British American Tobacco Kenya (NAI:BAT) Construction In Progress: KES312 Mil (As of Dec. 2025)

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NAI:BAT British American Tobacco Kenya PLC NAI:BAT
69 GF Score
Price KES579.00
GF Value KES355.31
Valuation Significantly Overvalued
! 6 Warning Signs
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What is British American Tobacco Kenya Construction In Progress?

British American Tobacco Kenya NAI:BAT -0.17% 69 Construction In Progress is KES312 Mil as of Dec. 2025. GuruFocus rates NAI:BAT with a GF Score™ of 69/100 and a GF Value™ of KES355.31 (Significantly Overvalued). The stock has 6 warning signs investors should review.

British American Tobacco Kenya's quarterly construction in progress declined from Dec. 2024 (KES293 Mil) to Jun. 2025 (KES0 Mil) but then increased from Jun. 2025 (KES0 Mil) to Dec. 2025 (KES312 Mil).

British American Tobacco Kenya's annual construction in progress declined from Dec. 2023 (KES1,921 Mil) to Dec. 2024 (KES293 Mil) but then increased from Dec. 2024 (KES293 Mil) to Dec. 2025 (KES312 Mil).

British American Tobacco Kenya Construction In Progress Historical Data

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The historical data trend for British American Tobacco Kenya'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.

British American Tobacco Kenya Construction In Progress Chart

British American Tobacco Kenya Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 2,019.86 2,204.19 1,920.79 293.45 312.29

British American Tobacco Kenya Semi-Annual Data
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 1,920.79 0.00 293.45 0.00 312.29
NAI:BAT
69GF Score
British American Tobacco Kenya PLC NAI:BAT
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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British American Tobacco Kenya 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 KES312 Mil mean?
British American Tobacco Kenya (NAI:BAT) has a Construction In Progress of KES312 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on British American Tobacco Kenya and its competitors.
Is British American Tobacco Kenya's Construction In Progress too high?
British American Tobacco Kenya's current Construction In Progress is KES312 Mil. Overall, British American Tobacco Kenya has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does British American Tobacco Kenya's Construction In Progress compare to PM and MO?
British American Tobacco Kenya's Construction In Progress of KES312 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Construction In Progress depends on the Tobacco Products 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 British American Tobacco Kenya and its competitors. British American Tobacco Kenya's current Construction In Progress is KES312 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British American Tobacco Kenya stock overvalued right now?
Based on GuruFocus' analysis, British American Tobacco Kenya (NAI:BAT) is currently considered Significantly Overvalued. The stock's GF Value™ is KES355.31, compared to a current price of KES579.00 — trading 63% above its estimated fair value. The current Construction In Progress is KES312 Mil. British American Tobacco Kenya's overall GF Score™ is 69/100 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 British American Tobacco Kenya (NAI:BAT), the current Construction In Progress is KES312 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 British American Tobacco Kenya (NAI:BAT) Overvalued in 2026?

Based on GuruFocus' analysis, British American Tobacco Kenya stock appears to be overvalued. The current stock price of KES579.00 is trading 63% above its estimated GF Value™ of KES355.31. GuruFocus considers British American Tobacco Kenya to be Significantly Overvalued.

Key valuation signals for NAI:BAT:

  • Construction In Progress: KES312 Mil
  • GF Value™: KES355.31 vs. price of KES579.00 (63% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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

British American Tobacco Kenya Business Description

Address 08 Likoni Road, P. O. Box 30000, Industrial Area, Nairobi, KEN, 00100
British American Tobacco Kenya PLC multi-category consumer goods business that operates internationally. The business activities of the company involves activities ranging from the growing of tobacco leaf to the distribution and sale of finished tobacco products and nicotine products without tobacco. The product portfolio of the company comprises a range of high-quality and creative products, including cigarettes (combustible products), cut-rug tobacco (unprocessed tobacco), and potentially reduced-risk category of tobacco-free oral nicotine products.
69GF Score

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

KES579.00
Price
KES355.31
GF Value