Ciments du Maroc (CAS:CMA) Debt-to-Equity: 0.63 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:CMA Ciments du Maroc SA CAS:CMA
73 GF Score
Price MAD1,650.00
GF Value MAD2,564.29
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ciments du Maroc Debt-to-Equity?

Ciments du Maroc CAS:CMA +0.92% 73 Debt-to-Equity is 0.63 as of Dec. 2025. GuruFocus rates CAS:CMA with a GF Score™ of 73/100 and a GF Value™ of MAD2,564.29 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 366 Building Materials companies, Ciments du Maroc ranks worse than 70.77% on this metric.

Ciments du Maroc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was MAD0 Mil. Ciments du Maroc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was MAD2,369 Mil. Ciments du Maroc's Total Stockholders Equity for the quarter that ended in Dec. 2025 was MAD3,739 Mil. Ciments du Maroc's debt to equity for the quarter that ended in Dec. 2025 was 0.63.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ciments du Maroc's Debt-to-Equity or its related term are showing as below:

CAS:CMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.63
Current: 0.63

During the past 13 years, the highest Debt-to-Equity Ratio of Ciments du Maroc was 0.63. The lowest was 0.00. And the median was 0.00.

CAS:CMA's Debt-to-Equity is ranked worse than
70.77% of 366 companies
in the Building Materials industry
Industry Median: 0.355 vs CAS:CMA: 0.63

Ciments du Maroc  (CAS:CMA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ciments du Maroc Debt-to-Equity Related Terms


Ciments du Maroc Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ciments du Maroc's Debt-to-Equity 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.

Ciments du Maroc Debt-to-Equity Chart

Ciments du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.63

Ciments du Maroc Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity 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 0.00 0.00 0.00 0.00 0.63

CAS:CMA vs CRH, VMC, MLM: Debt-to-Equity Comparison

For the Building Materials subindustry, Ciments du Maroc's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Ciments du Maroc Debt-to-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Debt-to-Equity falls into.


CAS:CMA
73GF Score
Ciments du Maroc SA CAS:CMA
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ciments du Maroc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ciments du Maroc's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Ciments du Maroc's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.63 mean?
Ciments du Maroc (CAS:CMA) has a Debt-to-Equity of 0.63 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ciments du Maroc and its competitors. According to the industry distribution chart, Ciments du Maroc ranks #259 out of 366 companies in the Building Materials industry, placing it in the top 70.8%.
Is Ciments du Maroc's Debt-to-Equity too high?
Ciments du Maroc's current Debt-to-Equity is 0.63. The Building Materials industry median Debt-to-Equity is 0.36. Ciments du Maroc's value of 0.63 is 77.5% above this industry median. Based on the distribution chart, Ciments du Maroc ranks #259 out of 366 companies in the Building Materials industry, which is below the industry midpoint. Overall, Ciments du Maroc has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ciments du Maroc's Debt-to-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ciments du Maroc ranks #259 out of 366 companies for Debt-to-Equity. This places Ciments du Maroc in the lower half of its industry. The industry median Debt-to-Equity is 0.36. Ciments du Maroc's value of 0.63 is 77.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.36, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciments du Maroc's current Debt-to-Equity of 0.63 is 77.5% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ciments du Maroc and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciments du Maroc's current Debt-to-Equity is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciments du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Ciments du Maroc (CAS:CMA) is currently considered Significantly Undervalued. The stock's GF Value™ is MAD2,564.29, compared to a current price of MAD1,650.00 — trading 35.7% below its estimated fair value. The current Debt-to-Equity is 0.63 and 77.5% above the Building Materials industry median of 0.36. Ciments du Maroc's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Debt-to-Equity is 0.63 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 Ciments du Maroc (CAS:CMA) Overvalued in 2026?

Based on GuruFocus' analysis, Ciments du Maroc stock appears to be undervalued. The current stock price of MAD1,650.00 is trading 35.7% below its estimated GF Value™ of MAD2,564.29. GuruFocus considers Ciments du Maroc to be Significantly Undervalued.

Key valuation signals for CAS:CMA:

  • Debt-to-Equity: 0.63
  • GF Value™: MAD2,564.29 vs. price of MAD1,650.00 (35.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 77.5% above the Building Materials median (#259 of 366)

No single metric tells the full story. See the CAS:CMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ciments du Maroc Business Description

Address 621. Boulevard Panoramique, Casablanca, MAR, 20150
Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.
73GF Score

Get the complete analysis for CAS:CMA

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD1,650.00
Price
MAD2,564.29
GF Value