PBA Holdings Bhd (XKLS:5041) Selling, General, & Admin. Expense: RM134.6 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

XKLS:5041 PBA Holdings Bhd XKLS:5041
78 GF Score
Price RM2.00
GF Value RM2.32
Valuation Modestly Undervalued
! 2 Warning Signs
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What is PBA Holdings Bhd Selling, General, & Admin. Expense?

PBA Holdings Bhd XKLS:5041 +0.50% 78 Selling, General, & Admin. Expense is RM134.6 Mil as of Mar. 2026. GuruFocus rates XKLS:5041 with a GF Score™ of 78/100 and a GF Value™ of RM2.32 (Modestly Undervalued). The stock has 2 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. PBA Holdings Bhd's selling, general, & admin. expense for the three months ended in Mar. 2026 was RM32.0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was RM134.6 Mil.


PBA Holdings Bhd  (XKLS:5041) 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.


PBA Holdings Bhd Selling, General, & Admin. Expense Related Terms


PBA Holdings Bhd Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for PBA Holdings Bhd'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.

PBA Holdings Bhd Selling, General, & Admin. Expense Chart

PBA Holdings Bhd 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 79.76 82.27 87.03 109.64 120.09

PBA Holdings Bhd 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 35.11 34.40 34.00 34.19 31.97

XKLS:5041 vs AWK, WTRG, AWR: Selling, General, & Admin. Expense Comparison

For the Utilities - Regulated Water subindustry, PBA Holdings Bhd'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.


PBA Holdings Bhd Selling, General, & Admin. Expense vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PBA Holdings Bhd's Selling, General, & Admin. Expense distribution charts can be found below:

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


XKLS:5041
78GF Score
PBA Holdings Bhd XKLS:5041
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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PBA Holdings Bhd 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 RM134.6 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 RM134.6 Mil mean?
PBA Holdings Bhd (XKLS:5041) has a Selling, General, & Admin. Expense of RM134.6 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 PBA Holdings Bhd and its competitors.
Is PBA Holdings Bhd's Selling, General, & Admin. Expense too high?
PBA Holdings Bhd's current Selling, General, & Admin. Expense is RM134.6 Mil. Overall, PBA Holdings Bhd has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PBA Holdings Bhd's Selling, General, & Admin. Expense compare to AWK and WTRG?
PBA Holdings Bhd's Selling, General, & Admin. Expense of RM134.6 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Selling, General, & Admin. Expense depends on the Utilities - Regulated 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 PBA Holdings Bhd and its competitors. PBA Holdings Bhd's current Selling, General, & Admin. Expense is RM134.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBA Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, PBA Holdings Bhd (XKLS:5041) is currently considered Modestly Undervalued. The stock's GF Value™ is RM2.32, compared to a current price of RM2.00 — trading 13.8% below its estimated fair value. The current Selling, General, & Admin. Expense is RM134.6 Mil. PBA Holdings Bhd's overall GF Score™ is 78/100 with 2 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 PBA Holdings Bhd (XKLS:5041), the current Selling, General, & Admin. Expense is RM134.6 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 PBA Holdings Bhd (XKLS:5041) Overvalued in 2026?

Based on GuruFocus' analysis, PBA Holdings Bhd stock appears to be undervalued. The current stock price of RM2.00 is trading 13.8% below its estimated GF Value™ of RM2.32. GuruFocus considers PBA Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5041:

  • Selling, General, & Admin. Expense: RM134.6 Mil
  • GF Value™: RM2.32 vs. price of RM2.00 (13.8% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5041 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PBA Holdings Bhd Business Description

Address Penang Road, Level 32, Komtar, Georgetown, PNG, MYS, 10000
PBA Holdings Bhd is an investment holding company. Its primary business is to sustain continuous good water supply in Penang. With population growth and increasing socio-economic development, It has to employ holistic water supply management strategies. It manage both water demand and supply in a water-stressed state. The group has one reportable segment, which is the abstraction of raw water, treatment of water, supply and sale of treated water to consumers in the State of Penang. The company operated solely in Penang, Malaysia. The company through its subsidiaries is engaged in the abstraction of raw water, treatment of water, and supply and sale of treated water to consumers in the State of Penang. It operates geographically in Malaysia.
78GF Score

Get the complete analysis for XKLS:5041

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

RM2.00
Price
RM2.32
GF Value