Max's Group (PHS:MAXS) Construction In Progress: ₱307 Mil (As of Mar. 2026)


PHS:MAXS Max's Group Inc PHS:MAXS
76 GF Score
Price ₱2.11
GF Value ₱3.34
Valuation Possible Value Trap
! 4 Warning Signs
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What is Max's Group Construction In Progress?

Max's Group PHS:MAXS -2.31% 76 Construction In Progress is ₱307 Mil as of Mar. 2026. GuruFocus rates PHS:MAXS with a GF Score™ of 76/100 and a GF Value™ of ₱3.34 (Possible Value Trap). The stock has 4 warning signs investors should review.

Max's Group's quarterly construction in progress declined from Sep. 2025 (₱291 Mil) to Dec. 2025 (₱260 Mil) but then increased from Dec. 2025 (₱260 Mil) to Mar. 2026 (₱307 Mil).

Max's Group's annual construction in progress increased from Dec. 2023 (₱0 Mil) to Dec. 2024 (₱187 Mil) and increased from Dec. 2024 (₱187 Mil) to Dec. 2025 (₱260 Mil).

Max's Group Construction In Progress Historical Data

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The historical data trend for Max's Group'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.

Max's Group Construction In Progress Chart

Max's Group 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 40.54 59.07 0.00 186.91 260.47

Max's Group 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 246.57 267.27 291.12 260.47 307.02
PHS:MAXS
76GF Score
Max's Group Inc PHS:MAXS
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Max's Group 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 ₱307 Mil mean?
Max's Group (PHS:MAXS) has a Construction In Progress of ₱307 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Max's Group and its competitors.
Is Max's Group's Construction In Progress too high?
Max's Group's current Construction In Progress is ₱307 Mil. Overall, Max's Group has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Max's Group's Construction In Progress compare to MCD and SBUX?
Max's Group's Construction In Progress of ₱307 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Construction In Progress depends on the Restaurants 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 Max's Group and its competitors. Max's Group's current Construction In Progress is ₱307 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max's Group stock overvalued right now?
Based on GuruFocus' analysis, Max's Group (PHS:MAXS) is currently considered Possible Value Trap. The stock's GF Value™ is ₱3.34, compared to a current price of ₱2.11 — trading 36.8% below its estimated fair value. The current Construction In Progress is ₱307 Mil. Max's Group's overall GF Score™ is 76/100 with 4 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 Max's Group (PHS:MAXS), the current Construction In Progress is ₱307 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 Max's Group (PHS:MAXS) Overvalued in 2026?

Based on GuruFocus' analysis, Max's Group stock appears to be undervalued. The current stock price of ₱2.11 is trading 36.8% below its estimated GF Value™ of ₱3.34. GuruFocus considers Max's Group to be Possible Value Trap.

Key valuation signals for PHS:MAXS:

  • Construction In Progress: ₱307 Mil
  • GF Value™: ₱3.34 vs. price of ₱2.11 (36.8% below fair value)
  • GF Score™: 76/100 with 4 warning signs

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

Max's Group Business Description

Address 2212 Chino Roces Avenue, 3rd Floor, KDC Plaza, Metro Manila, Makati, PHL, 1230
Max's Group Inc is engaged in the business of establishing, operating and maintaining restaurants, coffee shops, refreshments parlors, cocktail lounges and catering food. The company operates under the under the name and styles of Max's Restaurant, Pancake House, Maple, Dencio's, Singkit, Yellow Cab, Teriyaki Boy, Sizzlin' Steak, Max's Corner Bakery, Max's Group Kitchen, Max's All About Chicken, and All About Chicken. It offers a diverse cuisine covering American, Filipino, Japanese, Chinese, and French. The company has three business segments, namely: Food service, Commissary and Support services. It derives maximum revenue from the food services segment, which is involved in the operation and preparation of food products to be sold to company-owned and franchised stores.
76GF Score

Get the complete analysis for PHS:MAXS

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

₱2.11
Price
₱3.34
GF Value