Novem Group (WBO:NVM) Construction In Progress: €6.8 Mil (As of Mar. 2026)


What is Novem Group Construction In Progress?

Novem Group WBO:NVM +1.55% Construction In Progress is €6.8 Mil as of Mar. 2026. The stock has 6 warning signs investors should review.

Novem Group's quarterly construction in progress declined from Sep. 2025 (€7.4 Mil) to Dec. 2025 (€0.0 Mil) but then increased from Dec. 2025 (€0.0 Mil) to Mar. 2026 (€6.8 Mil).

Novem Group's annual construction in progress declined from Mar. 2024 (€7.7 Mil) to Mar. 2025 (€6.8 Mil) and declined from Mar. 2025 (€6.8 Mil) to Mar. 2026 (€6.8 Mil).

Novem Group Construction In Progress Historical Data

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The historical data trend for Novem 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.

Novem Group Construction In Progress Chart

Novem Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Construction In Progress
Get a 7-Day Free Trial 7.86 6.97 7.72 6.80 6.77

Novem Group 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 6.80 0.00 7.36 0.00 6.77

Novem 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 €6.8 Mil mean?
Novem Group (WBO:NVM) has a Construction In Progress of €6.8 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Novem Group and its competitors.
Is Novem Group's Construction In Progress too high?
Novem Group's current Construction In Progress is €6.8 Mil.
How does Novem Group's Construction In Progress compare to ORLY and AZO?
Novem Group's Construction In Progress of €6.8 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 Novem Group and its competitors. Novem Group's current Construction In Progress is €6.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novem Group stock overvalued right now?
Novem Group (WBO:NVM) has a current Construction In Progress of €6.8 Mil. The stock's GF Value™ is €7.63, compared to a current price of €2.62 — trading 65.7% below its estimated fair value. The current Construction In Progress is €6.8 Mil. 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 Novem Group (WBO:NVM), the current Construction In Progress is €6.8 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.

Novem Group Business Description

Other Exchanges 0ABP:UKNVM:Germany
Address Industriestrasse 45, Vorbach, DEU, 95519
Novem Group SA operates as a developer, supplier, and system supplier for trim parts and decorative functional elements in vehicle interiors. The products of the company are central consoles, dashboards, beltlines, and others. The company operates in three reportable geographical segments namely Europe, Americas, and Asia. The business activities of these segments include the production, processing, and sale of high-quality trims and decorative functional elements in vehicle interiors. The three reportable operating segments of the Group are Europe, Americas, and Asia.