Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) Selling, General, & Admin. Expense: ₺320 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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IST:TRGYO Torunlar Gayrimenkul Yatirim Ortakligi AS IST:TRGYO
88 GF Score
Price ₺93.40
GF Value ₺93.14
Valuation Fairly Valued
! 4 Warning Signs
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What is Torunlar Gayrimenkul Yatirim Ortakligi AS Selling, General, & Admin. Expense?

Torunlar Gayrimenkul Yatirim Ortakligi AS IST:TRGYO -0.69% 88 Selling, General, & Admin. Expense is ₺320 Mil as of Jun. 2026. GuruFocus rates IST:TRGYO with a GF Score™ of 88/100 and a GF Value™ of ₺93.14 (Fairly Valued). 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. Torunlar Gayrimenkul Yatirim Ortakligi AS's selling, general, & admin. expense for the three months ended in Jun. 2026 was ₺66 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₺320 Mil.


Torunlar Gayrimenkul Yatirim Ortakligi AS  (IST:TRGYO) 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.


Torunlar Gayrimenkul Yatirim Ortakligi AS Selling, General, & Admin. Expense Related Terms


Torunlar Gayrimenkul Yatirim Ortakligi AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Torunlar Gayrimenkul Yatirim Ortakligi 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.

Torunlar Gayrimenkul Yatirim Ortakligi AS Selling, General, & Admin. Expense Chart

Torunlar Gayrimenkul Yatirim Ortakligi 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 68.99 277.49 379.45 201.54 261.47

Torunlar Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 48.28 61.25 94.98 97.54 66.35

IST:TRGYO vs VICI, WPC: Selling, General, & Admin. Expense Comparison

For the REIT - Diversified subindustry, Torunlar Gayrimenkul Yatirim Ortakligi 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.


Torunlar Gayrimenkul Yatirim Ortakligi AS Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Torunlar Gayrimenkul Yatirim Ortakligi AS's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Torunlar Gayrimenkul Yatirim Ortakligi AS's Selling, General, & Admin. Expense falls into.


IST:TRGYO
88GF Score
Torunlar Gayrimenkul Yatirim Ortakligi AS IST:TRGYO
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Torunlar Gayrimenkul Yatirim Ortakligi 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺320 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 ₺320 Mil mean?
Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) has a Selling, General, & Admin. Expense of ₺320 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Torunlar Gayrimenkul Yatirim Ortakligi AS and its competitors.
Is Torunlar Gayrimenkul Yatirim Ortakligi AS's Selling, General, & Admin. Expense too high?
Torunlar Gayrimenkul Yatirim Ortakligi AS's current Selling, General, & Admin. Expense is ₺320 Mil. Overall, Torunlar Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Torunlar Gayrimenkul Yatirim Ortakligi AS's Selling, General, & Admin. Expense compare to VICI and WPC?
Torunlar Gayrimenkul Yatirim Ortakligi AS's Selling, General, & Admin. Expense of ₺320 Mil can be compared against companies in the REITs 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 REITs company?
A good Selling, General, & Admin. Expense depends on the REITs 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 Torunlar Gayrimenkul Yatirim Ortakligi AS and its competitors. Torunlar Gayrimenkul Yatirim Ortakligi AS's current Selling, General, & Admin. Expense is ₺320 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torunlar Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) is currently considered Fairly Valued. The stock's GF Value™ is ₺93.14, compared to a current price of ₺93.40 — trading 0.3% above its estimated fair value. The current Selling, General, & Admin. Expense is ₺320 Mil. Torunlar Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 88/100 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 Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO), the current Selling, General, & Admin. Expense is ₺320 Mil as of Jun. 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 Torunlar Gayrimenkul Yatirim Ortakligi AS (IST:TRGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Torunlar Gayrimenkul Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺93.40 is trading 0.3% above its estimated GF Value™ of ₺93.14. GuruFocus considers Torunlar Gayrimenkul Yatirim Ortakligi AS to be Fairly Valued.

Key valuation signals for IST:TRGYO:

  • Selling, General, & Admin. Expense: ₺320 Mil
  • GF Value™: ₺93.14 vs. price of ₺93.40 (0.3% above fair value)
  • GF Score™: 88/100 with 4 warning signs

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


Torunlar Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Ruzgarlibahce Neighborhood Ozalp Exit No. 4, Beykoz, Istanbul, TUR, 34805
Torunlar Gayrimenkul Yatirim Ortakligi AS is engaged in developing living centers, including shopping malls, residences, offices, and hotels, with a focus on people and their lives. Its objective is to invest in retail, residential, entertainment, and office real estate development projects. The group operates in all phases of project development and management, including fundraising, land acquisition, project financing, permitting, design, construction supervision, sales, and marketing. It also undertakes post-project activities such as tenant mix and rent management, rent restructuring, renovation and expansion work, and other activities aimed at maximizing visitor traffic, occupancy rates, and rental income in shopping malls.
88GF Score

Get the complete analysis for IST:TRGYO

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

₺93.40
Price
₺93.14
GF Value