Bulgarian Real Estate Fund REIT (XBUL:BREF) Selling, General, & Admin. Expense: €0.00 Mil (TTM As of Mar. 2026)

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Founder & CEO of GuruFocus
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XBUL:BREF Bulgarian Real Estate Fund REIT XBUL:BREF
74 GF Score
Price €2.59
GF Value €15.88
Valuation Possible Value Trap
! 4 Warning Signs
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What is Bulgarian Real Estate Fund REIT Selling, General, & Admin. Expense?

Bulgarian Real Estate Fund REIT XBUL:BREF +1.97% 74 Selling, General, & Admin. Expense is €0.00 Mil as of Mar. 2026. GuruFocus rates XBUL:BREF with a GF Score™ of 74/100 and a GF Value™ of €15.88 (Possible Value Trap). The stock has 4 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. Bulgarian Real Estate Fund REIT's selling, general, & admin. expense for the three months ended in Mar. 2026 was €0.00 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €0.00 Mil.


Bulgarian Real Estate Fund REIT  (XBUL:BREF) 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.


Bulgarian Real Estate Fund REIT Selling, General, & Admin. Expense Related Terms


Bulgarian Real Estate Fund REIT Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Bulgarian Real Estate Fund REIT'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.

Bulgarian Real Estate Fund REIT Selling, General, & Admin. Expense Chart

Bulgarian Real Estate Fund REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.04 0.05 0.06

Bulgarian Real Estate Fund REIT Quarterly Data
Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 0.00 0.00 0.00

XBUL:BREF vs VICI, WPC: Selling, General, & Admin. Expense Comparison

For the REIT - Diversified subindustry, Bulgarian Real Estate Fund REIT'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.


Bulgarian Real Estate Fund REIT Selling, General, & Admin. Expense vs REITs Industry

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

* The bar in red indicates where Bulgarian Real Estate Fund REIT's Selling, General, & Admin. Expense falls into.


XBUL:BREF
74GF Score
Bulgarian Real Estate Fund REIT XBUL:BREF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bulgarian Real Estate Fund REIT 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 €0.00 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 €0.00 Mil mean?
Bulgarian Real Estate Fund REIT (XBUL:BREF) has a Selling, General, & Admin. Expense of €0.00 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 Bulgarian Real Estate Fund REIT and its competitors.
Is Bulgarian Real Estate Fund REIT's Selling, General, & Admin. Expense too high?
Bulgarian Real Estate Fund REIT's current Selling, General, & Admin. Expense is €0.00 Mil. Overall, Bulgarian Real Estate Fund REIT has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Real Estate Fund REIT's Selling, General, & Admin. Expense compare to VICI and WPC?
Bulgarian Real Estate Fund REIT's Selling, General, & Admin. Expense of €0.00 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 Bulgarian Real Estate Fund REIT and its competitors. Bulgarian Real Estate Fund REIT's current Selling, General, & Admin. Expense is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Real Estate Fund REIT stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT (XBUL:BREF) is currently considered Possible Value Trap. The stock's GF Value™ is €15.88, compared to a current price of €2.59 — trading 83.7% below its estimated fair value. The current Selling, General, & Admin. Expense is €0.00 Mil. Bulgarian Real Estate Fund REIT's overall GF Score™ is 74/100 with 4 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 Bulgarian Real Estate Fund REIT (XBUL:BREF), the current Selling, General, & Admin. Expense is €0.00 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 Bulgarian Real Estate Fund REIT (XBUL:BREF) Overvalued in 2026?

Based on GuruFocus' analysis, Bulgarian Real Estate Fund REIT stock appears to be undervalued. The current stock price of €2.59 is trading 83.7% below its estimated GF Value™ of €15.88. GuruFocus considers Bulgarian Real Estate Fund REIT to be Possible Value Trap.

Key valuation signals for XBUL:BREF:

  • Selling, General, & Admin. Expense: €0.00 Mil
  • GF Value™: €15.88 vs. price of €2.59 (83.7% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Bulgarian Real Estate Fund REIT Business Description

Industry Real EstateREITs
Address 111 R Tsarigradsko shose Boulevard, Floor 16, Sofia, BGR, 1784
Bulgarian Real Estate Fund REIT is a special investment purpose joint-stock entity seated in the Republic of Bulgaria. The main activity of the fund is investing the cash funds raised through securities issuance in real property /securitization of real property/ through the purchase of ownership rights and other real rights over real property, carrying out construction and improvements therein for the purpose of making it available for management, renting, leasing and/or sale. Its investment objective is to achieve capital appreciation by means of diversified investments in business buildings, residential and other high-class properties, retail premises and agricultural land on the territory of Bulgaria.
74GF Score

Get the complete analysis for XBUL:BREF

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

€2.59
Price
€15.88
GF Value