Kordsa Teknik Tekstil AS (IST:KORDS) Selling, General, & Admin. Expense: ₺4,175 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:KORDS Kordsa Teknik Tekstil AS IST:KORDS
73 GF Score
Price ₺71.55
GF Value ₺89.56
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Kordsa Teknik Tekstil AS Selling, General, & Admin. Expense?

Kordsa Teknik Tekstil AS IST:KORDS -0.90% 73 Selling, General, & Admin. Expense is ₺4,175 Mil as of Mar. 2026. GuruFocus rates IST:KORDS with a GF Score™ of 73/100 and a GF Value™ of ₺89.56 (Modestly Undervalued). 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. Kordsa Teknik Tekstil AS's selling, general, & admin. expense for the three months ended in Mar. 2026 was ₺1,155 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺4,175 Mil.


Kordsa Teknik Tekstil AS  (IST:KORDS) 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.


Kordsa Teknik Tekstil AS Selling, General, & Admin. Expense Related Terms


Kordsa Teknik Tekstil AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Kordsa Teknik Tekstil 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.

Kordsa Teknik Tekstil AS Selling, General, & Admin. Expense Chart

Kordsa Teknik Tekstil 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 823.54 1,749.46 2,388.94 3,501.68 3,945.09

Kordsa Teknik Tekstil 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 924.47 942.15 956.02 1,122.45 1,154.64

Kordsa Teknik Tekstil AS Selling, General, & Admin. Expense Competitor Comparison

For the Textile Manufacturing subindustry, Kordsa Teknik Tekstil 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.


Kordsa Teknik Tekstil AS Selling, General, & Admin. Expense vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kordsa Teknik Tekstil AS's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Kordsa Teknik Tekstil AS's Selling, General, & Admin. Expense falls into.


IST:KORDS
73GF Score
Kordsa Teknik Tekstil AS IST:KORDS
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kordsa Teknik Tekstil 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 ₺4,175 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 ₺4,175 Mil mean?
Kordsa Teknik Tekstil AS (IST:KORDS) has a Selling, General, & Admin. Expense of ₺4,175 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 Kordsa Teknik Tekstil AS and its competitors.
Is Kordsa Teknik Tekstil AS's Selling, General, & Admin. Expense too high?
Kordsa Teknik Tekstil AS's current Selling, General, & Admin. Expense is ₺4,175 Mil. Overall, Kordsa Teknik Tekstil AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kordsa Teknik Tekstil AS's Selling, General, & Admin. Expense compare to competitors?
Kordsa Teknik Tekstil AS's Selling, General, & Admin. Expense of ₺4,175 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Selling, General, & Admin. Expense depends on the Manufacturing - Apparel & Accessories 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 Kordsa Teknik Tekstil AS and its competitors. Kordsa Teknik Tekstil AS's current Selling, General, & Admin. Expense is ₺4,175 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kordsa Teknik Tekstil AS stock overvalued right now?
Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS (IST:KORDS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺89.56, compared to a current price of ₺71.55 — trading 20.1% below its estimated fair value. The current Selling, General, & Admin. Expense is ₺4,175 Mil. Kordsa Teknik Tekstil AS's overall GF Score™ is 73/100 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 Kordsa Teknik Tekstil AS (IST:KORDS), the current Selling, General, & Admin. Expense is ₺4,175 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 Kordsa Teknik Tekstil AS (IST:KORDS) Overvalued in 2026?

Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS stock appears to be undervalued. The current stock price of ₺71.55 is trading 20.1% below its estimated GF Value™ of ₺89.56. GuruFocus considers Kordsa Teknik Tekstil AS to be Modestly Undervalued.

Key valuation signals for IST:KORDS:

  • Selling, General, & Admin. Expense: ₺4,175 Mil
  • GF Value™: ₺89.56 vs. price of ₺71.55 (20.1% below fair value)
  • GF Score™: 73/100 with 6 warning signs

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


Kordsa Teknik Tekstil AS Business Description

Address Alikahya Fatih Mahallesi Sanayici Caddesi No. 90, Izmit, Kocaeli, TUR, 41310
Kordsa Teknik Tekstil AS is mainly engaged in the production of carcass and industrial fabrics used in vehicle tires; manufacture of industrial fabrics used in rubber and plastic materials such as transmission belts, V belts and rubber hoses; production of heavy denier fibre and connection fabrics; conversion of yarn into cord fabric, fabric for mechanical rubber goods and other rubber reinforcement materials and the marketing thereof; and production of Nylon 6, Nylon 6.6, PET (Polyethyleneterephthalate) HMLS polyester, and rayon heavy decitex yarn for use in tires and mechanical rubber goods. The Company operates in Europe, the Middle East and Africa, North America, South America and Asia.
73GF Score

Get the complete analysis for IST:KORDS

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

₺71.55
Price
₺89.56
GF Value