MSC (Studio City International Holdings) Selling, General, & Admin. Expense: $188.4 Mil (TTM As of Jun. 2026)

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MSC Studio City International Holdings Ltd MSC
51 GF Score
Price $1.83
GF Value $5.19
Valuation Possible Value Trap
! 5 Warning Signs
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What is Studio City International Holdings Selling, General, & Admin. Expense?

Studio City International Holdings MSC +0.55% 51 Selling, General, & Admin. Expense is $188.4 Mil as of Jun. 2026. GuruFocus rates MSC with a GF Score™ of 51/100 and a GF Value™ of $5.19 (Possible Value Trap). The stock has 5 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. Studio City International Holdings's selling, general, & admin. expense for the three months ended in Jun. 2026 was $47.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was $188.4 Mil.


Studio City International Holdings  (NYSE:MSC) 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.


Studio City International Holdings Selling, General, & Admin. Expense Related Terms


Studio City International Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Studio City International Holdings'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.

Studio City International Holdings Selling, General, & Admin. Expense Chart

Studio City International Holdings 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 87.58 79.79 115.20 171.27 183.39

Studio City International Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 47.84 46.26 48.82 45.46 47.90

MSC vs FLL, CPHC, BALY: Selling, General, & Admin. Expense Comparison

For the Resorts & Casinos subindustry, Studio City International Holdings'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.


Studio City International Holdings Selling, General, & Admin. Expense vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Studio City International Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Studio City International Holdings's Selling, General, & Admin. Expense falls into.


MSC
51GF Score
Studio City International Holdings Ltd MSC
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Studio City International Holdings 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $188.4 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 $188.4 Mil mean?
Studio City International Holdings (MSC) has a Selling, General, & Admin. Expense of $188.4 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Studio City International Holdings and its competitors.
Is Studio City International Holdings' Selling, General, & Admin. Expense too high?
Studio City International Holdings' current Selling, General, & Admin. Expense is $188.4 Mil. Overall, Studio City International Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Studio City International Holdings' Selling, General, & Admin. Expense compare to FLL and CPHC?
Studio City International Holdings' Selling, General, & Admin. Expense of $188.4 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 Studio City International Holdings and its competitors. Studio City International Holdings's current Selling, General, & Admin. Expense is $188.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Studio City International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Studio City International Holdings (MSC) is currently considered Possible Value Trap. The stock's GF Value™ is $5.19, compared to a current price of $1.83 — trading 64.7% below its estimated fair value. The current Selling, General, & Admin. Expense is $188.4 Mil. Studio City International Holdings' overall GF Score™ is 51/100 with 5 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 Studio City International Holdings (MSC), the current Selling, General, & Admin. Expense is $188.4 Mil as of Jun. 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 Studio City International Holdings (MSC) Overvalued in 2026?

Based on GuruFocus' analysis, Studio City International Holdings stock appears to be undervalued. The current stock price of $1.83 is trading 64.7% below its estimated GF Value™ of $5.19. GuruFocus considers Studio City International Holdings to be Possible Value Trap.

Key valuation signals for MSC:

  • Selling, General, & Admin. Expense: $188.4 Mil
  • GF Value™: $5.19 vs. price of $1.83 (64.7% below fair value)
  • GF Score™: 51/100 with 5 warning signs

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


Studio City International Holdings Business Description

Address 60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Studio City International Holdings Ltd is a gaming, retail, and entertainment resort located in Cotai, Macau. It operates Studio City Casino with around 250 mass-market gaming tables; including tables for VIP rolling chip operations, and 552 gaming machines. Studio City features luxury hotel rooms, diverse food and beverage establishments, and complementary retail space. In addition, the company offers non-gaming attractions, including the world's first figure-8 Ferris wheel, a deluxe nightclub and karaoke venue, a live performance arena, an outdoor and an indoor water park. Geographically, the company derives the majority of its revenue from the Macau region.
51GF 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.

$1.83
Price
$5.19
GF Value