AFMA (CAS:AFM) Book Value per Share: MAD70.72 (As of Dec. 2025)


CAS:AFM AFMA SA CAS:AFM
26 GF Score
Price MAD1,240.00
GF Value MAD1,575.56
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is AFMA Book Value per Share?

AFMA CAS:AFM 26 Book Value per Share is MAD70.72 as of Dec. 2025. GuruFocus rates CAS:AFM with a GF Score™ of 26/100 and a GF Value™ of MAD1,575.56 (Modestly Undervalued). The stock has 4 warning signs investors should review.

AFMA's book value per share for the quarter that ended in Dec. 2025 was MAD70.72.

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 book value growth rate using book value per share data.

During the past 11 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 -4.60% per year.

AFMA's current price is MAD1240.00. Its book value per share for the quarter that ended in Dec. 2025 was MAD70.72. Hence, today's PB Ratio of AFMA is 17.53.

During the past 11 years, the highest P/B Ratio of AFMA was 45.60. The lowest was 13.39. And the median was 25.87.

Good Sign:

AFMA SA stock PB Ratio (=17.53) is close to 5-year low of 15.84.


AFMA  (CAS:AFM) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


AFMA Book Value per Share Related Terms


AFMA Book Value per Share Historical Data

* Premium members only.

The historical data trend for AFMA's Book Value per Share 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.

AFMA Book Value per Share Chart

AFMA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.42 45.80 50.84 0.00 70.72

AFMA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Book Value per Share 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 50.84 42.29 0.00 59.83 70.72

CAS:AFM vs MRSH, AON, AJG: Book Value per Share Comparison

For the Insurance Brokers subindustry, AFMA's PB Ratio, along with its competitors' market caps and PB Ratio 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 PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, AFMA's PB Ratio distribution charts can be found below:

* The bar in red indicates where AFMA's PB Ratio falls into.


CAS:AFM
26GF Score
AFMA SA CAS:AFM
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AFMA Book Value per Share Calculation

AFMA's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(70.4-0.0)/1.0
=70.72

AFMA's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(70.4-0.0)/1.0
=70.72

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of MAD70.72 mean?
AFMA (CAS:AFM) has a Book Value per Share of MAD70.72 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on AFMA and its competitors.
Is AFMA's Book Value per Share too high?
AFMA's current Book Value per Share is MAD70.72. Overall, AFMA has a GF Score™ of 26/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AFMA's Book Value per Share compare to MRSH and AON?
AFMA's Book Value per Share of MAD70.72 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Insurance company?
A good Book Value per Share depends on the Insurance industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on AFMA and its competitors. AFMA's current Book Value per Share is MAD70.72. 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 MAD1,575.56, compared to a current price of MAD1,240.00 — trading 21.3% below its estimated fair value. The current Book Value per Share is MAD70.72. AFMA's overall GF Score™ is 26/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For AFMA (CAS:AFM), the current Book Value per Share is MAD70.72 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 MAD1,240.00 is trading 21.3% below its estimated GF Value™ of MAD1,575.56. GuruFocus considers AFMA to be Modestly Undervalued.

Key valuation signals for CAS:AFM:

  • Book Value per Share: MAD70.72
  • GF Value™: MAD1,575.56 vs. price of MAD1,240.00 (21.3% below fair value)
  • GF Score™: 26/100 with 4 warning signs

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 Business Description

Address 22, Moulay Youssef bd, Casablanca, MAR, 20 070
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.
26GF Score

Get the complete analysis for CAS:AFM

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD1,240.00
Price
MAD1,575.56
GF Value