Bangkok Expressway and Metro PCL (FRA:B4X) Selling, General, & Admin. Expense: €33.5 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:B4X Bangkok Expressway and Metro PCL FRA:B4X
63 GF Score
Price €0.17
GF Value €0.19
Valuation Modestly Undervalued
! 13 Warning Signs
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What is Bangkok Expressway and Metro PCL Selling, General, & Admin. Expense?

Bangkok Expressway and Metro PCL FRA:B4X 63 Selling, General, & Admin. Expense is €33.5 Mil as of Mar. 2026. GuruFocus rates FRA:B4X with a GF Score™ of 63/100 and a GF Value™ of €0.19 (Modestly Undervalued). The stock has 13 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. Bangkok Expressway and Metro PCL's selling, general, & admin. expense for the three months ended in Mar. 2026 was €7.4 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €33.5 Mil.


Bangkok Expressway and Metro PCL  (FRA:B4X) 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.


Bangkok Expressway and Metro PCL Selling, General, & Admin. Expense Related Terms


Bangkok Expressway and Metro PCL Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway and Metro 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.

Bangkok Expressway and Metro PCL Selling, General, & Admin. Expense Chart

Bangkok Expressway and Metro 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 30.59 31.49 32.54 35.28 34.26

Bangkok Expressway and Metro 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 8.05 8.73 7.99 9.33 7.42

FRA:B4X vs UNP, CSX, NSC: Selling, General, & Admin. Expense Comparison

For the Railroads subindustry, Bangkok Expressway and Metro 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.


Bangkok Expressway and Metro PCL Selling, General, & Admin. Expense vs Transportation Industry

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

* The bar in red indicates where Bangkok Expressway and Metro PCL's Selling, General, & Admin. Expense falls into.


FRA:B4X
63GF Score
Bangkok Expressway and Metro PCL FRA:B4X
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Expressway and Metro 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 €33.5 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 €33.5 Mil mean?
Bangkok Expressway and Metro PCL (FRA:B4X) has a Selling, General, & Admin. Expense of €33.5 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 Bangkok Expressway and Metro PCL and its competitors.
Is Bangkok Expressway and Metro PCL's Selling, General, & Admin. Expense too high?
Bangkok Expressway and Metro PCL's current Selling, General, & Admin. Expense is €33.5 Mil. Overall, Bangkok Expressway and Metro PCL has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Expressway and Metro PCL's Selling, General, & Admin. Expense compare to UNP and CSX?
Bangkok Expressway and Metro PCL's Selling, General, & Admin. Expense of €33.5 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 Bangkok Expressway and Metro PCL and its competitors. Bangkok Expressway and Metro PCL's current Selling, General, & Admin. Expense is €33.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway and Metro PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Expressway and Metro PCL (FRA:B4X) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.19, compared to a current price of €0.17 — trading 10.5% below its estimated fair value. The current Selling, General, & Admin. Expense is €33.5 Mil. Bangkok Expressway and Metro PCL's overall GF Score™ is 63/100 with 13 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 Bangkok Expressway and Metro PCL (FRA:B4X), the current Selling, General, & Admin. Expense is €33.5 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 Bangkok Expressway and Metro PCL (FRA:B4X) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Expressway and Metro PCL stock appears to be undervalued. The current stock price of €0.17 is trading 10.5% below its estimated GF Value™ of €0.19. GuruFocus considers Bangkok Expressway and Metro PCL to be Modestly Undervalued.

Key valuation signals for FRA:B4X:

  • Selling, General, & Admin. Expense: €33.5 Mil
  • GF Value™: €0.19 vs. price of €0.17 (10.5% below fair value)
  • GF Score™: 63/100 with 13 warning signs

No single metric tells the full story. See the FRA:B4X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bangkok Expressway and Metro PCL Business Description

Other Exchanges BEM-F:ThailandBEM:Thailand
Address 587 Sutthisarn Road, Ratchacaphisek Subdistrict, Dindaeng District, Bangkok, THA, 10310
Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines and commercial development in Thailand. Along with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment.
63GF Score

Get the complete analysis for FRA:B4X

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

€0.17
Price
€0.19
GF Value