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 Suparma Tbk's quarterly construction in progress
increased
from Dec. 2025 (Rp39,190 Mil) to Mar. 2026 (Rp75,522 Mil) and
increased
from Mar. 2026 (Rp75,522 Mil) to Jun. 2026 (Rp120,105 Mil).
PT Suparma Tbk's annual construction in progress
declined
from Dec. 2023 (Rp75,166 Mil) to Dec. 2024 (Rp3,988 Mil) but then
increased
from Dec. 2024 (Rp3,988 Mil) to Dec. 2025 (Rp39,190 Mil).
PT Suparma Tbk Construction In Progress Historical Data
* Premium members only.
The historical data trend for PT Suparma Tbk'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.
PT Suparma 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 Rp120,105 Mil mean?
PT Suparma Tbk (ISX:SPMA) has a Construction In Progress of Rp120,105 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on PT Suparma Tbk and its competitors.
Is PT Suparma Tbk's Construction In Progress too high?
PT Suparma Tbk's current Construction In Progress is Rp120,105 Mil. Overall, PT Suparma Tbk has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Suparma Tbk's Construction In Progress compare to SLVM?
PT Suparma Tbk's Construction In Progress of Rp120,105 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Construction In Progress depends on the Forest Products 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 Suparma Tbk and its competitors. PT Suparma Tbk's current Construction In Progress is Rp120,105 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Suparma Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Suparma Tbk (ISX:SPMA) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp186.16, compared to a current price of Rp166.00 — trading 10.8% below its estimated fair value. The current Construction In Progress is Rp120,105 Mil. PT Suparma Tbk's overall GF Score™ is 79/100 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 PT Suparma Tbk (ISX:SPMA), the current Construction In Progress is Rp120,105 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 Suparma Tbk (ISX:SPMA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Suparma Tbk stock appears to be undervalued.
The current stock price of Rp166.00 is trading 10.8% below its estimated GF Value™ of Rp186.16.
GuruFocus considers PT Suparma Tbk to be Modestly Undervalued.
Key valuation signals for ISX:SPMA:
Construction In Progress: Rp120,105 Mil
GF Value™: Rp186.16 vs. price of Rp166.00 (10.8% below fair value)
No single metric tells the full story. See the ISX:SPMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Suparma Tbk is an Indonesia-based company that manufactures paper and paper products. The group manufactured paper and paper wrapping products for the industrial and consumer sectors. The firm offers Laminated Wrapping Kraft, Samson Kraft, MG Paper, Coated Duplex Board, Bathroom Tissue, Carrier Tissue, Industrial Roll Towel, Kitchen Towel, and Other products. Geographically, the firm generates the majority of its revenue from the local market.
79GF Score
Get the complete analysis for ISX:SPMA
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:SPMA has been successfully added to your 
