Izmir Demir Celiknayi AS (IST:IZMDC) Construction In Progress: ₺1,438 Mil (As of Mar. 2026)


IST:IZMDC Izmir Demir Celik Sanayi AS IST:IZMDC
41 GF Score
Price ₺9.30
GF Value ₺6.81
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Izmir Demir Celiknayi AS Construction In Progress?

Izmir Demir Celiknayi AS IST:IZMDC +2.76% 41 Construction In Progress is ₺1,438 Mil as of Mar. 2026. GuruFocus rates IST:IZMDC with a GF Score™ of 41/100 and a GF Value™ of ₺6.81 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Izmir Demir Celiknayi AS's quarterly construction in progress declined from Sep. 2025 (₺1,535 Mil) to Dec. 2025 (₺1,071 Mil) but then increased from Dec. 2025 (₺1,071 Mil) to Mar. 2026 (₺1,438 Mil).

Izmir Demir Celiknayi AS's annual construction in progress declined from Dec. 2023 (₺10,267 Mil) to Dec. 2024 (₺873 Mil) but then increased from Dec. 2024 (₺873 Mil) to Dec. 2025 (₺1,071 Mil).

Izmir Demir Celiknayi AS Construction In Progress Historical Data

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The historical data trend for Izmir Demir Celiknayi 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.

Izmir Demir Celiknayi AS Construction In Progress Chart

Izmir Demir Celiknayi 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 230.49 2,894.53 10,267.07 872.56 1,070.84

Izmir Demir Celiknayi 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 1,651.91 2,497.44 1,534.51 1,070.84 1,438.34
IST:IZMDC
41GF Score
Izmir Demir Celik Sanayi AS IST:IZMDC
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Izmir Demir Celiknayi 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 ₺1,438 Mil mean?
Izmir Demir Celiknayi AS (IST:IZMDC) has a Construction In Progress of ₺1,438 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Izmir Demir Celiknayi AS and its competitors.
Is Izmir Demir Celiknayi AS's Construction In Progress too high?
Izmir Demir Celiknayi AS's current Construction In Progress is ₺1,438 Mil. Overall, Izmir Demir Celiknayi AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Izmir Demir Celiknayi AS's Construction In Progress compare to NUE and STLD?
Izmir Demir Celiknayi AS's Construction In Progress of ₺1,438 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 Izmir Demir Celiknayi AS and its competitors. Izmir Demir Celiknayi AS's current Construction In Progress is ₺1,438 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Izmir Demir Celiknayi AS stock overvalued right now?
Based on GuruFocus' analysis, Izmir Demir Celiknayi AS (IST:IZMDC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.81, compared to a current price of ₺9.30 — trading 36.6% above its estimated fair value. The current Construction In Progress is ₺1,438 Mil. Izmir Demir Celiknayi AS's overall GF Score™ is 41/100 with 9 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 Izmir Demir Celiknayi AS (IST:IZMDC), the current Construction In Progress is ₺1,438 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 Izmir Demir Celiknayi AS (IST:IZMDC) Overvalued in 2026?

Based on GuruFocus' analysis, Izmir Demir Celiknayi AS stock appears to be overvalued. The current stock price of ₺9.30 is trading 36.6% above its estimated GF Value™ of ₺6.81. GuruFocus considers Izmir Demir Celiknayi AS to be Significantly Overvalued.

Key valuation signals for IST:IZMDC:

  • Construction In Progress: ₺1,438 Mil
  • GF Value™: ₺6.81 vs. price of ₺9.30 (36.6% above fair value)
  • GF Score™: 41/100 with 9 warning signs

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

Izmir Demir Celiknayi AS Business Description

Address Şair Eşref Bulvarı No. 23, Çankaya, Izmir, TUR, 35210
Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.
41GF Score

Get the complete analysis for IST:IZMDC

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

₺9.30
Price
₺6.81
GF Value