Taqa Morocco (CAS:TQM) Equity-to-Asset: 0.33 (As of Dec. 2025) — 14% Above Median

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CAS:TQM Taqa Morocco SA CAS:TQM
69 GF Score
Price MAD1,860.00
GF Value MAD1,235.01
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Taqa Morocco Equity-to-Asset?

Taqa Morocco CAS:TQM +0.59% 69 Equity-to-Asset is 0.33 as of Dec. 2025, which is 14% above its 10-year median of 0.29. GuruFocus rates CAS:TQM with a GF Score™ of 69/100 and a GF Value™ of MAD1,235.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 457 Utilities - Independent Power Producers companies, Taqa Morocco ranks worse than 60.61% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taqa Morocco's Total Stockholders Equity for the quarter that ended in Dec. 2025 was MAD6,773 Mil. Taqa Morocco's Total Assets for the quarter that ended in Dec. 2025 was MAD20,300 Mil. Therefore, Taqa Morocco's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.33.

The historical rank and industry rank for Taqa Morocco's Equity-to-Asset or its related term are showing as below:

CAS:TQM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.29   Max: 0.33
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of Taqa Morocco was 0.33. The lowest was 0.23. And the median was 0.29.

CAS:TQM's Equity-to-Asset is ranked worse than
60.61% of 457 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs CAS:TQM: 0.33

Taqa Morocco  (CAS:TQM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Taqa Morocco Equity-to-Asset Related Terms


Taqa Morocco Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Taqa Morocco's Equity-to-Asset 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.

Taqa Morocco Equity-to-Asset Chart

Taqa Morocco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.28 0.29 0.32 0.33

Taqa Morocco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Equity-to-Asset 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 0.29 0.30 0.32 0.30 0.33

CAS:TQM vs CEG, VST, NRG: Equity-to-Asset Comparison

For the Utilities - Independent Power Producers subindustry, Taqa Morocco's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Taqa Morocco's Equity-to-Asset falls into.


CAS:TQM
69GF Score
Taqa Morocco SA CAS:TQM
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taqa Morocco Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Taqa Morocco's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=6772.744/20299.976
=0.33

Taqa Morocco's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=6772.744/20299.976
=0.33

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.33 mean?
Taqa Morocco (CAS:TQM) has a Equity-to-Asset of 0.33 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Taqa Morocco and its competitors. This is 14% above median its historical median of 0.29. Over the past decade, Taqa Morocco's Equity-to-Asset has ranged from 0.23 to 0.33. According to the industry distribution chart, Taqa Morocco ranks #277 out of 457 companies in the Utilities - Independent Power Producers industry, placing it in the top 60.6%.
Is Taqa Morocco's Equity-to-Asset too high?
Taqa Morocco's current Equity-to-Asset of 0.33 is 14% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.33. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Taqa Morocco's value of 0.33 is 19.5% below this industry median. Based on the distribution chart, Taqa Morocco ranks #277 out of 457 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Taqa Morocco has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taqa Morocco's Equity-to-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #277 out of 457 companies for Equity-to-Asset. This places Taqa Morocco in the lower half of its industry. The industry median Equity-to-Asset is 0.41. Taqa Morocco's value of 0.33 is 19.5% below this benchmark. Historically, Taqa Morocco's own Equity-to-Asset has ranged from 0.23 to 0.33 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.41, Taqa Morocco has consistently been below 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 Equity-to-Asset for an Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 457 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taqa Morocco's current Equity-to-Asset of 0.33 is 19.5% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current Equity-to-Asset is 0.33, which is 14% above median its own 10-year median of 0.29. 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 MAD1,235.01, compared to a current price of MAD1,860.00 — trading 50.6% above its estimated fair value. The current Equity-to-Asset is 0.33, which is 14% above median its 10-year median of 0.29 and 19.5% below the Utilities - Independent Power Producers industry median of 0.41. Taqa Morocco's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Taqa Morocco (CAS:TQM), the current Equity-to-Asset is 0.33 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 MAD1,860.00 is trading 50.6% above its estimated GF Value™ of MAD1,235.01. GuruFocus considers Taqa Morocco to be Significantly Overvalued.

Key valuation signals for CAS:TQM:

  • Equity-to-Asset: 0.33 (14% above median its 10-year median of 0.29)
  • GF Value™: MAD1,235.01 vs. price of MAD1,860.00 (50.6% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 19.5% below the Utilities - Independent Power Producers median (#277 of 457)

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 Business Description

Address B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
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.
69GF Score

Get the complete analysis for CAS:TQM

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

MAD1,860.00
Price
MAD1,235.01
GF Value