Phinma (PHS:PHN) Construction In Progress: ₱4,857 Mil (As of Mar. 2026)


PHS:PHN Phinma Corp PHS:PHN
73 GF Score
Price ₱14.00
GF Value ₱16.58
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Phinma Construction In Progress?

Phinma PHS:PHN 73 Construction In Progress is ₱4,857 Mil as of Mar. 2026. GuruFocus rates PHS:PHN with a GF Score™ of 73/100 and a GF Value™ of ₱16.58 (Modestly Undervalued). The stock has 11 warning signs investors should review.

Phinma's quarterly construction in progress declined from Sep. 2025 (₱4,032 Mil) to Dec. 2025 (₱3,922 Mil) but then increased from Dec. 2025 (₱3,922 Mil) to Mar. 2026 (₱4,857 Mil).

Phinma's annual construction in progress increased from Dec. 2023 (₱1,009 Mil) to Dec. 2024 (₱2,009 Mil) and increased from Dec. 2024 (₱2,009 Mil) to Dec. 2025 (₱3,922 Mil).

Phinma Construction In Progress Historical Data

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The historical data trend for Phinma'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.

Phinma Construction In Progress Chart

Phinma 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 779.71 1,406.15 1,009.50 2,008.89 3,922.42

Phinma 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 2,405.34 3,190.38 4,031.65 3,922.42 4,857.23
PHS:PHN
73GF Score
Phinma Corp PHS:PHN
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Phinma 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 ₱4,857 Mil mean?
Phinma (PHS:PHN) has a Construction In Progress of ₱4,857 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Phinma and its competitors.
Is Phinma's Construction In Progress too high?
Phinma's current Construction In Progress is ₱4,857 Mil. Overall, Phinma has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phinma's Construction In Progress compare to HON and MMM?
Phinma's Construction In Progress of ₱4,857 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Construction In Progress depends on the Conglomerates 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 Phinma and its competitors. Phinma's current Construction In Progress is ₱4,857 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phinma stock overvalued right now?
Based on GuruFocus' analysis, Phinma (PHS:PHN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱16.58, compared to a current price of ₱14.00 — trading 15.6% below its estimated fair value. The current Construction In Progress is ₱4,857 Mil. Phinma's overall GF Score™ is 73/100 with 11 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 Phinma (PHS:PHN), the current Construction In Progress is ₱4,857 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 Phinma (PHS:PHN) Overvalued in 2026?

Based on GuruFocus' analysis, Phinma stock appears to be undervalued. The current stock price of ₱14.00 is trading 15.6% below its estimated GF Value™ of ₱16.58. GuruFocus considers Phinma to be Modestly Undervalued.

Key valuation signals for PHS:PHN:

  • Construction In Progress: ₱4,857 Mil
  • GF Value™: ₱16.58 vs. price of ₱14.00 (15.6% below fair value)
  • GF Score™: 73/100 with 11 warning signs

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

Phinma Business Description

Address No. 39 Plaza Drive, 12th Floor, Phinma Plaza, Rockwell Center, Makati, PHL, 1210
Phinma Corp is engaged in the investment in shares of various subsidiaries, associates, affiliates, and other marketable equity securities. The company's segments include Investment holdings; Property development; Construction materials; Educational services; Hospitality, and Business process outsourcing (BPO). It derives key revenue from the Construction materials segment which encompasses the operations of the cement trading. It also involves the activities of manufacturing and trading of iron and steel products, and providing solar rooftop systems to customers.
73GF Score

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

₱14.00
Price
₱16.58
GF Value