MPI (ROCO:6223) Construction In Progress: NT$443 Mil (As of Dec. 2025)


ROCO:6223 MPI Corp ROCO:6223
74 GF Score
Price NT$7,380.00
GF Value NT$1,114.49
Valuation Significantly Overvalued
! 7 Warning Signs
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What is MPI Construction In Progress?

MPI ROCO:6223 +1.72% 74 Construction In Progress is NT$443 Mil as of Dec. 2025. GuruFocus rates ROCO:6223 with a GF Score™ of 74/100 and a GF Value™ of NT$1,114.49 (Significantly Overvalued). The stock has 7 warning signs investors should review.

MPI's quarterly construction in progress declined from Jun. 2025 (NT$818 Mil) to Sep. 2025 (NT$598 Mil) and declined from Sep. 2025 (NT$598 Mil) to Dec. 2025 (NT$443 Mil).

MPI's annual construction in progress increased from Dec. 2023 (NT$164 Mil) to Dec. 2024 (NT$1,175 Mil) but then declined from Dec. 2024 (NT$1,175 Mil) to Dec. 2025 (NT$443 Mil).

MPI Construction In Progress Historical Data

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The historical data trend for MPI'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.

MPI Construction In Progress Chart

MPI 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 0.00 163.98 1,175.00 442.62

MPI Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1,175.00 1,080.48 817.69 598.40 442.62
ROCO:6223
74GF Score
MPI Corp ROCO:6223
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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MPI 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 NT$443 Mil mean?
MPI (ROCO:6223) has a Construction In Progress of NT$443 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on MPI and its competitors.
Is MPI's Construction In Progress too high?
MPI's current Construction In Progress is NT$443 Mil. Overall, MPI has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MPI's Construction In Progress compare to AMAT and LRCX?
MPI's Construction In Progress of NT$443 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Construction In Progress depends on the Semiconductors 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 MPI and its competitors. MPI's current Construction In Progress is NT$443 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPI stock overvalued right now?
Based on GuruFocus' analysis, MPI (ROCO:6223) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,114.49, compared to a current price of NT$7,380.00 — trading 562.2% above its estimated fair value. The current Construction In Progress is NT$443 Mil. MPI's overall GF Score™ is 74/100 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 MPI (ROCO:6223), the current Construction In Progress is NT$443 Mil as of Dec. 2025. 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 MPI (ROCO:6223) Overvalued in 2026?

Based on GuruFocus' analysis, MPI stock appears to be overvalued. The current stock price of NT$7,380.00 is trading 562.2% above its estimated GF Value™ of NT$1,114.49. GuruFocus considers MPI to be Significantly Overvalued.

Key valuation signals for ROCO:6223:

  • Construction In Progress: NT$443 Mil
  • GF Value™: NT$1,114.49 vs. price of NT$7,380.00 (562.2% above fair value)
  • GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the ROCO:6223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MPI Business Description

Address No.155, Zhonghe Street, Hsinchu County, Zhubei, TWN
MPI Corp is a provider of test and measurement solutions. The company and its subsidiaries are engaged in manufacturing, processing, maintenance, import/export and trading of semi-conductor production process and testing equipments. Its product and technology portfolio covers the entire lifecycle of integrated circuits (ICs), providing comprehensive and systematic integrated services from early component characterization and modeling, reliability verification and product certification, to mass production testing. The company comprises five business units: probe card testing, semiconductor testing, high and low temperature testing, Celadon Systems high-performance probe card engineering testing, and Focus Microwaves RF and millimeter-wave measurement technology.
74GF Score

Get the complete analysis for ROCO:6223

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

NT$7,380.00
Price
NT$1,114.49
GF Value