The Global Smaller Trust (LSE:GSCT) Selling, General, & Admin. Expense: £1.6 Mil (TTM As of Apr. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

LSE:GSCT The Global Smaller Companies Trust PLC LSE:GSCT
39 GF Score
Price £1.92
! 3 Warning Signs
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What is The Global Smaller Trust Selling, General, & Admin. Expense?

The Global Smaller Trust LSE:GSCT -1.24% 39 Selling, General, & Admin. Expense is £1.6 Mil as of Apr. 2026. GuruFocus rates LSE:GSCT with a GF Score™ of 39/100. The stock has 3 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 Global Smaller Trust's selling, general, & admin. expense for the six months ended in Apr. 2026 was £0.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Apr. 2026 was £1.6 Mil.


The Global Smaller Trust  (LSE:GSCT) 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 Global Smaller Trust Selling, General, & Admin. Expense Related Terms


The Global Smaller Trust Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for The Global Smaller Trust'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 Global Smaller Trust Selling, General, & Admin. Expense Chart

The Global Smaller Trust Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.60 1.58 2.07 1.64

The Global Smaller Trust Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 0.85 0.64 1.43 0.69 0.95

LSE:GSCT vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, The Global Smaller Trust'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 Global Smaller Trust Selling, General, & Admin. Expense vs Asset Management Industry

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

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


LSE:GSCT
39GF Score
The Global Smaller Companies Trust PLC LSE:GSCT
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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The Global Smaller Trust 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £1.6 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 £1.6 Mil mean?
The Global Smaller Trust (LSE:GSCT) has a Selling, General, & Admin. Expense of £1.6 Mil as of Apr. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on The Global Smaller Trust and its competitors.
Is The Global Smaller Trust's Selling, General, & Admin. Expense too high?
The Global Smaller Trust's current Selling, General, & Admin. Expense is £1.6 Mil. Overall, The Global Smaller Trust has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does The Global Smaller Trust's Selling, General, & Admin. Expense compare to BLK and BX?
The Global Smaller Trust's Selling, General, & Admin. Expense of £1.6 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 Global Smaller Trust and its competitors. The Global Smaller Trust's current Selling, General, & Admin. Expense is £1.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Global Smaller Trust stock overvalued right now?
The Global Smaller Trust (LSE:GSCT) has a current Selling, General, & Admin. Expense of £1.6 Mil. The current Selling, General, & Admin. Expense is £1.6 Mil. The Global Smaller Trust's overall GF Score™ is 39/100 with 3 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 The Global Smaller Trust (LSE:GSCT), the current Selling, General, & Admin. Expense is £1.6 Mil as of Apr. 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 Global Smaller Trust Business Description

Address 78 Cannon Street, Cannon Place, London, GBR, EC4N 6AG
The Global Smaller Companies Trust PLC offers investors access to a broad spread International smaller companies portfolio. Its investment objective is to invest in smaller companies world-wide to secure a high total return. The portfolio consists of individual smaller company investments within the the USA, UK, and European markets, and fund holdings targeting smaller companies in Japan, Asia, Latin America, and other smaller territories.
39GF 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.

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