Workhorse Group (MEX:WKHS) Construction In Progress: MXN0.0 Mil (As of Mar. 2026)


MEX:WKHS Workhorse Group Inc MEX:WKHS
33 GF Score
Price MXN44.70
GF Value MXN220.80
! 8 Warning Signs
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What is Workhorse Group Construction In Progress?

Workhorse Group MEX:WKHS 33 Construction In Progress is MXN0.0 Mil as of Mar. 2026. GuruFocus rates MEX:WKHS with a GF Score™ of 33/100 and a GF Value™ of MXN220.80. The stock has 8 warning signs investors should review.

Workhorse Group's quarterly construction in progress increased from Sep. 2025 (MXN0.0 Mil) to Dec. 2025 (MXN4.5 Mil) but then declined from Dec. 2025 (MXN4.5 Mil) to Mar. 2026 (MXN0.0 Mil).

Workhorse Group's annual construction in progress declined from Dec. 2023 (MXN18.7 Mil) to Dec. 2024 (MXN8.9 Mil) and declined from Dec. 2024 (MXN8.9 Mil) to Dec. 2025 (MXN4.5 Mil).

Workhorse Group Construction In Progress Historical Data

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The historical data trend for Workhorse Group'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.

Workhorse Group Construction In Progress Chart

Workhorse Group 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 19.04 175.99 18.74 8.89 4.48

Workhorse Group 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 4.48 0.00
MEX:WKHS
33GF Score
Workhorse Group Inc MEX:WKHS
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Workhorse Group 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 MXN0.0 Mil mean?
Workhorse Group (MEX:WKHS) has a Construction In Progress of MXN0.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Workhorse Group and its competitors.
Is Workhorse Group's Construction In Progress too high?
Workhorse Group's current Construction In Progress is MXN0.0 Mil. Overall, Workhorse Group has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Workhorse Group's Construction In Progress compare to DCX and EVTV?
Workhorse Group's Construction In Progress of MXN0.0 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Workhorse Group and its competitors. Workhorse Group's current Construction In Progress is MXN0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workhorse Group stock overvalued right now?
Workhorse Group (MEX:WKHS) has a current Construction In Progress of MXN0.0 Mil. The stock's GF Value™ is MXN220.80, compared to a current price of MXN44.70 — trading 79.8% below its estimated fair value. The current Construction In Progress is MXN0.0 Mil. Workhorse Group's overall GF Score™ is 33/100 with 8 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 Workhorse Group (MEX:WKHS), the current Construction In Progress is MXN0.0 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 Workhorse Group (MEX:WKHS) Overvalued in 2026?

Based on GuruFocus' analysis, Workhorse Group stock appears to be undervalued. The current stock price of MXN44.70 is trading 79.8% below its estimated GF Value™ of MXN220.80.

Key valuation signals for MEX:WKHS:

  • Construction In Progress: MXN0.0 Mil
  • GF Value™: MXN220.80 vs. price of MXN44.70 (79.8% below fair value)
  • GF Score™: 33/100 with 8 warning signs

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

Workhorse Group Business Description

Other Exchanges WKHS:USA0A3U:UK1WO0:Germany
Address 48443 Alpha Drive, Suite 190, Wixom, MI, USA, 48393
Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric vehicles, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.
33GF Score

Get the complete analysis for MEX:WKHS

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

MXN44.70
Price
MXN220.80
GF Value