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.
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.
Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. TAG Colonia-Immobilien AG's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was €15.2 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €15.2 Mil.
TAG Colonia-Immobilien AG (HAM:KBU) 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.
TAG Colonia-Immobilien AG Selling, General, & Admin. Expense Related Terms
TAG Colonia-Immobilien AG Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for TAG Colonia-Immobilien AG'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.
TAG Colonia-Immobilien AG Selling, General, & Admin. Expense Chart
TAG Colonia-Immobilien AG Selling, General, & Admin. Expense Competitor Comparison
For the Real Estate - Development subindustry, TAG Colonia-Immobilien AG'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.
TAG Colonia-Immobilien AG Selling, General, & Admin. Expense vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TAG Colonia-Immobilien AG's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where TAG Colonia-Immobilien AG's Selling, General, & Admin. Expense falls into.
TAG Colonia-Immobilien AG 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 €15.2 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 €15.2 Mil mean?
TAG Colonia-Immobilien AG (HAM:KBU) has a Selling, General, & Admin. Expense of €15.2 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 TAG Colonia-Immobilien AG and its competitors.
Is TAG Colonia-Immobilien AG's Selling, General, & Admin. Expense too high?
TAG Colonia-Immobilien AG's current Selling, General, & Admin. Expense is €15.2 Mil. Overall, TAG Colonia-Immobilien AG has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TAG Colonia-Immobilien AG's Selling, General, & Admin. Expense compare to competitors?
TAG Colonia-Immobilien AG's Selling, General, & Admin. Expense of €15.2 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate 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 TAG Colonia-Immobilien AG and its competitors. TAG Colonia-Immobilien AG's current Selling, General, & Admin. Expense is €15.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAG Colonia-Immobilien AG stock overvalued right now?
Based on GuruFocus' analysis, TAG Colonia-Immobilien AG (HAM:KBU) is currently considered Modestly Overvalued. The stock's GF Value™ is €4.89, compared to a current price of €5.80 — trading 18.6% above its estimated fair value. The current Selling, General, & Admin. Expense is €15.2 Mil. TAG Colonia-Immobilien AG's overall GF Score™ is 58/100 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 TAG Colonia-Immobilien AG (HAM:KBU), the current Selling, General, & Admin. Expense is €15.2 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 TAG Colonia-Immobilien AG (HAM:KBU) Overvalued in 2026?
Based on GuruFocus' analysis, TAG Colonia-Immobilien AG stock appears to be overvalued.
The current stock price of €5.80 is trading 18.6% above its estimated GF Value™ of €4.89.
GuruFocus considers TAG Colonia-Immobilien AG to be Modestly Overvalued.
Key valuation signals for HAM:KBU:
Selling, General, & Admin. Expense: €15.2 Mil
GF Value™: €4.89 vs. price of €5.80 (18.6% above fair value)
No single metric tells the full story. See the HAM:KBU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TAG Colonia-Immobilien AG is a real estate company focused on the residential property sector. The properties owned by the company and its subsidiaries are spread across various regions in Northern and Eastern Germany and North Rhine-Westphalia. Additionally, it has also expanded operations into Poland, where the business focuses not only on the development and management of a residential property portfolio but also on sales activities. The Group's portfolio comprises several thousand residential units in Germany and Poland, including a small number of commercial units. TAG's business model in Germany consists of a long-term rental business for residential units. Its operating segments are: Rental Germany, which generates the maximum revenue, Rental Poland, Sales Poland, and Others.
58GF Score
Get the complete analysis for HAM:KBU
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:KBU has been successfully added to your 
