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Taqa MoroccoCAS:TQM +2.45%75 Earnings Yield (Joel Greenblatt) % is 4.33% as of Dec. 2025, which is 45% below its 10-year median of 7.91. GuruFocus rates CAS:TQM with a GF Score™ of 75/100 and a GF Value™ of MAD1,146.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 485 Utilities - Independent Power Producers companies, Taqa Morocco ranks better than 59.38% on this metric.
Taqa Morocco's Enterprise Value for the quarter that ended in Dec. 2025 was MAD57,145 Mil.
Taqa Morocco's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MAD2,474 Mil. Taqa Morocco's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2025 was 4.33%.
The historical rank and industry rank for Taqa Morocco's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
CAS:TQM'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.28 Med: 7.91 Max: 9.81
Current: 4.9
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Taqa Morocco was 9.81%. The lowest was 3.28%. And the median was 7.91%.
CAS:TQM's Earnings Yield (Joel Greenblatt) % is ranked better than 59.38% of 485
companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.34
vs CAS:TQM: 4.90
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) %. Taqa Morocco's Forward Rate of Return (Yacktman) % for the quarter that ended in Dec. 2025 was 4.39%. 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.
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.
Taqa Morocco Earnings Yield (Joel Greenblatt) % Related Terms
Taqa Morocco Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Taqa Morocco'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.
For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.
Taqa Morocco Earnings Yield (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Taqa Morocco's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Taqa Moroccos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
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 4.33% mean?
Taqa Morocco (CAS:TQM) has a Earnings Yield (Joel Greenblatt) % of 4.33% 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 Taqa Morocco and its competitors. This is 45% below median its historical median of 7.91. Over the past decade, Taqa Morocco's Earnings Yield (Joel Greenblatt) % has ranged from 3.28 to 9.81. According to the industry distribution chart, Taqa Morocco ranks #197 out of 485 companies in the Utilities - Independent Power Producers industry, placing it in the top 40.6%.
Is Taqa Morocco's Earnings Yield (Joel Greenblatt) % too high?
Taqa Morocco's current Earnings Yield (Joel Greenblatt) % of 4.33% is 45% below median its 10-year median of 7.91. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 9.81. The Utilities - Independent Power Producers industry median Earnings Yield (Joel Greenblatt) % is 3.34. Taqa Morocco's value of 4.33% is 29.6% above this industry median. Based on the distribution chart, Taqa Morocco ranks #197 out of 485 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Taqa Morocco has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taqa Morocco's Earnings Yield (Joel Greenblatt) % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #197 out of 485 companies for Earnings Yield (Joel Greenblatt) %. This puts Taqa Morocco in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.34. Taqa Morocco's value of 4.33% is 29.6% above this benchmark. Historically, Taqa Morocco's own Earnings Yield (Joel Greenblatt) % has ranged from 3.28 to 9.81 over the past decade. While the company's 10-year median is 7.91 vs. the industry median of 3.34, Taqa Morocco 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 an Utilities - Independent Power Producers company?
The median Earnings Yield (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 3.34, based on 485 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. Taqa Morocco's current Earnings Yield (Joel Greenblatt) % of 4.33% is 29.6% 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 Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median Earnings Yield (Joel Greenblatt) % is 3.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current Earnings Yield (Joel Greenblatt) % is 4.33%, which is 45% below median its own 10-year median of 7.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taqa Morocco stock overvalued right now?
Based on GuruFocus' analysis, Taqa Morocco (CAS:TQM) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD1,146.95, compared to a current price of MAD1,838.00 — trading 60.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.33%, which is 45% below median its 10-year median of 7.91 and 29.6% above the Utilities - Independent Power Producers industry median of 3.34. Taqa Morocco's overall GF Score™ is 75/100 with 5 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 Taqa Morocco (CAS:TQM), the current Earnings Yield (Joel Greenblatt) % is 4.33% 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 Taqa Morocco (CAS:TQM) Overvalued in 2026?
Based on GuruFocus' analysis, Taqa Morocco stock appears to be overvalued.
The current stock price of MAD1,838.00 is trading 60.3% above its estimated GF Value™ of MAD1,146.95.
GuruFocus considers Taqa Morocco to be Significantly Overvalued.
Key valuation signals for CAS:TQM:
Earnings Yield (Joel Greenblatt) %: 4.33% (45% below median its 10-year median of 7.91)
GF Value™: MAD1,146.95 vs. price of MAD1,838.00 (60.3% above fair value)
Industry Position: 29.6% above the Utilities - Independent Power Producers median (#197 of 485)
No single metric tells the full story. See the CAS:TQM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.
75GF Score
Get the complete analysis for CAS:TQM
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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