Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Japan Tobacco's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was $1,556 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $7,818 Mil.
Japan Tobacco (OTCPK:JAPAF) 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.
Japan Tobacco Selling, General, & Admin. Expense Related Terms
Japan Tobacco Selling, General, & Admin. Expense Historical Data
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The historical data trend for Japan Tobacco'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.
Japan Tobacco Selling, General, & Admin. Expense Chart
JAPAF vs PM, MO, TPB: Selling, General, & Admin. Expense Comparison
For the Tobacco subindustry, Japan Tobacco'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.
Japan Tobacco Selling, General, & Admin. Expense vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Japan Tobacco's Selling, General, & Admin. Expense falls into.
Japan Tobacco 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 $7,818 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 $7,818 Mil mean?
Japan Tobacco (JAPAF) has a Selling, General, & Admin. Expense of $7,818 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 Japan Tobacco and its competitors.
Is Japan Tobacco's Selling, General, & Admin. Expense too high?
Japan Tobacco's current Selling, General, & Admin. Expense is $7,818 Mil. Overall, Japan Tobacco has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Tobacco's Selling, General, & Admin. Expense compare to PM and MO?
Japan Tobacco's Selling, General, & Admin. Expense of $7,818 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Selling, General, & Admin. Expense depends on the Tobacco Products 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 Japan Tobacco and its competitors. Japan Tobacco's current Selling, General, & Admin. Expense is $7,818 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Tobacco stock overvalued right now?
Based on GuruFocus' analysis, Japan Tobacco (JAPAF) is currently considered Fairly Valued. The stock's GF Value™ is $32.94, compared to a current price of $35.97 — trading 9.2% above its estimated fair value. The current Selling, General, & Admin. Expense is $7,818 Mil. Japan Tobacco's overall GF Score™ is 76/100 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 Japan Tobacco (JAPAF), the current Selling, General, & Admin. Expense is $7,818 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 Japan Tobacco (JAPAF) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Tobacco stock appears to be overvalued.
The current stock price of $35.97 is trading 9.2% above its estimated GF Value™ of $32.94.
GuruFocus considers Japan Tobacco to be Fairly Valued.
Key valuation signals for JAPAF:
Selling, General, & Admin. Expense: $7,818 Mil
GF Value™: $32.94 vs. price of $35.97 (9.2% above fair value)
No single metric tells the full story. See the JAPAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Tobacco primarily sells cigarettes and reduced-risk products, organized in three clusters consisting of Asia (which includes its home market and countries in Asia Pacific), Western Europe, and EMA (which includes Eastern Europe, the Middle East North Africa, Turkey, Americas, and duty-free). Its leading cigarette brands include Winston (non-US), Camel (non-US), Mevius, and LD. Its reduced-risk brands include Logic in vaping, Ploom in heated tobacco, and Nordic Spirit in nicotine pouches, though these generates less than 5% of tobacco sales.
76GF Score
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