AVAX (ATH:AVAX) Total Operating Expense: €37.6 Mil (TTM As of Dec. 2025)


ATH:AVAX AVAX SA ATH:AVAX
64 GF Score
Price €3.44
GF Value €2.93
Valuation Modestly Overvalued
! 6 Warning Signs
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What is AVAX Total Operating Expense?

AVAX ATH:AVAX +1.63% 64 Total Operating Expense is €37.6 Mil as of Dec. 2025. GuruFocus rates ATH:AVAX with a GF Score™ of 64/100 and a GF Value™ of €2.93 (Modestly Overvalued). The stock has 6 warning signs investors should review.

AVAX's Total Operating Expense for the six months ended in Dec. 2025 was €15.8 Mil. AVAX's Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was €37.6 Mil.

AVAX Total Operating Expense Related Terms

AVAX Total Operating Expense Historical Data

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The historical data trend for AVAX's Total Operating 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.

AVAX Total Operating Expense Chart

AVAX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.80 40.96 30.41 31.89 37.60

AVAX Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Operating 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 18.97 17.73 14.16 21.84 15.76
ATH:AVAX
64GF Score
AVAX SA ATH:AVAX
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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AVAX Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €37.6 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 Total Operating Expense of €37.6 Mil mean?
AVAX (ATH:AVAX) has a Total Operating Expense of €37.6 Mil as of Dec. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on AVAX and its competitors.
Is AVAX's Total Operating Expense too high?
AVAX's current Total Operating Expense is €37.6 Mil. Overall, AVAX has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AVAX's Total Operating Expense compare to PWR and FIX?
AVAX's Total Operating Expense of €37.6 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 Total Operating Expense for a Construction company?
A good Total Operating Expense depends on the Construction industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on AVAX and its competitors. AVAX's current Total Operating Expense is €37.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVAX stock overvalued right now?
Based on GuruFocus' analysis, AVAX (ATH:AVAX) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.93, compared to a current price of €3.44 — trading 17.2% above its estimated fair value. The current Total Operating Expense is €37.6 Mil. AVAX's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For AVAX (ATH:AVAX), the current Total Operating Expense is €37.6 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 AVAX (ATH:AVAX) Overvalued in 2026?

Based on GuruFocus' analysis, AVAX stock appears to be overvalued. The current stock price of €3.44 is trading 17.2% above its estimated GF Value™ of €2.93. GuruFocus considers AVAX to be Modestly Overvalued.

Key valuation signals for ATH:AVAX:

  • Total Operating Expense: €37.6 Mil
  • GF Value™: €2.93 vs. price of €3.44 (17.2% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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

AVAX Business Description

Other Exchanges 0DO2:UKIJ6:Germany
Address 16 Amaroussiou, Halandriou Street, Marousi, GRC, 15125
AVAX SA operates as a construction company in Greece. The company operates through the following segments: The Construction segment develops buildings, warehouses, and shopping centers; The Concessions segment constructs highways, bridges, airports, and car parks; The Energy segment comprises of the construction TAP natural gas pipeline in Northern Greece; design and construction of power plants in Iraq; TheReal Estate segment covers estate development and other activities. It derives maximum revenue from the Construction segment.
64GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.44
Price
€2.93
GF Value