Siam Wellness Group PCL (BKK:SPA) Selling, General, & Admin. Expense: ฿197 Mil (TTM As of Mar. 2026)

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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.
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Charlie Tian
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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:SPA Siam Wellness Group PCL BKK:SPA
82 GF Score
Price ฿3.32
GF Value ฿7.55
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Siam Wellness Group PCL Selling, General, & Admin. Expense?

Siam Wellness Group PCL BKK:SPA -1.19% 82 Selling, General, & Admin. Expense is ฿197 Mil as of Mar. 2026. GuruFocus rates BKK:SPA with a GF Score™ of 82/100 and a GF Value™ of ฿7.55 (Significantly 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. Siam Wellness Group PCL's selling, general, & admin. expense for the three months ended in Mar. 2026 was ฿57 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ฿197 Mil.


Siam Wellness Group PCL  (BKK:SPA) 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.


Siam Wellness Group PCL Selling, General, & Admin. Expense Related Terms


Siam Wellness Group PCL Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Siam Wellness Group 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.

Siam Wellness Group PCL Selling, General, & Admin. Expense Chart

Siam Wellness Group 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 107.69 127.16 138.69 170.94 187.72

Siam Wellness Group 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 47.30 42.95 47.80 49.67 56.52

BKK:SPA vs ROL, SCI, HRB: Selling, General, & Admin. Expense Comparison

For the Personal Services subindustry, Siam Wellness Group 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.


Siam Wellness Group PCL Selling, General, & Admin. Expense vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Siam Wellness Group PCL's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Siam Wellness Group PCL's Selling, General, & Admin. Expense falls into.


BKK:SPA
82GF Score
Siam Wellness Group PCL BKK:SPA
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siam Wellness Group 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 ฿197 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 ฿197 Mil mean?
Siam Wellness Group PCL (BKK:SPA) has a Selling, General, & Admin. Expense of ฿197 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 Siam Wellness Group PCL and its competitors.
Is Siam Wellness Group PCL's Selling, General, & Admin. Expense too high?
Siam Wellness Group PCL's current Selling, General, & Admin. Expense is ฿197 Mil. Overall, Siam Wellness Group PCL has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Wellness Group PCL's Selling, General, & Admin. Expense compare to ROL and SCI?
Siam Wellness Group PCL's Selling, General, & Admin. Expense of ฿197 Mil can be compared against companies in the Personal 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 Personal Services company?
A good Selling, General, & Admin. Expense depends on the Personal 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 Siam Wellness Group PCL and its competitors. Siam Wellness Group PCL's current Selling, General, & Admin. Expense is ฿197 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Wellness Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Wellness Group PCL (BKK:SPA) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿7.55, compared to a current price of ฿3.32 — trading 56% below its estimated fair value. The current Selling, General, & Admin. Expense is ฿197 Mil. Siam Wellness Group PCL's overall GF Score™ is 82/100 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 Siam Wellness Group PCL (BKK:SPA), the current Selling, General, & Admin. Expense is ฿197 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 Siam Wellness Group PCL (BKK:SPA) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Wellness Group PCL stock appears to be undervalued. The current stock price of ฿3.32 is trading 56% below its estimated GF Value™ of ฿7.55. GuruFocus considers Siam Wellness Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:SPA:

  • Selling, General, & Admin. Expense: ฿197 Mil
  • GF Value™: ฿7.55 vs. price of ฿3.32 (56% below fair value)
  • GF Score™: 82/100 with 2 warning signs

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


Siam Wellness Group PCL Business Description

Address Prachasongkroh Road, 565, 567 B.U. Place Building, 22nd Floor, Soi Suthiporn, Dindaeng Sub-district, Dindaeng District, Bangkok, THA, 10400
Siam Wellness Group PCL is a Thailand-based company and is principally engaged in the spa business. The business is organized into three segments: Spa services, which operates day spa and destination spa. Also, provides spa management and spa consultancy services; Sales of spa products and healthy products, which distributes natural spa products both and spa equipment for domestic and international markets. and Hotel and restaurant which operates boutique resorts and restaurants. Key revenue is earned from providing spa services. The Group operates in Thailand.
82GF Score

Get the complete analysis for BKK:SPA

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

฿3.32
Price
฿7.55
GF Value