Reach Subsea ASA (OSL:REACH) Construction In Progress: kr210 Mil (As of Mar. 2026)


OSL:REACH Reach Subsea ASA OSL:REACH
81 GF Score
Price kr5.00
GF Value kr6.36
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Reach Subsea ASA Construction In Progress?

Reach Subsea ASA OSL:REACH -1.19% 81 Construction In Progress is kr210 Mil as of Mar. 2026. GuruFocus rates OSL:REACH with a GF Score™ of 81/100 and a GF Value™ of kr6.36 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Reach Subsea ASA's quarterly construction in progress increased from Sep. 2025 (kr159 Mil) to Dec. 2025 (kr163 Mil) and increased from Dec. 2025 (kr163 Mil) to Mar. 2026 (kr210 Mil).

Reach Subsea ASA's annual construction in progress increased from Dec. 2023 (kr267 Mil) to Dec. 2024 (kr369 Mil) but then declined from Dec. 2024 (kr369 Mil) to Dec. 2025 (kr163 Mil).

Reach Subsea ASA Construction In Progress Historical Data

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The historical data trend for Reach Subsea ASA'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.

Reach Subsea ASA Construction In Progress Chart

Reach Subsea ASA 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 0.00 150.50 266.66 369.48 163.31

Reach Subsea ASA 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 257.31 290.92 159.47 163.31 210.05
OSL:REACH
81GF Score
Reach Subsea ASA OSL:REACH
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Reach Subsea ASA 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 kr210 Mil mean?
Reach Subsea ASA (OSL:REACH) has a Construction In Progress of kr210 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Reach Subsea ASA and its competitors.
Is Reach Subsea ASA's Construction In Progress too high?
Reach Subsea ASA's current Construction In Progress is kr210 Mil. Overall, Reach Subsea ASA has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reach Subsea ASA's Construction In Progress compare to SLB and BKR?
Reach Subsea ASA's Construction In Progress of kr210 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 Reach Subsea ASA and its competitors. Reach Subsea ASA's current Construction In Progress is kr210 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reach Subsea ASA stock overvalued right now?
Based on GuruFocus' analysis, Reach Subsea ASA (OSL:REACH) is currently considered Modestly Undervalued. The stock's GF Value™ is kr6.36, compared to a current price of kr5.00 — trading 21.4% below its estimated fair value. The current Construction In Progress is kr210 Mil. Reach Subsea ASA's overall GF Score™ is 81/100 with 7 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 Reach Subsea ASA (OSL:REACH), the current Construction In Progress is kr210 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 Reach Subsea ASA (OSL:REACH) Overvalued in 2026?

Based on GuruFocus' analysis, Reach Subsea ASA stock appears to be undervalued. The current stock price of kr5.00 is trading 21.4% below its estimated GF Value™ of kr6.36. GuruFocus considers Reach Subsea ASA to be Modestly Undervalued.

Key valuation signals for OSL:REACH:

  • Construction In Progress: kr210 Mil
  • GF Value™: kr6.36 vs. price of kr5.00 (21.4% below fair value)
  • GF Score™: 81/100 with 7 warning signs

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

Reach Subsea ASA Business Description

Industry EnergyOil & Gas
Address Mollervegen 6, Haugesund, NOR, 5525
Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment. Geographically, the company has operated multiple regions, including Brazil, the U.S Gulf, the Caribbean, the Atlantic, the Mediterranean, West Africa including Ivory Coast, the Baltic, the Middle East, and the Asia-Pacific region, covering Singapore, Taiwan, Japan, Australia and Oceania.
81GF Score

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

kr5.00
Price
kr6.36
GF Value