Next (NXGPF) Construction In Progress: $1 Mil (As of Jan. 2026)


NXGPF Next PLC NXGPF
85 GF Score
Price $197.60
GF Value $173.87
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Next Construction In Progress?

Next NXGPF 85 Construction In Progress is $1 Mil as of Jan. 2026. GuruFocus rates NXGPF with a GF Score™ of 85/100 and a GF Value™ of $173.87 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Next's quarterly construction in progress declined from Jan. 2025 ($0 Mil) to Jul. 2025 ($0 Mil) but then increased from Jul. 2025 ($0 Mil) to Jan. 2026 ($1 Mil).

Next's annual construction in progress increased from Jan. 2024 ($0 Mil) to Jan. 2025 ($0 Mil) and increased from Jan. 2025 ($0 Mil) to Jan. 2026 ($1 Mil).

Next Construction In Progress Historical Data

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The historical data trend for Next'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.

Next Construction In Progress Chart

Next Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.04 17.75 0.38 0.49 0.68

Next Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 0.38 0.00 0.49 0.00 0.68
NXGPF
85GF Score
Next PLC NXGPF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Next 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 $1 Mil mean?
Next (NXGPF) has a Construction In Progress of $1 Mil as of Jan. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Next and its competitors.
Is Next's Construction In Progress too high?
Next's current Construction In Progress is $1 Mil. Overall, Next has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next's Construction In Progress compare to TJX and ROST?
Next's Construction In Progress of $1 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Construction In Progress depends on the Retail - Cyclical 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 Next and its competitors. Next's current Construction In Progress is $1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (NXGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $173.87, compared to a current price of $197.60 — trading 13.6% above its estimated fair value. The current Construction In Progress is $1 Mil. Next's overall GF Score™ is 85/100 with 2 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 Next (NXGPF), the current Construction In Progress is $1 Mil as of Jan. 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 Next (NXGPF) Overvalued in 2026?

Based on GuruFocus' analysis, Next stock appears to be overvalued. The current stock price of $197.60 is trading 13.6% above its estimated GF Value™ of $173.87. GuruFocus considers Next to be Modestly Overvalued.

Key valuation signals for NXGPF:

  • Construction In Progress: $1 Mil
  • GF Value™: $173.87 vs. price of $197.60 (13.6% above fair value)
  • GF Score™: 85/100 with 2 warning signs

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

Next Business Description

Address Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
85GF Score

Get the complete analysis for NXGPF

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

$197.60
Price
$173.87
GF Value