Ciments du Maroc (CAS:CMA) Interest Coverage: 20.94 (As of Dec. 2025) — 95% Below 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 Interest Coverage?

Ciments du Maroc CAS:CMA +0.12% 73 Interest Coverage is 20.94 as of Dec. 2025, which is 95% below its 10-year median of 424.55. 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 307 Building Materials companies, Ciments du Maroc ranks better than 81.43% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Ciments du Maroc's Operating Income for the six months ended in Dec. 2025 was MAD1,226 Mil. Ciments du Maroc's Interest Expense for the six months ended in Dec. 2025 was MAD-59 Mil. Ciments du Maroc's interest coverage for the quarter that ended in Dec. 2025 was 20.94. The higher the ratio, the stronger the company's financial strength is.

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

CAS:CMA' s Interest Coverage Range Over the Past 10 Years
Min: 1.02   Med: 424.55   Max: 1107.28
Current: 34.85


CAS:CMA's Interest Coverage is ranked better than
81.43% of 307 companies
in the Building Materials industry
Industry Median: 6.61 vs CAS:CMA: 34.85

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Ciments du Maroc  (CAS:CMA) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Ciments du Maroc Interest Coverage Related Terms


Ciments du Maroc Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ciments du Maroc's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Ciments du Maroc Interest Coverage Chart

Ciments du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 464.40 372.21 606.08 1,107.28 36.61

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
Interest Coverage 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 No Debt No Debt No Debt No Debt 20.94

CAS:CMA vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Ciments du Maroc's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Building Materials Industry

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

* The bar in red indicates where Ciments du Maroc's Interest Coverage falls into.


CAS:CMA
73GF Score
Ciments du Maroc SA CAS:CMA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ciments du Maroc Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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

Here, for the fiscal year that ended in Dec. 2025, Ciments du Maroc's Interest Expense was MAD-56 Mil. Its Operating Income was MAD2,041 Mil. And its Long-Term Debt & Capital Lease Obligation was MAD2,369 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2040.819/-55.751
=36.61

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

Here, for the six months ended in Dec. 2025, Ciments du Maroc's Interest Expense was MAD-59 Mil. Its Operating Income was MAD1,226 Mil. And its Long-Term Debt & Capital Lease Obligation was MAD2,369 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1226.279/-58.56
=20.94

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 20.94 mean?
Ciments du Maroc (CAS:CMA) has a Interest Coverage of 20.94 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ciments du Maroc and its competitors. This is 95% below median its historical median of 424.55. Over the past decade, Ciments du Maroc's Interest Coverage has ranged from 1.02 to 1,107.28. According to the industry distribution chart, Ciments du Maroc ranks #57 out of 307 companies in the Building Materials industry, placing it in the top 18.6%.
Is Ciments du Maroc's Interest Coverage too high?
Ciments du Maroc's current Interest Coverage of 20.94 is 95% below median its 10-year median of 424.55. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 1,107.28. The Building Materials industry median Interest Coverage is 6.61. Ciments du Maroc's value of 20.94 is 216.8% above this industry median. Based on the distribution chart, Ciments du Maroc ranks #57 out of 307 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 Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ciments du Maroc ranks #57 out of 307 companies for Interest Coverage. This places Ciments du Maroc in the top 19% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.61. Ciments du Maroc's value of 20.94 is 216.8% above this benchmark. Historically, Ciments du Maroc's own Interest Coverage has ranged from 1.02 to 1,107.28 over the past decade. While the company's 10-year median is 424.55 vs. the industry median of 6.61, 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 Interest Coverage for a Building Materials company?
The median Interest Coverage among Building Materials companies is 6.61, based on 307 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciments du Maroc's current Interest Coverage of 20.94 is 216.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ciments du Maroc and its competitors. For the Building Materials industry, the median Interest Coverage is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciments du Maroc's current Interest Coverage is 20.94, which is 95% below median its own 10-year median of 424.55. 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 Interest Coverage is 20.94, which is 95% below median its 10-year median of 424.55 and 216.8% above the Building Materials industry median of 6.61. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Interest Coverage is 20.94 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:

  • Interest Coverage: 20.94 (95% below median its 10-year median of 424.55)
  • 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: 216.8% above the Building Materials median (#57 of 307)

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

Interest Coverage 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