Covestro AG (MIL:11COV) Construction In Progress: €1,276 Mil (As of Dec. 2025)


MIL:11COV Covestro AG MIL:11COV
41 GF Score
Price €56.20
GF Value €47.37
! 7 Warning Signs
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What is Covestro AG Construction In Progress?

Covestro AG MIL:11COV 41 Construction In Progress is €1,276 Mil as of Dec. 2025. GuruFocus rates MIL:11COV with a GF Score™ of 41/100 and a GF Value™ of €47.37. The stock has 7 warning signs investors should review.

Covestro AG's quarterly construction in progress stayed the same from Jun. 2025 (€0 Mil) to Sep. 2025 (€0 Mil) but then increased from Sep. 2025 (€0 Mil) to Dec. 2025 (€1,276 Mil).

Covestro AG's annual construction in progress increased from Dec. 2023 (€1,043 Mil) to Dec. 2024 (€1,262 Mil) and increased from Dec. 2024 (€1,262 Mil) to Dec. 2025 (€1,276 Mil).

Covestro AG Construction In Progress Historical Data

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The historical data trend for Covestro AG'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.

Covestro AG Construction In Progress Chart

Covestro AG 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 920.00 937.00 1,043.00 1,262.00 1,276.00

Covestro AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1,262.00 0.00 0.00 0.00 1,276.00
MIL:11COV
41GF Score
Covestro AG MIL:11COV
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Covestro AG 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 €1,276 Mil mean?
Covestro AG (MIL:11COV) has a Construction In Progress of €1,276 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Covestro AG and its competitors.
Is Covestro AG's Construction In Progress too high?
Covestro AG's current Construction In Progress is €1,276 Mil. Overall, Covestro AG has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Covestro AG's Construction In Progress compare to LIN and SHW?
Covestro AG's Construction In Progress of €1,276 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Construction In Progress depends on the Chemicals 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 Covestro AG and its competitors. Covestro AG's current Construction In Progress is €1,276 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covestro AG stock overvalued right now?
Covestro AG (MIL:11COV) has a current Construction In Progress of €1,276 Mil. The stock's GF Value™ is €47.37, compared to a current price of €56.20 — trading 18.6% above its estimated fair value. The current Construction In Progress is €1,276 Mil. Covestro AG's overall GF Score™ is 41/100 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 Covestro AG (MIL:11COV), the current Construction In Progress is €1,276 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 Covestro AG (MIL:11COV) Overvalued in 2026?

Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued. The current stock price of €56.20 is trading 18.6% above its estimated GF Value™ of €47.37.

Key valuation signals for MIL:11COV:

  • Construction In Progress: €1,276 Mil
  • GF Value™: €47.37 vs. price of €56.20 (18.6% above fair value)
  • GF Score™: 41/100 with 7 warning signs

No single metric tells the full story. See the MIL:11COV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Covestro AG Business Description

Other Exchanges COVTY:USA1COV:Germany
Address Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates products. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from the Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
41GF Score

Get the complete analysis for MIL:11COV

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

€56.20
Price
€47.37
GF Value