Value-Holdings AG (STU:VHO) Selling, General, & Admin. Expense: €0.02 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

STU:VHO Value-Holdings AG STU:VHO
76 GF Score
Price €7.15
GF Value €11.20
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Value-Holdings AG Selling, General, & Admin. Expense?

Value-Holdings AG STU:VHO 76 Selling, General, & Admin. Expense is €0.02 Mil as of Dec. 2025. GuruFocus rates STU:VHO with a GF Score™ of 76/100 and a GF Value™ of €11.20 (Significantly Undervalued). 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. Value-Holdings AG's selling, general, & admin. expense for the six months ended in Dec. 2025 was €0.02 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €0.02 Mil.


Value-Holdings AG  (STU:VHO) 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.


Value-Holdings AG Selling, General, & Admin. Expense Related Terms


Value-Holdings AG Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Value-Holdings AG'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.

Value-Holdings AG Selling, General, & Admin. Expense Chart

Value-Holdings AG 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 0.03 0.03 0.03 0.04 0.02

Value-Holdings AG Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 0.04 0.02

STU:VHO vs MS, GS, SCHW: Selling, General, & Admin. Expense Comparison

For the Capital Markets subindustry, Value-Holdings AG'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.


Value-Holdings AG Selling, General, & Admin. Expense vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Value-Holdings AG's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Value-Holdings AG's Selling, General, & Admin. Expense falls into.


STU:VHO
76GF Score
Value-Holdings AG STU:VHO
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Value-Holdings AG 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2025 was €0.02 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 €0.02 Mil mean?
Value-Holdings AG (STU:VHO) has a Selling, General, & Admin. Expense of €0.02 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 Value-Holdings AG and its competitors.
Is Value-Holdings AG's Selling, General, & Admin. Expense too high?
Value-Holdings AG's current Selling, General, & Admin. Expense is €0.02 Mil. Overall, Value-Holdings AG has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Value-Holdings AG's Selling, General, & Admin. Expense compare to MS and GS?
Value-Holdings AG's Selling, General, & Admin. Expense of €0.02 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets 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 Value-Holdings AG and its competitors. Value-Holdings AG's current Selling, General, & Admin. Expense is €0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value-Holdings AG stock overvalued right now?
Based on GuruFocus' analysis, Value-Holdings AG (STU:VHO) is currently considered Significantly Undervalued. The stock's GF Value™ is €11.20, compared to a current price of €7.15 — trading 36.2% below its estimated fair value. The current Selling, General, & Admin. Expense is €0.02 Mil. Value-Holdings AG's overall GF Score™ is 76/100 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 Value-Holdings AG (STU:VHO), the current Selling, General, & Admin. Expense is €0.02 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 Value-Holdings AG (STU:VHO) Overvalued in 2026?

Based on GuruFocus' analysis, Value-Holdings AG stock appears to be undervalued. The current stock price of €7.15 is trading 36.2% below its estimated GF Value™ of €11.20. GuruFocus considers Value-Holdings AG to be Significantly Undervalued.

Key valuation signals for STU:VHO:

  • Selling, General, & Admin. Expense: €0.02 Mil
  • GF Value™: €11.20 vs. price of €7.15 (36.2% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


Value-Holdings AG Business Description

Address Donauworther Strasse 3, Gersthofen, DEU, 86368
Value-Holdings AG is a German investment company that acquires shareholdings in listed medium-sized companies. It invests in its own portfolio, as well as managing third-party investment funds. The company along with its subsidiaries also advises institutional investors on investing as per the value-investing strategies. It manages two funds namely Value Holdings Germany Fund and Value Holdings Europe Fund.
76GF Score

Get the complete analysis for STU:VHO

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

€7.15
Price
€11.20
GF Value