MRS Logistica (BSP:MRSA3B) Selling, General, & Admin. Expense: R$700 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:MRSA3B MRS Logistica SA BSP:MRSA3B
78 GF Score
Price R$37.66
GF Value R$33.53
Valuation Modestly Overvalued
! 3 Warning Signs
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What is MRS Logistica Selling, General, & Admin. Expense?

MRS Logistica BSP:MRSA3B -2.18% 78 Selling, General, & Admin. Expense is R$700 Mil as of Mar. 2026. GuruFocus rates BSP:MRSA3B with a GF Score™ of 78/100 and a GF Value™ of R$33.53 (Modestly Overvalued). The stock has 3 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. MRS Logistica's selling, general, & admin. expense for the three months ended in Mar. 2026 was R$158 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$700 Mil.


MRS Logistica  (BSP:MRSA3B) 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.


MRS Logistica Selling, General, & Admin. Expense Related Terms


MRS Logistica Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for MRS Logistica'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.

MRS Logistica Selling, General, & Admin. Expense Chart

MRS Logistica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 314.37 401.77 538.60 614.38 689.96

MRS Logistica Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 147.76 162.43 169.63 210.14 157.54

BSP:MRSA3B vs UNP, CSX, NSC: Selling, General, & Admin. Expense Comparison

For the Railroads subindustry, MRS Logistica'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.


MRS Logistica Selling, General, & Admin. Expense vs Transportation Industry

For the Transportation industry and Industrials sector, MRS Logistica's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where MRS Logistica's Selling, General, & Admin. Expense falls into.


BSP:MRSA3B
78GF Score
MRS Logistica SA BSP:MRSA3B
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MRS Logistica 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$700 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$700 Mil mean?
MRS Logistica (BSP:MRSA3B) has a Selling, General, & Admin. Expense of R$700 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 MRS Logistica and its competitors.
Is MRS Logistica's Selling, General, & Admin. Expense too high?
MRS Logistica's current Selling, General, & Admin. Expense is R$700 Mil. Overall, MRS Logistica has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MRS Logistica's Selling, General, & Admin. Expense compare to UNP and CSX?
MRS Logistica's Selling, General, & Admin. Expense of R$700 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Selling, General, & Admin. Expense depends on the Transportation 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 MRS Logistica and its competitors. MRS Logistica's current Selling, General, & Admin. Expense is R$700 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRS Logistica stock overvalued right now?
Based on GuruFocus' analysis, MRS Logistica (BSP:MRSA3B) is currently considered Modestly Overvalued. The stock's GF Value™ is R$33.53, compared to a current price of R$37.66 — trading 12.3% above its estimated fair value. The current Selling, General, & Admin. Expense is R$700 Mil. MRS Logistica's overall GF Score™ is 78/100 with 3 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 MRS Logistica (BSP:MRSA3B), the current Selling, General, & Admin. Expense is R$700 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 MRS Logistica (BSP:MRSA3B) Overvalued in 2026?

Based on GuruFocus' analysis, MRS Logistica stock appears to be overvalued. The current stock price of R$37.66 is trading 12.3% above its estimated GF Value™ of R$33.53. GuruFocus considers MRS Logistica to be Modestly Overvalued.

Key valuation signals for BSP:MRSA3B:

  • Selling, General, & Admin. Expense: R$700 Mil
  • GF Value™: R$33.53 vs. price of R$37.66 (12.3% above fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the BSP:MRSA3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRS Logistica Business Description

Other Exchanges MRSA6B:BrazilMRSA5B:Brazil
Address Praia de Botafogo 228, Sala 1201 E, Rio de Janeiro, RJ, BRA, 22250906
MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.
78GF 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$37.66
Price
R$33.53
GF Value