Bechtle AG (HAM:BC8) Total Operating Expense: €874 Mil (TTM As of Mar. 2026)


HAM:BC8 Bechtle AG HAM:BC8
82 GF Score
Price €31.54
GF Value €40.84
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bechtle AG Total Operating Expense?

Bechtle AG HAM:BC8 -1.07% 82 Total Operating Expense is €874 Mil as of Mar. 2026. GuruFocus rates HAM:BC8 with a GF Score™ of 82/100 and a GF Value™ of €40.84 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Bechtle AG's Total Operating Expense for the three months ended in Mar. 2026 was €229 Mil. Bechtle AG's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €874 Mil.

Bechtle AG Total Operating Expense Related Terms

Bechtle AG Total Operating Expense Historical Data

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The historical data trend for Bechtle AG'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.

Bechtle AG Total Operating Expense Chart

Bechtle AG 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 595.06 698.95 740.48 787.39 856.85

Bechtle AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 211.86 205.44 208.65 230.90 228.62
HAM:BC8
82GF Score
Bechtle AG HAM:BC8
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bechtle AG 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €874 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 €874 Mil mean?
Bechtle AG (HAM:BC8) has a Total Operating Expense of €874 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Bechtle AG and its competitors.
Is Bechtle AG's Total Operating Expense too high?
Bechtle AG's current Total Operating Expense is €874 Mil. Overall, Bechtle AG has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bechtle AG's Total Operating Expense compare to IBM and ACN?
Bechtle AG's Total Operating Expense of €874 Mil can be compared against companies in the Software 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 Software company?
A good Total Operating Expense depends on the Software 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 Bechtle AG and its competitors. Bechtle AG's current Total Operating Expense is €874 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bechtle AG stock overvalued right now?
Based on GuruFocus' analysis, Bechtle AG (HAM:BC8) is currently considered Modestly Undervalued. The stock's GF Value™ is €40.84, compared to a current price of €31.54 — trading 22.8% below its estimated fair value. The current Total Operating Expense is €874 Mil. Bechtle AG's overall GF Score™ is 82/100 with 2 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 Bechtle AG (HAM:BC8), the current Total Operating Expense is €874 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 Bechtle AG (HAM:BC8) Overvalued in 2026?

Based on GuruFocus' analysis, Bechtle AG stock appears to be undervalued. The current stock price of €31.54 is trading 22.8% below its estimated GF Value™ of €40.84. GuruFocus considers Bechtle AG to be Modestly Undervalued.

Key valuation signals for HAM:BC8:

  • Total Operating Expense: €874 Mil
  • GF Value™: €40.84 vs. price of €31.54 (22.8% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the HAM:BC8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bechtle AG Business Description

Address Bechtle Platz 1, Neckarsulm, BW, DEU, 74172
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. The company operates through four reportable segments; Germany, France, Benelux, and Other Europe. It generates maximum of its revenue from the Germany segment. The company offers its customers IT hardware, software, solutions and services in 14 European countries, with Germany being the main market.
82GF Score

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

€31.54
Price
€40.84
GF Value