Dangote Cement (NSA:DCP) Construction In Progress: ₦686,861 Mil (As of Mar. 2026)


NSA:DCP Dangote Cement PLC NSA:DCP
100 GF Score
Price ₦963.00
GF Value ₦807.00
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Dangote Cement Construction In Progress?

Dangote Cement NSA:DCP 100 Construction In Progress is ₦686,861 Mil as of Mar. 2026. GuruFocus rates NSA:DCP with a GF Score™ of 100/100 and a GF Value™ of ₦807.00 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Dangote Cement's quarterly construction in progress increased from Sep. 2025 (₦852,222 Mil) to Dec. 2025 (₦961,719 Mil) but then declined from Dec. 2025 (₦961,719 Mil) to Mar. 2026 (₦686,861 Mil).

Dangote Cement's annual construction in progress increased from Dec. 2023 (₦259,318 Mil) to Dec. 2024 (₦487,030 Mil) and increased from Dec. 2024 (₦487,030 Mil) to Dec. 2025 (₦961,719 Mil).

Dangote Cement Construction In Progress Historical Data

* Premium members only.

The historical data trend for Dangote Cement'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.

Dangote Cement Construction In Progress Chart

Dangote Cement 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 378,939.00 198,327.00 259,318.00 487,030.00 961,719.00

Dangote Cement 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 551,565.00 684,450.00 852,222.00 961,719.00 686,861.00
NSA:DCP
100GF Score
Dangote Cement PLC NSA:DCP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dangote Cement 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 ₦686,861 Mil mean?
Dangote Cement (NSA:DCP) has a Construction In Progress of ₦686,861 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Dangote Cement and its competitors.
Is Dangote Cement's Construction In Progress too high?
Dangote Cement's current Construction In Progress is ₦686,861 Mil. Overall, Dangote Cement has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Cement's Construction In Progress compare to CRH and VMC?
Dangote Cement's Construction In Progress of ₦686,861 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Construction In Progress depends on the Building Materials 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 Dangote Cement and its competitors. Dangote Cement's current Construction In Progress is ₦686,861 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Cement stock overvalued right now?
Based on GuruFocus' analysis, Dangote Cement (NSA:DCP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦807.00, compared to a current price of ₦963.00 — trading 19.3% above its estimated fair value. The current Construction In Progress is ₦686,861 Mil. Dangote Cement's overall GF Score™ is 100/100 with 1 warning sign 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 Dangote Cement (NSA:DCP), the current Construction In Progress is ₦686,861 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 Dangote Cement (NSA:DCP) Overvalued in 2026?

Based on GuruFocus' analysis, Dangote Cement stock appears to be overvalued. The current stock price of ₦963.00 is trading 19.3% above its estimated GF Value™ of ₦807.00. GuruFocus considers Dangote Cement to be Modestly Overvalued.

Key valuation signals for NSA:DCP:

  • Construction In Progress: ₦686,861 Mil
  • GF Value™: ₦807.00 vs. price of ₦963.00 (19.3% above fair value)
  • GF Score™: 100/100 with 1 warning sign

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

Dangote Cement Business Description

Address 1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA
Dangote Cement PLC is a cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. The principal activity of the Company and its subsidiaries is to operate plants for the preparation, manufacture and distribution of cement and related products. The Company's production activities are undertaken at Obajana town in Kogi State, Gboko in Benue State and Ibese in Ogun State; all in Nigeria. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.
100GF Score

Get the complete analysis for NSA:DCP

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

₦963.00
Price
₦807.00
GF Value