Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) Selling, General, & Admin. Expense: R$4.4 Mil (TTM As of Dec. 2025)

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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.
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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:PMLL11 Patria Malls Fundo de Investimento Imobiliario Responsabilidade Ltd BSP:PMLL11
80 GF Score
Price R$100.93
GF Value R$125.97
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Patria Malls Fundo de Investimento Imobiliario Responsabilidade Selling, General, & Admin. Expense?

Patria Malls Fundo de Investimento Imobiliario Responsabilidade BSP:PMLL11 +0.33% 80 Selling, General, & Admin. Expense is R$4.4 Mil as of Dec. 2025. GuruFocus rates BSP:PMLL11 with a GF Score™ of 80/100 and a GF Value™ of R$125.97 (Modestly Undervalued). 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. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's selling, general, & admin. expense for the six months ended in Dec. 2025 was R$4.4 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was R$4.4 Mil.


Patria Malls Fundo de Investimento Imobiliario Responsabilidade  (BSP:PMLL11) 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.


Patria Malls Fundo de Investimento Imobiliario Responsabilidade Selling, General, & Admin. Expense Related Terms


Patria Malls Fundo de Investimento Imobiliario Responsabilidade Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Patria Malls Fundo de Investimento Imobiliario Responsabilidade'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.

Patria Malls Fundo de Investimento Imobiliario Responsabilidade Selling, General, & Admin. Expense Chart

Patria Malls Fundo de Investimento Imobiliario Responsabilidade Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only 3.89 0.32 0.44 7.36 4.35

Patria Malls Fundo de Investimento Imobiliario Responsabilidade Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only 3.89 0.32 0.44 7.36 4.35

BSP:PMLL11 vs SPG, O, KIM: Selling, General, & Admin. Expense Comparison

For the REIT - Retail subindustry, Patria Malls Fundo de Investimento Imobiliario Responsabilidade'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.


Patria Malls Fundo de Investimento Imobiliario Responsabilidade Selling, General, & Admin. Expense vs REITs Industry

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

* The bar in red indicates where Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Selling, General, & Admin. Expense falls into.


BSP:PMLL11
80GF Score
Patria Malls Fundo de Investimento Imobiliario Responsabilidade Ltd BSP:PMLL11
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Patria Malls Fundo de Investimento Imobiliario Responsabilidade 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$4.4 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$4.4 Mil mean?
Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) has a Selling, General, & Admin. Expense of R$4.4 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade and its competitors.
Is Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Selling, General, & Admin. Expense too high?
Patria Malls Fundo de Investimento Imobiliario Responsabilidade's current Selling, General, & Admin. Expense is R$4.4 Mil. Overall, Patria Malls Fundo de Investimento Imobiliario Responsabilidade has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Selling, General, & Admin. Expense compare to SPG and O?
Patria Malls Fundo de Investimento Imobiliario Responsabilidade's Selling, General, & Admin. Expense of R$4.4 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade and its competitors. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's current Selling, General, & Admin. Expense is R$4.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patria Malls Fundo de Investimento Imobiliario Responsabilidade stock overvalued right now?
Based on GuruFocus' analysis, Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$125.97, compared to a current price of R$100.93 — trading 19.9% below its estimated fair value. The current Selling, General, & Admin. Expense is R$4.4 Mil. Patria Malls Fundo de Investimento Imobiliario Responsabilidade's overall GF Score™ is 80/100 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11), the current Selling, General, & Admin. Expense is R$4.4 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 Patria Malls Fundo de Investimento Imobiliario Responsabilidade (BSP:PMLL11) Overvalued in 2026?

Based on GuruFocus' analysis, Patria Malls Fundo de Investimento Imobiliario Responsabilidade stock appears to be undervalued. The current stock price of R$100.93 is trading 19.9% below its estimated GF Value™ of R$125.97. GuruFocus considers Patria Malls Fundo de Investimento Imobiliario Responsabilidade to be Modestly Undervalued.

Key valuation signals for BSP:PMLL11:

  • Selling, General, & Admin. Expense: R$4.4 Mil
  • GF Value™: R$125.97 vs. price of R$100.93 (19.9% below fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the BSP:PMLL11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patria Malls Fundo de Investimento Imobiliario Responsabilidade Business Description

Industry Real EstateREITs
Address Rua Candelaria, 65, Salas 1701 e 1702-Centro, Rio de Janeiro, RJ, BRA, 20091-020
Patria Malls Fundo de Investimento Imobiliario Responsabilidade Ltd Formerly Malls Brasil Fundo Investimento Imobiliario, formerly Malls Brasil Plural Fundo De Investimento Imobiliario is a Brazalian real estate investment firm. The company is engaged in investing in malls and shopping centres including Maceio Shopping.
80GF Score

Get the complete analysis for BSP:PMLL11

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

R$100.93
Price
R$125.97
GF Value