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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Deutsche Effecten- und Wechsel- Beteiligungsges AG's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was €0.00 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 Mil.
Deutsche Effecten- und Wechsel- Beteiligungsges AG (FRA:EFF0) 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.
Deutsche Effecten- und Wechsel- Beteiligungsges AG Selling, General, & Admin. Expense Related Terms
Deutsche Effecten- und Wechsel- Beteiligungsges AG Selling, General, & Admin. Expense Historical Data
* 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.
Deutsche Effecten- und Wechsel- Beteiligungsges AG Selling, General, & Admin. Expense Chart
Deutsche Effecten- und Wechsel- Beteiligungsges AG Annual Data
FRA:EFF0 vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, Deutsche Effecten- und Wechsel- Beteiligungsges AG'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.
Deutsche Effecten- und Wechsel- Beteiligungsges AG Selling, General, & Admin. Expense vs Asset Management Industry
Deutsche Effecten- und Wechsel- Beteiligungsges AG 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 €0.00 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 €0.00 Mil mean?
Deutsche Effecten- und Wechsel- Beteiligungsges AG (FRA:EFF0) has a Selling, General, & Admin. Expense of €0.00 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG's Selling, General, & Admin. Expense too high?
Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Selling, General, & Admin. Expense is €0.00 Mil. Overall, Deutsche Effecten- und Wechsel- Beteiligungsges AG has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Deutsche Effecten- und Wechsel- Beteiligungsges AG's Selling, General, & Admin. Expense compare to BLK and BX?
Deutsche Effecten- und Wechsel- Beteiligungsges AG's Selling, General, & Admin. Expense of €0.00 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG and its competitors. Deutsche Effecten- und Wechsel- Beteiligungsges AG's current Selling, General, & Admin. Expense is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deutsche Effecten- und Wechsel- Beteiligungsges AG stock overvalued right now?
Deutsche Effecten- und Wechsel- Beteiligungsges AG (FRA:EFF0) has a current Selling, General, & Admin. Expense of €0.00 Mil. The current Selling, General, & Admin. Expense is €0.00 Mil. Deutsche Effecten- und Wechsel- Beteiligungsges AG's overall GF Score™ is 41/100 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 Deutsche Effecten- und Wechsel- Beteiligungsges AG (FRA:EFF0), the current Selling, General, & Admin. Expense is €0.00 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.
Deutsche Effecten- und Wechsel- Beteiligungsges AG is a Germany-based listed investment company that specializes in the selection, acquisition, development, and sale of tech companies. It focuses on asset management and companies whose technologies and business models have an impact on the future development of the financial industry. The company supports its portfolio companies with capital, expertise in corporate development, and its extensive network of experts.
41GF Score
Get the complete analysis for FRA:EFF0
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