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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Keck Seng Investments (Hong Kong)'s selling, general, & admin. expense for the
six
months ended in Dec. 2025 was €30.3 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €56.7 Mil.
Keck Seng Investments (Hong Kong) (FRA:KEC) 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.
Keck Seng Investments (Hong Kong) Selling, General, & Admin. Expense Related Terms
Keck Seng Investments (Hong Kong) 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.
Keck Seng Investments (Hong Kong) Selling, General, & Admin. Expense Chart
FRA:KEC vs MAR, HLT, H: Selling, General, & Admin. Expense Comparison
For the Lodging subindustry, Keck Seng Investments (Hong Kong)'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.
Keck Seng Investments (Hong Kong) Selling, General, & Admin. Expense vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Keck Seng Investments (Hong Kong)'s Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Keck Seng Investments (Hong Kong)'s Selling, General, & Admin. Expense falls into.
Keck Seng Investments (Hong Kong) 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 €56.7 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 €56.7 Mil mean?
Keck Seng Investments (Hong Kong) (FRA:KEC) has a Selling, General, & Admin. Expense of €56.7 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 Keck Seng Investments (Hong Kong) and its competitors.
Is Keck Seng Investments (Hong Kong)'s Selling, General, & Admin. Expense too high?
Keck Seng Investments (Hong Kong)'s current Selling, General, & Admin. Expense is €56.7 Mil. Overall, Keck Seng Investments (Hong Kong) has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Keck Seng Investments (Hong Kong)'s Selling, General, & Admin. Expense compare to MAR and HLT?
Keck Seng Investments (Hong Kong)'s Selling, General, & Admin. Expense of €56.7 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Selling, General, & Admin. Expense depends on the Travel & Leisure 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 Keck Seng Investments (Hong Kong) and its competitors. Keck Seng Investments (Hong Kong)'s current Selling, General, & Admin. Expense is €56.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keck Seng Investments (Hong Kong) stock overvalued right now?
Based on GuruFocus' analysis, Keck Seng Investments (Hong Kong) (FRA:KEC) is currently considered Fairly Valued. The stock's GF Value™ is €0.24, compared to a current price of €0.25 — trading 3.3% above its estimated fair value. The current Selling, General, & Admin. Expense is €56.7 Mil. Keck Seng Investments (Hong Kong)'s overall GF Score™ is 53/100 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 Keck Seng Investments (Hong Kong) (FRA:KEC), the current Selling, General, & Admin. Expense is €56.7 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 Keck Seng Investments (Hong Kong) (FRA:KEC) Overvalued in 2026?
Based on GuruFocus' analysis, Keck Seng Investments (Hong Kong) stock appears to be overvalued.
The current stock price of €0.25 is trading 3.3% above its estimated GF Value™ of €0.24.
GuruFocus considers Keck Seng Investments (Hong Kong) to be Fairly Valued.
Key valuation signals for FRA:KEC:
Selling, General, & Admin. Expense: €56.7 Mil
GF Value™: €0.24 vs. price of €0.25 (3.3% above fair value)
No single metric tells the full story. See the FRA:KEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keck Seng Investments (Hong Kong) Ltd is an investment holding company engaged in hotel and club operations, property investment and development, and the provision of management services. It has three operating segments: Hotel segment; Property segment and Investment and corporate segment. The majority of the revenue is derived from the Hotel segment that is engaged in the businesses of hotel room accommodation, provision of food and beverage at hotel restaurant outlets, and operation of slot machines at one of the Group's hotels.
53GF Score
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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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