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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Quercus TFI's selling, general, & admin. expense for the
three
months ended in Jun. 2026 was zł48.6 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was zł122.0 Mil.
Quercus TFI (WAR:QRS) 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.
Quercus TFI Selling, General, & Admin. Expense Related Terms
Quercus TFI Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Quercus TFI'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.
Quercus TFI Selling, General, & Admin. Expense Chart
WAR:QRS vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, Quercus TFI'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.
Quercus TFI Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Quercus TFI's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Quercus TFI's Selling, General, & Admin. Expense falls into.
Quercus TFI 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 quarterly data reported by the company within the most recent 12 months, which was zł122.0 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 zł122.0 Mil mean?
Quercus TFI (WAR:QRS) has a Selling, General, & Admin. Expense of zł122.0 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 Quercus TFI and its competitors.
Is Quercus TFI's Selling, General, & Admin. Expense too high?
Quercus TFI's current Selling, General, & Admin. Expense is zł122.0 Mil. Overall, Quercus TFI has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's Selling, General, & Admin. Expense compare to BLK and BX?
Quercus TFI's Selling, General, & Admin. Expense of zł122.0 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management 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 Quercus TFI and its competitors. Quercus TFI's current Selling, General, & Admin. Expense is zł122.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (WAR:QRS) is currently considered Modestly Undervalued. The stock's GF Value™ is zł15.17, compared to a current price of zł13.60 — trading 10.3% below its estimated fair value. The current Selling, General, & Admin. Expense is zł122.0 Mil. Quercus TFI's overall GF Score™ is 98/100 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 Quercus TFI (WAR:QRS), the current Selling, General, & Admin. Expense is zł122.0 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 Quercus TFI (WAR:QRS) Overvalued in 2026?
Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued.
The current stock price of zł13.60 is trading 10.3% below its estimated GF Value™ of zł15.17.
GuruFocus considers Quercus TFI to be Modestly Undervalued.
Key valuation signals for WAR:QRS:
Selling, General, & Admin. Expense: zł122.0 Mil
GF Value™: zł15.17 vs. price of zł13.60 (10.3% below fair value)
No single metric tells the full story. See the WAR:QRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
98GF Score
Get the complete analysis for WAR:QRS
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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