Akita Drilling (FRA:774) Construction In Progress: €0.0 Mil (As of Mar. 2026)


FRA:774 Akita Drilling Ltd FRA:774
59 GF Score
Price €2.14
GF Value €1.07
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Akita Drilling Construction In Progress?

Akita Drilling FRA:774 +3.88% 59 Construction In Progress is €0.0 Mil as of Mar. 2026. GuruFocus rates FRA:774 with a GF Score™ of 59/100 and a GF Value™ of €1.07 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Akita Drilling Construction In Progress Historical Data

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The historical data trend for Akita Drilling'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.

Akita Drilling Construction In Progress Chart

Akita Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
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Akita Drilling Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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FRA:774
59GF Score
Akita Drilling Ltd FRA:774
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Akita Drilling 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 €0.0 Mil mean?
Akita Drilling (FRA:774) has a Construction In Progress of €0.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Akita Drilling and its competitors.
Is Akita Drilling's Construction In Progress too high?
Akita Drilling's current Construction In Progress is €0.0 Mil. Overall, Akita Drilling has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akita Drilling's Construction In Progress compare to NE and RIG?
Akita Drilling's Construction In Progress of €0.0 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 Akita Drilling and its competitors. Akita Drilling's current Construction In Progress is €0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akita Drilling stock overvalued right now?
Based on GuruFocus' analysis, Akita Drilling (FRA:774) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.07, compared to a current price of €2.14 — trading 100% above its estimated fair value. The current Construction In Progress is €0.0 Mil. Akita Drilling's overall GF Score™ is 59/100 with 2 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 Akita Drilling (FRA:774), the current Construction In Progress is €0.0 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 Akita Drilling (FRA:774) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of €2.14 is trading 100% above its estimated GF Value™ of €1.07. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for FRA:774:

  • Construction In Progress: €0.0 Mil
  • GF Value™: €1.07 vs. price of €2.14 (100% above fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the FRA:774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Akita Drilling Business Description

Industry EnergyOil & Gas
Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.
59GF Score

Get the complete analysis for FRA:774

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

€2.14
Price
€1.07
GF Value