Heineken Holding NV (LTS:0NBD) Construction In Progress: €1,235 Mil (As of Dec. 2025)


LTS:0NBD Heineken Holding NV LTS:0NBD
81 GF Score
Price €66.53
GF Value €70.94
Valuation Fairly Valued
! 7 Warning Signs
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What is Heineken Holding NV Construction In Progress?

Heineken Holding NV LTS:0NBD 81 Construction In Progress is €1,235 Mil as of Dec. 2025. GuruFocus rates LTS:0NBD with a GF Score™ of 81/100 and a GF Value™ of €70.94 (Fairly Valued). The stock has 7 warning signs investors should review.

Heineken Holding NV's quarterly construction in progress declined from Dec. 2024 (€1,785 Mil) to Jun. 2025 (€0 Mil) but then increased from Jun. 2025 (€0 Mil) to Dec. 2025 (€1,235 Mil).

Heineken Holding NV's annual construction in progress increased from Dec. 2023 (€1,576 Mil) to Dec. 2024 (€1,785 Mil) but then declined from Dec. 2024 (€1,785 Mil) to Dec. 2025 (€1,235 Mil).

Heineken Holding NV Construction In Progress Historical Data

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The historical data trend for Heineken Holding NV'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.

Heineken Holding NV Construction In Progress Chart

Heineken Holding NV 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 1,068.00 1,387.00 1,576.00 1,785.00 1,235.00

Heineken Holding NV 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 1,576.00 0.00 1,785.00 0.00 1,235.00
LTS:0NBD
81GF Score
Heineken Holding NV LTS:0NBD
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Heineken Holding NV 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 €1,235 Mil mean?
Heineken Holding NV (LTS:0NBD) has a Construction In Progress of €1,235 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Heineken Holding NV and its competitors.
Is Heineken Holding NV's Construction In Progress too high?
Heineken Holding NV's current Construction In Progress is €1,235 Mil. Overall, Heineken Holding NV has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heineken Holding NV's Construction In Progress compare to BUD and STZ?
Heineken Holding NV's Construction In Progress of €1,235 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Construction In Progress depends on the Beverages - Alcoholic 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 Heineken Holding NV and its competitors. Heineken Holding NV's current Construction In Progress is €1,235 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heineken Holding NV stock overvalued right now?
Based on GuruFocus' analysis, Heineken Holding NV (LTS:0NBD) is currently considered Fairly Valued. The stock's GF Value™ is €70.94, compared to a current price of €66.53 — trading 6.2% below its estimated fair value. The current Construction In Progress is €1,235 Mil. Heineken Holding NV's overall GF Score™ is 81/100 with 7 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 Heineken Holding NV (LTS:0NBD), the current Construction In Progress is €1,235 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 Heineken Holding NV (LTS:0NBD) Overvalued in 2026?

Based on GuruFocus' analysis, Heineken Holding NV stock appears to be undervalued. The current stock price of €66.53 is trading 6.2% below its estimated GF Value™ of €70.94. GuruFocus considers Heineken Holding NV to be Fairly Valued.

Key valuation signals for LTS:0NBD:

  • Construction In Progress: €1,235 Mil
  • GF Value™: €70.94 vs. price of €66.53 (6.2% below fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the LTS:0NBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Heineken Holding NV Business Description

Address Tweede Weteringplantsoen 5, PO Box 28, Amsterdam, NH, NLD, 1017 ZD
Heineken Holding NV, through its subsidiary, is involved in the brewing and selling of beer and cider. It does not engage in operational activities and generates income almost exclusively by receiving Heineken dividends. The company has five reportable segments: Europe, Americas, Africa & Middle East, Asia Pacific and Heineken N.V. Head Office & Other/Eliminations. The majority of the revenue is generated from the Europe segment.
81GF Score

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

€66.53
Price
€70.94
GF Value