PSG Financial Services (NAM:KFS) Selling, General, & Admin. Expense: R998 Mil (TTM As of Feb. 2026)


NAM:KFS PSG Financial Services Ltd NAM:KFS
81 GF Score
Price R32.22
GF Value R21.49
Valuation Significantly Overvalued
! 7 Warning Signs
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What is PSG Financial Services Selling, General, & Admin. Expense?

PSG Financial Services NAM:KFS 81 Selling, General, & Admin. Expense is R998 Mil as of Feb. 2026. GuruFocus rates NAM:KFS with a GF Score™ of 81/100 and a GF Value™ of R21.49 (Significantly Overvalued). The stock has 7 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. PSG Financial Services's selling, general, & admin. expense for the six months ended in Feb. 2026 was R378 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Feb. 2026 was R998 Mil.


PSG Financial Services  (NAM:KFS) 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.


PSG Financial Services Selling, General, & Admin. Expense Related Terms


PSG Financial Services Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for PSG Financial Services'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.

PSG Financial Services Selling, General, & Admin. Expense Chart

PSG Financial Services Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 735.70 681.85 756.17 725.04 997.74

PSG Financial Services Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 313.69 498.46 226.58 619.47 378.27

NAM:KFS vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, PSG Financial Services'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.


PSG Financial Services Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, PSG Financial Services's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where PSG Financial Services's Selling, General, & Admin. Expense falls into.


NAM:KFS
81GF Score
PSG Financial Services Ltd NAM:KFS
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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PSG Financial Services 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R998 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 R998 Mil mean?
PSG Financial Services (NAM:KFS) has a Selling, General, & Admin. Expense of R998 Mil as of Feb. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on PSG Financial Services and its competitors.
Is PSG Financial Services' Selling, General, & Admin. Expense too high?
PSG Financial Services' current Selling, General, & Admin. Expense is R998 Mil. Overall, PSG Financial Services has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PSG Financial Services' Selling, General, & Admin. Expense compare to BLK and BX?
PSG Financial Services' Selling, General, & Admin. Expense of R998 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 PSG Financial Services and its competitors. PSG Financial Services's current Selling, General, & Admin. Expense is R998 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSG Financial Services stock overvalued right now?
Based on GuruFocus' analysis, PSG Financial Services (NAM:KFS) is currently considered Significantly Overvalued. The stock's GF Value™ is R21.49, compared to a current price of R32.22 — trading 49.9% above its estimated fair value. The current Selling, General, & Admin. Expense is R998 Mil. PSG Financial Services' overall GF Score™ is 81/100 with 7 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 PSG Financial Services (NAM:KFS), the current Selling, General, & Admin. Expense is R998 Mil as of Feb. 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 PSG Financial Services (NAM:KFS) Overvalued in 2026?

Based on GuruFocus' analysis, PSG Financial Services stock appears to be overvalued. The current stock price of R32.22 is trading 49.9% above its estimated GF Value™ of R21.49. GuruFocus considers PSG Financial Services to be Significantly Overvalued.

Key valuation signals for NAM:KFS:

  • Selling, General, & Admin. Expense: R998 Mil
  • GF Value™: R21.49 vs. price of R32.22 (49.9% above fair value)
  • GF Score™: 81/100 with 7 warning signs

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


PSG Financial Services Business Description

Other Exchanges KST:South AfricaEU4:Germany
Address 3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, WC, ZAF, 7530
PSG Financial Services Ltd is an independent financial services company. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. PSG is structured into three segments which are PSG Wealth, generating income from managed and platform assets; PSG Asset Management, deriving income from assets under management; PSG Insure, earning income from premiums and underwriting.
81GF Score

Get the complete analysis for NAM:KFS

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

R32.22
Price
R21.49
GF Value