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Thungela Resources's quarterly construction in progress
declined
from Dec. 2024 (MXN10,593 Mil) to Jun. 2025 (MXN9,572 Mil) and
declined
from Jun. 2025 (MXN9,572 Mil) to Dec. 2025 (MXN4,017 Mil).
Thungela Resources's annual construction in progress
increased
from Dec. 2023 (MXN6,572 Mil) to Dec. 2024 (MXN10,593 Mil) but then
declined
from Dec. 2024 (MXN10,593 Mil) to Dec. 2025 (MXN4,017 Mil).
Thungela Resources Construction In Progress Historical Data
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The historical data trend for Thungela Resources'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.
Thungela Resources 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 MXN4,017 Mil mean?
Thungela Resources (MEX:TGA N) has a Construction In Progress of MXN4,017 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Thungela Resources and its competitors.
Is Thungela Resources' Construction In Progress too high?
Thungela Resources' current Construction In Progress is MXN4,017 Mil. Overall, Thungela Resources has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Thungela Resources' Construction In Progress compare to competitors?
Thungela Resources' Construction In Progress of MXN4,017 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Construction In Progress depends on the Other Energy Sources 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 Thungela Resources and its competitors. Thungela Resources's current Construction In Progress is MXN4,017 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thungela Resources stock overvalued right now?
Thungela Resources (MEX:TGA N) has a current Construction In Progress of MXN4,017 Mil. The stock's GF Value™ is MXN122.38, compared to a current price of MXN120.43 — trading 1.6% below its estimated fair value. The current Construction In Progress is MXN4,017 Mil. Thungela Resources' overall GF Score™ is 92/100 with 7 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 Thungela Resources (MEX:TGA N), the current Construction In Progress is MXN4,017 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 Thungela Resources (MEX:TGA N) Overvalued in 2026?
Based on GuruFocus' analysis, Thungela Resources stock appears to be undervalued.
The current stock price of MXN120.43 is trading 1.6% below its estimated GF Value™ of MXN122.38.
Key valuation signals for MEX:TGA N:
Construction In Progress: MXN4,017 Mil
GF Value™: MXN122.38 vs. price of MXN120.43 (1.6% below fair value)
No single metric tells the full story. See the MEX:TGA N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal with operations in South Africa and Australia. The group focuses on high-quality coal reserves and marketable production, positioning as a key player in the energy market by delivering coal through world-class ports, and powering nations. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining, and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa. Its operational segments are Opencast, Underground, and Services.
92GF Score
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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