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.
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.
Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Nippon Express Holdings's selling, general, & admin. expense for the
three
months ended in Jun. 2026 was €0 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €1,004 Mil.
Nippon Express Holdings (FRA:L3W) 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.
Nippon Express Holdings Selling, General, & Admin. Expense Related Terms
Nippon Express Holdings Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Nippon Express Holdings'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.
Nippon Express Holdings Selling, General, & Admin. Expense Chart
FRA:L3W vs UPS, FDX, JBHT: Selling, General, & Admin. Expense Comparison
For the Integrated Freight & Logistics subindustry, Nippon Express Holdings'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.
Nippon Express Holdings Selling, General, & Admin. Expense vs Transportation Industry
For the Transportation industry and Industrials sector, Nippon Express Holdings's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Nippon Express Holdings's Selling, General, & Admin. Expense falls into.
Nippon Express Holdings 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,004 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 €1,004 Mil mean?
Nippon Express Holdings (FRA:L3W) has a Selling, General, & Admin. Expense of €1,004 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nippon Express Holdings and its competitors.
Is Nippon Express Holdings' Selling, General, & Admin. Expense too high?
Nippon Express Holdings' current Selling, General, & Admin. Expense is €1,004 Mil. Overall, Nippon Express Holdings has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Express Holdings' Selling, General, & Admin. Expense compare to UPS and FDX?
Nippon Express Holdings' Selling, General, & Admin. Expense of €1,004 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Selling, General, & Admin. Expense depends on the Transportation 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 Nippon Express Holdings and its competitors. Nippon Express Holdings's current Selling, General, & Admin. Expense is €1,004 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Express Holdings stock overvalued right now?
Nippon Express Holdings (FRA:L3W) has a current Selling, General, & Admin. Expense of €1,004 Mil. The stock's GF Value™ is €15.51, compared to a current price of €27.20 — trading 75.4% above its estimated fair value. The current Selling, General, & Admin. Expense is €1,004 Mil. Nippon Express Holdings' overall GF Score™ is 41/100 with 8 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 Nippon Express Holdings (FRA:L3W), the current Selling, General, & Admin. Expense is €1,004 Mil as of Jun. 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 Nippon Express Holdings (FRA:L3W) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Express Holdings stock appears to be overvalued.
The current stock price of €27.20 is trading 75.4% above its estimated GF Value™ of €15.51.
Key valuation signals for FRA:L3W:
Selling, General, & Admin. Expense: €1,004 Mil
GF Value™: €15.51 vs. price of €27.20 (75.4% above fair value)
No single metric tells the full story. See the FRA:L3W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Express Holdings Inc is engaged in the logistics business through five reportable segments: Japan, Americas, Europe, East Asia, and South Asia/Oceania. The company provides a wide range of logistics services, including railway, air, marine, and truck transportation, as well as warehousing, distribution, processing, and moving services. In addition to its core logistics operations, the group is also involved in security transport, heavy haulage and construction, and logistics support businesses, which include real estate, oil sales, and related services.
41GF Score
Get the complete analysis for FRA:L3W
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:L3W has been successfully added to your 
