Mercedes-Benz Group AG (MEX:MBGN) Construction In Progress: MXN92,186 Mil (As of Mar. 2026)


MEX:MBGN Mercedes-Benz Group AG MEX:MBGN
60 GF Score
Price MXN1,020.32
GF Value MXN1,161.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mercedes-Benz Group AG Construction In Progress?

Mercedes-Benz Group AG MEX:MBGN 60 Construction In Progress is MXN92,186 Mil as of Mar. 2026. GuruFocus rates MEX:MBGN with a GF Score™ of 60/100 and a GF Value™ of MXN1,161.24 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Mercedes-Benz Group AG's quarterly construction in progress increased from Sep. 2025 (MXN95,855 Mil) to Dec. 2025 (MXN97,661 Mil) but then declined from Dec. 2025 (MXN97,661 Mil) to Mar. 2026 (MXN92,186 Mil).

Mercedes-Benz Group AG's annual construction in progress increased from Dec. 2023 (MXN41,223 Mil) to Dec. 2024 (MXN78,946 Mil) and increased from Dec. 2024 (MXN78,946 Mil) to Dec. 2025 (MXN97,661 Mil).

Mercedes-Benz Group AG Construction In Progress Historical Data

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The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG Construction In Progress Chart

Mercedes-Benz Group AG 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 50,879.36 31,329.91 41,223.17 78,945.92 97,660.89

Mercedes-Benz Group AG 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 75,839.10 81,593.20 95,854.90 97,660.89 92,185.66
MEX:MBGN
60GF Score
Mercedes-Benz Group AG MEX:MBGN
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercedes-Benz Group AG 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 MXN92,186 Mil mean?
Mercedes-Benz Group AG (MEX:MBGN) has a Construction In Progress of MXN92,186 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Mercedes-Benz Group AG and its competitors.
Is Mercedes-Benz Group AG's Construction In Progress too high?
Mercedes-Benz Group AG's current Construction In Progress is MXN92,186 Mil. Overall, Mercedes-Benz Group AG has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Construction In Progress compare to TSLA and GM?
Mercedes-Benz Group AG's Construction In Progress of MXN92,186 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 Mercedes-Benz Group AG and its competitors. Mercedes-Benz Group AG's current Construction In Progress is MXN92,186 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (MEX:MBGN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,161.24, compared to a current price of MXN1,020.32 — trading 12.1% below its estimated fair value. The current Construction In Progress is MXN92,186 Mil. Mercedes-Benz Group AG's overall GF Score™ is 60/100 with 5 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 Mercedes-Benz Group AG (MEX:MBGN), the current Construction In Progress is MXN92,186 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 Mercedes-Benz Group AG (MEX:MBGN) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of MXN1,020.32 is trading 12.1% below its estimated GF Value™ of MXN1,161.24. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for MEX:MBGN:

  • Construction In Progress: MXN92,186 Mil
  • GF Value™: MXN1,161.24 vs. price of MXN1,020.32 (12.1% below fair value)
  • GF Score™: 60/100 with 5 warning signs

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

Mercedes-Benz Group AG Business Description

Address Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
60GF Score

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

MXN1,020.32
Price
MXN1,161.24
GF Value