Manila Electric Co (FRA:A0X) Construction In Progress: €1,927 Mil (As of Mar. 2026)

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FRA:A0X Manila Electric Co FRA:A0X
94 GF Score
Price €14.30
GF Value €13.12
! 6 Warning Signs
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What is Manila Electric Co Construction In Progress?

Manila Electric Co FRA:A0X 94 Construction In Progress is €1,927 Mil as of Mar. 2026. GuruFocus rates FRA:A0X with a GF Score™ of 94/100 and a GF Value™ of €13.12. The stock has 6 warning signs investors should review.

Manila Electric Co's quarterly construction in progress increased from Sep. 2025 (€1,442 Mil) to Dec. 2025 (€1,715 Mil) and increased from Dec. 2025 (€1,715 Mil) to Mar. 2026 (€1,927 Mil).

Manila Electric Co's annual construction in progress increased from Dec. 2023 (€617 Mil) to Dec. 2024 (€704 Mil) and increased from Dec. 2024 (€704 Mil) to Dec. 2025 (€1,715 Mil).

Manila Electric Co Construction In Progress Historical Data

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The historical data trend for Manila Electric Co'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.

Manila Electric Co Construction In Progress Chart

Manila Electric Co 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 354.44 514.88 616.57 704.19 1,715.11

Manila Electric Co 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 943.18 1,111.79 1,441.58 1,715.11 1,927.04
FRA:A0X
94GF Score
Manila Electric Co FRA:A0X
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Manila Electric Co 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 €1,927 Mil mean?
Manila Electric Co (FRA:A0X) has a Construction In Progress of €1,927 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Manila Electric Co and its competitors.
Is Manila Electric Co's Construction In Progress too high?
Manila Electric Co's current Construction In Progress is €1,927 Mil. Overall, Manila Electric Co has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Manila Electric Co's Construction In Progress compare to NEE and SO?
Manila Electric Co's Construction In Progress of €1,927 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 Manila Electric Co and its competitors. Manila Electric Co's current Construction In Progress is €1,927 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Electric Co stock overvalued right now?
Manila Electric Co (FRA:A0X) has a current Construction In Progress of €1,927 Mil. The stock's GF Value™ is €13.12, compared to a current price of €14.30 — trading 9% above its estimated fair value. The current Construction In Progress is €1,927 Mil. Manila Electric Co's overall GF Score™ is 94/100 with 6 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 Manila Electric Co (FRA:A0X), the current Construction In Progress is €1,927 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 Manila Electric Co (FRA:A0X) Overvalued in 2026?

Based on GuruFocus' analysis, Manila Electric Co stock appears to be overvalued. The current stock price of €14.30 is trading 9% above its estimated GF Value™ of €13.12.

Key valuation signals for FRA:A0X:

  • Construction In Progress: €1,927 Mil
  • GF Value™: €13.12 vs. price of €14.30 (9% above fair value)
  • GF Score™: 94/100 with 6 warning signs

No single metric tells the full story. See the FRA:A0X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Manila Electric Co Business Description

Address Ortigas Avenue, Lopez Building, Barangay Ugong, Pasig, PHL, 1605
Manila Electric Co is an electric utility company operating in the Philippines. Along with its subsidiaries, it is mainly engaged in the distribution and sale of electric energy through the distribution network facilities in its franchise area. The company's market is categorized into four classes, namely, residential, commercial, industrial, and streetlights. Additionally, it is involved in certain unregulated activities, which consist of power generation; retail electricity supply (RES); energy infrastructure, payment fulfilment, bills collection, after-the-meter and energy management, telecommunications services, insurance and re-insurance, and other businesses. The group's reportable segments are: Power and Other Services. The majority of its revenue is derived from the Power segment.
94GF Score

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

€14.30
Price
€13.12
GF Value