TST Group Holding (TPE:4439) Selling, General, & Admin. Expense: NT$832 Mil (TTM As of Mar. 2026)

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Charlie Tian
Founder & CEO of GuruFocus
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TPE:4439 TST Group Holding Ltd TPE:4439
77 GF Score
Price NT$101.50
GF Value NT$120.44
Valuation Modestly Undervalued
! 6 Warning Signs
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What is TST Group Holding Selling, General, & Admin. Expense?

TST Group Holding TPE:4439 +0.50% 77 Selling, General, & Admin. Expense is NT$832 Mil as of Mar. 2026. GuruFocus rates TPE:4439 with a GF Score™ of 77/100 and a GF Value™ of NT$120.44 (Modestly Undervalued). The stock has 6 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. TST Group Holding's selling, general, & admin. expense for the three months ended in Mar. 2026 was NT$208 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$832 Mil.


TST Group Holding  (TPE:4439) 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.


TST Group Holding Selling, General, & Admin. Expense Related Terms


TST Group Holding Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for TST Group Holding'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.

TST Group Holding Selling, General, & Admin. Expense Chart

TST Group Holding 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 673.88 705.08 736.06 703.69 825.74

TST Group Holding 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 201.45 201.76 215.92 206.62 207.98

TST Group Holding Selling, General, & Admin. Expense Competitor Comparison

For the Textile Manufacturing subindustry, TST Group Holding'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.


TST Group Holding Selling, General, & Admin. Expense vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TST Group Holding's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where TST Group Holding's Selling, General, & Admin. Expense falls into.


TPE:4439
77GF Score
TST Group Holding Ltd TPE:4439
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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TST Group Holding 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$832 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$832 Mil mean?
TST Group Holding (TPE:4439) has a Selling, General, & Admin. Expense of NT$832 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 TST Group Holding and its competitors.
Is TST Group Holding's Selling, General, & Admin. Expense too high?
TST Group Holding's current Selling, General, & Admin. Expense is NT$832 Mil. Overall, TST Group Holding has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TST Group Holding's Selling, General, & Admin. Expense compare to competitors?
TST Group Holding's Selling, General, & Admin. Expense of NT$832 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Selling, General, & Admin. Expense depends on the Manufacturing - Apparel & Accessories 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 TST Group Holding and its competitors. TST Group Holding's current Selling, General, & Admin. Expense is NT$832 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TST Group Holding stock overvalued right now?
Based on GuruFocus' analysis, TST Group Holding (TPE:4439) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$120.44, compared to a current price of NT$101.50 — trading 15.7% below its estimated fair value. The current Selling, General, & Admin. Expense is NT$832 Mil. TST Group Holding's overall GF Score™ is 77/100 with 6 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 TST Group Holding (TPE:4439), the current Selling, General, & Admin. Expense is NT$832 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 TST Group Holding (TPE:4439) Overvalued in 2026?

Based on GuruFocus' analysis, TST Group Holding stock appears to be undervalued. The current stock price of NT$101.50 is trading 15.7% below its estimated GF Value™ of NT$120.44. GuruFocus considers TST Group Holding to be Modestly Undervalued.

Key valuation signals for TPE:4439:

  • Selling, General, & Admin. Expense: NT$832 Mil
  • GF Value™: NT$120.44 vs. price of NT$101.50 (15.7% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the TPE:4439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TST Group Holding Business Description

Address No. 178, Section 2, Nanjing East Road, 7th Floor, Zhongshan District, Taipei, TWN, 104
TST Group Holding Ltd is engaged in manufacturing, and trading of cotton fabric in the textile industry. The company's products are raw materials such as greige and colored fabrics for the midstream and upstream of the textile industry. The company's geographical segment includes Taiwan, China, Korea, Singapore, Hong Kong, Cambodia, Vietnam, Thailand, and others. The company derives a majority of its revenue from Taiwan.
77GF Score

Get the complete analysis for TPE:4439

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

NT$101.50
Price
NT$120.44
GF Value