VWDRY (Vestas Wind Systems AS) Construction In Progress: $391 Mil (As of Mar. 2026)


VWDRY Vestas Wind Systems AS VWDRY
78 GF Score
Price $9.08
GF Value $9.67
Valuation Fairly Valued
! 4 Warning Signs
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What is Vestas Wind Systems AS Construction In Progress?

Vestas Wind Systems AS VWDRY +4.01% 78 Construction In Progress is $391 Mil as of Mar. 2026. GuruFocus rates VWDRY with a GF Score™ of 78/100 and a GF Value™ of $9.67 (Fairly Valued). The stock has 4 warning signs investors should review.

Vestas Wind Systems AS's quarterly construction in progress declined from Sep. 2025 ($442 Mil) to Dec. 2025 ($378 Mil) but then increased from Dec. 2025 ($378 Mil) to Mar. 2026 ($391 Mil).

Vestas Wind Systems AS's annual construction in progress increased from Dec. 2023 ($269 Mil) to Dec. 2024 ($466 Mil) but then declined from Dec. 2024 ($466 Mil) to Dec. 2025 ($378 Mil).

Vestas Wind Systems AS Construction In Progress Historical Data

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The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Construction In Progress Chart

Vestas Wind Systems AS 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 153.67 158.90 269.36 465.97 378.22

Vestas Wind Systems AS 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 537.30 522.49 442.49 378.22 390.75
VWDRY
78GF Score
Vestas Wind Systems AS VWDRY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Vestas Wind Systems AS 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 $391 Mil mean?
Vestas Wind Systems AS (VWDRY) has a Construction In Progress of $391 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Vestas Wind Systems AS and its competitors.
Is Vestas Wind Systems AS's Construction In Progress too high?
Vestas Wind Systems AS's current Construction In Progress is $391 Mil. Overall, Vestas Wind Systems AS has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Construction In Progress compare to GEV and ETN?
Vestas Wind Systems AS's Construction In Progress of $391 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Vestas Wind Systems AS and its competitors. Vestas Wind Systems AS's current Construction In Progress is $391 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (VWDRY) is currently considered Fairly Valued. The stock's GF Value™ is $9.67, compared to a current price of $9.08 — trading 6.1% below its estimated fair value. The current Construction In Progress is $391 Mil. Vestas Wind Systems AS's overall GF Score™ is 78/100 with 4 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 Vestas Wind Systems AS (VWDRY), the current Construction In Progress is $391 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 Vestas Wind Systems AS (VWDRY) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued. The current stock price of $9.08 is trading 6.1% below its estimated GF Value™ of $9.67. GuruFocus considers Vestas Wind Systems AS to be Fairly Valued.

Key valuation signals for VWDRY:

  • Construction In Progress: $391 Mil
  • GF Value™: $9.67 vs. price of $9.08 (6.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs

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

Vestas Wind Systems AS Business Description

Address Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
78GF Score

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

$9.08
Price
$9.67
GF Value