Newport Renda Urbana Fundo Investimento Imobiliario (BSP:NEWU11) Selling, General, & Admin. Expense: R$1.48 Mil (TTM As of Dec. 2025)

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:NEWU11 Newport Renda Urbana Fundo Investimento Imobiliario BSP:NEWU11
47 GF Score
Price R$109.00
GF Value R$231.49
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Newport Renda Urbana Fundo Investimento Imobiliario Selling, General, & Admin. Expense?

Newport Renda Urbana Fundo Investimento Imobiliario BSP:NEWU11 -1.54% 47 Selling, General, & Admin. Expense is R$1.48 Mil as of Dec. 2025. GuruFocus rates BSP:NEWU11 with a GF Score™ of 47/100 and a GF Value™ of R$231.49 (Significantly Undervalued). 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. Newport Renda Urbana Fundo Investimento Imobiliario's selling, general, & admin. expense for the six months ended in Dec. 2025 was R$1.48 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was R$1.48 Mil.


Newport Renda Urbana Fundo Investimento Imobiliario  (BSP:NEWU11) 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.


Newport Renda Urbana Fundo Investimento Imobiliario Selling, General, & Admin. Expense Related Terms


Newport Renda Urbana Fundo Investimento Imobiliario Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Newport Renda Urbana Fundo 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.

Newport Renda Urbana Fundo Investimento Imobiliario Selling, General, & Admin. Expense Chart

Newport Renda Urbana Fundo Investimento Imobiliario Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 1.25 1.10 1.75 1.12 1.48

Newport Renda Urbana Fundo Investimento Imobiliario Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense Get a 7-Day Free Trial 1.25 1.10 1.75 1.12 1.48

BSP:NEWU11 vs VICI, WPC: Selling, General, & Admin. Expense Comparison

For the REIT - Diversified subindustry, Newport Renda Urbana Fundo 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.


Newport Renda Urbana Fundo Investimento Imobiliario Selling, General, & Admin. Expense vs REITs Industry

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

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


BSP:NEWU11
47GF Score
Newport Renda Urbana Fundo Investimento Imobiliario BSP:NEWU11
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newport Renda Urbana Fundo 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$1.48 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$1.48 Mil mean?
Newport Renda Urbana Fundo Investimento Imobiliario (BSP:NEWU11) has a Selling, General, & Admin. Expense of R$1.48 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 Newport Renda Urbana Fundo Investimento Imobiliario and its competitors.
Is Newport Renda Urbana Fundo Investimento Imobiliario's Selling, General, & Admin. Expense too high?
Newport Renda Urbana Fundo Investimento Imobiliario's current Selling, General, & Admin. Expense is R$1.48 Mil. Overall, Newport Renda Urbana Fundo Investimento Imobiliario has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Newport Renda Urbana Fundo Investimento Imobiliario's Selling, General, & Admin. Expense compare to VICI and WPC?
Newport Renda Urbana Fundo Investimento Imobiliario's Selling, General, & Admin. Expense of R$1.48 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 Newport Renda Urbana Fundo Investimento Imobiliario and its competitors. Newport Renda Urbana Fundo Investimento Imobiliario's current Selling, General, & Admin. Expense is R$1.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newport Renda Urbana Fundo Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Newport Renda Urbana Fundo Investimento Imobiliario (BSP:NEWU11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$231.49, compared to a current price of R$109.00 — trading 52.9% below its estimated fair value. The current Selling, General, & Admin. Expense is R$1.48 Mil. Newport Renda Urbana Fundo Investimento Imobiliario's overall GF Score™ is 47/100 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 Newport Renda Urbana Fundo Investimento Imobiliario (BSP:NEWU11), the current Selling, General, & Admin. Expense is R$1.48 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.

Is Newport Renda Urbana Fundo Investimento Imobiliario (BSP:NEWU11) Overvalued in 2026?

Based on GuruFocus' analysis, Newport Renda Urbana Fundo Investimento Imobiliario stock appears to be undervalued. The current stock price of R$109.00 is trading 52.9% below its estimated GF Value™ of R$231.49. GuruFocus considers Newport Renda Urbana Fundo Investimento Imobiliario to be Significantly Undervalued.

Key valuation signals for BSP:NEWU11:

  • Selling, General, & Admin. Expense: R$1.48 Mil
  • GF Value™: R$231.49 vs. price of R$109.00 (52.9% below fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the BSP:NEWU11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Newport Renda Urbana Fundo Investimento Imobiliario Business Description

Industry Real EstateREITs
Address PRAIA DE BOTAFOGO, 228 - SALA 907, BOTAFOGO, RIO DE JANEIRO, RJ, BRA, 22250040
Newport Renda Urbana Fundo Investimento Imobiliario is a closed-end fund. The fund's objective is to participate in urban real estate ventures for institutional or commercial use that generate or may generate income through leasing, renting, exploitation of surface rights, or sale, and that meet the Fund's investment policy. The fund will prioritize the acquisition of institutional or commercial real estate ventures that are office floors or buildings, properties occupied by single tenants located in the urban fabric of Brazilian cities, other commercial or institutional properties, as well as the acquisition of any other assets permitted to Real Estate Investment Funds (REITs), in accordance with applicable legislation and regulations.
47GF Score

Get the complete analysis for BSP:NEWU11

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

R$109.00
Price
R$231.49
GF Value