Grupo Mateus (BSP:GMAT3) Selling, General, & Admin. Expense: R$2,460 Mil (TTM As of Jun. 2026)

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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
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:GMAT3 Grupo Mateus SA BSP:GMAT3
79 GF Score
Price R$4.15
GF Value R$9.53
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Grupo Mateus Selling, General, & Admin. Expense?

Grupo Mateus BSP:GMAT3 +4.27% 79 Selling, General, & Admin. Expense is R$2,460 Mil as of Jun. 2026. GuruFocus rates BSP:GMAT3 with a GF Score™ of 79/100 and a GF Value™ of R$9.53 (Significantly Undervalued). 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. Grupo Mateus's selling, general, & admin. expense for the three months ended in Jun. 2026 was R$608 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was R$2,460 Mil.


Grupo Mateus  (BSP:GMAT3) 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.


Grupo Mateus Selling, General, & Admin. Expense Related Terms


Grupo Mateus Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Grupo Mateus'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.

Grupo Mateus Selling, General, & Admin. Expense Chart

Grupo Mateus 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 1,013.85 3,611.23 1,471.61 1,745.45 2,185.11

Grupo Mateus 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 485.72 573.48 671.58 606.40 608.05

BSP:GMAT3 vs DDS, M: Selling, General, & Admin. Expense Comparison

For the Department Stores subindustry, Grupo Mateus'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.


Grupo Mateus Selling, General, & Admin. Expense vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grupo Mateus's Selling, General, & Admin. Expense distribution charts can be found below:

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


BSP:GMAT3
79GF Score
Grupo Mateus SA BSP:GMAT3
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Mateus 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 R$2,460 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$2,460 Mil mean?
Grupo Mateus (BSP:GMAT3) has a Selling, General, & Admin. Expense of R$2,460 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 Grupo Mateus and its competitors.
Is Grupo Mateus' Selling, General, & Admin. Expense too high?
Grupo Mateus' current Selling, General, & Admin. Expense is R$2,460 Mil. Overall, Grupo Mateus has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grupo Mateus' Selling, General, & Admin. Expense compare to DDS and M?
Grupo Mateus' Selling, General, & Admin. Expense of R$2,460 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Selling, General, & Admin. Expense depends on the Retail - Cyclical 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 Grupo Mateus and its competitors. Grupo Mateus's current Selling, General, & Admin. Expense is R$2,460 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Mateus stock overvalued right now?
Based on GuruFocus' analysis, Grupo Mateus (BSP:GMAT3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$9.53, compared to a current price of R$4.15 — trading 56.5% below its estimated fair value. The current Selling, General, & Admin. Expense is R$2,460 Mil. Grupo Mateus' overall GF Score™ is 79/100 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 Grupo Mateus (BSP:GMAT3), the current Selling, General, & Admin. Expense is R$2,460 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 Grupo Mateus (BSP:GMAT3) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Mateus stock appears to be undervalued. The current stock price of R$4.15 is trading 56.5% below its estimated GF Value™ of R$9.53. GuruFocus considers Grupo Mateus to be Significantly Undervalued.

Key valuation signals for BSP:GMAT3:

  • Selling, General, & Admin. Expense: R$2,460 Mil
  • GF Value™: R$9.53 vs. price of R$4.15 (56.5% below fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the BSP:GMAT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Mateus Business Description

Address Avenida Daniel de la Touche, 73A, Cohama, Sao Luis, MA, BRA, CEP 65074-115
Grupo Mateus SA which which operate in the wholesale and retail, electro, mix, and industry segments through the subsidiary. The company has its operations in the supermarket, wholesale, appliance, furniture, bakery, slicing, and portioning. The business's product portfolio consists of maetus, mix atacarejo, camino supermercados, electro mateus among others.
79GF Score

Get the complete analysis for BSP:GMAT3

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

R$4.15
Price
R$9.53
GF Value