Lokum Deweloper (WAR:LKD) Selling, General, & Admin. Expense: zł41.6 Mil (TTM As of Mar. 2026)

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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.
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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.

WAR:LKD Lokum Deweloper SA WAR:LKD
64 GF Score
Price zł23.10
GF Value zł10.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Lokum Deweloper Selling, General, & Admin. Expense?

Lokum Deweloper WAR:LKD +0.43% 64 Selling, General, & Admin. Expense is zł41.6 Mil as of Mar. 2026. GuruFocus rates WAR:LKD with a GF Score™ of 64/100 and a GF Value™ of zł10.38 (Significantly Overvalued). The stock has 6 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. Lokum Deweloper's selling, general, & admin. expense for the three months ended in Mar. 2026 was zł7.9 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was zł41.6 Mil.


Lokum Deweloper  (WAR:LKD) 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.


Lokum Deweloper Selling, General, & Admin. Expense Related Terms


Lokum Deweloper Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Lokum Deweloper'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.

Lokum Deweloper Selling, General, & Admin. Expense Chart

Lokum Deweloper 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 25.23 26.02 31.77 30.88 40.91

Lokum Deweloper 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 7.21 8.98 14.09 10.63 7.87

Lokum Deweloper Selling, General, & Admin. Expense Competitor Comparison

For the Real Estate - Development subindustry, Lokum Deweloper'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.


Lokum Deweloper Selling, General, & Admin. Expense vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Lokum Deweloper's Selling, General, & Admin. Expense distribution charts can be found below:

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


WAR:LKD
64GF Score
Lokum Deweloper SA WAR:LKD
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Lokum Deweloper 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 zł41.6 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 zł41.6 Mil mean?
Lokum Deweloper (WAR:LKD) has a Selling, General, & Admin. Expense of zł41.6 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 Lokum Deweloper and its competitors.
Is Lokum Deweloper's Selling, General, & Admin. Expense too high?
Lokum Deweloper's current Selling, General, & Admin. Expense is zł41.6 Mil. Overall, Lokum Deweloper has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lokum Deweloper's Selling, General, & Admin. Expense compare to competitors?
Lokum Deweloper's Selling, General, & Admin. Expense of zł41.6 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate 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 Lokum Deweloper and its competitors. Lokum Deweloper's current Selling, General, & Admin. Expense is zł41.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lokum Deweloper stock overvalued right now?
Based on GuruFocus' analysis, Lokum Deweloper (WAR:LKD) is currently considered Significantly Overvalued. The stock's GF Value™ is zł10.38, compared to a current price of zł23.10 — trading 122.5% above its estimated fair value. The current Selling, General, & Admin. Expense is zł41.6 Mil. Lokum Deweloper's overall GF Score™ is 64/100 with 6 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 Lokum Deweloper (WAR:LKD), the current Selling, General, & Admin. Expense is zł41.6 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 Lokum Deweloper (WAR:LKD) Overvalued in 2026?

Based on GuruFocus' analysis, Lokum Deweloper stock appears to be overvalued. The current stock price of zł23.10 is trading 122.5% above its estimated GF Value™ of zł10.38. GuruFocus considers Lokum Deweloper to be Significantly Overvalued.

Key valuation signals for WAR:LKD:

  • Selling, General, & Admin. Expense: zł41.6 Mil
  • GF Value™: zł10.38 vs. price of zł23.10 (122.5% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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


Lokum Deweloper Business Description

Address Ulica Krawiecka 1, Room 101, 1st Floor, Pl. Dominikanski, Wroclaw, POL
Lokum Deweloper SA is engaged in the development and sale of flats. The company creates comfortable and functional apartments as well as commercial and service premises in the center of Wroclaw.
64GF Score

Get the complete analysis for WAR:LKD

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

zł23.10
Price
zł10.38
GF Value