GAM Holding AG (XSWX:GAM) Selling, General, & Admin. Expense: CHF30.70 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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What is GAM Holding AG Selling, General, & Admin. Expense?

GAM Holding AG XSWX:GAM -1.61% Selling, General, & Admin. Expense is CHF30.70 Mil as of Dec. 2025. 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. GAM Holding AG's selling, general, & admin. expense for the six months ended in Dec. 2025 was CHF14.40 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was CHF30.70 Mil.


GAM Holding AG  (XSWX:GAM) 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.


GAM Holding AG Selling, General, & Admin. Expense Related Terms


GAM Holding AG Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for GAM Holding AG'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.

GAM Holding AG Selling, General, & Admin. Expense Chart

GAM Holding AG 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 82.90 50.80 49.30 37.31 30.70

GAM Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 24.00 15.30 22.01 16.30 14.40

XSWX:GAM vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, GAM Holding AG'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.


GAM Holding AG Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GAM Holding AG's Selling, General, & Admin. Expense distribution charts can be found below:

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



GAM Holding AG 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF30.70 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 CHF30.70 Mil mean?
GAM Holding AG (XSWX:GAM) has a Selling, General, & Admin. Expense of CHF30.70 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on GAM Holding AG and its competitors.
Is GAM Holding AG's Selling, General, & Admin. Expense too high?
GAM Holding AG's current Selling, General, & Admin. Expense is CHF30.70 Mil.
How does GAM Holding AG's Selling, General, & Admin. Expense compare to BLK and BX?
GAM Holding AG's Selling, General, & Admin. Expense of CHF30.70 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 GAM Holding AG and its competitors. GAM Holding AG's current Selling, General, & Admin. Expense is CHF30.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAM Holding AG stock overvalued right now?
Based on GuruFocus' analysis, GAM Holding AG (XSWX:GAM) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF0.01, compared to a current price of CHF0.06 — trading 510% above its estimated fair value. The current Selling, General, & Admin. Expense is CHF30.70 Mil. 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 GAM Holding AG (XSWX:GAM), the current Selling, General, & Admin. Expense is CHF30.70 Mil as of Dec. 2025. 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.

GAM Holding AG Business Description

Other Exchanges GAMz:UK0QN3:UKGAD:Germany
Address Hardstrasse 201, Zurich, CHE, CH-8005
GAM Holding AG is a asset manager with products that cater to institutions, intermediaries, and private clients.The company offers risk-rated, flexible solution, absolute return strategies across an array of asset classes and strategies. The company provides Asset management services through the GAM and Julius Bae brands and includes investment advice from internal and external professionals.