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


MEX:XP N XP Inc MEX:XP N
58 GF Score
Price MXN315.00
GF Value MXN547.58
Valuation Possible Value Trap
! 6 Warning Signs
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What is XP Construction In Progress?

XP MEX:XP N 58 Construction In Progress is MXN0 Mil as of Mar. 2026. GuruFocus rates MEX:XP N with a GF Score™ of 58/100 and a GF Value™ of MXN547.58 (Possible Value Trap). The stock has 6 warning signs investors should review.

XP's quarterly construction in progress increased from Sep. 2025 (MXN0 Mil) to Dec. 2025 (MXN798 Mil) but then declined from Dec. 2025 (MXN798 Mil) to Mar. 2026 (MXN0 Mil).

XP's annual construction in progress declined from Dec. 2023 (MXN709 Mil) to Dec. 2024 (MXN660 Mil) but then increased from Dec. 2024 (MXN660 Mil) to Dec. 2025 (MXN798 Mil).

XP Construction In Progress Historical Data

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The historical data trend for XP'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.

XP Construction In Progress Chart

XP 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 595.28 667.11 708.86 659.63 798.30

XP 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 0.00 798.30 0.00
MEX:XP N
58GF Score
XP Inc MEX:XP N
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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XP 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?
XP (MEX:XP N) 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 XP and its competitors.
Is XP's Construction In Progress too high?
XP's current Construction In Progress is MXN0 Mil. Overall, XP has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does XP's Construction In Progress compare to SNEX and FIGR?
XP's Construction In Progress of MXN0 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Construction In Progress depends on the Capital Markets 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 XP and its competitors. XP'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 XP stock overvalued right now?
Based on GuruFocus' analysis, XP (MEX:XP N) is currently considered Possible Value Trap. The stock's GF Value™ is MXN547.58, compared to a current price of MXN315.00 — trading 42.5% below its estimated fair value. The current Construction In Progress is MXN0 Mil. XP's overall GF Score™ is 58/100 with 6 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 XP (MEX:XP N), 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 XP (MEX:XP N) Overvalued in 2026?

Based on GuruFocus' analysis, XP stock appears to be undervalued. The current stock price of MXN315.00 is trading 42.5% below its estimated GF Value™ of MXN547.58. GuruFocus considers XP to be Possible Value Trap.

Key valuation signals for MEX:XP N:

  • Construction In Progress: MXN0 Mil
  • GF Value™: MXN547.58 vs. price of MXN315.00 (42.5% below fair value)
  • GF Score™: 58/100 with 6 warning signs

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

XP Business Description

Address 20, Genesis Close, George Town, Vila Olimpia, Grand Cayman, CYM, KY-1-1208
XP Inc is a Cayman Island-based technology-driven financial services platform. It is a provider of low-fee financial products and services in Brazil. The company evaluates its business through a single segment such as monitoring operations, making decisions on fund allocation, and evaluating the performance. It generates revenue through the Brokerage commission. Geographically, the company derives maximum revenue from Brazil and also has its presence in other countries.
58GF Score

Get the complete analysis for MEX:XP N

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

MXN315.00
Price
MXN547.58
GF Value