diff --git a/packages/core/src/di/r3_injector.ts b/packages/core/src/di/r3_injector.ts
index ab08322c81..f6af39c0c8 100644
--- a/packages/core/src/di/r3_injector.ts
+++ b/packages/core/src/di/r3_injector.ts
@@ -461,10 +461,10 @@ function getUndecoratedInjectableFactory(token: Function) {
 
 function providerToRecord(
     provider: SingleProvider, ngModuleType: InjectorType<any>, providers: any[]): Record<any> {
-  let factory: (() => any)|undefined = providerToFactory(provider, ngModuleType, providers);
   if (isValueProvider(provider)) {
     return makeRecord(undefined, provider.useValue);
   } else {
+    const factory: (() => any)|undefined = providerToFactory(provider, ngModuleType, providers);
     return makeRecord(factory, NOT_YET);
   }
 }