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SODEP -Marsa MarocCAS:MSA 88 Graham Number is MAD141.32 as of Dec. 2025, which is 100% below its 10-year median of 3.80. GuruFocus rates CAS:MSA with a GF Score™ of 88/100 and a GF Value™ of MAD551.32 (Significantly Overvalued). Among 742 Transportation companies, SODEP -Marsa Maroc ranks worse than 96.9% on this metric.
Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
As of today (2026-07-14), the stock price of SODEP -Marsa Maroc is MAD865.00. SODEP -Marsa Maroc's graham number for the quarter that ended in Dec. 2025 was MAD141.32. Therefore, SODEP -Marsa Maroc's Price to Graham Number ratio for today is 6.12.
The historical rank and industry rank for SODEP -Marsa Maroc's Graham Number or its related term are showing as below:
CAS:MSA'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 2.19 Med: 3.8 Max: 7.09
Current: 6.12
During the past 11 years, the highest Price to Graham Number ratio of SODEP -Marsa Maroc was 7.09. The lowest was 2.19. And the median was 3.80.
CAS:MSA's Price-to-Graham-Number is ranked worse than 96.9% of 742
companies
in the Transportation industry
Industry Median: 1.015
vs CAS:MSA: 6.12
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
SODEP -Marsa Maroc (CAS:MSA) Graham Number Explanation
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
SODEP -Marsa Maroc's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Dec. 2025 )
=
865.00
/
141.32
=
6.12
* 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.
Be Aware
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
SODEP -Marsa Maroc Graham Number Related Terms
SODEP -Marsa Maroc Graham Number Historical Data
* Premium members only.
The historical data trend for SODEP -Marsa Maroc's Graham Number 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 Marine Shipping subindustry, SODEP -Marsa Maroc's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.
SODEP -Marsa Maroc Price-to-Graham-Number vs Transportation Industry
For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where SODEP -Marsa Maroc's Price-to-Graham-Number falls into.
* 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.
SODEP -Marsa Maroc (CAS:MSA) has a Graham Number of MAD141.32 as of Dec. 2025. The Graham Number values a company based on its per-share earnings and book value. View historical data on SODEP -Marsa Maroc and its competitors. This is 3619% above median its historical median of 3.80. Over the past decade, SODEP -Marsa Maroc's Graham Number has ranged from 2.19 to 7.09. According to the industry distribution chart, SODEP -Marsa Maroc ranks #719 out of 742 companies in the Transportation industry, placing it in the top 96.9%.
Is SODEP -Marsa Maroc's Graham Number too high?
SODEP -Marsa Maroc's current Graham Number of MAD141.32 is 3619% above median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 2.19 to a high of 7.09. Based on the distribution chart, SODEP -Marsa Maroc ranks #719 out of 742 companies in the Transportation industry, which is in the bottom quartile relative to peers. 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 Graham Number compare to KEX?
According to the Transportation industry distribution chart, SODEP -Marsa Maroc ranks #719 out of 742 companies for Graham Number. This places SODEP -Marsa Maroc in the lower half of its industry. The industry median Graham Number is 1.02. Historically, SODEP -Marsa Maroc's own Graham Number has ranged from 2.19 to 7.09 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Transportation company?
The median Graham Number among Transportation companies is 1.02, based on 742 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on SODEP -Marsa Maroc and its competitors. For the Transportation industry, the median Graham Number is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SODEP -Marsa Maroc's current Graham Number is MAD141.32, which is 3619% above median its own 10-year median of 3.80. 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 Graham Number is MAD141.32, which is 3619% above median its 10-year median of 3.80. 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 Graham Number calculated?
Graham Number is calculated from a company's financial statements. For SODEP -Marsa Maroc (CAS:MSA), the current Graham Number is MAD141.32 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:
Graham Number: MAD141.32 (3619% above median its 10-year median of 3.80)
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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