CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) Selling, General, & Admin. Expense: R$444 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:CGAS3 CIA de Gas de Sao Paulo - COMGAS BSP:CGAS3
65 GF Score
Price R$125.10
GF Value R$82.30
Valuation Significantly Overvalued
! 7 Warning Signs
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What is CIA de Gas deo Paulo - COMGAS Selling, General, & Admin. Expense?

CIA de Gas deo Paulo - COMGAS BSP:CGAS3 65 Selling, General, & Admin. Expense is R$444 Mil as of Mar. 2026. GuruFocus rates BSP:CGAS3 with a GF Score™ of 65/100 and a GF Value™ of R$82.30 (Significantly Overvalued). The stock has 7 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. CIA de Gas deo Paulo - COMGAS's selling, general, & admin. expense for the three months ended in Mar. 2026 was R$99 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$444 Mil.


CIA de Gas deo Paulo - COMGAS  (BSP:CGAS3) 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.


CIA de Gas deo Paulo - COMGAS Selling, General, & Admin. Expense Related Terms


CIA de Gas deo Paulo - COMGAS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for CIA de Gas deo Paulo - COMGAS'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.

CIA de Gas deo Paulo - COMGAS Selling, General, & Admin. Expense Chart

CIA de Gas deo Paulo - COMGAS 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 527.23 422.40 422.79 434.60 451.81

CIA de Gas deo Paulo - COMGAS 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 90.17 105.58 114.06 124.75 99.26

BSP:CGAS3 vs ATO, NI, UGI: Selling, General, & Admin. Expense Comparison

For the Utilities - Regulated Gas subindustry, CIA de Gas deo Paulo - COMGAS'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.


CIA de Gas deo Paulo - COMGAS Selling, General, & Admin. Expense vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CIA de Gas deo Paulo - COMGAS's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where CIA de Gas deo Paulo - COMGAS's Selling, General, & Admin. Expense falls into.


BSP:CGAS3
65GF Score
CIA de Gas de Sao Paulo - COMGAS BSP:CGAS3
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CIA de Gas deo Paulo - COMGAS 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$444 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$444 Mil mean?
CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) has a Selling, General, & Admin. Expense of R$444 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 CIA de Gas deo Paulo - COMGAS and its competitors.
Is CIA de Gas deo Paulo - COMGAS's Selling, General, & Admin. Expense too high?
CIA de Gas deo Paulo - COMGAS's current Selling, General, & Admin. Expense is R$444 Mil. Overall, CIA de Gas deo Paulo - COMGAS has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Gas deo Paulo - COMGAS's Selling, General, & Admin. Expense compare to ATO and NI?
CIA de Gas deo Paulo - COMGAS's Selling, General, & Admin. Expense of R$444 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 CIA de Gas deo Paulo - COMGAS and its competitors. CIA de Gas deo Paulo - COMGAS's current Selling, General, & Admin. Expense is R$444 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Gas deo Paulo - COMGAS stock overvalued right now?
Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$82.30, compared to a current price of R$125.10 — trading 52% above its estimated fair value. The current Selling, General, & Admin. Expense is R$444 Mil. CIA de Gas deo Paulo - COMGAS's overall GF Score™ is 65/100 with 7 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS3), the current Selling, General, & Admin. Expense is R$444 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 CIA de Gas deo Paulo - COMGAS (BSP:CGAS3) Overvalued in 2026?

Based on GuruFocus' analysis, CIA de Gas deo Paulo - COMGAS stock appears to be overvalued. The current stock price of R$125.10 is trading 52% above its estimated GF Value™ of R$82.30. GuruFocus considers CIA de Gas deo Paulo - COMGAS to be Significantly Overvalued.

Key valuation signals for BSP:CGAS3:

  • Selling, General, & Admin. Expense: R$444 Mil
  • GF Value™: R$82.30 vs. price of R$125.10 (52% above fair value)
  • GF Score™: 65/100 with 7 warning signs

No single metric tells the full story. See the BSP:CGAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CIA de Gas deo Paulo - COMGAS Business Description

Other Exchanges CGAS5:Brazil
Address Brigadeiro Faria Lima Avenue, 4,100, 4th floor, Itaim Bibi, SP, BRA, 04538-132
CIA de Gas de Sao Paulo - COMGAS distributes piped natural gas in part of the State of Sao Paulo for consumers in the industrial, residential, commercial, automotive, thermal generation and cogeneration sectors.
65GF Score

Get the complete analysis for BSP:CGAS3

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

R$125.10
Price
R$82.30
GF Value