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A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. SODEP -Marsa Maroc's goodwill for the quarter that ended in Dec. 2025 was MAD38 Mil.
SODEP -Marsa Maroc (CAS:MSA) Goodwill Explanation
Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.
It is calculated by dividing goodwill by total assets.
SODEP -Marsa Maroc's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
SODEP -Marsa Maroc Goodwill Related Terms
SODEP -Marsa Maroc Goodwill Historical Data
* Premium members only.
The historical data trend for SODEP -Marsa Maroc's Goodwill 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.
A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.
SODEP -Marsa Maroc (CAS:MSA) has a Goodwill of MAD38 Mil as of Dec. 2025. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on SODEP -Marsa Maroc and its competitors.
Is SODEP -Marsa Maroc's Goodwill too high?
SODEP -Marsa Maroc's current Goodwill is MAD38 Mil. Overall, SODEP -Marsa Maroc has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SODEP -Marsa Maroc's Goodwill compare to KEX?
SODEP -Marsa Maroc's Goodwill of MAD38 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Transportation company?
A good Goodwill depends on the Transportation industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on SODEP -Marsa Maroc and its competitors. SODEP -Marsa Maroc's current Goodwill is MAD38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SODEP -Marsa Maroc stock overvalued right now?
Based on GuruFocus' analysis, SODEP -Marsa Maroc (CAS:MSA) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD551.32, compared to a current price of MAD865.00 — trading 56.9% above its estimated fair value. The current Goodwill is MAD38 Mil. SODEP -Marsa Maroc's overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For SODEP -Marsa Maroc (CAS:MSA), the current Goodwill is MAD38 Mil 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 SODEP -Marsa Maroc (CAS:MSA) Overvalued in 2026?
Based on GuruFocus' analysis, SODEP -Marsa Maroc stock appears to be overvalued.
The current stock price of MAD865.00 is trading 56.9% above its estimated GF Value™ of MAD551.32.
GuruFocus considers SODEP -Marsa Maroc to be Significantly Overvalued.
Key valuation signals for CAS:MSA:
Goodwill: MAD38 Mil
GF Value™: MAD551.32 vs. price of MAD865.00 (56.9% above fair value)
No single metric tells the full story. See the CAS:MSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.
88GF Score
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