Civeo (CVEO) Construction In Progress: $3.5 Mil (As of Mar. 2026)


CVEO Civeo Corp CVEO
67 GF Score
Price $33.38
GF Value $28.22
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Civeo Construction In Progress?

Civeo CVEO +1.18% 67 Construction In Progress is $3.5 Mil as of Mar. 2026. GuruFocus rates CVEO with a GF Score™ of 67/100 and a GF Value™ of $28.22 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Civeo's quarterly construction in progress declined from Sep. 2025 ($2.5 Mil) to Dec. 2025 ($1.7 Mil) but then increased from Dec. 2025 ($1.7 Mil) to Mar. 2026 ($3.5 Mil).

Civeo's annual construction in progress declined from Dec. 2023 ($12.1 Mil) to Dec. 2024 ($6.8 Mil) and declined from Dec. 2024 ($6.8 Mil) to Dec. 2025 ($1.7 Mil).

Civeo Construction In Progress Historical Data

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The historical data trend for Civeo'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.

Civeo Construction In Progress Chart

Civeo 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 2.06 1.77 12.09 6.84 1.69

Civeo 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 8.41 2.72 2.49 1.69 3.48
CVEO
67GF Score
Civeo Corp CVEO
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Civeo 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 $3.5 Mil mean?
Civeo (CVEO) has a Construction In Progress of $3.5 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Civeo and its competitors.
Is Civeo's Construction In Progress too high?
Civeo's current Construction In Progress is $3.5 Mil. Overall, Civeo has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Civeo's Construction In Progress compare to GHG and PHSE?
Civeo's Construction In Progress of $3.5 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure 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 Civeo and its competitors. Civeo's current Construction In Progress is $3.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Civeo stock overvalued right now?
Based on GuruFocus' analysis, Civeo (CVEO) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.22, compared to a current price of $33.38 — trading 18.3% above its estimated fair value. The current Construction In Progress is $3.5 Mil. Civeo's overall GF Score™ is 67/100 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 Civeo (CVEO), the current Construction In Progress is $3.5 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 Civeo (CVEO) Overvalued in 2026?

Based on GuruFocus' analysis, Civeo stock appears to be overvalued. The current stock price of $33.38 is trading 18.3% above its estimated GF Value™ of $28.22. GuruFocus considers Civeo to be Modestly Overvalued.

Key valuation signals for CVEO:

  • Construction In Progress: $3.5 Mil
  • GF Value™: $28.22 vs. price of $33.38 (18.3% above fair value)
  • GF Score™: 67/100 with 8 warning signs

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

Civeo Business Description

Other Exchanges 44C1:Germany
Address 333 Clay Street, Three Allen Center, Suite 4400, Houston, TX, USA, 77002
Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatments, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, and Australia. It derives maximum revenue from Australia.
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.

$33.38
Price
$28.22
GF Value