BT Group (CHIX:BTL) Construction In Progress: £1,210 Mil (As of Mar. 2026)


CHIX:BTL BT Group PLC CHIX:BTL
67 GF Score
Price £1.93
GF Value £1.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is BT Group Construction In Progress?

BT Group CHIX:BTL -2.18% 67 Construction In Progress is £1,210 Mil as of Mar. 2026. GuruFocus rates CHIX:BTL with a GF Score™ of 67/100 and a GF Value™ of £1.38 (Significantly Overvalued). The stock has 6 warning signs investors should review.

BT Group's quarterly construction in progress declined from Mar. 2025 (£1,010 Mil) to Sep. 2025 (£0 Mil) but then increased from Sep. 2025 (£0 Mil) to Mar. 2026 (£1,210 Mil).

BT Group's annual construction in progress declined from Mar. 2024 (£1,626 Mil) to Mar. 2025 (£1,010 Mil) but then increased from Mar. 2025 (£1,010 Mil) to Mar. 2026 (£1,210 Mil).

BT Group Construction In Progress Historical Data

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The historical data trend for BT Group'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.

BT Group Construction In Progress Chart

BT Group 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 1,446.00 1,502.00 1,626.00 1,010.00 1,210.00

BT Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1,626.00 0.00 1,010.00 0.00 1,210.00
CHIX:BTL
67GF Score
BT Group PLC CHIX:BTL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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BT Group 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 £1,210 Mil mean?
BT Group (CHIX:BTL) has a Construction In Progress of £1,210 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on BT Group and its competitors.
Is BT Group's Construction In Progress too high?
BT Group's current Construction In Progress is £1,210 Mil. Overall, BT Group has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BT Group's Construction In Progress compare to TMUS and VZ?
BT Group's Construction In Progress of £1,210 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Construction In Progress depends on the Telecommunication 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 BT Group and its competitors. BT Group's current Construction In Progress is £1,210 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Group stock overvalued right now?
Based on GuruFocus' analysis, BT Group (CHIX:BTL) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.38, compared to a current price of £1.93 — trading 39.6% above its estimated fair value. The current Construction In Progress is £1,210 Mil. BT Group's overall GF Score™ is 67/100 with 6 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 BT Group (CHIX:BTL), the current Construction In Progress is £1,210 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 BT Group (CHIX:BTL) Overvalued in 2026?

Based on GuruFocus' analysis, BT Group stock appears to be overvalued. The current stock price of £1.93 is trading 39.6% above its estimated GF Value™ of £1.38. GuruFocus considers BT Group to be Significantly Overvalued.

Key valuation signals for CHIX:BTL:

  • Construction In Progress: £1,210 Mil
  • GF Value™: £1.38 vs. price of £1.93 (39.6% above fair value)
  • GF Score™: 67/100 with 6 warning signs

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

BT Group Business Description

Other Exchanges BTGOF:USABT.A:UKBTQ:Germany
Address 1 Braham Street, London, GBR, E1 8EE
BT Group is the incumbent telecommunications operator in the UK. BT is the owner of Openreach, the largest fixed-line network in the country. Openreach operates as a separate entity due to regulatory requirements, but is still 100% owned by BT. Openreach has accelerated its fiber investments and expects to have 90% of the UK covered with FTTH by 2026. In the consumer division, BT has approximately 30% market share in broadband and mobile services. The enterprise segment serves large corporations, while the global services division provides communications consultancy services.
67GF Score

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

£1.93
Price
£1.38
GF Value