Target Hospitality (MEX:TH) Construction In Progress: MXN984 Mil (As of Mar. 2026)

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MEX:TH Target Hospitality Corp MEX:TH
66 GF Score
Price MXN188.36
GF Value MXN83.98
! 2 Warning Signs
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What is Target Hospitality Construction In Progress?

Target Hospitality MEX:TH 66 Construction In Progress is MXN984 Mil as of Mar. 2026. GuruFocus rates MEX:TH with a GF Score™ of 66/100 and a GF Value™ of MXN83.98. The stock has 2 warning signs investors should review.

Target Hospitality's quarterly construction in progress increased from Sep. 2025 (MXN208 Mil) to Dec. 2025 (MXN379 Mil) and increased from Dec. 2025 (MXN379 Mil) to Mar. 2026 (MXN984 Mil).

Target Hospitality's annual construction in progress increased from Dec. 2023 (MXN62 Mil) to Dec. 2024 (MXN177 Mil) and increased from Dec. 2024 (MXN177 Mil) to Dec. 2025 (MXN379 Mil).

Target Hospitality Construction In Progress Historical Data

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The historical data trend for Target Hospitality'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.

Target Hospitality Construction In Progress Chart

Target Hospitality Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 72.97 90.72 62.21 176.77 379.15

Target Hospitality 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 171.75 196.73 207.99 379.15 983.74
MEX:TH
66GF Score
Target Hospitality Corp MEX:TH
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Target Hospitality 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 MXN984 Mil mean?
Target Hospitality (MEX:TH) has a Construction In Progress of MXN984 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Target Hospitality and its competitors.
Is Target Hospitality's Construction In Progress too high?
Target Hospitality's current Construction In Progress is MXN984 Mil. Overall, Target Hospitality has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Target Hospitality's Construction In Progress compare to TIC and CMPR?
Target Hospitality's Construction In Progress of MXN984 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Construction In Progress depends on the Business Services 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 Target Hospitality and its competitors. Target Hospitality's current Construction In Progress is MXN984 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Target Hospitality stock overvalued right now?
Target Hospitality (MEX:TH) has a current Construction In Progress of MXN984 Mil. The stock's GF Value™ is MXN83.98, compared to a current price of MXN188.36 — trading 124.3% above its estimated fair value. The current Construction In Progress is MXN984 Mil. Target Hospitality's overall GF Score™ is 66/100 with 2 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 Target Hospitality (MEX:TH), the current Construction In Progress is MXN984 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 Target Hospitality (MEX:TH) Overvalued in 2026?

Based on GuruFocus' analysis, Target Hospitality stock appears to be overvalued. The current stock price of MXN188.36 is trading 124.3% above its estimated GF Value™ of MXN83.98.

Key valuation signals for MEX:TH:

  • Construction In Progress: MXN984 Mil
  • GF Value™: MXN83.98 vs. price of MXN188.36 (124.3% above fair value)
  • GF Score™: 66/100 with 2 warning signs

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

Target Hospitality Business Description

Other Exchanges TH:USA
Address 9320 Lakeside Boulevard, Suite 300, The Woodlands, TX, USA, 77381
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services, including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. The company has three reportable segments: HFS - South, which provides specialty rental and hospitality services to the natural resources and development industry; WHS, which provides construction and hospitality solutions for critical mineral and data center projects; and Government, which provides specialty rental and hospitality services under government contracts.
66GF Score

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

MXN188.36
Price
MXN83.98
GF Value