Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Bursa De Valori Bucuresti's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was lei1.05 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was lei3.65 Mil.
Bursa De Valori Bucuresti (BSE:BVB) 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.
Bursa De Valori Bucuresti Selling, General, & Admin. Expense Related Terms
Bursa De Valori Bucuresti Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Bursa De Valori Bucuresti'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.
Bursa De Valori Bucuresti Selling, General, & Admin. Expense Chart
BSE:BVB vs SPGI, CME, MCO: Selling, General, & Admin. Expense Comparison
For the Financial Data & Stock Exchanges subindustry, Bursa De Valori Bucuresti'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.
Bursa De Valori Bucuresti Selling, General, & Admin. Expense vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bursa De Valori Bucuresti's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Bursa De Valori Bucuresti's Selling, General, & Admin. Expense falls into.
Bursa De Valori Bucuresti 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was lei3.65 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 lei3.65 Mil mean?
Bursa De Valori Bucuresti (BSE:BVB) has a Selling, General, & Admin. Expense of lei3.65 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Bursa De Valori Bucuresti and its competitors.
Is Bursa De Valori Bucuresti's Selling, General, & Admin. Expense too high?
Bursa De Valori Bucuresti's current Selling, General, & Admin. Expense is lei3.65 Mil. Overall, Bursa De Valori Bucuresti has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bursa De Valori Bucuresti's Selling, General, & Admin. Expense compare to SPGI and CME?
Bursa De Valori Bucuresti's Selling, General, & Admin. Expense of lei3.65 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets 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 Bursa De Valori Bucuresti and its competitors. Bursa De Valori Bucuresti's current Selling, General, & Admin. Expense is lei3.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa De Valori Bucuresti stock overvalued right now?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti (BSE:BVB) is currently considered Significantly Overvalued. The stock's GF Value™ is lei48.82, compared to a current price of lei88.00 — trading 80.3% above its estimated fair value. The current Selling, General, & Admin. Expense is lei3.65 Mil. Bursa De Valori Bucuresti's overall GF Score™ is 95/100 with 4 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 Bursa De Valori Bucuresti (BSE:BVB), the current Selling, General, & Admin. Expense is lei3.65 Mil 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 Bursa De Valori Bucuresti (BSE:BVB) Overvalued in 2026?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti stock appears to be overvalued.
The current stock price of lei88.00 is trading 80.3% above its estimated GF Value™ of lei48.82.
GuruFocus considers Bursa De Valori Bucuresti to be Significantly Overvalued.
Key valuation signals for BSE:BVB:
Selling, General, & Admin. Expense: lei3.65 Mil
GF Value™: lei48.82 vs. price of lei88.00 (80.3% above fair value)
No single metric tells the full story. See the BSE:BVB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bursa De Valori Bucuresti SA is engaged in the management and operation of financial markets. The company operates through four business segments, including Capital Markets, Post-trading Services, Registry Services, and CCP.RO Services. The Capital Markets segment involves trading in securities and financial instruments on regulated markets. Post-trading Services include services provided after the completion of transactions until funds are received and securities are transferred to portfolios. Registry Services involve maintaining and updating shareholder registers for listed companies. CCP.RO Services relate to the implementation and operation of central counterparty activities. The majority of the company's revenue is generated from Capital Markets trading services.
95GF Score
Get the complete analysis for BSE:BVB
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSE:BVB has been successfully added to your 
