Hamilton Lane (FRA:1M0) Selling, General, & Admin. Expense: €194.0 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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.

FRA:1M0 Hamilton Lane Inc FRA:1M0
77 GF Score
Price €89.00
GF Value €149.78
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Hamilton Lane Selling, General, & Admin. Expense?

Hamilton Lane FRA:1M0 +4.71% 77 Selling, General, & Admin. Expense is €194.0 Mil as of Jun. 2026. GuruFocus rates FRA:1M0 with a GF Score™ of 77/100 and a GF Value™ of €149.78 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Hamilton Lane's selling, general, & admin. expense for the three months ended in Jun. 2026 was €56.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €194.0 Mil.


Hamilton Lane  (FRA:1M0) 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.


Hamilton Lane Selling, General, & Admin. Expense Related Terms


Hamilton Lane Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Hamilton Lane'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.

Hamilton Lane Selling, General, & Admin. Expense Chart

Hamilton Lane Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.68 130.20 130.30 174.08 177.69

Hamilton Lane Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 39.42 47.23 44.15 45.69 56.88

FRA:1M0 vs UTG, STEP, AB: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Hamilton Lane'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.


Hamilton Lane Selling, General, & Admin. Expense vs Asset Management Industry

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

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


FRA:1M0
77GF Score
Hamilton Lane Inc FRA:1M0
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Hamilton Lane 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €194.0 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 €194.0 Mil mean?
Hamilton Lane (FRA:1M0) has a Selling, General, & Admin. Expense of €194.0 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Hamilton Lane and its competitors.
Is Hamilton Lane's Selling, General, & Admin. Expense too high?
Hamilton Lane's current Selling, General, & Admin. Expense is €194.0 Mil. Overall, Hamilton Lane has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hamilton Lane's Selling, General, & Admin. Expense compare to UTG and STEP?
Hamilton Lane's Selling, General, & Admin. Expense of €194.0 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 Hamilton Lane and its competitors. Hamilton Lane's current Selling, General, & Admin. Expense is €194.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamilton Lane stock overvalued right now?
Based on GuruFocus' analysis, Hamilton Lane (FRA:1M0) is currently considered Significantly Undervalued. The stock's GF Value™ is €149.78, compared to a current price of €89.00 — trading 40.6% below its estimated fair value. The current Selling, General, & Admin. Expense is €194.0 Mil. Hamilton Lane's overall GF Score™ is 77/100 with 1 warning sign 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 Hamilton Lane (FRA:1M0), the current Selling, General, & Admin. Expense is €194.0 Mil as of Jun. 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 Hamilton Lane (FRA:1M0) Overvalued in 2026?

Based on GuruFocus' analysis, Hamilton Lane stock appears to be undervalued. The current stock price of €89.00 is trading 40.6% below its estimated GF Value™ of €149.78. GuruFocus considers Hamilton Lane to be Significantly Undervalued.

Key valuation signals for FRA:1M0:

  • Selling, General, & Admin. Expense: €194.0 Mil
  • GF Value™: €149.78 vs. price of €89.00 (40.6% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the FRA:1M0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamilton Lane Business Description

Other Exchanges HLNE:USA1M0:Germany
Address 110 Washington Street, Suite 1300, Conshohocken, PA, USA, 19428
Hamilton Lane Inc is a private markets investment firm globally, providing solutions to institutional and private wealth investors around the world. Dedicated exclusively to private markets investing for more than 30 years, the firm currently employs approximately 750 professionals operating in offices throughout North America, Europe, Asia Pacific, and the Middle East. It has approximately $986 billion in assets under management and supervision, composed of nearly $141 billion in discretionary assets and more than $845 billion in non-discretionary assets. The group specializes in building flexible investment programs that provide clients access to the full spectrum of private markets strategies, sectors, and geographies.
77GF Score

Get the complete analysis for FRA:1M0

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

€89.00
Price
€149.78
GF Value