Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) Selling, General, & Admin. Expense: R$0.08 Mil (TTM As of Dec. 2025)

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BSP:HRDF11 Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11
23 GF Score
Price R$4.00
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What is Hedge Realty Development Fundo Investimento Imobiliario FII Selling, General, & Admin. Expense?

Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11 -2.44% 23 Selling, General, & Admin. Expense is R$0.08 Mil as of Dec. 2025. GuruFocus rates BSP:HRDF11 with a GF Score™ of 23/100.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Hedge Realty Development Fundo Investimento Imobiliario FII's selling, general, & admin. expense for the six months ended in Dec. 2025 was R$0.08 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.08 Mil.


Hedge Realty Development Fundo Investimento Imobiliario FII  (BSP:HRDF11) 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.


Hedge Realty Development Fundo Investimento Imobiliario FII Selling, General, & Admin. Expense Related Terms


Hedge Realty Development Fundo Investimento Imobiliario FII Selling, General, & Admin. Expense Historical Data

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The historical data trend for Hedge Realty Development Fundo Investimento Imobiliario FII'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.

Hedge Realty Development Fundo Investimento Imobiliario FII Selling, General, & Admin. Expense Chart

Hedge Realty Development Fundo Investimento Imobiliario FII Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.18 0.10 0.10 0.18 0.08

Hedge Realty Development Fundo Investimento Imobiliario FII Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense Get a 7-Day Free Trial 0.18 0.10 0.10 0.18 0.08

BSP:HRDF11 vs VICI, WPC: Selling, General, & Admin. Expense Comparison

For the REIT - Diversified subindustry, Hedge Realty Development Fundo Investimento Imobiliario FII'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.


Hedge Realty Development Fundo Investimento Imobiliario FII Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Realty Development Fundo Investimento Imobiliario FII's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Hedge Realty Development Fundo Investimento Imobiliario FII's Selling, General, & Admin. Expense falls into.


BSP:HRDF11
23GF Score
Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Realty Development Fundo Investimento Imobiliario FII 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.08 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$0.08 Mil mean?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a Selling, General, & Admin. Expense of R$0.08 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Hedge Realty Development Fundo Investimento Imobiliario FII and its competitors.
Is Hedge Realty Development Fundo Investimento Imobiliario FII's Selling, General, & Admin. Expense too high?
Hedge Realty Development Fundo Investimento Imobiliario FII's current Selling, General, & Admin. Expense is R$0.08 Mil. Overall, Hedge Realty Development Fundo Investimento Imobiliario FII has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Realty Development Fundo Investimento Imobiliario FII's Selling, General, & Admin. Expense compare to VICI and WPC?
Hedge Realty Development Fundo Investimento Imobiliario FII's Selling, General, & Admin. Expense of R$0.08 Mil can be compared against companies in the REITs 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 REITs company?
A good Selling, General, & Admin. Expense depends on the REITs 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 Hedge Realty Development Fundo Investimento Imobiliario FII and its competitors. Hedge Realty Development Fundo Investimento Imobiliario FII's current Selling, General, & Admin. Expense is R$0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Realty Development Fundo Investimento Imobiliario FII stock overvalued right now?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a current Selling, General, & Admin. Expense of R$0.08 Mil. The current Selling, General, & Admin. Expense is R$0.08 Mil. Hedge Realty Development Fundo Investimento Imobiliario FII's overall GF Score™ is 23/100. 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 Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11), the current Selling, General, & Admin. Expense is R$0.08 Mil as of Dec. 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.

Hedge Realty Development Fundo Investimento Imobiliario FII Business Description

Industry Real EstateREITs
Address Avenue Horacio Lafer, 160, 9th Floor, Itaim Bibi, Sao Paulo, BRA
Hedge Realty Development Fundo Investimento Imobiliario FII is a closed-end fund. The Fund's objective is to provide its shareholders with long-term appreciation and profitability of their shares, predominantly through investment.
23GF 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.

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