MAAS Group Holdings (ASX:MGH) Selling, General, & Admin. Expense: A$268 Mil (TTM As of Dec. 2025)

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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.

ASX:MGH MAAS Group Holdings Ltd ASX:MGH
60 GF Score
Price A$5.32
GF Value A$5.59
Valuation Fairly Valued
! 7 Warning Signs
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What is MAAS Group Holdings Selling, General, & Admin. Expense?

MAAS Group Holdings ASX:MGH -2.92% 60 Selling, General, & Admin. Expense is A$268 Mil as of Dec. 2025. GuruFocus rates ASX:MGH with a GF Score™ of 60/100 and a GF Value™ of A$5.59 (Fairly Valued). The stock has 7 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. MAAS Group Holdings's selling, general, & admin. expense for the six months ended in Dec. 2025 was A$146 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$268 Mil.


MAAS Group Holdings  (ASX:MGH) 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.


MAAS Group Holdings Selling, General, & Admin. Expense Related Terms


MAAS Group Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for MAAS Group Holdings'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.

MAAS Group Holdings Selling, General, & Admin. Expense Chart

MAAS Group Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 46.63 98.36 170.47 206.68 238.02

MAAS Group Holdings Semi-Annual Data
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 98.08 108.60 116.13 121.90 146.44

ASX:MGH vs PWR, FIX, EME: Selling, General, & Admin. Expense Comparison

For the Engineering & Construction subindustry, MAAS Group 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.


MAAS Group Holdings Selling, General, & Admin. Expense vs Construction Industry

For the Construction industry and Industrials sector, MAAS Group Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

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


ASX:MGH
60GF Score
MAAS Group Holdings Ltd ASX:MGH
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MAAS Group 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$268 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$268 Mil mean?
MAAS Group Holdings (ASX:MGH) has a Selling, General, & Admin. Expense of A$268 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 MAAS Group Holdings and its competitors.
Is MAAS Group Holdings' Selling, General, & Admin. Expense too high?
MAAS Group Holdings' current Selling, General, & Admin. Expense is A$268 Mil. Overall, MAAS Group Holdings has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MAAS Group Holdings' Selling, General, & Admin. Expense compare to PWR and FIX?
MAAS Group Holdings' Selling, General, & Admin. Expense of A$268 Mil can be compared against companies in the Construction 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 Construction company?
A good Selling, General, & Admin. Expense depends on the Construction 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 MAAS Group Holdings and its competitors. MAAS Group Holdings's current Selling, General, & Admin. Expense is A$268 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAAS Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, MAAS Group Holdings (ASX:MGH) is currently considered Fairly Valued. The stock's GF Value™ is A$5.59, compared to a current price of A$5.32 — trading 4.8% below its estimated fair value. The current Selling, General, & Admin. Expense is A$268 Mil. MAAS Group Holdings' overall GF Score™ is 60/100 with 7 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 MAAS Group Holdings (ASX:MGH), the current Selling, General, & Admin. Expense is A$268 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 MAAS Group Holdings (ASX:MGH) Overvalued in 2026?

Based on GuruFocus' analysis, MAAS Group Holdings stock appears to be undervalued. The current stock price of A$5.32 is trading 4.8% below its estimated GF Value™ of A$5.59. GuruFocus considers MAAS Group Holdings to be Fairly Valued.

Key valuation signals for ASX:MGH:

  • Selling, General, & Admin. Expense: A$268 Mil
  • GF Value™: A$5.59 vs. price of A$5.32 (4.8% below fair value)
  • GF Score™: 60/100 with 7 warning signs

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


MAAS Group Holdings Business Description

Address 20L Sheraton Road, Dubbo, NSW, AUS, 2830
MAAS Group Holdings Ltd is an industrial service and real estate business with exposure across the property, civil, infrastructure, renewable energy, and mining sectors. The company's operating segments include Construction Materials; Residential Real Estate; Civil, Construction and Hire; Commercial Real Estate; Manufacturing; and Others. It generates maximum revenue from the Construction Materials segment which provides various services like supply of quarry materials to construction projects, mobile crushing and screening for quarries, civil works and mining, geotechnical services, asphalt services, and quarry excavation services. Geographically, the company's customers are located across Australia, Vietnam, Indonesia, Mongolia, Papua New Guinea, and New Zealand.
60GF Score

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

A$5.32
Price
A$5.59
GF Value