NZRFF (Channel Infrastructure NZ) Selling, General, & Admin. Expense: $17.31 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.

NZRFF Channel Infrastructure NZ Ltd NZRFF
58 GF Score
Price $1.62
GF Value $0.88
! 12 Warning Signs
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What is Channel Infrastructure NZ Selling, General, & Admin. Expense?

Channel Infrastructure NZ NZRFF 58 Selling, General, & Admin. Expense is $17.31 Mil as of Dec. 2025. GuruFocus rates NZRFF with a GF Score™ of 58/100 and a GF Value™ of $0.88. The stock has 12 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. Channel Infrastructure NZ's selling, general, & admin. expense for the six months ended in Dec. 2025 was $6.91 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $17.31 Mil.


Channel Infrastructure NZ  (OTCPK:NZRFF) 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.


Channel Infrastructure NZ Selling, General, & Admin. Expense Related Terms


Channel Infrastructure NZ Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Channel Infrastructure NZ'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.

Channel Infrastructure NZ Selling, General, & Admin. Expense Chart

Channel Infrastructure NZ 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 48.12 17.07 21.78 20.60 16.89

Channel Infrastructure NZ Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only 11.35 10.75 10.54 10.40 6.91

NZRFF vs VLO, MPC, PSX: Selling, General, & Admin. Expense Comparison

For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.


Channel Infrastructure NZ Selling, General, & Admin. Expense vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Channel Infrastructure NZ's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Channel Infrastructure NZ's Selling, General, & Admin. Expense falls into.


NZRFF
58GF Score
Channel Infrastructure NZ Ltd NZRFF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Channel Infrastructure NZ 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 $17.31 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 $17.31 Mil mean?
Channel Infrastructure NZ (NZRFF) has a Selling, General, & Admin. Expense of $17.31 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 Channel Infrastructure NZ and its competitors.
Is Channel Infrastructure NZ's Selling, General, & Admin. Expense too high?
Channel Infrastructure NZ's current Selling, General, & Admin. Expense is $17.31 Mil. Overall, Channel Infrastructure NZ has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Channel Infrastructure NZ's Selling, General, & Admin. Expense compare to VLO and MPC?
Channel Infrastructure NZ's Selling, General, & Admin. Expense of $17.31 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas 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 Channel Infrastructure NZ and its competitors. Channel Infrastructure NZ's current Selling, General, & Admin. Expense is $17.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Channel Infrastructure NZ stock overvalued right now?
Channel Infrastructure NZ (NZRFF) has a current Selling, General, & Admin. Expense of $17.31 Mil. The stock's GF Value™ is $0.88, compared to a current price of $1.62 — trading 84.1% above its estimated fair value. The current Selling, General, & Admin. Expense is $17.31 Mil. Channel Infrastructure NZ's overall GF Score™ is 58/100 with 12 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 Channel Infrastructure NZ (NZRFF), the current Selling, General, & Admin. Expense is $17.31 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 Channel Infrastructure NZ (NZRFF) Overvalued in 2026?

Based on GuruFocus' analysis, Channel Infrastructure NZ stock appears to be overvalued. The current stock price of $1.62 is trading 84.1% above its estimated GF Value™ of $0.88.

Key valuation signals for NZRFF:

  • Selling, General, & Admin. Expense: $17.31 Mil
  • GF Value™: $0.88 vs. price of $1.62 (84.1% above fair value)
  • GF Score™: 58/100 with 12 warning signs

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


Channel Infrastructure NZ Business Description

Industry EnergyOil & Gas
Address Marsden Point, Ruakaka, NTL, NZL, 0171
Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers. The company operates in one reportable segment, Infrastructure, which comprises of fuels import terminal system (including jetty infrastructure at Marsden Point, storage tanks, and the Marsden Point to Auckland pipeline), the Wiri land and terminal leases, and the fuel testing laboratories.
58GF 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.

$1.62
Price
$0.88
GF Value