Sirius XM Holdings (FRA:3HY) Construction In Progress: €598 Mil (As of Mar. 2026)


FRA:3HY Sirius XM Holdings Inc FRA:3HY
71 GF Score
Price €25.90
GF Value €22.38
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Sirius XM Holdings Construction In Progress?

Sirius XM Holdings FRA:3HY +1.57% 71 Construction In Progress is €598 Mil as of Mar. 2026. GuruFocus rates FRA:3HY with a GF Score™ of 71/100 and a GF Value™ of €22.38 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Sirius XM Holdings's quarterly construction in progress declined from Sep. 2025 (€646 Mil) to Dec. 2025 (€483 Mil) but then increased from Dec. 2025 (€483 Mil) to Mar. 2026 (€598 Mil).

Sirius XM Holdings's annual construction in progress increased from Dec. 2023 (€493 Mil) to Dec. 2024 (€944 Mil) but then declined from Dec. 2024 (€944 Mil) to Dec. 2025 (€483 Mil).

Sirius XM Holdings Construction In Progress Historical Data

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The historical data trend for Sirius XM Holdings'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.

Sirius XM Holdings Construction In Progress Chart

Sirius XM Holdings 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 138.06 295.47 493.35 943.54 482.51

Sirius XM Holdings 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 809.38 717.88 645.82 482.51 597.72
FRA:3HY
71GF Score
Sirius XM Holdings Inc FRA:3HY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Sirius XM Holdings 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 €598 Mil mean?
Sirius XM Holdings (FRA:3HY) has a Construction In Progress of €598 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Sirius XM Holdings and its competitors.
Is Sirius XM Holdings' Construction In Progress too high?
Sirius XM Holdings' current Construction In Progress is €598 Mil. Overall, Sirius XM Holdings has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sirius XM Holdings' Construction In Progress compare to MSGS and LLYVA?
Sirius XM Holdings' Construction In Progress of €598 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Construction In Progress depends on the Media - Diversified 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 Sirius XM Holdings and its competitors. Sirius XM Holdings's current Construction In Progress is €598 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirius XM Holdings stock overvalued right now?
Based on GuruFocus' analysis, Sirius XM Holdings (FRA:3HY) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.38, compared to a current price of €25.90 — trading 15.7% above its estimated fair value. The current Construction In Progress is €598 Mil. Sirius XM Holdings' overall GF Score™ is 71/100 with 11 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 Sirius XM Holdings (FRA:3HY), the current Construction In Progress is €598 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 Sirius XM Holdings (FRA:3HY) Overvalued in 2026?

Based on GuruFocus' analysis, Sirius XM Holdings stock appears to be overvalued. The current stock price of €25.90 is trading 15.7% above its estimated GF Value™ of €22.38. GuruFocus considers Sirius XM Holdings to be Modestly Overvalued.

Key valuation signals for FRA:3HY:

  • Construction In Progress: €598 Mil
  • GF Value™: €22.38 vs. price of €25.90 (15.7% above fair value)
  • GF Score™: 71/100 with 11 warning signs

No single metric tells the full story. See the FRA:3HY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sirius XM Holdings Business Description

Other Exchanges SIRI:USASIRI1:Mexico
Address 1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020
Sirius XM operates almost exclusively in the US through its SiriusXM and Pandora audio services. SiriusXM is primarily a satellite radio service that offers nationwide coverage and mostly ad-free listening, with proprietary channels and exclusive content. It makes agreements with automakers to install its radios in vehicles and give trial services to vehicle buyers, which have traditionally fed its subscriber base. The company provides the service via a fleet of geostationary satellites it owns and operates and now offers a streaming SiriusXM option. Pandora, which accounts for a much smaller portion of revenue and profit, offers a subscription and ad-supported streaming music service that competes with industry giants such as Spotify, Apple Music, and YouTube Music.
71GF Score

Get the complete analysis for FRA:3HY

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

€25.90
Price
€22.38
GF Value