Kordsa Teknik Tekstil AS (IST:KORDS) Construction In Progress: ₺1,957 Mil (As of Mar. 2026)


IST:KORDS Kordsa Teknik Tekstil AS IST:KORDS
73 GF Score
Price ₺69.00
GF Value ₺88.35
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Kordsa Teknik Tekstil AS Construction In Progress?

Kordsa Teknik Tekstil AS IST:KORDS -5.48% 73 Construction In Progress is ₺1,957 Mil as of Mar. 2026. GuruFocus rates IST:KORDS with a GF Score™ of 73/100 and a GF Value™ of ₺88.35 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Kordsa Teknik Tekstil AS's quarterly construction in progress declined from Sep. 2025 (₺1,903 Mil) to Dec. 2025 (₺1,816 Mil) but then increased from Dec. 2025 (₺1,816 Mil) to Mar. 2026 (₺1,957 Mil).

Kordsa Teknik Tekstil AS's annual construction in progress declined from Dec. 2023 (₺1,441 Mil) to Dec. 2024 (₺1,124 Mil) but then increased from Dec. 2024 (₺1,124 Mil) to Dec. 2025 (₺1,816 Mil).

Kordsa Teknik Tekstil AS Construction In Progress Historical Data

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The historical data trend for Kordsa Teknik Tekstil 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.

Kordsa Teknik Tekstil AS Construction In Progress Chart

Kordsa Teknik Tekstil 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 175.41 853.05 1,440.74 1,124.32 1,816.06

Kordsa Teknik Tekstil 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 1,233.42 1,663.88 1,902.83 1,816.06 1,956.89
IST:KORDS
73GF Score
Kordsa Teknik Tekstil AS IST:KORDS
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Kordsa Teknik Tekstil 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 ₺1,957 Mil mean?
Kordsa Teknik Tekstil AS (IST:KORDS) has a Construction In Progress of ₺1,957 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Kordsa Teknik Tekstil AS and its competitors.
Is Kordsa Teknik Tekstil AS's Construction In Progress too high?
Kordsa Teknik Tekstil AS's current Construction In Progress is ₺1,957 Mil. Overall, Kordsa Teknik Tekstil AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kordsa Teknik Tekstil AS's Construction In Progress compare to competitors?
Kordsa Teknik Tekstil AS's Construction In Progress of ₺1,957 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Construction In Progress depends on the Manufacturing - Apparel & Accessories 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 Kordsa Teknik Tekstil AS and its competitors. Kordsa Teknik Tekstil AS's current Construction In Progress is ₺1,957 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kordsa Teknik Tekstil AS stock overvalued right now?
Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS (IST:KORDS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺88.35, compared to a current price of ₺69.00 — trading 21.9% below its estimated fair value. The current Construction In Progress is ₺1,957 Mil. Kordsa Teknik Tekstil AS's overall GF Score™ is 73/100 with 6 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 Kordsa Teknik Tekstil AS (IST:KORDS), the current Construction In Progress is ₺1,957 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 Kordsa Teknik Tekstil AS (IST:KORDS) Overvalued in 2026?

Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS stock appears to be undervalued. The current stock price of ₺69.00 is trading 21.9% below its estimated GF Value™ of ₺88.35. GuruFocus considers Kordsa Teknik Tekstil AS to be Modestly Undervalued.

Key valuation signals for IST:KORDS:

  • Construction In Progress: ₺1,957 Mil
  • GF Value™: ₺88.35 vs. price of ₺69.00 (21.9% below fair value)
  • GF Score™: 73/100 with 6 warning signs

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

Kordsa Teknik Tekstil AS Business Description

Address Alikahya Fatih Mahallesi Sanayici Caddesi No. 90, Izmit, Kocaeli, TUR, 41310
Kordsa Teknik Tekstil AS is mainly engaged in the production of carcass and industrial fabrics used in vehicle tires; manufacture of industrial fabrics used in rubber and plastic materials such as transmission belts, V belts and rubber hoses; production of heavy denier fibre and connection fabrics; conversion of yarn into cord fabric, fabric for mechanical rubber goods and other rubber reinforcement materials and the marketing thereof; and production of Nylon 6, Nylon 6.6, PET (Polyethyleneterephthalate) HMLS polyester, and rayon heavy decitex yarn for use in tires and mechanical rubber goods. The Company operates in Europe, the Middle East and Africa, North America, South America and Asia.
73GF Score

Get the complete analysis for IST:KORDS

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

₺69.00
Price
₺88.35
GF Value