Aviat Networks (FRA:HSD1) Selling, General, & Admin. Expense: €75.0 Mil (TTM As of Mar. 2026)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:HSD1 Aviat Networks Inc FRA:HSD1
76 GF Score
Price €18.20
GF Value €20.61
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Aviat Networks Selling, General, & Admin. Expense?

Aviat Networks FRA:HSD1 +4.60% 76 Selling, General, & Admin. Expense is €75.0 Mil as of Mar. 2026. GuruFocus rates FRA:HSD1 with a GF Score™ of 76/100 and a GF Value™ of €20.61 (Modestly Undervalued). The stock has 6 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. Aviat Networks's selling, general, & admin. expense for the three months ended in Mar. 2026 was €17.6 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €75.0 Mil.


Aviat Networks  (FRA:HSD1) 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.


Aviat Networks Selling, General, & Admin. Expense Related Terms


Aviat Networks Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Aviat Networks'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.

Aviat Networks Selling, General, & Admin. Expense Chart

Aviat Networks Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.75 54.54 64.46 79.00 77.58

Aviat Networks 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 20.46 18.32 19.92 19.12 17.62

FRA:HSD1 vs LTRX, BKTI, SILC: Selling, General, & Admin. Expense Comparison

For the Communication Equipment subindustry, Aviat Networks'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.


Aviat Networks Selling, General, & Admin. Expense vs Hardware Industry

For the Hardware industry and Technology sector, Aviat Networks's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Aviat Networks's Selling, General, & Admin. Expense falls into.


FRA:HSD1
76GF Score
Aviat Networks Inc FRA:HSD1
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Aviat Networks 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 €75.0 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 €75.0 Mil mean?
Aviat Networks (FRA:HSD1) has a Selling, General, & Admin. Expense of €75.0 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 Aviat Networks and its competitors.
Is Aviat Networks' Selling, General, & Admin. Expense too high?
Aviat Networks' current Selling, General, & Admin. Expense is €75.0 Mil. Overall, Aviat Networks has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aviat Networks' Selling, General, & Admin. Expense compare to LTRX and BKTI?
Aviat Networks' Selling, General, & Admin. Expense of €75.0 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Selling, General, & Admin. Expense depends on the Hardware 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 Aviat Networks and its competitors. Aviat Networks's current Selling, General, & Admin. Expense is €75.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aviat Networks stock overvalued right now?
Based on GuruFocus' analysis, Aviat Networks (FRA:HSD1) is currently considered Modestly Undervalued. The stock's GF Value™ is €20.61, compared to a current price of €18.20 — trading 11.7% below its estimated fair value. The current Selling, General, & Admin. Expense is €75.0 Mil. Aviat Networks' overall GF Score™ is 76/100 with 6 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 Aviat Networks (FRA:HSD1), the current Selling, General, & Admin. Expense is €75.0 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 Aviat Networks (FRA:HSD1) Overvalued in 2026?

Based on GuruFocus' analysis, Aviat Networks stock appears to be undervalued. The current stock price of €18.20 is trading 11.7% below its estimated GF Value™ of €20.61. GuruFocus considers Aviat Networks to be Modestly Undervalued.

Key valuation signals for FRA:HSD1:

  • Selling, General, & Admin. Expense: €75.0 Mil
  • GF Value™: €20.61 vs. price of €18.20 (11.7% below fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the FRA:HSD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aviat Networks Business Description

Other Exchanges AVNW:USA
Address 200 Parker Drive, Suite C100A, Austin, TX, USA, 78728
Aviat Networks Inc provides wireless transport and access networking solutions designed to support telecommunications operators and private network providers situated in various countries. The company offers a range of microwave and millimeter wave radios, network management tools, and services that enable high-capacity, secure, and reliable data transport over wireless networks. Its products serve diverse clients including mobile operators, public safety organizations, utilities, government agencies, and enterprise customers. Aviat generates revenue from the sale of its networking equipment, professional services, and ongoing support contracts. Its operations cover various regions including the Americas, Europe, Asia Pacific, the Middle East, and Africa.
76GF 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.

€18.20
Price
€20.61
GF Value