Veem (ASX:VEE) Construction In Progress: A$0.00 Mil (As of Dec. 2025)


ASX:VEE Veem Ltd ASX:VEE
59 GF Score
Price A$0.49
GF Value A$0.64
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Veem Construction In Progress?

Veem ASX:VEE -8.41% 59 Construction In Progress is A$0.00 Mil as of Dec. 2025. GuruFocus rates ASX:VEE with a GF Score™ of 59/100 and a GF Value™ of A$0.64 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Veem's quarterly construction in progress increased from Dec. 2024 (A$0.00 Mil) to Jun. 2025 (A$0.09 Mil) but then declined from Jun. 2025 (A$0.09 Mil) to Dec. 2025 (A$0.00 Mil).

Veem's annual construction in progress increased from Jun. 2023 (A$0.40 Mil) to Jun. 2024 (A$1.00 Mil) but then declined from Jun. 2024 (A$1.00 Mil) to Jun. 2025 (A$0.09 Mil).

Veem Construction In Progress Historical Data

* Premium members only.

The historical data trend for Veem'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.

Veem Construction In Progress Chart

Veem Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 0.21 1.12 0.40 1.00 0.09

Veem Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 1.00 0.00 0.09 0.00
ASX:VEE
59GF Score
Veem Ltd ASX:VEE
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Veem 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 A$0.00 Mil mean?
Veem (ASX:VEE) has a Construction In Progress of A$0.00 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Veem and its competitors.
Is Veem's Construction In Progress too high?
Veem's current Construction In Progress is A$0.00 Mil. Overall, Veem has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Veem's Construction In Progress compare to GE and RTX?
Veem's Construction In Progress of A$0.00 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense 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 Veem and its competitors. Veem's current Construction In Progress is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veem stock overvalued right now?
Based on GuruFocus' analysis, Veem (ASX:VEE) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.64, compared to a current price of A$0.49 — trading 23.4% below its estimated fair value. The current Construction In Progress is A$0.00 Mil. Veem's overall GF Score™ is 59/100 with 6 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 Veem (ASX:VEE), the current Construction In Progress is A$0.00 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 Veem (ASX:VEE) Overvalued in 2026?

Based on GuruFocus' analysis, Veem stock appears to be undervalued. The current stock price of A$0.49 is trading 23.4% below its estimated GF Value™ of A$0.64. GuruFocus considers Veem to be Modestly Undervalued.

Key valuation signals for ASX:VEE:

  • Construction In Progress: A$0.00 Mil
  • GF Value™: A$0.64 vs. price of A$0.49 (23.4% below fair value)
  • GF Score™: 59/100 with 6 warning signs

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

Veem Business Description

Other Exchanges VEEMF:USA
Address 22 Baile Road, Canning Vale, WA, AUS, 6155
Veem Ltd is a marine technology company engaged in the production of marine propulsion and stabilization systems for the luxury motor yacht, fast ferry, commercial workboat and defence industries of various countries. Additionally, the company also manufactures bespoke engineered products and services for the marine, defence and mining industries. Revenue is generated mainly from the sale of marine propulsion products, stabilization systems, and related engineering services.
59GF Score

Get the complete analysis for ASX:VEE

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

A$0.49
Price
A$0.64
GF Value