Warner Music Group (HAM:WA4) Construction In Progress: €0 Mil (As of Mar. 2026)


HAM:WA4 Warner Music Group Corp HAM:WA4
79 GF Score
Price €23.50
GF Value €30.61
! 2 Warning Signs
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What is Warner Music Group Construction In Progress?

Warner Music Group HAM:WA4 +1.21% 79 Construction In Progress is €0 Mil as of Mar. 2026. GuruFocus rates HAM:WA4 with a GF Score™ of 79/100 and a GF Value™ of €30.61. The stock has 2 warning signs investors should review.

Warner Music Group's quarterly construction in progress declined from Sep. 2025 (€76 Mil) to Dec. 2025 (€0 Mil) but then stayed the same from Dec. 2025 (€0 Mil) to Mar. 2026 (€0 Mil).

Warner Music Group's annual construction in progress increased from Sep. 2023 (€100 Mil) to Sep. 2024 (€119 Mil) but then declined from Sep. 2024 (€119 Mil) to Sep. 2025 (€76 Mil).

Warner Music Group Construction In Progress Historical Data

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The historical data trend for Warner Music Group'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.

Warner Music Group Construction In Progress Chart

Warner Music Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.05 160.59 100.26 118.93 75.83

Warner Music Group 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 75.83 0.00 0.00
HAM:WA4
79GF Score
Warner Music Group Corp HAM:WA4
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Warner Music Group 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?
Warner Music Group (HAM:WA4) 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 Warner Music Group and its competitors.
Is Warner Music Group's Construction In Progress too high?
Warner Music Group's current Construction In Progress is €0 Mil. Overall, Warner Music Group has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Warner Music Group's Construction In Progress compare to TKO and NWSA?
Warner Music Group's Construction In Progress of €0 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Construction In Progress depends on the Media - Diversified 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 Warner Music Group and its competitors. Warner Music Group'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 Warner Music Group stock overvalued right now?
Warner Music Group (HAM:WA4) has a current Construction In Progress of €0 Mil. The stock's GF Value™ is €30.61, compared to a current price of €23.50 — trading 23.2% below its estimated fair value. The current Construction In Progress is €0 Mil. Warner Music Group's overall GF Score™ is 79/100 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 Warner Music Group (HAM:WA4), 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 Warner Music Group (HAM:WA4) Overvalued in 2026?

Based on GuruFocus' analysis, Warner Music Group stock appears to be undervalued. The current stock price of €23.50 is trading 23.2% below its estimated GF Value™ of €30.61.

Key valuation signals for HAM:WA4:

  • Construction In Progress: €0 Mil
  • GF Value™: €30.61 vs. price of €23.50 (23.2% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the HAM:WA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Warner Music Group Business Description

Address 1633 Broadway, New York, NY, USA, 10019
Warner Music is the third-largest of the three major record companies. Recorded music accounts for most of the firm's revenue, with the segment housing notable record labels including Atlantic Records, Warner Records, Elektra Records. Some of the most successful current artists signed to record deals with Warner include Ed Sheeran, Bruno Mars, Cardi B, and Dua Lipa. Warner's remaining revenue comes from its publishing business, where Warner Chappell represents more than 180,000 songwriters and composers, some of whom are also Warner recording artists but many of whom are not recording artists or are attached to other labels. Warner Chappell controls more than 1 million musical compositions. Access Industries controls 98% of Warner's voting rights, while holding a 72% economic interest.
79GF Score

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

€23.50
Price
€30.61
GF Value