Michelin (WBO:ML) Construction In Progress: €0 Mil (As of Dec. 2025)


WBO:ML Michelin WBO:ML
84 GF Score
Price €31.60
GF Value €28.12
! 6 Warning Signs
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What is Michelin Construction In Progress?

Michelin WBO:ML 84 Construction In Progress is €0 Mil as of Dec. 2025. GuruFocus rates WBO:ML with a GF Score™ of 84/100 and a GF Value™ of €28.12. The stock has 6 warning signs investors should review.

Michelin Construction In Progress Historical Data

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The historical data trend for Michelin'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.

Michelin Construction In Progress Chart

Michelin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
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Michelin Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00
WBO:ML
84GF Score
Michelin WBO:ML
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Michelin 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 €0 Mil mean?
Michelin (WBO:ML) has a Construction In Progress of €0 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Michelin and its competitors.
Is Michelin's Construction In Progress too high?
Michelin's current Construction In Progress is €0 Mil. Overall, Michelin has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Michelin's Construction In Progress compare to ORLY and AZO?
Michelin's Construction In Progress of €0 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Construction In Progress depends on the Vehicles & Parts 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 Michelin and its competitors. Michelin's current Construction In Progress is €0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michelin stock overvalued right now?
Michelin (WBO:ML) has a current Construction In Progress of €0 Mil. The stock's GF Value™ is €28.12, compared to a current price of €31.60 — trading 12.4% above its estimated fair value. The current Construction In Progress is €0 Mil. Michelin's overall GF Score™ is 84/100 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 Michelin (WBO:ML), the current Construction In Progress is €0 Mil as of Dec. 2025. 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 Michelin (WBO:ML) Overvalued in 2026?

Based on GuruFocus' analysis, Michelin stock appears to be overvalued. The current stock price of €31.60 is trading 12.4% above its estimated GF Value™ of €28.12.

Key valuation signals for WBO:ML:

  • Construction In Progress: €0 Mil
  • GF Value™: €28.12 vs. price of €31.60 (12.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs

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

Michelin Business Description

Address 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, FRA, 63000
Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as well as bicycle, motorcycle, earthmover, aviation, and agricultural tires. Its operations are organized into three operating segments namely Automotive and two-wheel; Road transportation; and Specialty businesses. The company generates maximum revenue from Automotive segments. The Specialty businesses include the Mining, Beyond-road, Two-wheel and Aircraft tire activities, as well as the High-Tech Materials activities. The Services & Solutions businesses are included for the majority part in the Road transportation and related distribution segment.
84GF Score

Get the complete analysis for WBO:ML

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

€31.60
Price
€28.12
GF Value