L E Lundbergforetagen AB (FRA:LU3B) Selling, General, & Admin. Expense: €0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:LU3B L E Lundbergforetagen AB FRA:LU3B
72 GF Score
Price €50.60
GF Value €44.60
Valuation Modestly Overvalued
! 7 Warning Signs
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What is L E Lundbergforetagen AB Selling, General, & Admin. Expense?

L E Lundbergforetagen AB FRA:LU3B +2.64% 72 Selling, General, & Admin. Expense is €0 Mil as of Mar. 2026. GuruFocus rates FRA:LU3B with a GF Score™ of 72/100 and a GF Value™ of €44.60 (Modestly Overvalued). The stock has 7 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. L E Lundbergforetagen AB's selling, general, & admin. expense for the three months ended in Mar. 2026 was €0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €0 Mil.


L E Lundbergforetagen AB  (FRA:LU3B) 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.


L E Lundbergforetagen AB Selling, General, & Admin. Expense Related Terms


L E Lundbergforetagen AB Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for L E Lundbergforetagen AB'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.

L E Lundbergforetagen AB Selling, General, & Admin. Expense Chart

L E Lundbergforetagen AB Annual Data
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L E Lundbergforetagen AB Quarterly Data
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FRA:LU3B vs HON, MMM: Selling, General, & Admin. Expense Comparison

For the Conglomerates subindustry, L E Lundbergforetagen AB'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.


L E Lundbergforetagen AB Selling, General, & Admin. Expense vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, L E Lundbergforetagen AB's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where L E Lundbergforetagen AB's Selling, General, & Admin. Expense falls into.


FRA:LU3B
72GF Score
L E Lundbergforetagen AB FRA:LU3B
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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L E Lundbergforetagen AB 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 €0 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 Mil mean?
L E Lundbergforetagen AB (FRA:LU3B) has a Selling, General, & Admin. Expense of €0 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 L E Lundbergforetagen AB and its competitors.
Is L E Lundbergforetagen AB's Selling, General, & Admin. Expense too high?
L E Lundbergforetagen AB's current Selling, General, & Admin. Expense is €0 Mil. Overall, L E Lundbergforetagen AB has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does L E Lundbergforetagen AB's Selling, General, & Admin. Expense compare to HON and MMM?
L E Lundbergforetagen AB's Selling, General, & Admin. Expense of €0 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Selling, General, & Admin. Expense depends on the Conglomerates 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 L E Lundbergforetagen AB and its competitors. L E Lundbergforetagen AB's current Selling, General, & Admin. Expense is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L E Lundbergforetagen AB stock overvalued right now?
Based on GuruFocus' analysis, L E Lundbergforetagen AB (FRA:LU3B) is currently considered Modestly Overvalued. The stock's GF Value™ is €44.60, compared to a current price of €50.60 — trading 13.5% above its estimated fair value. The current Selling, General, & Admin. Expense is €0 Mil. L E Lundbergforetagen AB's overall GF Score™ is 72/100 with 7 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 L E Lundbergforetagen AB (FRA:LU3B), the current Selling, General, & Admin. Expense is €0 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 L E Lundbergforetagen AB (FRA:LU3B) Overvalued in 2026?

Based on GuruFocus' analysis, L E Lundbergforetagen AB stock appears to be overvalued. The current stock price of €50.60 is trading 13.5% above its estimated GF Value™ of €44.60. GuruFocus considers L E Lundbergforetagen AB to be Modestly Overvalued.

Key valuation signals for FRA:LU3B:

  • Selling, General, & Admin. Expense: €0 Mil
  • GF Value™: €44.60 vs. price of €50.60 (13.5% above fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the FRA:LU3B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


L E Lundbergforetagen AB Business Description

Address Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40
L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.
72GF Score

Get the complete analysis for FRA:LU3B

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

€50.60
Price
€44.60
GF Value