Metalurgica Gerdau S.A. (GOAU3.SA)

Metalurgica Gerdau S.A. (GOAU3.SA) — VMCI valuation read

Across 120 indicators, Metalurgica Gerdau S.A. (GOAU3.SA) lands at VMCI 56/100. The Basic Materials sector median is 50, so the 6-point above-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on GOAU3.SA in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, GOAU3.SA trades at 25.0x earnings, 39% above the Basic Materials median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 13.0% sits 3.0pp above the Basic Materials median (10.0%). On Risk, net debt to EBITDA of -1.2x leaves covenant headroom for GOAU3.SA on the trailing balance sheet.

GOAU3.SA rose 2.5% over the trailing 7 days, with a -6.7% read on a 30-day basis.