IVCGF (Iveco Group NV) Selling, General, & Admin. Expense: $1,018 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.

IVCGF Iveco Group NV IVCGF
67 GF Score
Price $15.87
GF Value $12.02
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Iveco Group NV Selling, General, & Admin. Expense?

Iveco Group NV IVCGF 67 Selling, General, & Admin. Expense is $1,018 Mil as of Mar. 2026. GuruFocus rates IVCGF with a GF Score™ of 67/100 and a GF Value™ of $12.02 (Significantly Overvalued). The stock has 4 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. Iveco Group NV's selling, general, & admin. expense for the three months ended in Mar. 2026 was $232 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $1,018 Mil.


Iveco Group NV  (OTCPK:IVCGF) 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.


Iveco Group NV Selling, General, & Admin. Expense Related Terms


Iveco Group NV Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Iveco Group NV'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.

Iveco Group NV Selling, General, & Admin. Expense Chart

Iveco Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 932.20 991.53 1,086.15 969.63 1,003.51

Iveco Group NV 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 217.30 260.67 242.96 282.20 232.37

IVCGF vs CAT, DE, PCAR: Selling, General, & Admin. Expense Comparison

For the Farm & Heavy Construction Machinery subindustry, Iveco Group NV'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.


Iveco Group NV Selling, General, & Admin. Expense vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Iveco Group NV's Selling, General, & Admin. Expense distribution charts can be found below:

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


IVCGF
67GF Score
Iveco Group NV IVCGF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iveco Group NV 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 $1,018 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 $1,018 Mil mean?
Iveco Group NV (IVCGF) has a Selling, General, & Admin. Expense of $1,018 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 Iveco Group NV and its competitors.
Is Iveco Group NV's Selling, General, & Admin. Expense too high?
Iveco Group NV's current Selling, General, & Admin. Expense is $1,018 Mil. Overall, Iveco Group NV has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iveco Group NV's Selling, General, & Admin. Expense compare to CAT and DE?
Iveco Group NV's Selling, General, & Admin. Expense of $1,018 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Selling, General, & Admin. Expense depends on the Farm & Heavy Construction Machinery 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 Iveco Group NV and its competitors. Iveco Group NV's current Selling, General, & Admin. Expense is $1,018 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iveco Group NV stock overvalued right now?
Based on GuruFocus' analysis, Iveco Group NV (IVCGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.02, compared to a current price of $15.87 — trading 32% above its estimated fair value. The current Selling, General, & Admin. Expense is $1,018 Mil. Iveco Group NV's overall GF Score™ is 67/100 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 Iveco Group NV (IVCGF), the current Selling, General, & Admin. Expense is $1,018 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 Iveco Group NV (IVCGF) Overvalued in 2026?

Based on GuruFocus' analysis, Iveco Group NV stock appears to be overvalued. The current stock price of $15.87 is trading 32% above its estimated GF Value™ of $12.02. GuruFocus considers Iveco Group NV to be Significantly Overvalued.

Key valuation signals for IVCGF:

  • Selling, General, & Admin. Expense: $1,018 Mil
  • GF Value™: $12.02 vs. price of $15.87 (32% above fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Iveco Group NV Business Description

Address Via Puglia n. 35, Turin, ITA, 10156
Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has four operating segments: Truck, Bus, Powertrain, and Financial Services. The majority of revenue is generated from the Truck segment which designs, manufactures, and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods under the IVECO brand. Geographically, the majority of revenue is generated from Europe.
67GF Score

Get the complete analysis for IVCGF

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

$15.87
Price
$12.02
GF Value