Investment AB Latour (FRA:18LB) Selling, General, & Admin. Expense: €614 Mil (TTM As of Mar. 2026)

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FRA:18LB Investment AB Latour FRA:18LB
84 GF Score
Price €17.82
GF Value €24.50
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Investment AB Latour Selling, General, & Admin. Expense?

Investment AB Latour FRA:18LB +0.25% 84 Selling, General, & Admin. Expense is €614 Mil as of Mar. 2026. GuruFocus rates FRA:18LB with a GF Score™ of 84/100 and a GF Value™ of €24.50 (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. Investment AB Latour's selling, general, & admin. expense for the three months ended in Mar. 2026 was €160 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €614 Mil.


Investment AB Latour  (FRA:18LB) 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.


Investment AB Latour Selling, General, & Admin. Expense Related Terms


Investment AB Latour Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Investment AB Latour'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.

Investment AB Latour Selling, General, & Admin. Expense Chart

Investment AB Latour 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 405.23 446.80 513.86 525.19 615.13

Investment AB Latour Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 156.19 152.28 143.72 158.51 159.68

FRA:18LB vs MMM, HON: Selling, General, & Admin. Expense Comparison

For the Conglomerates subindustry, Investment AB Latour'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.


Investment AB Latour Selling, General, & Admin. Expense vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Investment AB Latour's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Investment AB Latour's Selling, General, & Admin. Expense falls into.


FRA:18LB
84GF Score
Investment AB Latour FRA:18LB
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Investment AB Latour 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €614 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 €614 Mil mean?
Investment AB Latour (FRA:18LB) has a Selling, General, & Admin. Expense of €614 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Investment AB Latour and its competitors.
Is Investment AB Latour's Selling, General, & Admin. Expense too high?
Investment AB Latour's current Selling, General, & Admin. Expense is €614 Mil. Overall, Investment AB Latour has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Investment AB Latour's Selling, General, & Admin. Expense compare to MMM and HON?
Investment AB Latour's Selling, General, & Admin. Expense of €614 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Selling, General, & Admin. Expense depends on the Conglomerates 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 Investment AB Latour and its competitors. Investment AB Latour's current Selling, General, & Admin. Expense is €614 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investment AB Latour stock overvalued right now?
Based on GuruFocus' analysis, Investment AB Latour (FRA:18LB) is currently considered Modestly Undervalued. The stock's GF Value™ is €24.50, compared to a current price of €17.82 — trading 27.3% below its estimated fair value. The current Selling, General, & Admin. Expense is €614 Mil. Investment AB Latour's overall GF Score™ is 84/100 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 Investment AB Latour (FRA:18LB), the current Selling, General, & Admin. Expense is €614 Mil as of Mar. 2026. 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 Investment AB Latour (FRA:18LB) Overvalued in 2026?

Based on GuruFocus' analysis, Investment AB Latour stock appears to be undervalued. The current stock price of €17.82 is trading 27.3% below its estimated GF Value™ of €24.50. GuruFocus considers Investment AB Latour to be Modestly Undervalued.

Key valuation signals for FRA:18LB:

  • Selling, General, & Admin. Expense: €614 Mil
  • GF Value™: €24.50 vs. price of €17.82 (27.3% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the FRA:18LB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Investment AB Latour Business Description

Address J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.
84GF Score

Get the complete analysis for FRA:18LB

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

€17.82
Price
€24.50
GF Value