Kinea Indices Precos Fundo Investimento Imobiliario - FII (BSP:KNIP11) Selling, General, & Admin. Expense: R$1.5 Mil (TTM As of Jun. 2025)

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Director of Data and Quant Analytics at GuruFocus
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BSP:KNIP11 Kinea Indices Precos Fundo Investimento Imobiliario - FII BSP:KNIP11
48 GF Score
Price R$90.54
GF Value R$94.41
Valuation Fairly Valued
! 2 Warning Signs
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What is Kinea Indices Precos Fundo Investimento Imobiliario - FII Selling, General, & Admin. Expense?

Kinea Indices Precos Fundo Investimento Imobiliario - FII BSP:KNIP11 -0.21% 48 Selling, General, & Admin. Expense is R$1.5 Mil as of Jun. 2025. GuruFocus rates BSP:KNIP11 with a GF Score™ of 48/100 and a GF Value™ of R$94.41 (Fairly Valued). The stock has 2 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. Kinea Indices Precos Fundo Investimento Imobiliario - FII's selling, general, & admin. expense for the six months ended in Jun. 2025 was R$1.5 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2025 was R$1.5 Mil.


Kinea Indices Precos Fundo Investimento Imobiliario - FII  (BSP:KNIP11) 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.


Kinea Indices Precos Fundo Investimento Imobiliario - FII Selling, General, & Admin. Expense Related Terms


Kinea Indices Precos Fundo Investimento Imobiliario - FII Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Kinea Indices Precos 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.

Kinea Indices Precos Fundo Investimento Imobiliario - FII Selling, General, & Admin. Expense Chart

Kinea Indices Precos Fundo Investimento Imobiliario - FII Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only 0.91 1.19 1.29 1.38 1.51

Kinea Indices Precos Fundo Investimento Imobiliario - FII Semi-Annual Data
Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only 0.91 1.19 1.29 1.38 1.51

BSP:KNIP11 vs VICI, WPC: Selling, General, & Admin. Expense Comparison

For the REIT - Diversified subindustry, Kinea Indices Precos 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.


Kinea Indices Precos Fundo Investimento Imobiliario - FII Selling, General, & Admin. Expense vs REITs Industry

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

* The bar in red indicates where Kinea Indices Precos Fundo Investimento Imobiliario - FII's Selling, General, & Admin. Expense falls into.


BSP:KNIP11
48GF Score
Kinea Indices Precos Fundo Investimento Imobiliario - FII BSP:KNIP11
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kinea Indices Precos 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 Jun. 2025 was R$1.5 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$1.5 Mil mean?
Kinea Indices Precos Fundo Investimento Imobiliario - FII (BSP:KNIP11) has a Selling, General, & Admin. Expense of R$1.5 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 Kinea Indices Precos Fundo Investimento Imobiliario - FII and its competitors.
Is Kinea Indices Precos Fundo Investimento Imobiliario - FII's Selling, General, & Admin. Expense too high?
Kinea Indices Precos Fundo Investimento Imobiliario - FII's current Selling, General, & Admin. Expense is R$1.5 Mil. Overall, Kinea Indices Precos Fundo Investimento Imobiliario - FII has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kinea Indices Precos Fundo Investimento Imobiliario - FII's Selling, General, & Admin. Expense compare to VICI and WPC?
Kinea Indices Precos Fundo Investimento Imobiliario - FII's Selling, General, & Admin. Expense of R$1.5 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 Kinea Indices Precos Fundo Investimento Imobiliario - FII and its competitors. Kinea Indices Precos Fundo Investimento Imobiliario - FII's current Selling, General, & Admin. Expense is R$1.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinea Indices Precos Fundo Investimento Imobiliario - FII stock overvalued right now?
Based on GuruFocus' analysis, Kinea Indices Precos Fundo Investimento Imobiliario - FII (BSP:KNIP11) is currently considered Fairly Valued. The stock's GF Value™ is R$94.41, compared to a current price of R$90.54 — trading 4.1% below its estimated fair value. The current Selling, General, & Admin. Expense is R$1.5 Mil. Kinea Indices Precos Fundo Investimento Imobiliario - FII's overall GF Score™ is 48/100 with 2 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 Kinea Indices Precos Fundo Investimento Imobiliario - FII (BSP:KNIP11), the current Selling, General, & Admin. Expense is R$1.5 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 Kinea Indices Precos Fundo Investimento Imobiliario - FII (BSP:KNIP11) Overvalued in 2026?

Based on GuruFocus' analysis, Kinea Indices Precos Fundo Investimento Imobiliario - FII stock appears to be undervalued. The current stock price of R$90.54 is trading 4.1% below its estimated GF Value™ of R$94.41. GuruFocus considers Kinea Indices Precos Fundo Investimento Imobiliario - FII to be Fairly Valued.

Key valuation signals for BSP:KNIP11:

  • Selling, General, & Admin. Expense: R$1.5 Mil
  • GF Value™: R$94.41 vs. price of R$90.54 (4.1% below fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the BSP:KNIP11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kinea Indices Precos Fundo Investimento Imobiliario - FII Business Description

Industry Real EstateREITs
Address Av. Brigadeiro Faria Lima, 3400- 10 andar, Sao Paulo, BRA, 01452-000
Kinea Indices Precos Fundo Investimento Imobiliario - FII is a real estate investment trust engaged in real estate sector.
48GF Score

Get the complete analysis for BSP:KNIP11

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

R$90.54
Price
R$94.41
GF Value