Paul Hartmann AG (STU:PHH2) Construction In Progress: €113 Mil (As of Dec. 2025)


STU:PHH2 Paul Hartmann AG STU:PHH2
61 GF Score
Price €204.00
GF Value €229.60
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Paul Hartmann AG Construction In Progress?

Paul Hartmann AG STU:PHH2 +0.49% 61 Construction In Progress is €113 Mil as of Dec. 2025. GuruFocus rates STU:PHH2 with a GF Score™ of 61/100 and a GF Value™ of €229.60 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Paul Hartmann AG's quarterly construction in progress declined from Dec. 2024 (€123 Mil) to Jun. 2025 (€0 Mil) but then increased from Jun. 2025 (€0 Mil) to Dec. 2025 (€113 Mil).

Paul Hartmann AG's annual construction in progress increased from Dec. 2023 (€93 Mil) to Dec. 2024 (€123 Mil) but then declined from Dec. 2024 (€123 Mil) to Dec. 2025 (€113 Mil).

Paul Hartmann AG Construction In Progress Historical Data

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The historical data trend for Paul Hartmann AG'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.

Paul Hartmann AG Construction In Progress Chart

Paul Hartmann AG 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 91.84 91.66 93.07 122.54 113.13

Paul Hartmann AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 93.07 0.00 122.54 0.00 113.13
STU:PHH2
61GF Score
Paul Hartmann AG STU:PHH2
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Paul Hartmann AG 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 €113 Mil mean?
Paul Hartmann AG (STU:PHH2) has a Construction In Progress of €113 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Paul Hartmann AG and its competitors.
Is Paul Hartmann AG's Construction In Progress too high?
Paul Hartmann AG's current Construction In Progress is €113 Mil. Overall, Paul Hartmann AG has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paul Hartmann AG's Construction In Progress compare to ISRG and BDX?
Paul Hartmann AG's Construction In Progress of €113 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Construction In Progress depends on the Medical Devices & Instruments 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 Paul Hartmann AG and its competitors. Paul Hartmann AG's current Construction In Progress is €113 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paul Hartmann AG stock overvalued right now?
Based on GuruFocus' analysis, Paul Hartmann AG (STU:PHH2) is currently considered Modestly Undervalued. The stock's GF Value™ is €229.60, compared to a current price of €204.00 — trading 11.1% below its estimated fair value. The current Construction In Progress is €113 Mil. Paul Hartmann AG's overall GF Score™ is 61/100 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 Paul Hartmann AG (STU:PHH2), the current Construction In Progress is €113 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 Paul Hartmann AG (STU:PHH2) Overvalued in 2026?

Based on GuruFocus' analysis, Paul Hartmann AG stock appears to be undervalued. The current stock price of €204.00 is trading 11.1% below its estimated GF Value™ of €229.60. GuruFocus considers Paul Hartmann AG to be Modestly Undervalued.

Key valuation signals for STU:PHH2:

  • Construction In Progress: €113 Mil
  • GF Value™: €229.60 vs. price of €204.00 (11.1% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the STU:PHH2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Paul Hartmann AG Business Description

Other Exchanges PHH2:Germany
Address Paul-Hartmann-Strasse 12, Heidenheim, DEU, 89522
Paul Hartmann AG engages in the production of medical and hygiene products. It operates through Wound Management, Incontinence Management and Infection Management and other segments. The Wound segment comprises wound dressing and treatment, compression therapy, first aid, immobilization, and diagnostics. The Incontinence segment provides incontinence hygiene, patient care, and medical skin care. The Infection segment consists of custom procedure trays, surgical draping systems, disposable surgical instruments, and disinfectants. The Other activities include activities in cotton-wool products, medical consumer goods and pharmaceutical products and others. All the activities are functioned through the region of US and derive revenue through the sale of medical and hygiene products.
61GF Score

Get the complete analysis for STU:PHH2

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

€204.00
Price
€229.60
GF Value