Ayen Enerji AS (IST:AYEN) Selling, General, & Admin. Expense: ₺391 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

IST:AYEN Ayen Enerji AS IST:AYEN
49 GF Score
Price ₺36.02
GF Value ₺23.08
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ayen Enerji AS Selling, General, & Admin. Expense?

Ayen Enerji AS IST:AYEN -0.33% 49 Selling, General, & Admin. Expense is ₺391 Mil as of Mar. 2026. GuruFocus rates IST:AYEN with a GF Score™ of 49/100 and a GF Value™ of ₺23.08 (Significantly Overvalued). 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. Ayen Enerji AS's selling, general, & admin. expense for the three months ended in Mar. 2026 was ₺53 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺391 Mil.


Ayen Enerji AS  (IST:AYEN) 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.


Ayen Enerji AS Selling, General, & Admin. Expense Related Terms


Ayen Enerji AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Ayen Enerji AS'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.

Ayen Enerji AS Selling, General, & Admin. Expense Chart

Ayen Enerji AS 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 32.76 124.55 337.24 369.40 427.44

Ayen Enerji AS 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 52.08 83.08 84.71 169.99 52.87

Ayen Enerji AS Selling, General, & Admin. Expense Competitor Comparison

For the Utilities - Renewable subindustry, Ayen Enerji AS'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.


Ayen Enerji AS Selling, General, & Admin. Expense vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ayen Enerji AS's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Ayen Enerji AS's Selling, General, & Admin. Expense falls into.


IST:AYEN
49GF Score
Ayen Enerji AS IST:AYEN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ayen Enerji AS 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 ₺391 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 ₺391 Mil mean?
Ayen Enerji AS (IST:AYEN) has a Selling, General, & Admin. Expense of ₺391 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 Ayen Enerji AS and its competitors.
Is Ayen Enerji AS's Selling, General, & Admin. Expense too high?
Ayen Enerji AS's current Selling, General, & Admin. Expense is ₺391 Mil. Overall, Ayen Enerji AS has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayen Enerji AS's Selling, General, & Admin. Expense compare to competitors?
Ayen Enerji AS's Selling, General, & Admin. Expense of ₺391 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Selling, General, & Admin. Expense depends on the Utilities - Independent Power Producers 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 Ayen Enerji AS and its competitors. Ayen Enerji AS's current Selling, General, & Admin. Expense is ₺391 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayen Enerji AS stock overvalued right now?
Based on GuruFocus' analysis, Ayen Enerji AS (IST:AYEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺23.08, compared to a current price of ₺36.02 — trading 56.1% above its estimated fair value. The current Selling, General, & Admin. Expense is ₺391 Mil. Ayen Enerji AS's overall GF Score™ is 49/100 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 Ayen Enerji AS (IST:AYEN), the current Selling, General, & Admin. Expense is ₺391 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 Ayen Enerji AS (IST:AYEN) Overvalued in 2026?

Based on GuruFocus' analysis, Ayen Enerji AS stock appears to be overvalued. The current stock price of ₺36.02 is trading 56.1% above its estimated GF Value™ of ₺23.08. GuruFocus considers Ayen Enerji AS to be Significantly Overvalued.

Key valuation signals for IST:AYEN:

  • Selling, General, & Admin. Expense: ₺391 Mil
  • GF Value™: ₺23.08 vs. price of ₺36.02 (56.1% above fair value)
  • GF Score™: 49/100 with 6 warning signs

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


Ayen Enerji AS Business Description

Address Hulya Sokak No: 37, Gaziosmanpasa, Ankara, TUR, 06700
Ayen Enerji AS is a Turkey-based company engaged in the generation, transmission, distribution, and trading of electricity. The company's geographical segment includes Turkey and Abroad. It generates maximum revenue from Abroad. The company generates the majority of its energy from Hydro plants. The companies located in abroad operate in Albania, Serbia, and Slovenia.
49GF Score

Get the complete analysis for IST:AYEN

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

₺36.02
Price
₺23.08
GF Value