Sphere Entertainment Co (MEX:MSGE) Construction In Progress: MXN40 Mil (As of Mar. 2026)


MEX:MSGE Sphere Entertainment Co MEX:MSGE
58 GF Score
Price MXN824.39
GF Value MXN323.40
! 6 Warning Signs
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What is Sphere Entertainment Co Construction In Progress?

Sphere Entertainment Co MEX:MSGE 58 Construction In Progress is MXN40 Mil as of Mar. 2026. GuruFocus rates MEX:MSGE with a GF Score™ of 58/100 and a GF Value™ of MXN323.40. The stock has 6 warning signs investors should review.

Sphere Entertainment Co's quarterly construction in progress declined from Sep. 2025 (MXN113 Mil) to Dec. 2025 (MXN106 Mil) and declined from Dec. 2025 (MXN106 Mil) to Mar. 2026 (MXN40 Mil).

Sphere Entertainment Co's annual construction in progress declined from Jun. 2023 (MXN52,577 Mil) to Jun. 2024 (MXN76 Mil) but then increased from Jun. 2024 (MXN76 Mil) to Dec. 2025 (MXN106 Mil).

Sphere Entertainment Co Construction In Progress Historical Data

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The historical data trend for Sphere Entertainment 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.

Sphere Entertainment Co Construction In Progress Chart

Sphere Entertainment Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 23,778.22 40,658.04 52,576.66 75.88 105.75

Sphere Entertainment 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 126.76 184.13 112.60 105.75 39.87
MEX:MSGE
58GF Score
Sphere Entertainment Co MEX:MSGE
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Sphere Entertainment 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 MXN40 Mil mean?
Sphere Entertainment Co (MEX:MSGE) has a Construction In Progress of MXN40 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Sphere Entertainment Co and its competitors.
Is Sphere Entertainment Co's Construction In Progress too high?
Sphere Entertainment Co's current Construction In Progress is MXN40 Mil. Overall, Sphere Entertainment Co has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Sphere Entertainment Co's Construction In Progress compare to VSNT and LION?
Sphere Entertainment Co's Construction In Progress of MXN40 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Construction In Progress depends on the Media - Diversified 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 Sphere Entertainment Co and its competitors. Sphere Entertainment Co's current Construction In Progress is MXN40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere Entertainment Co stock overvalued right now?
Sphere Entertainment Co (MEX:MSGE) has a current Construction In Progress of MXN40 Mil. The stock's GF Value™ is MXN323.40, compared to a current price of MXN824.39 — trading 154.9% above its estimated fair value. The current Construction In Progress is MXN40 Mil. Sphere Entertainment Co's overall GF Score™ is 58/100 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 Sphere Entertainment Co (MEX:MSGE), the current Construction In Progress is MXN40 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 Sphere Entertainment Co (MEX:MSGE) Overvalued in 2026?

Based on GuruFocus' analysis, Sphere Entertainment Co stock appears to be overvalued. The current stock price of MXN824.39 is trading 154.9% above its estimated GF Value™ of MXN323.40.

Key valuation signals for MEX:MSGE:

  • Construction In Progress: MXN40 Mil
  • GF Value™: MXN323.40 vs. price of MXN824.39 (154.9% above fair value)
  • GF Score™: 58/100 with 6 warning signs

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

Sphere Entertainment Co Business Description

Other Exchanges SPHR:USAMQ2:Germany
Address Two Penn Plaza, New York, NY, USA, 10121
Sphere Entertainment Co is a live entertainment and media company. The firm creates, writes, casts, produces, and tours shows and events. The group has two reportable segments: Sphere and MSG Networks. Sphere is a next-generation entertainment medium, and MSG Networks operates two regional sports and entertainment networks, as well as a direct-to-consumer (DTC) and authenticated streaming product.
58GF Score

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

MXN824.39
Price
MXN323.40
GF Value