KELRF (Keisei Electric Railway Co) Construction In Progress: $609 Mil (As of Mar. 2026)


KELRF Keisei Electric Railway Co Ltd KELRF
79 GF Score
Price $6.27
GF Value $9.68
Valuation Possible Value Trap
! 3 Warning Signs
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What is Keisei Electric Railway Co Construction In Progress?

Keisei Electric Railway Co KELRF 79 Construction In Progress is $609 Mil as of Mar. 2026. GuruFocus rates KELRF with a GF Score™ of 79/100 and a GF Value™ of $9.68 (Possible Value Trap). The stock has 3 warning signs investors should review.

Keisei Electric Railway Co's quarterly construction in progress declined from Sep. 2025 ($543 Mil) to Dec. 2025 ($499 Mil) but then increased from Dec. 2025 ($499 Mil) to Mar. 2026 ($609 Mil).

Keisei Electric Railway Co's annual construction in progress increased from Mar. 2024 ($343 Mil) to Mar. 2025 ($514 Mil) and increased from Mar. 2025 ($514 Mil) to Mar. 2026 ($609 Mil).


Keisei Electric Railway Co Construction In Progress Historical Data

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The historical data trend for Keisei Electric Railway Co'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.

Keisei Electric Railway Co Construction In Progress Chart

Keisei Electric Railway Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 311.50 318.98 342.73 513.79 609.20

Keisei Electric Railway Co 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 513.79 541.11 543.15 498.64 609.20
KELRF
79GF Score
Keisei Electric Railway Co Ltd KELRF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Keisei Electric Railway Co 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 $609 Mil mean?
Keisei Electric Railway Co (KELRF) has a Construction In Progress of $609 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Keisei Electric Railway Co and its competitors.
Is Keisei Electric Railway Co's Construction In Progress too high?
Keisei Electric Railway Co's current Construction In Progress is $609 Mil. Overall, Keisei Electric Railway Co has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Keisei Electric Railway Co's Construction In Progress compare to UNP and CSX?
Keisei Electric Railway Co's Construction In Progress of $609 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 Keisei Electric Railway Co and its competitors. Keisei Electric Railway Co's current Construction In Progress is $609 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keisei Electric Railway Co stock overvalued right now?
Based on GuruFocus' analysis, Keisei Electric Railway Co (KELRF) is currently considered Possible Value Trap. The stock's GF Value™ is $9.68, compared to a current price of $6.27 — trading 35.2% below its estimated fair value. The current Construction In Progress is $609 Mil. Keisei Electric Railway Co's overall GF Score™ is 79/100 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 Keisei Electric Railway Co (KELRF), the current Construction In Progress is $609 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 Keisei Electric Railway Co (KELRF) Overvalued in 2026?

Based on GuruFocus' analysis, Keisei Electric Railway Co stock appears to be undervalued. The current stock price of $6.27 is trading 35.2% below its estimated GF Value™ of $9.68. GuruFocus considers Keisei Electric Railway Co to be Possible Value Trap.

Key valuation signals for KELRF:

  • Construction In Progress: $609 Mil
  • GF Value™: $9.68 vs. price of $6.27 (35.2% below fair value)
  • GF Score™: 79/100 with 3 warning signs

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


Keisei Electric Railway Co Business Description

Other Exchanges 9009:JapanKEI:Germany
Address 3-3-1 Yahata, Chiba Prefecture, Ichikawa, JPN, 272-8510
Keisei Electric Railway Co Ltd is a Japanese company that operates railways in Japan. The company's three segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus, and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels, and leisure sites to car maintenance services.
79GF Score

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

$6.27
Price
$9.68
GF Value