Parsan Makina Parcalarinayii AS (IST:PARSN) Selling, General, & Admin. Expense: ₺368 Mil (TTM As of Sep. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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:PARSN Parsan Makina Parcalari Sanayii AS IST:PARSN
52 GF Score
Price ₺74.60
GF Value ₺123.62
Valuation Possible Value Trap
! 8 Warning Signs
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What is Parsan Makina Parcalarinayii AS Selling, General, & Admin. Expense?

Parsan Makina Parcalarinayii AS IST:PARSN -0.47% 52 Selling, General, & Admin. Expense is ₺368 Mil as of Sep. 2025. GuruFocus rates IST:PARSN with a GF Score™ of 52/100 and a GF Value™ of ₺123.62 (Possible Value Trap). The stock has 8 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. Parsan Makina Parcalarinayii AS's selling, general, & admin. expense for the three months ended in Sep. 2025 was ₺209 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Sep. 2025 was ₺368 Mil.


Parsan Makina Parcalarinayii AS  (IST:PARSN) 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.


Parsan Makina Parcalarinayii AS Selling, General, & Admin. Expense Related Terms


Parsan Makina Parcalarinayii AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Parsan Makina Parcalarinayii 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.

Parsan Makina Parcalarinayii AS Selling, General, & Admin. Expense Chart

Parsan Makina Parcalarinayii AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.43 77.39 141.60 193.53 257.64

Parsan Makina Parcalarinayii AS Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 161.14 -193.85 167.19 185.42 208.84

IST:PARSN vs ORLY, AZO, GPC: Selling, General, & Admin. Expense Comparison

For the Auto Parts subindustry, Parsan Makina Parcalarinayii 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.


Parsan Makina Parcalarinayii AS Selling, General, & Admin. Expense vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Parsan Makina Parcalarinayii AS's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Parsan Makina Parcalarinayii AS's Selling, General, & Admin. Expense falls into.


IST:PARSN
52GF Score
Parsan Makina Parcalari Sanayii AS IST:PARSN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Parsan Makina Parcalarinayii 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺368 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 ₺368 Mil mean?
Parsan Makina Parcalarinayii AS (IST:PARSN) has a Selling, General, & Admin. Expense of ₺368 Mil as of Sep. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Parsan Makina Parcalarinayii AS and its competitors.
Is Parsan Makina Parcalarinayii AS's Selling, General, & Admin. Expense too high?
Parsan Makina Parcalarinayii AS's current Selling, General, & Admin. Expense is ₺368 Mil. Overall, Parsan Makina Parcalarinayii AS has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Parsan Makina Parcalarinayii AS's Selling, General, & Admin. Expense compare to ORLY and AZO?
Parsan Makina Parcalarinayii AS's Selling, General, & Admin. Expense of ₺368 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Selling, General, & Admin. Expense depends on the Vehicles & Parts 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 Parsan Makina Parcalarinayii AS and its competitors. Parsan Makina Parcalarinayii AS's current Selling, General, & Admin. Expense is ₺368 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parsan Makina Parcalarinayii AS stock overvalued right now?
Based on GuruFocus' analysis, Parsan Makina Parcalarinayii AS (IST:PARSN) is currently considered Possible Value Trap. The stock's GF Value™ is ₺123.62, compared to a current price of ₺74.60 — trading 39.7% below its estimated fair value. The current Selling, General, & Admin. Expense is ₺368 Mil. Parsan Makina Parcalarinayii AS's overall GF Score™ is 52/100 with 8 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 Parsan Makina Parcalarinayii AS (IST:PARSN), the current Selling, General, & Admin. Expense is ₺368 Mil as of Sep. 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 Parsan Makina Parcalarinayii AS (IST:PARSN) Overvalued in 2026?

Based on GuruFocus' analysis, Parsan Makina Parcalarinayii AS stock appears to be undervalued. The current stock price of ₺74.60 is trading 39.7% below its estimated GF Value™ of ₺123.62. GuruFocus considers Parsan Makina Parcalarinayii AS to be Possible Value Trap.

Key valuation signals for IST:PARSN:

  • Selling, General, & Admin. Expense: ₺368 Mil
  • GF Value™: ₺123.62 vs. price of ₺74.60 (39.7% below fair value)
  • GF Score™: 52/100 with 8 warning signs

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


Parsan Makina Parcalarinayii AS Business Description

Address Kemiklidere Mevkii PK: 3 Guzelyali Koyu, Pendik, Istanbul, TUR, 34903
Parsan Makina Parcalari Sanayii AS is a Turkey-based company involved in the business of forging, heat treatment, special machining and die production. It manufactures Cardan shafts, spider gears, slip shafts, other automotive products, rear axle shafts, front axle beams, and front axle assemblies, and track assemblies.
52GF Score

Get the complete analysis for IST:PARSN

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

₺74.60
Price
₺123.62
GF Value