Tourism Holdings (ASX:THL) Selling, General, & Admin. Expense: A$178.4 Mil (TTM As of Dec. 2025)


ASX:THL Tourism Holdings Ltd ASX:THL
72 GF Score
Price A$2.44
GF Value A$1.82
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Tourism Holdings Selling, General, & Admin. Expense?

Tourism Holdings ASX:THL +0.41% 72 Selling, General, & Admin. Expense is A$178.4 Mil as of Dec. 2025. GuruFocus rates ASX:THL with a GF Score™ of 72/100 and a GF Value™ of A$1.82 (Significantly Overvalued). The stock has 11 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. Tourism Holdings's selling, general, & admin. expense for the six months ended in Dec. 2025 was A$126.1 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$178.4 Mil.


Tourism Holdings  (ASX:THL) 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.


Tourism Holdings Selling, General, & Admin. Expense Related Terms


Tourism Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Tourism Holdings'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.

Tourism Holdings Selling, General, & Admin. Expense Chart

Tourism Holdings Annual Data
Trend Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
79.87 100.93 104.18

Tourism Holdings Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Selling, General, & Admin. Expense Get a 7-Day Free Trial 49.15 51.78 51.96 52.22 126.15

ASX:THL vs BC, PII, THO: Selling, General, & Admin. Expense Comparison

For the Recreational Vehicles subindustry, Tourism Holdings'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.


Tourism Holdings Selling, General, & Admin. Expense vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

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


ASX:THL
72GF Score
Tourism Holdings Ltd ASX:THL
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Tourism Holdings 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 A$178.4 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 A$178.4 Mil mean?
Tourism Holdings (ASX:THL) has a Selling, General, & Admin. Expense of A$178.4 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 Tourism Holdings and its competitors.
Is Tourism Holdings' Selling, General, & Admin. Expense too high?
Tourism Holdings' current Selling, General, & Admin. Expense is A$178.4 Mil. Overall, Tourism Holdings has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' Selling, General, & Admin. Expense compare to BC and PII?
Tourism Holdings' Selling, General, & Admin. Expense of A$178.4 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Selling, General, & Admin. Expense depends on the Vehicles & Parts 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 Tourism Holdings and its competitors. Tourism Holdings's current Selling, General, & Admin. Expense is A$178.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tourism Holdings (ASX:THL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.82, compared to a current price of A$2.44 — trading 34.1% above its estimated fair value. The current Selling, General, & Admin. Expense is A$178.4 Mil. Tourism Holdings' overall GF Score™ is 72/100 with 11 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 Tourism Holdings (ASX:THL), the current Selling, General, & Admin. Expense is A$178.4 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 Tourism Holdings (ASX:THL) Overvalued in 2026?

Based on GuruFocus' analysis, Tourism Holdings stock appears to be overvalued. The current stock price of A$2.44 is trading 34.1% above its estimated GF Value™ of A$1.82. GuruFocus considers Tourism Holdings to be Significantly Overvalued.

Key valuation signals for ASX:THL:

  • Selling, General, & Admin. Expense: A$178.4 Mil
  • GF Value™: A$1.82 vs. price of A$2.44 (34.1% above fair value)
  • GF Score™: 72/100 with 11 warning signs

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


Tourism Holdings Business Description

Other Exchanges THL:New ZealandUCH:Germany
Address 470 Oruarangi Road, Mangere, Auckland, NTL, NZL, 2022
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals, sales and manufacturing; United States Rentals and corporate. It generates maximum revenue from Australia Rentals segment.
72GF Score

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

A$2.44
Price
A$1.82
GF Value