Renova Energia (BSP:RNEW3) Selling, General, & Admin. Expense: R$24.0 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:RNEW3 Renova Energia SA BSP:RNEW3
49 GF Score
Price R$0.78
GF Value R$1.26
Valuation Possible Value Trap
! 3 Warning Signs
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What is Renova Energia Selling, General, & Admin. Expense?

Renova Energia BSP:RNEW3 +2.63% 49 Selling, General, & Admin. Expense is R$24.0 Mil as of Mar. 2026. GuruFocus rates BSP:RNEW3 with a GF Score™ of 49/100 and a GF Value™ of R$1.26 (Possible Value Trap). 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. Renova Energia's selling, general, & admin. expense for the three months ended in Mar. 2026 was R$5.4 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$24.0 Mil.


Renova Energia  (BSP:RNEW3) 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.


Renova Energia Selling, General, & Admin. Expense Related Terms


Renova Energia Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Renova Energia'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.

Renova Energia Selling, General, & Admin. Expense Chart

Renova Energia 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 103.98 36.33 22.70 30.02 23.60

Renova Energia 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 5.00 5.63 7.77 5.20 5.42

Renova Energia Selling, General, & Admin. Expense Competitor Comparison

For the Utilities - Renewable subindustry, Renova Energia'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.


Renova Energia Selling, General, & Admin. Expense vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Selling, General, & Admin. Expense distribution charts can be found below:

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


BSP:RNEW3
49GF Score
Renova Energia SA BSP:RNEW3
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Renova Energia 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$24.0 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$24.0 Mil mean?
Renova Energia (BSP:RNEW3) has a Selling, General, & Admin. Expense of R$24.0 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 Renova Energia and its competitors.
Is Renova Energia's Selling, General, & Admin. Expense too high?
Renova Energia's current Selling, General, & Admin. Expense is R$24.0 Mil. Overall, Renova Energia has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's Selling, General, & Admin. Expense compare to competitors?
Renova Energia's Selling, General, & Admin. Expense of R$24.0 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Selling, General, & Admin. Expense depends on the Utilities - Independent Power Producers 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 Renova Energia and its competitors. Renova Energia's current Selling, General, & Admin. Expense is R$24.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renova Energia stock overvalued right now?
Based on GuruFocus' analysis, Renova Energia (BSP:RNEW3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.26, compared to a current price of R$0.78 — trading 38.1% below its estimated fair value. The current Selling, General, & Admin. Expense is R$24.0 Mil. Renova Energia's overall GF Score™ is 49/100 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 Renova Energia (BSP:RNEW3), the current Selling, General, & Admin. Expense is R$24.0 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 Renova Energia (BSP:RNEW3) Overvalued in 2026?

Based on GuruFocus' analysis, Renova Energia stock appears to be undervalued. The current stock price of R$0.78 is trading 38.1% below its estimated GF Value™ of R$1.26. GuruFocus considers Renova Energia to be Possible Value Trap.

Key valuation signals for BSP:RNEW3:

  • Selling, General, & Admin. Expense: R$24.0 Mil
  • GF Value™: R$1.26 vs. price of R$0.78 (38.1% below fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the BSP:RNEW3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renova Energia Business Description

Other Exchanges RNEW4:Brazil
Address Avenue Das Nacoes Unidas, No. 10,989, 8th floor set 82, Brooklin Paulista, Sao Paulo, SP, BRA
Renova Energia SA is a Brazilian energy company engaged in the development, implementation, and operation of power generation projects from renewable sources - wind and solar, and trading of energy and related activities. The company is generating and trading electric power in all its forms, producing fuel from natural and renewable sources, providing logistics services to environmental advisory firms, and providing advisory services for energy solutions related to the generation, trading, transmission, and other businesses. The company has operating segments, namely: Wind, Solar, Trading, and Administrative. It derives maximum revenue from the Trading segment, which is engaged in energy trading in all its forms and management of the Company's energy purchase and sale contracts.
49GF Score

Get the complete analysis for BSP:RNEW3

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

R$0.78
Price
R$1.26
GF Value