Carl Zeiss Meditec AG (FRA:AFX) Construction In Progress: €0 Mil (As of Dec. 2025)


FRA:AFX Carl Zeiss Meditec AG FRA:AFX
68 GF Score
Price €27.08
GF Value €73.08
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Carl Zeiss Meditec AG Construction In Progress?

Carl Zeiss Meditec AG FRA:AFX -2.59% 68 Construction In Progress is €0 Mil as of Dec. 2025. GuruFocus rates FRA:AFX with a GF Score™ of 68/100 and a GF Value™ of €73.08 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Carl Zeiss Meditec AG's quarterly construction in progress increased from Jun. 2025 (€0 Mil) to Sep. 2025 (€57 Mil) but then declined from Sep. 2025 (€57 Mil) to Dec. 2025 (€0 Mil).

Carl Zeiss Meditec AG's annual construction in progress increased from Sep. 2023 (€65 Mil) to Sep. 2024 (€90 Mil) but then declined from Sep. 2024 (€90 Mil) to Sep. 2025 (€57 Mil).

Carl Zeiss Meditec AG Construction In Progress Historical Data

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The historical data trend for Carl Zeiss Meditec AG'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.

Carl Zeiss Meditec AG Construction In Progress Chart

Carl Zeiss Meditec AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.17 34.85 65.11 89.87 57.12

Carl Zeiss Meditec AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 57.12 0.00
FRA:AFX
68GF Score
Carl Zeiss Meditec AG FRA:AFX
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Carl Zeiss Meditec AG 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 Mil mean?
Carl Zeiss Meditec AG (FRA:AFX) has a Construction In Progress of €0 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Carl Zeiss Meditec AG and its competitors.
Is Carl Zeiss Meditec AG's Construction In Progress too high?
Carl Zeiss Meditec AG's current Construction In Progress is €0 Mil. Overall, Carl Zeiss Meditec AG has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carl Zeiss Meditec AG's Construction In Progress compare to ISRG and BDX?
Carl Zeiss Meditec AG's Construction In Progress of €0 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Construction In Progress depends on the Medical Devices & Instruments 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 Carl Zeiss Meditec AG and its competitors. Carl Zeiss Meditec AG's current Construction In Progress is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carl Zeiss Meditec AG stock overvalued right now?
Based on GuruFocus' analysis, Carl Zeiss Meditec AG (FRA:AFX) is currently considered Significantly Undervalued. The stock's GF Value™ is €73.08, compared to a current price of €27.08 — trading 62.9% below its estimated fair value. The current Construction In Progress is €0 Mil. Carl Zeiss Meditec AG's overall GF Score™ is 68/100 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 Carl Zeiss Meditec AG (FRA:AFX), the current Construction In Progress is €0 Mil as of Dec. 2025. 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 Carl Zeiss Meditec AG (FRA:AFX) Overvalued in 2026?

Based on GuruFocus' analysis, Carl Zeiss Meditec AG stock appears to be undervalued. The current stock price of €27.08 is trading 62.9% below its estimated GF Value™ of €73.08. GuruFocus considers Carl Zeiss Meditec AG to be Significantly Undervalued.

Key valuation signals for FRA:AFX:

  • Construction In Progress: €0 Mil
  • GF Value™: €73.08 vs. price of €27.08 (62.9% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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

Carl Zeiss Meditec AG Business Description

Address Goschwitzer Strasse 51-52, Jena, TH, DEU, 07745
Carl Zeiss Meditec is one of the largest visioncare technology companies in the world, and it operates in two segments: ophthalmic devices and microsurgery. OPT, which made up about 75% of sales in 2025, includes refractive lasers, surgical ophthalmic devices, equipment for ophthalmic diagnostics, as well as a portfolio of intraocular lenses and disposable medical instruments. With a low-teens share of the market, Zeiss is the second-largest player in the space. MCS is composed of implants, surgical instruments, and visualization devices used during neurosurgery, spine surgery, and otolaryngology surgery. With over 60% market share, Zeiss is the clear leader in the microsurgery space.
68GF Score

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

€27.08
Price
€73.08
GF Value