AFMACAS:AFM 26 EV-to-EBIT is 12.37 as of Jul. 11, 2026, which is 11% below its 10-year median of 13.92. GuruFocus rates CAS:AFM with a GF Score™ of 26/100 and a GF Value™ of MAD1,579.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 347 Insurance companies, AFMA ranks worse than 68.88% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AFMA's Enterprise Value is MAD1,329.1 Mil.
AFMA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MAD107.5 Mil. Therefore, AFMA's EV-to-EBIT for today is 12.37.
The historical rank and industry rank for AFMA's EV-to-EBIT or its related term are showing as below:
CAS:AFM'
s EV-to-EBIT Range Over the Past 10 Years
Min: 9.87 Med: 13.92 Max: 20.31
Current: 12.37
During the past 11 years, the highest EV-to-EBIT of AFMA was 20.31. The lowest was 9.87. And the median was 13.92.
CAS:AFM's EV-to-EBIT is ranked worse than 68.88% of 347
companies
in the Insurance industry
Industry Median: 8.63
vs CAS:AFM: 12.37
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
AFMA's Enterprise Value for the quarter that ended in Dec. 2025 was MAD1,357.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AFMA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MAD107.5 Mil.
* 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 EV-to-EBIT Related Terms
AFMA EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for AFMA's EV-to-EBIT 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 Insurance Brokers subindustry, AFMA's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Insurance Industry
For the Insurance industry and Financial Services sector, AFMA's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where AFMA's EV-to-EBIT falls into.
AFMA's current Enterprise Value is MAD1,329.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AFMA's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MAD107.5 Mil.
* 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 (CAS:AFM) has a EV-to-EBIT of 12.37 as of Jul. 11, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on AFMA and its competitors. This is 11% below median its historical median of 13.92. Over the past decade, AFMA's EV-to-EBIT has ranged from 9.87 to 20.31. According to the industry distribution chart, AFMA ranks #239 out of 347 companies in the Insurance industry, placing it in the top 68.9%.
Is AFMA's EV-to-EBIT too high?
AFMA's current EV-to-EBIT of 12.37 is 11% below median its 10-year median of 13.92. Over the past 10 years, this metric has ranged from a low of 9.87 to a high of 20.31. The Insurance industry median EV-to-EBIT is 8.63. AFMA's value of 12.37 is 43.3% above this industry median. Based on the distribution chart, AFMA ranks #239 out of 347 companies in the Insurance industry, which is below the industry midpoint. 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 EV-to-EBIT compare to MRSH and AON?
According to the Insurance industry distribution chart, AFMA ranks #239 out of 347 companies for EV-to-EBIT. This places AFMA in the lower half of its industry. The industry median EV-to-EBIT is 8.63. AFMA's value of 12.37 is 43.3% above this benchmark. Historically, AFMA's own EV-to-EBIT has ranged from 9.87 to 20.31 over the past decade. While the company's 10-year median is 13.92 vs. the industry median of 8.63, AFMA 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 EV-to-EBIT for an Insurance company?
The median EV-to-EBIT among Insurance companies is 8.63, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AFMA's current EV-to-EBIT of 12.37 is 43.3% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on AFMA and its competitors. For the Insurance industry, the median EV-to-EBIT is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AFMA's current EV-to-EBIT is 12.37, which is 11% below median its own 10-year median of 13.92. 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 MAD1,579.01, compared to a current price of MAD1,240.00 — trading 21.5% below its estimated fair value. The current EV-to-EBIT is 12.37, which is 11% below median its 10-year median of 13.92 and 43.3% above the Insurance industry median of 8.63. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For AFMA (CAS:AFM), the current EV-to-EBIT is 12.37 as of Jul. 11, 2026. 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 21.5% below its estimated GF Value™ of MAD1,579.01.
GuruFocus considers AFMA to be Modestly Undervalued.
Key valuation signals for CAS:AFM:
EV-to-EBIT: 12.37 (11% below median its 10-year median of 13.92)
GF Value™: MAD1,579.01 vs. price of MAD1,240.00 (21.5% below fair value)
Industry Position: 43.3% above the Insurance median (#239 of 347)
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 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
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