Argent Industrial (JSE:ART) Selling, General, & Admin. Expense: R0 Mil (TTM As of Mar. 2026)

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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.
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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.

JSE:ART Argent Industrial Ltd JSE:ART
72 GF Score
Price R38.13
GF Value R29.95
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Argent Industrial Selling, General, & Admin. Expense?

Argent Industrial JSE:ART -0.18% 72 Selling, General, & Admin. Expense is R0 Mil as of Mar. 2026. GuruFocus rates JSE:ART with a GF Score™ of 72/100 and a GF Value™ of R29.95 (Modestly Overvalued). The stock has 6 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. Argent Industrial's selling, general, & admin. expense for the six months ended in Mar. 2026 was R0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R0 Mil.


Argent Industrial  (JSE:ART) 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.


Argent Industrial Selling, General, & Admin. Expense Related Terms


Argent Industrial Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Argent Industrial'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.

Argent Industrial Selling, General, & Admin. Expense Chart

Argent Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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Argent Industrial Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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JSE:ART vs NUE, STLD, RS: Selling, General, & Admin. Expense Comparison

For the Steel subindustry, Argent Industrial'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.


Argent Industrial Selling, General, & Admin. Expense vs Steel Industry

For the Steel industry and Basic Materials sector, Argent Industrial's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Argent Industrial's Selling, General, & Admin. Expense falls into.


JSE:ART
72GF Score
Argent Industrial Ltd JSE:ART
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Argent Industrial 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 R0 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 R0 Mil mean?
Argent Industrial (JSE:ART) has a Selling, General, & Admin. Expense of R0 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 Argent Industrial and its competitors.
Is Argent Industrial's Selling, General, & Admin. Expense too high?
Argent Industrial's current Selling, General, & Admin. Expense is R0 Mil. Overall, Argent Industrial has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Selling, General, & Admin. Expense compare to NUE and STLD?
Argent Industrial's Selling, General, & Admin. Expense of R0 Mil can be compared against companies in the Steel 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 Steel company?
A good Selling, General, & Admin. Expense depends on the Steel 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 Argent Industrial and its competitors. Argent Industrial's current Selling, General, & Admin. Expense is R0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (JSE:ART) is currently considered Modestly Overvalued. The stock's GF Value™ is R29.95, compared to a current price of R38.13 — trading 27.3% above its estimated fair value. The current Selling, General, & Admin. Expense is R0 Mil. Argent Industrial's overall GF Score™ is 72/100 with 6 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 Argent Industrial (JSE:ART), the current Selling, General, & Admin. Expense is R0 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 Argent Industrial (JSE:ART) Overvalued in 2026?

Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued. The current stock price of R38.13 is trading 27.3% above its estimated GF Value™ of R29.95. GuruFocus considers Argent Industrial to be Modestly Overvalued.

Key valuation signals for JSE:ART:

  • Selling, General, & Admin. Expense: R0 Mil
  • GF Value™: R29.95 vs. price of R38.13 (27.3% above fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Argent Industrial Business Description

Other Exchanges AILTF:USA
Address 8 Sinembe Crescent, Sinembe Park, First Floor, Ridge 63, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
72GF Score

Get the complete analysis for JSE:ART

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

R38.13
Price
R29.95
GF Value