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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Vinci Credit Securities Fundo De Investimento Imobiliario's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was R$0.45 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.45 Mil.
Vinci Credit Securities Fundo De Investimento Imobiliario (BSP:VCRI11) 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.
Vinci Credit Securities Fundo De Investimento Imobiliario Selling, General, & Admin. Expense Related Terms
Vinci Credit Securities Fundo De Investimento Imobiliario Selling, General, & Admin. Expense Historical Data
* 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.
Vinci Credit Securities Fundo De Investimento Imobiliario Selling, General, & Admin. Expense Chart
Vinci Credit Securities Fundo De Investimento Imobiliario Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Selling, General, & Admin. Expense
0.07
1.58
0.37
0.67
0.45
Vinci Credit Securities Fundo De Investimento Imobiliario Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Selling, General, & Admin. Expense
0.07
1.58
0.37
0.67
0.45
BSP:VCRI11 vs BXP, ARE, VNO: Selling, General, & Admin. Expense Comparison
For the REIT - Office subindustry, Vinci Credit Securities Fundo De 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.
Vinci Credit Securities Fundo De Investimento Imobiliario Selling, General, & Admin. Expense vs REITs Industry
Vinci Credit Securities Fundo De 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$0.45 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$0.45 Mil mean?
Vinci Credit Securities Fundo De Investimento Imobiliario (BSP:VCRI11) has a Selling, General, & Admin. Expense of R$0.45 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 Vinci Credit Securities Fundo De Investimento Imobiliario and its competitors.
Is Vinci Credit Securities Fundo De Investimento Imobiliario's Selling, General, & Admin. Expense too high?
Vinci Credit Securities Fundo De Investimento Imobiliario's current Selling, General, & Admin. Expense is R$0.45 Mil. Overall, Vinci Credit Securities Fundo De 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 Vinci Credit Securities Fundo De Investimento Imobiliario's Selling, General, & Admin. Expense compare to BXP and ARE?
Vinci Credit Securities Fundo De Investimento Imobiliario's Selling, General, & Admin. Expense of R$0.45 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 Vinci Credit Securities Fundo De Investimento Imobiliario and its competitors. Vinci Credit Securities Fundo De Investimento Imobiliario's current Selling, General, & Admin. Expense is R$0.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinci Credit Securities Fundo De Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Vinci Credit Securities Fundo De Investimento Imobiliario (BSP:VCRI11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$13.05, compared to a current price of R$7.26 — trading 44.4% below its estimated fair value. The current Selling, General, & Admin. Expense is R$0.45 Mil. Vinci Credit Securities Fundo De Investimento Imobiliario's overall GF Score™ is 47/100 with 1 warning sign 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 Vinci Credit Securities Fundo De Investimento Imobiliario (BSP:VCRI11), the current Selling, General, & Admin. Expense is R$0.45 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 Vinci Credit Securities Fundo De Investimento Imobiliario (BSP:VCRI11) Overvalued in 2026?
Based on GuruFocus' analysis, Vinci Credit Securities Fundo De Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$7.26 is trading 44.4% below its estimated GF Value™ of R$13.05.
GuruFocus considers Vinci Credit Securities Fundo De Investimento Imobiliario to be Significantly Undervalued.
Key valuation signals for BSP:VCRI11:
Selling, General, & Admin. Expense: R$0.45 Mil
GF Value™: R$13.05 vs. price of R$7.26 (44.4% below fair value)
No single metric tells the full story. See the BSP:VCRI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vinci Credit Securities Fundo De Investimento Imobiliario Business Description
Vinci Credit Securities Fundo De Investimento Imobiliario is a real estate investment fund. The fund's objective is to obtain income by investing its net worth in real estate receivables certificates; real estate credit notes; secured real estate notes; mortgage notes; debentures; units of credit rights investment funds; units of real estate investment funds; and other financial assets, securities and other negotiable instruments.
47GF Score
Get the complete analysis for BSP:VCRI11
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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