Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES) Selling, General, & Admin. Expense: ₺651 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

IST:INDES Indeks Bilgisayar Sistemelri Muhendislik Sanayi Ve Ticaret AS IST:INDES
73 GF Score
Price ₺11.20
GF Value ₺12.14
Valuation Fairly Valued
! 5 Warning Signs
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What is Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS Selling, General, & Admin. Expense?

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS IST:INDES +4.19% 73 Selling, General, & Admin. Expense is ₺651 Mil as of Mar. 2026. GuruFocus rates IST:INDES with a GF Score™ of 73/100 and a GF Value™ of ₺12.14 (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. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's selling, general, & admin. expense for the three months ended in Mar. 2026 was ₺135 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺651 Mil.


Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS  (IST:INDES) 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.


Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS Selling, General, & Admin. Expense Related Terms


Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Indeks Bilgisayar Sistemelri Muhendisliknayi 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.

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS Selling, General, & Admin. Expense Chart

Indeks Bilgisayar Sistemelri Muhendisliknayi 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 156.68 527.57 323.13 390.78 462.20

Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret 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 140.61 97.69 308.30 109.84 135.44

IST:INDES vs SNX, ARW, AVT: Selling, General, & Admin. Expense Comparison

For the Electronics & Computer Distribution subindustry, Indeks Bilgisayar Sistemelri Muhendisliknayi 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.


Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS Selling, General, & Admin. Expense vs Hardware Industry

For the Hardware industry and Technology sector, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's Selling, General, & Admin. Expense falls into.


IST:INDES
73GF Score
Indeks Bilgisayar Sistemelri Muhendislik Sanayi Ve Ticaret AS IST:INDES
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Indeks Bilgisayar Sistemelri Muhendisliknayi 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺651 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 ₺651 Mil mean?
Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES) has a Selling, General, & Admin. Expense of ₺651 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 Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS and its competitors.
Is Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's Selling, General, & Admin. Expense too high?
Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's current Selling, General, & Admin. Expense is ₺651 Mil. Overall, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's Selling, General, & Admin. Expense compare to SNX and ARW?
Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's Selling, General, & Admin. Expense of ₺651 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 Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS and its competitors. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's current Selling, General, & Admin. Expense is ₺651 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES) is currently considered Fairly Valued. The stock's GF Value™ is ₺12.14, compared to a current price of ₺11.20 — trading 7.7% below its estimated fair value. The current Selling, General, & Admin. Expense is ₺651 Mil. Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS's overall GF Score™ is 73/100 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 Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES), the current Selling, General, & Admin. Expense is ₺651 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 Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS (IST:INDES) Overvalued in 2026?

Based on GuruFocus' analysis, Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺11.20 is trading 7.7% below its estimated GF Value™ of ₺12.14. GuruFocus considers Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS to be Fairly Valued.

Key valuation signals for IST:INDES:

  • Selling, General, & Admin. Expense: ₺651 Mil
  • GF Value™: ₺12.14 vs. price of ₺11.20 (7.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Indeks Bilgisayar Sistemelri Muhendisliknayi Ve Ticaret AS Business Description

Address Ayazaga Mahallesi, Ayazaga Cendere, Caddesi No:13/1 Sisli, Istanbul, TUR, 34396
Indeks Bilgisayar Sistemelri Muhendislik Sanayi Ve Ticaret AS is a Turkey-based company involved in distributing various kinds of IT products to IT firms in Turkey. The product offerings of the company include PC, Notebook, Server, Peripherals, Hard disk, Motherboard, VGA Card and Memory Products among others.
73GF Score

Get the complete analysis for IST:INDES

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

₺11.20
Price
₺12.14
GF Value