National for Tourism Hotels (ADX:NCTH) Construction In Progress: د.إ549 Mil (As of Dec. 2025)


ADX:NCTH National Corp for Tourism Hotels ADX:NCTH
68 GF Score
Price د.إ1.50
GF Value د.إ3.57
Valuation Significantly Undervalued
! 5 Warning Signs
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What is National for Tourism Hotels Construction In Progress?

National for Tourism Hotels ADX:NCTH +0.67% 68 Construction In Progress is د.إ549 Mil as of Dec. 2025. GuruFocus rates ADX:NCTH with a GF Score™ of 68/100 and a GF Value™ of د.إ3.57 (Significantly Undervalued). The stock has 5 warning signs investors should review.

National for Tourism Hotels's quarterly construction in progress increased from Dec. 2023 (د.إ1 Mil) to Dec. 2024 (د.إ374 Mil) and increased from Dec. 2024 (د.إ374 Mil) to Dec. 2025 (د.إ549 Mil).

National for Tourism Hotels's annual construction in progress increased from Dec. 2023 (د.إ1 Mil) to Dec. 2024 (د.إ374 Mil) and increased from Dec. 2024 (د.إ374 Mil) to Dec. 2025 (د.إ549 Mil).

National for Tourism Hotels Construction In Progress Historical Data

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The historical data trend for National for Tourism Hotels's Construction In Progress 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.

National for Tourism Hotels Construction In Progress Chart

National for Tourism Hotels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 378.91 472.66 1.01 373.60 548.89

National for Tourism Hotels Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress 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 378.91 472.66 1.01 373.60 548.89
ADX:NCTH
68GF Score
National Corp for Tourism Hotels ADX:NCTH
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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National for Tourism Hotels Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of د.إ549 Mil mean?
National for Tourism Hotels (ADX:NCTH) has a Construction In Progress of د.إ549 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on National for Tourism Hotels and its competitors.
Is National for Tourism Hotels' Construction In Progress too high?
National for Tourism Hotels' current Construction In Progress is د.إ549 Mil. Overall, National for Tourism Hotels has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does National for Tourism Hotels' Construction In Progress compare to MAR and HLT?
National for Tourism Hotels' Construction In Progress of د.إ549 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on National for Tourism Hotels and its competitors. National for Tourism Hotels's current Construction In Progress is د.إ549 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National for Tourism Hotels stock overvalued right now?
Based on GuruFocus' analysis, National for Tourism Hotels (ADX:NCTH) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ3.57, compared to a current price of د.إ1.50 — trading 58% below its estimated fair value. The current Construction In Progress is د.إ549 Mil. National for Tourism Hotels' overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For National for Tourism Hotels (ADX:NCTH), the current Construction In Progress is د.إ549 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 National for Tourism Hotels (ADX:NCTH) Overvalued in 2026?

Based on GuruFocus' analysis, National for Tourism Hotels stock appears to be undervalued. The current stock price of د.إ1.50 is trading 58% below its estimated GF Value™ of د.إ3.57. GuruFocus considers National for Tourism Hotels to be Significantly Undervalued.

Key valuation signals for ADX:NCTH:

  • Construction In Progress: د.إ549 Mil
  • GF Value™: د.إ3.57 vs. price of د.إ1.50 (58% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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

National for Tourism Hotels Business Description

Address Airport Road, P.O. Box 6942, Abu Dhabi, ARE
National Corp for Tourism Hotels owns, manages, and invests in hotels and leisure complexes. The company operates through four main segments: Hotels, which provide room and food and beverage services to customers; Retail services, offering beverage sales to customers; Catering services, which deliver contract-based catering solutions; and Holding, responsible for managing the corporation's investments, overseeing hotel development and management, and coordinating overall corporate activities. It generates maximum revenue from the Catering Services segment. Geographically, it operates only in the United Arab Emirates (UAE).
68GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.50
Price
د.إ3.57
GF Value