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Eneva's quarterly construction in progress
declined
from Jun. 2025 (R$11,501 Mil) to Sep. 2025 (R$11,380 Mil) and
declined
from Sep. 2025 (R$11,380 Mil) to Dec. 2025 (R$10,281 Mil).
Eneva's annual construction in progress
increased
from Dec. 2023 (R$7,394 Mil) to Dec. 2024 (R$10,114 Mil) and
increased
from Dec. 2024 (R$10,114 Mil) to Dec. 2025 (R$10,281 Mil).
Eneva Construction In Progress Historical Data
* Premium members only.
The historical data trend for Eneva'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.
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 R$10,281 Mil mean?
Eneva (BSP:ENEV3) has a Construction In Progress of R$10,281 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Eneva and its competitors.
Is Eneva's Construction In Progress too high?
Eneva's current Construction In Progress is R$10,281 Mil. Overall, Eneva has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eneva's Construction In Progress compare to SRE and AES?
Eneva's Construction In Progress of R$10,281 Mil can be compared against companies in the Utilities - Regulated 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 - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 Eneva and its competitors. Eneva's current Construction In Progress is R$10,281 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eneva stock overvalued right now?
Based on GuruFocus' analysis, Eneva (BSP:ENEV3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$17.33, compared to a current price of R$24.90 — trading 43.7% above its estimated fair value. The current Construction In Progress is R$10,281 Mil. Eneva's overall GF Score™ is 65/100 with 9 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 Eneva (BSP:ENEV3), the current Construction In Progress is R$10,281 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 Eneva (BSP:ENEV3) Overvalued in 2026?
Based on GuruFocus' analysis, Eneva stock appears to be overvalued.
The current stock price of R$24.90 is trading 43.7% above its estimated GF Value™ of R$17.33.
GuruFocus considers Eneva to be Significantly Overvalued.
Key valuation signals for BSP:ENEV3:
Construction In Progress: R$10,281 Mil
GF Value™: R$17.33 vs. price of R$24.90 (43.7% above fair value)
No single metric tells the full story. See the BSP:ENEV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eneva SA is a Brazilian energy utilities company involved in the generation and distribution of electricity, with complementary businesses in natural gas exploration and production. The company generates electricity through various resources, including coal, natural gas, thermoelectric plants, and renewable energy sources, such as solar energy. Furthermore, the company mines coal in Columbia, operates thermoelectric plants in Chile and Brazil, and extracts natural gas from Brazil. The firm primarily operates through its Power Generation, Energy Trading, Natural Resources, and Corporate segments.
65GF Score
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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