MTR (FRA:MRI) Construction In Progress: €9,169 Mil (As of Dec. 2025)


FRA:MRI MTR Corp Ltd FRA:MRI
81 GF Score
Price €3.42
GF Value €2.89
Valuation Modestly Overvalued
! 4 Warning Signs
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What is MTR Construction In Progress?

MTR FRA:MRI -0.58% 81 Construction In Progress is €9,169 Mil as of Dec. 2025. GuruFocus rates FRA:MRI with a GF Score™ of 81/100 and a GF Value™ of €2.89 (Modestly Overvalued). The stock has 4 warning signs investors should review.

MTR's quarterly construction in progress declined from Dec. 2024 (€8,909 Mil) to Jun. 2025 (€6,398 Mil) but then increased from Jun. 2025 (€6,398 Mil) to Dec. 2025 (€9,169 Mil).

MTR's annual construction in progress increased from Dec. 2023 (€7,149 Mil) to Dec. 2024 (€8,909 Mil) and increased from Dec. 2024 (€8,909 Mil) to Dec. 2025 (€9,169 Mil).

MTR Construction In Progress Historical Data

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The historical data trend for MTR'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.

MTR Construction In Progress Chart

MTR 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 2,411.48 6,466.16 7,148.91 8,909.07 9,169.24

MTR Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 7,148.91 5,840.57 8,909.07 6,397.61 9,169.24
FRA:MRI
81GF Score
MTR Corp Ltd FRA:MRI
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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MTR 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 €9,169 Mil mean?
MTR (FRA:MRI) has a Construction In Progress of €9,169 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on MTR and its competitors.
Is MTR's Construction In Progress too high?
MTR's current Construction In Progress is €9,169 Mil. Overall, MTR has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTR's Construction In Progress compare to UNP and CSX?
MTR's Construction In Progress of €9,169 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Construction In Progress depends on the Transportation 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 MTR and its competitors. MTR's current Construction In Progress is €9,169 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTR stock overvalued right now?
Based on GuruFocus' analysis, MTR (FRA:MRI) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.89, compared to a current price of €3.42 — trading 18.3% above its estimated fair value. The current Construction In Progress is €9,169 Mil. MTR's overall GF Score™ is 81/100 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 MTR (FRA:MRI), the current Construction In Progress is €9,169 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 MTR (FRA:MRI) Overvalued in 2026?

Based on GuruFocus' analysis, MTR stock appears to be overvalued. The current stock price of €3.42 is trading 18.3% above its estimated GF Value™ of €2.89. GuruFocus considers MTR to be Modestly Overvalued.

Key valuation signals for FRA:MRI:

  • Construction In Progress: €9,169 Mil
  • GF Value™: €2.89 vs. price of €3.42 (18.3% above fair value)
  • GF Score™: 81/100 with 4 warning signs

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

MTR Business Description

Address Kowloon Bay, GPO Box 9916, MTR Headquarters Building, Telford Plaza, Kowloon, Hong Kong, HKG
MTR constructs and operates Hong Kong's rail network, giving it a monopoly position. In addition to rail operation, the company makes recurring income from commercial business in the stations. This includes rental of retail kiosks and advertisement in the stations and investment properties in shopping malls above stations. Residential real estate development forms part of MTR's return for the rail operation. In a normalized environment, average operating profit is approximately 20% in rail operation, 60% in station commercial and property leasing business, and 20% in property development. The Hong Kong government owns 75% of MTR.
81GF Score

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

€3.42
Price
€2.89
GF Value