Biote (BTMD) Construction In Progress: $2.5 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BTMD Biote Corp BTMD
61 GF Score
Price $1.42
GF Value $3.23
Valuation Possible Value Trap
! 2 Warning Signs
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What is Biote Construction In Progress?

Biote BTMD -7.79% 61 Construction In Progress is $2.5 Mil as of Jun. 2026. GuruFocus rates BTMD with a GF Score™ of 61/100 and a GF Value™ of $3.23 (Possible Value Trap). The stock has 2 warning signs investors should review.

Biote's quarterly construction in progress declined from Dec. 2025 ($2.2 Mil) to Mar. 2026 ($1.9 Mil) but then increased from Mar. 2026 ($1.9 Mil) to Jun. 2026 ($2.5 Mil).

Biote's annual construction in progress increased from Dec. 2023 ($0.0 Mil) to Dec. 2024 ($4.2 Mil) but then declined from Dec. 2024 ($4.2 Mil) to Dec. 2025 ($2.2 Mil).

Biote Construction In Progress Historical Data

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The historical data trend for Biote'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.

Biote Construction In Progress Chart

Biote Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 0.71 0.00 0.00 4.23 2.21

Biote Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.53 2.29 2.21 1.89 2.48
BTMD
61GF Score
Biote Corp BTMD
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Biote 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 $2.5 Mil mean?
Biote (BTMD) has a Construction In Progress of $2.5 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Biote and its competitors.
Is Biote's Construction In Progress too high?
Biote's current Construction In Progress is $2.5 Mil. Overall, Biote has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Biote's Construction In Progress compare to DCGO and PARK?
Biote's Construction In Progress of $2.5 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Construction In Progress depends on the Healthcare Providers & Services 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 Biote and its competitors. Biote's current Construction In Progress is $2.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biote stock overvalued right now?
Based on GuruFocus' analysis, Biote (BTMD) is currently considered Possible Value Trap. The stock's GF Value™ is $3.23, compared to a current price of $1.42 — trading 56% below its estimated fair value. The current Construction In Progress is $2.5 Mil. Biote's overall GF Score™ is 61/100 with 2 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 Biote (BTMD), the current Construction In Progress is $2.5 Mil as of Jun. 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 Biote (BTMD) Overvalued in 2026?

Based on GuruFocus' analysis, Biote stock appears to be undervalued. The current stock price of $1.42 is trading 56% below its estimated GF Value™ of $3.23. GuruFocus considers Biote to be Possible Value Trap.

Key valuation signals for BTMD:

  • Construction In Progress: $2.5 Mil
  • GF Value™: $3.23 vs. price of $1.42 (56% below fair value)
  • GF Score™: 61/100 with 2 warning signs

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

Biote Business Description

Address 1875 W. Walnut Hill Lane, Suite 100, Irving, TX, USA, 75038
Biote Corp operates a growth practice-building business within the hormone optimization space. It provides the necessary components to enable Biote-certified practitioners to establish, build, and successfully implement a program designed to optimize hormone levels using personalized solutions for their patient populations. The company provides support to medical practitioners through training, practice development, and operational services to establish and manage hormone therapy centers. Its activities include educating practitioners on identifying and treating hormone-related conditions. The company generates revenues by charging the Biote-partnered clinics fees associated with the Biote Method and from the sale of Biote-branded dietary supplements.
61GF Score

Get the complete analysis for BTMD

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

$1.42
Price
$3.23
GF Value