Novatech Industries (XPAR:MLNOV) Inventories, Work In Process: €7.28 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 Inventories, Work In Process?

Novatech Industries XPAR:MLNOV 71 Inventories, Work In Process is €7.28 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.

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. Novatech Industries's work in process for the quarter that ended in Dec. 2025 was €7.28 Mil.

Novatech Industries Inventories, Work In Process Historical Data

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The historical data trend for Novatech Industries'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.

Novatech Industries Inventories, Work In Process Chart

Novatech Industries 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 2.54 4.19 7.31 9.16 7.28

Novatech Industries Semi-Annual Data
Dec14 Dec15 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 Premium Member Only Premium Member Only 2.54 4.19 7.31 9.16 7.28
XPAR:MLNOV
71GF Score
Novatech Industries XPAR:MLNOV
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Novatech Industries 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 €7.28 Mil mean?
Novatech Industries (XPAR:MLNOV) has a Inventories, Work In Process of €7.28 Mil as of Dec. 2025. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Novatech Industries and its competitors.
Is Novatech Industries' Inventories, Work In Process too high?
Novatech Industries' current Inventories, Work In Process is €7.28 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' Inventories, Work In Process compare to APH and GLW?
Novatech Industries' Inventories, Work In Process of €7.28 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 Inventories, Work In Process for a Hardware company?
A good Inventories, Work In Process depends on the Hardware 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 Novatech Industries and its competitors. Novatech Industries's current Inventories, Work In Process is €7.28 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 Inventories, Work In Process is €7.28 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 Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Novatech Industries (XPAR:MLNOV), the current Inventories, Work In Process is €7.28 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:

  • Inventories, Work In Process: €7.28 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

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

€16.20
Price
€11.88
GF Value