PUTKF (PT United Tractors Tbk) Construction In Progress: $646 Mil (As of Mar. 2026)


PUTKF PT United Tractors Tbk PUTKF
87 GF Score
Price $1.60
GF Value $1.27
Valuation Modestly Overvalued
! 4 Warning Signs
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What is PT United Tractors Tbk Construction In Progress?

PT United Tractors Tbk PUTKF -4.65% 87 Construction In Progress is $646 Mil as of Mar. 2026. GuruFocus rates PUTKF with a GF Score™ of 87/100 and a GF Value™ of $1.27 (Modestly Overvalued). The stock has 4 warning signs investors should review.

PT United Tractors Tbk's quarterly construction in progress increased from Sep. 2025 ($491 Mil) to Dec. 2025 ($581 Mil) and increased from Dec. 2025 ($581 Mil) to Mar. 2026 ($646 Mil).

PT United Tractors Tbk's annual construction in progress increased from Dec. 2023 ($533 Mil) to Dec. 2024 ($567 Mil) and increased from Dec. 2024 ($567 Mil) to Dec. 2025 ($581 Mil).

PT United Tractors Tbk Construction In Progress Historical Data

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The historical data trend for PT United Tractors 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 United Tractors Tbk Construction In Progress Chart

PT United Tractors 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 171.12 247.02 532.66 566.78 581.09

PT United Tractors 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 470.57 464.69 491.46 581.09 645.74
PUTKF
87GF Score
PT United Tractors Tbk PUTKF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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PT United Tractors 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 $646 Mil mean?
PT United Tractors Tbk (PUTKF) has a Construction In Progress of $646 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on PT United Tractors Tbk and its competitors.
Is PT United Tractors Tbk's Construction In Progress too high?
PT United Tractors Tbk's current Construction In Progress is $646 Mil. Overall, PT United Tractors Tbk has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT United Tractors Tbk's Construction In Progress compare to competitors?
PT United Tractors Tbk's Construction In Progress of $646 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 United Tractors Tbk and its competitors. PT United Tractors Tbk's current Construction In Progress is $646 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT United Tractors Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT United Tractors Tbk (PUTKF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.27, compared to a current price of $1.60 — trading 26% above its estimated fair value. The current Construction In Progress is $646 Mil. PT United Tractors Tbk's overall GF Score™ is 87/100 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 PT United Tractors Tbk (PUTKF), the current Construction In Progress is $646 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 United Tractors Tbk (PUTKF) Overvalued in 2026?

Based on GuruFocus' analysis, PT United Tractors Tbk stock appears to be overvalued. The current stock price of $1.60 is trading 26% above its estimated GF Value™ of $1.27. GuruFocus considers PT United Tractors Tbk to be Modestly Overvalued.

Key valuation signals for PUTKF:

  • Construction In Progress: $646 Mil
  • GF Value™: $1.27 vs. price of $1.60 (26% above fair value)
  • GF Score™: 87/100 with 4 warning signs

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

PT United Tractors Tbk Business Description

Address Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910
PT United Tractors Tbk is the sole distributor of Komatsu heavy equipment in Indonesia. The Company provides a range of complementary products such as Tadano cranes, Bomag vibratory rollers, Scania buses and trucks, and UD Trucks. Through its subsidiaries, the Company provides engineering and manufacturing services for heavy equipment components, engine reconditioning, and the sale and leasing of tractors, generators, mini excavators, forklifts, and commodity parts. The Group operates through segments including Construction Machinery (sales, rental, and after-sales services), Mining Contracting (which generates maximum revenue), Thermal and Metallurgical Coal, Gold, and Other Mineral Mining, as well as other segments focused on construction services, energy, and related activities.
87GF Score

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

$1.60
Price
$1.27
GF Value