Societe des Boissons du Maroc (CAS:SBM) Gross Margin %: 80.36% (As of Dec. 2025) — Near Median


CAS:SBM Societe des Boissons du Maroc CAS:SBM
84 GF Score
Price MAD2,012.00
GF Value MAD2,567.14
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Societe des Boissons du Maroc Gross Margin %?

Societe des Boissons du Maroc CAS:SBM 84 Gross Margin % is 80.36% as of Dec. 2025, which is 1% above its 10-year median of 79.39. GuruFocus rates CAS:SBM with a GF Score™ of 84/100 and a GF Value™ of MAD2,567.14 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 205 Beverages - Alcoholic companies, Societe des Boissons du Maroc ranks better than 98.05% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Societe des Boissons du Maroc's Gross Profit for the six months ended in Dec. 2025 was MAD1,526 Mil. Societe des Boissons du Maroc's Revenue for the six months ended in Dec. 2025 was MAD1,899 Mil. Therefore, Societe des Boissons du Maroc's Gross Margin % for the quarter that ended in Dec. 2025 was 80.36%.


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

CAS:SBM' s Gross Margin % Range Over the Past 10 Years
Min: 77.24   Med: 79.39   Max: 83.01
Current: 81.29


During the past 13 years, the highest Gross Margin % of Societe des Boissons du Maroc was 83.01%. The lowest was 77.24%. And the median was 79.39%.

CAS:SBM's Gross Margin % is ranked better than
98.05% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 42.29 vs CAS:SBM: 81.29

Societe des Boissons du Maroc had a gross margin of 80.36% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Societe des Boissons du Maroc was 0.50% per year.


Societe des Boissons du Maroc  (CAS:SBM) 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

Societe des Boissons du Maroc had a gross margin of 80.36% 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.


Societe des Boissons du Maroc Gross Margin % Related Terms


Societe des Boissons du Maroc Gross Margin % Historical Data

* Premium members only.

The historical data trend for Societe des Boissons 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.

Societe des Boissons du Maroc Gross Margin % Chart

Societe des Boissons 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 79.22 78.65 79.02 77.24 81.29

Societe des Boissons du Maroc Semi-Annual Data
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 82.60 74.52 78.97 82.78 80.36

CAS:SBM vs BF.B: Gross Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Societe des Boissons 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.


Societe des Boissons du Maroc Gross Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Societe des Boissons du Maroc's Gross Margin % distribution charts can be found below:

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


CAS:SBM
84GF Score
Societe des Boissons du Maroc CAS:SBM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Societe des Boissons du Maroc Gross Margin % Calculation

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

Societe des Boissons 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 )
=2503.9 / 3080.236
=(Revenue - Cost of Goods Sold) / Revenue
=(3080.236 - 576.288) / 3080.236
=81.29 %

Societe des Boissons 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 )
=1526.2 / 1899.108
=(Revenue - Cost of Goods Sold) / Revenue
=(1899.108 - 372.904) / 1899.108
=80.36 %

* 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 80.36% mean?
Societe des Boissons du Maroc (CAS:SBM) has a Gross Margin % of 80.36% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Societe des Boissons du Maroc and its competitors. This is near median its historical median of 79.39. Over the past decade, Societe des Boissons du Maroc's Gross Margin % has ranged from 77.24 to 83.01. According to the industry distribution chart, Societe des Boissons du Maroc ranks #4 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 2%.
Is Societe des Boissons du Maroc's Gross Margin % too high?
Societe des Boissons du Maroc's current Gross Margin % of 80.36% is near median its 10-year median of 79.39. Over the past 10 years, this metric has ranged from a low of 77.24 to a high of 83.01. The Beverages - Alcoholic industry median Gross Margin % is 42.29. Societe des Boissons du Maroc's value of 80.36% is 90% above this industry median. Based on the distribution chart, Societe des Boissons du Maroc ranks #4 out of 205 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Societe des Boissons du Maroc has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Societe des Boissons du Maroc's Gross Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Societe des Boissons du Maroc ranks #4 out of 205 companies for Gross Margin %. This places Societe des Boissons du Maroc in the top 2% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 42.29. Societe des Boissons du Maroc's value of 80.36% is 90% above this benchmark. Historically, Societe des Boissons du Maroc's own Gross Margin % has ranged from 77.24 to 83.01 over the past decade. While the company's 10-year median is 79.39 vs. the industry median of 42.29, Societe des Boissons 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 Beverages - Alcoholic company?
The median Gross Margin % among Beverages - Alcoholic companies is 42.29, based on 205 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. Societe des Boissons du Maroc's current Gross Margin % of 80.36% is 90% 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 Societe des Boissons du Maroc and its competitors. For the Beverages - Alcoholic industry, the median Gross Margin % is 42.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societe des Boissons du Maroc's current Gross Margin % is 80.36%, which is near median its own 10-year median of 79.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe des Boissons du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Societe des Boissons du Maroc (CAS:SBM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD2,567.14, compared to a current price of MAD2,012.00 — trading 21.6% below its estimated fair value. The current Gross Margin % is 80.36%, which is near median its 10-year median of 79.39 and 90% above the Beverages - Alcoholic industry median of 42.29. Societe des Boissons du Maroc's overall GF Score™ is 84/100 with 2 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 Societe des Boissons du Maroc (CAS:SBM), the current Gross Margin % is 80.36% 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 Societe des Boissons du Maroc (CAS:SBM) Overvalued in 2026?

Based on GuruFocus' analysis, Societe des Boissons du Maroc stock appears to be undervalued. The current stock price of MAD2,012.00 is trading 21.6% below its estimated GF Value™ of MAD2,567.14. GuruFocus considers Societe des Boissons du Maroc to be Modestly Undervalued.

Key valuation signals for CAS:SBM:

  • Gross Margin %: 80.36% (near median its 10-year median of 79.39)
  • GF Value™: MAD2,567.14 vs. price of MAD2,012.00 (21.6% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 90% above the Beverages - Alcoholic median (#4 of 205)

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


Societe des Boissons du Maroc Business Description

Address No. 38 Boulevard Ain Ifrane, Lot Alamia, Sidi Moumen, Casablanca, MAR, 20400
Societe des Boissons du Maroc is a Morocco-based company engaged in the business of manufacturing wine, beer, soft drinks and mineral water.
84GF Score

Get the complete analysis for CAS:SBM

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

MAD2,012.00
Price
MAD2,567.14
GF Value