TELUS (FRA:BCZ) Construction In Progress: €588 Mil (As of Mar. 2026)


FRA:BCZ TELUS Corp FRA:BCZ
60 GF Score
Price €9.90
GF Value €13.25
Valuation Modestly Undervalued
! 8 Warning Signs
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What is TELUS Construction In Progress?

TELUS FRA:BCZ -1.98% 60 Construction In Progress is €588 Mil as of Mar. 2026. GuruFocus rates FRA:BCZ with a GF Score™ of 60/100 and a GF Value™ of €13.25 (Modestly Undervalued). The stock has 8 warning signs investors should review.

TELUS's quarterly construction in progress declined from Sep. 2025 (€512 Mil) to Dec. 2025 (€446 Mil) but then increased from Dec. 2025 (€446 Mil) to Mar. 2026 (€588 Mil).

TELUS's annual construction in progress declined from Dec. 2023 (€471 Mil) to Dec. 2024 (€339 Mil) but then increased from Dec. 2024 (€339 Mil) to Dec. 2025 (€446 Mil).

TELUS Construction In Progress Historical Data

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The historical data trend for TELUS'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.

TELUS Construction In Progress Chart

TELUS 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 533.07 566.33 470.94 338.51 446.35

TELUS 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 393.69 492.87 512.41 446.35 588.23
FRA:BCZ
60GF Score
TELUS Corp FRA:BCZ
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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TELUS 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 €588 Mil mean?
TELUS (FRA:BCZ) has a Construction In Progress of €588 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on TELUS and its competitors.
Is TELUS's Construction In Progress too high?
TELUS's current Construction In Progress is €588 Mil. Overall, TELUS has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TELUS's Construction In Progress compare to TMUS and VZ?
TELUS's Construction In Progress of €588 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Construction In Progress depends on the Telecommunication Services 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 TELUS and its competitors. TELUS's current Construction In Progress is €588 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TELUS stock overvalued right now?
Based on GuruFocus' analysis, TELUS (FRA:BCZ) is currently considered Modestly Undervalued. The stock's GF Value™ is €13.25, compared to a current price of €9.90 — trading 25.3% below its estimated fair value. The current Construction In Progress is €588 Mil. TELUS's overall GF Score™ is 60/100 with 8 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 TELUS (FRA:BCZ), the current Construction In Progress is €588 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 TELUS (FRA:BCZ) Overvalued in 2026?

Based on GuruFocus' analysis, TELUS stock appears to be undervalued. The current stock price of €9.90 is trading 25.3% below its estimated GF Value™ of €13.25. GuruFocus considers TELUS to be Modestly Undervalued.

Key valuation signals for FRA:BCZ:

  • Construction In Progress: €588 Mil
  • GF Value™: €13.25 vs. price of €9.90 (25.3% below fair value)
  • GF Score™: 60/100 with 8 warning signs

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

TELUS Business Description

Other Exchanges TU:USAT:Canada
Address 510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3
Telus is one of the Big Three wireless service providers in Canada, with over 10 million mobile phone subscribers nationwide constituting almost 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.
60GF Score

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

€9.90
Price
€13.25
GF Value