Ulker Biskuvinayi AS (IST:ULKER) Construction In Progress: ₺657 Mil (As of Mar. 2026)


IST:ULKER Ulker Biskuvi Sanayi AS IST:ULKER
87 GF Score
Price ₺102.00
GF Value ₺126.05
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Ulker Biskuvinayi AS Construction In Progress?

Ulker Biskuvinayi AS IST:ULKER -0.39% 87 Construction In Progress is ₺657 Mil as of Mar. 2026. GuruFocus rates IST:ULKER with a GF Score™ of 87/100 and a GF Value™ of ₺126.05 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Ulker Biskuvinayi AS's quarterly construction in progress declined from Sep. 2025 (₺770 Mil) to Dec. 2025 (₺591 Mil) but then increased from Dec. 2025 (₺591 Mil) to Mar. 2026 (₺657 Mil).

Ulker Biskuvinayi AS's annual construction in progress increased from Dec. 2023 (₺793 Mil) to Dec. 2024 (₺1,205 Mil) but then declined from Dec. 2024 (₺1,205 Mil) to Dec. 2025 (₺591 Mil).

Ulker Biskuvinayi AS Construction In Progress Historical Data

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The historical data trend for Ulker Biskuvinayi 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.

Ulker Biskuvinayi AS Construction In Progress Chart

Ulker Biskuvinayi 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 179.15 371.56 793.05 1,205.09 591.37

Ulker Biskuvinayi 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 397.03 403.58 770.36 591.37 656.56
IST:ULKER
87GF Score
Ulker Biskuvi Sanayi AS IST:ULKER
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ulker Biskuvinayi 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 ₺657 Mil mean?
Ulker Biskuvinayi AS (IST:ULKER) has a Construction In Progress of ₺657 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Ulker Biskuvinayi AS and its competitors.
Is Ulker Biskuvinayi AS's Construction In Progress too high?
Ulker Biskuvinayi AS's current Construction In Progress is ₺657 Mil. Overall, Ulker Biskuvinayi AS has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulker Biskuvinayi AS's Construction In Progress compare to MDLZ and HSY?
Ulker Biskuvinayi AS's Construction In Progress of ₺657 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Construction In Progress depends on the Consumer Packaged Goods 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 Ulker Biskuvinayi AS and its competitors. Ulker Biskuvinayi AS's current Construction In Progress is ₺657 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulker Biskuvinayi AS stock overvalued right now?
Based on GuruFocus' analysis, Ulker Biskuvinayi AS (IST:ULKER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺126.05, compared to a current price of ₺102.00 — trading 19.1% below its estimated fair value. The current Construction In Progress is ₺657 Mil. Ulker Biskuvinayi AS's overall GF Score™ is 87/100 with 7 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 Ulker Biskuvinayi AS (IST:ULKER), the current Construction In Progress is ₺657 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 Ulker Biskuvinayi AS (IST:ULKER) Overvalued in 2026?

Based on GuruFocus' analysis, Ulker Biskuvinayi AS stock appears to be undervalued. The current stock price of ₺102.00 is trading 19.1% below its estimated GF Value™ of ₺126.05. GuruFocus considers Ulker Biskuvinayi AS to be Modestly Undervalued.

Key valuation signals for IST:ULKER:

  • Construction In Progress: ₺657 Mil
  • GF Value™: ₺126.05 vs. price of ₺102.00 (19.1% below fair value)
  • GF Score™: 87/100 with 7 warning signs

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

Ulker Biskuvinayi AS Business Description

Other Exchanges UELKY:USA
Address Kysykly Mah. Ferah Cad. No:1, Buyuk Camlyca, Uskudar, Istanbul, TUR, 34692
Ulker Biskuvi Sanayi AS is engaged in manufacturing marketing, and sale of biscuits, chocolate-coated biscuits, wafers, cakes, and chocolate. The brands of the company include Ulker, Alpella, Albeni, Dido, Laviva, Cocostar, Godiva, Piko, Buklet, and others. Substantially all of the remaining revenue is from cake sales. The company earns majority of its revenue from domestic market.
87GF Score

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

₺102.00
Price
₺126.05
GF Value