AFMA (CAS:AFM) Construction In Progress: MAD0.0 Mil (As of Dec. 2025)


CAS:AFM AFMA SA CAS:AFM
84 GF Score
Price MAD1,240.00
GF Value MAD1,572.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is AFMA Construction In Progress?

AFMA CAS:AFM 84 Construction In Progress is MAD0.0 Mil as of Dec. 2025. GuruFocus rates CAS:AFM with a GF Score™ of 84/100 and a GF Value™ of MAD1,572.88 (Modestly Undervalued). The stock has 4 warning signs investors should review.

AFMA's annual construction in progress declined from Dec. 2023 (MAD1.3 Mil) to Dec. 2024 (MAD0.0 Mil) but then stayed the same from Dec. 2024 (MAD0.0 Mil) to Dec. 2025 (MAD0.0 Mil).

AFMA Construction In Progress Historical Data

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The historical data trend for AFMA's Construction In Progress 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 Construction In Progress Chart

AFMA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 2.35 1.29 0.00 0.00

AFMA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Construction In Progress 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 1.29 0.00 0.00 0.00 0.00
CAS:AFM
84GF Score
AFMA SA CAS:AFM
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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AFMA Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of MAD0.0 Mil mean?
AFMA (CAS:AFM) has a Construction In Progress of MAD0.0 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on AFMA and its competitors.
Is AFMA's Construction In Progress too high?
AFMA's current Construction In Progress is MAD0.0 Mil. Overall, AFMA has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AFMA's Construction In Progress compare to MRSH and AON?
AFMA's Construction In Progress of MAD0.0 Mil 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 Construction In Progress for an Insurance company?
A good Construction In Progress depends on the Insurance industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on AFMA and its competitors. AFMA's current Construction In Progress is MAD0.0 Mil. 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 MAD1,572.88, compared to a current price of MAD1,240.00 — trading 21.2% below its estimated fair value. The current Construction In Progress is MAD0.0 Mil. AFMA's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For AFMA (CAS:AFM), the current Construction In Progress is MAD0.0 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 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 21.2% below its estimated GF Value™ of MAD1,572.88. GuruFocus considers AFMA to be Modestly Undervalued.

Key valuation signals for CAS:AFM:

  • Construction In Progress: MAD0.0 Mil
  • GF Value™: MAD1,572.88 vs. price of MAD1,240.00 (21.2% below fair value)
  • GF Score™: 84/100 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.
84GF Score

Get the complete analysis for CAS:AFM

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

MAD1,240.00
Price
MAD1,572.88
GF Value