MRV Engenharia e Participacoes (BSP:MRVE3) Selling, General, & Admin. Expense: R$1,000 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:MRVE3 MRV Engenharia e Participacoes SA BSP:MRVE3
54 GF Score
Price R$4.46
GF Value R$9.82
Valuation Possible Value Trap
! 5 Warning Signs
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What is MRV Engenharia e Participacoes Selling, General, & Admin. Expense?

MRV Engenharia e Participacoes BSP:MRVE3 -2.41% 54 Selling, General, & Admin. Expense is R$1,000 Mil as of Mar. 2026. GuruFocus rates BSP:MRVE3 with a GF Score™ of 54/100 and a GF Value™ of R$9.82 (Possible Value Trap). The stock has 5 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. MRV Engenharia e Participacoes's selling, general, & admin. expense for the three months ended in Mar. 2026 was R$266 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$1,000 Mil.


MRV Engenharia e Participacoes  (BSP:MRVE3) 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.


MRV Engenharia e Participacoes Selling, General, & Admin. Expense Related Terms


MRV Engenharia e Participacoes Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for MRV Engenharia e Participacoes'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.

MRV Engenharia e Participacoes Selling, General, & Admin. Expense Chart

MRV Engenharia e Participacoes 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 624.86 658.86 760.88 890.93 1,010.11

MRV Engenharia e Participacoes 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 269.69 264.30 263.19 206.01 266.42

MRV Engenharia e Participacoes Selling, General, & Admin. Expense Competitor Comparison

For the Real Estate - Development subindustry, MRV Engenharia e Participacoes'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.


MRV Engenharia e Participacoes Selling, General, & Admin. Expense vs Real Estate Industry

For the Real Estate industry and Real Estate sector, MRV Engenharia e Participacoes's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where MRV Engenharia e Participacoes's Selling, General, & Admin. Expense falls into.


BSP:MRVE3
54GF Score
MRV Engenharia e Participacoes SA BSP:MRVE3
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MRV Engenharia e Participacoes 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$1,000 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$1,000 Mil mean?
MRV Engenharia e Participacoes (BSP:MRVE3) has a Selling, General, & Admin. Expense of R$1,000 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 MRV Engenharia e Participacoes and its competitors.
Is MRV Engenharia e Participacoes' Selling, General, & Admin. Expense too high?
MRV Engenharia e Participacoes' current Selling, General, & Admin. Expense is R$1,000 Mil. Overall, MRV Engenharia e Participacoes has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MRV Engenharia e Participacoes' Selling, General, & Admin. Expense compare to competitors?
MRV Engenharia e Participacoes' Selling, General, & Admin. Expense of R$1,000 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate 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 MRV Engenharia e Participacoes and its competitors. MRV Engenharia e Participacoes's current Selling, General, & Admin. Expense is R$1,000 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRV Engenharia e Participacoes stock overvalued right now?
Based on GuruFocus' analysis, MRV Engenharia e Participacoes (BSP:MRVE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.82, compared to a current price of R$4.46 — trading 54.6% below its estimated fair value. The current Selling, General, & Admin. Expense is R$1,000 Mil. MRV Engenharia e Participacoes' overall GF Score™ is 54/100 with 5 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 MRV Engenharia e Participacoes (BSP:MRVE3), the current Selling, General, & Admin. Expense is R$1,000 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 MRV Engenharia e Participacoes (BSP:MRVE3) Overvalued in 2026?

Based on GuruFocus' analysis, MRV Engenharia e Participacoes stock appears to be undervalued. The current stock price of R$4.46 is trading 54.6% below its estimated GF Value™ of R$9.82. GuruFocus considers MRV Engenharia e Participacoes to be Possible Value Trap.

Key valuation signals for BSP:MRVE3:

  • Selling, General, & Admin. Expense: R$1,000 Mil
  • GF Value™: R$9.82 vs. price of R$4.46 (54.6% below fair value)
  • GF Score™: 54/100 with 5 warning signs

No single metric tells the full story. See the BSP:MRVE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRV Engenharia e Participacoes Business Description

Address 621 Professor Mario Werneck Avenida, Estoril, 1st Floor, Belo Horizonte, MG, BRA, 30455-610
MRV Engenharia e Participacoes SA is engaged in the management of own and third-party assets, development, construction and sale of Company-owned or third-party real estate, the provision of technical engineering services related to the functions of the technicians in charge, real estate consultancy services, dealing service of goods and services supply in residential real estate segment and holding equity interests in other companies as a shareholder. Real estate development and the construction of real estate are performed directly by the Company or other business partners. The operating segments of the company are Real estate development, Luggo, Resia and Land development. With the majority of revenue is from Real estate development.
54GF Score

Get the complete analysis for BSP:MRVE3

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

R$4.46
Price
R$9.82
GF Value