Carvana Co (MEX:CVNA) Construction In Progress: MXN1,280 Mil (As of Mar. 2026)


MEX:CVNA Carvana Co MEX:CVNA
57 GF Score
Price MXN1,200.00
GF Value MXN1,341.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Carvana Co Construction In Progress?

Carvana Co MEX:CVNA +7.82% 57 Construction In Progress is MXN1,280 Mil as of Mar. 2026. GuruFocus rates MEX:CVNA with a GF Score™ of 57/100 and a GF Value™ of MXN1,341.80 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Carvana Co's quarterly construction in progress increased from Sep. 2025 (MXN1,101 Mil) to Dec. 2025 (MXN1,116 Mil) and increased from Dec. 2025 (MXN1,116 Mil) to Mar. 2026 (MXN1,280 Mil).

Carvana Co's annual construction in progress increased from Dec. 2023 (MXN1,222 Mil) to Dec. 2024 (MXN1,230 Mil) but then declined from Dec. 2024 (MXN1,230 Mil) to Dec. 2025 (MXN1,116 Mil).

Carvana Co Construction In Progress Historical Data

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The historical data trend for Carvana Co'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.

Carvana Co Construction In Progress Chart

Carvana Co 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 6,051.63 2,612.46 1,222.15 1,230.49 1,116.35

Carvana Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,268.41 1,035.61 1,100.65 1,116.35 1,280.32
MEX:CVNA
57GF Score
Carvana Co MEX:CVNA
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Carvana Co 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 MXN1,280 Mil mean?
Carvana Co (MEX:CVNA) has a Construction In Progress of MXN1,280 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Carvana Co and its competitors.
Is Carvana Co's Construction In Progress too high?
Carvana Co's current Construction In Progress is MXN1,280 Mil. Overall, Carvana Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carvana Co's Construction In Progress compare to PAG and ALTB?
Carvana Co's Construction In Progress of MXN1,280 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Carvana Co and its competitors. Carvana Co's current Construction In Progress is MXN1,280 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carvana Co stock overvalued right now?
Based on GuruFocus' analysis, Carvana Co (MEX:CVNA) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,341.80, compared to a current price of MXN1,200.00 — trading 10.6% below its estimated fair value. The current Construction In Progress is MXN1,280 Mil. Carvana Co's overall GF Score™ is 57/100 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 Carvana Co (MEX:CVNA), the current Construction In Progress is MXN1,280 Mil as of Mar. 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 Carvana Co (MEX:CVNA) Overvalued in 2026?

Based on GuruFocus' analysis, Carvana Co stock appears to be undervalued. The current stock price of MXN1,200.00 is trading 10.6% below its estimated GF Value™ of MXN1,341.80. GuruFocus considers Carvana Co to be Modestly Undervalued.

Key valuation signals for MEX:CVNA:

  • Construction In Progress: MXN1,280 Mil
  • GF Value™: MXN1,341.80 vs. price of MXN1,200.00 (10.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs

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

Carvana Co Business Description

Address 300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
57GF Score

Get the complete analysis for MEX:CVNA

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

MXN1,200.00
Price
MXN1,341.80
GF Value