Capital Engineering Network PCL (BKK:CEN) Selling, General, & Admin. Expense: ฿185.7 Mil (TTM As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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Charlie Tian
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.

BKK:CEN Capital Engineering Network PCL BKK:CEN
37 GF Score
Price ฿0.59
GF Value ฿1.39
Valuation Possible Value Trap
! 4 Warning Signs
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What is Capital Engineering Network PCL Selling, General, & Admin. Expense?

Capital Engineering Network PCL BKK:CEN 37 Selling, General, & Admin. Expense is ฿185.7 Mil as of Mar. 2026. GuruFocus rates BKK:CEN with a GF Score™ of 37/100 and a GF Value™ of ฿1.39 (Possible Value Trap). The stock has 4 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. Capital Engineering Network PCL's selling, general, & admin. expense for the three months ended in Mar. 2026 was ฿39.6 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ฿185.7 Mil.


Capital Engineering Network PCL  (BKK:CEN) 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.


Capital Engineering Network PCL Selling, General, & Admin. Expense Related Terms


Capital Engineering Network PCL Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Capital Engineering Network PCL'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.

Capital Engineering Network PCL Selling, General, & Admin. Expense Chart

Capital Engineering Network PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.62 245.37 253.53 232.19 190.43

Capital Engineering Network PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 44.37 47.96 57.74 40.36 39.59

BKK:CEN vs NUE, STLD, RS: Selling, General, & Admin. Expense Comparison

For the Steel subindustry, Capital Engineering Network PCL'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.


Capital Engineering Network PCL Selling, General, & Admin. Expense vs Steel Industry

For the Steel industry and Basic Materials sector, Capital Engineering Network PCL's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Capital Engineering Network PCL's Selling, General, & Admin. Expense falls into.


BKK:CEN
37GF Score
Capital Engineering Network PCL BKK:CEN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital Engineering Network PCL 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿185.7 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 ฿185.7 Mil mean?
Capital Engineering Network PCL (BKK:CEN) has a Selling, General, & Admin. Expense of ฿185.7 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Capital Engineering Network PCL and its competitors.
Is Capital Engineering Network PCL's Selling, General, & Admin. Expense too high?
Capital Engineering Network PCL's current Selling, General, & Admin. Expense is ฿185.7 Mil. Overall, Capital Engineering Network PCL has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Capital Engineering Network PCL's Selling, General, & Admin. Expense compare to NUE and STLD?
Capital Engineering Network PCL's Selling, General, & Admin. Expense of ฿185.7 Mil can be compared against companies in the Steel 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 Steel company?
A good Selling, General, & Admin. Expense depends on the Steel 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 Capital Engineering Network PCL and its competitors. Capital Engineering Network PCL's current Selling, General, & Admin. Expense is ฿185.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Engineering Network PCL stock overvalued right now?
Based on GuruFocus' analysis, Capital Engineering Network PCL (BKK:CEN) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.39, compared to a current price of ฿0.59 — trading 57.6% below its estimated fair value. The current Selling, General, & Admin. Expense is ฿185.7 Mil. Capital Engineering Network PCL's overall GF Score™ is 37/100 with 4 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 Capital Engineering Network PCL (BKK:CEN), the current Selling, General, & Admin. Expense is ฿185.7 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 Capital Engineering Network PCL (BKK:CEN) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Engineering Network PCL stock appears to be undervalued. The current stock price of ฿0.59 is trading 57.6% below its estimated GF Value™ of ฿1.39. GuruFocus considers Capital Engineering Network PCL to be Possible Value Trap.

Key valuation signals for BKK:CEN:

  • Selling, General, & Admin. Expense: ฿185.7 Mil
  • GF Value™: ฿1.39 vs. price of ฿0.59 (57.6% below fair value)
  • GF Score™: 37/100 with 4 warning signs

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


Capital Engineering Network PCL Business Description

Address Rama 3 Road, 1011, Supalai Grand Tower, 17th Floor, Room No.1703, 1704, Chongnonsi, Yannawa, Bangkok, THA, 10120
Capital Engineering Network PCL is engaged in the production and distribution of engineering construction material, transmission tower and renewable energy, and telecom implementation services. The operating segments of the group are investing in other companies segment, steel wire segment, production and distribution of high voltage transmission tower and telecommunication tower, electricity and thermal energy segment, distribution of goods segment, telecom implementation service segment and clinic service segment. It has a business presence in Thailand and the Philippines, of which a majority of revenue is derived from Thailand and Steel Wire Segment.
37GF Score

Get the complete analysis for BKK:CEN

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

฿0.59
Price
฿1.39
GF Value