CMC Magnetics (TPE:2323) Selling, General, & Admin. Expense: NT$1,637 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

TPE:2323 CMC Magnetics Corp TPE:2323
61 GF Score
Price NT$10.30
GF Value NT$11.40
Valuation Modestly Undervalued
! 5 Warning Signs
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What is CMC Magnetics Selling, General, & Admin. Expense?

CMC Magnetics TPE:2323 +0.98% 61 Selling, General, & Admin. Expense is NT$1,637 Mil as of Mar. 2026. GuruFocus rates TPE:2323 with a GF Score™ of 61/100 and a GF Value™ of NT$11.40 (Modestly Undervalued). The stock has 5 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. CMC Magnetics's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$410 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,637 Mil.


CMC Magnetics  (TPE:2323) 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.


CMC Magnetics Selling, General, & Admin. Expense Related Terms


CMC Magnetics Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for CMC Magnetics'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.

CMC Magnetics Selling, General, & Admin. Expense Chart

CMC Magnetics 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 1,754.93 1,684.16 1,678.15 1,629.54 1,642.49

CMC Magnetics 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 416.07 397.68 378.19 450.56 410.11

TPE:2323 vs DELL, ANET, SNDK: Selling, General, & Admin. Expense Comparison

For the Computer Hardware subindustry, CMC Magnetics'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.


CMC Magnetics Selling, General, & Admin. Expense vs Hardware Industry

For the Hardware industry and Technology sector, CMC Magnetics's Selling, General, & Admin. Expense distribution charts can be found below:

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


TPE:2323
61GF Score
CMC Magnetics Corp TPE:2323
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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CMC Magnetics 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 NT$1,637 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 NT$1,637 Mil mean?
CMC Magnetics (TPE:2323) has a Selling, General, & Admin. Expense of NT$1,637 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 CMC Magnetics and its competitors.
Is CMC Magnetics' Selling, General, & Admin. Expense too high?
CMC Magnetics' current Selling, General, & Admin. Expense is NT$1,637 Mil. Overall, CMC Magnetics has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMC Magnetics' Selling, General, & Admin. Expense compare to DELL and ANET?
CMC Magnetics' Selling, General, & Admin. Expense of NT$1,637 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Selling, General, & Admin. Expense depends on the Hardware 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 CMC Magnetics and its competitors. CMC Magnetics's current Selling, General, & Admin. Expense is NT$1,637 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Magnetics stock overvalued right now?
Based on GuruFocus' analysis, CMC Magnetics (TPE:2323) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$11.40, compared to a current price of NT$10.30 — trading 9.6% below its estimated fair value. The current Selling, General, & Admin. Expense is NT$1,637 Mil. CMC Magnetics' overall GF Score™ is 61/100 with 5 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 CMC Magnetics (TPE:2323), the current Selling, General, & Admin. Expense is NT$1,637 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 CMC Magnetics (TPE:2323) Overvalued in 2026?

Based on GuruFocus' analysis, CMC Magnetics stock appears to be undervalued. The current stock price of NT$10.30 is trading 9.6% below its estimated GF Value™ of NT$11.40. GuruFocus considers CMC Magnetics to be Modestly Undervalued.

Key valuation signals for TPE:2323:

  • Selling, General, & Admin. Expense: NT$1,637 Mil
  • GF Value™: NT$11.40 vs. price of NT$10.30 (9.6% below fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the TPE:2323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CMC Magnetics Business Description

Address No. 53, Minquan West Road, 15th Floor, Zhongshan District, Taipei City, TWN, 104026
CMC Magnetics Corp is mainly engaged in the manufacturing and sale of consumer electronic products, including optical discs, as well as the acquisition of film agency rights and the production and distribution of digital discs and Blu-ray discs for sales. Its products include M-disc, CMC Pro, HP CD, and data storage products. Its segments are: the Storage Media segment, which generates the maximum revenue and is engaged in the manufacturing and sale of consumer electronic products, including optical discs; the Other Optoelectronic segment, which manufactures and sells panels; the Investment segment, which invests in various businesses; and the Other Segment. Europe generates the maximum revenue for the Group.
61GF Score

Get the complete analysis for TPE:2323

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

NT$10.30
Price
NT$11.40
GF Value