Merck KGaA (WBO:MRCK) Construction In Progress: €0 Mil (As of Mar. 2026)


WBO:MRCK Merck KGaA WBO:MRCK
78 GF Score
Price €146.30
GF Value €139.95
Valuation Fairly Valued
! 9 Warning Signs
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What is Merck KGaA Construction In Progress?

Merck KGaA WBO:MRCK +0.90% 78 Construction In Progress is €0 Mil as of Mar. 2026. GuruFocus rates WBO:MRCK with a GF Score™ of 78/100 and a GF Value™ of €139.95 (Fairly Valued). The stock has 9 warning signs investors should review.

Merck KGaA's quarterly construction in progress increased from Sep. 2025 (€0 Mil) to Dec. 2025 (€2,668 Mil) but then declined from Dec. 2025 (€2,668 Mil) to Mar. 2026 (€0 Mil).

Merck KGaA's annual construction in progress declined from Dec. 2023 (€3,045 Mil) to Dec. 2024 (€2,500 Mil) but then increased from Dec. 2024 (€2,500 Mil) to Dec. 2025 (€2,668 Mil).

Merck KGaA Construction In Progress Historical Data

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The historical data trend for Merck KGaA'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.

Merck KGaA Construction In Progress Chart

Merck KGaA 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 1,905.00 2,429.00 3,045.00 2,500.00 2,668.00

Merck KGaA 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 0.00 0.00 0.00 2,668.00 0.00
WBO:MRCK
78GF Score
Merck KGaA WBO:MRCK
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Merck KGaA 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?
Merck KGaA (WBO:MRCK) has a Construction In Progress of €0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Merck KGaA and its competitors.
Is Merck KGaA's Construction In Progress too high?
Merck KGaA's current Construction In Progress is €0 Mil. Overall, Merck KGaA has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Merck KGaA's Construction In Progress compare to ZTS and UTHR?
Merck KGaA's Construction In Progress of €0 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Construction In Progress depends on the Drug Manufacturers 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 Merck KGaA and its competitors. Merck KGaA'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 Merck KGaA stock overvalued right now?
Based on GuruFocus' analysis, Merck KGaA (WBO:MRCK) is currently considered Fairly Valued. The stock's GF Value™ is €139.95, compared to a current price of €146.30 — trading 4.5% above its estimated fair value. The current Construction In Progress is €0 Mil. Merck KGaA's overall GF Score™ is 78/100 with 9 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 Merck KGaA (WBO:MRCK), the current Construction In Progress is €0 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 Merck KGaA (WBO:MRCK) Overvalued in 2026?

Based on GuruFocus' analysis, Merck KGaA stock appears to be overvalued. The current stock price of €146.30 is trading 4.5% above its estimated GF Value™ of €139.95. GuruFocus considers Merck KGaA to be Fairly Valued.

Key valuation signals for WBO:MRCK:

  • Construction In Progress: €0 Mil
  • GF Value™: €139.95 vs. price of €146.30 (4.5% above fair value)
  • GF Score™: 78/100 with 9 warning signs

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

Merck KGaA Business Description

Address Frankfurter Strasse 250, Darmstadt, HE, DEU, 64293
Merck KGaA operates in three main segments: Life Science, Electronics, and Healthcare. The Life Science segment provides laboratory consumables and instruments to researchers in academia and applied fields, including the biopharmaceutical industry. The Electronics segment offers specialty materials to manufacture a variety of products, such as semiconductors and flat-screen televisions. In the healthcare segment, Merck develops, manufactures, and sells branded pharmaceuticals with significant therapeutic concentrations in oncology, multiple sclerosis, and fertility. In 1995, the E. Merck KG family publicly sold part of the company, resulting in the current 30% public ownership of the firm.
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.

€146.30
Price
€139.95
GF Value