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Horiba's quarterly construction in progress
declined
from Dec. 2025 (MXN2,510 Mil) to Mar. 2026 (MXN1,498 Mil) and
declined
from Mar. 2026 (MXN1,498 Mil) to Jun. 2026 (MXN1,405 Mil).
Horiba's annual construction in progress
increased
from Dec. 2023 (MXN298 Mil) to Dec. 2024 (MXN1,670 Mil) and
increased
from Dec. 2024 (MXN1,670 Mil) to Dec. 2025 (MXN2,510 Mil).
The historical data trend for Horiba'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.
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 MXN1,405 Mil mean?
Horiba (MEX:6856N) has a Construction In Progress of MXN1,405 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Horiba and its competitors.
Is Horiba's Construction In Progress too high?
Horiba's current Construction In Progress is MXN1,405 Mil. Overall, Horiba has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Horiba's Construction In Progress compare to COHR and KEYS?
Horiba's Construction In Progress of MXN1,405 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Construction In Progress depends on the Hardware 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 Horiba and its competitors. Horiba's current Construction In Progress is MXN1,405 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horiba stock overvalued right now?
Horiba (MEX:6856N) has a current Construction In Progress of MXN1,405 Mil. The stock's GF Value™ is MXN478.70, compared to a current price of MXN1,047.02 — trading 118.7% above its estimated fair value. The current Construction In Progress is MXN1,405 Mil. Horiba's overall GF Score™ is 84/100 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 Horiba (MEX:6856N), the current Construction In Progress is MXN1,405 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 Horiba (MEX:6856N) Overvalued in 2026?
Based on GuruFocus' analysis, Horiba stock appears to be overvalued.
The current stock price of MXN1,047.02 is trading 118.7% above its estimated GF Value™ of MXN478.70.
Key valuation signals for MEX:6856N:
Construction In Progress: MXN1,405 Mil
GF Value™: MXN478.70 vs. price of MXN1,047.02 (118.7% above fair value)
No single metric tells the full story. See the MEX:6856N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horiba Ltd provides analytical and measurement equipment. The company operates through five segments. The Automobile segment offers automotive validation, verification technologies, and consulting services. The Environment/Accounting Process segment provides measurement technologies for air, water, and soil quality to support environmental conservation. The Medical segment develops and distributes in vitro diagnostic systems, mainly in the field of hematology. The Science segment delivers high-performance scientific instruments and analytical solutions. The Semiconductor segment specializes in fluid control, measurement, and analysis technologies for researchers, developers, and manufacturers across regions.
84GF Score
Get the complete analysis for MEX:6856N
Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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