TAWNF (Thai Airways International PCL) Construction In Progress: $490 Mil (As of Mar. 2026)


TAWNF Thai Airways International PCL TAWNF
41 GF Score
Price $0.18
GF Value $0.01
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Thai Airways International PCL Construction In Progress?

Thai Airways International PCL TAWNF -0.83% 41 Construction In Progress is $490 Mil as of Mar. 2026. GuruFocus rates TAWNF with a GF Score™ of 41/100 and a GF Value™ of $0.01 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Thai Airways International PCL's quarterly construction in progress increased from Sep. 2025 ($90 Mil) to Dec. 2025 ($462 Mil) and increased from Dec. 2025 ($462 Mil) to Mar. 2026 ($490 Mil).

Thai Airways International PCL's annual construction in progress increased from Dec. 2023 ($66 Mil) to Dec. 2024 ($325 Mil) and increased from Dec. 2024 ($325 Mil) to Dec. 2025 ($462 Mil).

Thai Airways International PCL Construction In Progress Historical Data

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The historical data trend for Thai Airways International PCL'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.

Thai Airways International PCL Construction In Progress Chart

Thai Airways International PCL 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 61.23 35.49 66.12 325.48 461.95

Thai Airways International PCL 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 322.87 88.27 89.85 461.95 489.79
TAWNF
41GF Score
Thai Airways International PCL TAWNF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Airways International PCL 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 $490 Mil mean?
Thai Airways International PCL (TAWNF) has a Construction In Progress of $490 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Thai Airways International PCL and its competitors.
Is Thai Airways International PCL's Construction In Progress too high?
Thai Airways International PCL's current Construction In Progress is $490 Mil. Overall, Thai Airways International PCL has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Airways International PCL's Construction In Progress compare to DAL and UAL?
Thai Airways International PCL's Construction In Progress of $490 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Construction In Progress depends on the Transportation 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 Thai Airways International PCL and its competitors. Thai Airways International PCL's current Construction In Progress is $490 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Airways International PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Airways International PCL (TAWNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.18 — trading 1685% above its estimated fair value. The current Construction In Progress is $490 Mil. Thai Airways International PCL's overall GF Score™ is 41/100 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 Thai Airways International PCL (TAWNF), the current Construction In Progress is $490 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 Thai Airways International PCL (TAWNF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Airways International PCL stock appears to be overvalued. The current stock price of $0.18 is trading 1685% above its estimated GF Value™ of $0.01. GuruFocus considers Thai Airways International PCL to be Significantly Overvalued.

Key valuation signals for TAWNF:

  • Construction In Progress: $490 Mil
  • GF Value™: $0.01 vs. price of $0.18 (1685% above fair value)
  • GF Score™: 41/100 with 4 warning signs

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

Thai Airways International PCL Business Description

Other Exchanges THAI:ThailandTHAF:Germany
Address 89 Vibhavadi Rangsit Road, Chom Phon, Chatuchak District, Bangkok, THA, 10900
Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company segments are Air Transport, Business Units, and Others. The air transport business focuses on the transportation of passengers, cargo, and mail, and utilizes scheduled and chartered flights to domestic and international destinations. The business units segment ensures all flights reach their destination on time and at the correct location, and offers support with cargo terminal handling, group equipment services, and catering services. The other segments include the sale of duty-free goods, the sale of souvenir products from the maintenance division, and the operation of subsidiaries. The majority of revenue originates from Asia from Air Transport.
41GF Score

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

$0.18
Price
$0.01
GF Value