Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Selling, General, & Admin. Expense: ฿35 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BKK:GVREIT Golden Ventures Leasehold Real Estate Investment Trust BKK:GVREIT
73 GF Score
Price ฿7.65
GF Value ฿6.27
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Golden Ventures Leasehold Real Estate Investment Trust Selling, General, & Admin. Expense?

Golden Ventures Leasehold Real Estate Investment Trust BKK:GVREIT -0.65% 73 Selling, General, & Admin. Expense is ฿35 Mil as of Jun. 2026. GuruFocus rates BKK:GVREIT with a GF Score™ of 73/100 and a GF Value™ of ฿6.27 (Modestly Overvalued). The stock has 8 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. Golden Ventures Leasehold Real Estate Investment Trust's selling, general, & admin. expense for the three months ended in Jun. 2026 was ฿3 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ฿35 Mil.


Golden Ventures Leasehold Real Estate Investment Trust  (BKK:GVREIT) 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.


Golden Ventures Leasehold Real Estate Investment Trust Selling, General, & Admin. Expense Related Terms


Golden Ventures Leasehold Real Estate Investment Trust Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Golden Ventures Leasehold Real Estate Investment Trust'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.

Golden Ventures Leasehold Real Estate Investment Trust Selling, General, & Admin. Expense Chart

Golden Ventures Leasehold Real Estate Investment Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 11.80 16.87 22.01 35.29

Golden Ventures Leasehold Real Estate Investment Trust 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 10.04 15.76 9.73 7.11 2.60

BKK:GVREIT vs BXP, ARE, VNO: Selling, General, & Admin. Expense Comparison

For the REIT - Office subindustry, Golden Ventures Leasehold Real Estate Investment Trust'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.


Golden Ventures Leasehold Real Estate Investment Trust Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Golden Ventures Leasehold Real Estate Investment Trust's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Golden Ventures Leasehold Real Estate Investment Trust's Selling, General, & Admin. Expense falls into.


BKK:GVREIT
73GF Score
Golden Ventures Leasehold Real Estate Investment Trust BKK:GVREIT
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Ventures Leasehold Real Estate Investment Trust 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 ฿35 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 ฿35 Mil mean?
Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) has a Selling, General, & Admin. Expense of ฿35 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 Golden Ventures Leasehold Real Estate Investment Trust and its competitors.
Is Golden Ventures Leasehold Real Estate Investment Trust's Selling, General, & Admin. Expense too high?
Golden Ventures Leasehold Real Estate Investment Trust's current Selling, General, & Admin. Expense is ฿35 Mil. Overall, Golden Ventures Leasehold Real Estate Investment Trust has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golden Ventures Leasehold Real Estate Investment Trust's Selling, General, & Admin. Expense compare to BXP and ARE?
Golden Ventures Leasehold Real Estate Investment Trust's Selling, General, & Admin. Expense of ฿35 Mil can be compared against companies in the REITs 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 REITs company?
A good Selling, General, & Admin. Expense depends on the REITs 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 Golden Ventures Leasehold Real Estate Investment Trust and its competitors. Golden Ventures Leasehold Real Estate Investment Trust's current Selling, General, & Admin. Expense is ฿35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Ventures Leasehold Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.27, compared to a current price of ฿7.65 — trading 22% above its estimated fair value. The current Selling, General, & Admin. Expense is ฿35 Mil. Golden Ventures Leasehold Real Estate Investment Trust's overall GF Score™ is 73/100 with 8 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 Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT), the current Selling, General, & Admin. Expense is ฿35 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 Golden Ventures Leasehold Real Estate Investment Trust (BKK:GVREIT) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Ventures Leasehold Real Estate Investment Trust stock appears to be overvalued. The current stock price of ฿7.65 is trading 22% above its estimated GF Value™ of ฿6.27. GuruFocus considers Golden Ventures Leasehold Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for BKK:GVREIT:

  • Selling, General, & Admin. Expense: ฿35 Mil
  • GF Value™: ฿6.27 vs. price of ฿7.65 (22% above fair value)
  • GF Score™: 73/100 with 8 warning signs

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


Golden Ventures Leasehold Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 944 Rama 4 Road, 22nd Floor, Mitrtown Office Tower, Wangmai, Pathumwan, Bangkok, THA, 10330
Golden Ventures Leasehold Real Estate Investment Trust operates leasehold properties, focusing on office buildings. The company invests in properties located in Thailand. The Trust's objectives are to raise funds from investors both ordinary and juristic persons, including long-term loans from financial institutions and deposits from rental to invest in 2 projects Park Ventures Ecoplex Project and Sathorn Square Project.
73GF Score

Get the complete analysis for BKK:GVREIT

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

฿7.65
Price
฿6.27
GF Value