Fazerles AD (XBUL:FZLS) Total Operating Expense: €3.80 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

XBUL:FZLS Fazerles AD XBUL:FZLS
52 GF Score
Price €6.60
GF Value €11.44
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Fazerles AD Total Operating Expense?

Fazerles AD XBUL:FZLS 52 Total Operating Expense is €3.80 Mil as of Mar. 2026. GuruFocus rates XBUL:FZLS with a GF Score™ of 52/100 and a GF Value™ of €11.44 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Fazerles AD's Total Operating Expense for the three months ended in Mar. 2026 was €0.74 Mil. Fazerles AD's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €3.80 Mil.


Fazerles AD Total Operating Expense Related Terms


Fazerles AD Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Fazerles AD'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.

Fazerles AD Total Operating Expense Chart

Fazerles AD 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 3.33 4.63 3.33 3.85 3.91

Fazerles AD 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 0.85 0.80 0.88 1.38 0.74
XBUL:FZLS
52GF Score
Fazerles AD XBUL:FZLS
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fazerles AD 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 €3.80 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 €3.80 Mil mean?
Fazerles AD (XBUL:FZLS) has a Total Operating Expense of €3.80 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Fazerles AD and its competitors.
Is Fazerles AD's Total Operating Expense too high?
Fazerles AD's current Total Operating Expense is €3.80 Mil. Overall, Fazerles AD has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fazerles AD's Total Operating Expense compare to SSD and UFPI?
Fazerles AD's Total Operating Expense of €3.80 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Total Operating Expense depends on the Forest Products 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 Fazerles AD and its competitors. Fazerles AD's current Total Operating Expense is €3.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fazerles AD stock overvalued right now?
Based on GuruFocus' analysis, Fazerles AD (XBUL:FZLS) is currently considered Significantly Undervalued. The stock's GF Value™ is €11.44, compared to a current price of €6.60 — trading 42.3% below its estimated fair value. The current Total Operating Expense is €3.80 Mil. Fazerles AD's overall GF Score™ is 52/100 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 Fazerles AD (XBUL:FZLS), the current Total Operating Expense is €3.80 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 Fazerles AD (XBUL:FZLS) Overvalued in 2026?

Based on GuruFocus' analysis, Fazerles AD stock appears to be undervalued. The current stock price of €6.60 is trading 42.3% below its estimated GF Value™ of €11.44. GuruFocus considers Fazerles AD to be Significantly Undervalued.

Key valuation signals for XBUL:FZLS:

  • Total Operating Expense: €3.80 Mil
  • GF Value™: €11.44 vs. price of €6.60 (42.3% below fair value)
  • GF Score™: 52/100 with 2 warning signs

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


Fazerles AD Business Description

Address Western Industrial Zone, Silistra, BGR, 7500
Fazerles AD manufactures hardboard panels in Bulgaria. The products of the company are used for the furniture industry, metal industry, packaging industry, glass and food industry, automotive industry, and construction industry. The products of the company are sold in Europe, Asia, Africa, and America.
52GF Score

Get the complete analysis for XBUL:FZLS

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

€6.60
Price
€11.44
GF Value