NRGIY (Neoenergia) Construction In Progress: $109 Mil (As of Mar. 2026)


NRGIY Neoenergia SA NRGIY
63 GF Score
Price $24.00
GF Value $18.30
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Neoenergia Construction In Progress?

Neoenergia NRGIY 63 Construction In Progress is $109 Mil as of Mar. 2026. GuruFocus rates NRGIY with a GF Score™ of 63/100 and a GF Value™ of $18.30 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Neoenergia's quarterly construction in progress declined from Sep. 2025 ($103 Mil) to Dec. 2025 ($101 Mil) but then increased from Dec. 2025 ($101 Mil) to Mar. 2026 ($109 Mil).

Neoenergia's annual construction in progress declined from Dec. 2023 ($133 Mil) to Dec. 2024 ($85 Mil) but then increased from Dec. 2024 ($85 Mil) to Dec. 2025 ($101 Mil).

Neoenergia Construction In Progress Historical Data

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The historical data trend for Neoenergia'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.

Neoenergia Construction In Progress Chart

Neoenergia 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 0.00 269.19 132.66 85.40 101.00

Neoenergia 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 94.82 97.91 103.11 101.00 109.00
NRGIY
63GF Score
Neoenergia SA NRGIY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Neoenergia 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 $109 Mil mean?
Neoenergia (NRGIY) has a Construction In Progress of $109 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Neoenergia and its competitors.
Is Neoenergia's Construction In Progress too high?
Neoenergia's current Construction In Progress is $109 Mil. Overall, Neoenergia has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neoenergia's Construction In Progress compare to NEE and SO?
Neoenergia's Construction In Progress of $109 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 Neoenergia and its competitors. Neoenergia's current Construction In Progress is $109 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neoenergia stock overvalued right now?
Based on GuruFocus' analysis, Neoenergia (NRGIY) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.30, compared to a current price of $24.00 — trading 31.1% above its estimated fair value. The current Construction In Progress is $109 Mil. Neoenergia's overall GF Score™ is 63/100 with 8 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 Neoenergia (NRGIY), the current Construction In Progress is $109 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 Neoenergia (NRGIY) Overvalued in 2026?

Based on GuruFocus' analysis, Neoenergia stock appears to be overvalued. The current stock price of $24.00 is trading 31.1% above its estimated GF Value™ of $18.30. GuruFocus considers Neoenergia to be Significantly Overvalued.

Key valuation signals for NRGIY:

  • Construction In Progress: $109 Mil
  • GF Value™: $18.30 vs. price of $24.00 (31.1% above fair value)
  • GF Score™: 63/100 with 8 warning signs

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

Neoenergia Business Description

Other Exchanges NEOE3:Brazil
Address Praia do Flamengo 78, 3rd floor, Flamengo, RJ, BRA
Neoenergia SA is principally dedicated to the activities of distribution, transmission, generation, and commercialization of electricity. The main activities of the operating segments are as follows: (i) Networks - comprising business lines related to concessions for electricity distribution and transmission services; (ii) Renewables - comprising activities related to concessions for electricity generation services from renewable natural sources, such as wind farms, solar farms and hydroelectric plants; (iii) Liberalized - comprising electricity generation activities from thermal power plants and energy trading activities; and (iv) Other - including corporate and operational support activities. The company generates the majority of its revenue from Networks segment.
63GF 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
$18.30
GF Value