KAL Group (JSE:KAL) Total Operating Expense: R2,485 Mil (TTM As of Mar. 2026)

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JSE:KAL KAL Group Ltd JSE:KAL
92 GF Score
Price R50.00
GF Value R43.66
Valuation Modestly Overvalued
! 5 Warning Signs
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What is KAL Group Total Operating Expense?

KAL Group JSE:KAL 92 Total Operating Expense is R2,485 Mil as of Mar. 2026. GuruFocus rates JSE:KAL with a GF Score™ of 92/100 and a GF Value™ of R43.66 (Modestly Overvalued). The stock has 5 warning signs investors should review.

KAL Group's Total Operating Expense for the six months ended in Mar. 2026 was R1,164 Mil. KAL Group's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was R2,485 Mil.

KAL Group Total Operating Expense Related Terms

KAL Group Total Operating Expense Historical Data

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The historical data trend for KAL Group'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.

KAL Group Total Operating Expense Chart

KAL Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,131.54 1,495.85 2,218.76 2,322.04 2,433.43

KAL Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 1,076.85 1,245.19 1,112.38 1,321.05 1,164.31
JSE:KAL
92GF Score
KAL Group Ltd JSE:KAL
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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KAL Group 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R2,485 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 R2,485 Mil mean?
KAL Group (JSE:KAL) has a Total Operating Expense of R2,485 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on KAL Group and its competitors.
Is KAL Group's Total Operating Expense too high?
KAL Group's current Total Operating Expense is R2,485 Mil. Overall, KAL Group has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KAL Group's Total Operating Expense compare to CASY and WSM?
KAL Group's Total Operating Expense of R2,485 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Total Operating Expense depends on the Retail - Cyclical 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 KAL Group and its competitors. KAL Group's current Total Operating Expense is R2,485 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KAL Group stock overvalued right now?
Based on GuruFocus' analysis, KAL Group (JSE:KAL) is currently considered Modestly Overvalued. The stock's GF Value™ is R43.66, compared to a current price of R50.00 — trading 14.5% above its estimated fair value. The current Total Operating Expense is R2,485 Mil. KAL Group's overall GF Score™ is 92/100 with 5 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 KAL Group (JSE:KAL), the current Total Operating Expense is R2,485 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 KAL Group (JSE:KAL) Overvalued in 2026?

Based on GuruFocus' analysis, KAL Group stock appears to be overvalued. The current stock price of R50.00 is trading 14.5% above its estimated GF Value™ of R43.66. GuruFocus considers KAL Group to be Modestly Overvalued.

Key valuation signals for JSE:KAL:

  • Total Operating Expense: R2,485 Mil
  • GF Value™: R43.66 vs. price of R50.00 (14.5% above fair value)
  • GF Score™: 92/100 with 5 warning signs

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

KAL Group Business Description

Address 1 Westhoven Street, Suite 110, , Private Bag X3041, Cape Winelands, Paarl, WC, ZAF, 7646
KAL Group Ltd is a lifestyle retailer offering agricultural inputs, fuel (farm and retail), and general and convenience retail products to consumers across Southern Africa. Its segments include Agrimark, PEG, Agrimark Grain and Manufacturing. The majority of the company's revenue is derived from the PEG segment, which operates retail fuel outlets, including convenience stores and quick-service restaurant locations, serving a broad customer base. Geographically, it generates the maximum revenue from South Africa and the rest from Namibia.
92GF Score

Get the complete analysis for JSE:KAL

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

R50.00
Price
R43.66
GF Value