Invicta Holdings (JSE:IVT) Selling, General, & Admin. Expense: R2,056 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:IVT Invicta Holdings Ltd JSE:IVT
79 GF Score
Price R36.00
GF Value R39.56
Valuation Fairly Valued
! 6 Warning Signs
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What is Invicta Holdings Selling, General, & Admin. Expense?

Invicta Holdings JSE:IVT 79 Selling, General, & Admin. Expense is R2,056 Mil as of Mar. 2026. GuruFocus rates JSE:IVT with a GF Score™ of 79/100 and a GF Value™ of R39.56 (Fairly Valued). 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. Invicta Holdings's selling, general, & admin. expense for the six months ended in Mar. 2026 was R1,029 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R2,056 Mil.


Invicta Holdings  (JSE:IVT) 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.


Invicta Holdings Selling, General, & Admin. Expense Related Terms


Invicta Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Invicta 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.

Invicta Holdings Selling, General, & Admin. Expense Chart

Invicta 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 1,546.55 1,870.46 1,832.41 1,875.31 2,055.59

Invicta 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 920.26 920.71 954.60 1,026.18 1,029.40

JSE:IVT vs GWW, FAST, FERG: Selling, General, & Admin. Expense Comparison

For the Industrial Distribution subindustry, Invicta 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.


Invicta Holdings Selling, General, & Admin. Expense vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Invicta Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

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


JSE:IVT
79GF Score
Invicta Holdings Ltd JSE:IVT
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Invicta 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 R2,056 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 R2,056 Mil mean?
Invicta Holdings (JSE:IVT) has a Selling, General, & Admin. Expense of R2,056 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 Invicta Holdings and its competitors.
Is Invicta Holdings' Selling, General, & Admin. Expense too high?
Invicta Holdings' current Selling, General, & Admin. Expense is R2,056 Mil. Overall, Invicta Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Invicta Holdings' Selling, General, & Admin. Expense compare to GWW and FAST?
Invicta Holdings' Selling, General, & Admin. Expense of R2,056 Mil can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Selling, General, & Admin. Expense depends on the Industrial Distribution 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 Invicta Holdings and its competitors. Invicta Holdings's current Selling, General, & Admin. Expense is R2,056 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Invicta Holdings stock overvalued right now?
Based on GuruFocus' analysis, Invicta Holdings (JSE:IVT) is currently considered Fairly Valued. The stock's GF Value™ is R39.56, compared to a current price of R36.00 — trading 9% below its estimated fair value. The current Selling, General, & Admin. Expense is R2,056 Mil. Invicta Holdings' overall GF Score™ is 79/100 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 Invicta Holdings (JSE:IVT), the current Selling, General, & Admin. Expense is R2,056 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 Invicta Holdings (JSE:IVT) Overvalued in 2026?

Based on GuruFocus' analysis, Invicta Holdings stock appears to be undervalued. The current stock price of R36.00 is trading 9% below its estimated GF Value™ of R39.56. GuruFocus considers Invicta Holdings to be Fairly Valued.

Key valuation signals for JSE:IVT:

  • Selling, General, & Admin. Expense: R2,056 Mil
  • GF Value™: R39.56 vs. price of R36.00 (9% below fair value)
  • GF Score™: 79/100 with 6 warning signs

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


Invicta Holdings Business Description

Other Exchanges IVCHF:USAI5J:Germany
Address 3 Droste Crescent, Droste Park Extension 7, Jeppestown, Johannesburg, GT, ZAF, 2001
Invicta Holdings Ltd is an investment holding management company. The company's segment includes Replacement Parts, Services, and Solutions for Earth-Moving Equipment (RPE), Industrial sectors (RPI), and Auto-Agri applications (RPA), along with Kian Ann Group (KAG). It also offers Capital Equipment and Related Parts and Services which Kian Ann Group supports. It earns the majority of the revenue from RPI Industrial segment.
79GF Score

Get the complete analysis for JSE:IVT

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

R36.00
Price
R39.56
GF Value