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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Mangels Industrial's operating assets for the quarter that ended in Mar. 2026 was R$727 Mil. Mangels Industrial's operating liabilities for the quarter that ended in Mar. 2026 was R$170 Mil. Mangels Industrial's Total Assets for the quarter that ended in Dec. 2025 was R$721 Mil. Therefore, Mangels Industrial's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.
Mangels Industrial Scaled Net Operating Assets Related Terms
Mangels Industrial Scaled Net Operating Assets Historical Data
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The historical data trend for Mangels Industrial's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart
BSP:MGEL4 vs NUE, STLD, RS: Scaled Net Operating Assets Comparison
For the Steel subindustry, Mangels Industrial's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Steel Industry
For the Steel industry and Basic Materials sector, Mangels Industrial's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Mangels Industrial's Scaled Net Operating Assets falls into.
* 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 Scaled Net Operating Assets of 0.77 mean?
Mangels Industrial (BSP:MGEL4) has a Scaled Net Operating Assets of 0.77 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Mangels Industrial and its competitors.
Is Mangels Industrial's Scaled Net Operating Assets too high?
Mangels Industrial's current Scaled Net Operating Assets is 0.77. Overall, Mangels Industrial has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mangels Industrial's Scaled Net Operating Assets compare to NUE and STLD?
Mangels Industrial's Scaled Net Operating Assets of 0.77 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 Scaled Net Operating Assets for a Steel company?
A good Scaled Net Operating Assets depends on the Steel industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Mangels Industrial and its competitors. Mangels Industrial's current Scaled Net Operating Assets is 0.77. 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?
Based on GuruFocus' analysis, Mangels Industrial (BSP:MGEL4) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.60, compared to a current price of R$5.28 — trading 45% below its estimated fair value. The current Scaled Net Operating Assets is 0.77. Mangels Industrial's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Mangels Industrial (BSP:MGEL4), the current Scaled Net Operating Assets is 0.77 as of Mar. 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:MGEL4) Overvalued in 2026?
Based on GuruFocus' analysis, Mangels Industrial stock appears to be undervalued.
The current stock price of R$5.28 is trading 45% below its estimated GF Value™ of R$9.60.
GuruFocus considers Mangels Industrial to be Possible Value Trap.
Key valuation signals for BSP:MGEL4:
Scaled Net Operating Assets: 0.77
GF Value™: R$9.60 vs. price of R$5.28 (45% below fair value)
No single metric tells the full story. See the BSP:MGEL4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
62GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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