KYE Systems (TPE:2365) Selling, General, & Admin. Expense: NT$326.3 Mil (TTM As of Mar. 2026)

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Vera Yuan
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:2365 KYE Systems Corp TPE:2365
74 GF Score
Price NT$30.25
GF Value NT$35.97
Valuation Modestly Undervalued
! 3 Warning Signs
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What is KYE Systems Selling, General, & Admin. Expense?

KYE Systems TPE:2365 +0.67% 74 Selling, General, & Admin. Expense is NT$326.3 Mil as of Mar. 2026. GuruFocus rates TPE:2365 with a GF Score™ of 74/100 and a GF Value™ of NT$35.97 (Modestly Undervalued). The stock has 3 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. KYE Systems's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$82.3 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$326.3 Mil.


KYE Systems  (TPE:2365) 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.


KYE Systems Selling, General, & Admin. Expense Related Terms


KYE Systems Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for KYE Systems'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.

KYE Systems Selling, General, & Admin. Expense Chart

KYE Systems 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 295.31 276.10 277.09 313.11 326.08

KYE Systems 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 82.01 83.66 74.22 86.20 82.28

TPE:2365 vs DELL, ANET, SNDK: Selling, General, & Admin. Expense Comparison

For the Computer Hardware subindustry, KYE Systems'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.


KYE Systems Selling, General, & Admin. Expense vs Hardware Industry

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

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


TPE:2365
74GF Score
KYE Systems Corp TPE:2365
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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KYE Systems 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$326.3 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$326.3 Mil mean?
KYE Systems (TPE:2365) has a Selling, General, & Admin. Expense of NT$326.3 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 KYE Systems and its competitors.
Is KYE Systems' Selling, General, & Admin. Expense too high?
KYE Systems' current Selling, General, & Admin. Expense is NT$326.3 Mil. Overall, KYE Systems has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does KYE Systems' Selling, General, & Admin. Expense compare to DELL and ANET?
KYE Systems' Selling, General, & Admin. Expense of NT$326.3 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 KYE Systems and its competitors. KYE Systems's current Selling, General, & Admin. Expense is NT$326.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KYE Systems stock overvalued right now?
Based on GuruFocus' analysis, KYE Systems (TPE:2365) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$35.97, compared to a current price of NT$30.25 — trading 15.9% below its estimated fair value. The current Selling, General, & Admin. Expense is NT$326.3 Mil. KYE Systems' overall GF Score™ is 74/100 with 3 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 KYE Systems (TPE:2365), the current Selling, General, & Admin. Expense is NT$326.3 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 KYE Systems (TPE:2365) Overvalued in 2026?

Based on GuruFocus' analysis, KYE Systems stock appears to be undervalued. The current stock price of NT$30.25 is trading 15.9% below its estimated GF Value™ of NT$35.97. GuruFocus considers KYE Systems to be Modestly Undervalued.

Key valuation signals for TPE:2365:

  • Selling, General, & Admin. Expense: NT$326.3 Mil
  • GF Value™: NT$35.97 vs. price of NT$30.25 (15.9% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the TPE:2365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KYE Systems Business Description

Address Number 492, Chongxin Road, 1st-8th Floor, Section 5, Sanchong District, New Taipei City, TWN, 24160
KYE Systems Corp is a Taiwan-based company mainly engaged in the manufacturing, processing and trading of computer peripheral products such as computer mice, keyboards, video image products such as network and security cameras, and consumer electronic products such as headphone speakers and game console peripherals. The operating segments of the company are Electronic Products and Others. The majority of revenue is derived from the Electronic Products segment. Geographically, the company operates in Asia, America, Europe and Taiwan. The maximum revenue is generated from America.
74GF Score

Get the complete analysis for TPE:2365

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

NT$30.25
Price
NT$35.97
GF Value