Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Selling, General, & Admin. Expense: KWD0.5 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.

KUW:SHIP Heavy Engineering Industries and Shipbuilding Co KSC KUW:SHIP
80 GF Score
Price KWD0.63
GF Value KWD1.06
Valuation Possible Value Trap
! 7 Warning Signs
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What is Heavy Engineering Industries and Shipbuilding Co KSC Selling, General, & Admin. Expense?

Heavy Engineering Industries and Shipbuilding Co KSC KUW:SHIP +0.48% 80 Selling, General, & Admin. Expense is KWD0.5 Mil as of Mar. 2026. GuruFocus rates KUW:SHIP with a GF Score™ of 80/100 and a GF Value™ of KWD1.06 (Possible Value Trap). 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. Heavy Engineering Industries and Shipbuilding Co KSC's selling, general, & admin. expense for the three months ended in Mar. 2026 was KWD1.7 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was KWD0.5 Mil.


Heavy Engineering Industries and Shipbuilding Co KSC  (KUW:SHIP) 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.


Heavy Engineering Industries and Shipbuilding Co KSC Selling, General, & Admin. Expense Related Terms


Heavy Engineering Industries and Shipbuilding Co KSC Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Heavy Engineering Industries and Shipbuilding Co 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.

Heavy Engineering Industries and Shipbuilding Co KSC Selling, General, & Admin. Expense Chart

Heavy Engineering Industries and Shipbuilding Co 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 0.13 0.12 0.18 0.22 0.24

Heavy Engineering Industries and Shipbuilding Co KSC 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 1.45 1.44 1.50 -4.16 1.71

KUW:SHIP vs PWR, FIX, EME: Selling, General, & Admin. Expense Comparison

For the Engineering & Construction subindustry, Heavy Engineering Industries and Shipbuilding Co 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.


Heavy Engineering Industries and Shipbuilding Co KSC Selling, General, & Admin. Expense vs Construction Industry

For the Construction industry and Industrials sector, Heavy Engineering Industries and Shipbuilding Co KSC's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Heavy Engineering Industries and Shipbuilding Co KSC's Selling, General, & Admin. Expense falls into.


KUW:SHIP
80GF Score
Heavy Engineering Industries and Shipbuilding Co KSC KUW:SHIP
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Heavy Engineering Industries and Shipbuilding Co 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.5 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 KWD0.5 Mil mean?
Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) has a Selling, General, & Admin. Expense of KWD0.5 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 Heavy Engineering Industries and Shipbuilding Co KSC and its competitors.
Is Heavy Engineering Industries and Shipbuilding Co KSC's Selling, General, & Admin. Expense too high?
Heavy Engineering Industries and Shipbuilding Co KSC's current Selling, General, & Admin. Expense is KWD0.5 Mil. Overall, Heavy Engineering Industries and Shipbuilding Co KSC has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heavy Engineering Industries and Shipbuilding Co KSC's Selling, General, & Admin. Expense compare to PWR and FIX?
Heavy Engineering Industries and Shipbuilding Co KSC's Selling, General, & Admin. Expense of KWD0.5 Mil can be compared against companies in the Construction 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 Construction company?
A good Selling, General, & Admin. Expense depends on the Construction 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 Heavy Engineering Industries and Shipbuilding Co KSC and its competitors. Heavy Engineering Industries and Shipbuilding Co KSC's current Selling, General, & Admin. Expense is KWD0.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Engineering Industries and Shipbuilding Co KSC stock overvalued right now?
Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) is currently considered Possible Value Trap. The stock's GF Value™ is KWD1.06, compared to a current price of KWD0.63 — trading 40.6% below its estimated fair value. The current Selling, General, & Admin. Expense is KWD0.5 Mil. Heavy Engineering Industries and Shipbuilding Co KSC's overall GF Score™ is 80/100 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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP), the current Selling, General, & Admin. Expense is KWD0.5 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 Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Overvalued in 2026?

Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC stock appears to be undervalued. The current stock price of KWD0.63 is trading 40.6% below its estimated GF Value™ of KWD1.06. GuruFocus considers Heavy Engineering Industries and Shipbuilding Co KSC to be Possible Value Trap.

Key valuation signals for KUW:SHIP:

  • Selling, General, & Admin. Expense: KWD0.5 Mil
  • GF Value™: KWD1.06 vs. price of KWD0.63 (40.6% below fair value)
  • GF Score™: 80/100 with 7 warning signs

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


Heavy Engineering Industries and Shipbuilding Co KSC Business Description

Address Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080
Heavy Engineering Industries and Shipbuilding Co KSC is engaged in engineering, procurement, and construction (EPC) contracting, focusing on the shipping and maritime industry in Kuwait. The Company serves sectors including oil and gas, refineries, petrochemicals, power, water distillation and desalination, shipbuilding, ship repair, dredging, and maritime construction. Its activities include industrial and marine works, installation and maintenance services, trading of equipment and spare parts, and contracting and tendering with international companies. It also provides services such as shipyard operations, fabrication, testing and calibration, quality control, scaffolding, galvanizing, onshore and offshore operations, technical manpower supply, and design and engineering services.
80GF Score

Get the complete analysis for KUW:SHIP

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

KWD0.63
Price
KWD1.06
GF Value