Scales (NZSE:SCL) Selling, General, & Admin. Expense: NZ$223.6 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.

NZSE:SCL Scales Corp Ltd NZSE:SCL
100 GF Score
Price NZ$6.55
GF Value NZ$6.93
Valuation Fairly Valued
! 3 Warning Signs
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What is Scales Selling, General, & Admin. Expense?

Scales NZSE:SCL +0.77% 100 Selling, General, & Admin. Expense is NZ$223.6 Mil as of Dec. 2025. GuruFocus rates NZSE:SCL with a GF Score™ of 100/100 and a GF Value™ of NZ$6.93 (Fairly Valued). The stock has 3 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. Scales's selling, general, & admin. expense for the six months ended in Dec. 2025 was NZ$189.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$223.6 Mil.


Scales  (NZSE:SCL) 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.


Scales Selling, General, & Admin. Expense Related Terms


Scales Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Scales'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.

Scales Selling, General, & Admin. Expense Chart

Scales 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 165.20 217.63 185.33 189.20 223.62

Scales 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 153.92 29.12 160.08 33.68 189.94

NZSE:SCL vs KHC, GIS, HRL: Selling, General, & Admin. Expense Comparison

For the Packaged Foods subindustry, Scales'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.


Scales Selling, General, & Admin. Expense vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Scales's Selling, General, & Admin. Expense distribution charts can be found below:

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


NZSE:SCL
100GF Score
Scales Corp Ltd NZSE:SCL
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Scales 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$223.6 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$223.6 Mil mean?
Scales (NZSE:SCL) has a Selling, General, & Admin. Expense of NZ$223.6 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 Scales and its competitors.
Is Scales' Selling, General, & Admin. Expense too high?
Scales' current Selling, General, & Admin. Expense is NZ$223.6 Mil. Overall, Scales has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scales' Selling, General, & Admin. Expense compare to KHC and GIS?
Scales' Selling, General, & Admin. Expense of NZ$223.6 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Selling, General, & Admin. Expense depends on the Consumer Packaged Goods 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 Scales and its competitors. Scales's current Selling, General, & Admin. Expense is NZ$223.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scales stock overvalued right now?
Based on GuruFocus' analysis, Scales (NZSE:SCL) is currently considered Fairly Valued. The stock's GF Value™ is NZ$6.93, compared to a current price of NZ$6.55 — trading 5.5% below its estimated fair value. The current Selling, General, & Admin. Expense is NZ$223.6 Mil. Scales' overall GF Score™ is 100/100 with 3 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 Scales (NZSE:SCL), the current Selling, General, & Admin. Expense is NZ$223.6 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 Scales (NZSE:SCL) Overvalued in 2026?

Based on GuruFocus' analysis, Scales stock appears to be undervalued. The current stock price of NZ$6.55 is trading 5.5% below its estimated GF Value™ of NZ$6.93. GuruFocus considers Scales to be Fairly Valued.

Key valuation signals for NZSE:SCL:

  • Selling, General, & Admin. Expense: NZ$223.6 Mil
  • GF Value™: NZ$6.93 vs. price of NZ$6.55 (5.5% below fair value)
  • GF Score™: 100/100 with 3 warning signs

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


Scales Business Description

Other Exchanges S05:Germany
Address 52 Cashel Street, Christchurch, NZL, 8013
Scales Corp Ltd is a company engaged in agribusiness activities. It is principally engaged in the manufacture and trade of food ingredients, growing apples, operating processing facilities, exporting products, providing logistics services and providing insurance services to companies within the Group. The company's operating segments are Global Proteins, Horticulture, Logistics, and Others. The majority of the revenue for the company is generated from the Global Proteins segment, which is engaged in the processing and marketing of proteins such as pet food ingredients, edible meat, and offal products. Geographically, the company generates the maximum revenue from Asia and the rest from New Zealand, North America, Europe, and other regions.
100GF 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.

NZ$6.55
Price
NZ$6.93
GF Value