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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Tpi Polene PCL's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was ฿1,249 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ฿4,848 Mil.
Tpi Polene PCL (BKK:TPIPL) 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.
Tpi Polene PCL Selling, General, & Admin. Expense Related Terms
Tpi Polene PCL Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Tpi Polene 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.
Tpi Polene PCL Selling, General, & Admin. Expense Chart
BKK:TPIPL vs CRH, VMC, MLM: Selling, General, & Admin. Expense Comparison
For the Building Materials subindustry, Tpi Polene 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.
Tpi Polene PCL Selling, General, & Admin. Expense vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Tpi Polene PCL's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Tpi Polene PCL's Selling, General, & Admin. Expense falls into.
Tpi Polene 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 ฿4,848 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 ฿4,848 Mil mean?
Tpi Polene PCL (BKK:TPIPL) has a Selling, General, & Admin. Expense of ฿4,848 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 Tpi Polene PCL and its competitors.
Is Tpi Polene PCL's Selling, General, & Admin. Expense too high?
Tpi Polene PCL's current Selling, General, & Admin. Expense is ฿4,848 Mil. Overall, Tpi Polene PCL has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tpi Polene PCL's Selling, General, & Admin. Expense compare to CRH and VMC?
Tpi Polene PCL's Selling, General, & Admin. Expense of ฿4,848 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Selling, General, & Admin. Expense depends on the Building Materials 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 Tpi Polene PCL and its competitors. Tpi Polene PCL's current Selling, General, & Admin. Expense is ฿4,848 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tpi Polene PCL stock overvalued right now?
Based on GuruFocus' analysis, Tpi Polene PCL (BKK:TPIPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.14, compared to a current price of ฿0.87 — trading 23.7% below its estimated fair value. The current Selling, General, & Admin. Expense is ฿4,848 Mil. Tpi Polene PCL's overall GF Score™ is 69/100 with 12 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 Tpi Polene PCL (BKK:TPIPL), the current Selling, General, & Admin. Expense is ฿4,848 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 Tpi Polene PCL (BKK:TPIPL) Overvalued in 2026?
Based on GuruFocus' analysis, Tpi Polene PCL stock appears to be undervalued.
The current stock price of ฿0.87 is trading 23.7% below its estimated GF Value™ of ฿1.14.
GuruFocus considers Tpi Polene PCL to be Modestly Undervalued.
Key valuation signals for BKK:TPIPL:
Selling, General, & Admin. Expense: ฿4,848 Mil
GF Value™: ฿1.14 vs. price of ฿0.87 (23.7% below fair value)
No single metric tells the full story. See the BKK:TPIPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tpi Polene PCL is a producer and distributor of cement, clinker, and ready-mixed cement products in Thailand under the TPI Polene brand. The company's offerings include cement, mortar, low-density polyethylene plastics resin, ethylene vinyl acetate, solar cell encapsulants, concrete and concrete tiles, and fiber cement, among others. The company has four reportable segments: Construction Materials, Petrochemical & Chemicals, Energy & Utilities, and Agriculture. The majority of its revenue is generated from the Construction Materials segment. Geographically, it derives maximum revenue from Thailand and the rest from China, Bangladesh, Australia, India, Philippines, and other regions.
69GF Score
Get the complete analysis for BKK:TPIPL
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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