Adairs (ASX:ADH) Selling, General, & Admin. Expense: A$84.3 Mil (TTM As of Dec. 2025)

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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.
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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:ADH Adairs Ltd ASX:ADH
80 GF Score
Price A$1.43
GF Value A$2.12
Valuation Possible Value Trap
! 8 Warning Signs
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What is Adairs Selling, General, & Admin. Expense?

Adairs ASX:ADH -0.70% 80 Selling, General, & Admin. Expense is A$84.3 Mil as of Dec. 2025. GuruFocus rates ASX:ADH with a GF Score™ of 80/100 and a GF Value™ of A$2.12 (Possible Value Trap). 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. Adairs's selling, general, & admin. expense for the six months ended in Dec. 2025 was A$17.7 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$84.3 Mil.


Adairs  (ASX:ADH) 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.


Adairs Selling, General, & Admin. Expense Related Terms


Adairs Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Adairs'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.

Adairs Selling, General, & Admin. Expense Chart

Adairs 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 121.49 136.56 142.34 141.91 149.08

Adairs 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 72.26 69.65 82.45 66.64 17.71

ASX:ADH vs CASY, WSM, DKS: Selling, General, & Admin. Expense Comparison

For the Specialty Retail subindustry, Adairs'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.


Adairs Selling, General, & Admin. Expense vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Adairs's Selling, General, & Admin. Expense distribution charts can be found below:

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


ASX:ADH
80GF Score
Adairs Ltd ASX:ADH
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Adairs 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$84.3 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$84.3 Mil mean?
Adairs (ASX:ADH) has a Selling, General, & Admin. Expense of A$84.3 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 Adairs and its competitors.
Is Adairs' Selling, General, & Admin. Expense too high?
Adairs' current Selling, General, & Admin. Expense is A$84.3 Mil. Overall, Adairs has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Adairs' Selling, General, & Admin. Expense compare to CASY and WSM?
Adairs' Selling, General, & Admin. Expense of A$84.3 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Selling, General, & Admin. Expense depends on the Retail - Cyclical 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 Adairs and its competitors. Adairs's current Selling, General, & Admin. Expense is A$84.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adairs stock overvalued right now?
Based on GuruFocus' analysis, Adairs (ASX:ADH) is currently considered Possible Value Trap. The stock's GF Value™ is A$2.12, compared to a current price of A$1.43 — trading 32.8% below its estimated fair value. The current Selling, General, & Admin. Expense is A$84.3 Mil. Adairs' overall GF Score™ is 80/100 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 Adairs (ASX:ADH), the current Selling, General, & Admin. Expense is A$84.3 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 Adairs (ASX:ADH) Overvalued in 2026?

Based on GuruFocus' analysis, Adairs stock appears to be undervalued. The current stock price of A$1.43 is trading 32.8% below its estimated GF Value™ of A$2.12. GuruFocus considers Adairs to be Possible Value Trap.

Key valuation signals for ASX:ADH:

  • Selling, General, & Admin. Expense: A$84.3 Mil
  • GF Value™: A$2.12 vs. price of A$1.43 (32.8% below fair value)
  • GF Score™: 80/100 with 8 warning signs

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


Adairs Business Description

Other Exchanges 1FQ:Germany
Address 1 Middle Road, Level 9, Chadstone, VIC, AUS, 3148
Adairs Ltd is engaged in the retailing of homewares and home furnishings in Australia and New Zealand. The company's product range includes categories, such as quilt covers and coverlets, sheets, cotton flannelette, pillowcases, quilts, pillows, mattress protectors, pillow protectors, blankets, nursery products, valances, bed wraps, bedspreads, and slippers, kids beach products and towels, cushions, throws, gifts and toys, wall arts, rugs, laundry, and home care products, chairs, bedheads, storage and shelves, ottomans and bench seats, and tables, as well as pots and plants, baskets, throws, home decor, and fragrance products, mirrors, lighting products, and tableware and pets products. Its operating segments are Adairs, Focus on Furniture, and Mocka.
80GF Score

Get the complete analysis for ASX:ADH

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

A$1.43
Price
A$2.12
GF Value