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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Nippon Active Value Fund's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was £0.82 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was £1.46 Mil.
Nippon Active Value Fund (LSE:NAVF) 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.
Nippon Active Value Fund Selling, General, & Admin. Expense Related Terms
Nippon Active Value Fund Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Nippon Active Value Fund'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.
Nippon Active Value Fund Selling, General, & Admin. Expense Chart
LSE:NAVF vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, Nippon Active Value Fund'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.
Nippon Active Value Fund Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Nippon Active Value Fund's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Nippon Active Value Fund's Selling, General, & Admin. Expense falls into.
Nippon Active Value Fund 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £1.46 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 £1.46 Mil mean?
Nippon Active Value Fund (LSE:NAVF) has a Selling, General, & Admin. Expense of £1.46 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nippon Active Value Fund and its competitors.
Is Nippon Active Value Fund's Selling, General, & Admin. Expense too high?
Nippon Active Value Fund's current Selling, General, & Admin. Expense is £1.46 Mil. Overall, Nippon Active Value Fund has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Active Value Fund's Selling, General, & Admin. Expense compare to BLK and BX?
Nippon Active Value Fund's Selling, General, & Admin. Expense of £1.46 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 Nippon Active Value Fund and its competitors. Nippon Active Value Fund's current Selling, General, & Admin. Expense is £1.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Active Value Fund stock overvalued right now?
Based on GuruFocus' analysis, Nippon Active Value Fund (LSE:NAVF) is currently considered Modestly Undervalued. The stock's GF Value™ is £2.52, compared to a current price of £2.28 — trading 9.5% below its estimated fair value. The current Selling, General, & Admin. Expense is £1.46 Mil. Nippon Active Value Fund's overall GF Score™ is 71/100 with 4 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 Nippon Active Value Fund (LSE:NAVF), the current Selling, General, & Admin. Expense is £1.46 Mil as of Dec. 2025. 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 Nippon Active Value Fund (LSE:NAVF) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Active Value Fund stock appears to be undervalued.
The current stock price of £2.28 is trading 9.5% below its estimated GF Value™ of £2.52.
GuruFocus considers Nippon Active Value Fund to be Modestly Undervalued.
Key valuation signals for LSE:NAVF:
Selling, General, & Admin. Expense: £1.46 Mil
GF Value™: £2.52 vs. price of £2.28 (9.5% below fair value)
No single metric tells the full story. See the LSE:NAVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Active Value Fund PLC is a closed-ended investment company. The investment objective of the company is to provide shareholders with attractive capital growth through the active management of a focused portfolio of quoted companies which have the majority of their operations in, or revenue derived from, Japan.
71GF Score
Get the complete analysis for LSE:NAVF
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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