Maroc Telecom (CAS:IAM) FCF Margin %: 14.71% (As of Dec. 2025) — 21% Below Median


CAS:IAM Maroc Telecom SA CAS:IAM
79 GF Score
Price MAD91.68
GF Value MAD99.47
Valuation Fairly Valued
! 4 Warning Signs
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What is Maroc Telecom FCF Margin %?

Maroc Telecom CAS:IAM 79 FCF Margin % is 14.71% as of Dec. 2025, which is 21% below its 10-year median of 18.56. GuruFocus rates CAS:IAM with a GF Score™ of 79/100 and a GF Value™ of MAD99.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 367 Telecommunication Services companies, Maroc Telecom ranks better than 85.83% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Maroc Telecom's Free Cash Flow for the six months ended in Dec. 2025 was MAD2,913 Mil. Maroc Telecom's Revenue for the six months ended in Dec. 2025 was MAD19,801 Mil. Therefore, Maroc Telecom's FCF Margin % for the quarter that ended in Dec. 2025 was 14.71%.

As of today, Maroc Telecom's current FCF Yield % is 11.29%.

The historical rank and industry rank for Maroc Telecom's FCF Margin % or its related term are showing as below:

CAS:IAM' s FCF Margin % Range Over the Past 10 Years
Min: -0.17   Med: 18.56   Max: 24.03
Current: 24.03


During the past 13 years, the highest FCF Margin % of Maroc Telecom was 24.03%. The lowest was -0.17%. And the median was 18.56%.

CAS:IAM's FCF Margin % is ranked better than
85.83% of 367 companies
in the Telecommunication Services industry
Industry Median: 8.25 vs CAS:IAM: 24.03


Maroc Telecom FCF Margin % Related Terms


Maroc Telecom FCF Margin % Historical Data

* Premium members only.

The historical data trend for Maroc Telecom's FCF Margin % 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.

Maroc Telecom FCF Margin % Chart

Maroc Telecom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.45 13.40 13.38 -0.17 24.03

Maroc Telecom Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
FCF Margin % 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 13.93 15.42 -14.71 34.27 14.71

CAS:IAM vs TMUS, VZ, T: FCF Margin % Comparison

For the Telecom Services subindustry, Maroc Telecom's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.


Maroc Telecom FCF Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Maroc Telecom's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Maroc Telecom's FCF Margin % falls into.


CAS:IAM
79GF Score
Maroc Telecom SA CAS:IAM
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maroc Telecom FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Maroc Telecom's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=9095/37842
=24.03 %

Maroc Telecom's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=2913/19801
=14.71 %

* 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 FCF Margin % →
What does a FCF Margin % of 14.71% mean?
Maroc Telecom (CAS:IAM) has a FCF Margin % of 14.71% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Maroc Telecom and its competitors. This is 21% below median its historical median of 18.56. According to the industry distribution chart, Maroc Telecom ranks #52 out of 367 companies in the Telecommunication Services industry, placing it in the top 14.2%.
Is Maroc Telecom's FCF Margin % too high?
Maroc Telecom's current FCF Margin % of 14.71% is 21% below median its 10-year median of 18.56. The Telecommunication Services industry median FCF Margin % is 8.25. Maroc Telecom's value of 14.71% is 78.3% above this industry median. Based on the distribution chart, Maroc Telecom ranks #52 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Maroc Telecom has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maroc Telecom's FCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Maroc Telecom ranks #52 out of 367 companies for FCF Margin %. This places Maroc Telecom in the top 14% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 8.25. Maroc Telecom's value of 14.71% is 78.3% above this benchmark. While the company's 10-year median is 18.56 vs. the industry median of 8.25, Maroc Telecom 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 FCF Margin % for a Telecommunication Services company?
The median FCF Margin % among Telecommunication Services companies is 8.25, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maroc Telecom's current FCF Margin % of 14.71% is 78.3% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Maroc Telecom and its competitors. For the Telecommunication Services industry, the median FCF Margin % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maroc Telecom's current FCF Margin % is 14.71%, which is 21% below median its own 10-year median of 18.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maroc Telecom stock overvalued right now?
Based on GuruFocus' analysis, Maroc Telecom (CAS:IAM) is currently considered Fairly Valued. The stock's GF Value™ is MAD99.47, compared to a current price of MAD91.68 — trading 7.8% below its estimated fair value. The current FCF Margin % is 14.71%, which is 21% below median its 10-year median of 18.56 and 78.3% above the Telecommunication Services industry median of 8.25. Maroc Telecom's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Maroc Telecom (CAS:IAM), the current FCF Margin % is 14.71% 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 Maroc Telecom (CAS:IAM) Overvalued in 2026?

Based on GuruFocus' analysis, Maroc Telecom stock appears to be undervalued. The current stock price of MAD91.68 is trading 7.8% below its estimated GF Value™ of MAD99.47. GuruFocus considers Maroc Telecom to be Fairly Valued.

Key valuation signals for CAS:IAM:

  • FCF Margin %: 14.71% (21% below median its 10-year median of 18.56)
  • GF Value™: MAD99.47 vs. price of MAD91.68 (7.8% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 78.3% above the Telecommunication Services median (#52 of 367)

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


Maroc Telecom Business Description

Other Exchanges IAM:FranceMSPA:Germany
Address Avenue Annakhil, Hay Riad, Rabat, MAR
Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.
79GF Score

Get the complete analysis for CAS:IAM

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD91.68
Price
MAD99.47
GF Value