Netas Telekomunikasyon AS (IST:NETAS) Selling, General, & Admin. Expense: ₺703 Mil (TTM As of Dec. 2025)

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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:NETAS Netas Telekomunikasyon AS IST:NETAS
47 GF Score
Price ₺61.55
GF Value ₺101.81
Valuation Possible Value Trap
! 4 Warning Signs
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What is Netas Telekomunikasyon AS Selling, General, & Admin. Expense?

Netas Telekomunikasyon AS IST:NETAS -1.83% 47 Selling, General, & Admin. Expense is ₺703 Mil as of Dec. 2025. GuruFocus rates IST:NETAS with a GF Score™ of 47/100 and a GF Value™ of ₺101.81 (Possible Value Trap). The stock has 4 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. Netas Telekomunikasyon AS's selling, general, & admin. expense for the three months ended in Dec. 2025 was ₺191 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was ₺703 Mil.


Netas Telekomunikasyon AS  (IST:NETAS) 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.


Netas Telekomunikasyon AS Selling, General, & Admin. Expense Related Terms


Netas Telekomunikasyon AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Netas Telekomunikasyon 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.

Netas Telekomunikasyon AS Selling, General, & Admin. Expense Chart

Netas Telekomunikasyon 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 216.86 312.55 447.06 653.16 703.44

Netas Telekomunikasyon AS 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 176.92 168.24 159.08 185.17 190.95

IST:NETAS vs CSCO, MSI, HPE: Selling, General, & Admin. Expense Comparison

For the Communication Equipment subindustry, Netas Telekomunikasyon 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.


Netas Telekomunikasyon AS Selling, General, & Admin. Expense vs Hardware Industry

For the Hardware industry and Technology sector, Netas Telekomunikasyon AS's Selling, General, & Admin. Expense distribution charts can be found below:

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


IST:NETAS
47GF Score
Netas Telekomunikasyon AS IST:NETAS
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Netas Telekomunikasyon 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺703 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 ₺703 Mil mean?
Netas Telekomunikasyon AS (IST:NETAS) has a Selling, General, & Admin. Expense of ₺703 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 Netas Telekomunikasyon AS and its competitors.
Is Netas Telekomunikasyon AS's Selling, General, & Admin. Expense too high?
Netas Telekomunikasyon AS's current Selling, General, & Admin. Expense is ₺703 Mil. Overall, Netas Telekomunikasyon AS has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Netas Telekomunikasyon AS's Selling, General, & Admin. Expense compare to CSCO and MSI?
Netas Telekomunikasyon AS's Selling, General, & Admin. Expense of ₺703 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 Netas Telekomunikasyon AS and its competitors. Netas Telekomunikasyon AS's current Selling, General, & Admin. Expense is ₺703 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netas Telekomunikasyon AS stock overvalued right now?
Based on GuruFocus' analysis, Netas Telekomunikasyon AS (IST:NETAS) is currently considered Possible Value Trap. The stock's GF Value™ is ₺101.81, compared to a current price of ₺61.55 — trading 39.5% below its estimated fair value. The current Selling, General, & Admin. Expense is ₺703 Mil. Netas Telekomunikasyon AS's overall GF Score™ is 47/100 with 4 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 Netas Telekomunikasyon AS (IST:NETAS), the current Selling, General, & Admin. Expense is ₺703 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 Netas Telekomunikasyon AS (IST:NETAS) Overvalued in 2026?

Based on GuruFocus' analysis, Netas Telekomunikasyon AS stock appears to be undervalued. The current stock price of ₺61.55 is trading 39.5% below its estimated GF Value™ of ₺101.81. GuruFocus considers Netas Telekomunikasyon AS to be Possible Value Trap.

Key valuation signals for IST:NETAS:

  • Selling, General, & Admin. Expense: ₺703 Mil
  • GF Value™: ₺101.81 vs. price of ₺61.55 (39.5% below fair value)
  • GF Score™: 47/100 with 4 warning signs

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


Netas Telekomunikasyon AS Business Description

Address Osmanli Bulvari, Aeropark Sitesi B Blok No:11B Kapi, Ic Kapi No:40, Yenisehir Mahallesi, Istanbul, TUR, 34912
Netas Telekomunikasyon AS is engaged in the manufacture and trade of telecommunication equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation activities, and associated services. The group continues to provide end-to-end solutions and technology services to service providers and institutions in local and international markets. Its solutions and services are Cyber Security Solutions, New Generation Data Center, Localized Solutions, Mobile Broadband Solutions, Managed Services, Cyber Security Operation Center, Netas Network Operation Center, Informatics Support Services, and Others. Its operating segments are: Telecom, System Integration, Technology, and BDH.
47GF Score

Get the complete analysis for IST:NETAS

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

₺61.55
Price
₺101.81
GF Value