AECI (JSE:AFE) Total Operating Expense: R30,653 Mil (TTM As of Dec. 2025)


JSE:AFE AECI Ltd JSE:AFE
66 GF Score
Price R126.52
GF Value R91.07
Valuation Significantly Overvalued
! 6 Warning Signs
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What is AECI Total Operating Expense?

AECI JSE:AFE -0.57% 66 Total Operating Expense is R30,653 Mil as of Dec. 2025. GuruFocus rates JSE:AFE with a GF Score™ of 66/100 and a GF Value™ of R91.07 (Significantly Overvalued). The stock has 6 warning signs investors should review.

AECI's Total Operating Expense for the six months ended in Dec. 2025 was R15,663 Mil. AECI's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was R30,653 Mil.

AECI Total Operating Expense Related Terms

AECI Total Operating Expense Historical Data

* Premium members only.

The historical data trend for AECI's Total Operating 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.

AECI Total Operating Expense Chart

AECI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,103.00 7,799.00 8,221.00 9,226.00 30,653.00

AECI Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Operating 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 15,363.00 15,312.00 16,742.00 14,990.00 15,663.00
JSE:AFE
66GF Score
AECI Ltd JSE:AFE
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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AECI Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating 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 R30,653 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 Total Operating Expense of R30,653 Mil mean?
AECI (JSE:AFE) has a Total Operating Expense of R30,653 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on AECI and its competitors.
Is AECI's Total Operating Expense too high?
AECI's current Total Operating Expense is R30,653 Mil. Overall, AECI has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AECI's Total Operating Expense compare to LIN and SHW?
AECI's Total Operating Expense of R30,653 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Chemicals company?
A good Total Operating Expense depends on the Chemicals industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on AECI and its competitors. AECI's current Total Operating Expense is R30,653 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AECI stock overvalued right now?
Based on GuruFocus' analysis, AECI (JSE:AFE) is currently considered Significantly Overvalued. The stock's GF Value™ is R91.07, compared to a current price of R126.52 — trading 38.9% above its estimated fair value. The current Total Operating Expense is R30,653 Mil. AECI's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For AECI (JSE:AFE), the current Total Operating Expense is R30,653 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 AECI (JSE:AFE) Overvalued in 2026?

Based on GuruFocus' analysis, AECI stock appears to be overvalued. The current stock price of R126.52 is trading 38.9% above its estimated GF Value™ of R91.07. GuruFocus considers AECI to be Significantly Overvalued.

Key valuation signals for JSE:AFE:

  • Total Operating Expense: R30,653 Mil
  • GF Value™: R91.07 vs. price of R126.52 (38.9% above fair value)
  • GF Score™: 66/100 with 6 warning signs

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

AECI Business Description

Address Woodlands Drive, 24 The Woodlands, First Floor, AECI Place, Woodmead, Sandton, Johannesburg, ZAF, 2191
AECI Ltd is a diversified group operating predominantly in the chemicals industry. The company performs its various business activities in the following reportable segments: AECI Mining, AECI Chemicals, AECI Managed Businesses, and AECI Property Services and Corporate. A majority of its revenue is generated from the AECI Mining segment, which provides a mine-to-mineral solution for the international mining sector. The offerings under this segment include commercial explosives, initiating systems, blasting services, and surfactants for explosives manufacture across the value chain to chemicals for ore beneficiation and tailings treatment. Geographically, the group generates a majority of its revenue from Africa, followed by Asia-Pacific, Europe, North America, and Latin America.
66GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R126.52
Price
R91.07
GF Value