TNGRF (Thungela Resources) Selling, General, & Admin. Expense: $26 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

TNGRF Thungela Resources Ltd TNGRF
78 GF Score
Price $6.50
GF Value $7.01
Valuation Fairly Valued
! 7 Warning Signs
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What is Thungela Resources Selling, General, & Admin. Expense?

Thungela Resources TNGRF +0.20% 78 Selling, General, & Admin. Expense is $26 Mil as of Dec. 2025. GuruFocus rates TNGRF with a GF Score™ of 78/100 and a GF Value™ of $7.01 (Fairly Valued). 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. Thungela Resources's selling, general, & admin. expense for the six months ended in Dec. 2025 was $17 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was $26 Mil.


Thungela Resources  (OTCPK:TNGRF) 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.


Thungela Resources Selling, General, & Admin. Expense Related Terms


Thungela Resources Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Thungela Resources'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.

Thungela Resources Selling, General, & Admin. Expense Chart

Thungela Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial 29.76 29.92 15.14 15.86 26.20

Thungela Resources Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.61 8.74 7.03 8.98 16.69

TNGRF vs CNR: Selling, General, & Admin. Expense Comparison

For the Thermal Coal subindustry, Thungela Resources'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.


Thungela Resources Selling, General, & Admin. Expense vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thungela Resources's Selling, General, & Admin. Expense distribution charts can be found below:

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


TNGRF
78GF Score
Thungela Resources Ltd TNGRF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Thungela Resources 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 semi-annually data reported by the company within the most recent 12 months, which was $26 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 $26 Mil mean?
Thungela Resources (TNGRF) has a Selling, General, & Admin. Expense of $26 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 Thungela Resources and its competitors.
Is Thungela Resources' Selling, General, & Admin. Expense too high?
Thungela Resources' current Selling, General, & Admin. Expense is $26 Mil. Overall, Thungela Resources has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thungela Resources' Selling, General, & Admin. Expense compare to CNR?
Thungela Resources' Selling, General, & Admin. Expense of $26 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Selling, General, & Admin. Expense depends on the Other Energy Sources 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 Thungela Resources and its competitors. Thungela Resources's current Selling, General, & Admin. Expense is $26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thungela Resources stock overvalued right now?
Based on GuruFocus' analysis, Thungela Resources (TNGRF) is currently considered Fairly Valued. The stock's GF Value™ is $7.01, compared to a current price of $6.50 — trading 7.3% below its estimated fair value. The current Selling, General, & Admin. Expense is $26 Mil. Thungela Resources' overall GF Score™ is 78/100 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 Thungela Resources (TNGRF), the current Selling, General, & Admin. Expense is $26 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 Thungela Resources (TNGRF) Overvalued in 2026?

Based on GuruFocus' analysis, Thungela Resources stock appears to be undervalued. The current stock price of $6.50 is trading 7.3% below its estimated GF Value™ of $7.01. GuruFocus considers Thungela Resources to be Fairly Valued.

Key valuation signals for TNGRF:

  • Selling, General, & Admin. Expense: $26 Mil
  • GF Value™: $7.01 vs. price of $6.50 (7.3% below fair value)
  • GF Score™: 78/100 with 7 warning signs

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


Thungela Resources Business Description

Address 25 Bath Avenue, Rosebank, Johannesburg, GT, ZAF, 2196
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal with operations in South Africa and Australia. The group focuses on high-quality coal reserves and marketable production, positioning as a key player in the energy market by delivering coal through world-class ports, and powering nations. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining, and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa. Its operational segments are Opencast, Underground, and Services.
78GF Score

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

$6.50
Price
$7.01
GF Value