Retail Estates (LTS:0FSO) Selling, General, & Admin. Expense: €3.7 Mil (TTM As of Mar. 2026)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
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:0FSO Retail Estates SA LTS:0FSO
70 GF Score
Price €72.10
GF Value €67.61
Valuation Fairly Valued
! 8 Warning Signs
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What is Retail Estates Selling, General, & Admin. Expense?

Retail Estates LTS:0FSO 70 Selling, General, & Admin. Expense is €3.7 Mil as of Mar. 2026. GuruFocus rates LTS:0FSO with a GF Score™ of 70/100 and a GF Value™ of €67.61 (Fairly Valued). The stock has 8 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. Retail Estates's selling, general, & admin. expense for the six months ended in Mar. 2026 was €3.2 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €3.7 Mil.


Retail Estates  (LTS:0FSO) 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.


Retail Estates Selling, General, & Admin. Expense Related Terms


Retail Estates Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Retail Estates'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.

Retail Estates Selling, General, & Admin. Expense Chart

Retail Estates Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 4.15 4.22 4.31 3.75

Retail Estates Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.76 0.56 3.74 0.60 3.15

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

For the REIT - Retail subindustry, Retail Estates'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.


Retail Estates Selling, General, & Admin. Expense vs REITs Industry

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

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


LTS:0FSO
70GF Score
Retail Estates SA LTS:0FSO
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Retail Estates 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €3.7 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 €3.7 Mil mean?
Retail Estates (LTS:0FSO) has a Selling, General, & Admin. Expense of €3.7 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Retail Estates and its competitors.
Is Retail Estates' Selling, General, & Admin. Expense too high?
Retail Estates' current Selling, General, & Admin. Expense is €3.7 Mil. Overall, Retail Estates has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Retail Estates' Selling, General, & Admin. Expense compare to SPG and O?
Retail Estates' Selling, General, & Admin. Expense of €3.7 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 Retail Estates and its competitors. Retail Estates's current Selling, General, & Admin. Expense is €3.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Retail Estates stock overvalued right now?
Based on GuruFocus' analysis, Retail Estates (LTS:0FSO) is currently considered Fairly Valued. The stock's GF Value™ is €67.61, compared to a current price of €72.10 — trading 6.6% above its estimated fair value. The current Selling, General, & Admin. Expense is €3.7 Mil. Retail Estates' overall GF Score™ is 70/100 with 8 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 Retail Estates (LTS:0FSO), the current Selling, General, & Admin. Expense is €3.7 Mil as of Mar. 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 Retail Estates (LTS:0FSO) Overvalued in 2026?

Based on GuruFocus' analysis, Retail Estates stock appears to be overvalued. The current stock price of €72.10 is trading 6.6% above its estimated GF Value™ of €67.61. GuruFocus considers Retail Estates to be Fairly Valued.

Key valuation signals for LTS:0FSO:

  • Selling, General, & Admin. Expense: €3.7 Mil
  • GF Value™: €67.61 vs. price of €72.10 (6.6% above fair value)
  • GF Score™: 70/100 with 8 warning signs

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


Retail Estates Business Description

Industry Real EstateREITs
Other Exchanges R6N:GermanyRET:Belgium
Address Industrielaan 6, Ternat, BEL, 1740
Retail Estates SA is a real estate investment trust that invests mainly in retail properties. It is a niche player specialised in making out-of town retail properties located on the periphery of residential areas or along main access roads to urban centres available to users. It has distinguished between two geographical segments: Belgium and the Netherlands. The majority of revenue comes from Belgium.
70GF Score

Get the complete analysis for LTS:0FSO

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

€72.10
Price
€67.61
GF Value