Alexander Forbes Group Holdings (JSE:AFH) Selling, General, & Admin. Expense: R293 Mil (TTM As of Mar. 2026)

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JSE:AFH Alexander Forbes Group Holdings Ltd JSE:AFH
68 GF Score
Price R7.06
GF Value R8.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Alexander Forbes Group Holdings Selling, General, & Admin. Expense?

Alexander Forbes Group Holdings JSE:AFH -4.59% 68 Selling, General, & Admin. Expense is R293 Mil as of Mar. 2026. GuruFocus rates JSE:AFH with a GF Score™ of 68/100 and a GF Value™ of R8.70 (Modestly Undervalued). 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. Alexander Forbes Group Holdings's selling, general, & admin. expense for the six months ended in Mar. 2026 was R290 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R293 Mil.


Alexander Forbes Group Holdings  (JSE:AFH) 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.


Alexander Forbes Group Holdings Selling, General, & Admin. Expense Related Terms


Alexander Forbes Group Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Alexander Forbes Group 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.

Alexander Forbes Group Holdings Selling, General, & Admin. Expense Chart

Alexander Forbes Group Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 322.00 286.00 283.00 310.00 293.00

Alexander Forbes Group Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 284.00 2.00 308.00 3.00 290.00

JSE:AFH vs FRHC, VOYA: Selling, General, & Admin. Expense Comparison

For the Financial Conglomerates subindustry, Alexander Forbes Group 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.


Alexander Forbes Group Holdings Selling, General, & Admin. Expense vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alexander Forbes Group Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Alexander Forbes Group Holdings's Selling, General, & Admin. Expense falls into.


JSE:AFH
68GF Score
Alexander Forbes Group Holdings Ltd JSE:AFH
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander Forbes Group 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R293 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 R293 Mil mean?
Alexander Forbes Group Holdings (JSE:AFH) has a Selling, General, & Admin. Expense of R293 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 Alexander Forbes Group Holdings and its competitors.
Is Alexander Forbes Group Holdings' Selling, General, & Admin. Expense too high?
Alexander Forbes Group Holdings' current Selling, General, & Admin. Expense is R293 Mil. Overall, Alexander Forbes Group Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alexander Forbes Group Holdings' Selling, General, & Admin. Expense compare to FRHC and VOYA?
Alexander Forbes Group Holdings' Selling, General, & Admin. Expense of R293 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Selling, General, & Admin. Expense depends on the Diversified Financial Services 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 Alexander Forbes Group Holdings and its competitors. Alexander Forbes Group Holdings's current Selling, General, & Admin. Expense is R293 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Forbes Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Alexander Forbes Group Holdings (JSE:AFH) is currently considered Modestly Undervalued. The stock's GF Value™ is R8.70, compared to a current price of R7.06 — trading 18.9% below its estimated fair value. The current Selling, General, & Admin. Expense is R293 Mil. Alexander Forbes Group Holdings' overall GF Score™ is 68/100 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 Alexander Forbes Group Holdings (JSE:AFH), the current Selling, General, & Admin. Expense is R293 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 Alexander Forbes Group Holdings (JSE:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Forbes Group Holdings stock appears to be undervalued. The current stock price of R7.06 is trading 18.9% below its estimated GF Value™ of R8.70. GuruFocus considers Alexander Forbes Group Holdings to be Modestly Undervalued.

Key valuation signals for JSE:AFH:

  • Selling, General, & Admin. Expense: R293 Mil
  • GF Value™: R8.70 vs. price of R7.06 (18.9% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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


Alexander Forbes Group Holdings Business Description

Address 115 West Street, Sandown, Johannesburg, GT, ZAF, 2196
Alexander Forbes Group Holdings Ltd is a South Africa-based diversified financial services company. The company operates through seven segments: Retirement consulting, Healthcare consulting, Investments, Individual consulting, Multinational consulting, Solutions & Enablement, and Client Services & Business Optimization. Its services include Retirement consulting, Investments, Healthcare, Preservation funds, and Others. The company also offers online services.
68GF Score

Get the complete analysis for JSE:AFH

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

R7.06
Price
R8.70
GF Value