M.K. Real Estate Development PCL (BKK:MK) Construction In Progress: ฿280 Mil (As of Mar. 2026)


BKK:MK M.K. Real Estate Development PCL BKK:MK
5 GF Score
Price ฿0.56
GF Value ฿0.72
Valuation Modestly Undervalued
! 7 Warning Signs
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What is M.K. Real Estate Development PCL Construction In Progress?

M.K. Real Estate Development PCL BKK:MK +1.82% 5 Construction In Progress is ฿280 Mil as of Mar. 2026. GuruFocus rates BKK:MK with a GF Score™ of 5/100 and a GF Value™ of ฿0.72 (Modestly Undervalued). The stock has 7 warning signs investors should review.

M.K. Real Estate Development PCL's quarterly construction in progress increased from Sep. 2025 (฿0 Mil) to Dec. 2025 (฿395 Mil) but then declined from Dec. 2025 (฿395 Mil) to Mar. 2026 (฿280 Mil).

M.K. Real Estate Development PCL's annual construction in progress declined from Dec. 2023 (฿436 Mil) to Dec. 2024 (฿415 Mil) and declined from Dec. 2024 (฿415 Mil) to Dec. 2025 (฿395 Mil).

M.K. Real Estate Development PCL Construction In Progress Historical Data

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The historical data trend for M.K. Real Estate Development 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.K. Real Estate Development PCL Construction In Progress Chart

M.K. Real Estate Development 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 287.38 854.07 436.30 415.20 395.18

M.K. Real Estate Development 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 0.00 395.18 280.00
BKK:MK
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M.K. Real Estate Development PCL BKK:MK
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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M.K. Real Estate Development 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 ฿280 Mil mean?
M.K. Real Estate Development PCL (BKK:MK) has a Construction In Progress of ฿280 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on M.K. Real Estate Development PCL and its competitors.
Is M.K. Real Estate Development PCL's Construction In Progress too high?
M.K. Real Estate Development PCL's current Construction In Progress is ฿280 Mil. Overall, M.K. Real Estate Development PCL has a GF Score™ of 5/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does M.K. Real Estate Development PCL's Construction In Progress compare to competitors?
M.K. Real Estate Development PCL's Construction In Progress of ฿280 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Construction In Progress depends on the Real Estate 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.K. Real Estate Development PCL and its competitors. M.K. Real Estate Development PCL's current Construction In Progress is ฿280 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M.K. Real Estate Development PCL stock overvalued right now?
Based on GuruFocus' analysis, M.K. Real Estate Development PCL (BKK:MK) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.72, compared to a current price of ฿0.56 — trading 22.2% below its estimated fair value. The current Construction In Progress is ฿280 Mil. M.K. Real Estate Development PCL's overall GF Score™ is 5/100 with 7 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.K. Real Estate Development PCL (BKK:MK), the current Construction In Progress is ฿280 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.K. Real Estate Development PCL (BKK:MK) Overvalued in 2026?

Based on GuruFocus' analysis, M.K. Real Estate Development PCL stock appears to be undervalued. The current stock price of ฿0.56 is trading 22.2% below its estimated GF Value™ of ฿0.72. GuruFocus considers M.K. Real Estate Development PCL to be Modestly Undervalued.

Key valuation signals for BKK:MK:

  • Construction In Progress: ฿280 Mil
  • GF Value™: ฿0.72 vs. price of ฿0.56 (22.2% below fair value)
  • GF Score™: 5/100 with 7 warning signs

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

M.K. Real Estate Development PCL Business Description

Address No. 345, Surawong Road, 6th - 8th Floor, 345 Surawong Building, Suriyawong Sub-District, Bangrak District, Bangkok, THA, 10500
M.K. Real Estate Development PCL is a Thailand-based real estate developer. The principal activities of the Group are property development for sale including land, land and house, construction for the Company's own projects, land and building rental, and a health and wellness center. The group has four reportable segments: Real estate; Rental warehouse, factory, and others; Property management; Health and wellness center. The majority of revenue is from rental warehouses, factory, and others. The Group is mainly managed and operates principally in Thailand. There are no revenues derived from foreign countries.
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.56
Price
฿0.72
GF Value