Neoenergia (FRA:2Q40) Selling, General, & Admin. Expense: €153 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:2Q40 Neoenergia SA FRA:2Q40
77 GF Score
Price €19.60
GF Value €13.34
! 9 Warning Signs
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What is Neoenergia Selling, General, & Admin. Expense?

Neoenergia FRA:2Q40 77 Selling, General, & Admin. Expense is €153 Mil as of Jun. 2026. GuruFocus rates FRA:2Q40 with a GF Score™ of 77/100 and a GF Value™ of €13.34. The stock has 9 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. Neoenergia's selling, general, & admin. expense for the three months ended in Jun. 2026 was €42 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €153 Mil.


Neoenergia  (FRA:2Q40) 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.


Neoenergia Selling, General, & Admin. Expense Related Terms


Neoenergia Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Neoenergia'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.

Neoenergia Selling, General, & Admin. Expense Chart

Neoenergia 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 141.79 205.70 216.16 160.13 150.27

Neoenergia Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 44.24 41.94 27.71 41.52 42.01

FRA:2Q40 vs NEE, SO, DUK: Selling, General, & Admin. Expense Comparison

For the Utilities - Regulated Electric subindustry, Neoenergia'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.


Neoenergia Selling, General, & Admin. Expense vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Neoenergia's Selling, General, & Admin. Expense distribution charts can be found below:

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


FRA:2Q40
77GF Score
Neoenergia SA FRA:2Q40
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Neoenergia 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €153 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 €153 Mil mean?
Neoenergia (FRA:2Q40) has a Selling, General, & Admin. Expense of €153 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Neoenergia and its competitors.
Is Neoenergia's Selling, General, & Admin. Expense too high?
Neoenergia's current Selling, General, & Admin. Expense is €153 Mil. Overall, Neoenergia has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Neoenergia's Selling, General, & Admin. Expense compare to NEE and SO?
Neoenergia's Selling, General, & Admin. Expense of €153 Mil can be compared against companies in the Utilities - Regulated 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 - Regulated company?
A good Selling, General, & Admin. Expense depends on the Utilities - Regulated 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 Neoenergia and its competitors. Neoenergia's current Selling, General, & Admin. Expense is €153 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neoenergia stock overvalued right now?
Neoenergia (FRA:2Q40) has a current Selling, General, & Admin. Expense of €153 Mil. The stock's GF Value™ is €13.34, compared to a current price of €19.60 — trading 46.9% above its estimated fair value. The current Selling, General, & Admin. Expense is €153 Mil. Neoenergia's overall GF Score™ is 77/100 with 9 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 Neoenergia (FRA:2Q40), the current Selling, General, & Admin. Expense is €153 Mil as of Jun. 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 Neoenergia (FRA:2Q40) Overvalued in 2026?

Based on GuruFocus' analysis, Neoenergia stock appears to be overvalued. The current stock price of €19.60 is trading 46.9% above its estimated GF Value™ of €13.34.

Key valuation signals for FRA:2Q40:

  • Selling, General, & Admin. Expense: €153 Mil
  • GF Value™: €13.34 vs. price of €19.60 (46.9% above fair value)
  • GF Score™: 77/100 with 9 warning signs

No single metric tells the full story. See the FRA:2Q40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neoenergia Business Description

Other Exchanges NEOE3:Brazil
Address Praia do Flamengo 78, 3rd floor, Flamengo, RJ, BRA
Neoenergia SA is principally dedicated to the activities of distribution, transmission, generation, and commercialization of electricity. The main activities of the operating segments are as follows: (i) Networks - comprising business lines related to concessions for electricity distribution and transmission services; (ii) Renewables - comprising activities related to concessions for electricity generation services from renewable natural sources, such as wind farms, solar farms and hydroelectric plants; (iii) Liberalized - comprising electricity generation activities from thermal power plants and energy trading activities; and (iv) Other - including corporate and operational support activities. The company generates the majority of its revenue from Networks segment.
77GF Score

Get the complete analysis for FRA:2Q40

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

€19.60
Price
€13.34
GF Value