Confinvest Oro SpA (MIL:CFV) Selling, General, & Admin. Expense: €1.13 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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.

MIL:CFV Confinvest Oro SpA MIL:CFV
66 GF Score
Price €2.20
GF Value €2.75
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Confinvest Oro SpA Selling, General, & Admin. Expense?

Confinvest Oro SpA MIL:CFV -1.79% 66 Selling, General, & Admin. Expense is €1.13 Mil as of Dec. 2025. GuruFocus rates MIL:CFV with a GF Score™ of 66/100 and a GF Value™ of €2.75 (Modestly Undervalued). The stock has 6 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. Confinvest Oro SpA's selling, general, & admin. expense for the six months ended in Dec. 2025 was €0.56 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €1.13 Mil.


Confinvest Oro SpA  (MIL:CFV) 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.


Confinvest Oro SpA Selling, General, & Admin. Expense Related Terms


Confinvest Oro SpA Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Confinvest Oro SpA'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.

Confinvest Oro SpA Selling, General, & Admin. Expense Chart

Confinvest Oro SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only 0.81 0.96 0.68 0.75 1.13

Confinvest Oro SpA Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.56 0.56

MIL:CFV vs MS, GS, SCHW: Selling, General, & Admin. Expense Comparison

For the Capital Markets subindustry, Confinvest Oro SpA'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.


Confinvest Oro SpA Selling, General, & Admin. Expense vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Confinvest Oro SpA's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Confinvest Oro SpA's Selling, General, & Admin. Expense falls into.


MIL:CFV
66GF Score
Confinvest Oro SpA MIL:CFV
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Confinvest Oro SpA 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 €1.13 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 €1.13 Mil mean?
Confinvest Oro SpA (MIL:CFV) has a Selling, General, & Admin. Expense of €1.13 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 Confinvest Oro SpA and its competitors.
Is Confinvest Oro SpA's Selling, General, & Admin. Expense too high?
Confinvest Oro SpA's current Selling, General, & Admin. Expense is €1.13 Mil. Overall, Confinvest Oro SpA has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Confinvest Oro SpA's Selling, General, & Admin. Expense compare to MS and GS?
Confinvest Oro SpA's Selling, General, & Admin. Expense of €1.13 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets 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 Confinvest Oro SpA and its competitors. Confinvest Oro SpA's current Selling, General, & Admin. Expense is €1.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confinvest Oro SpA stock overvalued right now?
Based on GuruFocus' analysis, Confinvest Oro SpA (MIL:CFV) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.75, compared to a current price of €2.20 — trading 20% below its estimated fair value. The current Selling, General, & Admin. Expense is €1.13 Mil. Confinvest Oro SpA's overall GF Score™ is 66/100 with 6 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 Confinvest Oro SpA (MIL:CFV), the current Selling, General, & Admin. Expense is €1.13 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 Confinvest Oro SpA (MIL:CFV) Overvalued in 2026?

Based on GuruFocus' analysis, Confinvest Oro SpA stock appears to be undervalued. The current stock price of €2.20 is trading 20% below its estimated GF Value™ of €2.75. GuruFocus considers Confinvest Oro SpA to be Modestly Undervalued.

Key valuation signals for MIL:CFV:

  • Selling, General, & Admin. Expense: €1.13 Mil
  • GF Value™: €2.75 vs. price of €2.20 (20% below fair value)
  • GF Score™: 66/100 with 6 warning signs

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


Confinvest Oro SpA Business Description

Address Via della Posta, 8, Piazza Affari, opposite the Stock Exchange Building, Milan, ITA, 20123
Confinvest Oro SpA operates as a dealer of physical investment gold, engaging in the buying and selling of coins and bars that comply with international standards. The Company operates on both a national and international scale, serving both retail and wholesale markets, and utilizes insured logistics services for delivery, collection, and custody. It has developed CONTO LINGOTTO, a digital platform that, via a dedicated app, enables users to buy and sell fractional amounts of physical gold without taking physical possession of the asset.
66GF Score

Get the complete analysis for MIL:CFV

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

€2.20
Price
€2.75
GF Value