Fortescue (MEX:FMG1N) Construction In Progress: MXN0 Mil (As of Dec. 2025)


MEX:FMG1N Fortescue Ltd MEX:FMG1N
78 GF Score
Price MXN204.38
GF Value MXN206.76
! 6 Warning Signs
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What is Fortescue Construction In Progress?

Fortescue MEX:FMG1N 78 Construction In Progress is MXN0 Mil as of Dec. 2025. GuruFocus rates MEX:FMG1N with a GF Score™ of 78/100 and a GF Value™ of MXN206.76. The stock has 6 warning signs investors should review.

Fortescue's quarterly construction in progress increased from Dec. 2024 (MXN0 Mil) to Jun. 2025 (MXN41,330 Mil) but then declined from Jun. 2025 (MXN41,330 Mil) to Dec. 2025 (MXN0 Mil).

Fortescue's annual construction in progress declined from Jun. 2023 (MXN83,594 Mil) to Jun. 2024 (MXN47,834 Mil) and declined from Jun. 2024 (MXN47,834 Mil) to Jun. 2025 (MXN41,330 Mil).

Fortescue Construction In Progress Historical Data

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The historical data trend for Fortescue'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.

Fortescue Construction In Progress Chart

Fortescue Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63,977.88 103,748.53 83,593.66 47,833.79 41,330.09

Fortescue 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 0.00 47,833.79 0.00 41,330.09 0.00
MEX:FMG1N
78GF Score
Fortescue Ltd MEX:FMG1N
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortescue 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 MXN0 Mil mean?
Fortescue (MEX:FMG1N) has a Construction In Progress of MXN0 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Fortescue and its competitors.
Is Fortescue's Construction In Progress too high?
Fortescue's current Construction In Progress is MXN0 Mil. Overall, Fortescue has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Fortescue's Construction In Progress compare to competitors?
Fortescue's Construction In Progress of MXN0 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining 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 Fortescue and its competitors. Fortescue's current Construction In Progress is MXN0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortescue stock overvalued right now?
Fortescue (MEX:FMG1N) has a current Construction In Progress of MXN0 Mil. The stock's GF Value™ is MXN206.76, compared to a current price of MXN204.38 — trading 1.2% below its estimated fair value. The current Construction In Progress is MXN0 Mil. Fortescue's overall GF Score™ is 78/100 with 6 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 Fortescue (MEX:FMG1N), the current Construction In Progress is MXN0 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 Fortescue (MEX:FMG1N) Overvalued in 2026?

Based on GuruFocus' analysis, Fortescue stock appears to be undervalued. The current stock price of MXN204.38 is trading 1.2% below its estimated GF Value™ of MXN206.76.

Key valuation signals for MEX:FMG1N:

  • Construction In Progress: MXN0 Mil
  • GF Value™: MXN206.76 vs. price of MXN204.38 (1.2% below fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the MEX:FMG1N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortescue Business Description

Address 87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004
Fortescue is an Australia-based iron ore miner. It has grown from obscurity at the start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 195 million metric tons in 2025 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion to about 210 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2028. However, with longer-term demand likely to decline as China's economy matures, its future margins are likely to be below historical averages. More recently, Fortescue diversified into copper and green energy. It has big ambitions here, but its efforts are at an early stage.
78GF Score

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

MXN204.38
Price
MXN206.76
GF Value