Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) Selling, General, & Admin. Expense: R$33.3 Mil (TTM As of Jun. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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:IRDM11 Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios BSP:IRDM11
12 GF Score
Price R$58.50
GF Value R$91.55
! 1 Warning Sign
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What is Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Selling, General, & Admin. Expense?

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios BSP:IRDM11 12 Selling, General, & Admin. Expense is R$33.3 Mil as of Jun. 2025. GuruFocus rates BSP:IRDM11 with a GF Score™ of 12/100 and a GF Value™ of R$91.55. The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's selling, general, & admin. expense for the six months ended in Jun. 2025 was R$33.3 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2025 was R$33.3 Mil.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios  (BSP:IRDM11) 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.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Selling, General, & Admin. Expense Related Terms


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios'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.

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Selling, General, & Admin. Expense Chart

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 0.00 0.00 37.23 31.84 33.33

Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Semi-Annual Data
Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense Get a 7-Day Free Trial 0.00 0.00 37.23 31.84 33.33

BSP:IRDM11 vs VICI, WPC: Selling, General, & Admin. Expense Comparison

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario Iridium Recebiveis 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.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's Selling, General, & Admin. Expense falls into.


BSP:IRDM11
12GF Score
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios BSP:IRDM11
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo Investimento Imobiliario Iridium Recebiveis 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.

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 Jun. 2025 was R$33.3 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$33.3 Mil mean?
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) has a Selling, General, & Admin. Expense of R$33.3 Mil as of Jun. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios and its competitors.
Is Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' Selling, General, & Admin. Expense too high?
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' current Selling, General, & Admin. Expense is R$33.3 Mil. Overall, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' Selling, General, & Admin. Expense compare to VICI and WPC?
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' Selling, General, & Admin. Expense of R$33.3 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 Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios and its competitors. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's current Selling, General, & Admin. Expense is R$33.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios stock overvalued right now?
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) has a current Selling, General, & Admin. Expense of R$33.3 Mil. The stock's GF Value™ is R$91.55, compared to a current price of R$58.50 — trading 36.1% below its estimated fair value. The current Selling, General, & Admin. Expense is R$33.3 Mil. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' overall GF Score™ is 12/100 with 1 warning sign 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 Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11), the current Selling, General, & Admin. Expense is R$33.3 Mil as of Jun. 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 Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios stock appears to be undervalued. The current stock price of R$58.50 is trading 36.1% below its estimated GF Value™ of R$91.55.

Key valuation signals for BSP:IRDM11:

  • Selling, General, & Admin. Expense: R$33.3 Mil
  • GF Value™: R$91.55 vs. price of R$58.50 (36.1% below fair value)
  • GF Score™: 12/100 with 1 warning sign

No single metric tells the full story. See the BSP:IRDM11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Business Description

Industry Real EstateREITs
Address Rua Joaquim Floriano, 100, 9th Floor, Sao Paulo, SP, BRA, 04534-000
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios is a real estate investment fund whose main focus is investment in real estate recieveable certificates.
12GF Score

Get the complete analysis for BSP:IRDM11

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

R$58.50
Price
R$91.55
GF Value