NLLSY (NEL ASA) Construction In Progress: $0.00 Mil (As of Mar. 2026)


NLLSY NEL ASA NLLSY
79 GF Score
Price $7.76
GF Value $8.22
Valuation Fairly Valued
! 5 Warning Signs
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What is NEL ASA Construction In Progress?

NEL ASA NLLSY 79 Construction In Progress is $0.00 Mil as of Mar. 2026. GuruFocus rates NLLSY with a GF Score™ of 79/100 and a GF Value™ of $8.22 (Fairly Valued). The stock has 5 warning signs investors should review.

NEL ASA's quarterly construction in progress increased from Sep. 2025 ($0.00 Mil) to Dec. 2025 ($22.77 Mil) but then declined from Dec. 2025 ($22.77 Mil) to Mar. 2026 ($0.00 Mil).

NEL ASA's annual construction in progress declined from Dec. 2023 ($52.34 Mil) to Dec. 2024 ($29.96 Mil) and declined from Dec. 2024 ($29.96 Mil) to Dec. 2025 ($22.77 Mil).

NEL ASA Construction In Progress Historical Data

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The historical data trend for NEL ASA'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.

NEL ASA Construction In Progress Chart

NEL ASA 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 38.85 8.26 52.34 29.96 22.77

NEL ASA 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 22.77 0.00
NLLSY
79GF Score
NEL ASA NLLSY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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NEL ASA 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 $0.00 Mil mean?
NEL ASA (NLLSY) has a Construction In Progress of $0.00 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on NEL ASA and its competitors.
Is NEL ASA's Construction In Progress too high?
NEL ASA's current Construction In Progress is $0.00 Mil. Overall, NEL ASA has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's Construction In Progress compare to GEV and ETN?
NEL ASA's Construction In Progress of $0.00 Mil can be compared against companies in the Industrial 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 an Industrial Products company?
A good Construction In Progress depends on the Industrial 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 NEL ASA and its competitors. NEL ASA's current Construction In Progress is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEL ASA stock overvalued right now?
Based on GuruFocus' analysis, NEL ASA (NLLSY) is currently considered Fairly Valued. The stock's GF Value™ is $8.22, compared to a current price of $7.76 — trading 5.6% below its estimated fair value. The current Construction In Progress is $0.00 Mil. NEL ASA's overall GF Score™ is 79/100 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 NEL ASA (NLLSY), the current Construction In Progress is $0.00 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 NEL ASA (NLLSY) Overvalued in 2026?

Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued. The current stock price of $7.76 is trading 5.6% below its estimated GF Value™ of $8.22. GuruFocus considers NEL ASA to be Fairly Valued.

Key valuation signals for NLLSY:

  • Construction In Progress: $0.00 Mil
  • GF Value™: $8.22 vs. price of $7.76 (5.6% below fair value)
  • GF Score™: 79/100 with 5 warning signs

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

NEL ASA Business Description

Address Karenslyst alle 49, Oslo, NOR, N-0279
NEL ASA is a hydrogen company delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser. Nel Alkaline Electrolyser is a supplier of hydrogen production equipment based on alkaline water electrolysis technology.
79GF Score

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

$7.76
Price
$8.22
GF Value