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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. TLG Immobilien AG's selling, general, & admin. expense for the
six
months ended in Dec. 2024 was €2.7 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2024 was €2.7 Mil.
TLG Immobilien AG (HAM:TLG) 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.
TLG Immobilien AG Selling, General, & Admin. Expense Related Terms
TLG Immobilien AG Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for TLG 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.
TLG Immobilien AG Selling, General, & Admin. Expense Chart
HAM:TLG vs CBRE, BEKE, JLL: Selling, General, & Admin. Expense Comparison
For the Real Estate Services subindustry, TLG 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.
TLG Immobilien AG Selling, General, & Admin. Expense vs Real Estate Industry
For the Real Estate industry and Real Estate sector, TLG Immobilien AG's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where TLG Immobilien AG's Selling, General, & Admin. Expense falls into.
TLG 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. 2024 was €2.7 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 €2.7 Mil mean?
TLG Immobilien AG (HAM:TLG) has a Selling, General, & Admin. Expense of €2.7 Mil as of Dec. 2024. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on TLG Immobilien AG and its competitors.
Is TLG Immobilien AG's Selling, General, & Admin. Expense too high?
TLG Immobilien AG's current Selling, General, & Admin. Expense is €2.7 Mil. Overall, TLG Immobilien AG has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TLG Immobilien AG's Selling, General, & Admin. Expense compare to CBRE and BEKE?
TLG Immobilien AG's Selling, General, & Admin. Expense of €2.7 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 TLG Immobilien AG and its competitors. TLG Immobilien AG's current Selling, General, & Admin. Expense is €2.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TLG Immobilien AG stock overvalued right now?
Based on GuruFocus' analysis, TLG Immobilien AG (HAM:TLG) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.06, compared to a current price of €11.80 — trading 17.3% above its estimated fair value. The current Selling, General, & Admin. Expense is €2.7 Mil. TLG Immobilien AG's overall GF Score™ is 65/100 with 7 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 TLG Immobilien AG (HAM:TLG), the current Selling, General, & Admin. Expense is €2.7 Mil as of Dec. 2024. 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 TLG Immobilien AG (HAM:TLG) Overvalued in 2026?
Based on GuruFocus' analysis, TLG Immobilien AG stock appears to be overvalued.
The current stock price of €11.80 is trading 17.3% above its estimated GF Value™ of €10.06.
GuruFocus considers TLG Immobilien AG to be Modestly Overvalued.
Key valuation signals for HAM:TLG:
Selling, General, & Admin. Expense: €2.7 Mil
GF Value™: €10.06 vs. price of €11.80 (17.3% above fair value)
No single metric tells the full story. See the HAM:TLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TLG Immobilien AG is a commercial real estate company that focuses on the Berlin and eastern Germany regions of the Baltic coast and the Middle Germany core region. The company manages a portfolio of commercial properties mainly for office and retail uses. In addition, TLG Immobilien owns and operates several hotel properties that are located in Berlin, Dresden, Leipzig, and Rostock. The company provides property management, letting, sales, and purchases services. The majority of the group's revenue comes from rental and letting activities.
65GF Score
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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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