Maroc TelecomCAS:IAM 79 Gross Margin % is 74.58% as of Dec. 2025, which is 9% below its 10-year median of 81.75. 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 344 Telecommunication Services companies, Maroc Telecom ranks better than 90.12% on this metric.
The historical rank and industry rank for Maroc Telecom's Gross Margin % or its related term are showing as below:
CAS:IAM'
s Gross Margin % Range Over the Past 10 Years
Min: 79.49 Med: 81.75 Max: 85.66
Current: 80.52
During the past 13 years, the highestGross Margin % of Maroc Telecom was 85.66%. The lowest was 79.49%. And the median was 81.75%.
CAS:IAM's Gross Margin % is ranked better than 90.12% of 344
companies
in the Telecommunication Services industry
Industry Median: 51.415
vs CAS:IAM: 80.52
Maroc Telecom had a gross margin of 74.58% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Maroc Telecom was -0.80% per year.
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
Maroc Telecom had a gross margin of 74.58% 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.
Maroc Telecom Gross Margin % Related Terms
Maroc Telecom Gross Margin % Historical Data
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The historical data trend for Maroc Telecom'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.
For the Telecom Services subindustry, Maroc Telecom'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.
Maroc Telecom Gross Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Maroc Telecom's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Maroc Telecom's Gross Margin % 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.
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.
Maroc Telecom (CAS:IAM) has a Gross Margin % of 74.58% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Maroc Telecom and its competitors. This is near median its historical median of 81.75. Over the past decade, Maroc Telecom's Gross Margin % has ranged from 79.49 to 85.66. According to the industry distribution chart, Maroc Telecom ranks #34 out of 344 companies in the Telecommunication Services industry, placing it in the top 9.9%.
Is Maroc Telecom's Gross Margin % too high?
Maroc Telecom's current Gross Margin % of 74.58% is near median its 10-year median of 81.75. Over the past 10 years, this metric has ranged from a low of 79.49 to a high of 85.66. The Telecommunication Services industry median Gross Margin % is 51.42. Maroc Telecom's value of 74.58% is 45.1% above this industry median. Based on the distribution chart, Maroc Telecom ranks #34 out of 344 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 Gross Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Maroc Telecom ranks #34 out of 344 companies for Gross Margin %. This places Maroc Telecom in the top 10% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 51.42. Maroc Telecom's value of 74.58% is 45.1% above this benchmark. Historically, Maroc Telecom's own Gross Margin % has ranged from 79.49 to 85.66 over the past decade. While the company's 10-year median is 81.75 vs. the industry median of 51.42, 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 Gross Margin % for a Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.42, based on 344 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. Maroc Telecom's current Gross Margin % of 74.58% is 45.1% 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 Maroc Telecom and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maroc Telecom's current Gross Margin % is 74.58%, which is near median its own 10-year median of 81.75. 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 Gross Margin % is 74.58%, which is near median its 10-year median of 81.75 and 45.1% above the Telecommunication Services industry median of 51.42. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Maroc Telecom (CAS:IAM), the current Gross Margin % is 74.58% 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:
Gross Margin %: 74.58% (near median its 10-year median of 81.75)
GF Value™: MAD99.47 vs. price of MAD91.68 (7.8% below fair value)
Industry Position: 45.1% above the Telecommunication Services median (#34 of 344)
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 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
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