Pt Multi Makmur Lemindo Tbk (ISX:PIPA) Selling, General, & Admin. Expense: Rp9,309 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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ISX:PIPA Pt Multi Makmur Lemindo Tbk ISX:PIPA
61 GF Score
Price Rp114.00
GF Value Rp32.97
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Pt Multi Makmur Lemindo Tbk Selling, General, & Admin. Expense?

Pt Multi Makmur Lemindo Tbk ISX:PIPA -2.56% 61 Selling, General, & Admin. Expense is Rp9,309 Mil as of Mar. 2026. GuruFocus rates ISX:PIPA with a GF Score™ of 61/100 and a GF Value™ of Rp32.97 (Significantly Overvalued). The stock has 2 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. Pt Multi Makmur Lemindo Tbk's selling, general, & admin. expense for the three months ended in Mar. 2026 was Rp2,281 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was Rp9,309 Mil.


Pt Multi Makmur Lemindo Tbk  (ISX:PIPA) 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.


Pt Multi Makmur Lemindo Tbk Selling, General, & Admin. Expense Related Terms


Pt Multi Makmur Lemindo Tbk Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Pt Multi Makmur Lemindo Tbk'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.

Pt Multi Makmur Lemindo Tbk Selling, General, & Admin. Expense Chart

Pt Multi Makmur Lemindo Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 1,268.17 2,007.49 2,900.00 4,831.45 7,857.36

Pt Multi Makmur Lemindo Tbk Quarterly Data
Dec19 Dec20 Dec21 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 829.88 387.45 1,070.41 5,569.61 2,281.20

ISX:PIPA vs TT, JCI, CARR: Selling, General, & Admin. Expense Comparison

For the Building Products & Equipment subindustry, Pt Multi Makmur Lemindo Tbk'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.


Pt Multi Makmur Lemindo Tbk Selling, General, & Admin. Expense vs Construction Industry

For the Construction industry and Industrials sector, Pt Multi Makmur Lemindo Tbk's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Pt Multi Makmur Lemindo Tbk's Selling, General, & Admin. Expense falls into.


ISX:PIPA
61GF Score
Pt Multi Makmur Lemindo Tbk ISX:PIPA
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Pt Multi Makmur Lemindo Tbk 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 Rp9,309 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 Rp9,309 Mil mean?
Pt Multi Makmur Lemindo Tbk (ISX:PIPA) has a Selling, General, & Admin. Expense of Rp9,309 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 Pt Multi Makmur Lemindo Tbk and its competitors.
Is Pt Multi Makmur Lemindo Tbk's Selling, General, & Admin. Expense too high?
Pt Multi Makmur Lemindo Tbk's current Selling, General, & Admin. Expense is Rp9,309 Mil. Overall, Pt Multi Makmur Lemindo Tbk has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pt Multi Makmur Lemindo Tbk's Selling, General, & Admin. Expense compare to TT and JCI?
Pt Multi Makmur Lemindo Tbk's Selling, General, & Admin. Expense of Rp9,309 Mil can be compared against companies in the Construction 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 Construction company?
A good Selling, General, & Admin. Expense depends on the Construction 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 Pt Multi Makmur Lemindo Tbk and its competitors. Pt Multi Makmur Lemindo Tbk's current Selling, General, & Admin. Expense is Rp9,309 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pt Multi Makmur Lemindo Tbk stock overvalued right now?
Based on GuruFocus' analysis, Pt Multi Makmur Lemindo Tbk (ISX:PIPA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp32.97, compared to a current price of Rp114.00 — trading 245.8% above its estimated fair value. The current Selling, General, & Admin. Expense is Rp9,309 Mil. Pt Multi Makmur Lemindo Tbk's overall GF Score™ is 61/100 with 2 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 Pt Multi Makmur Lemindo Tbk (ISX:PIPA), the current Selling, General, & Admin. Expense is Rp9,309 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 Pt Multi Makmur Lemindo Tbk (ISX:PIPA) Overvalued in 2026?

Based on GuruFocus' analysis, Pt Multi Makmur Lemindo Tbk stock appears to be overvalued. The current stock price of Rp114.00 is trading 245.8% above its estimated GF Value™ of Rp32.97. GuruFocus considers Pt Multi Makmur Lemindo Tbk to be Significantly Overvalued.

Key valuation signals for ISX:PIPA:

  • Selling, General, & Admin. Expense: Rp9,309 Mil
  • GF Value™: Rp32.97 vs. price of Rp114.00 (245.8% above fair value)
  • GF Score™: 61/100 with 2 warning signs

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


Pt Multi Makmur Lemindo Tbk Business Description

Address Jl. Sultan Iskandar Muda No.70, Kedaung Baru, Neglasari Tangerang, Banten, Tangerang, IDN, 15128
Pt Multi Makmur Lemindo Tbk is engaged in the engaged in manufacturing building materials made of PVC-based plastic such as PVC pipes, PVC fittings, PVC Hose, Cast Buckets and Water Tanks by toll-free at other factories using its patented brand.
61GF Score

Get the complete analysis for ISX:PIPA

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

Rp114.00
Price
Rp32.97
GF Value