Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) Selling, General, & Admin. Expense: ₽73,300 Mil (TTM As of Dec. 2023)

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MIC:MAGN Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
17 GF Score
Price ₽20.45
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What is Magnitogorsk Iron & Steel Works PJSC Selling, General, & Admin. Expense?

Magnitogorsk Iron & Steel Works PJSC MIC:MAGN -1.90% 17 Selling, General, & Admin. Expense is ₽73,300 Mil as of Dec. 2023. GuruFocus rates MIC:MAGN with a GF Score™ of 17/100.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Magnitogorsk Iron & Steel Works PJSC's selling, general, & admin. expense for the six months ended in Dec. 2023 was ₽38,772 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₽73,300 Mil.


Magnitogorsk Iron & Steel Works PJSC  (MIC:MAGN) 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.


Magnitogorsk Iron & Steel Works PJSC Selling, General, & Admin. Expense Related Terms


Magnitogorsk Iron & Steel Works PJSC Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Magnitogorsk Iron & Steel Works PJSC'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.

Magnitogorsk Iron & Steel Works PJSC Selling, General, & Admin. Expense Chart

Magnitogorsk Iron & Steel Works PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35,709.86 37,752.00 51,263.00 60,713.00 73,300.00

Magnitogorsk Iron & Steel Works PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 26,954.41 33,056.00 27,657.00 34,528.00 38,772.00

MIC:MAGN vs NUE, STLD, RS: Selling, General, & Admin. Expense Comparison

For the Steel subindustry, Magnitogorsk Iron & Steel Works PJSC'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.


Magnitogorsk Iron & Steel Works PJSC Selling, General, & Admin. Expense vs Steel Industry

For the Steel industry and Basic Materials sector, Magnitogorsk Iron & Steel Works PJSC's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Magnitogorsk Iron & Steel Works PJSC's Selling, General, & Admin. Expense falls into.


MIC:MAGN
17GF Score
Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnitogorsk Iron & Steel Works PJSC 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽73,300 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 ₽73,300 Mil mean?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a Selling, General, & Admin. Expense of ₽73,300 Mil as of Dec. 2023. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Magnitogorsk Iron & Steel Works PJSC and its competitors.
Is Magnitogorsk Iron & Steel Works PJSC's Selling, General, & Admin. Expense too high?
Magnitogorsk Iron & Steel Works PJSC's current Selling, General, & Admin. Expense is ₽73,300 Mil. Overall, Magnitogorsk Iron & Steel Works PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnitogorsk Iron & Steel Works PJSC's Selling, General, & Admin. Expense compare to NUE and STLD?
Magnitogorsk Iron & Steel Works PJSC's Selling, General, & Admin. Expense of ₽73,300 Mil can be compared against companies in the Steel 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 Steel company?
A good Selling, General, & Admin. Expense depends on the Steel 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 Magnitogorsk Iron & Steel Works PJSC and its competitors. Magnitogorsk Iron & Steel Works PJSC's current Selling, General, & Admin. Expense is ₽73,300 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnitogorsk Iron & Steel Works PJSC stock overvalued right now?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a current Selling, General, & Admin. Expense of ₽73,300 Mil. The current Selling, General, & Admin. Expense is ₽73,300 Mil. Magnitogorsk Iron & Steel Works PJSC's overall GF Score™ is 17/100. 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 Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN), the current Selling, General, & Admin. Expense is ₽73,300 Mil as of Dec. 2023. 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.

Magnitogorsk Iron & Steel Works PJSC Business Description

Address 93, Kirov Street, Chelyabinsk region, Magnitogorsk, RUS, 455000
Magnitogorsk Iron & Steel Works PJSC is a steel producer in Russia. The company's output includes a broad range of steel products with a portion being high-value-added. In Russia, the company operates a large steel-producing complex encompassing the entire production chain from iron-ore processing to downstream production of rolled steel. The company sells the majority of its metal products in Russia. The company's financial results are divided into three segments: the Russian steel segment; the Turkish steel segment; and the coal segment. The steel segment accounts for the vast majority of the company's revenue.
17GF 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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