SALAFIN (Groupe BMCE) (CAS:SLF) Selling, General, & Admin. Expense: MAD61.2 Mil (TTM As of Dec. 2025)


CAS:SLF SALAFIN (Groupe BMCE) CAS:SLF
51 GF Score
Price MAD430.00
GF Value MAD578.26
Valuation Modestly Undervalued
! 2 Warning Signs
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What is SALAFIN (Groupe BMCE) Selling, General, & Admin. Expense?

SALAFIN (Groupe BMCE) CAS:SLF 51 Selling, General, & Admin. Expense is MAD61.2 Mil as of Dec. 2025. GuruFocus rates CAS:SLF with a GF Score™ of 51/100 and a GF Value™ of MAD578.26 (Modestly Undervalued). The stock has 2 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. SALAFIN (Groupe BMCE)'s selling, general, & admin. expense for the six months ended in Dec. 2025 was MAD60.7 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was MAD61.2 Mil.


SALAFIN (Groupe BMCE)  (CAS:SLF) 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.


SALAFIN (Groupe BMCE) Selling, General, & Admin. Expense Related Terms


SALAFIN (Groupe BMCE) Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for SALAFIN (Groupe BMCE)'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.

SALAFIN (Groupe BMCE) Selling, General, & Admin. Expense Chart

SALAFIN (Groupe BMCE) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.06 69.48 67.30 62.46 61.22

SALAFIN (Groupe BMCE) 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 66.70 0.67 61.80 0.50 60.73

CAS:SLF vs V, MA, AXP: Selling, General, & Admin. Expense Comparison

For the Credit Services subindustry, SALAFIN (Groupe BMCE)'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.


SALAFIN (Groupe BMCE) Selling, General, & Admin. Expense vs Credit Services Industry

For the Credit Services industry and Financial Services sector, SALAFIN (Groupe BMCE)'s Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where SALAFIN (Groupe BMCE)'s Selling, General, & Admin. Expense falls into.


CAS:SLF
51GF Score
SALAFIN (Groupe BMCE) CAS:SLF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SALAFIN (Groupe BMCE) 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 MAD61.2 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 MAD61.2 Mil mean?
SALAFIN (Groupe BMCE) (CAS:SLF) has a Selling, General, & Admin. Expense of MAD61.2 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 SALAFIN (Groupe BMCE) and its competitors.
Is SALAFIN (Groupe BMCE)'s Selling, General, & Admin. Expense too high?
SALAFIN (Groupe BMCE)'s current Selling, General, & Admin. Expense is MAD61.2 Mil. Overall, SALAFIN (Groupe BMCE) has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SALAFIN (Groupe BMCE)'s Selling, General, & Admin. Expense compare to V and MA?
SALAFIN (Groupe BMCE)'s Selling, General, & Admin. Expense of MAD61.2 Mil can be compared against companies in the Credit Services 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 Credit Services company?
A good Selling, General, & Admin. Expense depends on the Credit Services 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 SALAFIN (Groupe BMCE) and its competitors. SALAFIN (Groupe BMCE)'s current Selling, General, & Admin. Expense is MAD61.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SALAFIN (Groupe BMCE) stock overvalued right now?
Based on GuruFocus' analysis, SALAFIN (Groupe BMCE) (CAS:SLF) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD578.26, compared to a current price of MAD430.00 — trading 25.6% below its estimated fair value. The current Selling, General, & Admin. Expense is MAD61.2 Mil. SALAFIN (Groupe BMCE)'s overall GF Score™ is 51/100 with 2 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 SALAFIN (Groupe BMCE) (CAS:SLF), the current Selling, General, & Admin. Expense is MAD61.2 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 SALAFIN (Groupe BMCE) (CAS:SLF) Overvalued in 2026?

Based on GuruFocus' analysis, SALAFIN (Groupe BMCE) stock appears to be undervalued. The current stock price of MAD430.00 is trading 25.6% below its estimated GF Value™ of MAD578.26. GuruFocus considers SALAFIN (Groupe BMCE) to be Modestly Undervalued.

Key valuation signals for CAS:SLF:

  • Selling, General, & Admin. Expense: MAD61.2 Mil
  • GF Value™: MAD578.26 vs. price of MAD430.00 (25.6% below fair value)
  • GF Score™: 51/100 with 2 warning signs

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


SALAFIN (Groupe BMCE) Business Description

Address Immeuble Zenith Millenium 8, Sidi Maarouf, Casablanca, MAR
SALAFIN (Groupe BMCE) is a Morocco-based company. It is a finance company. It offers consumer credit services. The company operates through various business segments that are Personal Credit, which include personal loan, and mortgage credit; Auto Financing, which provides car loans; and Revolving Credit.
51GF Score

Get the complete analysis for CAS:SLF

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

MAD430.00
Price
MAD578.26
GF Value