SOL SpA (MIL:SOL) Construction In Progress: €134 Mil (As of Dec. 2025)


MIL:SOL SOL SpA MIL:SOL
78 GF Score
Price €57.50
GF Value €42.40
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SOL SpA Construction In Progress?

SOL SpA MIL:SOL -2.21% 78 Construction In Progress is €134 Mil as of Dec. 2025. GuruFocus rates MIL:SOL with a GF Score™ of 78/100 and a GF Value™ of €42.40 (Significantly Overvalued). The stock has 5 warning signs investors should review.

SOL SpA's quarterly construction in progress increased from Dec. 2024 (€110 Mil) to Jun. 2025 (€131 Mil) and increased from Jun. 2025 (€131 Mil) to Dec. 2025 (€134 Mil).

SOL SpA's annual construction in progress increased from Dec. 2023 (€54 Mil) to Dec. 2024 (€110 Mil) and increased from Dec. 2024 (€110 Mil) to Dec. 2025 (€134 Mil).

SOL SpA Construction In Progress Historical Data

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The historical data trend for SOL 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.

SOL SpA Construction In Progress Chart

SOL 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 32.13 26.27 53.62 109.62 134.03

SOL 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 53.62 81.07 109.62 131.39 134.03
MIL:SOL
78GF Score
SOL SpA MIL:SOL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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SOL 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 €134 Mil mean?
SOL SpA (MIL:SOL) has a Construction In Progress of €134 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on SOL SpA and its competitors.
Is SOL SpA's Construction In Progress too high?
SOL SpA's current Construction In Progress is €134 Mil. Overall, SOL SpA has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SOL SpA's Construction In Progress compare to LIN and SHW?
SOL SpA's Construction In Progress of €134 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 SOL SpA and its competitors. SOL SpA's current Construction In Progress is €134 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOL SpA stock overvalued right now?
Based on GuruFocus' analysis, SOL SpA (MIL:SOL) is currently considered Significantly Overvalued. The stock's GF Value™ is €42.40, compared to a current price of €57.50 — trading 35.6% above its estimated fair value. The current Construction In Progress is €134 Mil. SOL SpA's overall GF Score™ is 78/100 with 5 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 SOL SpA (MIL:SOL), the current Construction In Progress is €134 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 SOL SpA (MIL:SOL) Overvalued in 2026?

Based on GuruFocus' analysis, SOL SpA stock appears to be overvalued. The current stock price of €57.50 is trading 35.6% above its estimated GF Value™ of €42.40. GuruFocus considers SOL SpA to be Significantly Overvalued.

Key valuation signals for MIL:SOL:

  • Construction In Progress: €134 Mil
  • GF Value™: €42.40 vs. price of €57.50 (35.6% above fair value)
  • GF Score™: 78/100 with 5 warning signs

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

SOL SpA Business Description

Other Exchanges SOLm:UK0NJP:UKQOL:Germany
Address Via Borgazzi, 27, Monza, ITA, 20900
SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.
78GF Score

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

€57.50
Price
€42.40
GF Value