Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Selling, General, & Admin. Expense: ₺1,508 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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IST:BRSAN Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS IST:BRSAN
66 GF Score
Price ₺715.50
GF Value ₺705.83
Valuation Fairly Valued
! 5 Warning Signs
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What is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Selling, General, & Admin. Expense?

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS IST:BRSAN +4.00% 66 Selling, General, & Admin. Expense is ₺1,508 Mil as of Jun. 2026. GuruFocus rates IST:BRSAN with a GF Score™ of 66/100 and a GF Value™ of ₺705.83 (Fairly Valued). 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. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's selling, general, & admin. expense for the three months ended in Jun. 2026 was ₺404 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₺1,508 Mil.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS  (IST:BRSAN) 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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Selling, General, & Admin. Expense Related Terms


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Selling, General, & Admin. Expense Chart

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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 214.51 572.08 784.10 1,111.81 1,379.82

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 330.28 344.66 382.25 376.60 404.45

IST:BRSAN vs NUE, STLD, RS: Selling, General, & Admin. Expense Comparison

For the Steel subindustry, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Selling, General, & Admin. Expense vs Steel Industry

For the Steel industry and Basic Materials sector, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Selling, General, & Admin. Expense falls into.


IST:BRSAN
66GF Score
Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS IST:BRSAN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,508 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 ₺1,508 Mil mean?
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) has a Selling, General, & Admin. Expense of ₺1,508 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 Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS and its competitors.
Is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Selling, General, & Admin. Expense too high?
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's current Selling, General, & Admin. Expense is ₺1,508 Mil. Overall, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Selling, General, & Admin. Expense compare to NUE and STLD?
Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Selling, General, & Admin. Expense of ₺1,508 Mil can be compared against companies in the Steel 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 Steel company?
A good Selling, General, & Admin. Expense depends on the Steel 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 Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS and its competitors. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's current Selling, General, & Admin. Expense is ₺1,508 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) is currently considered Fairly Valued. The stock's GF Value™ is ₺705.83, compared to a current price of ₺715.50 — trading 1.4% above its estimated fair value. The current Selling, General, & Admin. Expense is ₺1,508 Mil. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's overall GF Score™ is 66/100 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 Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN), the current Selling, General, & Admin. Expense is ₺1,508 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 Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Overvalued in 2026?

Based on GuruFocus' analysis, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺715.50 is trading 1.4% above its estimated GF Value™ of ₺705.83. GuruFocus considers Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS to be Fairly Valued.

Key valuation signals for IST:BRSAN:

  • Selling, General, & Admin. Expense: ₺1,508 Mil
  • GF Value™: ₺705.83 vs. price of ₺715.50 (1.4% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Business Description

Address Meclisi Mebusan Caddesi No. 35 – 37, Salipazari, Istanbul, TUR, 34427
Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS Formerly Borusan Mannesmann Boru Sanayi ve Ticaret AS is a steel tube and pipes manufacturer. The company's product portfolio includes gas pipes, water pipes, general purpose pipes, OCTG pipes, line pipe, precision tubes, heavy wall welded tubes, first fire protection systems, and easy flow fire protection sprinkler pipes. It provides products for various projects such as The NK1 Oil Pipeline, The Sahdeniz, The Blue Stream, Hungary Gas Pipeline, and TANAP projects. It exports products to various countries in Americas, Europe, Africa and Asia.
66GF Score

Get the complete analysis for IST:BRSAN

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

₺715.50
Price
₺705.83
GF Value