Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Australian Bond Exchange Holdings's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was A$1.63 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$3.78 Mil.
Australian Bond Exchange Holdings (ASX:ABE) 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.
Australian Bond Exchange Holdings Selling, General, & Admin. Expense Related Terms
Australian Bond Exchange Holdings Selling, General, & Admin. Expense Historical Data
* 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.
Australian Bond Exchange Holdings Selling, General, & Admin. Expense Chart
Australian Bond Exchange Holdings Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
Selling, General, & Admin. Expense
0.00
3.66
7.12
6.59
4.20
Australian Bond Exchange Holdings Semi-Annual Data
ASX:ABE vs MS, GS, SCHW: Selling, General, & Admin. Expense Comparison
For the Capital Markets subindustry, Australian Bond Exchange Holdings'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.
Australian Bond Exchange Holdings Selling, General, & Admin. Expense vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Australian Bond Exchange Holdings's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Australian Bond Exchange Holdings's Selling, General, & Admin. Expense falls into.
Australian Bond Exchange Holdings 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 A$3.78 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 A$3.78 Mil mean?
Australian Bond Exchange Holdings (ASX:ABE) has a Selling, General, & Admin. Expense of A$3.78 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 Australian Bond Exchange Holdings and its competitors.
Is Australian Bond Exchange Holdings' Selling, General, & Admin. Expense too high?
Australian Bond Exchange Holdings' current Selling, General, & Admin. Expense is A$3.78 Mil.
How does Australian Bond Exchange Holdings' Selling, General, & Admin. Expense compare to MS and GS?
Australian Bond Exchange Holdings' Selling, General, & Admin. Expense of A$3.78 Mil can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets 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 Australian Bond Exchange Holdings and its competitors. Australian Bond Exchange Holdings's current Selling, General, & Admin. Expense is A$3.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Bond Exchange Holdings stock overvalued right now?
Based on GuruFocus' analysis, Australian Bond Exchange Holdings (ASX:ABE) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.03, compared to a current price of A$0.01 — trading 56.7% below its estimated fair value. The current Selling, General, & Admin. Expense is A$3.78 Mil. 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 Australian Bond Exchange Holdings (ASX:ABE), the current Selling, General, & Admin. Expense is A$3.78 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.
Australian Bond Exchange Holdings Ltd is engaged in provision of financial advice and dealing services in the OTC bond market to funds, ADIs and individuals and advisory services to Australian companies. The company generates revenue from Securities trading; Management fees for managing ACOF, Brokerage on transactions as part of financial advice and dealing services division; and Origination and arranging fees.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:ABE has been successfully added to your 
