Telefonica (XMAD:TEF) Selling, General, & Admin. Expense: €0 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.

XMAD:TEF Telefonica SA XMAD:TEF
62 GF Score
Price €3.60
GF Value €3.75
Valuation Fairly Valued
! 7 Warning Signs
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What is Telefonica Selling, General, & Admin. Expense?

Telefonica XMAD:TEF +0.14% 62 Selling, General, & Admin. Expense is €0 Mil as of Mar. 2026. GuruFocus rates XMAD:TEF with a GF Score™ of 62/100 and a GF Value™ of €3.75 (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. Telefonica's selling, general, & admin. expense for the three months ended in Mar. 2026 was €0 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €0 Mil.


Telefonica  (XMAD:TEF) 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.


Telefonica Selling, General, & Admin. Expense Related Terms


Telefonica Selling, General, & Admin. Expense Historical Data

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The historical data trend for Telefonica'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.

Telefonica Selling, General, & Admin. Expense Chart

Telefonica Annual Data
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Telefonica Quarterly Data
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XMAD:TEF vs VZ, TMUS, T: Selling, General, & Admin. Expense Comparison

For the Telecom Services subindustry, Telefonica'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.


Telefonica Selling, General, & Admin. Expense vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telefonica's Selling, General, & Admin. Expense distribution charts can be found below:

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


XMAD:TEF
62GF Score
Telefonica SA XMAD:TEF
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Telefonica 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 €0 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 €0 Mil mean?
Telefonica (XMAD:TEF) has a Selling, General, & Admin. Expense of €0 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 Telefonica and its competitors.
Is Telefonica's Selling, General, & Admin. Expense too high?
Telefonica's current Selling, General, & Admin. Expense is €0 Mil. Overall, Telefonica has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telefonica's Selling, General, & Admin. Expense compare to VZ and TMUS?
Telefonica's Selling, General, & Admin. Expense of €0 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Selling, General, & Admin. Expense depends on the Telecommunication Services 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 Telefonica and its competitors. Telefonica's current Selling, General, & Admin. Expense is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonica stock overvalued right now?
Based on GuruFocus' analysis, Telefonica (XMAD:TEF) is currently considered Fairly Valued. The stock's GF Value™ is €3.75, compared to a current price of €3.60 — trading 4.1% below its estimated fair value. The current Selling, General, & Admin. Expense is €0 Mil. Telefonica's overall GF Score™ is 62/100 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 Telefonica (XMAD:TEF), the current Selling, General, & Admin. Expense is €0 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 Telefonica (XMAD:TEF) Overvalued in 2026?

Based on GuruFocus' analysis, Telefonica stock appears to be undervalued. The current stock price of €3.60 is trading 4.1% below its estimated GF Value™ of €3.75. GuruFocus considers Telefonica to be Fairly Valued.

Key valuation signals for XMAD:TEF:

  • Selling, General, & Admin. Expense: €0 Mil
  • GF Value™: €3.75 vs. price of €3.60 (4.1% below fair value)
  • GF Score™: 62/100 with 7 warning signs

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


Telefonica Business Description

Address Ronda de la Comunicacion, s/n, Central Building Auditorium, Telefonica District, Madrid, ESP, 28050
Telefonica is a telecommunications operator with presence in Spain (where it is the incumbent operator), the UK, Germany, Brazil, and Latin American countries. The company derives more than 30% of its revenue from Spain, close to 20% from Germany, and 20% from Brazil. Its UK operations are held through a joint venture with Virgin Media. For several years, Telefonica has been simplifying its corporate structure by selling noncore assets.
62GF Score

Get the complete analysis for XMAD:TEF

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

€3.60
Price
€3.75
GF Value