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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Magellan Financial Group's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was $24.6 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $60.6 Mil.
Magellan Financial Group (OTCPK:MGLLF) 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.
Magellan Financial Group Selling, General, & Admin. Expense Related Terms
Magellan Financial Group Selling, General, & Admin. Expense Historical Data
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The historical data trend for Magellan Financial Group'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.
Magellan Financial Group Selling, General, & Admin. Expense Chart
MGLLF vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, Magellan Financial Group'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.
Magellan Financial Group Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Magellan Financial Group's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Magellan Financial Group's Selling, General, & Admin. Expense falls into.
Magellan Financial Group 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 $60.6 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 $60.6 Mil mean?
Magellan Financial Group (MGLLF) has a Selling, General, & Admin. Expense of $60.6 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 Magellan Financial Group and its competitors.
Is Magellan Financial Group's Selling, General, & Admin. Expense too high?
Magellan Financial Group's current Selling, General, & Admin. Expense is $60.6 Mil. Overall, Magellan Financial Group has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Magellan Financial Group's Selling, General, & Admin. Expense compare to BLK and BX?
Magellan Financial Group's Selling, General, & Admin. Expense of $60.6 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 Magellan Financial Group and its competitors. Magellan Financial Group's current Selling, General, & Admin. Expense is $60.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Financial Group stock overvalued right now?
Magellan Financial Group (MGLLF) has a current Selling, General, & Admin. Expense of $60.6 Mil. The stock's GF Value™ is $4.00, compared to a current price of $6.42 — trading 60.5% above its estimated fair value. The current Selling, General, & Admin. Expense is $60.6 Mil. Magellan Financial Group's overall GF Score™ is 55/100 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 Magellan Financial Group (MGLLF), the current Selling, General, & Admin. Expense is $60.6 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 Magellan Financial Group (MGLLF) Overvalued in 2026?
Based on GuruFocus' analysis, Magellan Financial Group stock appears to be overvalued.
The current stock price of $6.42 is trading 60.5% above its estimated GF Value™ of $4.00.
Key valuation signals for MGLLF:
Selling, General, & Admin. Expense: $60.6 Mil
GF Value™: $4.00 vs. price of $6.42 (60.5% above fair value)
No single metric tells the full story. See the MGLLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magellan Financial Group was established in 2006 as an active asset manager, before merging with Barrenjoey in 2026 to add investment banking to its offering. The heritage asset management business specializes in global, infrastructure, and Australian equities for domestic retail and institutional investors. More recently, the firm has partnered with external asset managers to distribute funds in areas outside its own investment expertise. Barrenjoey, meanwhile, operates across advisory, capital markets, research and execution, and private capital, holding market-leading positions across several business lines relative to domestic rivals.
55GF 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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