National Industries Co KSC (KUW:NICBM) Construction In Progress: KWD0.00 Mil (As of Jun. 2026)

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KUW:NICBM National Industries Co KSC KUW:NICBM
47 GF Score
Price KWD0.27
GF Value KWD0.23
Valuation Modestly Overvalued
! 8 Warning Signs
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What is National Industries Co KSC Construction In Progress?

National Industries Co KSC KUW:NICBM -3.23% 47 Construction In Progress is KWD0.00 Mil as of Jun. 2026. GuruFocus rates KUW:NICBM with a GF Score™ of 47/100 and a GF Value™ of KWD0.23 (Modestly Overvalued). The stock has 8 warning signs investors should review.

National Industries Co KSC's quarterly construction in progress declined from Dec. 2025 (KWD0.18 Mil) to Mar. 2026 (KWD0.00 Mil) but then stayed the same from Mar. 2026 (KWD0.00 Mil) to Jun. 2026 (KWD0.00 Mil).

National Industries Co KSC's annual construction in progress increased from Dec. 2023 (KWD0.53 Mil) to Dec. 2024 (KWD0.75 Mil) but then declined from Dec. 2024 (KWD0.75 Mil) to Dec. 2025 (KWD0.18 Mil).

National Industries Co KSC Construction In Progress Historical Data

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The historical data trend for National Industries Co KSC'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.

National Industries Co KSC Construction In Progress Chart

National Industries Co KSC 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 1.60 0.74 0.53 0.75 0.18

National Industries Co KSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.18 0.00 0.00
KUW:NICBM
47GF Score
National Industries Co KSC KUW:NICBM
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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National Industries Co KSC 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 KWD0.00 Mil mean?
National Industries Co KSC (KUW:NICBM) has a Construction In Progress of KWD0.00 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on National Industries Co KSC and its competitors.
Is National Industries Co KSC's Construction In Progress too high?
National Industries Co KSC's current Construction In Progress is KWD0.00 Mil. Overall, National Industries Co KSC has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Industries Co KSC's Construction In Progress compare to TT and JCI?
National Industries Co KSC's Construction In Progress of KWD0.00 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 National Industries Co KSC and its competitors. National Industries Co KSC's current Construction In Progress is KWD0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Industries Co KSC stock overvalued right now?
Based on GuruFocus' analysis, National Industries Co KSC (KUW:NICBM) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.23, compared to a current price of KWD0.27 — trading 16.1% above its estimated fair value. The current Construction In Progress is KWD0.00 Mil. National Industries Co KSC's overall GF Score™ is 47/100 with 8 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 National Industries Co KSC (KUW:NICBM), the current Construction In Progress is KWD0.00 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 National Industries Co KSC (KUW:NICBM) Overvalued in 2026?

Based on GuruFocus' analysis, National Industries Co KSC stock appears to be overvalued. The current stock price of KWD0.27 is trading 16.1% above its estimated GF Value™ of KWD0.23. GuruFocus considers National Industries Co KSC to be Modestly Overvalued.

Key valuation signals for KUW:NICBM:

  • Construction In Progress: KWD0.00 Mil
  • GF Value™: KWD0.23 vs. price of KWD0.27 (16.1% above fair value)
  • GF Score™: 47/100 with 8 warning signs

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

National Industries Co KSC Business Description

Address Jahra Road and International Airport Road, South Shuwaikh, PO Box 3314, Safat, Kuwait City, KWT, 13034
National Industries Co KSC is a company specializing in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. The business has four business segments which include building materials and contracting services, the Oil sector, Real estate, and investments. The majority of its revenue derives from the building materials and contracting services segment.
47GF Score

Get the complete analysis for KUW:NICBM

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

KWD0.27
Price
KWD0.23
GF Value