HSYDF (Harmonic Drive Systems) Construction In Progress: $31.8 Mil (As of Mar. 2026)


HSYDF Harmonic Drive Systems Inc HSYDF
69 GF Score
Price $48.90
GF Value $23.38
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Harmonic Drive Systems Construction In Progress?

Harmonic Drive Systems HSYDF +1.09% 69 Construction In Progress is $31.8 Mil as of Mar. 2026. GuruFocus rates HSYDF with a GF Score™ of 69/100 and a GF Value™ of $23.38 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Harmonic Drive Systems's quarterly construction in progress stayed the same from Sep. 2025 ($0.0 Mil) to Dec. 2025 ($0.0 Mil) but then increased from Dec. 2025 ($0.0 Mil) to Mar. 2026 ($31.8 Mil).

Harmonic Drive Systems's annual construction in progress increased from Mar. 2024 ($17.4 Mil) to Mar. 2025 ($28.1 Mil) and increased from Mar. 2025 ($28.1 Mil) to Mar. 2026 ($31.8 Mil).

Harmonic Drive Systems Construction In Progress Historical Data

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The historical data trend for Harmonic Drive Systems'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.

Harmonic Drive Systems Construction In Progress Chart

Harmonic Drive Systems 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 13.03 20.70 17.43 28.12 31.82

Harmonic Drive Systems 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 28.12 0.00 0.00 0.00 31.82
HSYDF
69GF Score
Harmonic Drive Systems Inc HSYDF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Harmonic Drive Systems 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 $31.8 Mil mean?
Harmonic Drive Systems (HSYDF) has a Construction In Progress of $31.8 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Harmonic Drive Systems and its competitors.
Is Harmonic Drive Systems' Construction In Progress too high?
Harmonic Drive Systems' current Construction In Progress is $31.8 Mil. Overall, Harmonic Drive Systems has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harmonic Drive Systems' Construction In Progress compare to GEV and ETN?
Harmonic Drive Systems' Construction In Progress of $31.8 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Harmonic Drive Systems and its competitors. Harmonic Drive Systems's current Construction In Progress is $31.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmonic Drive Systems stock overvalued right now?
Based on GuruFocus' analysis, Harmonic Drive Systems (HSYDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $23.38, compared to a current price of $48.90 — trading 109.2% above its estimated fair value. The current Construction In Progress is $31.8 Mil. Harmonic Drive Systems' overall GF Score™ is 69/100 with 10 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 Harmonic Drive Systems (HSYDF), the current Construction In Progress is $31.8 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 Harmonic Drive Systems (HSYDF) Overvalued in 2026?

Based on GuruFocus' analysis, Harmonic Drive Systems stock appears to be overvalued. The current stock price of $48.90 is trading 109.2% above its estimated GF Value™ of $23.38. GuruFocus considers Harmonic Drive Systems to be Significantly Overvalued.

Key valuation signals for HSYDF:

  • Construction In Progress: $31.8 Mil
  • GF Value™: $23.38 vs. price of $48.90 (109.2% above fair value)
  • GF Score™: 69/100 with 10 warning signs

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

Harmonic Drive Systems Business Description

Other Exchanges 6324:JapanK3R:Germany
Address 6-25-3 Minami-Oi, Shinagawa-ku, Tokyo, JPN, 140-0013
Harmonic Drive Systems manufactures and sells high-precision reduction gears (harmonic reducers) under the Harmonic Drive brand as well as other mechatronics products, including rotary actuators, linear actuators, and AC servo motors. The company also provides planetary gear speed reducers under the AccuDrive and Harmonic Planetary brands. Its products are used in industrial robots, semiconductor production equipment, and other high-precision equipment. HDS was founded in 1970 and is headquartered in Tokyo, Japan.
69GF Score

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

$48.90
Price
$23.38
GF Value