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AFMACAS:AFM 90 3-Year Book Growth Rate is 15.60% as of Dec. 2025, which is 2129% above its 10-year median of 0.70. GuruFocus rates CAS:AFM with a GF Score™ of 90/100 and a GF Value™ of MAD1,590.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 484 Insurance companies, AFMA ranks better than 75.41% on this metric.
During the past 3 years, the average Book Value per Share Growth Rate was 15.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 12 years, the highest 3-Year average Book Value per Share Growth Rate of AFMA was 19.40% per year. The lowest was -25.80% per year. And the median was 0.70% per year.
AFMA (CAS:AFM) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
AFMA 3-Year Book Growth Rate Related Terms
CAS:AFM vs MRSH, AON, AJG: 3-Year Book Growth Rate Comparison
For the Insurance Brokers subindustry, AFMA's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AFMA 3-Year Book Growth Rate vs Insurance Industry
For the Insurance industry and Financial Services sector, AFMA's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where AFMA's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 15.60% mean?
AFMA (CAS:AFM) has a 3-Year Book Growth Rate of 15.60% as of Dec. 2025. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for AFMA and its competitors. This is 2129% above median its historical median of 0.70. According to the industry distribution chart, AFMA ranks #119 out of 484 companies in the Insurance industry, placing it in the top 24.6%.
Is AFMA's 3-Year Book Growth Rate too high?
AFMA's current 3-Year Book Growth Rate of 15.60% is 2129% above median its 10-year median of 0.70. The Insurance industry median 3-Year Book Growth Rate is 8.40. AFMA's value of 15.60% is 85.7% above this industry median. Based on the distribution chart, AFMA ranks #119 out of 484 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, AFMA has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AFMA's 3-Year Book Growth Rate compare to MRSH and AON?
According to the Insurance industry distribution chart, AFMA ranks #119 out of 484 companies for 3-Year Book Growth Rate. This places AFMA in the top 25% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 8.40. AFMA's value of 15.60% is 85.7% above this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 8.40, AFMA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Insurance company?
The median 3-Year Book Growth Rate among Insurance companies is 8.40, based on 484 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AFMA's current 3-Year Book Growth Rate of 15.60% is 85.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for AFMA and its competitors. For the Insurance industry, the median 3-Year Book Growth Rate is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AFMA's current 3-Year Book Growth Rate is 15.60%, which is 2129% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AFMA stock overvalued right now?
Based on GuruFocus' analysis, AFMA (CAS:AFM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD1,590.52, compared to a current price of MAD1,279.00 — trading 19.6% below its estimated fair value. The current 3-Year Book Growth Rate is 15.60%, which is 2129% above median its 10-year median of 0.70 and 85.7% above the Insurance industry median of 8.40. AFMA's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For AFMA (CAS:AFM), the current 3-Year Book Growth Rate is 15.60% 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 AFMA (CAS:AFM) Overvalued in 2026?
Based on GuruFocus' analysis, AFMA stock appears to be undervalued.
The current stock price of MAD1,279.00 is trading 19.6% below its estimated GF Value™ of MAD1,590.52.
GuruFocus considers AFMA to be Modestly Undervalued.
Key valuation signals for CAS:AFM:
3-Year Book Growth Rate: 15.60% (2129% above median its 10-year median of 0.70)
GF Value™: MAD1,590.52 vs. price of MAD1,279.00 (19.6% below fair value)
Industry Position: 85.7% above the Insurance median (#119 of 484)
No single metric tells the full story. See the CAS:AFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AFMA SA provides insurance brokerage services in Morocco. It offers insurance products including Damage Insurance, Insurance Operating Losses, Civil Responsibilities, Car insurance, Transport Insurance, Construction-Related Insurance, Insurance of Persons and Credit insurance. It provides insurance services to both individuals and corporate clients.
90GF Score
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