The Securities House KSC (KUW:SECH) Selling, General, & Admin. Expense: KWD1.84 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

What is The Securities House KSC Selling, General, & Admin. Expense?

The Securities House KSC KUW:SECH +1.93% Selling, General, & Admin. Expense is KWD1.84 Mil as of Jun. 2026. The stock has 5 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. The Securities House KSC's selling, general, & admin. expense for the three months ended in Jun. 2026 was KWD0.57 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was KWD1.84 Mil.


The Securities House KSC  (KUW:SECH) 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.


The Securities House KSC Selling, General, & Admin. Expense Related Terms


The Securities House KSC Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for The Securities House KSC'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.

The Securities House KSC Selling, General, & Admin. Expense Chart

The Securities House KSC 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 0.50 1.11 1.16 1.48 1.46

The Securities House KSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.33 0.36 0.44 0.47 0.57

KUW:SECH vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, The Securities House KSC'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.


The Securities House KSC Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, The Securities House KSC's Selling, General, & Admin. Expense distribution charts can be found below:

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



The Securities House KSC 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD1.84 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 KWD1.84 Mil mean?
The Securities House KSC (KUW:SECH) has a Selling, General, & Admin. Expense of KWD1.84 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on The Securities House KSC and its competitors.
Is The Securities House KSC's Selling, General, & Admin. Expense too high?
The Securities House KSC's current Selling, General, & Admin. Expense is KWD1.84 Mil.
How does The Securities House KSC's Selling, General, & Admin. Expense compare to BLK and BX?
The Securities House KSC's Selling, General, & Admin. Expense of KWD1.84 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management 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 The Securities House KSC and its competitors. The Securities House KSC's current Selling, General, & Admin. Expense is KWD1.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Securities House KSC stock overvalued right now?
Based on GuruFocus' analysis, The Securities House KSC (KUW:SECH) is currently considered Possible Value Trap. The stock's GF Value™ is KWD0.13, compared to a current price of KWD0.09 — trading 30.8% below its estimated fair value. The current Selling, General, & Admin. Expense is KWD1.84 Mil. 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 The Securities House KSC (KUW:SECH), the current Selling, General, & Admin. Expense is KWD1.84 Mil as of Jun. 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.

The Securities House KSC Business Description

Address Khalid Ibn Al-Waleed Street, P.O.Box 26972, 18th Floor, Al-Dhow Tower, Sharq, Safat, KWT, 13130
The Securities House KSC is an investment company. The services of the company include dealing and brokerage in securities, Equity portfolio management, Private equity investments, International real estate development investments, International yeilding real estate investments, and others. The segments of the company include Proprietary investment management; Asset management, advisory, and brokerage services; and commercial activities.