Custodian Investment (NSA:CUSTODIAN) Selling, General, & Admin. Expense: ₦4,650 Mil (TTM As of Jun. 2026)

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Vera Yuan
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.

NSA:CUSTODIAN Custodian Investment PLC NSA:CUSTODIAN
61 GF Score
Price ₦71.85
GF Value ₦29.72
Valuation Significantly Overvalued
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What is Custodian Investment Selling, General, & Admin. Expense?

Custodian Investment NSA:CUSTODIAN 61 Selling, General, & Admin. Expense is ₦4,650 Mil as of Jun. 2026. GuruFocus rates NSA:CUSTODIAN with a GF Score™ of 61/100 and a GF Value™ of ₦29.72 (Significantly Overvalued).

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Custodian Investment's selling, general, & admin. expense for the three months ended in Jun. 2026 was ₦1,294 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₦4,650 Mil.


Custodian Investment  (NSA:CUSTODIAN) 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.


Custodian Investment Selling, General, & Admin. Expense Related Terms


Custodian Investment Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Custodian Investment'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.

Custodian Investment Selling, General, & Admin. Expense Chart

Custodian Investment 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 3,377.96 3,458.45 4,243.76 6,626.93 6,710.27

Custodian Investment 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 2,346.61 517.17 1,656.49 1,181.46 1,294.43

NSA:CUSTODIAN vs BRK.A, AIG, HIG: Selling, General, & Admin. Expense Comparison

For the Insurance - Diversified subindustry, Custodian Investment'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.


Custodian Investment Selling, General, & Admin. Expense vs Insurance Industry

For the Insurance industry and Financial Services sector, Custodian Investment's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Custodian Investment's Selling, General, & Admin. Expense falls into.


NSA:CUSTODIAN
61GF Score
Custodian Investment PLC NSA:CUSTODIAN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Custodian Investment 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 ₦4,650 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 ₦4,650 Mil mean?
Custodian Investment (NSA:CUSTODIAN) has a Selling, General, & Admin. Expense of ₦4,650 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 Custodian Investment and its competitors.
Is Custodian Investment's Selling, General, & Admin. Expense too high?
Custodian Investment's current Selling, General, & Admin. Expense is ₦4,650 Mil. Overall, Custodian Investment has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Custodian Investment's Selling, General, & Admin. Expense compare to BRK.A and AIG?
Custodian Investment's Selling, General, & Admin. Expense of ₦4,650 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Selling, General, & Admin. Expense depends on the Insurance 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 Custodian Investment and its competitors. Custodian Investment's current Selling, General, & Admin. Expense is ₦4,650 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Custodian Investment stock overvalued right now?
Based on GuruFocus' analysis, Custodian Investment (NSA:CUSTODIAN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦29.72, compared to a current price of ₦71.85 — trading 141.8% above its estimated fair value. The current Selling, General, & Admin. Expense is ₦4,650 Mil. Custodian Investment's overall GF Score™ is 61/100. 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 Custodian Investment (NSA:CUSTODIAN), the current Selling, General, & Admin. Expense is ₦4,650 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 Custodian Investment (NSA:CUSTODIAN) Overvalued in 2026?

Based on GuruFocus' analysis, Custodian Investment stock appears to be overvalued. The current stock price of ₦71.85 is trading 141.8% above its estimated GF Value™ of ₦29.72. GuruFocus considers Custodian Investment to be Significantly Overvalued.

Key valuation signals for NSA:CUSTODIAN:

  • Selling, General, & Admin. Expense: ₦4,650 Mil
  • GF Value™: ₦29.72 vs. price of ₦71.85 (141.8% above fair value)
  • GF Score™: 61/100

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


Custodian Investment Business Description

Address 16A, Commercial Avenue, Custodian House, P.O. Box 2101, Sabo, Yaba, Lagos, NGA
Custodian Investment PLC is an investment holding company having interests in Life Insurance, General Insurance, Pensions, Trustees, Property and Financial Services Business. Its segments include Property/Casualty Insurance, Life Insurance, Pension Asset Management, Trusteeship/Company Secretary Services, Hospitality, Asset Management, and Property development and management. The majority of the revenue is derived from Property development and management segment.
61GF Score

Get the complete analysis for NSA:CUSTODIAN

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

₦71.85
Price
₦29.72
GF Value