Gas Plus SpA (MIL:GSP) Construction In Progress: €39.4 Mil (As of Dec. 2025)


MIL:GSP Gas Plus SpA MIL:GSP
67 GF Score
Price €5.52
GF Value €3.23
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gas Plus SpA Construction In Progress?

Gas Plus SpA MIL:GSP -0.18% 67 Construction In Progress is €39.4 Mil as of Dec. 2025. GuruFocus rates MIL:GSP with a GF Score™ of 67/100 and a GF Value™ of €3.23 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Gas Plus SpA's quarterly construction in progress declined from Dec. 2024 (€77.1 Mil) to Jun. 2025 (€31.3 Mil) but then increased from Jun. 2025 (€31.3 Mil) to Dec. 2025 (€39.4 Mil).

Gas Plus SpA's annual construction in progress increased from Dec. 2023 (€66.6 Mil) to Dec. 2024 (€77.1 Mil) but then declined from Dec. 2024 (€77.1 Mil) to Dec. 2025 (€39.4 Mil).

Gas Plus SpA Construction In Progress Historical Data

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The historical data trend for Gas Plus SpA'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.

Gas Plus SpA Construction In Progress Chart

Gas Plus SpA 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 70.79 52.46 66.63 77.06 39.41

Gas Plus SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 66.63 71.44 77.06 31.31 39.41
MIL:GSP
67GF Score
Gas Plus SpA MIL:GSP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Gas Plus SpA 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 €39.4 Mil mean?
Gas Plus SpA (MIL:GSP) has a Construction In Progress of €39.4 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Gas Plus SpA and its competitors.
Is Gas Plus SpA's Construction In Progress too high?
Gas Plus SpA's current Construction In Progress is €39.4 Mil. Overall, Gas Plus SpA has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gas Plus SpA's Construction In Progress compare to COP and EOG?
Gas Plus SpA's Construction In Progress of €39.4 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 Gas Plus SpA and its competitors. Gas Plus SpA's current Construction In Progress is €39.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gas Plus SpA stock overvalued right now?
Based on GuruFocus' analysis, Gas Plus SpA (MIL:GSP) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.23, compared to a current price of €5.52 — trading 70.9% above its estimated fair value. The current Construction In Progress is €39.4 Mil. Gas Plus SpA's overall GF Score™ is 67/100 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 Gas Plus SpA (MIL:GSP), the current Construction In Progress is €39.4 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 Gas Plus SpA (MIL:GSP) Overvalued in 2026?

Based on GuruFocus' analysis, Gas Plus SpA stock appears to be overvalued. The current stock price of €5.52 is trading 70.9% above its estimated GF Value™ of €3.23. GuruFocus considers Gas Plus SpA to be Significantly Overvalued.

Key valuation signals for MIL:GSP:

  • Construction In Progress: €39.4 Mil
  • GF Value™: €3.23 vs. price of €5.52 (70.9% above fair value)
  • GF Score™: 67/100 with 2 warning signs

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

Gas Plus SpA Business Description

Industry EnergyOil & Gas
Other Exchanges 0EMK:UKT9O:Germany
Address Viale Enrico Forlanini, 17, Milan, ITA, 20134
Gas Plus SpA through its subsidiaries is engaged in the exploration and production of natural gas in Italy. The company is also involved in the production, purchase, distribution, and sale of natural gas. The company holds approximately 47 cultivation concessions distributed throughout Italy and manages a total of about 1,600 kilometers of regional distribution and transportation network located around 39 municipalities.
67GF Score

Get the complete analysis for MIL:GSP

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

€5.52
Price
€3.23
GF Value