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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. TIM's selling, general, & admin. expense for the
three
months ended in Jun. 2026 was €354 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was €1,075 Mil.
TIM (FRA:TCZ) 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.
TIM Selling, General, & Admin. Expense Related Terms
TIM Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for TIM'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.
FRA:TCZ vs VZ, TMUS, T: Selling, General, & Admin. Expense Comparison
For the Telecom Services subindustry, TIM'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.
TIM Selling, General, & Admin. Expense vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, TIM's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where TIM's Selling, General, & Admin. Expense falls into.
TIM 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 €1,075 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 €1,075 Mil mean?
TIM (FRA:TCZ) has a Selling, General, & Admin. Expense of €1,075 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 TIM and its competitors.
Is TIM's Selling, General, & Admin. Expense too high?
TIM's current Selling, General, & Admin. Expense is €1,075 Mil. Overall, TIM has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TIM's Selling, General, & Admin. Expense compare to VZ and TMUS?
TIM's Selling, General, & Admin. Expense of €1,075 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 TIM and its competitors. TIM's current Selling, General, & Admin. Expense is €1,075 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TIM stock overvalued right now?
Based on GuruFocus' analysis, TIM (FRA:TCZ) is currently considered Fairly Valued. The stock's GF Value™ is €18.22, compared to a current price of €16.90 — trading 7.2% below its estimated fair value. The current Selling, General, & Admin. Expense is €1,075 Mil. TIM's overall GF Score™ is 89/100 with 2 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 TIM (FRA:TCZ), the current Selling, General, & Admin. Expense is €1,075 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 TIM (FRA:TCZ) Overvalued in 2026?
Based on GuruFocus' analysis, TIM stock appears to be undervalued.
The current stock price of €16.90 is trading 7.2% below its estimated GF Value™ of €18.22.
GuruFocus considers TIM to be Fairly Valued.
Key valuation signals for FRA:TCZ:
Selling, General, & Admin. Expense: €1,075 Mil
GF Value™: €18.22 vs. price of €16.90 (7.2% below fair value)
No single metric tells the full story. See the FRA:TCZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TIM, which is 67%-owned by Telecom Italia, is the third-largest wireless carrier in Brazil, with 62 million subscribers, equal to about 23% of the market. The firm owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 8 million locations, including 6.5 million with fiber, equal to 10%-15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand, but it has agreed to buy out its joint venture partner in 2026 and will take full ownership of these assets. TIM also resells fiber network access from other providers.
89GF Score
Get the complete analysis for FRA:TCZ
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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