Lighting & Equipment PCL (BKK:L&E) Selling, General, & Admin. Expense: ฿800 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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
Charlie Tian
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:L&E Lighting & Equipment PCL BKK:L&E
62 GF Score
Price ฿1.15
GF Value ฿1.12
Valuation Fairly Valued
! 9 Warning Signs
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What is Lighting & Equipment PCL Selling, General, & Admin. Expense?

Lighting & Equipment PCL BKK:L&E -5.74% 62 Selling, General, & Admin. Expense is ฿800 Mil as of Mar. 2026. GuruFocus rates BKK:L&E with a GF Score™ of 62/100 and a GF Value™ of ฿1.12 (Fairly Valued). The stock has 9 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. Lighting & Equipment PCL's selling, general, & admin. expense for the three months ended in Mar. 2026 was ฿194 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ฿800 Mil.


Lighting & Equipment PCL  (BKK:L&E) 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.


Lighting & Equipment PCL Selling, General, & Admin. Expense Related Terms


Lighting & Equipment PCL Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Lighting & Equipment 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.

Lighting & Equipment PCL Selling, General, & Admin. Expense Chart

Lighting & Equipment 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 675.30 790.62 803.97 826.51 798.72

Lighting & Equipment 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 192.43 193.06 199.52 213.70 193.81

BKK:L&E vs VRT, BE: Selling, General, & Admin. Expense Comparison

For the Electrical Equipment & Parts subindustry, Lighting & Equipment 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.


Lighting & Equipment PCL Selling, General, & Admin. Expense vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lighting & Equipment PCL's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Lighting & Equipment PCL's Selling, General, & Admin. Expense falls into.


BKK:L&E
62GF Score
Lighting & Equipment PCL BKK:L&E
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lighting & Equipment 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 ฿800 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 ฿800 Mil mean?
Lighting & Equipment PCL (BKK:L&E) has a Selling, General, & Admin. Expense of ฿800 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 Lighting & Equipment PCL and its competitors.
Is Lighting & Equipment PCL's Selling, General, & Admin. Expense too high?
Lighting & Equipment PCL's current Selling, General, & Admin. Expense is ฿800 Mil. Overall, Lighting & Equipment PCL has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lighting & Equipment PCL's Selling, General, & Admin. Expense compare to VRT and BE?
Lighting & Equipment PCL's Selling, General, & Admin. Expense of ฿800 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Selling, General, & Admin. Expense depends on the Industrial Products 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 Lighting & Equipment PCL and its competitors. Lighting & Equipment PCL's current Selling, General, & Admin. Expense is ฿800 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighting & Equipment PCL stock overvalued right now?
Based on GuruFocus' analysis, Lighting & Equipment PCL (BKK:L&E) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.12, compared to a current price of ฿1.15 — trading 2.7% above its estimated fair value. The current Selling, General, & Admin. Expense is ฿800 Mil. Lighting & Equipment PCL's overall GF Score™ is 62/100 with 9 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 Lighting & Equipment PCL (BKK:L&E), the current Selling, General, & Admin. Expense is ฿800 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 Lighting & Equipment PCL (BKK:L&E) Overvalued in 2026?

Based on GuruFocus' analysis, Lighting & Equipment PCL stock appears to be overvalued. The current stock price of ฿1.15 is trading 2.7% above its estimated GF Value™ of ฿1.12. GuruFocus considers Lighting & Equipment PCL to be Fairly Valued.

Key valuation signals for BKK:L&E:

  • Selling, General, & Admin. Expense: ฿800 Mil
  • GF Value™: ฿1.12 vs. price of ฿1.15 (2.7% above fair value)
  • GF Score™: 62/100 with 9 warning signs

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


Lighting & Equipment PCL Business Description

Address Sri-Ayudhya Road, 539/2, 16-17 Floor, Gypsum Metropolitan Tower, Rajthevee, Bangkok, THA, 10400
Lighting & Equipment PCL is engaged in trading lighting fixtures, lamps, electrical equipment, and installation service and design of electric and lighting systems. Its other products include cable turning systems, light-emitting diodes (LEDs), light boxes, lighting control equipment, lighting poles, luminaries, optical fiber lighting, and others. These products are sold through two main channels, project and retail. The company operates in a single line of business, namely the lighting business in Thailand.
62GF Score

Get the complete analysis for BKK:L&E

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

฿1.15
Price
฿1.12
GF Value