NCKAF (Nickel Asia) Construction In Progress: $0.0 Mil (As of Mar. 2026)


NCKAF Nickel Asia Corp NCKAF
90 GF Score
Price $0.10
GF Value $0.06
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nickel Asia Construction In Progress?

Nickel Asia NCKAF 90 Construction In Progress is $0.0 Mil as of Mar. 2026. GuruFocus rates NCKAF with a GF Score™ of 90/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Nickel Asia's quarterly construction in progress increased from Sep. 2025 ($0.0 Mil) to Dec. 2025 ($219.3 Mil) but then declined from Dec. 2025 ($219.3 Mil) to Mar. 2026 ($0.0 Mil).

Nickel Asia's annual construction in progress increased from Dec. 2023 ($66.1 Mil) to Dec. 2024 ($168.3 Mil) and increased from Dec. 2024 ($168.3 Mil) to Dec. 2025 ($219.3 Mil).

Nickel Asia Construction In Progress Historical Data

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The historical data trend for Nickel Asia'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.

Nickel Asia Construction In Progress Chart

Nickel Asia 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 98.93 39.48 66.11 168.30 219.25

Nickel Asia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.00 0.00 0.00 219.25 0.00
NCKAF
90GF Score
Nickel Asia Corp NCKAF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Asia 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 $0.0 Mil mean?
Nickel Asia (NCKAF) has a Construction In Progress of $0.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nickel Asia and its competitors.
Is Nickel Asia's Construction In Progress too high?
Nickel Asia's current Construction In Progress is $0.0 Mil. Overall, Nickel Asia has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Construction In Progress compare to competitors?
Nickel Asia's Construction In Progress of $0.0 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining 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 Nickel Asia and its competitors. Nickel Asia's current Construction In Progress is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (NCKAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.10 — trading 66.7% above its estimated fair value. The current Construction In Progress is $0.0 Mil. Nickel Asia's overall GF Score™ is 90/100 with 3 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 Nickel Asia (NCKAF), the current Construction In Progress is $0.0 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 Nickel Asia (NCKAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Asia stock appears to be overvalued. The current stock price of $0.10 is trading 66.7% above its estimated GF Value™ of $0.06. GuruFocus considers Nickel Asia to be Significantly Overvalued.

Key valuation signals for NCKAF:

  • Construction In Progress: $0.0 Mil
  • GF Value™: $0.06 vs. price of $0.10 (66.7% above fair value)
  • GF Score™: 90/100 with 3 warning signs

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

Nickel Asia Business Description

Other Exchanges NIKL:Philippines
Address 32nd Street, Bonifacio Global City, 28th Floor, NAC Tower, Taguig, PHL, 1634
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
90GF Score

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

$0.10
Price
$0.06
GF Value