Ginebran Miguel (PHS:GSMI) Selling, General, & Admin. Expense: ₱4,388 Mil (TTM As of Mar. 2026)


PHS:GSMI Ginebra San Miguel Inc PHS:GSMI
87 GF Score
Price ₱253.00
GF Value ₱296.53
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Ginebran Miguel Selling, General, & Admin. Expense?

Ginebran Miguel PHS:GSMI -3.80% 87 Selling, General, & Admin. Expense is ₱4,388 Mil as of Mar. 2026. GuruFocus rates PHS:GSMI with a GF Score™ of 87/100 and a GF Value™ of ₱296.53 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Ginebran Miguel's selling, general, & admin. expense for the three months ended in Mar. 2026 was ₱1,683 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₱4,388 Mil.


Ginebran Miguel  (PHS:GSMI) 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.


Ginebran Miguel Selling, General, & Admin. Expense Related Terms


Ginebran Miguel Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Ginebran Miguel'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.

Ginebran Miguel Selling, General, & Admin. Expense Chart

Ginebran Miguel 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 2,929.75 3,246.81 3,646.78 4,066.58 4,323.29

Ginebran Miguel 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 1,618.46 1,929.78 1,797.16 -1,022.12 1,682.77

PHS:GSMI vs BF.B: Selling, General, & Admin. Expense Comparison

For the Beverages - Wineries & Distilleries subindustry, Ginebran Miguel'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.


Ginebran Miguel Selling, General, & Admin. Expense vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ginebran Miguel's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Ginebran Miguel's Selling, General, & Admin. Expense falls into.


PHS:GSMI
87GF Score
Ginebra San Miguel Inc PHS:GSMI
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ginebran Miguel 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 ₱4,388 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 ₱4,388 Mil mean?
Ginebran Miguel (PHS:GSMI) has a Selling, General, & Admin. Expense of ₱4,388 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 Ginebran Miguel and its competitors.
Is Ginebran Miguel's Selling, General, & Admin. Expense too high?
Ginebran Miguel's current Selling, General, & Admin. Expense is ₱4,388 Mil. Overall, Ginebran Miguel has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ginebran Miguel's Selling, General, & Admin. Expense compare to BF.B?
Ginebran Miguel's Selling, General, & Admin. Expense of ₱4,388 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Selling, General, & Admin. Expense depends on the Beverages - Alcoholic 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 Ginebran Miguel and its competitors. Ginebran Miguel's current Selling, General, & Admin. Expense is ₱4,388 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginebran Miguel stock overvalued right now?
Based on GuruFocus' analysis, Ginebran Miguel (PHS:GSMI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱296.53, compared to a current price of ₱253.00 — trading 14.7% below its estimated fair value. The current Selling, General, & Admin. Expense is ₱4,388 Mil. Ginebran Miguel's overall GF Score™ is 87/100 with 1 warning sign 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 Ginebran Miguel (PHS:GSMI), the current Selling, General, & Admin. Expense is ₱4,388 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 Ginebran Miguel (PHS:GSMI) Overvalued in 2026?

Based on GuruFocus' analysis, Ginebran Miguel stock appears to be undervalued. The current stock price of ₱253.00 is trading 14.7% below its estimated GF Value™ of ₱296.53. GuruFocus considers Ginebran Miguel to be Modestly Undervalued.

Key valuation signals for PHS:GSMI:

  • Selling, General, & Admin. Expense: ₱4,388 Mil
  • GF Value™: ₱296.53 vs. price of ₱253.00 (14.7% below fair value)
  • GF Score™: 87/100 with 1 warning sign

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


Ginebran Miguel Business Description

Address St. Francis Street, Ortigas Center, 3rd and 6th Floor, San Miguel Properties Centre, Mandaluyong, PHL, 1550
Ginebra San Miguel Inc manufactures and sells alcoholic beverages in the Philippines. It offers alcoholic beverages, under the following brand names: Ginebra San Miguel gin, GSM Blue, GSM Blue Flavors, Ginebra San Miguel Premium Gin, Antonov Vodka, Primera Light Brandy, Vino Kulafu, and Antonov vodka.
87GF Score

Get the complete analysis for PHS:GSMI

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

₱253.00
Price
₱296.53
GF Value