NICFF (Nichias) Construction In Progress: $28 Mil (As of Mar. 2026)


NICFF Nichias Corp NICFF
70 GF Score
Price $22.13
GF Value $9.69
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nichias Construction In Progress?

Nichias NICFF 70 Construction In Progress is $28 Mil as of Mar. 2026. GuruFocus rates NICFF with a GF Score™ of 70/100 and a GF Value™ of $9.69 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Nichias's quarterly construction in progress increased from Sep. 2025 ($35 Mil) to Dec. 2025 ($38 Mil) but then declined from Dec. 2025 ($38 Mil) to Mar. 2026 ($28 Mil).

Nichias's annual construction in progress declined from Mar. 2024 ($44 Mil) to Mar. 2025 ($23 Mil) but then increased from Mar. 2025 ($23 Mil) to Mar. 2026 ($28 Mil).

Nichias Construction In Progress Historical Data

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The historical data trend for Nichias'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.

Nichias Construction In Progress Chart

Nichias Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.02 29.99 44.13 22.99 27.94

Nichias Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 22.99 29.51 34.85 38.26 27.94
NICFF
70GF Score
Nichias Corp NICFF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichias 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 $28 Mil mean?
Nichias (NICFF) has a Construction In Progress of $28 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nichias and its competitors.
Is Nichias' Construction In Progress too high?
Nichias' current Construction In Progress is $28 Mil. Overall, Nichias has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nichias' Construction In Progress compare to HON and MMM?
Nichias' Construction In Progress of $28 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Construction In Progress depends on the Conglomerates 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 Nichias and its competitors. Nichias's current Construction In Progress is $28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichias stock overvalued right now?
Based on GuruFocus' analysis, Nichias (NICFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.69, compared to a current price of $22.13 — trading 128.3% above its estimated fair value. The current Construction In Progress is $28 Mil. Nichias' overall GF Score™ is 70/100 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 Nichias (NICFF), the current Construction In Progress is $28 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 Nichias (NICFF) Overvalued in 2026?

Based on GuruFocus' analysis, Nichias stock appears to be overvalued. The current stock price of $22.13 is trading 128.3% above its estimated GF Value™ of $9.69. GuruFocus considers Nichias to be Significantly Overvalued.

Key valuation signals for NICFF:

  • Construction In Progress: $28 Mil
  • GF Value™: $9.69 vs. price of $22.13 (128.3% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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

Nichias Business Description

Other Exchanges 5393:Japan
Address 6-1, Hatchobori 1-chome, Chuo-ku, Tokyo, JPN, 104-8555
Nichias Corp is engaged in the development, manufacturing, and sale of a wide range of thermal insulation and industrial materials. The company operates through five reportable segments: Construction and Sales for Plants, Industrial Products, High-Performance Products, Automotive Parts, and Construction Materials. Its business activities include providing thermal insulation and disaster prevention works for electric power and petrochemical plants, as well as producing sealing materials, fluoroplastic molding products, and non-combustible building materials for industrial and infrastructure applications. It generates the majority of its revenue from the Construction and Sales for Plants segment.
70GF Score

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

$22.13
Price
$9.69
GF Value