UGP (Ultrapar Participacoes) Construction In Progress: $289 Mil (As of Mar. 2026)


UGP Ultrapar Participacoes SA UGP
77 GF Score
Price $4.88
GF Value $4.54
Valuation Fairly Valued
! 1 Warning Sign
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What is Ultrapar Participacoes Construction In Progress?

Ultrapar Participacoes UGP -1.21% 77 Construction In Progress is $289 Mil as of Mar. 2026. GuruFocus rates UGP with a GF Score™ of 77/100 and a GF Value™ of $4.54 (Fairly Valued). The stock has 1 warning sign investors should review.

Ultrapar Participacoes's quarterly construction in progress declined from Sep. 2025 ($282 Mil) to Dec. 2025 ($279 Mil) but then increased from Dec. 2025 ($279 Mil) to Mar. 2026 ($289 Mil).

Ultrapar Participacoes's annual construction in progress increased from Dec. 2023 ($167 Mil) to Dec. 2024 ($229 Mil) and increased from Dec. 2024 ($229 Mil) to Dec. 2025 ($279 Mil).

Ultrapar Participacoes Construction In Progress Historical Data

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The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes Construction In Progress Chart

Ultrapar Participacoes 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 82.53 136.08 167.18 228.81 279.02

Ultrapar Participacoes 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 244.41 290.44 282.15 279.02 288.92
UGP
77GF Score
Ultrapar Participacoes SA UGP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ultrapar Participacoes 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 $289 Mil mean?
Ultrapar Participacoes (UGP) has a Construction In Progress of $289 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Ultrapar Participacoes and its competitors.
Is Ultrapar Participacoes' Construction In Progress too high?
Ultrapar Participacoes' current Construction In Progress is $289 Mil. Overall, Ultrapar Participacoes has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ultrapar Participacoes' Construction In Progress compare to VLO and MPC?
Ultrapar Participacoes' Construction In Progress of $289 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 Ultrapar Participacoes and its competitors. Ultrapar Participacoes's current Construction In Progress is $289 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultrapar Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Ultrapar Participacoes (UGP) is currently considered Fairly Valued. The stock's GF Value™ is $4.54, compared to a current price of $4.88 — trading 7.5% above its estimated fair value. The current Construction In Progress is $289 Mil. Ultrapar Participacoes' overall GF Score™ is 77/100 with 1 warning sign 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 Ultrapar Participacoes (UGP), the current Construction In Progress is $289 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 Ultrapar Participacoes (UGP) Overvalued in 2026?

Based on GuruFocus' analysis, Ultrapar Participacoes stock appears to be overvalued. The current stock price of $4.88 is trading 7.5% above its estimated GF Value™ of $4.54. GuruFocus considers Ultrapar Participacoes to be Fairly Valued.

Key valuation signals for UGP:

  • Construction In Progress: $289 Mil
  • GF Value™: $4.54 vs. price of $4.88 (7.5% above fair value)
  • GF Score™: 77/100 with 1 warning sign

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

Ultrapar Participacoes Business Description

Industry EnergyOil & Gas
Address Brigadeiro Luis Antonio Avenue, 1343, 9th Floor, Sao Paulo, SP, BRA, 01317-910
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, and industrial activities, through the subscription or acquisition of shares of other companies. The company's business segments include: i) Ultragaz distributes LPG in the segments: bulk, comprising condominiums, trade, services, industries, and agribusiness; and bottled, mainly comprising residential consumers. ii) Ipiranga, the majority revenue generating segment, engages in the distribution and sale of oil-related products to service stations that operate under the Ipiranga brand throughout Brazil. iii) Ultracargo operates in specialized liquid bulk storage solutions in the main logistics centers. iv) Hidrovias: operates in logistics solutions and waterway and multimodal infrastructure.
77GF Score

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

$4.88
Price
$4.54
GF Value