M.C.S. Steel PCL (BKK:MCS) Construction In Progress: ฿0 Mil (As of Mar. 2026)


BKK:MCS M.C.S. Steel PCL BKK:MCS
68 GF Score
Price ฿7.65
GF Value ฿6.51
Valuation Modestly Overvalued
! 5 Warning Signs
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What is M.C.S. Steel PCL Construction In Progress?

M.C.S. Steel PCL BKK:MCS 68 Construction In Progress is ฿0 Mil as of Mar. 2026. GuruFocus rates BKK:MCS with a GF Score™ of 68/100 and a GF Value™ of ฿6.51 (Modestly Overvalued). The stock has 5 warning signs investors should review.

M.C.S. Steel PCL's quarterly construction in progress increased from Sep. 2025 (฿0 Mil) to Dec. 2025 (฿155 Mil) but then declined from Dec. 2025 (฿155 Mil) to Mar. 2026 (฿0 Mil).

M.C.S. Steel PCL's annual construction in progress declined from Dec. 2023 (฿236 Mil) to Dec. 2024 (฿148 Mil) but then increased from Dec. 2024 (฿148 Mil) to Dec. 2025 (฿155 Mil).

M.C.S. Steel PCL Construction In Progress Historical Data

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The historical data trend for M.C.S. Steel 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.

M.C.S. Steel PCL Construction In Progress Chart

M.C.S. Steel 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 56.09 192.41 236.14 148.27 155.33

M.C.S. Steel 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 0.00 0.00 0.00 155.33 0.00
BKK:MCS
68GF Score
M.C.S. Steel PCL BKK:MCS
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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M.C.S. Steel 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 ฿0 Mil mean?
M.C.S. Steel PCL (BKK:MCS) has a Construction In Progress of ฿0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on M.C.S. Steel PCL and its competitors.
Is M.C.S. Steel PCL's Construction In Progress too high?
M.C.S. Steel PCL's current Construction In Progress is ฿0 Mil. Overall, M.C.S. Steel PCL has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M.C.S. Steel PCL's Construction In Progress compare to NUE and STLD?
M.C.S. Steel PCL's Construction In Progress of ฿0 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 M.C.S. Steel PCL and its competitors. M.C.S. Steel PCL's current Construction In Progress is ฿0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.C.S. Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, M.C.S. Steel PCL (BKK:MCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿6.51, compared to a current price of ฿7.65 — trading 17.5% above its estimated fair value. The current Construction In Progress is ฿0 Mil. M.C.S. Steel PCL's 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 M.C.S. Steel PCL (BKK:MCS), the current Construction In Progress is ฿0 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 M.C.S. Steel PCL (BKK:MCS) Overvalued in 2026?

Based on GuruFocus' analysis, M.C.S. Steel PCL stock appears to be overvalued. The current stock price of ฿7.65 is trading 17.5% above its estimated GF Value™ of ฿6.51. GuruFocus considers M.C.S. Steel PCL to be Modestly Overvalued.

Key valuation signals for BKK:MCS:

  • Construction In Progress: ฿0 Mil
  • GF Value™: ฿6.51 vs. price of ฿7.65 (17.5% above fair value)
  • GF Score™: 68/100 with 5 warning signs

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

M.C.S. Steel PCL Business Description

Address 70 Moo 2, Tambol Changyai, Amphoe Bangsai, Ayutthaya, THA, 13290
M.C.S. Steel PCL is engaged in the production and distribution of structural steel products for building construction and residential development projects for sale. It provides and exports steel structure works for various projects. The company's services include engineering design, parts, and quality control. The company's product and services portfolio includes Fabrication and sale of structural steel of which substantial income is earned, Fabrication including installation of structural steel, and Rendering of services. The business operates in three geographical segments: Thailand, Japan, and China. Key revenue is earned from domestic sales.
68GF Score

Get the complete analysis for BKK:MCS

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

฿7.65
Price
฿6.51
GF Value