Ciments du MarocCAS:CMA +0.12%73 Operating Margin % is 37.66% as of Dec. 2025, which is 5% above its 10-year median of 35.86. 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 403 Building Materials companies, Ciments du Maroc ranks better than 97.27% on this metric.
Ciments du Maroc (CAS:CMA) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Ciments du Maroc Operating Margin % Related Terms
Ciments du Maroc Operating Margin % Historical Data
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The historical data trend for Ciments du Maroc's Operating 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.
CAS:CMA vs CRH, VMC, MLM: Operating Margin % Comparison
For the Building Materials subindustry, Ciments du Maroc's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Ciments du Maroc's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Ciments du Maroc's Operating Margin % for the fiscal year 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.
Ciments du Maroc (CAS:CMA) has a Operating Margin % of 37.66% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Ciments du Maroc and its competitors. This is near median its historical median of 35.86. Over the past decade, Ciments du Maroc's Operating Margin % has ranged from 29.09 to 40.42. According to the industry distribution chart, Ciments du Maroc ranks #11 out of 403 companies in the Building Materials industry, placing it in the top 2.7%.
Is Ciments du Maroc's Operating Margin % too high?
Ciments du Maroc's current Operating Margin % of 37.66% is near median its 10-year median of 35.86. Over the past 10 years, this metric has ranged from a low of 29.09 to a high of 40.42. The Building Materials industry median Operating Margin % is 7.62. Ciments du Maroc's value of 37.66% is 394.2% above this industry median. Based on the distribution chart, Ciments du Maroc ranks #11 out of 403 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 Operating Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ciments du Maroc ranks #11 out of 403 companies for Operating Margin %. This places Ciments du Maroc in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.62. Ciments du Maroc's value of 37.66% is 394.2% above this benchmark. Historically, Ciments du Maroc's own Operating Margin % has ranged from 29.09 to 40.42 over the past decade. While the company's 10-year median is 35.86 vs. the industry median of 7.62, 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 Operating Margin % for a Building Materials company?
The median Operating Margin % among Building Materials companies is 7.62, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciments du Maroc's current Operating Margin % of 37.66% is 394.2% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Ciments du Maroc and its competitors. For the Building Materials industry, the median Operating Margin % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciments du Maroc's current Operating Margin % is 37.66%, which is near median its own 10-year median of 35.86. 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 Operating Margin % is 37.66%, which is near median its 10-year median of 35.86 and 394.2% above the Building Materials industry median of 7.62. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Operating Margin % is 37.66% 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:
Operating Margin %: 37.66% (near median its 10-year median of 35.86)
GF Value™: MAD2,557.94 vs. price of MAD1,622.00 (36.6% below fair value)
Industry Position: 394.2% above the Building Materials median (#11 of 403)
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 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
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