PT Victoria Investama Tbk (ISX:VICO) Selling, General, & Admin. Expense: Rp70,747 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.

ISX:VICO PT Victoria Investama Tbk ISX:VICO
76 GF Score
Price Rp142.00
GF Value Rp159.34
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is PT Victoria Investama Tbk Selling, General, & Admin. Expense?

PT Victoria Investama Tbk ISX:VICO +2.90% 76 Selling, General, & Admin. Expense is Rp70,747 Mil as of Mar. 2026. GuruFocus rates ISX:VICO with a GF Score™ of 76/100 and a GF Value™ of Rp159.34 (Modestly Undervalued). The stock has 3 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. PT Victoria Investama Tbk's selling, general, & admin. expense for the three months ended in Mar. 2026 was Rp14,945 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was Rp70,747 Mil.


PT Victoria Investama Tbk  (ISX:VICO) 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.


PT Victoria Investama Tbk Selling, General, & Admin. Expense Related Terms


PT Victoria Investama Tbk Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for PT Victoria Investama Tbk'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.

PT Victoria Investama Tbk Selling, General, & Admin. Expense Chart

PT Victoria Investama Tbk 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 39,185.05 47,552.94 48,942.56 83,491.08 74,399.29

PT Victoria Investama Tbk 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 18,597.69 23,141.20 18,533.95 14,126.45 14,945.00

ISX:VICO vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, PT Victoria Investama Tbk'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.


PT Victoria Investama Tbk Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Victoria Investama Tbk's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where PT Victoria Investama Tbk's Selling, General, & Admin. Expense falls into.


ISX:VICO
76GF Score
PT Victoria Investama Tbk ISX:VICO
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Victoria Investama Tbk 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 Rp70,747 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 Rp70,747 Mil mean?
PT Victoria Investama Tbk (ISX:VICO) has a Selling, General, & Admin. Expense of Rp70,747 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 PT Victoria Investama Tbk and its competitors.
Is PT Victoria Investama Tbk's Selling, General, & Admin. Expense too high?
PT Victoria Investama Tbk's current Selling, General, & Admin. Expense is Rp70,747 Mil. Overall, PT Victoria Investama Tbk has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Victoria Investama Tbk's Selling, General, & Admin. Expense compare to BLK and BX?
PT Victoria Investama Tbk's Selling, General, & Admin. Expense of Rp70,747 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 PT Victoria Investama Tbk and its competitors. PT Victoria Investama Tbk's current Selling, General, & Admin. Expense is Rp70,747 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Victoria Investama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Victoria Investama Tbk (ISX:VICO) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp159.34, compared to a current price of Rp142.00 — trading 10.9% below its estimated fair value. The current Selling, General, & Admin. Expense is Rp70,747 Mil. PT Victoria Investama Tbk's overall GF Score™ is 76/100 with 3 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 PT Victoria Investama Tbk (ISX:VICO), the current Selling, General, & Admin. Expense is Rp70,747 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 PT Victoria Investama Tbk (ISX:VICO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Victoria Investama Tbk stock appears to be undervalued. The current stock price of Rp142.00 is trading 10.9% below its estimated GF Value™ of Rp159.34. GuruFocus considers PT Victoria Investama Tbk to be Modestly Undervalued.

Key valuation signals for ISX:VICO:

  • Selling, General, & Admin. Expense: Rp70,747 Mil
  • GF Value™: Rp159.34 vs. price of Rp142.00 (10.9% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


PT Victoria Investama Tbk Business Description

Address Jalan Jend. Gatot Subroto Kav. 23, Graha BIP, Lantai 3A, South jakarta, Karet Semanggi, Setiabudi, Jakarta, IDN, 12930
PT Victoria Investama Tbk is a holding company engaged in the investment sector, with a focus on providing integrated financial services for both corporate clients and retail customers. It provides various services including Securities Trading, Securities Underwriting, Asset Management, General Insurance, Life Insurance, as well as Banking. The company's segments include consulting services, underwriting and securities trading brokerage, loss insurance, investment management, life insurance and banking. The banking segment is the main revenue contributor.
76GF Score

Get the complete analysis for ISX:VICO

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

Rp142.00
Price
Rp159.34
GF Value