Arabian Drilling Co (SAU:2381) Construction In Progress: ﷼259 Mil (As of Jun. 2026)

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SAU:2381 Arabian Drilling Co SAU:2381
52 GF Score
Price ﷼96.40
GF Value ﷼95.05
Valuation Fairly Valued
! 6 Warning Signs
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What is Arabian Drilling Co Construction In Progress?

Arabian Drilling Co SAU:2381 52 Construction In Progress is ﷼259 Mil as of Jun. 2026. GuruFocus rates SAU:2381 with a GF Score™ of 52/100 and a GF Value™ of ﷼95.05 (Fairly Valued). The stock has 6 warning signs investors should review.

Arabian Drilling Co's quarterly construction in progress increased from Dec. 2025 (﷼170 Mil) to Mar. 2026 (﷼218 Mil) and increased from Mar. 2026 (﷼218 Mil) to Jun. 2026 (﷼259 Mil).

Arabian Drilling Co's annual construction in progress declined from Dec. 2023 (﷼985 Mil) to Dec. 2024 (﷼768 Mil) and declined from Dec. 2024 (﷼768 Mil) to Dec. 2025 (﷼170 Mil).

Arabian Drilling Co Construction In Progress Historical Data

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The historical data trend for Arabian Drilling Co'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.

Arabian Drilling Co Construction In Progress Chart

Arabian Drilling Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
131.52 1,363.76 985.19 768.20 170.22

Arabian Drilling Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 424.50 389.38 170.22 217.89 259.48
SAU:2381
52GF Score
Arabian Drilling Co SAU:2381
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Arabian Drilling Co 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 ﷼259 Mil mean?
Arabian Drilling Co (SAU:2381) has a Construction In Progress of ﷼259 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Arabian Drilling Co and its competitors.
Is Arabian Drilling Co's Construction In Progress too high?
Arabian Drilling Co's current Construction In Progress is ﷼259 Mil. Overall, Arabian Drilling Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Arabian Drilling Co's Construction In Progress compare to NE and RIG?
Arabian Drilling Co's Construction In Progress of ﷼259 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 Arabian Drilling Co and its competitors. Arabian Drilling Co's current Construction In Progress is ﷼259 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Drilling Co stock overvalued right now?
Based on GuruFocus' analysis, Arabian Drilling Co (SAU:2381) is currently considered Fairly Valued. The stock's GF Value™ is ﷼95.05, compared to a current price of ﷼96.40 — trading 1.4% above its estimated fair value. The current Construction In Progress is ﷼259 Mil. Arabian Drilling Co's overall GF Score™ is 52/100 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 Arabian Drilling Co (SAU:2381), the current Construction In Progress is ﷼259 Mil as of Jun. 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 Arabian Drilling Co (SAU:2381) Overvalued in 2026?

Based on GuruFocus' analysis, Arabian Drilling Co stock appears to be overvalued. The current stock price of ﷼96.40 is trading 1.4% above its estimated GF Value™ of ﷼95.05. GuruFocus considers Arabian Drilling Co to be Fairly Valued.

Key valuation signals for SAU:2381:

  • Construction In Progress: ﷼259 Mil
  • GF Value™: ﷼95.05 vs. price of ﷼96.40 (1.4% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the SAU:2381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Arabian Drilling Co Business Description

Industry EnergyOil & Gas
Address P.O.Box 4110, Al-Khobar, SAU, 31952
Arabian Drilling Co is an onshore and offshore gas and oil rig drilling company in Saudi Arabia. It is principally engaged in the drilling of oil and natural gas wells, operations, maintenance and hauling of rigs, and related activities. The operating segment of the company Provision of drilling and related services through land rigs and the Provision of drilling and related services through off-shore rigs.
52GF Score

Get the complete analysis for SAU:2381

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

﷼96.40
Price
﷼95.05
GF Value