Airports of Vietnam (HSTC:ACV) Selling, General, & Admin. Expense: ₫444,306 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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.

HSTC:ACV Airports Corp. of Vietnam HSTC:ACV
88 GF Score
Price ₫38,800.00
GF Value ₫106,783.05
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Airports of Vietnam Selling, General, & Admin. Expense?

Airports of Vietnam HSTC:ACV -2.02% 88 Selling, General, & Admin. Expense is ₫444,306 Mil as of Dec. 2025. GuruFocus rates HSTC:ACV with a GF Score™ of 88/100 and a GF Value™ of ₫106,783.05 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Airports of Vietnam's selling, general, & admin. expense for the three months ended in Dec. 2025 was ₫122,839 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was ₫444,306 Mil.


Airports of Vietnam  (HSTC:ACV) 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.


Airports of Vietnam Selling, General, & Admin. Expense Related Terms


Airports of Vietnam Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Airports of Vietnam'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.

Airports of Vietnam Selling, General, & Admin. Expense Chart

Airports of Vietnam 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 311,132.22 232,774.55 233,124.36 246,639.82 345,666.12

Airports of Vietnam Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 72,379.86 61,337.63 174,533.80 85,595.18 122,839.27

HSTC:ACV vs JOBY, CAAP: Selling, General, & Admin. Expense Comparison

For the Airports & Air Services subindustry, Airports of Vietnam'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.


Airports of Vietnam Selling, General, & Admin. Expense vs Transportation Industry

For the Transportation industry and Industrials sector, Airports of Vietnam's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Airports of Vietnam's Selling, General, & Admin. Expense falls into.


HSTC:ACV
88GF Score
Airports Corp. of Vietnam HSTC:ACV
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Airports of Vietnam 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 quarterly data reported by the company within the most recent 12 months, which was ₫444,306 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 ₫444,306 Mil mean?
Airports of Vietnam (HSTC:ACV) has a Selling, General, & Admin. Expense of ₫444,306 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 Airports of Vietnam and its competitors.
Is Airports of Vietnam's Selling, General, & Admin. Expense too high?
Airports of Vietnam's current Selling, General, & Admin. Expense is ₫444,306 Mil. Overall, Airports of Vietnam has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airports of Vietnam's Selling, General, & Admin. Expense compare to JOBY and CAAP?
Airports of Vietnam's Selling, General, & Admin. Expense of ₫444,306 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 Airports of Vietnam and its competitors. Airports of Vietnam's current Selling, General, & Admin. Expense is ₫444,306 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports of Vietnam stock overvalued right now?
Based on GuruFocus' analysis, Airports of Vietnam (HSTC:ACV) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫106,783.05, compared to a current price of ₫38,800.00 — trading 63.7% below its estimated fair value. The current Selling, General, & Admin. Expense is ₫444,306 Mil. Airports of Vietnam's overall GF Score™ is 88/100 with 1 warning sign 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 Airports of Vietnam (HSTC:ACV), the current Selling, General, & Admin. Expense is ₫444,306 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 Airports of Vietnam (HSTC:ACV) Overvalued in 2026?

Based on GuruFocus' analysis, Airports of Vietnam stock appears to be undervalued. The current stock price of ₫38,800.00 is trading 63.7% below its estimated GF Value™ of ₫106,783.05. GuruFocus considers Airports of Vietnam to be Significantly Undervalued.

Key valuation signals for HSTC:ACV:

  • Selling, General, & Admin. Expense: ₫444,306 Mil
  • GF Value™: ₫106,783.05 vs. price of ₫38,800.00 (63.7% below fair value)
  • GF Score™: 88/100 with 1 warning sign

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


Airports of Vietnam Business Description

Address No. 58 Truong Son, Ward 2, Tan Binh District, Ho Chi Minh, VNM
Airports Corp. of Vietnam is engaged in managing international and domestic airports. The company is involved in investment, management of capital investments, direct manufacturing at airports, and aerodromes; Provision of services of aviation safety; Supply of technical services, science and technology services both domestic and offshore areas; and other related activities.
88GF Score

Get the complete analysis for HSTC:ACV

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

₫38,800.00
Price
₫106,783.05
GF Value