TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) Construction In Progress: ₺11,832 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:TRENJ TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS IST:TRENJ
71 GF Score
Price ₺91.80
GF Value ₺83.75
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Construction In Progress?

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS IST:TRENJ -2.13% 71 Construction In Progress is ₺11,832 Mil as of Mar. 2026. GuruFocus rates IST:TRENJ with a GF Score™ of 71/100 and a GF Value™ of ₺83.75 (Fairly Valued). The stock has 3 warning signs investors should review.

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's quarterly construction in progress declined from Sep. 2025 (₺8,155 Mil) to Dec. 2025 (₺0 Mil) but then increased from Dec. 2025 (₺0 Mil) to Mar. 2026 (₺11,832 Mil).

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's annual construction in progress declined from Dec. 2023 (₺626 Mil) to Dec. 2024 (₺0 Mil) but then stayed the same from Dec. 2024 (₺0 Mil) to Dec. 2025 (₺0 Mil).


TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Construction In Progress Historical Data

* Premium members only.

The historical data trend for TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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.

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Construction In Progress Chart

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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 45.78 118.52 626.08 0.00 0.00

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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 5,069.73 5,868.11 8,155.49 0.00 11,831.78
IST:TRENJ
71GF Score
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS IST:TRENJ
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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 ₺11,832 Mil mean?
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) has a Construction In Progress of ₺11,832 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS and its competitors.
Is TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Construction In Progress too high?
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's current Construction In Progress is ₺11,832 Mil. Overall, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Construction In Progress compare to NEM and AU?
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Construction In Progress of ₺11,832 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS and its competitors. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's current Construction In Progress is ₺11,832 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) is currently considered Fairly Valued. The stock's GF Value™ is ₺83.75, compared to a current price of ₺91.80 — trading 9.6% above its estimated fair value. The current Construction In Progress is ₺11,832 Mil. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's overall GF Score™ is 71/100 with 3 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ), the current Construction In Progress is ₺11,832 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) Overvalued in 2026?

Based on GuruFocus' analysis, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS stock appears to be overvalued. The current stock price of ₺91.80 is trading 9.6% above its estimated GF Value™ of ₺83.75. GuruFocus considers TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS to be Fairly Valued.

Key valuation signals for IST:TRENJ:

  • Construction In Progress: ₺11,832 Mil
  • GF Value™: ₺83.75 vs. price of ₺91.80 (9.6% above fair value)
  • GF Score™: 71/100 with 3 warning signs

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


TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Business Description

Address Necatibey Cad. No :56/B, Demirtepe, Ankara, TUR
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS, formerly Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS is engaged in the gold mining. It operates seven mines in five regions. The company generates the majority of its revenue from the sale of gold bullion, followed by other revenue and the sale of silver bullion.
71GF Score

Get the complete analysis for IST:TRENJ

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

₺91.80
Price
₺83.75
GF Value