AFMA (CAS:AFM) Other Operating Expense: MAD27.5 Mil (TTM As of Dec. 2025)


CAS:AFM AFMA SA CAS:AFM
26 GF Score
Price MAD1,240.00
GF Value MAD1,575.94
Valuation Modestly Undervalued
! 4 Warning Signs
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What is AFMA Other Operating Expense?

AFMA CAS:AFM 26 Other Operating Expense is MAD27.5 Mil as of Dec. 2025. GuruFocus rates CAS:AFM with a GF Score™ of 26/100 and a GF Value™ of MAD1,575.94 (Modestly Undervalued). The stock has 4 warning signs investors should review.

AFMA's Other Operating Expense for the six months ended in Dec. 2025 was MAD12.7 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was MAD27.5 Mil.

AFMA's quarterly Other Operating Expense increased from Dec. 2024 (MAD11.9 Mil) to Jun. 2025 (MAD14.9 Mil) but then declined from Jun. 2025 (MAD14.9 Mil) to Dec. 2025 (MAD12.7 Mil).

AFMA's annual Other Operating Expense declined from Dec. 2023 (MAD32.4 Mil) to Dec. 2024 (MAD24.2 Mil) but then increased from Dec. 2024 (MAD24.2 Mil) to Dec. 2025 (MAD27.5 Mil).

AFMA Other Operating Expense Historical Data

* Premium members only.

The historical data trend for AFMA's Other Operating Expense 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.

AFMA Other Operating Expense Chart

AFMA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.81 30.83 32.37 24.19 27.55

AFMA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Other Operating Expense 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 21.79 12.33 11.86 14.89 12.66
CAS:AFM
26GF Score
AFMA SA CAS:AFM
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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AFMA Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 MAD27.5 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.

What does a Other Operating Expense of MAD27.5 Mil mean?
AFMA (CAS:AFM) has a Other Operating Expense of MAD27.5 Mil as of Dec. 2025. Other operating expenses that a company records on its income statement. View historical data on AFMA and its competitors.
Is AFMA's Other Operating Expense too high?
AFMA's current Other Operating Expense is MAD27.5 Mil. Overall, AFMA has a GF Score™ of 26/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AFMA's Other Operating Expense compare to MRSH and AON?
AFMA's Other Operating Expense of MAD27.5 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for an Insurance company?
A good Other Operating Expense depends on the Insurance industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on AFMA and its competitors. AFMA's current Other Operating Expense is MAD27.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AFMA stock overvalued right now?
Based on GuruFocus' analysis, AFMA (CAS:AFM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD1,575.94, compared to a current price of MAD1,240.00 — trading 21.3% below its estimated fair value. The current Other Operating Expense is MAD27.5 Mil. AFMA's overall GF Score™ is 26/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For AFMA (CAS:AFM), the current Other Operating Expense is MAD27.5 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 AFMA (CAS:AFM) Overvalued in 2026?

Based on GuruFocus' analysis, AFMA stock appears to be undervalued. The current stock price of MAD1,240.00 is trading 21.3% below its estimated GF Value™ of MAD1,575.94. GuruFocus considers AFMA to be Modestly Undervalued.

Key valuation signals for CAS:AFM:

  • Other Operating Expense: MAD27.5 Mil
  • GF Value™: MAD1,575.94 vs. price of MAD1,240.00 (21.3% below fair value)
  • GF Score™: 26/100 with 4 warning signs

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

AFMA Business Description

Address 22, Moulay Youssef bd, Casablanca, MAR, 20 070
AFMA SA provides insurance brokerage services in Morocco. It offers insurance products including Damage Insurance, Insurance Operating Losses, Civil Responsibilities, Car insurance, Transport Insurance, Construction-Related Insurance, Insurance of Persons and Credit insurance. It provides insurance services to both individuals and corporate clients.
26GF Score

Get the complete analysis for CAS:AFM

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

MAD1,240.00
Price
MAD1,575.94
GF Value