Samart Aviation Solutions PCL (BKK:SAV) Selling, General, & Admin. Expense: ฿241 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
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:SAV Samart Aviation Solutions PCL BKK:SAV
36 GF Score
Price ฿11.40
GF Value ฿20.97
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Samart Aviation Solutions PCL Selling, General, & Admin. Expense?

Samart Aviation Solutions PCL BKK:SAV -3.39% 36 Selling, General, & Admin. Expense is ฿241 Mil as of Mar. 2026. GuruFocus rates BKK:SAV with a GF Score™ of 36/100 and a GF Value™ of ฿20.97 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Samart Aviation Solutions PCL's selling, general, & admin. expense for the three months ended in Mar. 2026 was ฿59 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ฿241 Mil.


Samart Aviation Solutions PCL  (BKK:SAV) 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.


Samart Aviation Solutions PCL Selling, General, & Admin. Expense Related Terms


Samart Aviation Solutions PCL Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Samart Aviation Solutions 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.

Samart Aviation Solutions PCL Selling, General, & Admin. Expense Chart

Samart Aviation Solutions PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
181.47 227.01 254.15 260.33 240.55

Samart Aviation Solutions PCL Quarterly Data
Dec21 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 58.87 60.73 59.33 61.62 58.91

BKK:SAV vs JOBY, CAAP: Selling, General, & Admin. Expense Comparison

For the Airports & Air Services subindustry, Samart Aviation Solutions 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.


Samart Aviation Solutions PCL Selling, General, & Admin. Expense vs Transportation Industry

For the Transportation industry and Industrials sector, Samart Aviation Solutions PCL's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Samart Aviation Solutions PCL's Selling, General, & Admin. Expense falls into.


BKK:SAV
36GF Score
Samart Aviation Solutions PCL BKK:SAV
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Samart Aviation Solutions 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 ฿241 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 ฿241 Mil mean?
Samart Aviation Solutions PCL (BKK:SAV) has a Selling, General, & Admin. Expense of ฿241 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 Samart Aviation Solutions PCL and its competitors.
Is Samart Aviation Solutions PCL's Selling, General, & Admin. Expense too high?
Samart Aviation Solutions PCL's current Selling, General, & Admin. Expense is ฿241 Mil. Overall, Samart Aviation Solutions PCL has a GF Score™ of 36/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Samart Aviation Solutions PCL's Selling, General, & Admin. Expense compare to JOBY and CAAP?
Samart Aviation Solutions PCL's Selling, General, & Admin. Expense of ฿241 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Selling, General, & Admin. Expense depends on the Transportation 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 Samart Aviation Solutions PCL and its competitors. Samart Aviation Solutions PCL's current Selling, General, & Admin. Expense is ฿241 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samart Aviation Solutions PCL stock overvalued right now?
Based on GuruFocus' analysis, Samart Aviation Solutions PCL (BKK:SAV) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿20.97, compared to a current price of ฿11.40 — trading 45.6% below its estimated fair value. The current Selling, General, & Admin. Expense is ฿241 Mil. Samart Aviation Solutions PCL's overall GF Score™ is 36/100 with 1 warning sign 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 Samart Aviation Solutions PCL (BKK:SAV), the current Selling, General, & Admin. Expense is ฿241 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 Samart Aviation Solutions PCL (BKK:SAV) Overvalued in 2026?

Based on GuruFocus' analysis, Samart Aviation Solutions PCL stock appears to be undervalued. The current stock price of ฿11.40 is trading 45.6% below its estimated GF Value™ of ฿20.97. GuruFocus considers Samart Aviation Solutions PCL to be Significantly Undervalued.

Key valuation signals for BKK:SAV:

  • Selling, General, & Admin. Expense: ฿241 Mil
  • GF Value™: ฿20.97 vs. price of ฿11.40 (45.6% below fair value)
  • GF Score™: 36/100 with 1 warning sign

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


Samart Aviation Solutions PCL Business Description

Address Chaengwattana Road, 99/11 Village No. 4, Software Park Building, 25th Floor, Khlong Kluea Subdistrict, Pak Kret District, Nonthaburi, THA, 11120
Samart Aviation Solutions PCL is a holding company. It is engaged in providing air traffic control services in Cambodia. The group is principally engaged in Utilities and Transportation. The single geographical area of operations is Cambodia.
36GF 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.

฿11.40
Price
฿20.97
GF Value