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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. TPI Composites's selling, general, & admin. expense for the
three
months ended in Dec. 2025 was MXN65 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was MXN401 Mil.
TPI Composites (MEX:TPIC) 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.
TPI Composites Selling, General, & Admin. Expense Related Terms
TPI Composites Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for TPI Composites'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.
TPI Composites Selling, General, & Admin. Expense Chart
MEX:TPIC vs CHMX, INLF, GEV: Selling, General, & Admin. Expense Comparison
For the Specialty Industrial Machinery subindustry, TPI Composites'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.
TPI Composites Selling, General, & Admin. Expense vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, TPI Composites's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where TPI Composites's Selling, General, & Admin. Expense falls into.
TPI Composites 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN401 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 MXN401 Mil mean?
TPI Composites (MEX:TPIC) has a Selling, General, & Admin. Expense of MXN401 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on TPI Composites and its competitors.
Is TPI Composites' Selling, General, & Admin. Expense too high?
TPI Composites' current Selling, General, & Admin. Expense is MXN401 Mil. Overall, TPI Composites has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does TPI Composites' Selling, General, & Admin. Expense compare to CHMX and INLF?
TPI Composites' Selling, General, & Admin. Expense of MXN401 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Selling, General, & Admin. Expense depends on the Industrial Products 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 TPI Composites and its competitors. TPI Composites's current Selling, General, & Admin. Expense is MXN401 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPI Composites stock overvalued right now?
TPI Composites (MEX:TPIC) has a current Selling, General, & Admin. Expense of MXN401 Mil. The stock's GF Value™ is MXN47,367.69, compared to a current price of MXN99.00 — trading 99.8% below its estimated fair value. The current Selling, General, & Admin. Expense is MXN401 Mil. TPI Composites' overall GF Score™ is 16/100 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 TPI Composites (MEX:TPIC), the current Selling, General, & Admin. Expense is MXN401 Mil as of Dec. 2025. 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 TPI Composites (MEX:TPIC) Overvalued in 2026?
Based on GuruFocus' analysis, TPI Composites stock appears to be undervalued.
The current stock price of MXN99.00 is trading 99.8% below its estimated GF Value™ of MXN47,367.69.
Key valuation signals for MEX:TPIC:
Selling, General, & Admin. Expense: MXN401 Mil
GF Value™: MXN47,367.69 vs. price of MXN99.00 (99.8% below fair value)
No single metric tells the full story. See the MEX:TPIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
16GF Score
Get the complete analysis for MEX:TPIC
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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