Novatech Industries (XPAR:MLNOV) Construction In Progress: €1.59 Mil (As of Dec. 2025)

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XPAR:MLNOV Novatech Industries XPAR:MLNOV
71 GF Score
Price €16.20
GF Value €11.88
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Novatech Industries Construction In Progress?

Novatech Industries XPAR:MLNOV 71 Construction In Progress is €1.59 Mil as of Dec. 2025. GuruFocus rates XPAR:MLNOV with a GF Score™ of 71/100 and a GF Value™ of €11.88 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Novatech Industries's quarterly construction in progress stayed the same from Dec. 2023 (€1.54 Mil) to Dec. 2024 (€1.54 Mil) but then increased from Dec. 2024 (€1.54 Mil) to Dec. 2025 (€1.59 Mil).

Novatech Industries's annual construction in progress stayed the same from Dec. 2023 (€1.54 Mil) to Dec. 2024 (€1.54 Mil) but then increased from Dec. 2024 (€1.54 Mil) to Dec. 2025 (€1.59 Mil).

Novatech Industries Construction In Progress Historical Data

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The historical data trend for Novatech Industries'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.

Novatech Industries Construction In Progress Chart

Novatech Industries 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 1.22 0.00 1.54 1.54 1.59

Novatech Industries Semi-Annual Data
Dec14 Dec15 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 Premium Member Only Premium Member Only 1.22 0.00 1.54 1.54 1.59
XPAR:MLNOV
71GF Score
Novatech Industries XPAR:MLNOV
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Novatech Industries 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 €1.59 Mil mean?
Novatech Industries (XPAR:MLNOV) has a Construction In Progress of €1.59 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Novatech Industries and its competitors.
Is Novatech Industries' Construction In Progress too high?
Novatech Industries' current Construction In Progress is €1.59 Mil. Overall, Novatech Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novatech Industries' Construction In Progress compare to APH and GLW?
Novatech Industries' Construction In Progress of €1.59 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Construction In Progress depends on the Hardware 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 Novatech Industries and its competitors. Novatech Industries's current Construction In Progress is €1.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novatech Industries stock overvalued right now?
Based on GuruFocus' analysis, Novatech Industries (XPAR:MLNOV) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.88, compared to a current price of €16.20 — trading 36.4% above its estimated fair value. The current Construction In Progress is €1.59 Mil. Novatech Industries' overall GF Score™ is 71/100 with 2 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 Novatech Industries (XPAR:MLNOV), the current Construction In Progress is €1.59 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 Novatech Industries (XPAR:MLNOV) Overvalued in 2026?

Based on GuruFocus' analysis, Novatech Industries stock appears to be overvalued. The current stock price of €16.20 is trading 36.4% above its estimated GF Value™ of €11.88. GuruFocus considers Novatech Industries to be Significantly Overvalued.

Key valuation signals for XPAR:MLNOV:

  • Construction In Progress: €1.59 Mil
  • GF Value™: €11.88 vs. price of €16.20 (36.4% above fair value)
  • GF Score™: 71/100 with 2 warning signs

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

Novatech Industries Business Description

Address 1 Rue Paul Sabatier, Lannion, FRA, 22300
Novatech Industries is engaged in electronic sub-contracting services. It operates in two main activities: the assembly of electric components supplied by contractors and the manufacture of electronic cards.
71GF Score

Get the complete analysis for XPAR:MLNOV

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

€16.20
Price
€11.88
GF Value