Ulker Biskuvinayi AS (IST:ULKER) Selling, General, & Admin. Expense: ₺11,701 Mil (TTM As of Mar. 2026)

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IST:ULKER Ulker Biskuvi Sanayi AS IST:ULKER
83 GF Score
Price ₺88.00
GF Value ₺131.99
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Ulker Biskuvinayi AS Selling, General, & Admin. Expense?

Ulker Biskuvinayi AS IST:ULKER +0.63% 83 Selling, General, & Admin. Expense is ₺11,701 Mil as of Mar. 2026. GuruFocus rates IST:ULKER with a GF Score™ of 83/100 and a GF Value™ of ₺131.99 (Significantly Undervalued). The stock has 7 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. Ulker Biskuvinayi AS's selling, general, & admin. expense for the three months ended in Mar. 2026 was ₺3,708 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺11,701 Mil.


Ulker Biskuvinayi AS  (IST:ULKER) 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.


Ulker Biskuvinayi AS Selling, General, & Admin. Expense Related Terms


Ulker Biskuvinayi AS Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Ulker Biskuvinayi 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.

Ulker Biskuvinayi AS Selling, General, & Admin. Expense Chart

Ulker Biskuvinayi 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 963.07 3,872.08 6,477.41 10,151.52 11,524.79

Ulker Biskuvinayi 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 3,848.70 2,401.09 2,423.29 3,168.71 3,708.34

IST:ULKER vs MDLZ, HSY, TR: Selling, General, & Admin. Expense Comparison

For the Confectioners subindustry, Ulker Biskuvinayi 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.


Ulker Biskuvinayi AS Selling, General, & Admin. Expense vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ulker Biskuvinayi AS's Selling, General, & Admin. Expense distribution charts can be found below:

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


IST:ULKER
83GF Score
Ulker Biskuvi Sanayi AS IST:ULKER
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ulker Biskuvinayi 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 ₺11,701 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 ₺11,701 Mil mean?
Ulker Biskuvinayi AS (IST:ULKER) has a Selling, General, & Admin. Expense of ₺11,701 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 Ulker Biskuvinayi AS and its competitors.
Is Ulker Biskuvinayi AS's Selling, General, & Admin. Expense too high?
Ulker Biskuvinayi AS's current Selling, General, & Admin. Expense is ₺11,701 Mil. Overall, Ulker Biskuvinayi AS has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulker Biskuvinayi AS's Selling, General, & Admin. Expense compare to MDLZ and HSY?
Ulker Biskuvinayi AS's Selling, General, & Admin. Expense of ₺11,701 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Selling, General, & Admin. Expense depends on the Consumer Packaged Goods 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 Ulker Biskuvinayi AS and its competitors. Ulker Biskuvinayi AS's current Selling, General, & Admin. Expense is ₺11,701 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulker Biskuvinayi AS stock overvalued right now?
Based on GuruFocus' analysis, Ulker Biskuvinayi AS (IST:ULKER) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺131.99, compared to a current price of ₺88.00 — trading 33.3% below its estimated fair value. The current Selling, General, & Admin. Expense is ₺11,701 Mil. Ulker Biskuvinayi AS's overall GF Score™ is 83/100 with 7 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 Ulker Biskuvinayi AS (IST:ULKER), the current Selling, General, & Admin. Expense is ₺11,701 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 Ulker Biskuvinayi AS (IST:ULKER) Overvalued in 2026?

Based on GuruFocus' analysis, Ulker Biskuvinayi AS stock appears to be undervalued. The current stock price of ₺88.00 is trading 33.3% below its estimated GF Value™ of ₺131.99. GuruFocus considers Ulker Biskuvinayi AS to be Significantly Undervalued.

Key valuation signals for IST:ULKER:

  • Selling, General, & Admin. Expense: ₺11,701 Mil
  • GF Value™: ₺131.99 vs. price of ₺88.00 (33.3% below fair value)
  • GF Score™: 83/100 with 7 warning signs

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


Ulker Biskuvinayi AS Business Description

Other Exchanges UELKY:USA
Address Kysykly Mah. Ferah Cad. No:1, Buyuk Camlyca, Uskudar, Istanbul, TUR, 34692
Ulker Biskuvi Sanayi AS is engaged in manufacturing marketing, and sale of biscuits, chocolate-coated biscuits, wafers, cakes, and chocolate. The brands of the company include Ulker, Alpella, Albeni, Dido, Laviva, Cocostar, Godiva, Piko, Buklet, and others. Substantially all of the remaining revenue is from cake sales. The company earns majority of its revenue from domestic market.
83GF Score

Get the complete analysis for IST:ULKER

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

₺88.00
Price
₺131.99
GF Value