Taqa MoroccoCAS:TQM +1.30%74 Operating Margin % is 22.00% as of Dec. 2025, which is 24% below its 10-year median of 28.95. GuruFocus rates CAS:TQM with a GF Score™ of 74/100 and a GF Value™ of MAD1,227.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 417 Utilities - Independent Power Producers companies, Taqa Morocco ranks better than 68.82% on this metric.
Operating Margin % is calculated as Operating Income divided by its Revenue. Taqa Morocco's Operating Income for the
six
months ended in Dec. 2025 was MAD1,157 Mil. Taqa Morocco's Revenue for the
six
months ended in Dec. 2025 was MAD5,258 Mil. Therefore, Taqa Morocco's Operating Margin % for the quarter that ended in Dec. 2025 was 22.00%.
Warning Sign:
Taqa Morocco SA operating margin has been in a 5-year decline. The average rate of decline per year is -6.1%.
The historical rank and industry rank for Taqa Morocco's Operating Margin % or its related term are showing as below:
CAS:TQM'
s Operating Margin % Range Over the Past 10 Years
Min: 20.48 Med: 28.95 Max: 31.77
Current: 22.66
CAS:TQM's Operating Margin % is ranked better than 68.82% of 417
companies
in the Utilities - Independent Power Producers industry
Industry Median: 13.38
vs CAS:TQM: 22.66
Taqa Morocco's 5-Year Average Operating Margin % Growth Rate was -6.10% per year.
Taqa Morocco's Operating Income for the
six
months ended in Dec. 2025 was MAD1,157 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was MAD2,411 Mil.
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.
Taqa Morocco Operating Margin % Related Terms
Taqa Morocco Operating Margin % Historical Data
* Premium members only.
The historical data trend for Taqa Morocco'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:TQM vs CEG, VST, NRG: Operating Margin % Comparison
For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.
Taqa Morocco Operating Margin % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Taqa Morocco'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.
Taqa Morocco'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.
Taqa Morocco (CAS:TQM) has a Operating Margin % of 22.00% as of Dec. 2025. Operating margin is the ratio of total operating income to net sales. View historical data on Taqa Morocco and its competitors. This is 24% below median its historical median of 28.95. Over the past decade, Taqa Morocco's Operating Margin % has ranged from 20.48 to 31.77. According to the industry distribution chart, Taqa Morocco ranks #130 out of 417 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.2%.
Is Taqa Morocco's Operating Margin % too high?
Taqa Morocco's current Operating Margin % of 22.00% is 24% below median its 10-year median of 28.95. Over the past 10 years, this metric has ranged from a low of 20.48 to a high of 31.77. The Utilities - Independent Power Producers industry median Operating Margin % is 13.38. Taqa Morocco's value of 22.00% is 64.4% above this industry median. Based on the distribution chart, Taqa Morocco ranks #130 out of 417 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Taqa Morocco has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taqa Morocco's Operating Margin % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #130 out of 417 companies for Operating Margin %. This puts Taqa Morocco in the upper half of its industry. The industry median Operating Margin % is 13.38. Taqa Morocco's value of 22.00% is 64.4% above this benchmark. Historically, Taqa Morocco's own Operating Margin % has ranged from 20.48 to 31.77 over the past decade. While the company's 10-year median is 28.95 vs. the industry median of 13.38, Taqa Morocco 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 an Utilities - Independent Power Producers company?
The median Operating Margin % among Utilities - Independent Power Producers companies is 13.38, based on 417 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. Taqa Morocco's current Operating Margin % of 22.00% is 64.4% 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 Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median Operating Margin % is 13.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current Operating Margin % is 22.00%, which is 24% below median its own 10-year median of 28.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taqa Morocco stock overvalued right now?
Based on GuruFocus' analysis, Taqa Morocco (CAS:TQM) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD1,227.80, compared to a current price of MAD1,788.00 — trading 45.6% above its estimated fair value. The current Operating Margin % is 22.00%, which is 24% below median its 10-year median of 28.95 and 64.4% above the Utilities - Independent Power Producers industry median of 13.38. Taqa Morocco's overall GF Score™ is 74/100 with 5 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 Taqa Morocco (CAS:TQM), the current Operating Margin % is 22.00% 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 Taqa Morocco (CAS:TQM) Overvalued in 2026?
Based on GuruFocus' analysis, Taqa Morocco stock appears to be overvalued.
The current stock price of MAD1,788.00 is trading 45.6% above its estimated GF Value™ of MAD1,227.80.
GuruFocus considers Taqa Morocco to be Significantly Overvalued.
Key valuation signals for CAS:TQM:
Operating Margin %: 22.00% (24% below median its 10-year median of 28.95)
GF Value™: MAD1,227.80 vs. price of MAD1,788.00 (45.6% above fair value)
Industry Position: 64.4% above the Utilities - Independent Power Producers median (#130 of 417)
No single metric tells the full story. See the CAS:TQM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.
74GF Score
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Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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