Afriquia Gaz (CAS:GAZ) Intrinsic Value: Projected FCF: MAD2,575.49 (As of Sep. 12, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:GAZ Afriquia Gaz CAS:GAZ
94 GF Score
Price MAD3,800.00
GF Value MAD4,382.58
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Afriquia Gaz Intrinsic Value: Projected FCF?

Afriquia Gaz CAS:GAZ 94 Intrinsic Value: Projected FCF is MAD2,575.49 as of Sep. 12, 2026. GuruFocus rates CAS:GAZ with a GF Score™ of 94/100 and a GF Value™ of MAD4,382.58 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 631 Oil & Gas companies, Afriquia Gaz ranks worse than 72.27% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-12), Afriquia Gaz's Intrinsic Value: Projected FCF is MAD2,575.49. The stock price of Afriquia Gaz is MAD3800.00. Therefore, Afriquia Gaz's Price-to-Intrinsic-Value-Projected-FCF of today is 1.5.

The historical rank and industry rank for Afriquia Gaz's Intrinsic Value: Projected FCF or its related term are showing as below:

CAS:GAZ' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.31   Med: 1.66   Max: 2.14
Current: 1.48

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Afriquia Gaz was 2.14. The lowest was 1.31. And the median was 1.66.

CAS:GAZ's Price-to-Projected-FCF is ranked worse than
72.27% of 631 companies
in the Oil & Gas industry
Industry Median: 0.88 vs CAS:GAZ: 1.48

Afriquia Gaz  (CAS:GAZ) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Afriquia Gaz's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=3800.00/2575.4901485103
=1.48

* 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.


Afriquia Gaz Intrinsic Value: Projected FCF Related Terms


Afriquia Gaz Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Afriquia Gaz's Intrinsic Value: Projected FCF 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.

Afriquia Gaz Intrinsic Value: Projected FCF Chart

Afriquia Gaz Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,643.59 2,366.50 2,710.65 2,691.86 2,575.49

Afriquia Gaz Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Intrinsic Value: Projected FCF 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 2,710.65 0.00 2,691.86 0.00 2,575.49

CAS:GAZ vs MPC, VLO, PSX: Intrinsic Value: Projected FCF Comparison

For the Oil & Gas Refining & Marketing subindustry, Afriquia Gaz's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.


Afriquia Gaz Price-to-Projected-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Afriquia Gaz's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Afriquia Gaz's Price-to-Projected-FCF falls into.


CAS:GAZ
94GF Score
Afriquia Gaz CAS:GAZ
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afriquia Gaz Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Afriquia Gaz's Free Cash Flow(6 year avg) = MAD521.92.

Afriquia Gaz's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec25)*0.8)/Shares Outstanding (Diluted Average)
=(11.773635598597*521.92285714286+3387.007*0.8)/3.438
=2,575.49

* 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.

What does a Intrinsic Value: Projected FCF of MAD2,575.49 mean?
Afriquia Gaz (CAS:GAZ) has a Intrinsic Value: Projected FCF of MAD2,575.49 as of Sep. 12, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Afriquia Gaz and its competitors. According to the industry distribution chart, Afriquia Gaz ranks #456 out of 631 companies in the Oil & Gas industry, placing it in the top 72.3%.
Is Afriquia Gaz's Intrinsic Value: Projected FCF too high?
Afriquia Gaz's current Intrinsic Value: Projected FCF is MAD2,575.49. Based on the distribution chart, Afriquia Gaz ranks #456 out of 631 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Afriquia Gaz has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afriquia Gaz's Intrinsic Value: Projected FCF compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Afriquia Gaz ranks #456 out of 631 companies for Intrinsic Value: Projected FCF. This places Afriquia Gaz in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Oil & Gas company?
The median Intrinsic Value: Projected FCF among Oil & Gas companies is 0.88, based on 631 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Afriquia Gaz and its competitors. For the Oil & Gas industry, the median Intrinsic Value: Projected FCF is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afriquia Gaz's current Intrinsic Value: Projected FCF is MAD2,575.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afriquia Gaz stock overvalued right now?
Based on GuruFocus' analysis, Afriquia Gaz (CAS:GAZ) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD4,382.58, compared to a current price of MAD3,800.00 — trading 13.3% below its estimated fair value. The current Intrinsic Value: Projected FCF is MAD2,575.49. Afriquia Gaz's overall GF Score™ is 94/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Afriquia Gaz (CAS:GAZ), the current Intrinsic Value: Projected FCF is MAD2,575.49 as of Sep. 12, 2026. 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 Afriquia Gaz (CAS:GAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Afriquia Gaz stock appears to be undervalued. The current stock price of MAD3,800.00 is trading 13.3% below its estimated GF Value™ of MAD4,382.58. GuruFocus considers Afriquia Gaz to be Modestly Undervalued.

Key valuation signals for CAS:GAZ:

  • Intrinsic Value: Projected FCF: MAD2,575.49
  • GF Value™: MAD4,382.58 vs. price of MAD3,800.00 (13.3% below fair value)
  • GF Score™: 94/100 with 5 warning signs

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


Afriquia Gaz Business Description

Industry EnergyOil & Gas
Address 139 Boulevard Moulay Ismail, Casablanca, MAR, 20700
Afriquia Gaz is a Morocco-based company engaged in the business of distributing liquefied petroleum gas (LPG) such as butane, propane and its by-products. The company is also involved in the import, export, trade, refining, storage, stocking, transportation, deposit and administration of LPG. It markets its products under five brands namely Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz and National Gaz.
94GF Score

Get the complete analysis for CAS:GAZ

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD3,800.00
Price
MAD4,382.58
GF Value