Ciments du Maroc (CAS:CMA) Net Margin %: 23.85% (As of Dec. 2025) — Near 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 Net Margin %?

Ciments du Maroc CAS:CMA +0.12% 73 Net Margin % is 23.85% as of Dec. 2025, which is 2% above its 10-year median of 23.28. 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 405 Building Materials companies, Ciments du Maroc ranks better than 93.83% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Ciments du Maroc's Net Income for the six months ended in Dec. 2025 was MAD776 Mil. Ciments du Maroc's Revenue for the six months ended in Dec. 2025 was MAD3,256 Mil. Therefore, Ciments du Maroc's net margin for the quarter that ended in Dec. 2025 was 23.85%.

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

CAS:CMA' s Net Margin % Range Over the Past 10 Years
Min: -3.53   Med: 23.28   Max: 28.87
Current: 25.23


CAS:CMA's Net Margin % is ranked better than
93.83% of 405 companies
in the Building Materials industry
Industry Median: 4.4 vs CAS:CMA: 25.23

Ciments du Maroc  (CAS:CMA) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ciments du Maroc Net Margin % Related Terms


Ciments du Maroc Net Margin % Historical Data

* Premium members only.

The historical data trend for Ciments du Maroc's Net 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.

Ciments du Maroc Net Margin % Chart

Ciments du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.87 22.25 22.39 20.84 25.23

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 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 Premium Member Only Premium Member Only 24.47 21.66 20.15 27.28 23.85

CAS:CMA vs CRH, VMC, MLM: Net Margin % Comparison

For the Building Materials subindustry, Ciments du Maroc's Net Margin %, along with its competitors' market caps and Net 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.


Ciments du Maroc Net Margin % vs Building Materials Industry

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

* The bar in red indicates where Ciments du Maroc's Net Margin % falls into.


CAS:CMA
73GF Score
Ciments du Maroc SA CAS:CMA
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ciments du Maroc Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1377.432/5458.828
=25.23 %

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

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=776.434/3256.116
=23.85 %

* 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 Margin % →
What does a Net Margin % of 23.85% mean?
Ciments du Maroc (CAS:CMA) has a Net Margin % of 23.85% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Ciments du Maroc and its competitors. This is near median its historical median of 23.28. According to the industry distribution chart, Ciments du Maroc ranks #25 out of 405 companies in the Building Materials industry, placing it in the top 6.2%.
Is Ciments du Maroc's Net Margin % too high?
Ciments du Maroc's current Net Margin % of 23.85% is near median its 10-year median of 23.28. The Building Materials industry median Net Margin % is 4.40. Ciments du Maroc's value of 23.85% is 442% above this industry median. Based on the distribution chart, Ciments du Maroc ranks #25 out of 405 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 Net Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ciments du Maroc ranks #25 out of 405 companies for Net Margin %. This places Ciments du Maroc in the top 6% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.40. Ciments du Maroc's value of 23.85% is 442% above this benchmark. While the company's 10-year median is 23.28 vs. the industry median of 4.40, 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 Net Margin % for a Building Materials company?
The median Net Margin % among Building Materials companies is 4.40, based on 405 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciments du Maroc's current Net Margin % of 23.85% is 442% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Ciments du Maroc and its competitors. For the Building Materials industry, the median Net Margin % is 4.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciments du Maroc's current Net Margin % is 23.85%, which is near median its own 10-year median of 23.28. 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 Net Margin % is 23.85%, which is near median its 10-year median of 23.28 and 442% above the Building Materials industry median of 4.40. 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 Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Net Margin % is 23.85% 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:

  • Net Margin %: 23.85% (near median its 10-year median of 23.28)
  • 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: 442% above the Building Materials median (#25 of 405)

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 Margin % 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