Formul Plastik Ve Metalnayi AS (IST:FRMPL) Construction In Progress: ₺129 Mil (As of Jun. 2026)

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IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
23 GF Score
Price ₺38.42
! 2 Warning Signs
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What is Formul Plastik Ve Metalnayi AS Construction In Progress?

Formul Plastik Ve Metalnayi AS IST:FRMPL +9.15% 23 Construction In Progress is ₺129 Mil as of Jun. 2026. GuruFocus rates IST:FRMPL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review.

Formul Plastik Ve Metalnayi AS's quarterly construction in progress declined from Sep. 2025 (₺38 Mil) to Mar. 2026 (₺0 Mil) but then increased from Mar. 2026 (₺0 Mil) to Jun. 2026 (₺129 Mil).

Formul Plastik Ve Metalnayi AS's annual construction in progress stayed the same from Dec. 2022 (₺0 Mil) to Dec. 2023 (₺0 Mil) but then increased from Dec. 2023 (₺0 Mil) to Dec. 2024 (₺78 Mil).

Formul Plastik Ve Metalnayi AS Construction In Progress Historical Data

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The historical data trend for Formul Plastik Ve Metalnayi 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.

Formul Plastik Ve Metalnayi AS Construction In Progress Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
Construction In Progress
0.00 0.00 78.11

Formul Plastik Ve Metalnayi AS Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
Construction In Progress Get a 7-Day Free Trial 0.00 0.00 38.24 0.00 129.06
IST:FRMPL
23GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi 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 ₺129 Mil mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Construction In Progress of ₺129 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Formul Plastik Ve Metalnayi AS and its competitors.
Is Formul Plastik Ve Metalnayi AS's Construction In Progress too high?
Formul Plastik Ve Metalnayi AS's current Construction In Progress is ₺129 Mil. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Construction In Progress compare to CRH and VMC?
Formul Plastik Ve Metalnayi AS's Construction In Progress of ₺129 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Construction In Progress depends on the Building Materials 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 Formul Plastik Ve Metalnayi AS and its competitors. Formul Plastik Ve Metalnayi AS's current Construction In Progress is ₺129 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Construction In Progress of ₺129 Mil. The current Construction In Progress is ₺129 Mil. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 23/100 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 Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Construction In Progress is ₺129 Mil as of Jun. 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.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
23GF Score

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

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