CMBT (CMB.Tech NV) Construction In Progress: $760 Mil (As of Mar. 2026)


CMBT CMB.Tech NV CMBT
80 GF Score
Price $15.46
GF Value $18.45
Valuation Modestly Undervalued
! 9 Warning Signs
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What is CMB.Tech NV Construction In Progress?

CMB.Tech NV CMBT -3.13% 80 Construction In Progress is $760 Mil as of Mar. 2026. GuruFocus rates CMBT with a GF Score™ of 80/100 and a GF Value™ of $18.45 (Modestly Undervalued). The stock has 9 warning signs investors should review.

CMB.Tech NV's quarterly construction in progress declined from Sep. 2025 ($742 Mil) to Dec. 2025 ($739 Mil) but then increased from Dec. 2025 ($739 Mil) to Mar. 2026 ($760 Mil).

CMB.Tech NV's annual construction in progress increased from Dec. 2023 ($107 Mil) to Dec. 2024 ($630 Mil) and increased from Dec. 2024 ($630 Mil) to Dec. 2025 ($739 Mil).

CMB.Tech NV Construction In Progress Historical Data

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The historical data trend for CMB.Tech NV'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.

CMB.Tech NV Construction In Progress Chart

CMB.Tech NV 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 181.29 228.43 106.51 630.06 739.37

CMB.Tech NV 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 716.66 746.33 742.46 739.37 759.81
CMBT
80GF Score
CMB.Tech NV CMBT
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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CMB.Tech NV 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 $760 Mil mean?
CMB.Tech NV (CMBT) has a Construction In Progress of $760 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on CMB.Tech NV and its competitors.
Is CMB.Tech NV's Construction In Progress too high?
CMB.Tech NV's current Construction In Progress is $760 Mil. Overall, CMB.Tech NV has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMB.Tech NV's Construction In Progress compare to WMB and EPD?
CMB.Tech NV's Construction In Progress of $760 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 CMB.Tech NV and its competitors. CMB.Tech NV's current Construction In Progress is $760 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMB.Tech NV stock overvalued right now?
Based on GuruFocus' analysis, CMB.Tech NV (CMBT) is currently considered Modestly Undervalued. The stock's GF Value™ is $18.45, compared to a current price of $15.46 — trading 16.2% below its estimated fair value. The current Construction In Progress is $760 Mil. CMB.Tech NV's overall GF Score™ is 80/100 with 9 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 CMB.Tech NV (CMBT), the current Construction In Progress is $760 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 CMB.Tech NV (CMBT) Overvalued in 2026?

Based on GuruFocus' analysis, CMB.Tech NV stock appears to be undervalued. The current stock price of $15.46 is trading 16.2% below its estimated GF Value™ of $18.45. GuruFocus considers CMB.Tech NV to be Modestly Undervalued.

Key valuation signals for CMBT:

  • Construction In Progress: $760 Mil
  • GF Value™: $18.45 vs. price of $15.46 (16.2% below fair value)
  • GF Score™: 80/100 with 9 warning signs

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

CMB.Tech NV Business Description

Industry EnergyOil & Gas
Address De Gerlachekaai 20, Antwerpen, BEL, 2000
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organizes itself into three divisons: the Marine division, the H2 Infra division and the H2 Industry division. The Marine Division derives maximum revenue which builds, owns, operates and designs a wide range of low and zerocarbon ships and features a fleet with vessels such as Crew Transfer Vessels, ferries, Commissioning Service Operations Vessels, and tugboats, alongside ammonia-powered large bulk carriers, container ships, chemical and crude oil tankers.
80GF Score

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

$15.46
Price
$18.45
GF Value