Iochpe-Maxion S.A. (IOCJY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Iochpe-Maxion S.A. (IOCJY) trades at $0.62. Iochpe-Maxion S. A. is a global manufacturer of automotive wheels and structural components, serving both light and commercial vehicle markets. Market cap: $277.70M, Sector: Consumer cyclical.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for IOCJY: IOCJY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates IOCJY against Consumer Cyclical peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
IOCJY: 1/1 perspectives are bearish.
How is this calculated? →Iochpe-Maxion S.A. (IOCJY) Consumer Business Overview
Iochpe-Maxion S.A., founded in 1918 and based in Brazil, manufactures automotive wheels and structural components for the global light and commercial vehicle markets. With operations spanning multiple continents, the company offers a range of products, including steel and aluminum wheels, structural components, and railway castings, serving diverse automotive and industrial sectors.
What Is the Investment Thesis for IOCJY?
Iochpe-Maxion S.A. presents a mixed investment case. The company's established presence in the global automotive parts market and diverse product portfolio offer stability. The current dividend yield of 5.45% may attract income-focused investors. However, the company's low profit margin of 0.6% raises concerns about profitability and operational efficiency. The P/E ratio of 15.2 suggests a reasonable valuation, but investors should closely monitor the company's ability to improve profitability and navigate industry challenges. The low beta of 0.27 indicates lower volatility compared to the market, which may appeal to risk-averse investors. Growth catalysts include expansion in emerging markets and increased demand for lightweight automotive components. Potential risks include fluctuations in raw material prices and economic downturns affecting the automotive industry.
Based on FMP financials and quantitative analysis
IOCJY Key Highlights
- Market capitalization of $277.70M indicates its size relative to competitors in the automotive parts industry.
- P/E ratio of 15.2 suggests a potentially reasonable valuation compared to industry peers.
- Profit margin of 0.6% highlights a need for improved operational efficiency and cost management.
- Gross margin of 12.0% indicates the company's ability to generate profit from its products after accounting for the cost of goods sold.
- Dividend yield of 5.45% provides an attractive income stream for investors, supported by the company's earnings.
Who Are IOCJY's Competitors?
IOCJY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AKBIF Akebono Brake Industry Co., Ltd. | $0.72 | -0.00% | $196.52M | 45 |
| AMGRF AMA Group Limited | $0.31 | -30.69% | $149.77M | 41 |
| BYNEF Banyan Tree Holdings Limited | $0.45 | +0.00% | $386.81M | 56 |
| CMMCF OXE Marine AB (publ) | $0.03 | +0.00% | $20.79M | 46 |
| EGKLF ElringKlinger AG | $6.80 | +0.00% | $430.85M | 42 |
| INVZ Innoviz Technologies Ltd. | $0.68 | -2.17% | $150.02M | 68 |
| HYLN Hyliion Holdings Corp. | $4.30 | -0.35% | $767.70M | 66 |
| SES SES AI Corporation | $0.88 | -0.05% | $322.33M | 62 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IOCJY's Key Strengths?
- Global presence with operations in key automotive markets.
- Diverse product portfolio including wheels and structural components.
- Established relationships with major automotive manufacturers.
- Expertise in both steel and aluminum manufacturing.
What Are IOCJY's Weaknesses?
- Low profit margin compared to industry peers.
- Dependence on the cyclical automotive industry.
- Exposure to fluctuations in raw material prices.
- Limited presence in the electric vehicle component market.
What Could Drive IOCJY Stock Higher?
- Increased demand for lightweight automotive components driven by stricter emission regulations.
- Expansion in emerging markets with growing automotive production.
- Potential strategic partnerships or acquisitions to expand product portfolio (timeline: next 1-2 years).
- Development and introduction of new products for electric vehicles.
- Implementation of advanced manufacturing technologies to improve efficiency and reduce costs.
What Are the Key Risks for IOCJY?
- Financial-distress signal — its Altman Z-Score of 1.60 sits in the distress zone (elevated bankruptcy risk).
- Inconsistent delivery — missed Wall Street EPS estimates in 6 of the last 8 reported quarters.
- Fluctuations in raw material prices affecting production costs.
- Economic downturns impacting automotive sales and production (potential impact in the next 1-2 years).
- Intense competition from global and regional automotive parts manufacturers.
- Changes in government regulations affecting the automotive industry (potential impact in the next 2-3 years).
- Currency exchange rate fluctuations impacting profitability (ongoing).
What Are the Growth Opportunities for IOCJY?
- Expansion in Emerging Markets: Iochpe-Maxion can capitalize on the growing automotive markets in Asia and South America. These regions are experiencing increased vehicle demand due to rising disposable incomes and urbanization. By expanding its production facilities and distribution networks in these markets, Iochpe-Maxion can increase its revenue and market share. The automotive market in emerging economies is projected to grow at a rate of 5-7% annually over the next five years, presenting a significant opportunity for Iochpe-Maxion.
- Increased Demand for Lightweight Components: The automotive industry is increasingly focused on reducing vehicle weight to improve fuel efficiency and reduce emissions. Iochpe-Maxion can leverage its expertise in producing aluminum wheels and structural components to meet this demand. The market for lightweight automotive components is expected to grow at a rate of 8-10% annually, driven by stricter emission regulations and consumer demand for fuel-efficient vehicles. Iochpe-Maxion's investment in research and development of lightweight materials will be crucial to capitalize on this trend.
- Strategic Partnerships and Acquisitions: Iochpe-Maxion can pursue strategic partnerships and acquisitions to expand its product portfolio and geographic reach. Collaborating with other automotive parts manufacturers or acquiring companies with complementary technologies can enhance Iochpe-Maxion's competitive position. The company can target companies specializing in electric vehicle components or advanced manufacturing technologies to diversify its offerings and cater to the evolving needs of the automotive industry. This strategy could add 10-15% to their revenue in the next 3-5 years.
- Focus on Electric Vehicle Components: The growing adoption of electric vehicles (EVs) presents a significant opportunity for Iochpe-Maxion. The company can develop and manufacture components specifically designed for EVs, such as lightweight wheels and structural parts. The EV market is projected to grow exponentially over the next decade, driven by government incentives and increasing consumer awareness. Iochpe-Maxion's early entry into the EV component market will position it as a key supplier to EV manufacturers. The global EV market is expected to reach $800 billion by 2027.
- Investment in Advanced Manufacturing Technologies: Iochpe-Maxion can invest in advanced manufacturing technologies such as automation and 3D printing to improve production efficiency and reduce costs. These technologies can enable the company to produce complex components with greater precision and speed. The adoption of advanced manufacturing technologies can also enhance Iochpe-Maxion's ability to customize products and cater to specific customer requirements. The market for advanced manufacturing technologies in the automotive industry is projected to grow at a rate of 12-15% annually.
What Opportunities Does IOCJY Have?
- Expansion in emerging markets with growing automotive demand.
- Increasing demand for lightweight automotive components.
- Growing adoption of electric vehicles.
- Strategic partnerships and acquisitions to expand product portfolio.
What Threats Does IOCJY Face?
- Economic downturns affecting automotive sales and production.
- Intense competition from global and regional players.
- Rising raw material costs.
- Changing consumer preferences and technological disruptions.
What Are IOCJY's Competitive Advantages?
- Established relationships with major automotive manufacturers.
- Global manufacturing footprint with facilities in key regions.
- Diverse product portfolio catering to both light and commercial vehicle markets.
- Expertise in producing both steel and aluminum wheels and structural components.
What Does IOCJY Do?
Iochpe-Maxion S.A., established in 1918 and headquartered in Cruzeiro, Brazil, is a prominent global manufacturer specializing in automotive wheels and structural components. The company operates through two primary divisions: Maxion Wheels and Maxion Structural Components. Maxion Wheels focuses on producing a diverse range of wheels, including heavy steel wheels, light steel wheels for automobiles, pick-ups, SUVs, and light and medium commercial vehicles, as well as light aluminum wheels. Maxion Structural Components manufactures heavy structural components such as frames, sidebars, and crossbars, along with metal stampings for commercial vehicles, agricultural machinery, and aluminum wheels for light vehicles. In addition to its core offerings, Iochpe-Maxion provides light structural and automotive components, including metal stampings for passenger vehicles, hand brake levers, pedal and welded assemblies, and other automotive components. The company also produces freight cars, railway wheels, castings, and industrial castings. With a global presence spanning North America, South America, Europe, and Asia, Iochpe-Maxion serves a wide array of customers in the automotive and industrial sectors. The company's commitment to innovation and quality has solidified its position as a leading supplier in the automotive parts industry.
What Products and Services Does IOCJY Offer?
- Manufactures heavy steel wheels for commercial vehicles.
- Produces light steel wheels for automobiles, pick-ups, and SUVs.
- Offers light aluminum wheels for various vehicle types.
- Provides heavy structural components like frames and sidebars.
- Creates metal stampings for commercial vehicles and agricultural machinery.
- Manufactures freight cars, railway wheels, and castings.
- Supplies light structural and automotive components, including metal stampings for passenger vehicles.
How Does IOCJY Make Money?
- Manufactures and sells automotive wheels and structural components to OEMs (Original Equipment Manufacturers).
- Generates revenue through direct sales to automotive manufacturers and aftermarket suppliers.
- Operates through two divisions: Maxion Wheels and Maxion Structural Components.
- Focuses on both light and commercial vehicle markets.
What Industry Does IOCJY Operate In?
Iochpe-Maxion S.A. operates within the competitive automotive parts industry, which is influenced by trends such as increasing vehicle production, technological advancements, and evolving consumer preferences. The industry is characterized by intense competition among global and regional players. The demand for automotive parts is closely tied to vehicle sales and production volumes, making it susceptible to economic cycles. Key players are focusing on developing innovative and lightweight components to improve fuel efficiency and reduce emissions. Iochpe-Maxion's position in this landscape is supported by its global presence and diverse product portfolio, enabling it to cater to a wide range of customer needs.
Who Are IOCJY's Key Customers?
- Automotive manufacturers (OEMs) producing light vehicles (cars, SUVs, pick-ups).
- Commercial vehicle manufacturers (trucks, buses).
- Agricultural machinery manufacturers.
- Railway industry (freight car and railway wheel customers).
FY2026 estForward Outlook
Wall Street analysts project Iochpe-Maxion S.A. revenue of about $16.37B for fiscal 2026, with EPS near $0.57. The estimate reflects 4 contributing analysts.
1/8 beatsEarnings Track Record
Iochpe-Maxion S.A. has missed Wall Street's EPS estimate in 6 of its last 8 reported quarters — a recurring pattern of falling short of estimates. Reported results have landed about 24.1% below estimates on average.
F-Score 8/9Financial Health
Iochpe-Maxion S.A.'s Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 1.60 places it in the distress zone, a signal of elevated financial risk.
ROE 2%Key Financial Metrics
Return on equity for Iochpe-Maxion S.A. stands at 2.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.6%, showing how much profit it generates from its asset base. IOCJY trades at a trailing price-to-earnings ratio of 15.16, below the Consumer Cyclical sector average of ~39x. Its free cash flow yield is 5.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.75 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 6.8%, the inverse of the P/E and a quick read on earnings relative to price.
Iochpe-Maxion S.A. (IOCJY) Valuation Context
Valued at $277.70M, IOCJY is classified as a micro-cap stock.
IOCJY Revenue & Earnings Trend
In Q1 2026, IOCJY generated $3.74B in top-line revenue, marking a sequential increase of 4.6%. The company recorded net income of $3.8M, with diluted EPS of $0.01. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Consumer Cyclical. Across the four most recent quarters, IOCJY averaged $0.05 in diluted EPS.
Company Profile
Iochpe-Maxion S.A. operates in the Auto - Parts industry within the Consumer Cyclical sector. It is headquartered in Cruzeiro, BR. The company is led by CEO Pieter Klinkers. IOCJY has traded publicly since 1999.
IOCJY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Global presence with operations in key automotive markets.
- Diverse product portfolio including wheels and structural components.
- Established relationships with major automotive manufacturers.
- Expertise in both steel and aluminum manufacturing.
Bear Case
- Low profit margin compared to industry peers.
- Dependence on the cyclical automotive industry.
- Exposure to fluctuations in raw material prices.
- Limited presence in the electric vehicle component market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $3.74B | $4M | $0.01 |
| Q4 2025 | $3.57B | -$35M | -$0.08 |
| Q3 2025 | $3.80B | $35M | $0.08 |
| Q2 2025 | $4.11B | $87M | $0.19 |
Based on FMP financials and quantitative analysis
IOCJY Latest News
No recent news available for IOCJY.
IOCJY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for IOCJY.
Price Targets
Wall Street price target analysis for IOCJY.
IOCJY MoonshotScore
What does this score mean?
The MoonshotScore rates IOCJY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Pieter Klinkers
CEO
Pieter Klinkers serves as the CEO of Iochpe-Maxion S.A., overseeing the company's global operations and strategic direction. His background includes extensive experience in the automotive industry, with a focus on manufacturing, supply chain management, and business development. Prior to joining Iochpe-Maxion, Pieter held leadership positions at various automotive component manufacturers, where he was responsible for driving growth, improving operational efficiency, and fostering innovation. He holds a degree in Engineering and an MBA from a leading business school.
Track Record: Under Pieter Klinkers' leadership, Iochpe-Maxion has focused on expanding its global presence and diversifying its product portfolio. He has overseen the implementation of advanced manufacturing technologies to improve production efficiency and reduce costs. Pieter has also emphasized the importance of sustainability and environmental responsibility, driving initiatives to reduce the company's carbon footprint. Key milestones under his tenure include the expansion of production facilities in emerging markets and the development of new lightweight automotive components.
Iochpe-Maxion S.A. ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. IOCJY is an ADR that allows U.S. investors to invest in Iochpe-Maxion S.A. without directly dealing with the Brazilian stock market. Each IOCJY ADR represents a specific number of Iochpe-Maxion S.A. shares traded on its home market.
- Home Market Ticker: B3 (Brasil Bolsa Balcão), Brazil
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: IOCJ
IOCJY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited financial disclosure and may not meet the listing requirements of major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the lack of regulatory oversight and transparency compared to listed companies. Information availability may be limited, making it challenging to assess the company's financial health and prospects.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and transparency.
- Lower liquidity and wider bid-ask spreads.
- Potential for price manipulation and fraud.
- Higher volatility compared to listed stocks.
- Limited regulatory oversight.
- Verify the company's registration and legal status.
- Obtain and review available financial statements.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's risk factors and potential liabilities.
- Consult with a financial advisor or legal professional.
- Understand the risks associated with investing in OTC stocks.
- The company has been in operation since 1918, indicating a long history.
- Iochpe-Maxion S.A. has a global presence with operations in multiple countries.
- The company manufactures products for established automotive manufacturers.
- The company has a market capitalization of $277.70M, suggesting a reasonable size.
- The company pays a dividend, which can be a sign of financial stability.
IOCJY Consumer Cyclical Stock FAQ
What does Iochpe-Maxion S.A. do?
Iochpe-Maxion S.A. is a global manufacturer of automotive wheels and structural components, serving both light and commercial vehicle markets. The company operates through two divisions: Maxion Wheels and Maxion Structural Components. Maxion Wheels produces steel and aluminum wheels for automobiles, pick-ups, SUVs, and commercial vehicles. Maxion Structural Components manufactures heavy structural components, metal stampings, and other automotive components. The company's products are used by major automotive manufacturers worldwide.
What do analysts say about IOCJY stock?
As of 2026-03-16, there is no readily available analyst consensus for IOCJY due to its OTC listing and limited coverage. Investors should conduct their own due diligence and consider the company's fundamentals, industry trends, and risk factors before making an investment decision. Key valuation metrics include the P/E ratio of 15.2 and the dividend yield of 5.45%. Growth considerations include the company's expansion in emerging markets and its focus on lightweight automotive components. However, the low profit margin of 0.6% is a concern.
What are the main risks for IOCJY?
The main risks for Iochpe-Maxion S.A. include its dependence on the cyclical automotive industry, exposure to fluctuations in raw material prices, and intense competition from global and regional players. Economic downturns can significantly impact automotive sales and production, affecting the demand for the company's products. Rising raw material costs can erode profit margins. The company also faces the risk of technological disruptions and changing consumer preferences in the automotive industry. Additionally, as an ADR, IOCJY is subject to currency exchange rate fluctuations.
How does Iochpe-Maxion S.A. adapt to changing consumer preferences?
Iochpe-Maxion S.A. adapts to changing consumer preferences by investing in research and development to develop innovative and lightweight automotive components. The company focuses on producing aluminum wheels and structural parts to meet the increasing demand for fuel-efficient vehicles. Iochpe-Maxion also monitors consumer trends and collaborates with automotive manufacturers to develop products that meet their specific requirements. The company's ability to adapt to changing consumer preferences is crucial for maintaining its competitive position in the automotive parts industry.
What is Iochpe-Maxion S.A.'s geographic revenue mix?
Specific geographic revenue mix data for Iochpe-Maxion S.A. is not available in the provided source data. However, the company operates in North America, South America, Europe, and Asia, indicating a global presence. Investors should seek additional information from the company's financial reports or investor relations materials to understand the breakdown of revenue by region. Understanding the geographic revenue mix is important for assessing the company's exposure to different economic conditions and growth opportunities in various markets.
What are the key factors to evaluate for IOCJY?
Evaluate IOCJY on fundamentals, analyst consensus, and risk factors. P/E: 15.2x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does IOCJY data refresh on this page?
IOCJY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven IOCJY's recent stock price performance?
Iochpe-Maxion S.A. (IOCJY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Global presence with operations in key automotive markets. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may be less reliable than exchange-listed data.
- Analyst coverage may be limited due to OTC listing.