Tekfen Holding AS (IST:TKFEN) Selling, General, & Admin. Expense: ₺2,402 Mil (TTM As of Mar. 2026)

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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:TKFEN Tekfen Holding AS IST:TKFEN
44 GF Score
Price ₺185.10
GF Value ₺56.87
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Tekfen Holding AS Selling, General, & Admin. Expense?

Tekfen Holding AS IST:TKFEN +9.98% 44 Selling, General, & Admin. Expense is ₺2,402 Mil as of Mar. 2026. GuruFocus rates IST:TKFEN with a GF Score™ of 44/100 and a GF Value™ of ₺56.87 (Significantly Overvalued). The stock has 10 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. Tekfen Holding AS's selling, general, & admin. expense for the three months ended in Mar. 2026 was ₺1,463 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺2,402 Mil.


Tekfen Holding AS  (IST:TKFEN) 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.


Tekfen Holding AS Selling, General, & Admin. Expense Related Terms


Tekfen Holding AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Tekfen Holding 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.

Tekfen Holding AS Selling, General, & Admin. Expense Chart

Tekfen Holding 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 460.15 1,775.72 3,065.27 4,279.19 2,463.54

Tekfen Holding 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 1,666.30 975.80 934.88 -971.43 1,462.59

IST:TKFEN vs CTVA, CF, MOS: Selling, General, & Admin. Expense Comparison

For the Agricultural Inputs subindustry, Tekfen Holding 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.


Tekfen Holding AS Selling, General, & Admin. Expense vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tekfen Holding AS's Selling, General, & Admin. Expense distribution charts can be found below:

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


IST:TKFEN
44GF Score
Tekfen Holding AS IST:TKFEN
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Tekfen Holding 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 ₺2,402 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 ₺2,402 Mil mean?
Tekfen Holding AS (IST:TKFEN) has a Selling, General, & Admin. Expense of ₺2,402 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 Tekfen Holding AS and its competitors.
Is Tekfen Holding AS's Selling, General, & Admin. Expense too high?
Tekfen Holding AS's current Selling, General, & Admin. Expense is ₺2,402 Mil. Overall, Tekfen Holding AS has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tekfen Holding AS's Selling, General, & Admin. Expense compare to CTVA and CF?
Tekfen Holding AS's Selling, General, & Admin. Expense of ₺2,402 Mil can be compared against companies in the Agriculture 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 an Agriculture company?
A good Selling, General, & Admin. Expense depends on the Agriculture 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 Tekfen Holding AS and its competitors. Tekfen Holding AS's current Selling, General, & Admin. Expense is ₺2,402 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekfen Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Tekfen Holding AS (IST:TKFEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺56.87, compared to a current price of ₺185.10 — trading 225.5% above its estimated fair value. The current Selling, General, & Admin. Expense is ₺2,402 Mil. Tekfen Holding AS's overall GF Score™ is 44/100 with 10 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 Tekfen Holding AS (IST:TKFEN), the current Selling, General, & Admin. Expense is ₺2,402 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 Tekfen Holding AS (IST:TKFEN) Overvalued in 2026?

Based on GuruFocus' analysis, Tekfen Holding AS stock appears to be overvalued. The current stock price of ₺185.10 is trading 225.5% above its estimated GF Value™ of ₺56.87. GuruFocus considers Tekfen Holding AS to be Significantly Overvalued.

Key valuation signals for IST:TKFEN:

  • Selling, General, & Admin. Expense: ₺2,402 Mil
  • GF Value™: ₺56.87 vs. price of ₺185.10 (225.5% above fair value)
  • GF Score™: 44/100 with 10 warning signs

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


Tekfen Holding AS Business Description

Address Kultur Mahallesi, Tekfen Sitesi, Budak Sokak, A Blok, No. 7, Ulus-Besiktas, Istanbul, TUR, 34340
Tekfen Holding AS is a conglomerate that operates in below business lines: Engineering and Contracting; Agricultural Industry; and Investment. It generates maximum revenue from the Agricultural Industry segment. The Agricultural Industry segment is engaged in the production and sale of mineral fertilizers as well as special water soluble fertilizers and organic fertilizers. It also manufactures bags used in fertilizer packaging in its facility. Additionally, it generates biogas through the fermentation of organic wastes and electricity from biogas and also produces solid and liquid organic fertilizers from wastes that have completed the gasification process. Geographically, the company generates maximum revenue from Turkey and the rest from the CIS, the Middle East, and other regions.
44GF Score

Get the complete analysis for IST:TKFEN

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

₺185.10
Price
₺56.87
GF Value