PJP Makrum (WAR:PJP) Selling, General, & Admin. Expense: zł79.4 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:PJP PJP Makrum SA WAR:PJP
69 GF Score
Price zł24.80
GF Value zł17.20
Valuation Significantly Overvalued
! 14 Warning Signs
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What is PJP Makrum Selling, General, & Admin. Expense?

PJP Makrum WAR:PJP +3.33% 69 Selling, General, & Admin. Expense is zł79.4 Mil as of Mar. 2026. GuruFocus rates WAR:PJP with a GF Score™ of 69/100 and a GF Value™ of zł17.20 (Significantly Overvalued). The stock has 14 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. PJP Makrum's selling, general, & admin. expense for the three months ended in Mar. 2026 was zł21.1 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was zł79.4 Mil.


PJP Makrum  (WAR:PJP) 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.


PJP Makrum Selling, General, & Admin. Expense Related Terms


PJP Makrum Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for PJP Makrum'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.

PJP Makrum Selling, General, & Admin. Expense Chart

PJP Makrum 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 52.33 66.82 70.53 76.71 77.67

PJP Makrum 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 19.40 19.02 18.33 20.92 21.08

WAR:PJP vs PWR, FIX, EME: Selling, General, & Admin. Expense Comparison

For the Engineering & Construction subindustry, PJP Makrum'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.


PJP Makrum Selling, General, & Admin. Expense vs Construction Industry

For the Construction industry and Industrials sector, PJP Makrum's Selling, General, & Admin. Expense distribution charts can be found below:

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


WAR:PJP
69GF Score
PJP Makrum SA WAR:PJP
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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PJP Makrum 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 zł79.4 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 zł79.4 Mil mean?
PJP Makrum (WAR:PJP) has a Selling, General, & Admin. Expense of zł79.4 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 PJP Makrum and its competitors.
Is PJP Makrum's Selling, General, & Admin. Expense too high?
PJP Makrum's current Selling, General, & Admin. Expense is zł79.4 Mil. Overall, PJP Makrum has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PJP Makrum's Selling, General, & Admin. Expense compare to PWR and FIX?
PJP Makrum's Selling, General, & Admin. Expense of zł79.4 Mil can be compared against companies in the Construction 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 Construction company?
A good Selling, General, & Admin. Expense depends on the Construction 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 PJP Makrum and its competitors. PJP Makrum's current Selling, General, & Admin. Expense is zł79.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJP Makrum stock overvalued right now?
Based on GuruFocus' analysis, PJP Makrum (WAR:PJP) is currently considered Significantly Overvalued. The stock's GF Value™ is zł17.20, compared to a current price of zł24.80 — trading 44.2% above its estimated fair value. The current Selling, General, & Admin. Expense is zł79.4 Mil. PJP Makrum's overall GF Score™ is 69/100 with 14 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 PJP Makrum (WAR:PJP), the current Selling, General, & Admin. Expense is zł79.4 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 PJP Makrum (WAR:PJP) Overvalued in 2026?

Based on GuruFocus' analysis, PJP Makrum stock appears to be overvalued. The current stock price of zł24.80 is trading 44.2% above its estimated GF Value™ of zł17.20. GuruFocus considers PJP Makrum to be Significantly Overvalued.

Key valuation signals for WAR:PJP:

  • Selling, General, & Admin. Expense: zł79.4 Mil
  • GF Value™: zł17.20 vs. price of zł24.80 (44.2% above fair value)
  • GF Score™: 69/100 with 14 warning signs

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


PJP Makrum Business Description

Address Plac Koscieleckich 3, Bydgoszcz, POL, 85-033
PJP Makrum SA operates in three areas. The first consists of the production of steel structures for the energy and chemical industries and environmental protection. The second segment focuses on commercial construction (industrial facilities, warehouses, and retail space). The third activity is docking solutions.
69GF Score

Get the complete analysis for WAR:PJP

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

zł24.80
Price
zł17.20
GF Value