Mangels Industrial (BSP:MGEL3) Selling, General, & Admin. Expense: R$60 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:MGEL3 Mangels Industrial SA BSP:MGEL3
8 GF Score
Price R$75.00
GF Value R$143.53
! 6 Warning Signs
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What is Mangels Industrial Selling, General, & Admin. Expense?

Mangels Industrial BSP:MGEL3 8 Selling, General, & Admin. Expense is R$60 Mil as of Jun. 2026. GuruFocus rates BSP:MGEL3 with a GF Score™ of 8/100 and a GF Value™ of R$143.53. The stock has 6 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Mangels Industrial's selling, general, & admin. expense for the three months ended in Jun. 2026 was R$16 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was R$60 Mil.


Mangels Industrial  (BSP:MGEL3) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Mangels Industrial Selling, General, & Admin. Expense Related Terms


Mangels Industrial Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Mangels Industrial's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mangels Industrial Selling, General, & Admin. Expense Chart

Mangels Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.01 37.07 43.95 48.27 55.58

Mangels Industrial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.59 14.86 14.21 15.19 15.73

BSP:MGEL3 vs NUE, STLD, RS: Selling, General, & Admin. Expense Comparison

For the Steel subindustry, Mangels Industrial's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mangels Industrial Selling, General, & Admin. Expense vs Steel Industry

For the Steel industry and Basic Materials sector, Mangels Industrial's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Mangels Industrial's Selling, General, & Admin. Expense falls into.


BSP:MGEL3
8GF Score
Mangels Industrial SA BSP:MGEL3
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangels Industrial Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$60 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of R$60 Mil mean?
Mangels Industrial (BSP:MGEL3) has a Selling, General, & Admin. Expense of R$60 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Mangels Industrial and its competitors.
Is Mangels Industrial's Selling, General, & Admin. Expense too high?
Mangels Industrial's current Selling, General, & Admin. Expense is R$60 Mil. Overall, Mangels Industrial has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Mangels Industrial's Selling, General, & Admin. Expense compare to NUE and STLD?
Mangels Industrial's Selling, General, & Admin. Expense of R$60 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Steel company?
A good Selling, General, & Admin. Expense depends on the Steel industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Mangels Industrial and its competitors. Mangels Industrial's current Selling, General, & Admin. Expense is R$60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangels Industrial stock overvalued right now?
Mangels Industrial (BSP:MGEL3) has a current Selling, General, & Admin. Expense of R$60 Mil. The stock's GF Value™ is R$143.53, compared to a current price of R$75.00 — trading 47.7% below its estimated fair value. The current Selling, General, & Admin. Expense is R$60 Mil. Mangels Industrial's overall GF Score™ is 8/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Mangels Industrial (BSP:MGEL3), the current Selling, General, & Admin. Expense is R$60 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mangels Industrial (BSP:MGEL3) Overvalued in 2026?

Based on GuruFocus' analysis, Mangels Industrial stock appears to be undervalued. The current stock price of R$75.00 is trading 47.7% below its estimated GF Value™ of R$143.53.

Key valuation signals for BSP:MGEL3:

  • Selling, General, & Admin. Expense: R$60 Mil
  • GF Value™: R$143.53 vs. price of R$75.00 (47.7% below fair value)
  • GF Score™: 8/100 with 6 warning signs

No single metric tells the full story. See the BSP:MGEL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mangels Industrial Business Description

Other Exchanges MGEL4:Brazil
Address Rua Verbo Divino 1488, 6th floor, Suite 61A and 64D, Chacara Santo, Antonio, Sao Paulo, SP, BRA, 04719904
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.
8GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$75.00
Price
R$143.53
GF Value