Thai Airways International PCL (BKK:THAI-R) Selling, General, & Admin. Expense: ฿10,217 Mil (TTM As of Mar. 2026)


BKK:THAI-R Thai Airways International PCL BKK:THAI-R
37 GF Score
Price ฿6.00
GF Value ฿0.33
! 4 Warning Signs
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What is Thai Airways International PCL Selling, General, & Admin. Expense?

Thai Airways International PCL BKK:THAI-R 37 Selling, General, & Admin. Expense is ฿10,217 Mil as of Mar. 2026. GuruFocus rates BKK:THAI-R with a GF Score™ of 37/100 and a GF Value™ of ฿0.33. 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. Thai Airways International PCL's selling, general, & admin. expense for the three months ended in Mar. 2026 was ฿2,479 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ฿10,217 Mil.


Thai Airways International PCL  (BKK:THAI-R) 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.


Thai Airways International PCL Selling, General, & Admin. Expense Related Terms


Thai Airways International PCL Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Thai Airways International 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.

Thai Airways International PCL Selling, General, & Admin. Expense Chart

Thai Airways International 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 837.20 4,731.73 7,240.11 9,239.19 10,126.17

Thai Airways International 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 2,387.71 2,209.28 2,491.74 3,037.45 2,478.62

BKK:THAI-R vs DAL, UAL, LUV: Selling, General, & Admin. Expense Comparison

For the Airlines subindustry, Thai Airways International 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.


Thai Airways International PCL Selling, General, & Admin. Expense vs Transportation Industry

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

* The bar in red indicates where Thai Airways International PCL's Selling, General, & Admin. Expense falls into.


BKK:THAI-R
37GF Score
Thai Airways International PCL BKK:THAI-R
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Airways International 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 ฿10,217 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 ฿10,217 Mil mean?
Thai Airways International PCL (BKK:THAI-R) has a Selling, General, & Admin. Expense of ฿10,217 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 Thai Airways International PCL and its competitors.
Is Thai Airways International PCL's Selling, General, & Admin. Expense too high?
Thai Airways International PCL's current Selling, General, & Admin. Expense is ฿10,217 Mil. Overall, Thai Airways International PCL has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Thai Airways International PCL's Selling, General, & Admin. Expense compare to DAL and UAL?
Thai Airways International PCL's Selling, General, & Admin. Expense of ฿10,217 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 Thai Airways International PCL and its competitors. Thai Airways International PCL's current Selling, General, & Admin. Expense is ฿10,217 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Airways International PCL stock overvalued right now?
Thai Airways International PCL (BKK:THAI-R) has a current Selling, General, & Admin. Expense of ฿10,217 Mil. The stock's GF Value™ is ฿0.33, compared to a current price of ฿6.00 — trading 1718.2% above its estimated fair value. The current Selling, General, & Admin. Expense is ฿10,217 Mil. Thai Airways International 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 Thai Airways International PCL (BKK:THAI-R), the current Selling, General, & Admin. Expense is ฿10,217 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 Thai Airways International PCL (BKK:THAI-R) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Airways International PCL stock appears to be overvalued. The current stock price of ฿6.00 is trading 1718.2% above its estimated GF Value™ of ฿0.33.

Key valuation signals for BKK:THAI-R:

  • Selling, General, & Admin. Expense: ฿10,217 Mil
  • GF Value™: ฿0.33 vs. price of ฿6.00 (1718.2% above fair value)
  • GF Score™: 37/100 with 4 warning signs

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


Thai Airways International PCL Business Description

Address 89 Vibhavadi Rangsit Road, Chom Phon, Chatuchak District, Bangkok, THA, 10900
Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company segments are Air Transport, Business Units, and Others. The air transport business focuses on the transportation of passengers, cargo, and mail, and utilizes scheduled and chartered flights to domestic and international destinations. The business units segment ensures all flights reach their destination on time and at the correct location, and offers support with cargo terminal handling, group equipment services, and catering services. The other segments include the sale of duty-free goods, the sale of souvenir products from the maintenance division, and the operation of subsidiaries. The majority of revenue originates from Asia from Air Transport.
37GF 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.

฿6.00
Price
฿0.33
GF Value