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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Mersen's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was $136 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $278 Mil.
Mersen (OTCPK:CBLNF) 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.
Mersen Selling, General, & Admin. Expense Related Terms
Mersen Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Mersen'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.
CBLNF vs VRT, BE, HUBB: Selling, General, & Admin. Expense Comparison
For the Electrical Equipment & Parts subindustry, Mersen'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.
Mersen Selling, General, & Admin. Expense vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mersen's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Mersen's Selling, General, & Admin. Expense falls into.
Mersen 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 $278 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 $278 Mil mean?
Mersen (CBLNF) has a Selling, General, & Admin. Expense of $278 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 Mersen and its competitors.
Is Mersen's Selling, General, & Admin. Expense too high?
Mersen's current Selling, General, & Admin. Expense is $278 Mil. Overall, Mersen has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mersen's Selling, General, & Admin. Expense compare to VRT and BE?
Mersen's Selling, General, & Admin. Expense of $278 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Selling, General, & Admin. Expense depends on the Industrial Products 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 Mersen and its competitors. Mersen's current Selling, General, & Admin. Expense is $278 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mersen stock overvalued right now?
Based on GuruFocus' analysis, Mersen (CBLNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.71, compared to a current price of $42.47 — trading 26% above its estimated fair value. The current Selling, General, & Admin. Expense is $278 Mil. Mersen's overall GF Score™ is 80/100 with 5 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 Mersen (CBLNF), the current Selling, General, & Admin. Expense is $278 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 Mersen (CBLNF) Overvalued in 2026?
Based on GuruFocus' analysis, Mersen stock appears to be overvalued.
The current stock price of $42.47 is trading 26% above its estimated GF Value™ of $33.71.
GuruFocus considers Mersen to be Modestly Overvalued.
Key valuation signals for CBLNF:
Selling, General, & Admin. Expense: $278 Mil
GF Value™: $33.71 vs. price of $42.47 (26% above fair value)
No single metric tells the full story. See the CBLNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mersen SA produces and sells electrical power products and materials across France, North America, Europe, and the Asia-Pacific, and globally. The group's operations are divided into two segments: Advanced Materials and Electrical Power. The Advanced Materials segment focuses on ormulation and manufacture of materials like graphite, silicon carbide, carbon fiber insulation and carbon-carbon composites to the design of final products in line with customer needs. Meanwhile, the Electrical Power segment offers a range of solutions and products designed to perform the following principal functions across the entire electrical chain.
80GF Score
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