SMK (TSE:6798) Construction In Progress: 円114 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:6798 SMK Corp TSE:6798
60 GF Score
Price 円2,918.00
GF Value 円2,427.60
Valuation Modestly Overvalued
! 6 Warning Signs
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What is SMK Construction In Progress?

SMK TSE:6798 -0.78% 60 Construction In Progress is 円114 Mil as of Mar. 2026. GuruFocus rates TSE:6798 with a GF Score™ of 60/100 and a GF Value™ of 円2,427.60 (Modestly Overvalued). The stock has 6 warning signs investors should review.

SMK's quarterly construction in progress declined from Mar. 2025 (円159 Mil) to Sep. 2025 (円0 Mil) but then increased from Sep. 2025 (円0 Mil) to Mar. 2026 (円114 Mil).

SMK's annual construction in progress increased from Mar. 2024 (円39 Mil) to Mar. 2025 (円159 Mil) but then declined from Mar. 2025 (円159 Mil) to Mar. 2026 (円114 Mil).

SMK Construction In Progress Historical Data

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The historical data trend for SMK'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.

SMK Construction In Progress Chart

SMK 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 186.00 198.00 39.00 159.00 114.00

SMK Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 39.00 0.00 159.00 0.00 114.00
TSE:6798
60GF Score
SMK Corp TSE:6798
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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SMK 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 円114 Mil mean?
SMK (TSE:6798) has a Construction In Progress of 円114 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on SMK and its competitors.
Is SMK's Construction In Progress too high?
SMK's current Construction In Progress is 円114 Mil. Overall, SMK has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMK's Construction In Progress compare to APH and GLW?
SMK's Construction In Progress of 円114 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Construction In Progress depends on the Hardware 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 SMK and its competitors. SMK's current Construction In Progress is 円114 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMK stock overvalued right now?
Based on GuruFocus' analysis, SMK (TSE:6798) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,427.60, compared to a current price of 円2,918.00 — trading 20.2% above its estimated fair value. The current Construction In Progress is 円114 Mil. SMK's overall GF Score™ is 60/100 with 6 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 SMK (TSE:6798), the current Construction In Progress is 円114 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 SMK (TSE:6798) Overvalued in 2026?

Based on GuruFocus' analysis, SMK stock appears to be overvalued. The current stock price of 円2,918.00 is trading 20.2% above its estimated GF Value™ of 円2,427.60. GuruFocus considers SMK to be Modestly Overvalued.

Key valuation signals for TSE:6798:

  • Construction In Progress: 円114 Mil
  • GF Value™: 円2,427.60 vs. price of 円2,918.00 (20.2% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the TSE:6798 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SMK Business Description

Address 6-5-5 Togoshi, Shinagawa-ku, Tokyo, JPN, 142-8511
SMK Corp manufactures and sells parts for the electrocommunication device and electronic equipment. Its reportable segments include Connection System; Sensing, Communications and Interface; Research and Development Center, Innovation Centers, and others. The company generates maximum revenue from the Sensing, Communications, and Interface segment, which produces and sells remote controls, switches, camera modules, and touch sensors. Geographically, it derives a majority of its revenue from Japan. The company's product portfolio includes connectors, plugs/jacks, switches, accessories, remote control units, antennas, touch panels, and communication modules.
60GF Score

Get the complete analysis for TSE:6798

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

円2,918.00
Price
円2,427.60
GF Value