FRHC (Freedom Holding) Construction In Progress: $126 Mil (As of Mar. 2026)


FRHC Freedom Holding Corp FRHC
81 GF Score
Price $129.50
GF Value $153.27
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Freedom Holding Construction In Progress?

Freedom Holding FRHC -4.41% 81 Construction In Progress is $126 Mil as of Mar. 2026. GuruFocus rates FRHC with a GF Score™ of 81/100 and a GF Value™ of $153.27 (Modestly Undervalued). The stock has 11 warning signs investors should review.

Freedom Holding's quarterly construction in progress stayed the same from Sep. 2025 ($0 Mil) to Dec. 2025 ($0 Mil) but then increased from Dec. 2025 ($0 Mil) to Mar. 2026 ($126 Mil).

Freedom Holding's annual construction in progress increased from Mar. 2024 ($8 Mil) to Mar. 2025 ($40 Mil) and increased from Mar. 2025 ($40 Mil) to Mar. 2026 ($126 Mil).

Freedom Holding Construction In Progress Historical Data

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The historical data trend for Freedom Holding'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.

Freedom Holding Construction In Progress Chart

Freedom Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 8.17 40.00 126.49

Freedom Holding 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 40.00 0.00 0.00 0.00 126.49
FRHC
81GF Score
Freedom Holding Corp FRHC
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Freedom Holding 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 $126 Mil mean?
Freedom Holding (FRHC) has a Construction In Progress of $126 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Freedom Holding and its competitors.
Is Freedom Holding's Construction In Progress too high?
Freedom Holding's current Construction In Progress is $126 Mil. Overall, Freedom Holding has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Freedom Holding's Construction In Progress compare to VOYA and HTH?
Freedom Holding's Construction In Progress of $126 Mil can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Construction In Progress depends on the Diversified Financial 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 Freedom Holding and its competitors. Freedom Holding's current Construction In Progress is $126 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freedom Holding stock overvalued right now?
Based on GuruFocus' analysis, Freedom Holding (FRHC) is currently considered Modestly Undervalued. The stock's GF Value™ is $153.27, compared to a current price of $129.50 — trading 15.5% below its estimated fair value. The current Construction In Progress is $126 Mil. Freedom Holding's overall GF Score™ is 81/100 with 11 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 Freedom Holding (FRHC), the current Construction In Progress is $126 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 Freedom Holding (FRHC) Overvalued in 2026?

Based on GuruFocus' analysis, Freedom Holding stock appears to be undervalued. The current stock price of $129.50 is trading 15.5% below its estimated GF Value™ of $153.27. GuruFocus considers Freedom Holding to be Modestly Undervalued.

Key valuation signals for FRHC:

  • Construction In Progress: $126 Mil
  • GF Value™: $153.27 vs. price of $129.50 (15.5% below fair value)
  • GF Score™: 81/100 with 11 warning signs

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

Freedom Holding Business Description

Address 40 Wall Street, 58th Floor, New York, NY, USA, 10005
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
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.

$129.50
Price
$153.27
GF Value