Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Mutual Benefits Assurance's selling, general, & admin. expense for the
three
months ended in Dec. 2025 was ₦0.00 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was ₦0.00 Mil.
Mutual Benefits Assurance (NSA:MBAS) 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.
Mutual Benefits Assurance Selling, General, & Admin. Expense Related Terms
Mutual Benefits Assurance Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Mutual Benefits Assurance'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.
Mutual Benefits Assurance Selling, General, & Admin. Expense Chart
NSA:MBAS vs BRK.A, AIG, HIG: Selling, General, & Admin. Expense Comparison
For the Insurance - Diversified subindustry, Mutual Benefits Assurance'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.
Mutual Benefits Assurance Selling, General, & Admin. Expense vs Insurance Industry
For the Insurance industry and Financial Services sector, Mutual Benefits Assurance's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Mutual Benefits Assurance's Selling, General, & Admin. Expense falls into.
Mutual Benefits Assurance 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 quarterly data reported by the company within the most recent 12 months, which was ₦0.00 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 ₦0.00 Mil mean?
Mutual Benefits Assurance (NSA:MBAS) has a Selling, General, & Admin. Expense of ₦0.00 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 Mutual Benefits Assurance and its competitors.
Is Mutual Benefits Assurance's Selling, General, & Admin. Expense too high?
Mutual Benefits Assurance's current Selling, General, & Admin. Expense is ₦0.00 Mil. Overall, Mutual Benefits Assurance has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's Selling, General, & Admin. Expense compare to BRK.A and AIG?
Mutual Benefits Assurance's Selling, General, & Admin. Expense of ₦0.00 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 Mutual Benefits Assurance and its competitors. Mutual Benefits Assurance's current Selling, General, & Admin. Expense is ₦0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual Benefits Assurance stock overvalued right now?
Based on GuruFocus' analysis, Mutual Benefits Assurance (NSA:MBAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.26, compared to a current price of ₦3.39 — trading 50% above its estimated fair value. The current Selling, General, & Admin. Expense is ₦0.00 Mil. Mutual Benefits Assurance's overall GF Score™ is 61/100 with 1 warning sign 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 Mutual Benefits Assurance (NSA:MBAS), the current Selling, General, & Admin. Expense is ₦0.00 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 Mutual Benefits Assurance (NSA:MBAS) Overvalued in 2026?
Based on GuruFocus' analysis, Mutual Benefits Assurance stock appears to be overvalued.
The current stock price of ₦3.39 is trading 50% above its estimated GF Value™ of ₦2.26.
GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.
Key valuation signals for NSA:MBAS:
Selling, General, & Admin. Expense: ₦0.00 Mil
GF Value™: ₦2.26 vs. price of ₦3.39 (50% above fair value)
No single metric tells the full story. See the NSA:MBAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mutual Benefits Assurance PLC is a financial and wealth protection company in Nigeria. The principal objective of the Company is to render qualitative life related insurance & risks management services. It is a premium provider of life insurance, annuity and investment products and services. It has four reportable operating segments; assurance business, real estate, microfinance bank, and oil and gas exploration and production. The majority of revenue comes from Assurance business which covers the protection of customers' assets (Particularly their properties, both for personal and commercial business) and indemnification of other parties that have suffered damage as a result of customers accident. It has presence in Nigeria, and Liberia.
61GF Score
Get the complete analysis for NSA:MBAS
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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