TRAYF (Thai Rayon PCL) Construction In Progress: $2.1 Mil (As of Mar. 2026)


TRAYF Thai Rayon PCL TRAYF
12 GF Score
Price $1.70
GF Value $2.77
! 5 Warning Signs
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What is Thai Rayon PCL Construction In Progress?

Thai Rayon PCL TRAYF 12 Construction In Progress is $2.1 Mil as of Mar. 2026. GuruFocus rates TRAYF with a GF Score™ of 12/100 and a GF Value™ of $2.77. The stock has 5 warning signs investors should review.

Thai Rayon PCL's quarterly construction in progress stayed the same from Sep. 2025 ($0.0 Mil) to Dec. 2025 ($0.0 Mil) but then increased from Dec. 2025 ($0.0 Mil) to Mar. 2026 ($2.1 Mil).

Thai Rayon PCL's annual construction in progress increased from Mar. 2024 ($1.6 Mil) to Mar. 2025 ($4.3 Mil) but then declined from Mar. 2025 ($4.3 Mil) to Mar. 2026 ($2.1 Mil).

Thai Rayon PCL Construction In Progress Historical Data

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The historical data trend for Thai Rayon 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 Rayon PCL Construction In Progress Chart

Thai Rayon PCL Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 2.87 1.65 4.27 2.09

Thai Rayon 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 4.27 0.00 0.00 0.00 2.09
TRAYF
12GF Score
Thai Rayon PCL TRAYF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Thai Rayon 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 $2.1 Mil mean?
Thai Rayon PCL (TRAYF) has a Construction In Progress of $2.1 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Thai Rayon PCL and its competitors.
Is Thai Rayon PCL's Construction In Progress too high?
Thai Rayon PCL's current Construction In Progress is $2.1 Mil. Overall, Thai Rayon PCL has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thai Rayon PCL's Construction In Progress compare to competitors?
Thai Rayon PCL's Construction In Progress of $2.1 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Construction In Progress depends on the Manufacturing - Apparel & Accessories 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 Rayon PCL and its competitors. Thai Rayon PCL's current Construction In Progress is $2.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Rayon PCL stock overvalued right now?
Thai Rayon PCL (TRAYF) has a current Construction In Progress of $2.1 Mil. The stock's GF Value™ is $2.77, compared to a current price of $1.70 — trading 38.6% below its estimated fair value. The current Construction In Progress is $2.1 Mil. Thai Rayon PCL's overall GF Score™ is 12/100 with 5 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 Rayon PCL (TRAYF), the current Construction In Progress is $2.1 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 Rayon PCL (TRAYF) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Rayon PCL stock appears to be undervalued. The current stock price of $1.70 is trading 38.6% below its estimated GF Value™ of $2.77.

Key valuation signals for TRAYF:

  • Construction In Progress: $2.1 Mil
  • GF Value™: $2.77 vs. price of $1.70 (38.6% below fair value)
  • GF Score™: 12/100 with 5 warning signs

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

Thai Rayon PCL Business Description

Address Ploenchit Road, 16th Floor, 888/160-1 Mahatun Plaza Building, Lumpini, Pathumwan, Bangkok, THA, 10330
Thai Rayon PCL is a company based in Thailand that mainly manufactures viscose rayon staple fiber and anhydrous sodium sulphate for sale in domestic and export markets. The company also produces anhydrous sodium sulphate as a by-product, which is widely used in Thailand by detergent, pulp, glass, leather, and textile industries. Thai Rayon has made investments in backward and forward integration projects in Thailand, Indonesia, Laos, China, and Canada, as well as various diversification projects in Thailand and overseas. The company's operations focus on a single industry segment, which is the manufacturing and distribution of viscose rayon staple fiber and by-products for both domestic and export markets.
12GF Score

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

$1.70
Price
$2.77
GF Value