Makstil AD (XMAE:STIL) Inventories, Work In Process: MKD1,384 Mil (As of Dec. 2025)

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.

XMAE:STIL Makstil AD XMAE:STIL
77 GF Score
Price MKD116.00
GF Value MKD107.51
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Makstil AD Inventories, Work In Process?

Makstil AD XMAE:STIL 77 Inventories, Work In Process is MKD1,384 Mil as of Dec. 2025. GuruFocus rates XMAE:STIL with a GF Score™ of 77/100 and a GF Value™ of MKD107.51 (Fairly Valued). The stock has 4 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Makstil AD's work in process for the quarter that ended in Dec. 2025 was MKD1,384 Mil.


Makstil AD Inventories, Work In Process Historical Data

* Premium members only.

The historical data trend for Makstil AD's Inventories, Work In Process 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.

Makstil AD Inventories, Work In Process Chart

Makstil AD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 853.23 823.75 1,154.85 1,252.63 1,384.17

Makstil AD Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Dec25
Inventories, Work In Process 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 1,252.63 0.00 1,384.17
XMAE:STIL
77GF Score
Makstil AD XMAE:STIL
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makstil AD Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of MKD1,384 Mil mean?
Makstil AD (XMAE:STIL) has a Inventories, Work In Process of MKD1,384 Mil as of Dec. 2025. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Makstil AD and its competitors.
Is Makstil AD's Inventories, Work In Process too high?
Makstil AD's current Inventories, Work In Process is MKD1,384 Mil. Overall, Makstil AD has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Makstil AD's Inventories, Work In Process compare to NUE and STLD?
Makstil AD's Inventories, Work In Process of MKD1,384 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 Inventories, Work In Process for a Steel company?
A good Inventories, Work In Process depends on the Steel industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Makstil AD and its competitors. Makstil AD's current Inventories, Work In Process is MKD1,384 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makstil AD stock overvalued right now?
Based on GuruFocus' analysis, Makstil AD (XMAE:STIL) is currently considered Fairly Valued. The stock's GF Value™ is MKD107.51, compared to a current price of MKD116.00 — trading 7.9% above its estimated fair value. The current Inventories, Work In Process is MKD1,384 Mil. Makstil AD's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Makstil AD (XMAE:STIL), the current Inventories, Work In Process is MKD1,384 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 Makstil AD (XMAE:STIL) Overvalued in 2026?

Based on GuruFocus' analysis, Makstil AD stock appears to be overvalued. The current stock price of MKD116.00 is trading 7.9% above its estimated GF Value™ of MKD107.51. GuruFocus considers Makstil AD to be Fairly Valued.

Key valuation signals for XMAE:STIL:

  • Inventories, Work In Process: MKD1,384 Mil
  • GF Value™: MKD107.51 vs. price of MKD116.00 (7.9% above fair value)
  • GF Score™: 77/100 with 4 warning signs

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


Makstil AD Business Description

Address 16 Makedonska brigada, 18, Skopje, MKD, 1000
Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.
77GF Score

Get the complete analysis for XMAE:STIL

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

MKD116.00
Price
MKD107.51
GF Value