AGESF (Ageas/ NV) Selling, General, & Admin. Expense: $0 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AGESF Ageas SA/ NV AGESF
65 GF Score
Price $79.04
GF Value $66.58
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ageas/ NV Selling, General, & Admin. Expense?

Ageas/ NV AGESF 65 Selling, General, & Admin. Expense is $0 Mil as of Dec. 2025. GuruFocus rates AGESF with a GF Score™ of 65/100 and a GF Value™ of $66.58 (Modestly Overvalued). The stock has 8 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. Ageas/ NV's selling, general, & admin. expense for the six months ended in Dec. 2025 was $0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $0 Mil.


Ageas/ NV  (OTCPK:AGESF) 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.


Ageas/ NV Selling, General, & Admin. Expense Related Terms


Ageas/ NV Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Ageas/ NV'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.

Ageas/ NV Selling, General, & Admin. Expense Chart

Ageas/ NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.78 218.22 0.00 0.00 0.00

Ageas/ NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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

AGESF vs BRK.A, AIG, HIG: Selling, General, & Admin. Expense Comparison

For the Insurance - Diversified subindustry, Ageas/ NV'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.


Ageas/ NV Selling, General, & Admin. Expense vs Insurance Industry

For the Insurance industry and Financial Services sector, Ageas/ NV's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Ageas/ NV's Selling, General, & Admin. Expense falls into.


AGESF
65GF Score
Ageas SA/ NV AGESF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ageas/ NV 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 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 Mil mean?
Ageas/ NV (AGESF) has a Selling, General, & Admin. Expense of $0 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ageas/ NV and its competitors.
Is Ageas/ NV's Selling, General, & Admin. Expense too high?
Ageas/ NV's current Selling, General, & Admin. Expense is $0 Mil. Overall, Ageas/ NV has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ageas/ NV's Selling, General, & Admin. Expense compare to BRK.A and AIG?
Ageas/ NV's Selling, General, & Admin. Expense of $0 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Selling, General, & Admin. Expense depends on the Insurance 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 Ageas/ NV and its competitors. Ageas/ NV's current Selling, General, & Admin. Expense is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ageas/ NV stock overvalued right now?
Based on GuruFocus' analysis, Ageas/ NV (AGESF) is currently considered Modestly Overvalued. The stock's GF Value™ is $66.58, compared to a current price of $79.04 — trading 18.7% above its estimated fair value. The current Selling, General, & Admin. Expense is $0 Mil. Ageas/ NV's overall GF Score™ is 65/100 with 8 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 Ageas/ NV (AGESF), the current Selling, General, & Admin. Expense is $0 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 Ageas/ NV (AGESF) Overvalued in 2026?

Based on GuruFocus' analysis, Ageas/ NV stock appears to be overvalued. The current stock price of $79.04 is trading 18.7% above its estimated GF Value™ of $66.58. GuruFocus considers Ageas/ NV to be Modestly Overvalued.

Key valuation signals for AGESF:

  • Selling, General, & Admin. Expense: $0 Mil
  • GF Value™: $66.58 vs. price of $79.04 (18.7% above fair value)
  • GF Score™: 65/100 with 8 warning signs

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


Ageas/ NV Business Description

Address Avenue Du Boulevard 21, Manhattan Center, Saint-Josse-ten-Noode, Brussels, BEL, 1210
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and overly ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralized debt. As Fortis' capital began to decline, the company initiated a rights issue, and suspended the dividend. As Fortis' share price began to decline and financial market conditions continued to deteriorate, with a series of leadership changes, customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgian government. It also spun off its asset management and insurance units which later became Ageas.
65GF Score

Get the complete analysis for AGESF

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

$79.04
Price
$66.58
GF Value