Grupo Mexicano de Desarrollo S A B (MEX:GMD) Selling, General, & Admin. Expense: MXN682 Mil (TTM As of Mar. 2026)

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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.
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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.

MEX:GMD Grupo Mexicano de Desarrollo S A B MEX:GMD
55 GF Score
Price MXN6.36
GF Value MXN13.86
Valuation Possible Value Trap
! 3 Warning Signs
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What is Grupo Mexicano de Desarrollo S A B Selling, General, & Admin. Expense?

Grupo Mexicano de Desarrollo S A B MEX:GMD 55 Selling, General, & Admin. Expense is MXN682 Mil as of Mar. 2026. GuruFocus rates MEX:GMD with a GF Score™ of 55/100 and a GF Value™ of MXN13.86 (Possible Value Trap). 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. Grupo Mexicano de Desarrollo S A B's selling, general, & admin. expense for the three months ended in Mar. 2026 was MXN190 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN682 Mil.


Grupo Mexicano de Desarrollo S A B  (MEX:GMD) 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.


Grupo Mexicano de Desarrollo S A B Selling, General, & Admin. Expense Related Terms


Grupo Mexicano de Desarrollo S A B Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Grupo Mexicano de Desarrollo S A B'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.

Grupo Mexicano de Desarrollo S A B Selling, General, & Admin. Expense Chart

Grupo Mexicano de Desarrollo S A B 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 415.36 470.01 523.79 507.79 652.51

Grupo Mexicano de Desarrollo S A B 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 160.78 150.81 170.44 170.23 190.14

MEX:GMD vs AWK, WTRG, AWR: Selling, General, & Admin. Expense Comparison

For the Utilities - Regulated Water subindustry, Grupo Mexicano de Desarrollo S A B'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.


Grupo Mexicano de Desarrollo S A B Selling, General, & Admin. Expense vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grupo Mexicano de Desarrollo S A B's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Grupo Mexicano de Desarrollo S A B's Selling, General, & Admin. Expense falls into.


MEX:GMD
55GF Score
Grupo Mexicano de Desarrollo S A B MEX:GMD
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Mexicano de Desarrollo S A B 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 MXN682 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 MXN682 Mil mean?
Grupo Mexicano de Desarrollo S A B (MEX:GMD) has a Selling, General, & Admin. Expense of MXN682 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 Grupo Mexicano de Desarrollo S A B and its competitors.
Is Grupo Mexicano de Desarrollo S A B's Selling, General, & Admin. Expense too high?
Grupo Mexicano de Desarrollo S A B's current Selling, General, & Admin. Expense is MXN682 Mil. Overall, Grupo Mexicano de Desarrollo S A B has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grupo Mexicano de Desarrollo S A B's Selling, General, & Admin. Expense compare to AWK and WTRG?
Grupo Mexicano de Desarrollo S A B's Selling, General, & Admin. Expense of MXN682 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Selling, General, & Admin. Expense depends on the Utilities - Regulated 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 Grupo Mexicano de Desarrollo S A B and its competitors. Grupo Mexicano de Desarrollo S A B's current Selling, General, & Admin. Expense is MXN682 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Mexicano de Desarrollo S A B stock overvalued right now?
Based on GuruFocus' analysis, Grupo Mexicano de Desarrollo S A B (MEX:GMD) is currently considered Possible Value Trap. The stock's GF Value™ is MXN13.86, compared to a current price of MXN6.36 — trading 54.1% below its estimated fair value. The current Selling, General, & Admin. Expense is MXN682 Mil. Grupo Mexicano de Desarrollo S A B's overall GF Score™ is 55/100 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 Grupo Mexicano de Desarrollo S A B (MEX:GMD), the current Selling, General, & Admin. Expense is MXN682 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 Grupo Mexicano de Desarrollo S A B (MEX:GMD) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Mexicano de Desarrollo S A B stock appears to be undervalued. The current stock price of MXN6.36 is trading 54.1% below its estimated GF Value™ of MXN13.86. GuruFocus considers Grupo Mexicano de Desarrollo S A B to be Possible Value Trap.

Key valuation signals for MEX:GMD:

  • Selling, General, & Admin. Expense: MXN682 Mil
  • GF Value™: MXN13.86 vs. price of MXN6.36 (54.1% below fair value)
  • GF Score™: 55/100 with 3 warning signs

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


Grupo Mexicano de Desarrollo S A B Business Description

Other Exchanges GMXDF:USA
Address Carretera Mexico, Toluca 4000, Cuajimalpa, DF, MEX, 05000
Grupo Mexicano de Desarrollo S A B is engaged in the creation, construction, and administration of infrastructure projects in Mexico. It offers engineering solutions including the construction of civil works and operation of services public concessions. The infrastructure projects of the company comprise Viaducto Punta Diamante, Ecosys I y II, Industria Metalica Integrada, and Carretera Mozimba-Pie de la Cuesta among others.
55GF Score

Get the complete analysis for MEX:GMD

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

MXN6.36
Price
MXN13.86
GF Value