Equatorial (BSP:EQTL3) Construction In Progress: R$380 Mil (As of Mar. 2026)

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BSP:EQTL3 Equatorial SA BSP:EQTL3
77 GF Score
Price R$40.21
GF Value R$38.71
Valuation Fairly Valued
! 5 Warning Signs
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What is Equatorial Construction In Progress?

Equatorial BSP:EQTL3 -1.71% 77 Construction In Progress is R$380 Mil as of Mar. 2026. GuruFocus rates BSP:EQTL3 with a GF Score™ of 77/100 and a GF Value™ of R$38.71 (Fairly Valued). The stock has 5 warning signs investors should review.

Equatorial's quarterly construction in progress increased from Sep. 2025 (R$114 Mil) to Dec. 2025 (R$351 Mil) and increased from Dec. 2025 (R$351 Mil) to Mar. 2026 (R$380 Mil).

Equatorial's annual construction in progress declined from Dec. 2023 (R$2,614 Mil) to Dec. 2024 (R$386 Mil) and declined from Dec. 2024 (R$386 Mil) to Dec. 2025 (R$351 Mil).

Equatorial Construction In Progress Historical Data

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The historical data trend for Equatorial'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.

Equatorial Construction In Progress Chart

Equatorial 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 0.00 94.87 2,613.97 385.71 350.74

Equatorial 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 382.93 404.71 114.08 350.74 380.47
BSP:EQTL3
77GF Score
Equatorial SA BSP:EQTL3
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Equatorial 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 R$380 Mil mean?
Equatorial (BSP:EQTL3) has a Construction In Progress of R$380 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Equatorial and its competitors.
Is Equatorial's Construction In Progress too high?
Equatorial's current Construction In Progress is R$380 Mil. Overall, Equatorial has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equatorial's Construction In Progress compare to NEE and SO?
Equatorial's Construction In Progress of R$380 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 Equatorial and its competitors. Equatorial's current Construction In Progress is R$380 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equatorial stock overvalued right now?
Based on GuruFocus' analysis, Equatorial (BSP:EQTL3) is currently considered Fairly Valued. The stock's GF Value™ is R$38.71, compared to a current price of R$40.21 — trading 3.9% above its estimated fair value. The current Construction In Progress is R$380 Mil. Equatorial's overall GF Score™ is 77/100 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 Equatorial (BSP:EQTL3), the current Construction In Progress is R$380 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 Equatorial (BSP:EQTL3) Overvalued in 2026?

Based on GuruFocus' analysis, Equatorial stock appears to be overvalued. The current stock price of R$40.21 is trading 3.9% above its estimated GF Value™ of R$38.71. GuruFocus considers Equatorial to be Fairly Valued.

Key valuation signals for BSP:EQTL3:

  • Construction In Progress: R$380 Mil
  • GF Value™: R$38.71 vs. price of R$40.21 (3.9% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the BSP:EQTL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Equatorial Business Description

Other Exchanges EQUEY:USA
Address Alameda A - Quadra SQS, No. 100, Altos do Calhau, Sao Luiz, MA, BRA, 65071680
Equatorial SA holds equity interests in other companies, consortia, and ventures that operate in the electric power sector or related activities and other sectors.
77GF Score

Get the complete analysis for BSP:EQTL3

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

R$40.21
Price
R$38.71
GF Value