Drax Group (LSE:DRX) Construction In Progress: £822 Mil (As of Dec. 2025)


LSE:DRX Drax Group PLC LSE:DRX
70 GF Score
Price £7.56
GF Value £5.24
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Drax Group Construction In Progress?

Drax Group LSE:DRX -0.59% 70 Construction In Progress is £822 Mil as of Dec. 2025. GuruFocus rates LSE:DRX with a GF Score™ of 70/100 and a GF Value™ of £5.24 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Drax Group's quarterly construction in progress declined from Dec. 2024 (£712 Mil) to Jun. 2025 (£0 Mil) but then increased from Jun. 2025 (£0 Mil) to Dec. 2025 (£822 Mil).

Drax Group's annual construction in progress increased from Dec. 2023 (£656 Mil) to Dec. 2024 (£712 Mil) and increased from Dec. 2024 (£712 Mil) to Dec. 2025 (£822 Mil).

Drax Group Construction In Progress Historical Data

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The historical data trend for Drax Group'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.

Drax Group Construction In Progress Chart

Drax Group 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 304.30 308.90 656.10 712.40 821.90

Drax Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 656.10 0.00 712.40 0.00 821.90
LSE:DRX
70GF Score
Drax Group PLC LSE:DRX
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Drax Group 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 £822 Mil mean?
Drax Group (LSE:DRX) has a Construction In Progress of £822 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Drax Group and its competitors.
Is Drax Group's Construction In Progress too high?
Drax Group's current Construction In Progress is £822 Mil. Overall, Drax Group has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Drax Group's Construction In Progress compare to competitors?
Drax Group's Construction In Progress of £822 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 Drax Group and its competitors. Drax Group's current Construction In Progress is £822 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Drax Group stock overvalued right now?
Based on GuruFocus' analysis, Drax Group (LSE:DRX) is currently considered Significantly Overvalued. The stock's GF Value™ is £5.24, compared to a current price of £7.56 — trading 44.3% above its estimated fair value. The current Construction In Progress is £822 Mil. Drax Group's overall GF Score™ is 70/100 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 Drax Group (LSE:DRX), the current Construction In Progress is £822 Mil as of Dec. 2025. 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 Drax Group (LSE:DRX) Overvalued in 2026?

Based on GuruFocus' analysis, Drax Group stock appears to be overvalued. The current stock price of £7.56 is trading 44.3% above its estimated GF Value™ of £5.24. GuruFocus considers Drax Group to be Significantly Overvalued.

Key valuation signals for LSE:DRX:

  • Construction In Progress: £822 Mil
  • GF Value™: £5.24 vs. price of £7.56 (44.3% above fair value)
  • GF Score™: 70/100 with 3 warning signs

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

Drax Group Business Description

Address Drax Power Station, Selby, North Yorkshire, GBR, YO8 8PH
Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric, and pumped hydro storage assets across four sites in England and Scotland. The company also operates a bioenergy supply business with manufacturing facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. Its segments include Pellet Production, Generation, and Customers. The majority of its revenue is generated from the Customers segment which sells renewable electricity to industrial and commercial customers in the United Kingdom.
70GF Score

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

£7.56
Price
£5.24
GF Value