Fairvest (JSE:FTB) Selling, General, & Admin. Expense: R154 Mil (TTM As of Mar. 2026)

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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.
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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.

JSE:FTB Fairvest Ltd JSE:FTB
60 GF Score
Price R7.12
GF Value R6.31
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Fairvest Selling, General, & Admin. Expense?

Fairvest JSE:FTB +0.56% 60 Selling, General, & Admin. Expense is R154 Mil as of Mar. 2026. GuruFocus rates JSE:FTB with a GF Score™ of 60/100 and a GF Value™ of R6.31 (Modestly Overvalued). The stock has 7 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. Fairvest's selling, general, & admin. expense for the six months ended in Mar. 2026 was R79 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R154 Mil.


Fairvest  (JSE:FTB) 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.


Fairvest Selling, General, & Admin. Expense Related Terms


Fairvest Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Fairvest'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.

Fairvest Selling, General, & Admin. Expense Chart

Fairvest Annual Data
Trend Jun21 Sep23 Sep24 Sep25
Selling, General, & Admin. Expense
31.08 114.79 127.64 139.72

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial 54.24 73.40 64.70 75.01 78.53

JSE:FTB vs SPG, O, KIM: Selling, General, & Admin. Expense Comparison

For the REIT - Retail subindustry, Fairvest'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.


Fairvest Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Fairvest's Selling, General, & Admin. Expense distribution charts can be found below:

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


JSE:FTB
60GF Score
Fairvest Ltd JSE:FTB
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Fairvest 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 R154 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 R154 Mil mean?
Fairvest (JSE:FTB) has a Selling, General, & Admin. Expense of R154 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 Fairvest and its competitors.
Is Fairvest's Selling, General, & Admin. Expense too high?
Fairvest's current Selling, General, & Admin. Expense is R154 Mil. Overall, Fairvest has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fairvest's Selling, General, & Admin. Expense compare to SPG and O?
Fairvest's Selling, General, & Admin. Expense of R154 Mil can be compared against companies in the REITs 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 REITs company?
A good Selling, General, & Admin. Expense depends on the REITs 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 Fairvest and its competitors. Fairvest's current Selling, General, & Admin. Expense is R154 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairvest stock overvalued right now?
Based on GuruFocus' analysis, Fairvest (JSE:FTB) is currently considered Modestly Overvalued. The stock's GF Value™ is R6.31, compared to a current price of R7.12 — trading 12.8% above its estimated fair value. The current Selling, General, & Admin. Expense is R154 Mil. Fairvest's overall GF Score™ is 60/100 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 Fairvest (JSE:FTB), the current Selling, General, & Admin. Expense is R154 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 Fairvest (JSE:FTB) Overvalued in 2026?

Based on GuruFocus' analysis, Fairvest stock appears to be overvalued. The current stock price of R7.12 is trading 12.8% above its estimated GF Value™ of R6.31. GuruFocus considers Fairvest to be Modestly Overvalued.

Key valuation signals for JSE:FTB:

  • Selling, General, & Admin. Expense: R154 Mil
  • GF Value™: R6.31 vs. price of R7.12 (12.8% above fair value)
  • GF Score™: 60/100 with 7 warning signs

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


Fairvest Business Description

Industry Real EstateREITs
Address 1 Sturdee Avenue, Rosebank, 3rd Floor, Upper Building, Johannesburg, GT, ZAF, 2196
Fairvest Ltd is a diversified real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial and Retail, Residential and overheads. The majority is from the Retail segment. Geographically, it is located in South Africa but its geographic segments ranges in Gauteng, Western Cape, KwaZuluNatal, Eastern Cape, Limpopo, Mpumalanga, North West Northern Cape,Free State and Other. The key revenue here is observed in the western cape region.
60GF Score

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

R7.12
Price
R6.31
GF Value