Gerdau (FRA:GDUB) Selling, General, & Admin. Expense: €334 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:GDUB Gerdau SA FRA:GDUB
74 GF Score
Price €4.12
GF Value €3.13
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Gerdau Selling, General, & Admin. Expense?

Gerdau FRA:GDUB +0.98% 74 Selling, General, & Admin. Expense is €334 Mil as of Mar. 2026. GuruFocus rates FRA:GDUB with a GF Score™ of 74/100 and a GF Value™ of €3.13 (Significantly Overvalued). The stock has 9 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. Gerdau's selling, general, & admin. expense for the three months ended in Mar. 2026 was €86 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €334 Mil.


Gerdau  (FRA:GDUB) 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.


Gerdau Selling, General, & Admin. Expense Related Terms


Gerdau Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Gerdau'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.

Gerdau Selling, General, & Admin. Expense Chart

Gerdau 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 329.58 393.70 413.16 339.15 331.98

Gerdau 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 87.21 87.07 81.40 79.62 86.32

FRA:GDUB vs NUE, STLD, RS: Selling, General, & Admin. Expense Comparison

For the Steel subindustry, Gerdau'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.


Gerdau Selling, General, & Admin. Expense vs Steel Industry

For the Steel industry and Basic Materials sector, Gerdau's Selling, General, & Admin. Expense distribution charts can be found below:

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


FRA:GDUB
74GF Score
Gerdau SA FRA:GDUB
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Gerdau 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 €334 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 €334 Mil mean?
Gerdau (FRA:GDUB) has a Selling, General, & Admin. Expense of €334 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 Gerdau and its competitors.
Is Gerdau's Selling, General, & Admin. Expense too high?
Gerdau's current Selling, General, & Admin. Expense is €334 Mil. Overall, Gerdau has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gerdau's Selling, General, & Admin. Expense compare to NUE and STLD?
Gerdau's Selling, General, & Admin. Expense of €334 Mil can be compared against companies in the Steel 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 Steel company?
A good Selling, General, & Admin. Expense depends on the Steel 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 Gerdau and its competitors. Gerdau's current Selling, General, & Admin. Expense is €334 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gerdau stock overvalued right now?
Based on GuruFocus' analysis, Gerdau (FRA:GDUB) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.13, compared to a current price of €4.12 — trading 31.6% above its estimated fair value. The current Selling, General, & Admin. Expense is €334 Mil. Gerdau's overall GF Score™ is 74/100 with 9 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 Gerdau (FRA:GDUB), the current Selling, General, & Admin. Expense is €334 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 Gerdau (FRA:GDUB) Overvalued in 2026?

Based on GuruFocus' analysis, Gerdau stock appears to be overvalued. The current stock price of €4.12 is trading 31.6% above its estimated GF Value™ of €3.13. GuruFocus considers Gerdau to be Significantly Overvalued.

Key valuation signals for FRA:GDUB:

  • Selling, General, & Admin. Expense: €334 Mil
  • GF Value™: €3.13 vs. price of €4.12 (31.6% above fair value)
  • GF Score™: 74/100 with 9 warning signs

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


Gerdau Business Description

Address Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutors, mechanical construction bars, and reinforced steel locks. The company's geographical segment includes Brazil Segment; North America Segment; South America Segment as well as Special Steel Operations. It derives the majority of its revenue from the Brazil Operations segment, which includes the long, flat and special steel operations and the iron ore operation located in Brazil and joint ventures and associated companies located in Brazil.
74GF Score

Get the complete analysis for FRA:GDUB

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

€4.12
Price
€3.13
GF Value