Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Construction In Progress: €499 Mil (As of Mar. 2026)


FRA:MHZ Motor Oil (Hellas) Corinth Refineries SA FRA:MHZ
66 GF Score
Price €38.68
GF Value €23.05
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Motor Oil (Hellas) Corinth Refineries Construction In Progress?

Motor Oil (Hellas) Corinth Refineries FRA:MHZ +1.52% 66 Construction In Progress is €499 Mil as of Mar. 2026. GuruFocus rates FRA:MHZ with a GF Score™ of 66/100 and a GF Value™ of €23.05 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Motor Oil (Hellas) Corinth Refineries's quarterly construction in progress increased from Sep. 2025 (€398 Mil) to Dec. 2025 (€461 Mil) and increased from Dec. 2025 (€461 Mil) to Mar. 2026 (€499 Mil).

Motor Oil (Hellas) Corinth Refineries's annual construction in progress declined from Dec. 2023 (€348 Mil) to Dec. 2024 (€313 Mil) but then increased from Dec. 2024 (€313 Mil) to Dec. 2025 (€461 Mil).


Motor Oil (Hellas) Corinth Refineries Construction In Progress Historical Data

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The historical data trend for Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries Construction In Progress Chart

Motor Oil (Hellas) Corinth Refineries 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 454.84 206.74 347.88 312.63 461.10

Motor Oil (Hellas) Corinth Refineries 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 365.30 450.58 397.80 461.10 499.12
FRA:MHZ
66GF Score
Motor Oil (Hellas) Corinth Refineries SA FRA:MHZ
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Motor Oil (Hellas) Corinth Refineries 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 €499 Mil mean?
Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) has a Construction In Progress of €499 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Motor Oil (Hellas) Corinth Refineries and its competitors.
Is Motor Oil (Hellas) Corinth Refineries' Construction In Progress too high?
Motor Oil (Hellas) Corinth Refineries' current Construction In Progress is €499 Mil. Overall, Motor Oil (Hellas) Corinth Refineries has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Motor Oil (Hellas) Corinth Refineries' Construction In Progress compare to VLO and MPC?
Motor Oil (Hellas) Corinth Refineries' Construction In Progress of €499 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 Motor Oil (Hellas) Corinth Refineries and its competitors. Motor Oil (Hellas) Corinth Refineries's current Construction In Progress is €499 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motor Oil (Hellas) Corinth Refineries stock overvalued right now?
Based on GuruFocus' analysis, Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €23.05, compared to a current price of €38.68 — trading 67.8% above its estimated fair value. The current Construction In Progress is €499 Mil. Motor Oil (Hellas) Corinth Refineries' overall GF Score™ is 66/100 with 5 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 Motor Oil (Hellas) Corinth Refineries (FRA:MHZ), the current Construction In Progress is €499 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 Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Overvalued in 2026?

Based on GuruFocus' analysis, Motor Oil (Hellas) Corinth Refineries stock appears to be overvalued. The current stock price of €38.68 is trading 67.8% above its estimated GF Value™ of €23.05. GuruFocus considers Motor Oil (Hellas) Corinth Refineries to be Significantly Overvalued.

Key valuation signals for FRA:MHZ:

  • Construction In Progress: €499 Mil
  • GF Value™: €23.05 vs. price of €38.68 (67.8% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


Motor Oil (Hellas) Corinth Refineries Business Description

Industry EnergyOil & Gas
Other Exchanges MOHCY:USAMOH:Greece0MQT:UK
Address 12A, Irodou Attikou Street, Maroussi, GRC, 151 24
Motor Oil (Hellas) Corinth Refineries SA plays a role in the sectors of crude oil refining and marketing of petroleum products in Greece as well as the eastern Mediterranean region, supplying its customers with a wide range of quality products. The refinery, with its ancillary plants and fuel distribution facilities, forms the privately owned industrial complex in Greece. It serves petroleum marketing companies in Greece and internationally. The Group is active in four main operating business segments: Refining Activity, Fuels Marketing Activity, Power and Gas, and Other. It derives maximum revenue from Refining Activity. The firm derives the majority of its revenue from Foreign Sales.
66GF Score

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

€38.68
Price
€23.05
GF Value