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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Ichigo Hotel REIT Investment's selling, general, & admin. expense for the
six
months ended in Jan. 2026 was 円575 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jan. 2026 was 円1,066 Mil.
Ichigo Hotel REIT Investment (TSE:3463) 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.
Ichigo Hotel REIT Investment Selling, General, & Admin. Expense Related Terms
Ichigo Hotel REIT Investment Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Ichigo Hotel REIT Investment'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.
Ichigo Hotel REIT Investment Selling, General, & Admin. Expense Chart
TSE:3463 vs HST, RHP, APLE: Selling, General, & Admin. Expense Comparison
For the REIT - Hotel & Motel subindustry, Ichigo Hotel REIT Investment'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.
Ichigo Hotel REIT Investment Selling, General, & Admin. Expense vs REITs Industry
For the REITs industry and Real Estate sector, Ichigo Hotel REIT Investment's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Ichigo Hotel REIT Investment's Selling, General, & Admin. Expense falls into.
Ichigo Hotel REIT Investment 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 Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,066 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 円1,066 Mil mean?
Ichigo Hotel REIT Investment (TSE:3463) has a Selling, General, & Admin. Expense of 円1,066 Mil as of Jan. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ichigo Hotel REIT Investment and its competitors.
Is Ichigo Hotel REIT Investment's Selling, General, & Admin. Expense too high?
Ichigo Hotel REIT Investment's current Selling, General, & Admin. Expense is 円1,066 Mil. Overall, Ichigo Hotel REIT Investment has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ichigo Hotel REIT Investment's Selling, General, & Admin. Expense compare to HST and RHP?
Ichigo Hotel REIT Investment's Selling, General, & Admin. Expense of 円1,066 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 Ichigo Hotel REIT Investment and its competitors. Ichigo Hotel REIT Investment's current Selling, General, & Admin. Expense is 円1,066 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichigo Hotel REIT Investment stock overvalued right now?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment (TSE:3463) is currently considered Possible Value Trap. The stock's GF Value™ is 円171,075.91, compared to a current price of 円110,700.00 — trading 35.3% below its estimated fair value. The current Selling, General, & Admin. Expense is 円1,066 Mil. Ichigo Hotel REIT Investment's overall GF Score™ is 63/100 with 6 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 Ichigo Hotel REIT Investment (TSE:3463), the current Selling, General, & Admin. Expense is 円1,066 Mil as of Jan. 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 Ichigo Hotel REIT Investment (TSE:3463) Overvalued in 2026?
Based on GuruFocus' analysis, Ichigo Hotel REIT Investment stock appears to be undervalued.
The current stock price of 円110,700.00 is trading 35.3% below its estimated GF Value™ of 円171,075.91.
GuruFocus considers Ichigo Hotel REIT Investment to be Possible Value Trap.
Key valuation signals for TSE:3463:
Selling, General, & Admin. Expense: 円1,066 Mil
GF Value™: 円171,075.91 vs. price of 円110,700.00 (35.3% below fair value)
No single metric tells the full story. See the TSE:3463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.
63GF Score
Get the complete analysis for TSE:3463
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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