PMCGF (PT Merdeka Copper Gold Tbk) Construction In Progress: $696 Mil (As of Mar. 2026)

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PMCGF PT Merdeka Copper Gold Tbk PMCGF
93 GF Score
Price $0.10
GF Value $0.12
! 6 Warning Signs
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What is PT Merdeka Copper Gold Tbk Construction In Progress?

PT Merdeka Copper Gold Tbk PMCGF 93 Construction In Progress is $696 Mil as of Mar. 2026. GuruFocus rates PMCGF with a GF Score™ of 93/100 and a GF Value™ of $0.12. The stock has 6 warning signs investors should review.

PT Merdeka Copper Gold Tbk's quarterly construction in progress increased from Sep. 2025 ($145 Mil) to Dec. 2025 ($781 Mil) but then declined from Dec. 2025 ($781 Mil) to Mar. 2026 ($696 Mil).

PT Merdeka Copper Gold Tbk's annual construction in progress increased from Dec. 2023 ($176 Mil) to Dec. 2024 ($1,045 Mil) but then declined from Dec. 2024 ($1,045 Mil) to Dec. 2025 ($781 Mil).

PT Merdeka Copper Gold Tbk Construction In Progress Historical Data

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The historical data trend for PT Merdeka Copper Gold Tbk'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.

PT Merdeka Copper Gold Tbk Construction In Progress Chart

PT Merdeka Copper Gold Tbk 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 69.76 867.95 175.59 1,045.19 780.69

PT Merdeka Copper Gold Tbk 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 1,146.87 1,202.09 145.06 780.69 695.99
PMCGF
93GF Score
PT Merdeka Copper Gold Tbk PMCGF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Merdeka Copper Gold Tbk 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 $696 Mil mean?
PT Merdeka Copper Gold Tbk (PMCGF) has a Construction In Progress of $696 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on PT Merdeka Copper Gold Tbk and its competitors.
Is PT Merdeka Copper Gold Tbk's Construction In Progress too high?
PT Merdeka Copper Gold Tbk's current Construction In Progress is $696 Mil. Overall, PT Merdeka Copper Gold Tbk has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Copper Gold Tbk's Construction In Progress compare to competitors?
PT Merdeka Copper Gold Tbk's Construction In Progress of $696 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining 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 PT Merdeka Copper Gold Tbk and its competitors. PT Merdeka Copper Gold Tbk's current Construction In Progress is $696 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Copper Gold Tbk stock overvalued right now?
PT Merdeka Copper Gold Tbk (PMCGF) has a current Construction In Progress of $696 Mil. The stock's GF Value™ is $0.12, compared to a current price of $0.10 — trading 16.7% below its estimated fair value. The current Construction In Progress is $696 Mil. PT Merdeka Copper Gold Tbk's overall GF Score™ is 93/100 with 6 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 PT Merdeka Copper Gold Tbk (PMCGF), the current Construction In Progress is $696 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 PT Merdeka Copper Gold Tbk (PMCGF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk stock appears to be undervalued. The current stock price of $0.10 is trading 16.7% below its estimated GF Value™ of $0.12.

Key valuation signals for PMCGF:

  • Construction In Progress: $696 Mil
  • GF Value™: $0.12 vs. price of $0.10 (16.7% below fair value)
  • GF Score™: 93/100 with 6 warning signs

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

PT Merdeka Copper Gold Tbk Business Description

Other Exchanges MDKA:IndonesiaB0C:Germany
Address Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. Along with its subsidiary, the company engages in the field of mining and other management consultancy activities. The company's gold projects consist of the Tujuh Bukit Gold Mine and the Pani Gold Project. The copper projects include Wetar Copper Mine and Tujuh Bukit Copper Project. The Nickel project comprises SCM Mine, RKEF Smelters, Nickel Matte Converter, AIM Project, HPAL Facilities, and IKIP. The majority of the company's revenue is generated by the Nickel segment.
93GF Score

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

$0.10
Price
$0.12
GF Value