Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Selling, General, & Admin. Expense: R$268 Mil (TTM As of Mar. 2026)


BSP:CEEB3 Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
76 GF Score
Price R$46.42
GF Value R$46.47
Valuation Fairly Valued
! 6 Warning Signs
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What is Companhia de Eletricidade do Estado da Bahia – Coelba Selling, General, & Admin. Expense?

Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3 +0.91% 76 Selling, General, & Admin. Expense is R$268 Mil as of Mar. 2026. GuruFocus rates BSP:CEEB3 with a GF Score™ of 76/100 and a GF Value™ of R$46.47 (Fairly Valued). The stock has 6 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. Companhia de Eletricidade do Estado da Bahia – Coelba's selling, general, & admin. expense for the three months ended in Mar. 2026 was R$66 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$268 Mil.


Companhia de Eletricidade do Estado da Bahia – Coelba  (BSP:CEEB3) 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.


Companhia de Eletricidade do Estado da Bahia – Coelba Selling, General, & Admin. Expense Related Terms


Companhia de Eletricidade do Estado da Bahia – Coelba Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Companhia de Eletricidade do Estado da Bahia – Coelba'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.

Companhia de Eletricidade do Estado da Bahia – Coelba Selling, General, & Admin. Expense Chart

Companhia de Eletricidade do Estado da Bahia – Coelba 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 219.00 254.00 239.00 232.00 257.00

Companhia de Eletricidade do Estado da Bahia – Coelba 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 55.00 68.00 88.00 46.00 66.00

BSP:CEEB3 vs NEE, SO, DUK: Selling, General, & Admin. Expense Comparison

For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia – Coelba'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.


Companhia de Eletricidade do Estado da Bahia – Coelba Selling, General, & Admin. Expense vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia de Eletricidade do Estado da Bahia – Coelba's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Companhia de Eletricidade do Estado da Bahia – Coelba's Selling, General, & Admin. Expense falls into.


BSP:CEEB3
76GF Score
Companhia de Eletricidade do Estado da Bahia – Coelba BSP:CEEB3
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Companhia de Eletricidade do Estado da Bahia – Coelba 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$268 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$268 Mil mean?
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) has a Selling, General, & Admin. Expense of R$268 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 Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's Selling, General, & Admin. Expense too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current Selling, General, & Admin. Expense is R$268 Mil. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Companhia de Eletricidade do Estado da Bahia – Coelba's Selling, General, & Admin. Expense compare to NEE and SO?
Companhia de Eletricidade do Estado da Bahia – Coelba's Selling, General, & Admin. Expense of R$268 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Selling, General, & Admin. Expense depends on the Utilities - Regulated 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 Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. Companhia de Eletricidade do Estado da Bahia – Coelba's current Selling, General, & Admin. Expense is R$268 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia de Eletricidade do Estado da Bahia – Coelba stock overvalued right now?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) is currently considered Fairly Valued. The stock's GF Value™ is R$46.47, compared to a current price of R$46.42 — trading 0.1% below its estimated fair value. The current Selling, General, & Admin. Expense is R$268 Mil. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 76/100 with 6 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 Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current Selling, General, & Admin. Expense is R$268 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 Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba stock appears to be undervalued. The current stock price of R$46.42 is trading 0.1% below its estimated GF Value™ of R$46.47. GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.

Key valuation signals for BSP:CEEB3:

  • Selling, General, & Admin. Expense: R$268 Mil
  • GF Value™: R$46.47 vs. price of R$46.42 (0.1% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the BSP:CEEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia de Eletricidade do Estado da Bahia – Coelba Business Description

Other Exchanges CEEB5:Brazil
Address Av Edgar Santos 300, Bloco A/1 Andar, Salvador, BA, BRA, 41186900
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.
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$46.42
Price
R$46.47
GF Value