Dunav Re a.d (XBEL:DNREM) Selling, General, & Admin. Expense: RSD100 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

XBEL:DNREM Dunav Re a.d XBEL:DNREM
68 GF Score
Price RSD7,600.00
GF Value RSD5,137.82
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Dunav Re a.d Selling, General, & Admin. Expense?

Dunav Re a.d XBEL:DNREM 68 Selling, General, & Admin. Expense is RSD100 Mil as of Dec. 2025. GuruFocus rates XBEL:DNREM with a GF Score™ of 68/100 and a GF Value™ of RSD5,137.82 (Significantly Overvalued). The stock has 2 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. Dunav Re a.d's selling, general, & admin. expense for the six months ended in Dec. 2025 was RSD53 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was RSD100 Mil.


Dunav Re a.d  (XBEL:DNREM) 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.


Dunav Re a.d Selling, General, & Admin. Expense Related Terms


Dunav Re a.d Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Dunav Re a.d'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.

Dunav Re a.d Selling, General, & Admin. Expense Chart

Dunav Re a.d 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 13.51 14.50 66.21 87.99 99.85

Dunav Re a.d Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 34.47 40.72 47.27 46.38 53.47

XBEL:DNREM vs RGA, EG, RNR: Selling, General, & Admin. Expense Comparison

For the Insurance - Reinsurance subindustry, Dunav Re a.d'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.


Dunav Re a.d Selling, General, & Admin. Expense vs Insurance Industry

For the Insurance industry and Financial Services sector, Dunav Re a.d's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Dunav Re a.d's Selling, General, & Admin. Expense falls into.


XBEL:DNREM
68GF Score
Dunav Re a.d XBEL:DNREM
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dunav Re a.d 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was RSD100 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 RSD100 Mil mean?
Dunav Re a.d (XBEL:DNREM) has a Selling, General, & Admin. Expense of RSD100 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Dunav Re a.d and its competitors.
Is Dunav Re a.d's Selling, General, & Admin. Expense too high?
Dunav Re a.d's current Selling, General, & Admin. Expense is RSD100 Mil. Overall, Dunav Re a.d has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dunav Re a.d's Selling, General, & Admin. Expense compare to RGA and EG?
Dunav Re a.d's Selling, General, & Admin. Expense of RSD100 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Selling, General, & Admin. Expense depends on the Insurance 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 Dunav Re a.d and its competitors. Dunav Re a.d's current Selling, General, & Admin. Expense is RSD100 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dunav Re a.d stock overvalued right now?
Based on GuruFocus' analysis, Dunav Re a.d (XBEL:DNREM) is currently considered Significantly Overvalued. The stock's GF Value™ is RSD5,137.82, compared to a current price of RSD7,600.00 — trading 47.9% above its estimated fair value. The current Selling, General, & Admin. Expense is RSD100 Mil. Dunav Re a.d's overall GF Score™ is 68/100 with 2 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 Dunav Re a.d (XBEL:DNREM), the current Selling, General, & Admin. Expense is RSD100 Mil as of Dec. 2025. 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 Dunav Re a.d (XBEL:DNREM) Overvalued in 2026?

Based on GuruFocus' analysis, Dunav Re a.d stock appears to be overvalued. The current stock price of RSD7,600.00 is trading 47.9% above its estimated GF Value™ of RSD5,137.82. GuruFocus considers Dunav Re a.d to be Significantly Overvalued.

Key valuation signals for XBEL:DNREM:

  • Selling, General, & Admin. Expense: RSD100 Mil
  • GF Value™: RSD5,137.82 vs. price of RSD7,600.00 (47.9% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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


Dunav Re a.d Business Description

Address Bulevar kralja Aleksandra 18, 1st floor, Beograd, SRB, 11000
Dunav Re a.d is a joint-stock reinsurance company. It provides reinsurance protection. It operates in countries such as Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Turkish part of Cyprus, Germany, Russia, Bulgaria, North Africa (Morocco, Algeria), Asia-Emirates.
68GF Score

Get the complete analysis for XBEL:DNREM

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

RSD7,600.00
Price
RSD5,137.82
GF Value