PNE AG (XTER:PNE3) Construction In Progress: €9.5 Mil (As of Mar. 2026)


XTER:PNE3 PNE AG XTER:PNE3
70 GF Score
Price €10.66
GF Value €27.07
Valuation Possible Value Trap
! 6 Warning Signs
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What is PNE AG Construction In Progress?

PNE AG XTER:PNE3 -0.37% 70 Construction In Progress is €9.5 Mil as of Mar. 2026. GuruFocus rates XTER:PNE3 with a GF Score™ of 70/100 and a GF Value™ of €27.07 (Possible Value Trap). The stock has 6 warning signs investors should review.

PNE AG's quarterly construction in progress declined from Sep. 2025 (€15.3 Mil) to Dec. 2025 (€13.4 Mil) and declined from Dec. 2025 (€13.4 Mil) to Mar. 2026 (€9.5 Mil).

PNE AG's annual construction in progress increased from Dec. 2023 (€13.9 Mil) to Dec. 2024 (€33.7 Mil) but then declined from Dec. 2024 (€33.7 Mil) to Dec. 2025 (€13.4 Mil).

PNE AG Construction In Progress Historical Data

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The historical data trend for PNE AG'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.

PNE AG Construction In Progress Chart

PNE AG 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 2.50 10.19 13.90 33.70 13.40

PNE AG 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 18.80 18.40 15.30 13.40 9.50
XTER:PNE3
70GF Score
PNE AG XTER:PNE3
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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PNE AG 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 €9.5 Mil mean?
PNE AG (XTER:PNE3) has a Construction In Progress of €9.5 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on PNE AG and its competitors.
Is PNE AG's Construction In Progress too high?
PNE AG's current Construction In Progress is €9.5 Mil. Overall, PNE AG has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PNE AG's Construction In Progress compare to competitors?
PNE AG's Construction In Progress of €9.5 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 PNE AG and its competitors. PNE AG's current Construction In Progress is €9.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE AG stock overvalued right now?
Based on GuruFocus' analysis, PNE AG (XTER:PNE3) is currently considered Possible Value Trap. The stock's GF Value™ is €27.07, compared to a current price of €10.66 — trading 60.6% below its estimated fair value. The current Construction In Progress is €9.5 Mil. PNE AG's overall GF Score™ is 70/100 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 PNE AG (XTER:PNE3), the current Construction In Progress is €9.5 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 PNE AG (XTER:PNE3) Overvalued in 2026?

Based on GuruFocus' analysis, PNE AG stock appears to be undervalued. The current stock price of €10.66 is trading 60.6% below its estimated GF Value™ of €27.07. GuruFocus considers PNE AG to be Possible Value Trap.

Key valuation signals for XTER:PNE3:

  • Construction In Progress: €9.5 Mil
  • GF Value™: €27.07 vs. price of €10.66 (60.6% below fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the XTER:PNE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PNE AG Business Description

Address Peter Henlein-Strasse 2-4, Cuxhaven, NI, DEU, 27472
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects), power generation, and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.
70GF Score

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

€10.66
Price
€27.07
GF Value