CBLNF (Mersen) Construction In Progress: $200 Mil (As of Dec. 2025)


CBLNF Mersen SA CBLNF
81 GF Score
Price $42.40
GF Value $36.30
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Mersen Construction In Progress?

Mersen CBLNF 81 Construction In Progress is $200 Mil as of Dec. 2025. GuruFocus rates CBLNF with a GF Score™ of 81/100 and a GF Value™ of $36.30 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Mersen's quarterly construction in progress increased from Dec. 2024 ($239 Mil) to Jun. 2025 ($243 Mil) but then declined from Jun. 2025 ($243 Mil) to Dec. 2025 ($200 Mil).

Mersen's annual construction in progress increased from Dec. 2023 ($163 Mil) to Dec. 2024 ($239 Mil) but then declined from Dec. 2024 ($239 Mil) to Dec. 2025 ($200 Mil).

Mersen Construction In Progress Historical Data

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The historical data trend for Mersen'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.

Mersen Construction In Progress Chart

Mersen 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 89.49 81.89 162.70 239.48 199.88

Mersen Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 162.70 236.92 239.48 242.68 199.88
CBLNF
81GF Score
Mersen SA CBLNF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Mersen 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 $200 Mil mean?
Mersen (CBLNF) has a Construction In Progress of $200 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Mersen and its competitors.
Is Mersen's Construction In Progress too high?
Mersen's current Construction In Progress is $200 Mil. Overall, Mersen has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mersen's Construction In Progress compare to VRT and BE?
Mersen's Construction In Progress of $200 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Mersen and its competitors. Mersen's current Construction In Progress is $200 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mersen stock overvalued right now?
Based on GuruFocus' analysis, Mersen (CBLNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $36.30, compared to a current price of $42.40 — trading 16.8% above its estimated fair value. The current Construction In Progress is $200 Mil. Mersen's overall GF Score™ is 81/100 with 10 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 Mersen (CBLNF), the current Construction In Progress is $200 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 Mersen (CBLNF) Overvalued in 2026?

Based on GuruFocus' analysis, Mersen stock appears to be overvalued. The current stock price of $42.40 is trading 16.8% above its estimated GF Value™ of $36.30. GuruFocus considers Mersen to be Modestly Overvalued.

Key valuation signals for CBLNF:

  • Construction In Progress: $200 Mil
  • GF Value™: $36.30 vs. price of $42.40 (16.8% above fair value)
  • GF Score™: 81/100 with 10 warning signs

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

Mersen Business Description

Address Tour Trinity, 1 bis place de la Defense, Courbevoie, FRA, 92400
Mersen SA produces and sells electrical power products and materials across France, North America, Europe, and the Asia-Pacific, and globally. The group's operations are divided into two segments: Advanced Materials and Electrical Power. The Advanced Materials segment focuses on ormulation and manufacture of materials like graphite, silicon carbide, carbon fiber insulation and carbon-carbon composites to the design of final products in line with customer needs. Meanwhile, the Electrical Power segment offers a range of solutions and products designed to perform the following principal functions across the entire electrical chain.
81GF Score

Get the complete analysis for CBLNF

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

$42.40
Price
$36.30
GF Value