Benefit Systems (FRA:3ZV) Construction In Progress: €25 Mil (As of Mar. 2026)


FRA:3ZV Benefit Systems SA FRA:3ZV
91 GF Score
Price €1,123.00
GF Value €903.46
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Benefit Systems Construction In Progress?

Benefit Systems FRA:3ZV +1.26% 91 Construction In Progress is €25 Mil as of Mar. 2026. GuruFocus rates FRA:3ZV with a GF Score™ of 91/100 and a GF Value™ of €903.46 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Benefit Systems's quarterly construction in progress declined from Sep. 2025 (€23 Mil) to Dec. 2025 (€20 Mil) but then increased from Dec. 2025 (€20 Mil) to Mar. 2026 (€25 Mil).

Benefit Systems's annual construction in progress increased from Dec. 2023 (€6 Mil) to Dec. 2024 (€14 Mil) and increased from Dec. 2024 (€14 Mil) to Dec. 2025 (€20 Mil).

Benefit Systems Construction In Progress Historical Data

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The historical data trend for Benefit Systems'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.

Benefit Systems Construction In Progress Chart

Benefit Systems 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 8.38 5.31 5.68 14.48 20.33

Benefit Systems 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 20.31 27.77 23.33 20.33 25.17
FRA:3ZV
91GF Score
Benefit Systems SA FRA:3ZV
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Benefit Systems 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 €25 Mil mean?
Benefit Systems (FRA:3ZV) has a Construction In Progress of €25 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Benefit Systems and its competitors.
Is Benefit Systems' Construction In Progress too high?
Benefit Systems' current Construction In Progress is €25 Mil. Overall, Benefit Systems has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Benefit Systems' Construction In Progress compare to AS and HAS?
Benefit Systems' Construction In Progress of €25 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 Benefit Systems and its competitors. Benefit Systems's current Construction In Progress is €25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Benefit Systems stock overvalued right now?
Based on GuruFocus' analysis, Benefit Systems (FRA:3ZV) is currently considered Modestly Overvalued. The stock's GF Value™ is €903.46, compared to a current price of €1,123.00 — trading 24.3% above its estimated fair value. The current Construction In Progress is €25 Mil. Benefit Systems' overall GF Score™ is 91/100 with 4 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 Benefit Systems (FRA:3ZV), the current Construction In Progress is €25 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 Benefit Systems (FRA:3ZV) Overvalued in 2026?

Based on GuruFocus' analysis, Benefit Systems stock appears to be overvalued. The current stock price of €1,123.00 is trading 24.3% above its estimated GF Value™ of €903.46. GuruFocus considers Benefit Systems to be Modestly Overvalued.

Key valuation signals for FRA:3ZV:

  • Construction In Progress: €25 Mil
  • GF Value™: €903.46 vs. price of €1,123.00 (24.3% above fair value)
  • GF Score™: 91/100 with 4 warning signs

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

Benefit Systems Business Description

Other Exchanges BFT:Poland0Q3J:UK
Address European Square 2, Warsaw, POL, 00-844
Benefit Systems SA is Poland based company which is engaged in providing work benefits in the area of sport, recreations, culture and entertainment. Its products portfolio includes MultiSport Plus card, program that allows access to the sport and recreation clubs and multi-purpose facilities as well as Mybenefit, Benefitlunch, Multibilet, Multikafeteria and others.
91GF Score

Get the complete analysis for FRA:3ZV

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

€1,123.00
Price
€903.46
GF Value