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P/E about 35% below the sector median, a lower price relative to earnings than its peers.
Established in 1901 and headquartered in São Paulo, Brazil, Metalurgica Gerdau S.A. operates globally, producing and distributing a comprehensive range of long and specialty steel products. Its extensive product lineup includes various bars such as continuous thread, heat-treated, hot-rolled engineered, and quench and tempered varieties, along with grinding rods, pitch diameter rounds, and diverse flat profiles like round cornered, spring, and SBQ flats. The company also furnishes merchant bars, encompassing channels, angles, flats, handrail bars, pencil rods, rail spikes, rounds, and squares, in addition to structural beams such as guard rails, standard I-beams, super light beams, and wide flange beams. Furthermore, Gerdau supplies construction materials like dowel bars, straight rebars, and a variety of sheet piling solutions (H-pile, PS flat, PZC), as well as steel billets. Complementing these are value-added steel products, including bright cold-finished, heat-treated, straightened, and internally/surface inspected bars. Beyond steel manufacturing, the company also engages in the recycling of scrap metal. Its broad customer base spans the agriculture, energy, industrial, automotive, and manufacturing sectors. The company adopted its current name, Metalurgica Gerdau S.A., in June 1965, having previously been known as METALÚRGICA HUGO GERDAU S.A.
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