B.Grimm Power PCL (BKK:BGRIM) Construction In Progress: ฿1,545 Mil (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.

BKK:BGRIM B.Grimm Power PCL BKK:BGRIM
83 GF Score
Price ฿19.20
GF Value ฿20.65
Valuation Fairly Valued
! 12 Warning Signs
View Full Analysis

What is B.Grimm Power PCL Construction In Progress?

B.Grimm Power PCL BKK:BGRIM -2.54% 83 Construction In Progress is ฿1,545 Mil as of Mar. 2026. GuruFocus rates BKK:BGRIM with a GF Score™ of 83/100 and a GF Value™ of ฿20.65 (Fairly Valued). The stock has 12 warning signs investors should review.

B.Grimm Power PCL's quarterly construction in progress increased from Sep. 2025 (฿936 Mil) to Dec. 2025 (฿5,487 Mil) but then declined from Dec. 2025 (฿5,487 Mil) to Mar. 2026 (฿1,545 Mil).

B.Grimm Power PCL's annual construction in progress declined from Dec. 2023 (฿4,759 Mil) to Dec. 2024 (฿4,578 Mil) but then increased from Dec. 2024 (฿4,578 Mil) to Dec. 2025 (฿5,487 Mil).

B.Grimm Power PCL Construction In Progress Historical Data

* Premium members only.

The historical data trend for B.Grimm Power PCL'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.

B.Grimm Power PCL Construction In Progress Chart

B.Grimm Power PCL 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 17,085.46 11,051.60 4,758.92 4,578.14 5,486.71

B.Grimm Power PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 928.96 996.55 936.06 5,486.71 1,545.05
BKK:BGRIM
83GF Score
B.Grimm Power PCL BKK:BGRIM
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B.Grimm Power PCL 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 ฿1,545 Mil mean?
B.Grimm Power PCL (BKK:BGRIM) has a Construction In Progress of ฿1,545 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on B.Grimm Power PCL and its competitors.
Is B.Grimm Power PCL's Construction In Progress too high?
B.Grimm Power PCL's current Construction In Progress is ฿1,545 Mil. Overall, B.Grimm Power PCL has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B.Grimm Power PCL's Construction In Progress compare to CEG and VST?
B.Grimm Power PCL's Construction In Progress of ฿1,545 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 B.Grimm Power PCL and its competitors. B.Grimm Power PCL's current Construction In Progress is ฿1,545 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B.Grimm Power PCL stock overvalued right now?
Based on GuruFocus' analysis, B.Grimm Power PCL (BKK:BGRIM) is currently considered Fairly Valued. The stock's GF Value™ is ฿20.65, compared to a current price of ฿19.20 — trading 7% below its estimated fair value. The current Construction In Progress is ฿1,545 Mil. B.Grimm Power PCL's overall GF Score™ is 83/100 with 12 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 B.Grimm Power PCL (BKK:BGRIM), the current Construction In Progress is ฿1,545 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 B.Grimm Power PCL (BKK:BGRIM) Overvalued in 2026?

Based on GuruFocus' analysis, B.Grimm Power PCL stock appears to be undervalued. The current stock price of ฿19.20 is trading 7% below its estimated GF Value™ of ฿20.65. GuruFocus considers B.Grimm Power PCL to be Fairly Valued.

Key valuation signals for BKK:BGRIM:

  • Construction In Progress: ฿1,545 Mil
  • GF Value™: ฿20.65 vs. price of ฿19.20 (7% below fair value)
  • GF Score™: 83/100 with 12 warning signs

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

B.Grimm Power PCL Business Description

Other Exchanges BGRIM-F:Thailand
Address 5, Krungthepkreetha Road, Dr. Gerhard Link Building, Huamark, Bangkapi, Bangkok, THA, 10240
B.Grimm Power PCL, along with its subsidiaries, is engaged in the generation and distribution of electricity for the government sectors and Industrial Users, both in Thailand and overseas. The company operates through two reportable segments: 1) Electricity generating: This segment is the generation and distribution of electricity for the government sectors and industrial users both in Thailand and overseas and procure and wholesale liquefied natural gas to the entities in the Group. 2) Other businesses: This segment is the business of investment holding, maintenance, and operating services forpower plants. The majority of the company's revenue comes from Electricity generating segment. Geographically, it derives the maximum revenue from Thailand.
83GF Score

Get the complete analysis for BKK:BGRIM

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

฿19.20
Price
฿20.65
GF Value