SODEP -Marsa Maroc (CAS:MSA) Operating Margin %: 43.28% (As of Dec. 2025) — 34% Above Median

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CAS:MSA SODEP -Marsa Maroc SA CAS:MSA
88 GF Score
Price MAD865.00
GF Value MAD551.32
Valuation Significantly Overvalued
View Full Analysis

What is SODEP -Marsa Maroc Operating Margin %?

SODEP -Marsa Maroc CAS:MSA 88 Operating Margin % is 43.28% as of Dec. 2025, which is 34% above its 10-year median of 32.27. GuruFocus rates CAS:MSA with a GF Score™ of 88/100 and a GF Value™ of MAD551.32 (Significantly Overvalued). Among 1,001 Transportation companies, SODEP -Marsa Maroc ranks better than 96.9% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. SODEP -Marsa Maroc's Operating Income for the six months ended in Dec. 2025 was MAD1,274 Mil. SODEP -Marsa Maroc's Revenue for the six months ended in Dec. 2025 was MAD2,943 Mil. Therefore, SODEP -Marsa Maroc's Operating Margin % for the quarter that ended in Dec. 2025 was 43.28%.

Good Sign:

SODEP -Marsa Maroc SA operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for SODEP -Marsa Maroc's Operating Margin % or its related term are showing as below:

CAS:MSA' s Operating Margin % Range Over the Past 10 Years
Min: 27.52   Med: 32.27   Max: 44.29
Current: 44.29


CAS:MSA's Operating Margin % is ranked better than
96.9% of 1001 companies
in the Transportation industry
Industry Median: 7.29 vs CAS:MSA: 44.29

SODEP -Marsa Maroc's 5-Year Average Operating Margin % Growth Rate was 9.80% per year.

SODEP -Marsa Maroc's Operating Income for the six months ended in Dec. 2025 was MAD1,274 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was MAD2,562 Mil.


SODEP -Marsa Maroc  (CAS:MSA) 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 Nokia’s 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.


SODEP -Marsa Maroc Operating Margin % Related Terms


SODEP -Marsa Maroc Operating Margin % Historical Data

* Premium members only.

The historical data trend for SODEP -Marsa 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.

SODEP -Marsa Maroc Operating Margin % Chart

SODEP -Marsa Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.44 34.52 35.99 41.69 44.29

SODEP -Marsa Maroc Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating 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 35.71 43.27 40.13 45.34 43.28

CAS:MSA vs KEX: Operating Margin % Comparison

For the Marine Shipping subindustry, SODEP -Marsa 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.


SODEP -Marsa Maroc Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's Operating Margin % distribution charts can be found below:

* The bar in red indicates where SODEP -Marsa Maroc's Operating Margin % falls into.


CAS:MSA
88GF Score
SODEP -Marsa Maroc SA CAS:MSA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SODEP -Marsa Maroc Operating Margin % Calculation

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.

SODEP -Marsa Maroc's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=2562.326 / 5784.894
=44.29 %

SODEP -Marsa Maroc's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1273.573 / 2942.531
=43.28 %

* 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 Operating Margin % →
What does a Operating Margin % of 43.28% mean?
SODEP -Marsa Maroc (CAS:MSA) has a Operating Margin % of 43.28% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on SODEP -Marsa Maroc and its competitors. This is 34% above median its historical median of 32.27. Over the past decade, SODEP -Marsa Maroc's Operating Margin % has ranged from 27.52 to 44.29. According to the industry distribution chart, SODEP -Marsa Maroc ranks #31 out of 1001 companies in the Transportation industry, placing it in the top 3.1%.
Is SODEP -Marsa Maroc's Operating Margin % too high?
SODEP -Marsa Maroc's current Operating Margin % of 43.28% is 34% above median its 10-year median of 32.27. Over the past 10 years, this metric has ranged from a low of 27.52 to a high of 44.29. The Transportation industry median Operating Margin % is 7.29. SODEP -Marsa Maroc's value of 43.28% is 493.7% above this industry median. Based on the distribution chart, SODEP -Marsa Maroc ranks #31 out of 1001 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, SODEP -Marsa Maroc has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SODEP -Marsa Maroc's Operating Margin % compare to KEX?
According to the Transportation industry distribution chart, SODEP -Marsa Maroc ranks #31 out of 1001 companies for Operating Margin %. This places SODEP -Marsa Maroc in the top 3% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.29. SODEP -Marsa Maroc's value of 43.28% is 493.7% above this benchmark. Historically, SODEP -Marsa Maroc's own Operating Margin % has ranged from 27.52 to 44.29 over the past decade. While the company's 10-year median is 32.27 vs. the industry median of 7.29, SODEP -Marsa 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 Transportation company?
The median Operating Margin % among Transportation companies is 7.29, based on 1,001 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. SODEP -Marsa Maroc's current Operating Margin % of 43.28% is 493.7% 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 SODEP -Marsa Maroc and its competitors. For the Transportation industry, the median Operating Margin % is 7.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SODEP -Marsa Maroc's current Operating Margin % is 43.28%, which is 34% above median its own 10-year median of 32.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SODEP -Marsa Maroc stock overvalued right now?
Based on GuruFocus' analysis, SODEP -Marsa Maroc (CAS:MSA) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD551.32, compared to a current price of MAD865.00 — trading 56.9% above its estimated fair value. The current Operating Margin % is 43.28%, which is 34% above median its 10-year median of 32.27 and 493.7% above the Transportation industry median of 7.29. SODEP -Marsa Maroc's overall GF Score™ is 88/100. 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 SODEP -Marsa Maroc (CAS:MSA), the current Operating Margin % is 43.28% 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 SODEP -Marsa Maroc (CAS:MSA) Overvalued in 2026?

Based on GuruFocus' analysis, SODEP -Marsa Maroc stock appears to be overvalued. The current stock price of MAD865.00 is trading 56.9% above its estimated GF Value™ of MAD551.32. GuruFocus considers SODEP -Marsa Maroc to be Significantly Overvalued.

Key valuation signals for CAS:MSA:

  • Operating Margin %: 43.28% (34% above median its 10-year median of 32.27)
  • GF Value™: MAD551.32 vs. price of MAD865.00 (56.9% above fair value)
  • GF Score™: 88/100
  • Industry Position: 493.7% above the Transportation median (#31 of 1001)

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


SODEP -Marsa Maroc Business Description

Address 175, Boulevard Zerktouni, Casablanca, MAR, 20100
SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.
88GF Score

Get the complete analysis for CAS:MSA

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

MAD865.00
Price
MAD551.32
GF Value