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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Lang & Schwarz AG's selling, general, & admin. expense for the
six
months ended in Dec. 2025 was €0 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €0 Mil.
Lang & Schwarz AG (XTER:LUS1) 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.
Lang & Schwarz AG Selling, General, & Admin. Expense Related Terms
Lang & Schwarz AG Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Lang & Schwarz 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.
Lang & Schwarz AG Selling, General, & Admin. Expense Chart
XTER:LUS1 vs MS, GS, SCHW: Selling, General, & Admin. Expense Comparison
For the Capital Markets subindustry, Lang & Schwarz 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.
Lang & Schwarz AG Selling, General, & Admin. Expense vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Lang & Schwarz AG's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Lang & Schwarz AG's Selling, General, & Admin. Expense falls into.
Lang & Schwarz 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 €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 €0 Mil mean?
Lang & Schwarz AG (XTER:LUS1) has a Selling, General, & Admin. Expense of €0 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 Lang & Schwarz AG and its competitors.
Is Lang & Schwarz AG's Selling, General, & Admin. Expense too high?
Lang & Schwarz AG's current Selling, General, & Admin. Expense is €0 Mil. Overall, Lang & Schwarz AG has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lang & Schwarz AG's Selling, General, & Admin. Expense compare to MS and GS?
Lang & Schwarz AG's Selling, General, & Admin. Expense of €0 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Selling, General, & Admin. Expense depends on the Capital Markets 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 Lang & Schwarz AG and its competitors. Lang & Schwarz AG's current Selling, General, & Admin. Expense is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lang & Schwarz AG stock overvalued right now?
Based on GuruFocus' analysis, Lang & Schwarz AG (XTER:LUS1) is currently considered Significantly Undervalued. The stock's GF Value™ is €33.91, compared to a current price of €19.45 — trading 42.6% below its estimated fair value. The current Selling, General, & Admin. Expense is €0 Mil. Lang & Schwarz AG's overall GF Score™ is 73/100 with 3 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 Lang & Schwarz AG (XTER:LUS1), the current Selling, General, & Admin. Expense is €0 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.
Is Lang & Schwarz AG (XTER:LUS1) Overvalued in 2026?
Based on GuruFocus' analysis, Lang & Schwarz AG stock appears to be undervalued.
The current stock price of €19.45 is trading 42.6% below its estimated GF Value™ of €33.91.
GuruFocus considers Lang & Schwarz AG to be Significantly Undervalued.
Key valuation signals for XTER:LUS1:
Selling, General, & Admin. Expense: €0 Mil
GF Value™: €33.91 vs. price of €19.45 (42.6% below fair value)
No single metric tells the full story. See the XTER:LUS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lang & Schwarz AG is an operative holding company. It offers broad range of leverage products including traditional warrants, turbos, end-use turbos, SFDs and KOGS on indices, domestic and foreign equities, commodities, interest rates and currencies, both as well Intra-day emissions to be able to offer current strikes and knockout levels in every market situation.
73GF Score
Get the complete analysis for XTER:LUS1
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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