Maresias Fundo De Investimento Imobiliario (BSP:MMVE11) Selling, General, & Admin. Expense: R$1.31 Mil (TTM As of Dec. 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:MMVE11 Maresias Fundo De Investimento Imobiliario BSP:MMVE11
30 GF Score
Price R$147.00
! 2 Warning Signs
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What is Maresias Fundo De Investimento Imobiliario Selling, General, & Admin. Expense?

Maresias Fundo De Investimento Imobiliario BSP:MMVE11 30 Selling, General, & Admin. Expense is R$1.31 Mil as of Dec. 2025. GuruFocus rates BSP:MMVE11 with a GF Score™ of 30/100. 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. Maresias Fundo De Investimento Imobiliario's selling, general, & admin. expense for the six months ended in Dec. 2025 was R$1.31 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was R$1.31 Mil.


Maresias Fundo De Investimento Imobiliario  (BSP:MMVE11) 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.


Maresias Fundo De Investimento Imobiliario Selling, General, & Admin. Expense Related Terms


Maresias Fundo De Investimento Imobiliario Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Maresias Fundo De Investimento Imobiliario'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.

Maresias Fundo De Investimento Imobiliario Selling, General, & Admin. Expense Chart

Maresias Fundo De Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
0.00 0.33 0.84 0.28 1.31

Maresias Fundo De Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense 0.00 0.33 0.84 0.28 1.31

BSP:MMVE11 vs VICI, WPC: Selling, General, & Admin. Expense Comparison

For the REIT - Diversified subindustry, Maresias Fundo De Investimento Imobiliario'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.


Maresias Fundo De Investimento Imobiliario Selling, General, & Admin. Expense vs REITs Industry

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

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


BSP:MMVE11
30GF Score
Maresias Fundo De Investimento Imobiliario BSP:MMVE11
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Maresias Fundo De Investimento Imobiliario 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$1.31 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$1.31 Mil mean?
Maresias Fundo De Investimento Imobiliario (BSP:MMVE11) has a Selling, General, & Admin. Expense of R$1.31 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 Maresias Fundo De Investimento Imobiliario and its competitors.
Is Maresias Fundo De Investimento Imobiliario's Selling, General, & Admin. Expense too high?
Maresias Fundo De Investimento Imobiliario's current Selling, General, & Admin. Expense is R$1.31 Mil. Overall, Maresias Fundo De Investimento Imobiliario has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Maresias Fundo De Investimento Imobiliario's Selling, General, & Admin. Expense compare to VICI and WPC?
Maresias Fundo De Investimento Imobiliario's Selling, General, & Admin. Expense of R$1.31 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 Maresias Fundo De Investimento Imobiliario and its competitors. Maresias Fundo De Investimento Imobiliario's current Selling, General, & Admin. Expense is R$1.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maresias Fundo De Investimento Imobiliario stock overvalued right now?
Maresias Fundo De Investimento Imobiliario (BSP:MMVE11) has a current Selling, General, & Admin. Expense of R$1.31 Mil. The current Selling, General, & Admin. Expense is R$1.31 Mil. Maresias Fundo De Investimento Imobiliario's overall GF Score™ is 30/100 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 Maresias Fundo De Investimento Imobiliario (BSP:MMVE11), the current Selling, General, & Admin. Expense is R$1.31 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.

Maresias Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Reboucas - Do 7 ao 12th Floor, Pinheiros, SP, BRA, 5402500
Maresias Fundo De Investimento Imobiliario is a pool of resources in the form of a closed-end fund. The fund's objective is to generate income through the investment of corresponding resources in completed or under-construction real estate, as well as in any real rights over the properties, or through indirect investment in real estate by acquiring real estate assets, and capital gains obtained from the purchase and sale of the properties or real estate assets.
30GF 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.

R$147.00
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