Companhia Celg de Participacoes (BSP:GPAR3) Selling, General, & Admin. Expense: R$35.48 Mil (TTM As of Sep. 2025)

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.
Reviewed by: Charlie Tian Charlie Tian
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:GPAR3 Companhia Celg de Participacoes SA BSP:GPAR3
48 GF Score
Price R$10.51
GF Value R$63.83
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Companhia Celg de Participacoes Selling, General, & Admin. Expense?

Companhia Celg de Participacoes BSP:GPAR3 48 Selling, General, & Admin. Expense is R$35.48 Mil as of Sep. 2025. GuruFocus rates BSP:GPAR3 with a GF Score™ of 48/100 and a GF Value™ of R$63.83 (Possible Value Trap). The stock has 3 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 Celg de Participacoes's selling, general, & admin. expense for the three months ended in Sep. 2025 was R$8.17 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2025 was R$35.48 Mil.


Companhia Celg de Participacoes  (BSP:GPAR3) 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 Celg de Participacoes Selling, General, & Admin. Expense Related Terms


Companhia Celg de Participacoes Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Companhia Celg de Participacoes'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 Celg de Participacoes Selling, General, & Admin. Expense Chart

Companhia Celg de Participacoes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.17 9.70 29.44 27.93 32.55

Companhia Celg de Participacoes Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 7.82 8.99 9.86 8.46 8.17

BSP:GPAR3 vs NEE, SO, DUK: Selling, General, & Admin. Expense Comparison

For the Utilities - Regulated Electric subindustry, Companhia Celg de Participacoes'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 Celg de Participacoes Selling, General, & Admin. Expense vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Companhia Celg de Participacoes's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Companhia Celg de Participacoes's Selling, General, & Admin. Expense falls into.


BSP:GPAR3
48GF Score
Companhia Celg de Participacoes SA BSP:GPAR3
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Companhia Celg de Participacoes 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$35.48 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$35.48 Mil mean?
Companhia Celg de Participacoes (BSP:GPAR3) has a Selling, General, & Admin. Expense of R$35.48 Mil as of Sep. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Companhia Celg de Participacoes and its competitors.
Is Companhia Celg de Participacoes' Selling, General, & Admin. Expense too high?
Companhia Celg de Participacoes' current Selling, General, & Admin. Expense is R$35.48 Mil. Overall, Companhia Celg de Participacoes has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Companhia Celg de Participacoes' Selling, General, & Admin. Expense compare to NEE and SO?
Companhia Celg de Participacoes' Selling, General, & Admin. Expense of R$35.48 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 Celg de Participacoes and its competitors. Companhia Celg de Participacoes's current Selling, General, & Admin. Expense is R$35.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Celg de Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Companhia Celg de Participacoes (BSP:GPAR3) is currently considered Possible Value Trap. The stock's GF Value™ is R$63.83, compared to a current price of R$10.51 — trading 83.5% below its estimated fair value. The current Selling, General, & Admin. Expense is R$35.48 Mil. Companhia Celg de Participacoes' overall GF Score™ is 48/100 with 3 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 Celg de Participacoes (BSP:GPAR3), the current Selling, General, & Admin. Expense is R$35.48 Mil as of Sep. 2025. 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 Celg de Participacoes (BSP:GPAR3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Celg de Participacoes stock appears to be undervalued. The current stock price of R$10.51 is trading 83.5% below its estimated GF Value™ of R$63.83. GuruFocus considers Companhia Celg de Participacoes to be Possible Value Trap.

Key valuation signals for BSP:GPAR3:

  • Selling, General, & Admin. Expense: R$35.48 Mil
  • GF Value™: R$63.83 vs. price of R$10.51 (83.5% below fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the BSP:GPAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Companhia Celg de Participacoes Business Description

Address Rua 2, Quadra A-37, No- 505, Edificio Gileno Godoi, Goiania, BRA, 74805-180
Companhia Celg de Participacoes SA operates as the holding company in electricity sector. The Company generates, distributes, transmits and markets electric energy in Brazil.
48GF Score

Get the complete analysis for BSP:GPAR3

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

R$10.51
Price
R$63.83
GF Value