Ermenegildo Zegna NV (STU:JN0) Selling, General, & Admin. Expense: €1,189 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

STU:JN0 Ermenegildo Zegna NV STU:JN0
82 GF Score
Price €10.79
GF Value €9.84
Valuation Fairly Valued
! 1 Warning Sign
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What is Ermenegildo Zegna NV Selling, General, & Admin. Expense?

Ermenegildo Zegna NV STU:JN0 82 Selling, General, & Admin. Expense is €1,189 Mil as of Jun. 2026. GuruFocus rates STU:JN0 with a GF Score™ of 82/100 and a GF Value™ of €9.84 (Fairly Valued). The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Ermenegildo Zegna NV's selling, general, & admin. expense for the six months ended in Jun. 2026 was €599 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €1,189 Mil.


Ermenegildo Zegna NV  (STU:JN0) 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.


Ermenegildo Zegna NV Selling, General, & Admin. Expense Related Terms


Ermenegildo Zegna NV Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Ermenegildo Zegna NV'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.

Ermenegildo Zegna NV Selling, General, & Admin. Expense Chart

Ermenegildo Zegna NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 890.73 780.23 1,016.17 1,129.71 1,154.56

Ermenegildo Zegna NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 564.36 565.35 564.69 589.87 599.28

STU:JN0 vs PVH, KTB, COLM: Selling, General, & Admin. Expense Comparison

For the Apparel Manufacturing subindustry, Ermenegildo Zegna NV'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.


Ermenegildo Zegna NV Selling, General, & Admin. Expense vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ermenegildo Zegna NV's Selling, General, & Admin. Expense distribution charts can be found below:

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


STU:JN0
82GF Score
Ermenegildo Zegna NV STU:JN0
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ermenegildo Zegna NV 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1,189 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 €1,189 Mil mean?
Ermenegildo Zegna NV (STU:JN0) has a Selling, General, & Admin. Expense of €1,189 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ermenegildo Zegna NV and its competitors.
Is Ermenegildo Zegna NV's Selling, General, & Admin. Expense too high?
Ermenegildo Zegna NV's current Selling, General, & Admin. Expense is €1,189 Mil. Overall, Ermenegildo Zegna NV has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ermenegildo Zegna NV's Selling, General, & Admin. Expense compare to PVH and KTB?
Ermenegildo Zegna NV's Selling, General, & Admin. Expense of €1,189 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Selling, General, & Admin. Expense depends on the Manufacturing - Apparel & Accessories 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 Ermenegildo Zegna NV and its competitors. Ermenegildo Zegna NV's current Selling, General, & Admin. Expense is €1,189 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ermenegildo Zegna NV stock overvalued right now?
Based on GuruFocus' analysis, Ermenegildo Zegna NV (STU:JN0) is currently considered Fairly Valued. The stock's GF Value™ is €9.84, compared to a current price of €10.79 — trading 9.7% above its estimated fair value. The current Selling, General, & Admin. Expense is €1,189 Mil. Ermenegildo Zegna NV's overall GF Score™ is 82/100 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 Ermenegildo Zegna NV (STU:JN0), the current Selling, General, & Admin. Expense is €1,189 Mil as of Jun. 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 Ermenegildo Zegna NV (STU:JN0) Overvalued in 2026?

Based on GuruFocus' analysis, Ermenegildo Zegna NV stock appears to be overvalued. The current stock price of €10.79 is trading 9.7% above its estimated GF Value™ of €9.84. GuruFocus considers Ermenegildo Zegna NV to be Fairly Valued.

Key valuation signals for STU:JN0:

  • Selling, General, & Admin. Expense: €1,189 Mil
  • GF Value™: €9.84 vs. price of €10.79 (9.7% above fair value)
  • GF Score™: 82/100 with 1 warning sign

No single metric tells the full story. See the STU:JN0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ermenegildo Zegna NV Business Description

Other Exchanges ZGN:USA
Address Viale Roma 99/100, Valdilana location, Trivero, ITA, 13835
Ermenegildo Zegna NV designs creates, and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear, and accessories under the Thom Browne brand. The company operates in three segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile, and Third Party Brands); the Thom Browne segment, and the Tom Ford Fashion segment. The company generates the majority of revenue from the Zegna segment.
82GF Score

Get the complete analysis for STU:JN0

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

€10.79
Price
€9.84
GF Value