Bell Equipment (JSE:BEL) Other Operating Expense: R819 Mil (TTM As of Dec. 2025)

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JSE:BEL Bell Equipment Ltd JSE:BEL
76 GF Score
Price R38.64
GF Value R32.30
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Bell Equipment Other Operating Expense?

Bell Equipment JSE:BEL 76 Other Operating Expense is R819 Mil as of Dec. 2025. GuruFocus rates JSE:BEL with a GF Score™ of 76/100 and a GF Value™ of R32.30 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Bell Equipment's Other Operating Expense for the six months ended in Dec. 2025 was R352 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was R819 Mil.

Bell Equipment's quarterly Other Operating Expense increased from Dec. 2024 (R356 Mil) to Jun. 2025 (R467 Mil) but then declined from Jun. 2025 (R467 Mil) to Dec. 2025 (R352 Mil).

Bell Equipment's annual Other Operating Expense increased from Dec. 2023 (R386 Mil) to Dec. 2024 (R605 Mil) and increased from Dec. 2024 (R605 Mil) to Dec. 2025 (R819 Mil).


Bell Equipment Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Bell Equipment'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.

Bell Equipment Other Operating Expense Chart

Bell Equipment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 363.31 399.50 385.66 605.27 818.84

Bell Equipment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 272.07 249.45 355.83 467.21 351.63
JSE:BEL
76GF Score
Bell Equipment Ltd JSE:BEL
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bell Equipment 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R819 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 R819 Mil mean?
Bell Equipment (JSE:BEL) has a Other Operating Expense of R819 Mil as of Dec. 2025. Other operating expenses that a company records on its income statement. View historical data on Bell Equipment and its competitors.
Is Bell Equipment's Other Operating Expense too high?
Bell Equipment's current Other Operating Expense is R819 Mil. Overall, Bell Equipment has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bell Equipment's Other Operating Expense compare to CAT and DE?
Bell Equipment's Other Operating Expense of R819 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Other Operating Expense depends on the Farm & Heavy Construction Machinery 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 Bell Equipment and its competitors. Bell Equipment's current Other Operating Expense is R819 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Equipment stock overvalued right now?
Based on GuruFocus' analysis, Bell Equipment (JSE:BEL) is currently considered Modestly Overvalued. The stock's GF Value™ is R32.30, compared to a current price of R38.64 — trading 19.6% above its estimated fair value. The current Other Operating Expense is R819 Mil. Bell Equipment's overall GF Score™ is 76/100 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 Bell Equipment (JSE:BEL), the current Other Operating Expense is R819 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 Bell Equipment (JSE:BEL) Overvalued in 2026?

Based on GuruFocus' analysis, Bell Equipment stock appears to be overvalued. The current stock price of R38.64 is trading 19.6% above its estimated GF Value™ of R32.30. GuruFocus considers Bell Equipment to be Modestly Overvalued.

Key valuation signals for JSE:BEL:

  • Other Operating Expense: R819 Mil
  • GF Value™: R32.30 vs. price of R38.64 (19.6% above fair value)
  • GF Score™: 76/100 with 4 warning signs

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


Bell Equipment Business Description

Other Exchanges BLLQF:USAB2K:Germany
Address 13 - 19 Carbonode Cell Road, Alton, Richards Bay, ZAF, 3900
Bell Equipment Ltd designs and manufactures a wide Collection of products. This includes a complete range of Bell forestry and agriculture products. It seeks to develop and support local suppliers and invests in outreach initiatives with a focus on education, training, and development both internally and externally. It conducts two main business operations Manufacturing, assembly, logistics and dealer sales operations which is OEM operations comprising manufacturing, assembly and sales of equipment and aftermarket products to independent dealers for their distribution to market; and Direct Sales operations which is owned distribution operations for direct sales of own manufactured products, other third party products and the supply of aftermarket support and products to market.
76GF Score

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

R38.64
Price
R32.30
GF Value