Aksa Enerji Uretim AS (IST:AKSEN) Construction In Progress: ₺35,423 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:AKSEN Aksa Enerji Uretim AS IST:AKSEN
68 GF Score
Price ₺105.80
GF Value ₺40.03
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Aksa Enerji Uretim AS Construction In Progress?

Aksa Enerji Uretim AS IST:AKSEN +1.34% 68 Construction In Progress is ₺35,423 Mil as of Mar. 2026. GuruFocus rates IST:AKSEN with a GF Score™ of 68/100 and a GF Value™ of ₺40.03 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Aksa Enerji Uretim AS's quarterly construction in progress increased from Sep. 2025 (₺23,270 Mil) to Dec. 2025 (₺34,938 Mil) and increased from Dec. 2025 (₺34,938 Mil) to Mar. 2026 (₺35,423 Mil).

Aksa Enerji Uretim AS's annual construction in progress increased from Dec. 2023 (₺4,030 Mil) to Dec. 2024 (₺19,907 Mil) and increased from Dec. 2024 (₺19,907 Mil) to Dec. 2025 (₺34,938 Mil).

Aksa Enerji Uretim AS Construction In Progress Historical Data

* Premium members only.

The historical data trend for Aksa Enerji Uretim AS'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.

Aksa Enerji Uretim AS Construction In Progress Chart

Aksa Enerji Uretim AS 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 258.84 191.10 4,030.39 19,906.90 34,938.04

Aksa Enerji Uretim AS 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 15,450.88 18,594.42 23,269.58 34,938.04 35,423.24
IST:AKSEN
68GF Score
Aksa Enerji Uretim AS IST:AKSEN
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aksa Enerji Uretim AS 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 ₺35,423 Mil mean?
Aksa Enerji Uretim AS (IST:AKSEN) has a Construction In Progress of ₺35,423 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Aksa Enerji Uretim AS and its competitors.
Is Aksa Enerji Uretim AS's Construction In Progress too high?
Aksa Enerji Uretim AS's current Construction In Progress is ₺35,423 Mil. Overall, Aksa Enerji Uretim AS has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aksa Enerji Uretim AS's Construction In Progress compare to CEG and VST?
Aksa Enerji Uretim AS's Construction In Progress of ₺35,423 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 Aksa Enerji Uretim AS and its competitors. Aksa Enerji Uretim AS's current Construction In Progress is ₺35,423 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aksa Enerji Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, Aksa Enerji Uretim AS (IST:AKSEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺40.03, compared to a current price of ₺105.80 — trading 164.3% above its estimated fair value. The current Construction In Progress is ₺35,423 Mil. Aksa Enerji Uretim AS's overall GF Score™ is 68/100 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 Aksa Enerji Uretim AS (IST:AKSEN), the current Construction In Progress is ₺35,423 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 Aksa Enerji Uretim AS (IST:AKSEN) Overvalued in 2026?

Based on GuruFocus' analysis, Aksa Enerji Uretim AS stock appears to be overvalued. The current stock price of ₺105.80 is trading 164.3% above its estimated GF Value™ of ₺40.03. GuruFocus considers Aksa Enerji Uretim AS to be Significantly Overvalued.

Key valuation signals for IST:AKSEN:

  • Construction In Progress: ₺35,423 Mil
  • GF Value™: ₺40.03 vs. price of ₺105.80 (164.3% above fair value)
  • GF Score™: 68/100 with 10 warning signs

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

Aksa Enerji Uretim AS Business Description

Address Ruzgarlibahce Mahallesi Ozalp Cikmazi No. 10, Kavacik, Beykoz, Istanbul, TUR, 34805
Aksa Enerji Uretim AS is an independent power producer, which engages in the power plant installation process that produces energy from natural gas, lignite, the hydroelectric, wind, and fuel oil. It operates through Turkey, Asia and Africa geographical segment out of which Turkey accounts for a majority of the firm's revenue.
68GF Score

Get the complete analysis for IST:AKSEN

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

₺105.80
Price
₺40.03
GF Value