Global Menkul Degerler AS (IST:GLBMD) Construction In Progress: ₺2 Mil (As of Mar. 2026)


IST:GLBMD Global Menkul Degerler AS IST:GLBMD
63 GF Score
Price ₺13.96
GF Value ₺12.91
Valuation Fairly Valued
! 2 Warning Signs
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What is Global Menkul Degerler AS Construction In Progress?

Global Menkul Degerler AS IST:GLBMD -2.58% 63 Construction In Progress is ₺2 Mil as of Mar. 2026. GuruFocus rates IST:GLBMD with a GF Score™ of 63/100 and a GF Value™ of ₺12.91 (Fairly Valued). The stock has 2 warning signs investors should review.

Global Menkul Degerler AS's quarterly construction in progress declined from Sep. 2025 (₺5 Mil) to Dec. 2025 (₺2 Mil) but then increased from Dec. 2025 (₺2 Mil) to Mar. 2026 (₺2 Mil).

Global Menkul Degerler AS's annual construction in progress increased from Dec. 2023 (₺1 Mil) to Dec. 2024 (₺6 Mil) but then declined from Dec. 2024 (₺6 Mil) to Dec. 2025 (₺2 Mil).

Global Menkul Degerler AS Construction In Progress Historical Data

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The historical data trend for Global Menkul Degerler 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.

Global Menkul Degerler AS Construction In Progress Chart

Global Menkul Degerler 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 0.18 0.98 1.25 5.67 2.05

Global Menkul Degerler 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 4.58 4.97 4.53 2.05 2.26
IST:GLBMD
63GF Score
Global Menkul Degerler AS IST:GLBMD
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Menkul Degerler 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 ₺2 Mil mean?
Global Menkul Degerler AS (IST:GLBMD) has a Construction In Progress of ₺2 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Global Menkul Degerler AS and its competitors.
Is Global Menkul Degerler AS's Construction In Progress too high?
Global Menkul Degerler AS's current Construction In Progress is ₺2 Mil. Overall, Global Menkul Degerler AS has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global Menkul Degerler AS's Construction In Progress compare to MS and GS?
Global Menkul Degerler AS's Construction In Progress of ₺2 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Construction In Progress depends on the Capital Markets 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 Global Menkul Degerler AS and its competitors. Global Menkul Degerler AS's current Construction In Progress is ₺2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Menkul Degerler AS stock overvalued right now?
Based on GuruFocus' analysis, Global Menkul Degerler AS (IST:GLBMD) is currently considered Fairly Valued. The stock's GF Value™ is ₺12.91, compared to a current price of ₺13.96 — trading 8.1% above its estimated fair value. The current Construction In Progress is ₺2 Mil. Global Menkul Degerler AS's overall GF Score™ is 63/100 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 Global Menkul Degerler AS (IST:GLBMD), the current Construction In Progress is ₺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 Global Menkul Degerler AS (IST:GLBMD) Overvalued in 2026?

Based on GuruFocus' analysis, Global Menkul Degerler AS stock appears to be overvalued. The current stock price of ₺13.96 is trading 8.1% above its estimated GF Value™ of ₺12.91. GuruFocus considers Global Menkul Degerler AS to be Fairly Valued.

Key valuation signals for IST:GLBMD:

  • Construction In Progress: ₺2 Mil
  • GF Value™: ₺12.91 vs. price of ₺13.96 (8.1% above fair value)
  • GF Score™: 63/100 with 2 warning signs

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

Global Menkul Degerler AS Business Description

Address Agaoglu My Newwork, Barbaros Mah, No: 51 Karakoy, Ihlamur Bul. No: 3 / 89 K: 9, Atasehir, Istanbul, TUR, 34746
Global Menkul Degerler AS is an independent financial house, provides securities, corporate finance & fund management services. It offers brokerage services, investment, & research services.
63GF Score

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

₺13.96
Price
₺12.91
GF Value