BOE Varitronix (FRA:VTX) Selling, General, & Admin. Expense: €29 Mil (TTM As of Dec. 2025)

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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:VTX BOE Varitronix Ltd FRA:VTX
63 GF Score
Price €0.40
GF Value €0.79
Valuation Significantly Undervalued
! 5 Warning Signs
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What is BOE Varitronix Selling, General, & Admin. Expense?

BOE Varitronix FRA:VTX -1.49% 63 Selling, General, & Admin. Expense is €29 Mil as of Dec. 2025. GuruFocus rates FRA:VTX with a GF Score™ of 63/100 and a GF Value™ of €0.79 (Significantly Undervalued). 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. BOE Varitronix's selling, general, & admin. expense for the six months ended in Dec. 2025 was €15 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was €29 Mil.


BOE Varitronix  (FRA:VTX) 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.


BOE Varitronix Selling, General, & Admin. Expense Related Terms


BOE Varitronix Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for BOE Varitronix'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.

BOE Varitronix Selling, General, & Admin. Expense Chart

BOE Varitronix 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 13.56 16.25 18.05 31.48 28.67

BOE Varitronix Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 8.95 12.97 18.08 13.90 14.85

FRA:VTX vs APH, GLW, TEL: Selling, General, & Admin. Expense Comparison

For the Electronic Components subindustry, BOE Varitronix'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.


BOE Varitronix Selling, General, & Admin. Expense vs Hardware Industry

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

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


FRA:VTX
63GF Score
BOE Varitronix Ltd FRA:VTX
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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BOE Varitronix 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €29 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 €29 Mil mean?
BOE Varitronix (FRA:VTX) has a Selling, General, & Admin. Expense of €29 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on BOE Varitronix and its competitors.
Is BOE Varitronix's Selling, General, & Admin. Expense too high?
BOE Varitronix's current Selling, General, & Admin. Expense is €29 Mil. Overall, BOE Varitronix has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BOE Varitronix's Selling, General, & Admin. Expense compare to APH and GLW?
BOE Varitronix's Selling, General, & Admin. Expense of €29 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 BOE Varitronix and its competitors. BOE Varitronix's current Selling, General, & Admin. Expense is €29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOE Varitronix stock overvalued right now?
Based on GuruFocus' analysis, BOE Varitronix (FRA:VTX) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.79, compared to a current price of €0.40 — trading 49.6% below its estimated fair value. The current Selling, General, & Admin. Expense is €29 Mil. BOE Varitronix's overall GF Score™ is 63/100 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 BOE Varitronix (FRA:VTX), the current Selling, General, & Admin. Expense is €29 Mil as of Dec. 2025. 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 BOE Varitronix (FRA:VTX) Overvalued in 2026?

Based on GuruFocus' analysis, BOE Varitronix stock appears to be undervalued. The current stock price of €0.40 is trading 49.6% below its estimated GF Value™ of €0.79. GuruFocus considers BOE Varitronix to be Significantly Undervalued.

Key valuation signals for FRA:VTX:

  • Selling, General, & Admin. Expense: €29 Mil
  • GF Value™: €0.79 vs. price of €0.40 (49.6% below fair value)
  • GF Score™: 63/100 with 5 warning signs

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


BOE Varitronix Business Description

Other Exchanges VARXF:USA00710:Hong Kong
Address No. 7 Shing Yip Street, Units A-F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the design, manufacture and sale of liquid crystal displays and related products. The company's geographical segments include the PRC, Europe, Japan, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.
63GF Score

Get the complete analysis for FRA:VTX

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

€0.40
Price
€0.79
GF Value