INC (WAR:INC) Selling, General, & Admin. Expense: zł7.16 Mil (TTM As of Mar. 2026)

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Charlie Tian
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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.

WAR:INC INC SA WAR:INC
53 GF Score
Price zł1.51
GF Value zł3.94
Valuation Possible Value Trap
! 4 Warning Signs
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What is INC Selling, General, & Admin. Expense?

INC WAR:INC +8.24% 53 Selling, General, & Admin. Expense is zł7.16 Mil as of Mar. 2026. GuruFocus rates WAR:INC with a GF Score™ of 53/100 and a GF Value™ of zł3.94 (Possible Value Trap). The stock has 4 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. INC's selling, general, & admin. expense for the three months ended in Mar. 2026 was zł2.13 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was zł7.16 Mil.


INC  (WAR:INC) 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.


INC Selling, General, & Admin. Expense Related Terms


INC Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for INC'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.

INC Selling, General, & Admin. Expense Chart

INC 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 6.20 4.74 5.33 6.08 6.45

INC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.42 1.49 1.93 1.61 2.13

WAR:INC vs MS, GS, SCHW: Selling, General, & Admin. Expense Comparison

For the Capital Markets subindustry, INC'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.


INC Selling, General, & Admin. Expense vs Capital Markets Industry

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

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


WAR:INC
53GF Score
INC SA WAR:INC
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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INC 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 zł7.16 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 zł7.16 Mil mean?
INC (WAR:INC) has a Selling, General, & Admin. Expense of zł7.16 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 INC and its competitors.
Is INC's Selling, General, & Admin. Expense too high?
INC's current Selling, General, & Admin. Expense is zł7.16 Mil. Overall, INC has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does INC's Selling, General, & Admin. Expense compare to MS and GS?
INC's Selling, General, & Admin. Expense of zł7.16 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 INC and its competitors. INC's current Selling, General, & Admin. Expense is zł7.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INC stock overvalued right now?
Based on GuruFocus' analysis, INC (WAR:INC) is currently considered Possible Value Trap. The stock's GF Value™ is zł3.94, compared to a current price of zł1.51 — trading 61.7% below its estimated fair value. The current Selling, General, & Admin. Expense is zł7.16 Mil. INC's overall GF Score™ is 53/100 with 4 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 INC (WAR:INC), the current Selling, General, & Admin. Expense is zł7.16 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 INC (WAR:INC) Overvalued in 2026?

Based on GuruFocus' analysis, INC stock appears to be undervalued. The current stock price of zł1.51 is trading 61.7% below its estimated GF Value™ of zł3.94. GuruFocus considers INC to be Possible Value Trap.

Key valuation signals for WAR:INC:

  • Selling, General, & Admin. Expense: zł7.16 Mil
  • GF Value™: zł3.94 vs. price of zł1.51 (61.7% below fair value)
  • GF Score™: 53/100 with 4 warning signs

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


INC Business Description

Address ul. Abpa A. Baraniaka 6, Poznan, POL, 61-131
INC SA operates in the area of investment and advisory services in the Polish capital market. The company supports the development of small and medium-sized enterprises, as well as local government units.
53GF Score

Get the complete analysis for WAR:INC

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

zł1.51
Price
zł3.94
GF Value