Metatek-Group (TSX:MTEK) Construction In Progress: C$13.00 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:MTEK Metatek-Group Ltd TSX:MTEK
17 GF Score
Price C$3.00
! 2 Warning Signs
View Full Analysis

What is Metatek-Group Construction In Progress?

Metatek-Group TSX:MTEK -0.99% 17 Construction In Progress is C$13.00 Mil as of Mar. 2026. GuruFocus rates TSX:MTEK with a GF Score™ of 17/100. The stock has 2 warning signs investors should review.

Metatek-Group's quarterly construction in progress declined from Sep. 2025 (C$13.31 Mil) to Dec. 2025 (C$13.00 Mil) and declined from Dec. 2025 (C$13.00 Mil) to Mar. 2026 (C$13.00 Mil).

Metatek-Group's annual construction in progress increased from Dec. 2023 (C$8.27 Mil) to Dec. 2024 (C$11.72 Mil) and increased from Dec. 2024 (C$11.72 Mil) to Dec. 2025 (C$13.00 Mil).

Metatek-Group Construction In Progress Historical Data

* Premium members only.

The historical data trend for Metatek-Group'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.

Metatek-Group Construction In Progress Chart

Metatek-Group Annual Data
Trend Dec23 Dec24 Dec25
Construction In Progress
8.27 11.72 13.00

Metatek-Group Quarterly Data
Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial 11.72 0.00 13.31 13.00 13.00
TSX:MTEK
17GF Score
Metatek-Group Ltd TSX:MTEK
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metatek-Group 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 C$13.00 Mil mean?
Metatek-Group (TSX:MTEK) has a Construction In Progress of C$13.00 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Metatek-Group and its competitors.
Is Metatek-Group's Construction In Progress too high?
Metatek-Group's current Construction In Progress is C$13.00 Mil. Overall, Metatek-Group has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Metatek-Group's Construction In Progress compare to SLB and BKR?
Metatek-Group's Construction In Progress of C$13.00 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas 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 Metatek-Group and its competitors. Metatek-Group's current Construction In Progress is C$13.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metatek-Group stock overvalued right now?
Metatek-Group (TSX:MTEK) has a current Construction In Progress of C$13.00 Mil. The current Construction In Progress is C$13.00 Mil. Metatek-Group's overall GF Score™ is 17/100 with 2 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 Metatek-Group (TSX:MTEK), the current Construction In Progress is C$13.00 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.

Metatek-Group Business Description

Industry EnergyOil & Gas
Address Rockingham Drive, 35-36 Linford Forum, Linford Wood, Milton Keynes, GBR, MK14 6LY
Metatek-Group Ltd is a United Kingdom-based geophysical services company providing high-definition mapping of subsurface strategic and critical mineral natural resources, energy (including hydrocarbons), helium and hydrogen, for exploration and development. The company has two revenue streams: Integrated Acquisition Projects and Standalone Processing & Interpretation Projects. The majority of revenue is derived from the Integrated Acquisition Projects segment, which comprises the deployment of FTG instruments to acquire geophysical data, process and deliver interpreted subsurface insights to both single and multi-client projects. Geographically, it generates the maximum revenue from South East Asia, followed by Africa, Europe, South America and the rest of the world.
17GF Score

Get the complete analysis for TSX:MTEK

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

C$3.00
Price