Ciments du Maroc (CAS:CMA) Net Income: MAD1,377 Mil (TTM As of Dec. 2025)

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CAS:CMA Ciments du Maroc SA CAS:CMA
73 GF Score
Price MAD1,620.00
GF Value MAD2,559.52
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Ciments du Maroc Net Income?

Ciments du Maroc CAS:CMA -0.12% 73 Net Income is MAD1,377 Mil as of Dec. 2025. GuruFocus rates CAS:CMA with a GF Score™ of 73/100 and a GF Value™ of MAD2,559.52 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Ciments du Maroc's Net Income for the six months ended in Dec. 2025 was MAD776 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was MAD1,377 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Ciments du Maroc's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was MAD53.32.


Ciments du Maroc  (CAS:CMA) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Ciments du Maroc's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2025 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Ciments du Maroc Net Income Related Terms


Ciments du Maroc Net Income Historical Data

* Premium members only.

The historical data trend for Ciments du Maroc's Net Income 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 Net Income Chart

Ciments du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,197.05 905.08 970.20 914.16 1,377.43

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
Net Income 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 532.16 432.96 481.21 601.00 776.43
CAS:CMA
73GF Score
Ciments du Maroc SA CAS:CMA
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ciments du Maroc Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1981.247+-568.457+0+-35.358
=1,377

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

Net Income(Q: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1080.762+-281.848+0+-22.48
=776

Net Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD1,377 Mil.

* 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of MAD1,377 Mil mean?
Ciments du Maroc (CAS:CMA) has a Net Income of MAD1,377 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Ciments du Maroc and its competitors.
Is Ciments du Maroc's Net Income too high?
Ciments du Maroc's current Net Income is MAD1,377 Mil. 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 Net Income compare to CRH and VMC?
Ciments du Maroc's Net Income of MAD1,377 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Building Materials company?
A good Net Income depends on the Building Materials industry context. However, Net Income 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 Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Ciments du Maroc and its competitors. Ciments du Maroc's current Net Income is MAD1,377 Mil. 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 MAD2,559.52, compared to a current price of MAD1,620.00 — trading 36.7% below its estimated fair value. The current Net Income is MAD1,377 Mil. 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 Net Income calculated?
Net Income is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Net Income is MAD1,377 Mil 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 MAD1,620.00 is trading 36.7% below its estimated GF Value™ of MAD2,559.52. GuruFocus considers Ciments du Maroc to be Significantly Undervalued.

Key valuation signals for CAS:CMA:

  • Net Income: MAD1,377 Mil
  • GF Value™: MAD2,559.52 vs. price of MAD1,620.00 (36.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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

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

MAD1,620.00
Price
MAD2,559.52
GF Value