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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. New England Realty Associates LP's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was $1.85 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $5.43 Mil.
New England Realty Associates LP (AMEX:NEN) 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.
New England Realty Associates LP Selling, General, & Admin. Expense Related Terms
New England Realty Associates LP Selling, General, & Admin. Expense Historical Data
* 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.
New England Realty Associates LP Selling, General, & Admin. Expense Chart
NEN vs RMAX, DOUG, CHCI: Selling, General, & Admin. Expense Comparison
For the Real Estate Services subindustry, New England Realty Associates LP'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.
New England Realty Associates LP Selling, General, & Admin. Expense vs Real Estate Industry
For the Real Estate industry and Real Estate sector, New England Realty Associates LP's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where New England Realty Associates LP's Selling, General, & Admin. Expense falls into.
New England Realty Associates LP 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 quarterly data reported by the company within the most recent 12 months, which was $5.43 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 $5.43 Mil mean?
New England Realty Associates LP (NEN) has a Selling, General, & Admin. Expense of $5.43 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 New England Realty Associates LP and its competitors.
Is New England Realty Associates LP's Selling, General, & Admin. Expense too high?
New England Realty Associates LP's current Selling, General, & Admin. Expense is $5.43 Mil. Overall, New England Realty Associates LP has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New England Realty Associates LP's Selling, General, & Admin. Expense compare to RMAX and DOUG?
New England Realty Associates LP's Selling, General, & Admin. Expense of $5.43 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 New England Realty Associates LP and its competitors. New England Realty Associates LP's current Selling, General, & Admin. Expense is $5.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New England Realty Associates LP stock overvalued right now?
Based on GuruFocus' analysis, New England Realty Associates LP (NEN) is currently considered Possible Value Trap. The stock's GF Value™ is $92.11, compared to a current price of $56.50 — trading 38.7% below its estimated fair value. The current Selling, General, & Admin. Expense is $5.43 Mil. New England Realty Associates LP's overall GF Score™ is 61/100 with 5 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 New England Realty Associates LP (NEN), the current Selling, General, & Admin. Expense is $5.43 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 New England Realty Associates LP (NEN) Overvalued in 2026?
Based on GuruFocus' analysis, New England Realty Associates LP stock appears to be undervalued.
The current stock price of $56.50 is trading 38.7% below its estimated GF Value™ of $92.11.
GuruFocus considers New England Realty Associates LP to be Possible Value Trap.
Key valuation signals for NEN:
Selling, General, & Admin. Expense: $5.43 Mil
GF Value™: $92.11 vs. price of $56.50 (38.7% below fair value)
No single metric tells the full story. See the NEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New England Realty Associates LP Business Description
New England Realty Associates LP is engaged in the business of acquiring, developing, holding for investment, operating, and selling real estate. The Partnership owns and operates various residential apartments, condominium units, and commercial properties located in Massachusetts and New Hampshire. The company generates revenue from rental income from residential and commercial properties recognized over the term of the related lease. The long-term goals of the Partnership are to manage, rent, and improve its properties and to acquire additional properties with income and capital appreciation potential as suitable opportunities arise.
61GF 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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