Independent Petroleum Group KSCP (KUW:IPG) Selling, General, & Admin. Expense: KWD2.0 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
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KUW:IPG Independent Petroleum Group KSCP KUW:IPG
32 GF Score
Price KWD0.67
GF Value KWD0.35
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Independent Petroleum Group KSCP Selling, General, & Admin. Expense?

Independent Petroleum Group KSCP KUW:IPG +3.71% 32 Selling, General, & Admin. Expense is KWD2.0 Mil as of Mar. 2026. GuruFocus rates KUW:IPG with a GF Score™ of 32/100 and a GF Value™ of KWD0.35 (Significantly Overvalued). The stock has 10 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. Independent Petroleum Group KSCP's selling, general, & admin. expense for the three months ended in Mar. 2026 was KWD0.5 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was KWD2.0 Mil.


Independent Petroleum Group KSCP  (KUW:IPG) 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.


Independent Petroleum Group KSCP Selling, General, & Admin. Expense Related Terms


Independent Petroleum Group KSCP Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP Selling, General, & Admin. Expense Chart

Independent Petroleum Group KSCP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.17 2.75 2.11 1.90 1.89

Independent Petroleum Group KSCP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.44 0.50 0.39 0.56 0.50

KUW:IPG vs XOM, CVX: Selling, General, & Admin. Expense Comparison

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.


Independent Petroleum Group KSCP Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Independent Petroleum Group KSCP's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Independent Petroleum Group KSCP's Selling, General, & Admin. Expense falls into.


KUW:IPG
32GF Score
Independent Petroleum Group KSCP KUW:IPG
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Independent Petroleum Group KSCP 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 KWD2.0 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 KWD2.0 Mil mean?
Independent Petroleum Group KSCP (KUW:IPG) has a Selling, General, & Admin. Expense of KWD2.0 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 Independent Petroleum Group KSCP and its competitors.
Is Independent Petroleum Group KSCP's Selling, General, & Admin. Expense too high?
Independent Petroleum Group KSCP's current Selling, General, & Admin. Expense is KWD2.0 Mil. Overall, Independent Petroleum Group KSCP has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Independent Petroleum Group KSCP's Selling, General, & Admin. Expense compare to XOM and CVX?
Independent Petroleum Group KSCP's Selling, General, & Admin. Expense of KWD2.0 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas 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 Independent Petroleum Group KSCP and its competitors. Independent Petroleum Group KSCP's current Selling, General, & Admin. Expense is KWD2.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Petroleum Group KSCP stock overvalued right now?
Based on GuruFocus' analysis, Independent Petroleum Group KSCP (KUW:IPG) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.35, compared to a current price of KWD0.67 — trading 91.7% above its estimated fair value. The current Selling, General, & Admin. Expense is KWD2.0 Mil. Independent Petroleum Group KSCP's overall GF Score™ is 32/100 with 10 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 Independent Petroleum Group KSCP (KUW:IPG), the current Selling, General, & Admin. Expense is KWD2.0 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 Independent Petroleum Group KSCP (KUW:IPG) Overvalued in 2026?

Based on GuruFocus' analysis, Independent Petroleum Group KSCP stock appears to be overvalued. The current stock price of KWD0.67 is trading 91.7% above its estimated GF Value™ of KWD0.35. GuruFocus considers Independent Petroleum Group KSCP to be Significantly Overvalued.

Key valuation signals for KUW:IPG:

  • Selling, General, & Admin. Expense: KWD2.0 Mil
  • GF Value™: KWD0.35 vs. price of KWD0.67 (91.7% above fair value)
  • GF Score™: 32/100 with 10 warning signs

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


Independent Petroleum Group KSCP Business Description

Industry EnergyOil & Gas
Address Area 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The group operates in Europe, Africa and Middle East, and Asia and the Far East where Africa and the Middle East region generates maximum revenue.
32GF Score

Get the complete analysis for KUW:IPG

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

KWD0.67
Price
KWD0.35
GF Value