IIIN (Insteel Industries) Construction In Progress: $4.2 Mil (As of Mar. 2026)


IIIN Insteel Industries Inc IIIN
68 GF Score
Price $31.00
GF Value $37.81
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Insteel Industries Construction In Progress?

Insteel Industries IIIN +3.40% 68 Construction In Progress is $4.2 Mil as of Mar. 2026. GuruFocus rates IIIN with a GF Score™ of 68/100 and a GF Value™ of $37.81 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Insteel Industries's quarterly construction in progress increased from Sep. 2025 ($2.3 Mil) to Dec. 2025 ($2.5 Mil) and increased from Dec. 2025 ($2.5 Mil) to Mar. 2026 ($4.2 Mil).

Insteel Industries's annual construction in progress declined from Sep. 2023 ($18.0 Mil) to Sep. 2024 ($4.3 Mil) and declined from Sep. 2024 ($4.3 Mil) to Sep. 2025 ($2.3 Mil).

Insteel Industries Construction In Progress Historical Data

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The historical data trend for Insteel Industries'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.

Insteel Industries Construction In Progress Chart

Insteel Industries 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 10.19 11.75 18.02 4.28 2.30

Insteel Industries 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 5.28 2.08 2.30 2.48 4.21
IIIN
68GF Score
Insteel Industries Inc IIIN
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Insteel Industries 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 $4.2 Mil mean?
Insteel Industries (IIIN) has a Construction In Progress of $4.2 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Insteel Industries and its competitors.
Is Insteel Industries' Construction In Progress too high?
Insteel Industries' current Construction In Progress is $4.2 Mil. Overall, Insteel Industries has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Insteel Industries' Construction In Progress compare to MEC and TG?
Insteel Industries' Construction In Progress of $4.2 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 Insteel Industries and its competitors. Insteel Industries's current Construction In Progress is $4.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insteel Industries stock overvalued right now?
Based on GuruFocus' analysis, Insteel Industries (IIIN) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.81, compared to a current price of $31.00 — trading 18% below its estimated fair value. The current Construction In Progress is $4.2 Mil. Insteel Industries' overall GF Score™ is 68/100 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 Insteel Industries (IIIN), the current Construction In Progress is $4.2 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 Insteel Industries (IIIN) Overvalued in 2026?

Based on GuruFocus' analysis, Insteel Industries stock appears to be undervalued. The current stock price of $31.00 is trading 18% below its estimated GF Value™ of $37.81. GuruFocus considers Insteel Industries to be Modestly Undervalued.

Key valuation signals for IIIN:

  • Construction In Progress: $4.2 Mil
  • GF Value™: $37.81 vs. price of $31.00 (18% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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

Insteel Industries Business Description

Address 1373 Boggs Drive, Mount Airy, NC, USA, 27030
Insteel Industries Inc produces and sells prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). PC strand, a high-strength seven-wire cable, is used to strengthen precast concrete in structures like bridges, parking decks, and buildings, enabling longer spans and slimmer designs. WWR includes engineered structural mesh for primary reinforcement, concrete pipe reinforcement for drainage and sewage systems, and standard WWR for crack control in residential and light commercial construction. The company serves markets in the United States and internationally, with the majority of revenue generated in the United States.
68GF Score

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

$31.00
Price
$37.81
GF Value