Thai Industrial Fund 1 (BKK:TIF1) Selling, General, & Admin. Expense: ฿0.46 Mil (TTM As of Jun. 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:TIF1 Thai Industrial Fund 1 BKK:TIF1
81 GF Score
Price ฿7.90
GF Value ฿8.52
Valuation Fairly Valued
! 8 Warning Signs
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What is Thai Industrial Fund 1 Selling, General, & Admin. Expense?

Thai Industrial Fund 1 BKK:TIF1 -1.25% 81 Selling, General, & Admin. Expense is ฿0.46 Mil as of Jun. 2026. GuruFocus rates BKK:TIF1 with a GF Score™ of 81/100 and a GF Value™ of ฿8.52 (Fairly Valued). The stock has 8 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 Industrial Fund 1's selling, general, & admin. expense for the three months ended in Jun. 2026 was ฿0.13 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.46 Mil.


Thai Industrial Fund 1  (BKK:TIF1) 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 Industrial Fund 1 Selling, General, & Admin. Expense Related Terms


Thai Industrial Fund 1 Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Thai Industrial Fund 1'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 Industrial Fund 1 Selling, General, & Admin. Expense Chart

Thai Industrial Fund 1 Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.72 0.67 0.84 1.02

Thai Industrial Fund 1 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
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 0.19 0.13 0.13 0.20 0.13

BKK:TIF1 vs BLK, BX, KKR: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Thai Industrial Fund 1'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 Industrial Fund 1 Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Thai Industrial Fund 1's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Thai Industrial Fund 1's Selling, General, & Admin. Expense falls into.


BKK:TIF1
81GF Score
Thai Industrial Fund 1 BKK:TIF1
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Industrial Fund 1 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.46 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 ฿0.46 Mil mean?
Thai Industrial Fund 1 (BKK:TIF1) has a Selling, General, & Admin. Expense of ฿0.46 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Thai Industrial Fund 1 and its competitors.
Is Thai Industrial Fund 1's Selling, General, & Admin. Expense too high?
Thai Industrial Fund 1's current Selling, General, & Admin. Expense is ฿0.46 Mil. Overall, Thai Industrial Fund 1 has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Industrial Fund 1's Selling, General, & Admin. Expense compare to BLK and BX?
Thai Industrial Fund 1's Selling, General, & Admin. Expense of ฿0.46 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management 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 Industrial Fund 1 and its competitors. Thai Industrial Fund 1's current Selling, General, & Admin. Expense is ฿0.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Industrial Fund 1 stock overvalued right now?
Based on GuruFocus' analysis, Thai Industrial Fund 1 (BKK:TIF1) is currently considered Fairly Valued. The stock's GF Value™ is ฿8.52, compared to a current price of ฿7.90 — trading 7.3% below its estimated fair value. The current Selling, General, & Admin. Expense is ฿0.46 Mil. Thai Industrial Fund 1's overall GF Score™ is 81/100 with 8 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 Industrial Fund 1 (BKK:TIF1), the current Selling, General, & Admin. Expense is ฿0.46 Mil as of Jun. 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 Industrial Fund 1 (BKK:TIF1) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Industrial Fund 1 stock appears to be undervalued. The current stock price of ฿7.90 is trading 7.3% below its estimated GF Value™ of ฿8.52. GuruFocus considers Thai Industrial Fund 1 to be Fairly Valued.

Key valuation signals for BKK:TIF1:

  • Selling, General, & Admin. Expense: ฿0.46 Mil
  • GF Value™: ฿8.52 vs. price of ฿7.90 (7.3% below fair value)
  • GF Score™: 81/100 with 8 warning signs

No single metric tells the full story. See the BKK:TIF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Industrial Fund 1 Business Description

Address Rama 1 Road, Floor 9th, 24th, No. 989 Siam Piwat Tower, Patumwan District, Bangkok, THA, 10330
Thai Industrial Fund 1 is an asset management company. The objective of the fund is to raise funds from general investors and to use the proceeds from such fundraising for the purchase and/or lease of immovable properties or property lease rights. It invests in land and factory buildings, industrial parks, and industrial promotion zone in Thailand. The one reportable operating segment of the Fund is to provide the rental on property in which the Fund has invested and the single geographical area of its operations is Thailand.
81GF Score

Get the complete analysis for BKK:TIF1

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

฿7.90
Price
฿8.52
GF Value