PT Sinar Mas Multiartha Tbk (ISX:SMMA) Selling, General, & Admin. Expense: Rp1,421,173 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

ISX:SMMA PT Sinar Mas Multiartha Tbk ISX:SMMA
62 GF Score
Price Rp20,175.00
GF Value Rp15,946.05
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is PT Sinar Mas Multiartha Tbk Selling, General, & Admin. Expense?

PT Sinar Mas Multiartha Tbk ISX:SMMA 62 Selling, General, & Admin. Expense is Rp1,421,173 Mil as of Mar. 2026. GuruFocus rates ISX:SMMA with a GF Score™ of 62/100 and a GF Value™ of Rp15,946.05 (Modestly 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 Sinar Mas Multiartha Tbk's selling, general, & admin. expense for the three months ended in Mar. 2026 was Rp558,046 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was Rp1,421,173 Mil.


PT Sinar Mas Multiartha Tbk  (ISX:SMMA) 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 Sinar Mas Multiartha Tbk Selling, General, & Admin. Expense Related Terms


PT Sinar Mas Multiartha Tbk Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk Selling, General, & Admin. Expense Chart

PT Sinar Mas Multiartha Tbk 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 1,479,228.00 1,552,162.00 1,766,391.00 1,618,001.00 1,469,744.00

PT Sinar Mas Multiartha Tbk 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 606,617.00 310,276.00 776,498.00 -223,647.00 558,046.00

ISX:SMMA vs BRK.A, AIG, HIG: Selling, General, & Admin. Expense Comparison

For the Insurance - Diversified subindustry, PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk Selling, General, & Admin. Expense vs Insurance Industry

For the Insurance industry and Financial Services sector, PT Sinar Mas Multiartha Tbk's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where PT Sinar Mas Multiartha Tbk's Selling, General, & Admin. Expense falls into.


ISX:SMMA
62GF Score
PT Sinar Mas Multiartha Tbk ISX:SMMA
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Sinar Mas Multiartha 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 Rp1,421,173 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 Rp1,421,173 Mil mean?
PT Sinar Mas Multiartha Tbk (ISX:SMMA) has a Selling, General, & Admin. Expense of Rp1,421,173 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 Sinar Mas Multiartha Tbk and its competitors.
Is PT Sinar Mas Multiartha Tbk's Selling, General, & Admin. Expense too high?
PT Sinar Mas Multiartha Tbk's current Selling, General, & Admin. Expense is Rp1,421,173 Mil. Overall, PT Sinar Mas Multiartha Tbk has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Sinar Mas Multiartha Tbk's Selling, General, & Admin. Expense compare to BRK.A and AIG?
PT Sinar Mas Multiartha Tbk's Selling, General, & Admin. Expense of Rp1,421,173 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Selling, General, & Admin. Expense depends on the Insurance 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 Sinar Mas Multiartha Tbk and its competitors. PT Sinar Mas Multiartha Tbk's current Selling, General, & Admin. Expense is Rp1,421,173 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Sinar Mas Multiartha Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Sinar Mas Multiartha Tbk (ISX:SMMA) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp15,946.05, compared to a current price of Rp20,175.00 — trading 26.5% above its estimated fair value. The current Selling, General, & Admin. Expense is Rp1,421,173 Mil. PT Sinar Mas Multiartha Tbk's overall GF Score™ is 62/100 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 Sinar Mas Multiartha Tbk (ISX:SMMA), the current Selling, General, & Admin. Expense is Rp1,421,173 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 Sinar Mas Multiartha Tbk (ISX:SMMA) Overvalued in 2026?

Based on GuruFocus' analysis, PT Sinar Mas Multiartha Tbk stock appears to be overvalued. The current stock price of Rp20,175.00 is trading 26.5% above its estimated GF Value™ of Rp15,946.05. GuruFocus considers PT Sinar Mas Multiartha Tbk to be Modestly Overvalued.

Key valuation signals for ISX:SMMA:

  • Selling, General, & Admin. Expense: Rp1,421,173 Mil
  • GF Value™: Rp15,946.05 vs. price of Rp20,175.00 (26.5% above fair value)
  • GF Score™: 62/100 with 2 warning signs

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


PT Sinar Mas Multiartha Tbk Business Description

Address Sinar Mas Land Plaza, Tower I Lt 1 dan 2, Jl. MH Thamrin No. 51, Jakarta, IDN, 10350
PT Sinar Mas Multiartha Tbk provides an integrated and comprehensive range of financial services in Indonesia. The company is engaged in insurance underwriting, consumer financing, factoring of accounts, securities administration, securities brokerage, investment management, banking, development, Information technology, trading, and other related services. It is also involved in the auction house, property, health clinic, and workshop activities.
62GF Score

Get the complete analysis for ISX:SMMA

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

Rp20,175.00
Price
Rp15,946.05
GF Value