Sao Martinho (BSP:SMTO3) Construction In Progress: R$681 Mil (As of Mar. 2026)


BSP:SMTO3 Sao Martinho SA BSP:SMTO3
78 GF Score
Price R$15.04
GF Value R$25.54
Valuation Possible Value Trap
! 8 Warning Signs
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What is Sao Martinho Construction In Progress?

Sao Martinho BSP:SMTO3 +2.24% 78 Construction In Progress is R$681 Mil as of Mar. 2026. GuruFocus rates BSP:SMTO3 with a GF Score™ of 78/100 and a GF Value™ of R$25.54 (Possible Value Trap). The stock has 8 warning signs investors should review.

Sao Martinho's quarterly construction in progress increased from Sep. 2025 (R$448 Mil) to Dec. 2025 (R$476 Mil) and increased from Dec. 2025 (R$476 Mil) to Mar. 2026 (R$681 Mil).

Sao Martinho's annual construction in progress increased from Mar. 2024 (R$0 Mil) to Mar. 2025 (R$525 Mil) and increased from Mar. 2025 (R$525 Mil) to Mar. 2026 (R$681 Mil).

Sao Martinho Construction In Progress Historical Data

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The historical data trend for Sao Martinho'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.

Sao Martinho Construction In Progress Chart

Sao Martinho Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 752.52 0.00 0.00 525.45 681.04

Sao Martinho 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 525.45 605.83 448.30 475.56 681.04
BSP:SMTO3
78GF Score
Sao Martinho SA BSP:SMTO3
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Sao Martinho 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$681 Mil mean?
Sao Martinho (BSP:SMTO3) has a Construction In Progress of R$681 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Sao Martinho and its competitors.
Is Sao Martinho's Construction In Progress too high?
Sao Martinho's current Construction In Progress is R$681 Mil. Overall, Sao Martinho has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sao Martinho's Construction In Progress compare to LIN and SHW?
Sao Martinho's Construction In Progress of R$681 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Sao Martinho and its competitors. Sao Martinho's current Construction In Progress is R$681 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Possible Value Trap. The stock's GF Value™ is R$25.54, compared to a current price of R$15.04 — trading 41.1% below its estimated fair value. The current Construction In Progress is R$681 Mil. Sao Martinho's overall GF Score™ is 78/100 with 8 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 Sao Martinho (BSP:SMTO3), the current Construction In Progress is R$681 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 Sao Martinho (BSP:SMTO3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued. The current stock price of R$15.04 is trading 41.1% below its estimated GF Value™ of R$25.54. GuruFocus considers Sao Martinho to be Possible Value Trap.

Key valuation signals for BSP:SMTO3:

  • Construction In Progress: R$681 Mil
  • GF Value™: R$25.54 vs. price of R$15.04 (41.1% below fair value)
  • GF Score™: 78/100 with 8 warning signs

No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sao Martinho Business Description

Address Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
78GF Score

Get the complete analysis for BSP:SMTO3

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

R$15.04
Price
R$25.54
GF Value