Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) Selling, General, & Admin. Expense: NZ$29.0 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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.

NZSE:PCT Precinct Properties NZ Ltd & Precinct Properties Investments Ltd NZSE:PCT
51 GF Score
Price NZ$1.03
GF Value NZ$0.92
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Precinct Properties NZ & Precinct Properties Investments Selling, General, & Admin. Expense?

Precinct Properties NZ & Precinct Properties Investments NZSE:PCT +1.98% 51 Selling, General, & Admin. Expense is NZ$29.0 Mil as of Dec. 2025. GuruFocus rates NZSE:PCT with a GF Score™ of 51/100 and a GF Value™ of NZ$0.92 (Modestly Overvalued). The stock has 8 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. Precinct Properties NZ & Precinct Properties Investments's selling, general, & admin. expense for the six months ended in Dec. 2025 was NZ$7.1 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$29.0 Mil.


Precinct Properties NZ & Precinct Properties Investments  (NZSE:PCT) 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.


Precinct Properties NZ & Precinct Properties Investments Selling, General, & Admin. Expense Related Terms


Precinct Properties NZ & Precinct Properties Investments Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Precinct Properties NZ & Precinct Properties Investments'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.

Precinct Properties NZ & Precinct Properties Investments Selling, General, & Admin. Expense Chart

Precinct Properties NZ & Precinct Properties Investments Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.00 1.20 21.50 21.80 27.30

Precinct Properties NZ & Precinct Properties Investments 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 0.70 21.10 5.40 21.90 7.10

NZSE:PCT vs VICI, WPC, BNL: Selling, General, & Admin. Expense Comparison

For the REIT - Diversified subindustry, Precinct Properties NZ & Precinct Properties Investments'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.


Precinct Properties NZ & Precinct Properties Investments Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Precinct Properties NZ & Precinct Properties Investments's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Precinct Properties NZ & Precinct Properties Investments's Selling, General, & Admin. Expense falls into.


NZSE:PCT
51GF Score
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd NZSE:PCT
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Precinct Properties NZ & Precinct Properties Investments 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 NZ$29.0 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 NZ$29.0 Mil mean?
Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) has a Selling, General, & Admin. Expense of NZ$29.0 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 Precinct Properties NZ & Precinct Properties Investments and its competitors.
Is Precinct Properties NZ & Precinct Properties Investments' Selling, General, & Admin. Expense too high?
Precinct Properties NZ & Precinct Properties Investments' current Selling, General, & Admin. Expense is NZ$29.0 Mil. Overall, Precinct Properties NZ & Precinct Properties Investments has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precinct Properties NZ & Precinct Properties Investments' Selling, General, & Admin. Expense compare to VICI and WPC?
Precinct Properties NZ & Precinct Properties Investments' Selling, General, & Admin. Expense of NZ$29.0 Mil can be compared against companies in the REITs 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 REITs company?
A good Selling, General, & Admin. Expense depends on the REITs 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 Precinct Properties NZ & Precinct Properties Investments and its competitors. Precinct Properties NZ & Precinct Properties Investments's current Selling, General, & Admin. Expense is NZ$29.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precinct Properties NZ & Precinct Properties Investments stock overvalued right now?
Based on GuruFocus' analysis, Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.92, compared to a current price of NZ$1.03 — trading 12% above its estimated fair value. The current Selling, General, & Admin. Expense is NZ$29.0 Mil. Precinct Properties NZ & Precinct Properties Investments' overall GF Score™ is 51/100 with 8 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 Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT), the current Selling, General, & Admin. Expense is NZ$29.0 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 Precinct Properties NZ & Precinct Properties Investments (NZSE:PCT) Overvalued in 2026?

Based on GuruFocus' analysis, Precinct Properties NZ & Precinct Properties Investments stock appears to be overvalued. The current stock price of NZ$1.03 is trading 12% above its estimated GF Value™ of NZ$0.92. GuruFocus considers Precinct Properties NZ & Precinct Properties Investments to be Modestly Overvalued.

Key valuation signals for NZSE:PCT:

  • Selling, General, & Admin. Expense: NZ$29.0 Mil
  • GF Value™: NZ$0.92 vs. price of NZ$1.03 (12% above fair value)
  • GF Score™: 51/100 with 8 warning signs

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


Precinct Properties NZ & Precinct Properties Investments Business Description

Industry Real EstateREITs
Other Exchanges AOTUF:USA
Address 188 Quay Street, Level 12, Auckland, NZL, 1010
Precinct Properties NZ Ltd & Precinct Properties Investments Ltd invests predominantly in prime office properties in the central business districts of New Zealand. The company's operating segment includes Investment properties, Hotel and hospitality, Investment management, and Flexible space. It generates maximum revenue from the Investment properties segment. Some of its properties include AON Centre, NTT Tower, Jarden House, PwC Tower at Commercial Bay, and others.
51GF Score

Get the complete analysis for NZSE:PCT

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

NZ$1.03
Price
NZ$0.92
GF Value