Aveng (JSE:AEG) Research & Development: R0 Mil (TTM As of Dec. 2025)


JSE:AEG Aveng Ltd JSE:AEG
48 GF Score
Price R4.07
GF Value R7.63
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Aveng Research & Development?

Aveng JSE:AEG -1.69% 48 Research & Development is R0 Mil as of Dec. 2025. GuruFocus rates JSE:AEG with a GF Score™ of 48/100 and a GF Value™ of R7.63 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Aveng's Research & Development for the six months ended in Dec. 2025 was R0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was R0 Mil.

Aveng  (JSE:AEG) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Aveng Research & Development Related Terms

Aveng Research & Development Historical Data

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The historical data trend for Aveng's Research & Development 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.

Aveng Research & Development Chart

Aveng Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Research & Development
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Aveng Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development 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
JSE:AEG
48GF Score
Aveng Ltd JSE:AEG
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Aveng Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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 R0 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of R0 Mil mean?
Aveng (JSE:AEG) has a Research & Development of R0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Aveng and its competitors.
Is Aveng's Research & Development too high?
Aveng's current Research & Development is R0 Mil. Overall, Aveng has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aveng's Research & Development compare to PWR and FIX?
Aveng's Research & Development of R0 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Construction company?
A good Research & Development depends on the Construction industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Aveng and its competitors. Aveng's current Research & Development is R0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aveng stock overvalued right now?
Based on GuruFocus' analysis, Aveng (JSE:AEG) is currently considered Significantly Undervalued. The stock's GF Value™ is R7.63, compared to a current price of R4.07 — trading 46.7% below its estimated fair value. The current Research & Development is R0 Mil. Aveng's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Aveng (JSE:AEG), the current Research & Development is R0 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 Aveng (JSE:AEG) Overvalued in 2026?

Based on GuruFocus' analysis, Aveng stock appears to be undervalued. The current stock price of R4.07 is trading 46.7% below its estimated GF Value™ of R7.63. GuruFocus considers Aveng to be Significantly Undervalued.

Key valuation signals for JSE:AEG:

  • Research & Development: R0 Mil
  • GF Value™: R7.63 vs. price of R4.07 (46.7% below fair value)
  • GF Score™: 48/100 with 4 warning signs

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

Aveng Business Description

Other Exchanges UG8K:Germany
Address 2 Merlin Rose Avenue, Parkhaven, Boksburg, GT, ZAF, 1459
Aveng Ltd is in the construction and engineering business. It has the following segments; the Infrastructure segment comprises McConnell Dowell and is divided into Australia, New Zealand and Pacific Islands, and Southeast Asia; the Building segment comprises Built Environs, an infrastructure-led specialist with experience in sport, health and science, defence, education, residential, commercial, retail, industrial, and infrastructure sectors; the Mining segment comprises Moolmans, a tier-one contract mining business operating in Africa with a primary focus on open cast mining; and Aveng Legacy; and the Aveng Corporate segment. It generates the majority of its revenue from the Infrastructure segment.
48GF Score

Get the complete analysis for JSE:AEG

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R4.07
Price
R7.63
GF Value