Chewy (MEX:CHWY) Construction In Progress: MXN357 Mil (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:CHWY Chewy Inc MEX:CHWY
63 GF Score
Price MXN386.00
GF Value MXN562.10
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Chewy Construction In Progress?

Chewy MEX:CHWY 63 Construction In Progress is MXN357 Mil as of Apr. 2026. GuruFocus rates MEX:CHWY with a GF Score™ of 63/100 and a GF Value™ of MXN562.10 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Chewy's quarterly construction in progress declined from Oct. 2025 (MXN920 Mil) to Jan. 2026 (MXN347 Mil) but then increased from Jan. 2026 (MXN347 Mil) to Apr. 2026 (MXN357 Mil).

Chewy's annual construction in progress increased from Jan. 2024 (MXN1,409 Mil) to Jan. 2025 (MXN2,684 Mil) but then declined from Jan. 2025 (MXN2,684 Mil) to Jan. 2026 (MXN347 Mil).

Chewy Construction In Progress Historical Data

* Premium members only.

The historical data trend for Chewy'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.

Chewy Construction In Progress Chart

Chewy Annual Data
Trend Dec16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,755.03 1,758.27 1,408.69 2,683.83 346.99

Chewy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 987.41 1,050.75 919.91 346.99 357.33
MEX:CHWY
63GF Score
Chewy Inc MEX:CHWY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chewy 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 MXN357 Mil mean?
Chewy (MEX:CHWY) has a Construction In Progress of MXN357 Mil as of Apr. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Chewy and its competitors.
Is Chewy's Construction In Progress too high?
Chewy's current Construction In Progress is MXN357 Mil. Overall, Chewy has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chewy's Construction In Progress compare to ETSY and CART?
Chewy's Construction In Progress of MXN357 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Construction In Progress depends on the Retail - Cyclical 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 Chewy and its competitors. Chewy's current Construction In Progress is MXN357 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chewy stock overvalued right now?
Based on GuruFocus' analysis, Chewy (MEX:CHWY) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN562.10, compared to a current price of MXN386.00 — trading 31.3% below its estimated fair value. The current Construction In Progress is MXN357 Mil. Chewy's overall GF Score™ is 63/100 with 2 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 Chewy (MEX:CHWY), the current Construction In Progress is MXN357 Mil as of Apr. 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 Chewy (MEX:CHWY) Overvalued in 2026?

Based on GuruFocus' analysis, Chewy stock appears to be undervalued. The current stock price of MXN386.00 is trading 31.3% below its estimated GF Value™ of MXN562.10. GuruFocus considers Chewy to be Significantly Undervalued.

Key valuation signals for MEX:CHWY:

  • Construction In Progress: MXN357 Mil
  • GF Value™: MXN562.10 vs. price of MXN386.00 (31.3% below fair value)
  • GF Score™: 63/100 with 2 warning signs

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

Chewy Business Description

Address 7700 West Sunrise Boulevard, Plantation, FL, USA, 33322
Chewy is the largest e-commerce petcare retailer in the US, generating $12.6 billion in fiscal 2025 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a stand-alone company in 2019 after spending time developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, veterinary care, membership fees, sponsored ads, and hard goods like crates, leashes, and bowls.
63GF Score

Get the complete analysis for MEX:CHWY

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

MXN386.00
Price
MXN562.10
GF Value