Globe Union Industrial (TPE:9934) Selling, General, & Admin. Expense: NT$5,505 Mil (TTM As of Dec. 2025)

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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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:9934 Globe Union Industrial Corp TPE:9934
75 GF Score
Price NT$10.60
GF Value NT$11.61
Valuation Fairly Valued
! 5 Warning Signs
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What is Globe Union Industrial Selling, General, & Admin. Expense?

Globe Union Industrial TPE:9934 -0.47% 75 Selling, General, & Admin. Expense is NT$5,505 Mil as of Dec. 2025. GuruFocus rates TPE:9934 with a GF Score™ of 75/100 and a GF Value™ of NT$11.61 (Fairly Valued). 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. Globe Union Industrial's selling, general, & admin. expense for the three months ended in Dec. 2025 was NT$1,348 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was NT$5,505 Mil.


Globe Union Industrial  (TPE:9934) 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.


Globe Union Industrial Selling, General, & Admin. Expense Related Terms


Globe Union Industrial Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Globe Union Industrial'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.

Globe Union Industrial Selling, General, & Admin. Expense Chart

Globe Union Industrial 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 4,381.29 5,426.20 5,099.48 5,420.56 5,505.00

Globe Union Industrial Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,386.35 1,404.15 1,382.58 1,369.84 1,348.43

TPE:9934 vs TT, JCI, CARR: Selling, General, & Admin. Expense Comparison

For the Building Products & Equipment subindustry, Globe Union Industrial'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.


Globe Union Industrial Selling, General, & Admin. Expense vs Construction Industry

For the Construction industry and Industrials sector, Globe Union Industrial's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Globe Union Industrial's Selling, General, & Admin. Expense falls into.


TPE:9934
75GF Score
Globe Union Industrial Corp TPE:9934
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Globe Union Industrial 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 quarterly data reported by the company within the most recent 12 months, which was NT$5,505 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$5,505 Mil mean?
Globe Union Industrial (TPE:9934) has a Selling, General, & Admin. Expense of NT$5,505 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 Globe Union Industrial and its competitors.
Is Globe Union Industrial's Selling, General, & Admin. Expense too high?
Globe Union Industrial's current Selling, General, & Admin. Expense is NT$5,505 Mil. Overall, Globe Union Industrial has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Union Industrial's Selling, General, & Admin. Expense compare to TT and JCI?
Globe Union Industrial's Selling, General, & Admin. Expense of NT$5,505 Mil can be compared against companies in the Construction 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 Construction company?
A good Selling, General, & Admin. Expense depends on the Construction 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 Globe Union Industrial and its competitors. Globe Union Industrial's current Selling, General, & Admin. Expense is NT$5,505 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Union Industrial stock overvalued right now?
Based on GuruFocus' analysis, Globe Union Industrial (TPE:9934) is currently considered Fairly Valued. The stock's GF Value™ is NT$11.61, compared to a current price of NT$10.60 — trading 8.7% below its estimated fair value. The current Selling, General, & Admin. Expense is NT$5,505 Mil. Globe Union Industrial's overall GF Score™ is 75/100 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 Globe Union Industrial (TPE:9934), the current Selling, General, & Admin. Expense is NT$5,505 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 Globe Union Industrial (TPE:9934) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Union Industrial stock appears to be undervalued. The current stock price of NT$10.60 is trading 8.7% below its estimated GF Value™ of NT$11.61. GuruFocus considers Globe Union Industrial to be Fairly Valued.

Key valuation signals for TPE:9934:

  • Selling, General, & Admin. Expense: NT$5,505 Mil
  • GF Value™: NT$11.61 vs. price of NT$10.60 (8.7% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the TPE:9934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Union Industrial Business Description

Address No.22, Chien-Kuo Road, Tanzi District, Taichung, TWN
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. It has two segments: Segment A: In charge of selling faucets and other plumbing products and providing related services. Segment B: In charge of manufacturing faucets and other plumbing products. The company operates through geographic segments which consist of Britain, Mainland China, United States, and Canada, and the majority of revenue comes from the United States segment.
75GF Score

Get the complete analysis for TPE:9934

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

NT$10.60
Price
NT$11.61
GF Value