Shopify (HAM:307) Construction In Progress: €0 Mil (As of Mar. 2026)


HAM:307 Shopify Inc HAM:307
83 GF Score
Price €102.00
GF Value €124.36
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Shopify Construction In Progress?

Shopify HAM:307 +1.74% 83 Construction In Progress is €0 Mil as of Mar. 2026. GuruFocus rates HAM:307 with a GF Score™ of 83/100 and a GF Value™ of €124.36 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Shopify Construction In Progress Historical Data

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The historical data trend for Shopify'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.

Shopify Construction In Progress Chart

Shopify 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 0.00 0.00 0.00 0.00 0.00

Shopify 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 0.00 0.00 0.00 0.00 0.00
HAM:307
83GF Score
Shopify Inc HAM:307
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Shopify 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?
Shopify (HAM:307) has a Construction In Progress of €0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Shopify and its competitors.
Is Shopify's Construction In Progress too high?
Shopify's current Construction In Progress is €0 Mil. Overall, Shopify has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shopify's Construction In Progress compare to CRM and UBER?
Shopify's Construction In Progress of €0 Mil can be compared against companies in the Software 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 Software company?
A good Construction In Progress depends on the Software 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 Shopify and its competitors. Shopify'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 Shopify stock overvalued right now?
Based on GuruFocus' analysis, Shopify (HAM:307) is currently considered Modestly Undervalued. The stock's GF Value™ is €124.36, compared to a current price of €102.00 — trading 18% below its estimated fair value. The current Construction In Progress is €0 Mil. Shopify's overall GF Score™ is 83/100 with 2 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 Shopify (HAM:307), the current Construction In Progress is €0 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 Shopify (HAM:307) Overvalued in 2026?

Based on GuruFocus' analysis, Shopify stock appears to be undervalued. The current stock price of €102.00 is trading 18% below its estimated GF Value™ of €124.36. GuruFocus considers Shopify to be Modestly Undervalued.

Key valuation signals for HAM:307:

  • Construction In Progress: €0 Mil
  • GF Value™: €124.36 vs. price of €102.00 (18% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the HAM:307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shopify Business Description

Address 151 O\'Connor Street, Ground Floor, Ottawa, ON, CAN, K2P 2L8
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
83GF Score

Get the complete analysis for HAM:307

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

€102.00
Price
€124.36
GF Value