Acorn Capital Investment Fund (ASX:ACQ) Selling, General, & Admin. Expense: A$0.28 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ASX:ACQ Acorn Capital Investment Fund Ltd ASX:ACQ
50 GF Score
Price A$0.87
GF Value A$5.58
Valuation Significantly Undervalued
View Full Analysis

What is Acorn Capital Investment Fund Selling, General, & Admin. Expense?

Acorn Capital Investment Fund ASX:ACQ -0.57% 50 Selling, General, & Admin. Expense is A$0.28 Mil as of Dec. 2025. GuruFocus rates ASX:ACQ with a GF Score™ of 50/100 and a GF Value™ of A$5.58 (Significantly Undervalued).

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Acorn Capital Investment Fund's selling, general, & admin. expense for the six months ended in Dec. 2025 was A$0.08 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.28 Mil.


Acorn Capital Investment Fund  (ASX:ACQ) 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.


Acorn Capital Investment Fund Selling, General, & Admin. Expense Related Terms


Acorn Capital Investment Fund Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Acorn Capital Investment Fund'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.

Acorn Capital Investment Fund Selling, General, & Admin. Expense Chart

Acorn Capital Investment Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.20 0.14 0.14 0.28

Acorn Capital Investment Fund 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 0.07 0.07 0.08 0.20 0.08

ASX:ACQ vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Acorn Capital Investment Fund'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.


Acorn Capital Investment Fund Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Acorn Capital Investment Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Acorn Capital Investment Fund's Selling, General, & Admin. Expense falls into.


ASX:ACQ
50GF Score
Acorn Capital Investment Fund Ltd ASX:ACQ
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acorn Capital Investment Fund 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$0.28 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$0.28 Mil mean?
Acorn Capital Investment Fund (ASX:ACQ) has a Selling, General, & Admin. Expense of A$0.28 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 Acorn Capital Investment Fund and its competitors.
Is Acorn Capital Investment Fund's Selling, General, & Admin. Expense too high?
Acorn Capital Investment Fund's current Selling, General, & Admin. Expense is A$0.28 Mil. Overall, Acorn Capital Investment Fund has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Acorn Capital Investment Fund's Selling, General, & Admin. Expense compare to BLK and BX?
Acorn Capital Investment Fund's Selling, General, & Admin. Expense of A$0.28 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management 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 Acorn Capital Investment Fund and its competitors. Acorn Capital Investment Fund's current Selling, General, & Admin. Expense is A$0.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acorn Capital Investment Fund stock overvalued right now?
Based on GuruFocus' analysis, Acorn Capital Investment Fund (ASX:ACQ) is currently considered Significantly Undervalued. The stock's GF Value™ is A$5.58, compared to a current price of A$0.87 — trading 84.5% below its estimated fair value. The current Selling, General, & Admin. Expense is A$0.28 Mil. Acorn Capital Investment Fund's overall GF Score™ is 50/100. 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 Acorn Capital Investment Fund (ASX:ACQ), the current Selling, General, & Admin. Expense is A$0.28 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 Acorn Capital Investment Fund (ASX:ACQ) Overvalued in 2026?

Based on GuruFocus' analysis, Acorn Capital Investment Fund stock appears to be undervalued. The current stock price of A$0.87 is trading 84.5% below its estimated GF Value™ of A$5.58. GuruFocus considers Acorn Capital Investment Fund to be Significantly Undervalued.

Key valuation signals for ASX:ACQ:

  • Selling, General, & Admin. Expense: A$0.28 Mil
  • GF Value™: A$5.58 vs. price of A$0.87 (84.5% below fair value)
  • GF Score™: 50/100

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


Acorn Capital Investment Fund Business Description

Address C/- Acorn Capital Limited, 2 Russell Street, Level 4, Melbourne, VIC, AUS, 3000
Acorn Capital Investment Fund Ltd is an Australian listed investment company focused on investing in a diversified portfolio of listed and unlisted emerging Australian companies, also known as microcaps. The fund targets small and emerging companies across various sectors including technology, healthcare, consumer discretionary, and industrials. Its revenue is generated prominently in the form of dividends, distributions, and capital gains from its investment portfolio. The company is based in Melbourne, Australia, and manages investments across public and private markets.
50GF Score

Get the complete analysis for ASX:ACQ

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

A$0.87
Price
A$5.58
GF Value