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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Marusan Securities Co's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was €4.0 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €16.9 Mil.
Marusan Securities Co (FRA:9KC) 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.
Marusan Securities Co Selling, General, & Admin. Expense Related Terms
Marusan Securities Co Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Marusan Securities Co'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.
Marusan Securities Co Selling, General, & Admin. Expense Chart
FRA:9KC vs MS, GS, SCHW: Selling, General, & Admin. Expense Comparison
For the Capital Markets subindustry, Marusan Securities Co'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.
Marusan Securities Co Selling, General, & Admin. Expense vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Marusan Securities Co's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Marusan Securities Co's Selling, General, & Admin. Expense falls into.
Marusan Securities Co 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 €16.9 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 €16.9 Mil mean?
Marusan Securities Co (FRA:9KC) has a Selling, General, & Admin. Expense of €16.9 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 Marusan Securities Co and its competitors.
Is Marusan Securities Co's Selling, General, & Admin. Expense too high?
Marusan Securities Co's current Selling, General, & Admin. Expense is €16.9 Mil. Overall, Marusan Securities Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marusan Securities Co's Selling, General, & Admin. Expense compare to MS and GS?
Marusan Securities Co's Selling, General, & Admin. Expense of €16.9 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets 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 Marusan Securities Co and its competitors. Marusan Securities Co's current Selling, General, & Admin. Expense is €16.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marusan Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Marusan Securities Co (FRA:9KC) is currently considered Fairly Valued. The stock's GF Value™ is €6.31, compared to a current price of €6.60 — trading 4.6% above its estimated fair value. The current Selling, General, & Admin. Expense is €16.9 Mil. Marusan Securities Co's overall GF Score™ is 68/100 with 4 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 Marusan Securities Co (FRA:9KC), the current Selling, General, & Admin. Expense is €16.9 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 Marusan Securities Co (FRA:9KC) Overvalued in 2026?
Based on GuruFocus' analysis, Marusan Securities Co stock appears to be overvalued.
The current stock price of €6.60 is trading 4.6% above its estimated GF Value™ of €6.31.
GuruFocus considers Marusan Securities Co to be Fairly Valued.
Key valuation signals for FRA:9KC:
Selling, General, & Admin. Expense: €16.9 Mil
GF Value™: €6.31 vs. price of €6.60 (4.6% above fair value)
No single metric tells the full story. See the FRA:9KC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marusan Securities Co Ltd trades financial securities and derivatives. The company is headquartered in Japan and generates all revenue domestically. Securities services offered by the company include mediation of buying and selling securities, brokerage, trading, exchange-market activities, underwriting, private placement, agency of bond payments, and investment trust services. The company also provides banking services such as loans on collateral, buying and selling yen-denominated bank acceptances, buying and selling gold bullion, safety deposits, business loans, and insurance including property, casualty, and life.
68GF Score
Get the complete analysis for FRA:9KC
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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