Michael Page (FRA:3MI) Selling, General, & Admin. Expense: €869 Mil (TTM As of Dec. 2025)

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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:3MI Michael Page PLC FRA:3MI
62 GF Score
Price €2.14
GF Value €3.74
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Michael Page Selling, General, & Admin. Expense?

Michael Page FRA:3MI +1.90% 62 Selling, General, & Admin. Expense is €869 Mil as of Dec. 2025. GuruFocus rates FRA:3MI with a GF Score™ of 62/100 and a GF Value™ of €3.74 (Significantly Undervalued). The stock has 5 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. Michael Page's selling, general, & admin. expense for the six months ended in Dec. 2025 was €413 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €869 Mil.


Michael Page  (FRA:3MI) 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.


Michael Page Selling, General, & Admin. Expense Related Terms


Michael Page Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Michael Page'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.

Michael Page Selling, General, & Admin. Expense Chart

Michael Page 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 834.64 1,012.09 1,031.12 953.96 855.89

Michael Page 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 493.77 491.36 452.04 455.89 412.85

FRA:3MI vs KFY, RHI, TNET: Selling, General, & Admin. Expense Comparison

For the Staffing & Employment Services subindustry, Michael Page'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.


Michael Page Selling, General, & Admin. Expense vs Business Services Industry

For the Business Services industry and Industrials sector, Michael Page's Selling, General, & Admin. Expense distribution charts can be found below:

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


FRA:3MI
62GF Score
Michael Page PLC FRA:3MI
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Michael Page 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 €869 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 €869 Mil mean?
Michael Page (FRA:3MI) has a Selling, General, & Admin. Expense of €869 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 Michael Page and its competitors.
Is Michael Page's Selling, General, & Admin. Expense too high?
Michael Page's current Selling, General, & Admin. Expense is €869 Mil. Overall, Michael Page has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Michael Page's Selling, General, & Admin. Expense compare to KFY and RHI?
Michael Page's Selling, General, & Admin. Expense of €869 Mil can be compared against companies in the Business 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 Business Services company?
A good Selling, General, & Admin. Expense depends on the Business 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 Michael Page and its competitors. Michael Page's current Selling, General, & Admin. Expense is €869 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michael Page stock overvalued right now?
Based on GuruFocus' analysis, Michael Page (FRA:3MI) is currently considered Significantly Undervalued. The stock's GF Value™ is €3.74, compared to a current price of €2.14 — trading 42.8% below its estimated fair value. The current Selling, General, & Admin. Expense is €869 Mil. Michael Page's overall GF Score™ is 62/100 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 Michael Page (FRA:3MI), the current Selling, General, & Admin. Expense is €869 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 Michael Page (FRA:3MI) Overvalued in 2026?

Based on GuruFocus' analysis, Michael Page stock appears to be undervalued. The current stock price of €2.14 is trading 42.8% below its estimated GF Value™ of €3.74. GuruFocus considers Michael Page to be Significantly Undervalued.

Key valuation signals for FRA:3MI:

  • Selling, General, & Admin. Expense: €869 Mil
  • GF Value™: €3.74 vs. price of €2.14 (42.8% below fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the FRA:3MI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Michael Page Business Description

Address 200 Dashwood Lang Road, Bourne Business Park, Addlestone, Surrey, GBR, KT15 2NX
PageGroup PLC is engaged in providing recruitment consulting. The company is divided into three key brands: Page Executive, which provides management solutions for organizations regarding leadership talent; Michael Page, which provides recruits on a permanent, temporary, contract, and interim basis; and Page Personnel, which provides recruiting services at technical, administrative, clerical, and junior management levels. It derives the majority of its revenue from the EMEA region, followed by the United Kingdom. It also has its presence in the Asia Pacific and the Americas.
62GF Score

Get the complete analysis for FRA:3MI

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

€2.14
Price
€3.74
GF Value