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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Codere Online Luxembourg's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was MXN1,834 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was MXN3,707 Mil.
Codere Online Luxembourg (MEX:CDRON) 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.
Codere Online Luxembourg Selling, General, & Admin. Expense Related Terms
Codere Online Luxembourg Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Codere Online Luxembourg'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.
Codere Online Luxembourg Selling, General, & Admin. Expense Chart
MEX:CDRON vs INSE, MRDN, ROLR: Selling, General, & Admin. Expense Comparison
For the Gambling subindustry, Codere Online Luxembourg'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.
Codere Online Luxembourg Selling, General, & Admin. Expense vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Codere Online Luxembourg's Selling, General, & Admin. Expense falls into.
Codere Online Luxembourg 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 MXN3,707 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 MXN3,707 Mil mean?
Codere Online Luxembourg (MEX:CDRON) has a Selling, General, & Admin. Expense of MXN3,707 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 Codere Online Luxembourg and its competitors.
Is Codere Online Luxembourg's Selling, General, & Admin. Expense too high?
Codere Online Luxembourg's current Selling, General, & Admin. Expense is MXN3,707 Mil. Overall, Codere Online Luxembourg has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's Selling, General, & Admin. Expense compare to INSE and MRDN?
Codere Online Luxembourg's Selling, General, & Admin. Expense of MXN3,707 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Selling, General, & Admin. Expense depends on the Travel & Leisure 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 Codere Online Luxembourg and its competitors. Codere Online Luxembourg's current Selling, General, & Admin. Expense is MXN3,707 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codere Online Luxembourg stock overvalued right now?
Based on GuruFocus' analysis, Codere Online Luxembourg (MEX:CDRON) is currently considered Fairly Valued. The stock's GF Value™ is MXN167.96, compared to a current price of MXN170.05 — trading 1.2% above its estimated fair value. The current Selling, General, & Admin. Expense is MXN3,707 Mil. Codere Online Luxembourg's overall GF Score™ is 63/100 with 2 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 Codere Online Luxembourg (MEX:CDRON), the current Selling, General, & Admin. Expense is MXN3,707 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 Codere Online Luxembourg (MEX:CDRON) Overvalued in 2026?
Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be overvalued.
The current stock price of MXN170.05 is trading 1.2% above its estimated GF Value™ of MXN167.96.
GuruFocus considers Codere Online Luxembourg to be Fairly Valued.
Key valuation signals for MEX:CDRON:
Selling, General, & Admin. Expense: MXN3,707 Mil
GF Value™: MXN167.96 vs. price of MXN170.05 (1.2% above fair value)
No single metric tells the full story. See the MEX:CDRON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.
63GF Score
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