Gourmet Master Co (TPE:2723) Construction In Progress: NT$177 Mil (As of Dec. 2025)


TPE:2723 Gourmet Master Co Ltd TPE:2723
73 GF Score
Price NT$67.40
GF Value NT$82.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Gourmet Master Co Construction In Progress?

Gourmet Master Co TPE:2723 73 Construction In Progress is NT$177 Mil as of Dec. 2025. GuruFocus rates TPE:2723 with a GF Score™ of 73/100 and a GF Value™ of NT$82.76 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Gourmet Master Co's quarterly construction in progress increased from Jun. 2025 (NT$152 Mil) to Sep. 2025 (NT$179 Mil) but then declined from Sep. 2025 (NT$179 Mil) to Dec. 2025 (NT$177 Mil).

Gourmet Master Co's annual construction in progress increased from Dec. 2023 (NT$148 Mil) to Dec. 2024 (NT$202 Mil) but then declined from Dec. 2024 (NT$202 Mil) to Dec. 2025 (NT$177 Mil).

Gourmet Master Co Construction In Progress Historical Data

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The historical data trend for Gourmet Master 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.

Gourmet Master Co Construction In Progress Chart

Gourmet Master Co 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 487.82 266.61 148.17 201.88 177.27

Gourmet Master Co 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 201.88 139.65 152.23 178.85 177.27
TPE:2723
73GF Score
Gourmet Master Co Ltd TPE:2723
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Gourmet Master 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 NT$177 Mil mean?
Gourmet Master Co (TPE:2723) has a Construction In Progress of NT$177 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Gourmet Master Co and its competitors.
Is Gourmet Master Co's Construction In Progress too high?
Gourmet Master Co's current Construction In Progress is NT$177 Mil. Overall, Gourmet Master Co has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gourmet Master Co's Construction In Progress compare to MCD and SBUX?
Gourmet Master Co's Construction In Progress of NT$177 Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good Construction In Progress depends on the Restaurants 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 Gourmet Master Co and its competitors. Gourmet Master Co's current Construction In Progress is NT$177 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gourmet Master Co stock overvalued right now?
Based on GuruFocus' analysis, Gourmet Master Co (TPE:2723) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$82.76, compared to a current price of NT$67.40 — trading 18.6% below its estimated fair value. The current Construction In Progress is NT$177 Mil. Gourmet Master Co's overall GF Score™ is 73/100 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 Gourmet Master Co (TPE:2723), the current Construction In Progress is NT$177 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 Gourmet Master Co (TPE:2723) Overvalued in 2026?

Based on GuruFocus' analysis, Gourmet Master Co stock appears to be undervalued. The current stock price of NT$67.40 is trading 18.6% below its estimated GF Value™ of NT$82.76. GuruFocus considers Gourmet Master Co to be Modestly Undervalued.

Key valuation signals for TPE:2723:

  • Construction In Progress: NT$177 Mil
  • GF Value™: NT$82.76 vs. price of NT$67.40 (18.6% below fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the TPE:2723 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gourmet Master Co Business Description

Address No. 35, 23rd, Nantun District, Taichung, TWN
Gourmet Master Co Ltd operates a chain of cafe stores under the brand 85 Degrees Daily Cafe. The company is mainly engaged in the production and wholesale of bakery products, retail and wholesale of beverages, wholesale of bakery machinery, and the operation of chain stores and franchising business.
73GF Score

Get the complete analysis for TPE:2723

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

NT$67.40
Price
NT$82.76
GF Value