Hod-Assaf Industries (XTAE:HOD) Construction In Progress: ₪28 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:HOD Hod-Assaf Industries Ltd XTAE:HOD
52 GF Score
Price ₪32.81
GF Value ₪44.48
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Hod-Assaf Industries Construction In Progress?

Hod-Assaf Industries XTAE:HOD +0.03% 52 Construction In Progress is ₪28 Mil as of Mar. 2026. GuruFocus rates XTAE:HOD with a GF Score™ of 52/100 and a GF Value™ of ₪44.48 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Hod-Assaf Industries's quarterly construction in progress declined from Sep. 2025 (₪23 Mil) to Dec. 2025 (₪22 Mil) but then increased from Dec. 2025 (₪22 Mil) to Mar. 2026 (₪28 Mil).

Hod-Assaf Industries's annual construction in progress increased from Dec. 2023 (₪3 Mil) to Dec. 2024 (₪6 Mil) and increased from Dec. 2024 (₪6 Mil) to Dec. 2025 (₪22 Mil).

Hod-Assaf Industries Construction In Progress Historical Data

* Premium members only.

The historical data trend for Hod-Assaf 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.

Hod-Assaf Industries Construction In Progress Chart

Hod-Assaf 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 0.47 4.04 2.65 6.16 21.51

Hod-Assaf Industries Quarterly Data
Dec20 Jun21 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 5.47 19.05 22.52 21.51 27.78
XTAE:HOD
52GF Score
Hod-Assaf Industries Ltd XTAE:HOD
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hod-Assaf 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 ₪28 Mil mean?
Hod-Assaf Industries (XTAE:HOD) has a Construction In Progress of ₪28 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Hod-Assaf Industries and its competitors.
Is Hod-Assaf Industries' Construction In Progress too high?
Hod-Assaf Industries' current Construction In Progress is ₪28 Mil. Overall, Hod-Assaf Industries has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hod-Assaf Industries' Construction In Progress compare to NUE and STLD?
Hod-Assaf Industries' Construction In Progress of ₪28 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 Hod-Assaf Industries and its competitors. Hod-Assaf Industries's current Construction In Progress is ₪28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hod-Assaf Industries stock overvalued right now?
Based on GuruFocus' analysis, Hod-Assaf Industries (XTAE:HOD) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪44.48, compared to a current price of ₪32.81 — trading 26.2% below its estimated fair value. The current Construction In Progress is ₪28 Mil. Hod-Assaf Industries' overall GF Score™ is 52/100 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 Hod-Assaf Industries (XTAE:HOD), the current Construction In Progress is ₪28 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 Hod-Assaf Industries (XTAE:HOD) Overvalued in 2026?

Based on GuruFocus' analysis, Hod-Assaf Industries stock appears to be undervalued. The current stock price of ₪32.81 is trading 26.2% below its estimated GF Value™ of ₪44.48. GuruFocus considers Hod-Assaf Industries to be Modestly Undervalued.

Key valuation signals for XTAE:HOD:

  • Construction In Progress: ₪28 Mil
  • GF Value™: ₪44.48 vs. price of ₪32.81 (26.2% below fair value)
  • GF Score™: 52/100 with 6 warning signs

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

Hod-Assaf Industries Business Description

Address P.O. Box 493, Akko, ISR, 24100
Hod-Assaf Industries Ltd produces, processes and sells concrete reinforcement steel products. The company produces steel, steel wire, welded nuts, fencing products. Its products are used for the construction, infrastructure, defense and agriculture industries. It operates steel production and processing plants in Acre and Kiryat Gat.
52GF Score

Get the complete analysis for XTAE:HOD

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

₪32.81
Price
₪44.48
GF Value