Ciments du Maroc (CAS:CMA) Gross Margin %: 51.78% (As of Dec. 2025) — Near Median


CAS:CMA Ciments du Maroc SA CAS:CMA
73 GF Score
Price MAD1,622.00
GF Value MAD2,557.94
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Ciments du Maroc Gross Margin %?

Ciments du Maroc CAS:CMA +0.12% 73 Gross Margin % is 51.78% as of Dec. 2025, which is 1% below its 10-year median of 52.05. GuruFocus rates CAS:CMA with a GF Score™ of 73/100 and a GF Value™ of MAD2,557.94 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 396 Building Materials companies, Ciments du Maroc ranks better than 85.86% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Ciments du Maroc's Gross Profit for the six months ended in Dec. 2025 was MAD1,686 Mil. Ciments du Maroc's Revenue for the six months ended in Dec. 2025 was MAD3,256 Mil. Therefore, Ciments du Maroc's Gross Margin % for the quarter that ended in Dec. 2025 was 51.78%.

Warning Sign:

Ciments du Maroc SA gross margin has been in long-term decline. The average rate of decline per year is -2%.


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

CAS:CMA' s Gross Margin % Range Over the Past 10 Years
Min: 43.81   Med: 52.05   Max: 56.78
Current: 49.29


During the past 13 years, the highest Gross Margin % of Ciments du Maroc was 56.78%. The lowest was 43.81%. And the median was 52.05%.

CAS:CMA's Gross Margin % is ranked better than
85.86% of 396 companies
in the Building Materials industry
Industry Median: 26.19 vs CAS:CMA: 49.29

Ciments du Maroc had a gross margin of 51.78% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Ciments du Maroc was -2.00% per year.


Ciments du Maroc  (CAS:CMA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ciments du Maroc had a gross margin of 51.78% for the quarter that ended in Dec. 2025 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Ciments du Maroc Gross Margin % Related Terms


Ciments du Maroc Gross Margin % Historical Data

* Premium members only.

The historical data trend for Ciments du Maroc's Gross 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.

Ciments du Maroc Gross Margin % Chart

Ciments du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.55 43.81 47.77 49.23 49.29

Ciments du Maroc Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Gross 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 48.87 47.10 51.02 45.60 51.78

CAS:CMA vs CRH, VMC, MLM: Gross Margin % Comparison

For the Building Materials subindustry, Ciments du Maroc's Gross Margin %, along with its competitors' market caps and Gross 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.


Ciments du Maroc Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Gross Margin % falls into.


CAS:CMA
73GF Score
Ciments du Maroc SA CAS:CMA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ciments du Maroc Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Ciments du Maroc's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2690.5 / 5458.828
=(Revenue - Cost of Goods Sold) / Revenue
=(5458.828 - 2768.329) / 5458.828
=49.29 %

Ciments du Maroc's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1686 / 3256.116
=(Revenue - Cost of Goods Sold) / Revenue
=(3256.116 - 1570.108) / 3256.116
=51.78 %

* 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 positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 51.78% mean?
Ciments du Maroc (CAS:CMA) has a Gross Margin % of 51.78% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Ciments du Maroc and its competitors. This is near median its historical median of 52.05. Over the past decade, Ciments du Maroc's Gross Margin % has ranged from 43.81 to 56.78. According to the industry distribution chart, Ciments du Maroc ranks #56 out of 396 companies in the Building Materials industry, placing it in the top 14.1%.
Is Ciments du Maroc's Gross Margin % too high?
Ciments du Maroc's current Gross Margin % of 51.78% is near median its 10-year median of 52.05. Over the past 10 years, this metric has ranged from a low of 43.81 to a high of 56.78. The Building Materials industry median Gross Margin % is 26.19. Ciments du Maroc's value of 51.78% is 97.7% above this industry median. Based on the distribution chart, Ciments du Maroc ranks #56 out of 396 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Ciments du Maroc has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ciments du Maroc's Gross Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ciments du Maroc ranks #56 out of 396 companies for Gross Margin %. This places Ciments du Maroc in the top 14% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.19. Ciments du Maroc's value of 51.78% is 97.7% above this benchmark. Historically, Ciments du Maroc's own Gross Margin % has ranged from 43.81 to 56.78 over the past decade. While the company's 10-year median is 52.05 vs. the industry median of 26.19, Ciments du Maroc 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 Gross Margin % for a Building Materials company?
The median Gross Margin % among Building Materials companies is 26.19, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciments du Maroc's current Gross Margin % of 51.78% is 97.7% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Ciments du Maroc and its competitors. For the Building Materials industry, the median Gross Margin % is 26.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciments du Maroc's current Gross Margin % is 51.78%, which is near median its own 10-year median of 52.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciments du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Ciments du Maroc (CAS:CMA) is currently considered Significantly Undervalued. The stock's GF Value™ is MAD2,557.94, compared to a current price of MAD1,622.00 — trading 36.6% below its estimated fair value. The current Gross Margin % is 51.78%, which is near median its 10-year median of 52.05 and 97.7% above the Building Materials industry median of 26.19. Ciments du Maroc's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Gross Margin % is 51.78% 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 Ciments du Maroc (CAS:CMA) Overvalued in 2026?

Based on GuruFocus' analysis, Ciments du Maroc stock appears to be undervalued. The current stock price of MAD1,622.00 is trading 36.6% below its estimated GF Value™ of MAD2,557.94. GuruFocus considers Ciments du Maroc to be Significantly Undervalued.

Key valuation signals for CAS:CMA:

  • Gross Margin %: 51.78% (near median its 10-year median of 52.05)
  • GF Value™: MAD2,557.94 vs. price of MAD1,622.00 (36.6% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 97.7% above the Building Materials median (#56 of 396)

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


Ciments du Maroc Business Description

Address 621. Boulevard Panoramique, Casablanca, MAR, 20150
Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.
73GF Score

Get the complete analysis for CAS:CMA

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

MAD1,622.00
Price
MAD2,557.94
GF Value