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.
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.
PT Trimegah Bangun Persada Tbk's quarterly construction in progress
increased
from Dec. 2025 (Rp603,259 Mil) to Mar. 2026 (Rp624,945 Mil) and
increased
from Mar. 2026 (Rp624,945 Mil) to Jun. 2026 (Rp697,794 Mil).
PT Trimegah Bangun Persada Tbk's annual construction in progress
increased
from Dec. 2023 (Rp151,832 Mil) to Dec. 2024 (Rp440,439 Mil) and
increased
from Dec. 2024 (Rp440,439 Mil) to Dec. 2025 (Rp603,259 Mil).
* 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.
PT Trimegah Bangun Persada Tbk Construction In Progress Chart
PT Trimegah Bangun Persada Tbk 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 Rp697,794 Mil mean?
PT Trimegah Bangun Persada Tbk (ISX:NCKL) has a Construction In Progress of Rp697,794 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on PT Trimegah Bangun Persada Tbk and its competitors.
Is PT Trimegah Bangun Persada Tbk's Construction In Progress too high?
PT Trimegah Bangun Persada Tbk's current Construction In Progress is Rp697,794 Mil. Overall, PT Trimegah Bangun Persada Tbk has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Trimegah Bangun Persada Tbk's Construction In Progress compare to competitors?
PT Trimegah Bangun Persada Tbk's Construction In Progress of Rp697,794 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 PT Trimegah Bangun Persada Tbk and its competitors. PT Trimegah Bangun Persada Tbk's current Construction In Progress is Rp697,794 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Trimegah Bangun Persada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk (ISX:NCKL) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp1,218.20, compared to a current price of Rp955.00 — trading 21.6% below its estimated fair value. The current Construction In Progress is Rp697,794 Mil. PT Trimegah Bangun Persada Tbk's overall GF Score™ is 96/100 with 4 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 PT Trimegah Bangun Persada Tbk (ISX:NCKL), the current Construction In Progress is Rp697,794 Mil as of Jun. 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 PT Trimegah Bangun Persada Tbk (ISX:NCKL) Overvalued in 2026?
Based on GuruFocus' analysis, PT Trimegah Bangun Persada Tbk stock appears to be undervalued.
The current stock price of Rp955.00 is trading 21.6% below its estimated GF Value™ of Rp1,218.20.
GuruFocus considers PT Trimegah Bangun Persada Tbk to be Modestly Undervalued.
Key valuation signals for ISX:NCKL:
Construction In Progress: Rp697,794 Mil
GF Value™: Rp1,218.20 vs. price of Rp955.00 (21.6% below fair value)
No single metric tells the full story. See the ISX:NCKL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Trimegah Bangun Persada Tbk is an Indonesian nickel producer with upstream and downstream capabilities mainly based on the Obi Islands in North Maluku province. TBP Group is the pure-play nickel producer in Indonesia. Since its establishment, it has gained vital support from controlling owner Harita Jayaraya, part of the Harita Group, a conglomerate with over 100 years of business experience in Indonesia.
96GF Score
Get the complete analysis for ISX:NCKL
Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ISX:NCKL has been successfully added to your 
