Brava Energia (BSP:BRAV3) Selling, General, & Admin. Expense: R$221 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:BRAV3 Brava Energia SA BSP:BRAV3
76 GF Score
Price R$19.57
GF Value R$20.27
Valuation Fairly Valued
! 8 Warning Signs
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What is Brava Energia Selling, General, & Admin. Expense?

Brava Energia BSP:BRAV3 -0.41% 76 Selling, General, & Admin. Expense is R$221 Mil as of Mar. 2026. GuruFocus rates BSP:BRAV3 with a GF Score™ of 76/100 and a GF Value™ of R$20.27 (Fairly Valued). 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. Brava Energia's selling, general, & admin. expense for the three months ended in Mar. 2026 was R$47 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$221 Mil.


Brava Energia  (BSP:BRAV3) 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.


Brava Energia Selling, General, & Admin. Expense Related Terms


Brava Energia Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Brava Energia'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.

Brava Energia Selling, General, & Admin. Expense Chart

Brava Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.09 339.00 126.01 159.63 221.60

Brava Energia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 47.28 35.08 76.73 62.51 46.85

BSP:BRAV3 vs COP, EOG, FANG: Selling, General, & Admin. Expense Comparison

For the Oil & Gas E&P subindustry, Brava Energia'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.


Brava Energia Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Brava Energia's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Brava Energia's Selling, General, & Admin. Expense falls into.


BSP:BRAV3
76GF Score
Brava Energia SA BSP:BRAV3
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Brava Energia 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 R$221 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 R$221 Mil mean?
Brava Energia (BSP:BRAV3) has a Selling, General, & Admin. Expense of R$221 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 Brava Energia and its competitors.
Is Brava Energia's Selling, General, & Admin. Expense too high?
Brava Energia's current Selling, General, & Admin. Expense is R$221 Mil. Overall, Brava Energia has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brava Energia's Selling, General, & Admin. Expense compare to COP and EOG?
Brava Energia's Selling, General, & Admin. Expense of R$221 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas 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 Brava Energia and its competitors. Brava Energia's current Selling, General, & Admin. Expense is R$221 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brava Energia stock overvalued right now?
Based on GuruFocus' analysis, Brava Energia (BSP:BRAV3) is currently considered Fairly Valued. The stock's GF Value™ is R$20.27, compared to a current price of R$19.57 — trading 3.5% below its estimated fair value. The current Selling, General, & Admin. Expense is R$221 Mil. Brava Energia's overall GF Score™ is 76/100 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 Brava Energia (BSP:BRAV3), the current Selling, General, & Admin. Expense is R$221 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 Brava Energia (BSP:BRAV3) Overvalued in 2026?

Based on GuruFocus' analysis, Brava Energia stock appears to be undervalued. The current stock price of R$19.57 is trading 3.5% below its estimated GF Value™ of R$20.27. GuruFocus considers Brava Energia to be Fairly Valued.

Key valuation signals for BSP:BRAV3:

  • Selling, General, & Admin. Expense: R$221 Mil
  • GF Value™: R$20.27 vs. price of R$19.57 (3.5% below fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the BSP:BRAV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Brava Energia Business Description

Industry EnergyOil & Gas
Other Exchanges BVENY:USA
Address Praia de Botafogo, 186, 16th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Brava Energia SA is engaged in the oil and gas sector with a focus on the redevelopment of mature production fields located onshore, in shallow waters, and offshore. The company operates in the following business segments: Exploration and Production (E&P), Mid and Downstream, and Corporate and other businesses. Maximum revenue is generated from the Exploration and Production segment, which includes oil and gas exploration and production activities in Brazil, including production development. This segment generates revenue mainly from the sale of oil and gas. The Mid and Downstream segment includes the activities of refining, logistics, transportation, acquisition, and export of crude oil, as well as the purchase and sale of oil and gas derivatives in Brazil.
76GF Score

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

R$19.57
Price
R$20.27
GF Value