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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. IPAS Indexo's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was €2.19 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €7.94 Mil.
IPAS Indexo (ORSE:IDX1R) 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.
IPAS Indexo Selling, General, & Admin. Expense Related Terms
IPAS Indexo Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for IPAS Indexo'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.
IPAS Indexo Selling, General, & Admin. Expense Chart
ORSE:IDX1R vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, IPAS Indexo'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.
IPAS Indexo Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, IPAS Indexo's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where IPAS Indexo's Selling, General, & Admin. Expense falls into.
IPAS Indexo 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €7.94 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 €7.94 Mil mean?
IPAS Indexo (ORSE:IDX1R) has a Selling, General, & Admin. Expense of €7.94 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on IPAS Indexo and its competitors.
Is IPAS Indexo's Selling, General, & Admin. Expense too high?
IPAS Indexo's current Selling, General, & Admin. Expense is €7.94 Mil. Overall, IPAS Indexo has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPAS Indexo's Selling, General, & Admin. Expense compare to BLK and BX?
IPAS Indexo's Selling, General, & Admin. Expense of €7.94 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management 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 IPAS Indexo and its competitors. IPAS Indexo's current Selling, General, & Admin. Expense is €7.94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPAS Indexo stock overvalued right now?
Based on GuruFocus' analysis, IPAS Indexo (ORSE:IDX1R) is currently considered Possible Value Trap. The stock's GF Value™ is €15.41, compared to a current price of €9.14 — trading 40.7% below its estimated fair value. The current Selling, General, & Admin. Expense is €7.94 Mil. IPAS Indexo's overall GF Score™ is 67/100 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 IPAS Indexo (ORSE:IDX1R), the current Selling, General, & Admin. Expense is €7.94 Mil as of Mar. 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 IPAS Indexo (ORSE:IDX1R) Overvalued in 2026?
Based on GuruFocus' analysis, IPAS Indexo stock appears to be undervalued.
The current stock price of €9.14 is trading 40.7% below its estimated GF Value™ of €15.41.
GuruFocus considers IPAS Indexo to be Possible Value Trap.
Key valuation signals for ORSE:IDX1R:
Selling, General, & Admin. Expense: €7.94 Mil
GF Value™: €15.41 vs. price of €9.14 (40.7% below fair value)
No single metric tells the full story. See the ORSE:IDX1R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPAS Indexo is a licensed investment management company. Along with its subsidiaries, it operates in the following segments: Asset management, Bank development, and Non-bank lending. Maximum revenue is generated from the Asset Management segment, which includes management of the assets of state-funded pension scheme investment plans and private pension scheme investment plans. The Bank development segment represents the income generated from the provision of various banking services (including accepting deposits, granting loans, offering payment solutions, issuing credit cards, etc.) by its banking subsidiary, and the Non-bank lending represents its non-bank lending activities. Geographically, the group's maximum revenue is generated from Latvia, and rest from the European Economic Area.
67GF Score
Get the complete analysis for ORSE:IDX1R
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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