OBYCF (Obayashi) Construction In Progress: $117 Mil (As of Mar. 2026)


OBYCF Obayashi Corp OBYCF
71 GF Score
Price $18.17
GF Value $12.67
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Obayashi Construction In Progress?

Obayashi OBYCF 71 Construction In Progress is $117 Mil as of Mar. 2026. GuruFocus rates OBYCF with a GF Score™ of 71/100 and a GF Value™ of $12.67 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Obayashi's quarterly construction in progress increased from Sep. 2025 ($137 Mil) to Dec. 2025 ($152 Mil) but then declined from Dec. 2025 ($152 Mil) to Mar. 2026 ($117 Mil).

Obayashi's annual construction in progress declined from Mar. 2024 ($308 Mil) to Mar. 2025 ($118 Mil) and declined from Mar. 2025 ($118 Mil) to Mar. 2026 ($117 Mil).

Obayashi Construction In Progress Historical Data

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The historical data trend for Obayashi'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.

Obayashi Construction In Progress Chart

Obayashi Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 458.29 429.96 308.45 118.15 116.94

Obayashi 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 118.15 131.01 137.20 152.46 116.94
OBYCF
71GF Score
Obayashi Corp OBYCF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Obayashi 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 $117 Mil mean?
Obayashi (OBYCF) has a Construction In Progress of $117 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Obayashi and its competitors.
Is Obayashi's Construction In Progress too high?
Obayashi's current Construction In Progress is $117 Mil. Overall, Obayashi has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Obayashi's Construction In Progress compare to PWR and FIX?
Obayashi's Construction In Progress of $117 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 Obayashi and its competitors. Obayashi's current Construction In Progress is $117 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Obayashi stock overvalued right now?
Based on GuruFocus' analysis, Obayashi (OBYCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.67, compared to a current price of $18.17 — trading 43.4% above its estimated fair value. The current Construction In Progress is $117 Mil. Obayashi's overall GF Score™ is 71/100 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 Obayashi (OBYCF), the current Construction In Progress is $117 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 Obayashi (OBYCF) Overvalued in 2026?

Based on GuruFocus' analysis, Obayashi stock appears to be overvalued. The current stock price of $18.17 is trading 43.4% above its estimated GF Value™ of $12.67. GuruFocus considers Obayashi to be Significantly Overvalued.

Key valuation signals for OBYCF:

  • Construction In Progress: $117 Mil
  • GF Value™: $12.67 vs. price of $18.17 (43.4% above fair value)
  • GF Score™: 71/100 with 2 warning signs

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

Obayashi Business Description

Other Exchanges 1802:JapanOBA:Germany
Address 2-15-2 Konan, Minato-Ku, Tokyo, JPN, 108-8502
Obayashi Corp is a Japan-based company mainly engaged in construction and real estate business. The company operates through five segments. The Domestic Architecture segment undertakes construction work in Japan, while the Domestic Civil Engineering segment handles civil engineering projects within the country. The Overseas Architecture and Overseas Civil Engineering segments are involved in construction and civil engineering projects abroad. The Real Estate segment focuses on development activities, including real estate sales, leasing, and residential land development. The Others segment is engaged in PFI projects, renewable energy, rug business, and financial services. It generates the majority of its revenue from the Domestic Architecture segment.
71GF Score

Get the complete analysis for OBYCF

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

$18.17
Price
$12.67
GF Value