Italgas SpA (MIL:IG) Construction In Progress: €0 Mil (As of Mar. 2026)


MIL:IG Italgas SpA MIL:IG
76 GF Score
Price €10.33
GF Value €8.19
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Italgas SpA Construction In Progress?

Italgas SpA MIL:IG -0.05% 76 Construction In Progress is €0 Mil as of Mar. 2026. GuruFocus rates MIL:IG with a GF Score™ of 76/100 and a GF Value™ of €8.19 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Italgas SpA's quarterly construction in progress increased from Sep. 2025 (€0 Mil) to Dec. 2025 (€48 Mil) but then declined from Dec. 2025 (€48 Mil) to Mar. 2026 (€0 Mil).

Italgas SpA's annual construction in progress increased from Dec. 2023 (€12 Mil) to Dec. 2024 (€23 Mil) and increased from Dec. 2024 (€23 Mil) to Dec. 2025 (€48 Mil).

Italgas SpA Construction In Progress Historical Data

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The historical data trend for Italgas 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.

Italgas SpA Construction In Progress Chart

Italgas 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 7.48 8.98 12.33 23.26 48.09

Italgas SpA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 26.70 34.69 0.00 48.09 0.00
MIL:IG
76GF Score
Italgas SpA MIL:IG
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Italgas 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 €0 Mil mean?
Italgas SpA (MIL:IG) has a Construction In Progress of €0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Italgas SpA and its competitors.
Is Italgas SpA's Construction In Progress too high?
Italgas SpA's current Construction In Progress is €0 Mil. Overall, Italgas SpA has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Italgas SpA's Construction In Progress compare to ATO and NI?
Italgas SpA's Construction In Progress of €0 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 Italgas SpA and its competitors. Italgas SpA's current Construction In Progress is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italgas SpA stock overvalued right now?
Based on GuruFocus' analysis, Italgas SpA (MIL:IG) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.19, compared to a current price of €10.33 — trading 26.1% above its estimated fair value. The current Construction In Progress is €0 Mil. Italgas SpA's overall GF Score™ is 76/100 with 9 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 Italgas SpA (MIL:IG), the current Construction In Progress is €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 Italgas SpA (MIL:IG) Overvalued in 2026?

Based on GuruFocus' analysis, Italgas SpA stock appears to be overvalued. The current stock price of €10.33 is trading 26.1% above its estimated GF Value™ of €8.19. GuruFocus considers Italgas SpA to be Modestly Overvalued.

Key valuation signals for MIL:IG:

  • Construction In Progress: €0 Mil
  • GF Value™: €8.19 vs. price of €10.33 (26.1% above fair value)
  • GF Score™: 76/100 with 9 warning signs

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

Italgas SpA Business Description

Address Via Carlo Bo 11, Milano, ITA, 20143
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.
76GF Score

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

€10.33
Price
€8.19
GF Value