Adcorp Holdings (JSE:ADR) Other Operating Expense: R1,092 Mil (TTM As of Feb. 2026)

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JSE:ADR Adcorp Holdings Ltd JSE:ADR
60 GF Score
Price R6.30
GF Value R4.60
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Adcorp Holdings Other Operating Expense?

Adcorp Holdings JSE:ADR -2.33% 60 Other Operating Expense is R1,092 Mil as of Feb. 2026. GuruFocus rates JSE:ADR with a GF Score™ of 60/100 and a GF Value™ of R4.60 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Adcorp Holdings's Other Operating Expense for the six months ended in Feb. 2026 was R535 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 was R1,092 Mil.

Adcorp Holdings's quarterly Other Operating Expense increased from Feb. 2025 (R532 Mil) to Aug. 2025 (R558 Mil) but then declined from Aug. 2025 (R558 Mil) to Feb. 2026 (R535 Mil).

Adcorp Holdings's annual Other Operating Expense declined from Feb. 2024 (R1,132 Mil) to Feb. 2025 (R1,122 Mil) and declined from Feb. 2025 (R1,122 Mil) to Feb. 2026 (R1,070 Mil).


Adcorp Holdings Other Operating Expense Historical Data

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The historical data trend for Adcorp Holdings's Other Operating 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.

Adcorp Holdings Other Operating Expense Chart

Adcorp Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,026.82 1,046.46 1,132.36 1,121.68 1,070.09

Adcorp Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Other Operating 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 574.51 611.63 532.47 557.89 534.53
JSE:ADR
60GF Score
Adcorp Holdings Ltd JSE:ADR
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Adcorp Holdings Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,092 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 Other Operating Expense of R1,092 Mil mean?
Adcorp Holdings (JSE:ADR) has a Other Operating Expense of R1,092 Mil as of Feb. 2026. Other operating expenses that a company records on its income statement. View historical data on Adcorp Holdings and its competitors.
Is Adcorp Holdings' Other Operating Expense too high?
Adcorp Holdings' current Other Operating Expense is R1,092 Mil. Overall, Adcorp Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adcorp Holdings' Other Operating Expense compare to KFY and RHI?
Adcorp Holdings' Other Operating Expense of R1,092 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Business Services company?
A good Other Operating Expense depends on the Business Services industry context. However, Other Operating 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Adcorp Holdings and its competitors. Adcorp Holdings's current Other Operating Expense is R1,092 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adcorp Holdings (JSE:ADR) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.60, compared to a current price of R6.30 — trading 37% above its estimated fair value. The current Other Operating Expense is R1,092 Mil. Adcorp Holdings' overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Adcorp Holdings (JSE:ADR), the current Other Operating Expense is R1,092 Mil as of Feb. 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 Adcorp Holdings (JSE:ADR) Overvalued in 2026?

Based on GuruFocus' analysis, Adcorp Holdings stock appears to be overvalued. The current stock price of R6.30 is trading 37% above its estimated GF Value™ of R4.60. GuruFocus considers Adcorp Holdings to be Significantly Overvalued.

Key valuation signals for JSE:ADR:

  • Other Operating Expense: R1,092 Mil
  • GF Value™: R4.60 vs. price of R6.30 (37% above fair value)
  • GF Score™: 60/100 with 4 warning signs

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


Adcorp Holdings Business Description

Address 102 Western Service Road, Adcorp Place, Gallo Manor Ext 6, Johannesburg, GT, ZAF, 2191
Adcorp Holdings Ltd is engaged in providing workplace solutions. The company renders services in the fields of permanent recruitment and flexible staffing sectors, professional IT services, as well as the provision of business process outsourcing, training, and financial services. Its operating segments are Contingent staffing, Professional Services, Business support. and Contingent staffing Australia. The geographical segments are South Africa and International.
60GF Score

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

R6.30
Price
R4.60
GF Value