Man Group (CHIX:EMGL) Selling, General, & Admin. Expense: £148 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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.

CHIX:EMGL Man Group PLC CHIX:EMGL
84 GF Score
Price £2.96
GF Value £2.36
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Man Group Selling, General, & Admin. Expense?

Man Group CHIX:EMGL -1.14% 84 Selling, General, & Admin. Expense is £148 Mil as of Dec. 2025. GuruFocus rates CHIX:EMGL with a GF Score™ of 84/100 and a GF Value™ of £2.36 (Modestly Overvalued). The stock has 10 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. Man Group's selling, general, & admin. expense for the six months ended in Dec. 2025 was £102 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was £148 Mil.


Man Group  (CHIX:EMGl) 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.


Man Group Selling, General, & Admin. Expense Related Terms


Man Group Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Man Group'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.

Man Group Selling, General, & Admin. Expense Chart

Man Group 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 114.30 120.69 116.92 135.26 148.65

Man Group 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 82.95 40.09 94.92 45.69 102.34

CHIX:EMGL vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Man Group'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.


Man Group Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Man Group's Selling, General, & Admin. Expense distribution charts can be found below:

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


CHIX:EMGL
84GF Score
Man Group PLC CHIX:EMGL
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Man Group 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 £148 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 £148 Mil mean?
Man Group (CHIX:EMGL) has a Selling, General, & Admin. Expense of £148 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 Man Group and its competitors.
Is Man Group's Selling, General, & Admin. Expense too high?
Man Group's current Selling, General, & Admin. Expense is £148 Mil. Overall, Man Group has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Man Group's Selling, General, & Admin. Expense compare to BLK and BX?
Man Group's Selling, General, & Admin. Expense of £148 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management 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 Man Group and its competitors. Man Group's current Selling, General, & Admin. Expense is £148 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Man Group stock overvalued right now?
Based on GuruFocus' analysis, Man Group (CHIX:EMGL) is currently considered Modestly Overvalued. The stock's GF Value™ is £2.36, compared to a current price of £2.96 — trading 25.3% above its estimated fair value. The current Selling, General, & Admin. Expense is £148 Mil. Man Group's overall GF Score™ is 84/100 with 10 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 Man Group (CHIX:EMGL), the current Selling, General, & Admin. Expense is £148 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 Man Group (CHIX:EMGL) Overvalued in 2026?

Based on GuruFocus' analysis, Man Group stock appears to be overvalued. The current stock price of £2.96 is trading 25.3% above its estimated GF Value™ of £2.36. GuruFocus considers Man Group to be Modestly Overvalued.

Key valuation signals for CHIX:EMGL:

  • Selling, General, & Admin. Expense: £148 Mil
  • GF Value™: £2.36 vs. price of £2.96 (25.3% above fair value)
  • GF Score™: 84/100 with 10 warning signs

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


Man Group Business Description

Other Exchanges MNGPF:USAEMG:UKM3N:Germany
Address 2 Swan Lane, Riverbank House, London, GBR, EC4R 3AD
Man Group PLC is an investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. It invests across a diverse range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. The company earns the majority of its revenue in the form of Management fee which is charged as a percentage of assets under management or net asset value, and a performance fee, which is charged as a percentage of investment performance above a benchmark return.
84GF Score

Get the complete analysis for CHIX:EMGL

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

£2.96
Price
£2.36
GF Value