Reliance (MEX:RS) Construction In Progress: MXN4,840 Mil (As of Mar. 2026)


MEX:RS Reliance Inc MEX:RS
88 GF Score
Price MXN5,529.80
GF Value MXN4,789.44
! 9 Warning Signs
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What is Reliance Construction In Progress?

Reliance MEX:RS 88 Construction In Progress is MXN4,840 Mil as of Mar. 2026. GuruFocus rates MEX:RS with a GF Score™ of 88/100 and a GF Value™ of MXN4,789.44. The stock has 9 warning signs investors should review.

Reliance's quarterly construction in progress declined from Sep. 2025 (MXN5,197 Mil) to Dec. 2025 (MXN4,383 Mil) but then increased from Dec. 2025 (MXN4,383 Mil) to Mar. 2026 (MXN4,840 Mil).

Reliance's annual construction in progress increased from Dec. 2023 (MXN4,496 Mil) to Dec. 2024 (MXN6,194 Mil) but then declined from Dec. 2024 (MXN6,194 Mil) to Dec. 2025 (MXN4,383 Mil).

Reliance Construction In Progress Historical Data

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The historical data trend for Reliance'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.

Reliance Construction In Progress Chart

Reliance 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 0.00 0.00 4,496.48 6,194.14 4,382.59

Reliance 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 6,957.83 5,590.39 5,196.91 4,382.59 4,839.98
MEX:RS
88GF Score
Reliance Inc MEX:RS
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Reliance 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 MXN4,840 Mil mean?
Reliance (MEX:RS) has a Construction In Progress of MXN4,840 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Reliance and its competitors.
Is Reliance's Construction In Progress too high?
Reliance's current Construction In Progress is MXN4,840 Mil. Overall, Reliance has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Reliance's Construction In Progress compare to TX and CLF?
Reliance's Construction In Progress of MXN4,840 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 Reliance and its competitors. Reliance's current Construction In Progress is MXN4,840 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance stock overvalued right now?
Reliance (MEX:RS) has a current Construction In Progress of MXN4,840 Mil. The stock's GF Value™ is MXN4,789.44, compared to a current price of MXN5,529.80 — trading 15.5% above its estimated fair value. The current Construction In Progress is MXN4,840 Mil. Reliance's overall GF Score™ is 88/100 with 9 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 Reliance (MEX:RS), the current Construction In Progress is MXN4,840 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 Reliance (MEX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance stock appears to be overvalued. The current stock price of MXN5,529.80 is trading 15.5% above its estimated GF Value™ of MXN4,789.44.

Key valuation signals for MEX:RS:

  • Construction In Progress: MXN4,840 Mil
  • GF Value™: MXN4,789.44 vs. price of MXN5,529.80 (15.5% above fair value)
  • GF Score™: 88/100 with 9 warning signs

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

Reliance Business Description

Other Exchanges RS:USARS6:Germany
Address 735 North 19th Avenue, Phoenix, AZ, USA, 85009
Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.
88GF Score

Get the complete analysis for MEX:RS

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

MXN5,529.80
Price
MXN4,789.44
GF Value