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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Bega Cheese's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was A$345 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$682 Mil.
Bega Cheese (ASX:BGA) 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.
Bega Cheese Selling, General, & Admin. Expense Related Terms
Bega Cheese Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Bega Cheese'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.
Bega Cheese Selling, General, & Admin. Expense Chart
ASX:BGA vs KHC, GIS: Selling, General, & Admin. Expense Comparison
For the Packaged Foods subindustry, Bega Cheese'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.
Bega Cheese Selling, General, & Admin. Expense vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Bega Cheese's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Bega Cheese's Selling, General, & Admin. Expense falls into.
Bega Cheese 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$682 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$682 Mil mean?
Bega Cheese (ASX:BGA) has a Selling, General, & Admin. Expense of A$682 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 Bega Cheese and its competitors.
Is Bega Cheese's Selling, General, & Admin. Expense too high?
Bega Cheese's current Selling, General, & Admin. Expense is A$682 Mil. Overall, Bega Cheese has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bega Cheese's Selling, General, & Admin. Expense compare to KHC and GIS?
Bega Cheese's Selling, General, & Admin. Expense of A$682 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Selling, General, & Admin. Expense depends on the Consumer Packaged Goods 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 Bega Cheese and its competitors. Bega Cheese's current Selling, General, & Admin. Expense is A$682 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bega Cheese stock overvalued right now?
Based on GuruFocus' analysis, Bega Cheese (ASX:BGA) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.84, compared to a current price of A$5.95 — trading 22.9% above its estimated fair value. The current Selling, General, & Admin. Expense is A$682 Mil. Bega Cheese's overall GF Score™ is 71/100 with 6 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 Bega Cheese (ASX:BGA), the current Selling, General, & Admin. Expense is A$682 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 Bega Cheese (ASX:BGA) Overvalued in 2026?
Based on GuruFocus' analysis, Bega Cheese stock appears to be overvalued.
The current stock price of A$5.95 is trading 22.9% above its estimated GF Value™ of A$4.84.
GuruFocus considers Bega Cheese to be Modestly Overvalued.
Key valuation signals for ASX:BGA:
Selling, General, & Admin. Expense: A$682 Mil
GF Value™: A$4.84 vs. price of A$5.95 (22.9% above fair value)
No single metric tells the full story. See the ASX:BGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bega Group is an Australia-based dairy processor and food manufacturer of well-known brands including Bega Cheese and Vegemite. Bega operates two segments: The branded segment produces consumer packaged goods primarily sold through the supermarket and foodservice channels, while the bulk segment produces commodity dairy ingredients primarily sold through the business-to-business channel.
71GF Score
Get the complete analysis for ASX:BGA
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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