The a2 Milk Co (ASX:A2M) General and Admin. Expense: A$242 Mil (TTM As of Dec. 2025)


ASX:A2M The a2 Milk Co Ltd ASX:A2M
82 GF Score
Price A$7.48
GF Value A$6.67
Valuation Modestly Overvalued
! 3 Warning Signs
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What is The a2 Milk Co General and Admin. Expense?

The a2 Milk Co ASX:A2M +0.40% 82 General and Admin. Expense is A$242 Mil as of Dec. 2025. GuruFocus rates ASX:A2M with a GF Score™ of 82/100 and a GF Value™ of A$6.67 (Modestly Overvalued). The stock has 3 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. The a2 Milk Co's General and Admin. Expense for the six months ended in Dec. 2025 was A$121 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$242 Mil.


The a2 Milk Co General and Admin. Expense Related Terms


The a2 Milk Co General and Admin. Expense Historical Data

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The historical data trend for The a2 Milk Co's General and 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.

The a2 Milk Co General and Admin. Expense Chart

The a2 Milk Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.90 95.11 209.02 218.40 235.61

The a2 Milk Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
General and 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 105.21 113.77 112.74 120.45 121.45
ASX:A2M
82GF Score
The a2 Milk Co Ltd ASX:A2M
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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The a2 Milk Co General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and 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 A$242 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 General and Admin. Expense of A$242 Mil mean?
The a2 Milk Co (ASX:A2M) has a General and Admin. Expense of A$242 Mil as of Dec. 2025. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on The a2 Milk Co and its competitors.
Is The a2 Milk Co's General and Admin. Expense too high?
The a2 Milk Co's current General and Admin. Expense is A$242 Mil. Overall, The a2 Milk Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The a2 Milk Co's General and Admin. Expense compare to KHC and GIS?
The a2 Milk Co's General and Admin. Expense of A$242 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for a Consumer Packaged Goods company?
A good General and Admin. Expense depends on the Consumer Packaged Goods industry context. However, General and 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 General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on The a2 Milk Co and its competitors. The a2 Milk Co's current General and Admin. Expense is A$242 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The a2 Milk Co stock overvalued right now?
Based on GuruFocus' analysis, The a2 Milk Co (ASX:A2M) is currently considered Modestly Overvalued. The stock's GF Value™ is A$6.67, compared to a current price of A$7.48 — trading 12.1% above its estimated fair value. The current General and Admin. Expense is A$242 Mil. The a2 Milk Co's overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For The a2 Milk Co (ASX:A2M), the current General and Admin. Expense is A$242 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 The a2 Milk Co (ASX:A2M) Overvalued in 2026?

Based on GuruFocus' analysis, The a2 Milk Co stock appears to be overvalued. The current stock price of A$7.48 is trading 12.1% above its estimated GF Value™ of A$6.67. GuruFocus considers The a2 Milk Co to be Modestly Overvalued.

Key valuation signals for ASX:A2M:

  • General and Admin. Expense: A$242 Mil
  • GF Value™: A$6.67 vs. price of A$7.48 (12.1% above fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the ASX:A2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The a2 Milk Co Business Description

Address 51 Shortland Street, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.
82GF Score

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

A$7.48
Price
A$6.67
GF Value