NPTLF (Northam Platinum Holdings) Construction In Progress: $378 Mil (As of Dec. 2025)


NPTLF Northam Platinum Holdings Ltd NPTLF
74 GF Score
Price $24.00
GF Value $13.18
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Northam Platinum Holdings Construction In Progress?

Northam Platinum Holdings NPTLF 74 Construction In Progress is $378 Mil as of Dec. 2025. GuruFocus rates NPTLF with a GF Score™ of 74/100 and a GF Value™ of $13.18 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Northam Platinum Holdings's quarterly construction in progress increased from Dec. 2024 ($440 Mil) to Jun. 2025 ($470 Mil) but then declined from Jun. 2025 ($470 Mil) to Dec. 2025 ($378 Mil).

Northam Platinum Holdings's annual construction in progress declined from Jun. 2023 ($445 Mil) to Jun. 2024 ($381 Mil) but then increased from Jun. 2024 ($381 Mil) to Jun. 2025 ($470 Mil).

Northam Platinum Holdings Construction In Progress Historical Data

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The historical data trend for Northam Platinum Holdings'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.

Northam Platinum Holdings Construction In Progress Chart

Northam Platinum Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Construction In Progress
Get a 7-Day Free Trial 227.74 310.46 444.64 380.72 470.01

Northam Platinum Holdings Semi-Annual Data
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 365.88 380.72 440.02 470.01 378.19
NPTLF
74GF Score
Northam Platinum Holdings Ltd NPTLF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Northam Platinum Holdings 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 $378 Mil mean?
Northam Platinum Holdings (NPTLF) has a Construction In Progress of $378 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Northam Platinum Holdings and its competitors.
Is Northam Platinum Holdings' Construction In Progress too high?
Northam Platinum Holdings' current Construction In Progress is $378 Mil. Overall, Northam Platinum Holdings has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northam Platinum Holdings' Construction In Progress compare to HL and SIND?
Northam Platinum Holdings' Construction In Progress of $378 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 Northam Platinum Holdings and its competitors. Northam Platinum Holdings's current Construction In Progress is $378 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northam Platinum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Northam Platinum Holdings (NPTLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.18, compared to a current price of $24.00 — trading 82.1% above its estimated fair value. The current Construction In Progress is $378 Mil. Northam Platinum Holdings' overall GF Score™ is 74/100 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 Northam Platinum Holdings (NPTLF), the current Construction In Progress is $378 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 Northam Platinum Holdings (NPTLF) Overvalued in 2026?

Based on GuruFocus' analysis, Northam Platinum Holdings stock appears to be overvalued. The current stock price of $24.00 is trading 82.1% above its estimated GF Value™ of $13.18. GuruFocus considers Northam Platinum Holdings to be Significantly Overvalued.

Key valuation signals for NPTLF:

  • Construction In Progress: $378 Mil
  • GF Value™: $13.18 vs. price of $24.00 (82.1% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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

Northam Platinum Holdings Business Description

Other Exchanges NPH:South Africa7JR:Germany
Address Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Jukskei View, Midrand, Waterfall City, GT, ZAF, 2090
Northam Platinum Holdings Ltd is an integrated producer of platinum group metals. Its primary joint products are the platinum, palladium, rhodium and gold (4E). The primary consumers of these metals are the motor manufacturing industry, the jewelry industry, and other industrial sectors. Its segments include Northam Holdings, Zondereinde mine (being Northam Platinum), Booysendal mine, Eland mine and the U.S recycling operations. The maximum revenue for the company is generated from its Zondereinde mine segment.
74GF Score

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

$24.00
Price
$13.18
GF Value