Chunghwa Telecom Co (FRA:CHWD) Selling, General, & Admin. Expense: €955 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
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:CHWD Chunghwa Telecom Co Ltd FRA:CHWD
92 GF Score
Price €37.40
GF Value €36.54
! 5 Warning Signs
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What is Chunghwa Telecom Co Selling, General, & Admin. Expense?

Chunghwa Telecom Co FRA:CHWD +1.08% 92 Selling, General, & Admin. Expense is €955 Mil as of Mar. 2026. GuruFocus rates FRA:CHWD with a GF Score™ of 92/100 and a GF Value™ of €36.54. The stock has 5 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. Chunghwa Telecom Co's selling, general, & admin. expense for the three months ended in Mar. 2026 was €228 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €955 Mil.


Chunghwa Telecom Co  (FRA:CHWD) 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.


Chunghwa Telecom Co Selling, General, & Admin. Expense Related Terms


Chunghwa Telecom Co Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Chunghwa Telecom Co'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.

Chunghwa Telecom Co Selling, General, & Admin. Expense Chart

Chunghwa Telecom Co 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 836.81 905.40 892.02 946.34 918.96

Chunghwa Telecom Co 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 222.54 239.07 229.05 258.92 228.00

FRA:CHWD vs TMUS, VZ, T: Selling, General, & Admin. Expense Comparison

For the Telecom Services subindustry, Chunghwa Telecom Co'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.


Chunghwa Telecom Co Selling, General, & Admin. Expense vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chunghwa Telecom Co's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Chunghwa Telecom Co's Selling, General, & Admin. Expense falls into.


FRA:CHWD
92GF Score
Chunghwa Telecom Co Ltd FRA:CHWD
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Chunghwa Telecom Co 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 €955 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 €955 Mil mean?
Chunghwa Telecom Co (FRA:CHWD) has a Selling, General, & Admin. Expense of €955 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 Chunghwa Telecom Co and its competitors.
Is Chunghwa Telecom Co's Selling, General, & Admin. Expense too high?
Chunghwa Telecom Co's current Selling, General, & Admin. Expense is €955 Mil. Overall, Chunghwa Telecom Co has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Chunghwa Telecom Co's Selling, General, & Admin. Expense compare to TMUS and VZ?
Chunghwa Telecom Co's Selling, General, & Admin. Expense of €955 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Selling, General, & Admin. Expense depends on the Telecommunication 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 Chunghwa Telecom Co and its competitors. Chunghwa Telecom Co's current Selling, General, & Admin. Expense is €955 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chunghwa Telecom Co stock overvalued right now?
Chunghwa Telecom Co (FRA:CHWD) has a current Selling, General, & Admin. Expense of €955 Mil. The stock's GF Value™ is €36.54, compared to a current price of €37.40 — trading 2.4% above its estimated fair value. The current Selling, General, & Admin. Expense is €955 Mil. Chunghwa Telecom Co's overall GF Score™ is 92/100 with 5 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 Chunghwa Telecom Co (FRA:CHWD), the current Selling, General, & Admin. Expense is €955 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 Chunghwa Telecom Co (FRA:CHWD) Overvalued in 2026?

Based on GuruFocus' analysis, Chunghwa Telecom Co stock appears to be overvalued. The current stock price of €37.40 is trading 2.4% above its estimated GF Value™ of €36.54.

Key valuation signals for FRA:CHWD:

  • Selling, General, & Admin. Expense: €955 Mil
  • GF Value™: €36.54 vs. price of €37.40 (2.4% above fair value)
  • GF Score™: 92/100 with 5 warning signs

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


Chunghwa Telecom Co Business Description

Other Exchanges CHT:USA2412:Taiwan
Address Hsinyi Road, Section 1, No. 21-3, Zhongzheng District, Taipei, TWN, 100012
Chunghwa Telecom Co Ltd is Taiwan's integrated telecom operator, providing fixed-line, wireless, and Internet and data services. The company's reportable segments are: Consumer Business, Enterprise Business, International Business, and Others. The majority of its revenue comes from the Consumer Business, which focuses on individual and home-centric businesses, such as mobile, fixed broadband, Wi-Fi, IPTV (MOD), and OTT services. The Enterprise business offers IDC, cloud, cybersecurity, 5G, AIoT, data, AI, enterprise digital transformation, and system integration services to businesses, and the International business segment represents services offered to international customers. Geographically, the company generates maximum revenue from its business in Taiwan.
92GF 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.

€37.40
Price
€36.54
GF Value