NOV (MEX:NOV) Construction In Progress: MXN0 Mil (As of Mar. 2026)


MEX:NOV NOV Inc MEX:NOV
72 GF Score
Price MXN313.00
GF Value MXN312.66
! 5 Warning Signs
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What is NOV Construction In Progress?

NOV MEX:NOV 72 Construction In Progress is MXN0 Mil as of Mar. 2026. GuruFocus rates MEX:NOV with a GF Score™ of 72/100 and a GF Value™ of MXN312.66. The stock has 5 warning signs investors should review.

NOV Construction In Progress Historical Data

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The historical data trend for NOV'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.

NOV Construction In Progress Chart

NOV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
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NOV 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 0.00 0.00 0.00 0.00 0.00
MEX:NOV
72GF Score
NOV Inc MEX:NOV
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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NOV 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?
NOV (MEX:NOV) has a Construction In Progress of MXN0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on NOV and its competitors.
Is NOV's Construction In Progress too high?
NOV's current Construction In Progress is MXN0 Mil. Overall, NOV has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does NOV's Construction In Progress compare to WFRD and KGS?
NOV's Construction In Progress of MXN0 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 NOV and its competitors. NOV'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 NOV stock overvalued right now?
NOV (MEX:NOV) has a current Construction In Progress of MXN0 Mil. The stock's GF Value™ is MXN312.66, compared to a current price of MXN313.00 — trading 0.1% above its estimated fair value. The current Construction In Progress is MXN0 Mil. NOV's overall GF Score™ is 72/100 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 NOV (MEX:NOV), the current Construction In Progress is MXN0 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 NOV (MEX:NOV) Overvalued in 2026?

Based on GuruFocus' analysis, NOV stock appears to be overvalued. The current stock price of MXN313.00 is trading 0.1% above its estimated GF Value™ of MXN312.66.

Key valuation signals for MEX:NOV:

  • Construction In Progress: MXN0 Mil
  • GF Value™: MXN312.66 vs. price of MXN313.00 (0.1% above fair value)
  • GF Score™: 72/100 with 5 warning signs

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

NOV Business Description

Industry EnergyOil & Gas
Address 10353 Richmond Avenue, Houston, TX, USA, 77042-4103
NOV (formerly National Oilwell Varco) designs, manufactures, and sells a wide range of equipment and components supplying the oil and gas industry, including rig equipment, downhole tools, drill pipe, and well casing. NOV's customers include major integrated oil companies, national oil companies, independent oil and gas companies, and drilling contractors. Its operations are organized into two reportable segments: energy products and services and energy equipment. NOV operates on a global scale, with international markets contributing nearly two-thirds of its annual revenue.
72GF Score

Get the complete analysis for MEX:NOV

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

MXN313.00
Price
MXN312.66
GF Value