TERRF (Terna SpA) Construction In Progress: $0 Mil (As of Mar. 2026)


TERRF Terna SpA TERRF
88 GF Score
Price $11.70
GF Value $11.13
Valuation Fairly Valued
! 3 Warning Signs
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What is Terna SpA Construction In Progress?

Terna SpA TERRF 88 Construction In Progress is $0 Mil as of Mar. 2026. GuruFocus rates TERRF with a GF Score™ of 88/100 and a GF Value™ of $11.13 (Fairly Valued). The stock has 3 warning signs investors should review.

Terna SpA's quarterly construction in progress increased from Sep. 2025 ($0 Mil) to Dec. 2025 ($6,050 Mil) but then declined from Dec. 2025 ($6,050 Mil) to Mar. 2026 ($0 Mil).

Terna SpA's annual construction in progress increased from Dec. 2023 ($3,146 Mil) to Dec. 2024 ($3,932 Mil) and increased from Dec. 2024 ($3,932 Mil) to Dec. 2025 ($6,050 Mil).

Terna SpA Construction In Progress Historical Data

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The historical data trend for Terna SpA'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.

Terna SpA Construction In Progress Chart

Terna SpA 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 2,477.63 2,734.43 3,146.46 3,931.94 6,050.47

Terna SpA 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 0.00 5,146.02 0.00 6,050.47 0.00
TERRF
88GF Score
Terna SpA TERRF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Terna SpA 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 $0 Mil mean?
Terna SpA (TERRF) has a Construction In Progress of $0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Terna SpA and its competitors.
Is Terna SpA's Construction In Progress too high?
Terna SpA's current Construction In Progress is $0 Mil. Overall, Terna SpA has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's Construction In Progress compare to NEE and SO?
Terna SpA's Construction In Progress of $0 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 Terna SpA and its competitors. Terna SpA's current Construction In Progress is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Based on GuruFocus' analysis, Terna SpA (TERRF) is currently considered Fairly Valued. The stock's GF Value™ is $11.13, compared to a current price of $11.70 — trading 5.1% above its estimated fair value. The current Construction In Progress is $0 Mil. Terna SpA's overall GF Score™ is 88/100 with 3 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 Terna SpA (TERRF), the current Construction In Progress is $0 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 Terna SpA (TERRF) Overvalued in 2026?

Based on GuruFocus' analysis, Terna SpA stock appears to be overvalued. The current stock price of $11.70 is trading 5.1% above its estimated GF Value™ of $11.13. GuruFocus considers Terna SpA to be Fairly Valued.

Key valuation signals for TERRF:

  • Construction In Progress: $0 Mil
  • GF Value™: $11.13 vs. price of $11.70 (5.1% above fair value)
  • GF Score™: 88/100 with 3 warning signs

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

Terna SpA Business Description

Address Viale Egidio Galbani 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
88GF Score

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

$11.70
Price
$11.13
GF Value