Turk Hava Yollari AO (IST:THYAO) Construction In Progress: ₺80,915 Mil (As of Mar. 2026)


IST:THYAO Turk Hava Yollari AO IST:THYAO
81 GF Score
Price ₺328.50
GF Value ₺467.65
Valuation Possible Value Trap
! 8 Warning Signs
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What is Turk Hava Yollari AO Construction In Progress?

Turk Hava Yollari AO IST:THYAO +1.15% 81 Construction In Progress is ₺80,915 Mil as of Mar. 2026. GuruFocus rates IST:THYAO with a GF Score™ of 81/100 and a GF Value™ of ₺467.65 (Possible Value Trap). The stock has 8 warning signs investors should review.

Turk Hava Yollari AO's quarterly construction in progress increased from Sep. 2025 (₺56,680 Mil) to Dec. 2025 (₺67,380 Mil) and increased from Dec. 2025 (₺67,380 Mil) to Mar. 2026 (₺80,915 Mil).

Turk Hava Yollari AO's annual construction in progress increased from Dec. 2023 (₺10,875 Mil) to Dec. 2024 (₺34,932 Mil) and increased from Dec. 2024 (₺34,932 Mil) to Dec. 2025 (₺67,380 Mil).

Turk Hava Yollari AO Construction In Progress Historical Data

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The historical data trend for Turk Hava Yollari AO'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.

Turk Hava Yollari AO Construction In Progress Chart

Turk Hava Yollari AO 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 2,429.07 5,052.93 10,875.22 34,932.20 67,380.41

Turk Hava Yollari AO 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 16,772.75 43,790.71 56,680.11 67,380.41 80,914.54
IST:THYAO
81GF Score
Turk Hava Yollari AO IST:THYAO
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Turk Hava Yollari AO 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 ₺80,915 Mil mean?
Turk Hava Yollari AO (IST:THYAO) has a Construction In Progress of ₺80,915 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Turk Hava Yollari AO and its competitors.
Is Turk Hava Yollari AO's Construction In Progress too high?
Turk Hava Yollari AO's current Construction In Progress is ₺80,915 Mil. Overall, Turk Hava Yollari AO has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Turk Hava Yollari AO's Construction In Progress compare to DAL and UAL?
Turk Hava Yollari AO's Construction In Progress of ₺80,915 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 Turk Hava Yollari AO and its competitors. Turk Hava Yollari AO's current Construction In Progress is ₺80,915 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turk Hava Yollari AO stock overvalued right now?
Based on GuruFocus' analysis, Turk Hava Yollari AO (IST:THYAO) is currently considered Possible Value Trap. The stock's GF Value™ is ₺467.65, compared to a current price of ₺328.50 — trading 29.8% below its estimated fair value. The current Construction In Progress is ₺80,915 Mil. Turk Hava Yollari AO's overall GF Score™ is 81/100 with 8 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 Turk Hava Yollari AO (IST:THYAO), the current Construction In Progress is ₺80,915 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 Turk Hava Yollari AO (IST:THYAO) Overvalued in 2026?

Based on GuruFocus' analysis, Turk Hava Yollari AO stock appears to be undervalued. The current stock price of ₺328.50 is trading 29.8% below its estimated GF Value™ of ₺467.65. GuruFocus considers Turk Hava Yollari AO to be Possible Value Trap.

Key valuation signals for IST:THYAO:

  • Construction In Progress: ₺80,915 Mil
  • GF Value™: ₺467.65 vs. price of ₺328.50 (29.8% below fair value)
  • GF Score™: 81/100 with 8 warning signs

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

Turk Hava Yollari AO Business Description

Other Exchanges TKHVY:USATU5A:Germany
Address Havaalani Cad. No: 3/1, Genel Yonetim Binasi, 9th Floor, Yesilkoy, Bakirkoy, Istanbul, TUR, 34149
Turk Hava Yollari AO is a Turkish airline operator. It has flight networks across the globe, and transports passengers to many different regions. Additionally, it can provide long-haul direct cargo flights and other logistics to serve a diverse range of customers. It has two operating segments: air transportation and aircraft technical maintenance operations. The majority of revenue is generated from transferring passengers and cargo (air transportation segment). The company owns several hangars to perform maintenance on different types of aircraft. Its geographical segments are Asia & Far East, Europe, Americas, Africa, and Middle East.
81GF Score

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

₺328.50
Price
₺467.65
GF Value