Ciments du Maroc (CAS:CMA) Earnings Yield (Joel Greenblatt) %: 7.35% (As of Dec. 2025) — 15% Above Median

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CAS:CMA Ciments du Maroc SA CAS:CMA
73 GF Score
Price MAD1,649.00
GF Value MAD2,572.22
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ciments du Maroc Earnings Yield (Joel Greenblatt) %?

Ciments du Maroc CAS:CMA +2.55% 73 Earnings Yield (Joel Greenblatt) % is 7.35% as of Dec. 2025, which is 15% above its 10-year median of 6.41. GuruFocus rates CAS:CMA with a GF Score™ of 73/100 and a GF Value™ of MAD2,572.22 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 416 Building Materials companies, Ciments du Maroc ranks better than 64.9% on this metric.

Ciments du Maroc's Enterprise Value for the quarter that ended in Dec. 2025 was MAD27,718 Mil. Ciments du Maroc's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MAD2,037 Mil. Ciments du Maroc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 7.35%.

The historical rank and industry rank for Ciments du Maroc's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

CAS:CMA' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.7   Med: 6.41   Max: 10.05
Current: 8.21

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ciments du Maroc was 10.05%. The lowest was 4.70%. And the median was 6.41%.

CAS:CMA's Earnings Yield (Joel Greenblatt) % is ranked better than
64.9% of 416 companies
in the Building Materials industry
Industry Median: 5.585 vs CAS:CMA: 8.21

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Ciments du Maroc's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 4.50%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Ciments du Maroc  (CAS:CMA) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Ciments du Maroc Earnings Yield (Joel Greenblatt) % Related Terms


Ciments du Maroc Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Ciments du Maroc's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart

Ciments du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.56 7.14 5.99 5.51 7.35

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
Earnings Yield (Joel Greenblatt) % 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 5.99 0.00 5.51 0.00 7.35

CAS:CMA vs CRH, VMC, MLM: Earnings Yield (Joel Greenblatt) % Comparison

For the Building Materials subindustry, Ciments du Maroc's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Earnings Yield (Joel Greenblatt) % falls into.


CAS:CMA
73GF Score
Ciments du Maroc SA CAS:CMA
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ciments du Maroc Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Ciments du Marocs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=2036.998/27718.411
=7.35 %

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.


What does a Earnings Yield (Joel Greenblatt) % of 7.35% mean?
Ciments du Maroc (CAS:CMA) has a Earnings Yield (Joel Greenblatt) % of 7.35% as of Dec. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ciments du Maroc and its competitors. This is 15% above median its historical median of 6.41. Over the past decade, Ciments du Maroc's Earnings Yield (Joel Greenblatt) % has ranged from 4.70 to 10.05. According to the industry distribution chart, Ciments du Maroc ranks #146 out of 416 companies in the Building Materials industry, placing it in the top 35.1%.
Is Ciments du Maroc's Earnings Yield (Joel Greenblatt) % too high?
Ciments du Maroc's current Earnings Yield (Joel Greenblatt) % of 7.35% is 15% above median its 10-year median of 6.41. Over the past 10 years, this metric has ranged from a low of 4.70 to a high of 10.05. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.59. Ciments du Maroc's value of 7.35% is 31.6% above this industry median. Based on the distribution chart, Ciments du Maroc ranks #146 out of 416 companies in the Building Materials industry, which is above 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 Earnings Yield (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ciments du Maroc ranks #146 out of 416 companies for Earnings Yield (Joel Greenblatt) %. This puts Ciments du Maroc in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.59. Ciments du Maroc's value of 7.35% is 31.6% above this benchmark. Historically, Ciments du Maroc's own Earnings Yield (Joel Greenblatt) % has ranged from 4.70 to 10.05 over the past decade. While the company's 10-year median is 6.41 vs. the industry median of 5.59, Ciments du Maroc 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 Earnings Yield (Joel Greenblatt) % for a Building Materials company?
The median Earnings Yield (Joel Greenblatt) % among Building Materials companies is 5.59, based on 416 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciments du Maroc's current Earnings Yield (Joel Greenblatt) % of 7.35% is 31.6% 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ciments du Maroc and its competitors. For the Building Materials industry, the median Earnings Yield (Joel Greenblatt) % is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciments du Maroc's current Earnings Yield (Joel Greenblatt) % is 7.35%, which is 15% above median its own 10-year median of 6.41. 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 MAD2,572.22, compared to a current price of MAD1,649.00 — trading 35.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.35%, which is 15% above median its 10-year median of 6.41 and 31.6% above the Building Materials industry median of 5.59. 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 Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Earnings Yield (Joel Greenblatt) % is 7.35% 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 MAD1,649.00 is trading 35.9% below its estimated GF Value™ of MAD2,572.22. GuruFocus considers Ciments du Maroc to be Significantly Undervalued.

Key valuation signals for CAS:CMA:

  • Earnings Yield (Joel Greenblatt) %: 7.35% (15% above median its 10-year median of 6.41)
  • GF Value™: MAD2,572.22 vs. price of MAD1,649.00 (35.9% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 31.6% above the Building Materials median (#146 of 416)

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

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD1,649.00
Price
MAD2,572.22
GF Value