GSD Holding AS (IST:GSDHO) Construction In Progress: ₺2,064 Mil (As of Mar. 2026)


IST:GSDHO GSD Holding AS IST:GSDHO
63 GF Score
Price ₺5.83
GF Value ₺5.14
Valuation Modestly Overvalued
! 5 Warning Signs
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What is GSD Holding AS Construction In Progress?

GSD Holding AS IST:GSDHO -1.19% 63 Construction In Progress is ₺2,064 Mil as of Mar. 2026. GuruFocus rates IST:GSDHO with a GF Score™ of 63/100 and a GF Value™ of ₺5.14 (Modestly Overvalued). The stock has 5 warning signs investors should review.

GSD Holding AS's quarterly construction in progress increased from Sep. 2025 (₺2,244 Mil) to Dec. 2025 (₺2,487 Mil) but then declined from Dec. 2025 (₺2,487 Mil) to Mar. 2026 (₺2,064 Mil).

GSD Holding AS's annual construction in progress increased from Dec. 2023 (₺278 Mil) to Dec. 2024 (₺1,501 Mil) and increased from Dec. 2024 (₺1,501 Mil) to Dec. 2025 (₺2,487 Mil).


GSD Holding AS Construction In Progress Historical Data

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The historical data trend for GSD Holding 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.

GSD Holding AS Construction In Progress Chart

GSD Holding 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 161.28 325.73 278.48 1,501.26 2,486.55

GSD Holding 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 1,123.32 1,184.21 2,244.18 2,486.55 2,064.32
IST:GSDHO
63GF Score
GSD Holding AS IST:GSDHO
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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GSD Holding 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 ₺2,064 Mil mean?
GSD Holding AS (IST:GSDHO) has a Construction In Progress of ₺2,064 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on GSD Holding AS and its competitors.
Is GSD Holding AS's Construction In Progress too high?
GSD Holding AS's current Construction In Progress is ₺2,064 Mil. Overall, GSD Holding AS has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GSD Holding AS's Construction In Progress compare to competitors?
GSD Holding AS's Construction In Progress of ₺2,064 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Construction In Progress depends on the Transportation 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 GSD Holding AS and its competitors. GSD Holding AS's current Construction In Progress is ₺2,064 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSD Holding AS stock overvalued right now?
Based on GuruFocus' analysis, GSD Holding AS (IST:GSDHO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺5.14, compared to a current price of ₺5.83 — trading 13.4% above its estimated fair value. The current Construction In Progress is ₺2,064 Mil. GSD Holding AS's overall GF Score™ is 63/100 with 5 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 GSD Holding AS (IST:GSDHO), the current Construction In Progress is ₺2,064 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 GSD Holding AS (IST:GSDHO) Overvalued in 2026?

Based on GuruFocus' analysis, GSD Holding AS stock appears to be overvalued. The current stock price of ₺5.83 is trading 13.4% above its estimated GF Value™ of ₺5.14. GuruFocus considers GSD Holding AS to be Modestly Overvalued.

Key valuation signals for IST:GSDHO:

  • Construction In Progress: ₺2,064 Mil
  • GF Value™: ₺5.14 vs. price of ₺5.83 (13.4% above fair value)
  • GF Score™: 63/100 with 5 warning signs

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


GSD Holding AS Business Description

Address Aydinevler Mahallesi, Captan Rifat Sokak Number 3, Kucukyali, Maltepe, Istanbul, TUR, 34854
GSD Holding AS operates in finance, marine, and energy sectors through its subsidiaries in Turkey. Its primary functions are to establish, execute, and evaluate the medium-term goals and targets for its subsidiaries and affiliated companies, and to coordinate their activities.
63GF Score

Get the complete analysis for IST:GSDHO

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

₺5.83
Price
₺5.14
GF Value