Nforce Secure PCL (BKK:SECURE) Selling, General, & Admin. Expense: ฿116 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:SECURE Nforce Secure PCL BKK:SECURE
93 GF Score
Price ฿12.70
GF Value ฿15.15
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Nforce Secure PCL Selling, General, & Admin. Expense?

Nforce Secure PCL BKK:SECURE -0.78% 93 Selling, General, & Admin. Expense is ฿116 Mil as of Mar. 2026. GuruFocus rates BKK:SECURE with a GF Score™ of 93/100 and a GF Value™ of ฿15.15 (Modestly Undervalued). The stock has 2 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. Nforce Secure PCL's selling, general, & admin. expense for the three months ended in Mar. 2026 was ฿30 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ฿116 Mil.


Nforce Secure PCL  (BKK:SECURE) 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.


Nforce Secure PCL Selling, General, & Admin. Expense Related Terms


Nforce Secure PCL Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Nforce Secure 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.

Nforce Secure PCL Selling, General, & Admin. Expense Chart

Nforce Secure PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 81.87 87.88 98.88 112.10 116.46

Nforce Secure 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 31.08 26.04 29.74 29.61 30.24

BKK:SECURE vs SNX, ARW, AVT: Selling, General, & Admin. Expense Comparison

For the Electronics & Computer Distribution subindustry, Nforce Secure 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.


Nforce Secure PCL Selling, General, & Admin. Expense vs Hardware Industry

For the Hardware industry and Technology sector, Nforce Secure PCL's Selling, General, & Admin. Expense distribution charts can be found below:

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


BKK:SECURE
93GF Score
Nforce Secure PCL BKK:SECURE
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nforce Secure 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 ฿116 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 ฿116 Mil mean?
Nforce Secure PCL (BKK:SECURE) has a Selling, General, & Admin. Expense of ฿116 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 Nforce Secure PCL and its competitors.
Is Nforce Secure PCL's Selling, General, & Admin. Expense too high?
Nforce Secure PCL's current Selling, General, & Admin. Expense is ฿116 Mil. Overall, Nforce Secure PCL has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's Selling, General, & Admin. Expense compare to SNX and ARW?
Nforce Secure PCL's Selling, General, & Admin. Expense of ฿116 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Selling, General, & Admin. Expense depends on the Hardware 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 Nforce Secure PCL and its competitors. Nforce Secure PCL's current Selling, General, & Admin. Expense is ฿116 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿15.15, compared to a current price of ฿12.70 — trading 16.2% below its estimated fair value. The current Selling, General, & Admin. Expense is ฿116 Mil. Nforce Secure PCL's overall GF Score™ is 93/100 with 2 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 Nforce Secure PCL (BKK:SECURE), the current Selling, General, & Admin. Expense is ฿116 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 Nforce Secure PCL (BKK:SECURE) Overvalued in 2026?

Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be undervalued. The current stock price of ฿12.70 is trading 16.2% below its estimated GF Value™ of ฿15.15. GuruFocus considers Nforce Secure PCL to be Modestly Undervalued.

Key valuation signals for BKK:SECURE:

  • Selling, General, & Admin. Expense: ฿116 Mil
  • GF Value™: ฿15.15 vs. price of ฿12.70 (16.2% below fair value)
  • GF Score™: 93/100 with 2 warning signs

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


Nforce Secure PCL Business Description

Address Ratchadapisek Road, 9/2 The Synchronized, Soi Ratchadapisek 18, Huai Khwang Sub-district, Huai Khwang District, Bangkok, THA, 10310
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.
93GF Score

Get the complete analysis for BKK:SECURE

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

฿12.70
Price
฿15.15
GF Value