Puma SE (MEX:PUM N) Total Operating Expense: MXN73,967 Mil (TTM As of Mar. 2026)


MEX:PUM N Puma SE MEX:PUM N
69 GF Score
Price MXN475.90
GF Value MXN574.12
! 9 Warning Signs
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What is Puma SE Total Operating Expense?

Puma SE MEX:PUM N 69 Total Operating Expense is MXN73,967 Mil as of Mar. 2026. GuruFocus rates MEX:PUM N with a GF Score™ of 69/100 and a GF Value™ of MXN574.12. The stock has 9 warning signs investors should review.

Puma SE's Total Operating Expense for the three months ended in Mar. 2026 was MXN17,453 Mil. Puma SE's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN73,967 Mil.

Puma SE Total Operating Expense Related Terms

Puma SE Total Operating Expense Historical Data

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The historical data trend for Puma SE'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.

Puma SE Total Operating Expense Chart

Puma SE 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 62,598.99 67,372.72 62,290.12 75,325.11 76,682.36

Puma SE 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 19,788.06 19,715.28 18,419.56 18,378.89 17,453.15
MEX:PUM N
69GF Score
Puma SE MEX:PUM N
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Puma SE 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 MXN73,967 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 MXN73,967 Mil mean?
Puma SE (MEX:PUM N) has a Total Operating Expense of MXN73,967 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Puma SE and its competitors.
Is Puma SE's Total Operating Expense too high?
Puma SE's current Total Operating Expense is MXN73,967 Mil. Overall, Puma SE has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Puma SE's Total Operating Expense compare to NKE and DECK?
Puma SE's Total Operating Expense of MXN73,967 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 Total Operating Expense for a Manufacturing - Apparel & Accessories company?
A good Total Operating Expense depends on the Manufacturing - Apparel & Accessories 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 Puma SE and its competitors. Puma SE's current Total Operating Expense is MXN73,967 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puma SE stock overvalued right now?
Puma SE (MEX:PUM N) has a current Total Operating Expense of MXN73,967 Mil. The stock's GF Value™ is MXN574.12, compared to a current price of MXN475.90 — trading 17.1% below its estimated fair value. The current Total Operating Expense is MXN73,967 Mil. Puma SE's overall GF Score™ is 69/100 with 9 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 Puma SE (MEX:PUM N), the current Total Operating Expense is MXN73,967 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 Puma SE (MEX:PUM N) Overvalued in 2026?

Based on GuruFocus' analysis, Puma SE stock appears to be undervalued. The current stock price of MXN475.90 is trading 17.1% below its estimated GF Value™ of MXN574.12.

Key valuation signals for MEX:PUM N:

  • Total Operating Expense: MXN73,967 Mil
  • GF Value™: MXN574.12 vs. price of MXN475.90 (17.1% below fair value)
  • GF Score™: 69/100 with 9 warning signs

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

Puma SE Business Description

Address Puma Way 1, Herzogenaurach, BY, DEU, 91074
Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (56% of 2025 sales) is its largest category, followed by apparel (32%) and accessories (12%). Puma also licenses its name for fragrances, eyewear, and watches. Most of its sales are through wholesale partners (68% of 2025 sales), with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (43% of 2025 sales), the Americas (35%), and Asia-Pacific (22%). China-based competitor Anta is in the process of acquiring 29% of Puma's outstanding shares.
69GF Score

Get the complete analysis for MEX:PUM N

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

MXN475.90
Price
MXN574.12
GF Value