Vastned NV (LTS:0ET5) Selling, General, & Admin. Expense: €4.88 Mil (TTM As of Jun. 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.

LTS:0ET5 Vastned NV LTS:0ET5
63 GF Score
Price €28.50
GF Value €29.31
Valuation Fairly Valued
! 9 Warning Signs
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What is Vastned NV Selling, General, & Admin. Expense?

Vastned NV LTS:0ET5 +0.35% 63 Selling, General, & Admin. Expense is €4.88 Mil as of Jun. 2026. GuruFocus rates LTS:0ET5 with a GF Score™ of 63/100 and a GF Value™ of €29.31 (Fairly Valued). 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. Vastned NV's selling, general, & admin. expense for the six months ended in Jun. 2026 was €2.34 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €4.88 Mil.


Vastned NV  (LTS:0ET5) 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.


Vastned NV Selling, General, & Admin. Expense Related Terms


Vastned NV Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Vastned NV'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.

Vastned NV Selling, General, & Admin. Expense Chart

Vastned NV 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 0.23 0.49 0.50 1.21 4.90

Vastned NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.54 0.66 2.36 2.55 2.34

LTS:0ET5 vs SPG, O, KIM: Selling, General, & Admin. Expense Comparison

For the REIT - Retail subindustry, Vastned NV'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.


Vastned NV Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Vastned NV's Selling, General, & Admin. Expense distribution charts can be found below:

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


LTS:0ET5
63GF Score
Vastned NV LTS:0ET5
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Vastned NV 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 semi-annually data reported by the company within the most recent 12 months, which was €4.88 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 €4.88 Mil mean?
Vastned NV (LTS:0ET5) has a Selling, General, & Admin. Expense of €4.88 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 Vastned NV and its competitors.
Is Vastned NV's Selling, General, & Admin. Expense too high?
Vastned NV's current Selling, General, & Admin. Expense is €4.88 Mil. Overall, Vastned NV has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vastned NV's Selling, General, & Admin. Expense compare to SPG and O?
Vastned NV's Selling, General, & Admin. Expense of €4.88 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 Vastned NV and its competitors. Vastned NV's current Selling, General, & Admin. Expense is €4.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vastned NV stock overvalued right now?
Based on GuruFocus' analysis, Vastned NV (LTS:0ET5) is currently considered Fairly Valued. The stock's GF Value™ is €29.31, compared to a current price of €28.50 — trading 2.8% below its estimated fair value. The current Selling, General, & Admin. Expense is €4.88 Mil. Vastned NV's overall GF Score™ is 63/100 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 Vastned NV (LTS:0ET5), the current Selling, General, & Admin. Expense is €4.88 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 Vastned NV (LTS:0ET5) Overvalued in 2026?

Based on GuruFocus' analysis, Vastned NV stock appears to be undervalued. The current stock price of €28.50 is trading 2.8% below its estimated GF Value™ of €29.31. GuruFocus considers Vastned NV to be Fairly Valued.

Key valuation signals for LTS:0ET5:

  • Selling, General, & Admin. Expense: €4.88 Mil
  • GF Value™: €29.31 vs. price of €28.50 (2.8% below fair value)
  • GF Score™: 63/100 with 9 warning signs

No single metric tells the full story. See the LTS:0ET5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vastned NV Business Description

Industry Real EstateREITs
Other Exchanges VASTB:Belgium
Address Generaal Lemanstraat 61, Antwerp, BEL, 2018
Vastned NV, formerly Vastned Belgium is a Belgium-based property investment company. Principally, it invests in Belgian commercial real estate, prime retail properties located on the shopping streets in the cities of Antwerp, Brussels, Ghent and Bruges, inner-city shops, high-end retail parks and retail warehouses.
63GF Score

Get the complete analysis for LTS:0ET5

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

€28.50
Price
€29.31
GF Value