TPG Telecom (ASX:TPG) Selling, General, & Admin. Expense: A$553 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:TPG TPG Telecom Ltd ASX:TPG
66 GF Score
Price A$3.62
GF Value A$4.42
Valuation Modestly Undervalued
! 6 Warning Signs
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What is TPG Telecom Selling, General, & Admin. Expense?

TPG Telecom ASX:TPG +0.28% 66 Selling, General, & Admin. Expense is A$553 Mil as of Dec. 2025. GuruFocus rates ASX:TPG with a GF Score™ of 66/100 and a GF Value™ of A$4.42 (Modestly Undervalued). 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. TPG Telecom's selling, general, & admin. expense for the six months ended in Dec. 2025 was A$270 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$553 Mil.


TPG Telecom  (ASX:TPG) 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.


TPG Telecom Selling, General, & Admin. Expense Related Terms


TPG Telecom Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for TPG Telecom'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.

TPG Telecom Selling, General, & Admin. Expense Chart

TPG Telecom Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 588.00 554.00 614.00 618.00 553.00

TPG Telecom Semi-Annual Data
Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 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 323.00 314.00 304.00 283.00 270.00

ASX:TPG vs VZ, TMUS, T: Selling, General, & Admin. Expense Comparison

For the Telecom Services subindustry, TPG Telecom'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.


TPG Telecom Selling, General, & Admin. Expense vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TPG Telecom's Selling, General, & Admin. Expense distribution charts can be found below:

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


ASX:TPG
66GF Score
TPG Telecom Ltd ASX:TPG
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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TPG Telecom 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$553 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$553 Mil mean?
TPG Telecom (ASX:TPG) has a Selling, General, & Admin. Expense of A$553 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 TPG Telecom and its competitors.
Is TPG Telecom's Selling, General, & Admin. Expense too high?
TPG Telecom's current Selling, General, & Admin. Expense is A$553 Mil. Overall, TPG Telecom has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPG Telecom's Selling, General, & Admin. Expense compare to VZ and TMUS?
TPG Telecom's Selling, General, & Admin. Expense of A$553 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Selling, General, & Admin. Expense depends on the Telecommunication Services 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 TPG Telecom and its competitors. TPG Telecom's current Selling, General, & Admin. Expense is A$553 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPG Telecom stock overvalued right now?
Based on GuruFocus' analysis, TPG Telecom (ASX:TPG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.42, compared to a current price of A$3.62 — trading 18.1% below its estimated fair value. The current Selling, General, & Admin. Expense is A$553 Mil. TPG Telecom'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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For TPG Telecom (ASX:TPG), the current Selling, General, & Admin. Expense is A$553 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 TPG Telecom (ASX:TPG) Overvalued in 2026?

Based on GuruFocus' analysis, TPG Telecom stock appears to be undervalued. The current stock price of A$3.62 is trading 18.1% below its estimated GF Value™ of A$4.42. GuruFocus considers TPG Telecom to be Modestly Undervalued.

Key valuation signals for ASX:TPG:

  • Selling, General, & Admin. Expense: A$553 Mil
  • GF Value™: A$4.42 vs. price of A$3.62 (18.1% below fair value)
  • GF Score™: 66/100 with 6 warning signs

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


TPG Telecom Business Description

Other Exchanges TPGTF:USA
Address 200 Barangaroo Avenue, Level 27, Tower Two, International Towers Sydney, Barangaroo, NSW, AUS, 2000
TPG Telecom is Australia's third-largest telecom services company. It offers mobile, fixed-line broadband and telephony solutions. The group's mobile business caters to all market segments spanning consumer, small business, corporate, wholesale, and government. TPG Telecom has grown substantially since listing on the ASX in 2008, via organic growth and acquisitions, and culminated with the July 2020 Vodafone Hutchison Australia merger, the third-ranked mobile network operator in Australia. It owns an extensive stable of infrastructure assets, including a nationwide mobile network that is upgrading to 5G wireless. In July 2025, TPG sold its fiber assets for AUD 5.3 billion to Vocus.
66GF 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$3.62
Price
A$4.42
GF Value