Maroc Telecom (CAS:IAM) Net Income: MAD6,968 Mil (TTM As of Dec. 2025)


CAS:IAM Maroc Telecom SA CAS:IAM
79 GF Score
Price MAD91.50
GF Value MAD99.36
Valuation Fairly Valued
! 4 Warning Signs
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What is Maroc Telecom Net Income?

Maroc Telecom CAS:IAM +0.11% 79 Net Income is MAD6,968 Mil as of Dec. 2025. GuruFocus rates CAS:IAM with a GF Score™ of 79/100 and a GF Value™ of MAD99.36 (Fairly Valued). 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. Maroc Telecom's Net Income for the six months ended in Dec. 2025 was MAD2,851 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2025 was MAD6,968 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Maroc Telecom's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was MAD3.24.


Maroc Telecom  (CAS:IAM) 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:

Maroc Telecom'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.


Maroc Telecom Net Income Related Terms


Maroc Telecom Net Income Historical Data

* Premium members only.

The historical data trend for Maroc Telecom'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.

Maroc Telecom Net Income Chart

Maroc Telecom 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 6,008.00 2,750.00 5,283.00 1,801.00 6,968.00

Maroc Telecom 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 2,398.00 -1,147.00 2,948.00 4,117.00 2,851.00
CAS:IAM
79GF Score
Maroc Telecom SA CAS:IAM
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Maroc Telecom 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

Maroc Telecom'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
=12530+-4610+0+-952
=6,968

Maroc Telecom'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
=5230+-1865+0+-514
=2,851

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 MAD6,968 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 MAD6,968 Mil mean?
Maroc Telecom (CAS:IAM) has a Net Income of MAD6,968 Mil as of Dec. 2025. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Maroc Telecom and its competitors.
Is Maroc Telecom's Net Income too high?
Maroc Telecom's current Net Income is MAD6,968 Mil. 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 Net Income compare to TMUS and VZ?
Maroc Telecom's Net Income of MAD6,968 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Net Income depends on the Telecommunication Services 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 Maroc Telecom and its competitors. Maroc Telecom's current Net Income is MAD6,968 Mil. 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 MAD99.36, compared to a current price of MAD91.50 — trading 7.9% below its estimated fair value. The current Net Income is MAD6,968 Mil. 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 Net Income calculated?
Net Income is calculated from a company's financial statements. For Maroc Telecom (CAS:IAM), the current Net Income is MAD6,968 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 Maroc Telecom (CAS:IAM) Overvalued in 2026?

Based on GuruFocus' analysis, Maroc Telecom stock appears to be undervalued. The current stock price of MAD91.50 is trading 7.9% below its estimated GF Value™ of MAD99.36. GuruFocus considers Maroc Telecom to be Fairly Valued.

Key valuation signals for CAS:IAM:

  • Net Income: MAD6,968 Mil
  • GF Value™: MAD99.36 vs. price of MAD91.50 (7.9% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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 Business Description

Other Exchanges IAM:FranceMSPA:Germany
Address Avenue Annakhil, Hay Riad, Rabat, MAR
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

Get the complete analysis for CAS:IAM

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

MAD91.50
Price
MAD99.36
GF Value