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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. HBR Realty Empreendimentos Imobiliarios's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was R$2.6 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$13.9 Mil.
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.
HBR Realty Empreendimentos Imobiliarios Selling, General, & Admin. Expense Related Terms
HBR Realty Empreendimentos Imobiliarios Selling, General, & Admin. Expense Historical Data
* 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.
HBR Realty Empreendimentos Imobiliarios Selling, General, & Admin. Expense Chart
HBR Realty Empreendimentos Imobiliarios Annual Data
BSP:HBRE3 vs CBRE, BEKE, JLL: Selling, General, & Admin. Expense Comparison
For the Real Estate Services subindustry, HBR Realty Empreendimentos Imobiliarios'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.
HBR Realty Empreendimentos Imobiliarios Selling, General, & Admin. Expense vs Real Estate Industry
For the Real Estate industry and Real Estate sector, HBR Realty Empreendimentos Imobiliarios's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where HBR Realty Empreendimentos Imobiliarios's Selling, General, & Admin. Expense falls into.
HBR Realty Empreendimentos Imobiliarios 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$13.9 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$13.9 Mil mean?
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a Selling, General, & Admin. Expense of R$13.9 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 HBR Realty Empreendimentos Imobiliarios and its competitors.
Is HBR Realty Empreendimentos Imobiliarios' Selling, General, & Admin. Expense too high?
HBR Realty Empreendimentos Imobiliarios' current Selling, General, & Admin. Expense is R$13.9 Mil. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' Selling, General, & Admin. Expense compare to CBRE and BEKE?
HBR Realty Empreendimentos Imobiliarios' Selling, General, & Admin. Expense of R$13.9 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate 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 HBR Realty Empreendimentos Imobiliarios and its competitors. HBR Realty Empreendimentos Imobiliarios's current Selling, General, & Admin. Expense is R$13.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.82, compared to a current price of R$2.15 — trading 87.2% below its estimated fair value. The current Selling, General, & Admin. Expense is R$13.9 Mil. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 68/100 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current Selling, General, & Admin. Expense is R$13.9 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued.
The current stock price of R$2.15 is trading 87.2% below its estimated GF Value™ of R$16.82.
GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.
Key valuation signals for BSP:HBRE3:
Selling, General, & Admin. Expense: R$13.9 Mil
GF Value™: R$16.82 vs. price of R$2.15 (87.2% below fair value)
No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
68GF Score
Get the complete analysis for BSP:HBRE3
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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