RingCentral (FRA:3RCA) Construction In Progress: €355 Mil (As of Jun. 2026)

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FRA:3RCA RingCentral Inc FRA:3RCA
73 GF Score
Price €47.06
GF Value €33.53
Valuation Significantly Overvalued
! 5 Warning Signs
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What is RingCentral Construction In Progress?

RingCentral FRA:3RCA +2.62% 73 Construction In Progress is €355 Mil as of Jun. 2026. GuruFocus rates FRA:3RCA with a GF Score™ of 73/100 and a GF Value™ of €33.53 (Significantly Overvalued). The stock has 5 warning signs investors should review.

RingCentral's quarterly construction in progress increased from Dec. 2025 (€323 Mil) to Mar. 2026 (€341 Mil) and increased from Mar. 2026 (€341 Mil) to Jun. 2026 (€355 Mil).

RingCentral's annual construction in progress increased from Dec. 2023 (€234 Mil) to Dec. 2024 (€301 Mil) and increased from Dec. 2024 (€301 Mil) to Dec. 2025 (€323 Mil).

RingCentral Construction In Progress Historical Data

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The historical data trend for RingCentral'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.

RingCentral Construction In Progress Chart

RingCentral 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 124.28 188.46 234.43 300.77 322.63

RingCentral Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 299.12 308.26 322.63 341.03 354.72
FRA:3RCA
73GF Score
RingCentral Inc FRA:3RCA
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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RingCentral 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 €355 Mil mean?
RingCentral (FRA:3RCA) has a Construction In Progress of €355 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on RingCentral and its competitors.
Is RingCentral's Construction In Progress too high?
RingCentral's current Construction In Progress is €355 Mil. Overall, RingCentral has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RingCentral's Construction In Progress compare to BULL and LIF?
RingCentral's Construction In Progress of €355 Mil can be compared against companies in the Software 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 Software company?
A good Construction In Progress depends on the Software 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 RingCentral and its competitors. RingCentral's current Construction In Progress is €355 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RingCentral stock overvalued right now?
Based on GuruFocus' analysis, RingCentral (FRA:3RCA) is currently considered Significantly Overvalued. The stock's GF Value™ is €33.53, compared to a current price of €47.06 — trading 40.4% above its estimated fair value. The current Construction In Progress is €355 Mil. RingCentral's overall GF Score™ is 73/100 with 5 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 RingCentral (FRA:3RCA), the current Construction In Progress is €355 Mil as of Jun. 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 RingCentral (FRA:3RCA) Overvalued in 2026?

Based on GuruFocus' analysis, RingCentral stock appears to be overvalued. The current stock price of €47.06 is trading 40.4% above its estimated GF Value™ of €33.53. GuruFocus considers RingCentral to be Significantly Overvalued.

Key valuation signals for FRA:3RCA:

  • Construction In Progress: €355 Mil
  • GF Value™: €33.53 vs. price of €47.06 (40.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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

RingCentral Business Description

Other Exchanges RNG:USARNG:Mexico0V50:UK
Address 20 Davis Drive, Belmont, CA, USA, 94002
RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.
73GF Score

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

€47.06
Price
€33.53
GF Value