Managem (CAS:MNG) Other Operating Expense: MAD2,309 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:MNG Managem SA CAS:MNG
68 GF Score
Price MAD12,411.00
GF Value MAD5,290.05
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Managem Other Operating Expense?

Managem CAS:MNG -0.71% 68 Other Operating Expense is MAD2,309 Mil as of Dec. 2025. GuruFocus rates CAS:MNG with a GF Score™ of 68/100 and a GF Value™ of MAD5,290.05 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Managem's Other Operating Expense for the six months ended in Dec. 2025 was MAD1,498 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was MAD2,309 Mil.

Managem's quarterly Other Operating Expense declined from Dec. 2024 (MAD1,780 Mil) to Jun. 2025 (MAD811 Mil) but then increased from Jun. 2025 (MAD811 Mil) to Dec. 2025 (MAD1,498 Mil).

Managem's annual Other Operating Expense increased from Dec. 2023 (MAD1,668 Mil) to Dec. 2024 (MAD2,321 Mil) but then declined from Dec. 2024 (MAD2,321 Mil) to Dec. 2025 (MAD2,309 Mil).

Managem Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Managem'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.

Managem Other Operating Expense Chart

Managem 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 1,896.20 2,115.00 1,667.90 2,321.40 2,309.10

Managem 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 827.40 541.50 1,779.90 811.10 1,498.00
CAS:MNG
68GF Score
Managem SA CAS:MNG
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Managem 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 MAD2,309 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 MAD2,309 Mil mean?
Managem (CAS:MNG) has a Other Operating Expense of MAD2,309 Mil as of Dec. 2025. Other operating expenses that a company records on its income statement. View historical data on Managem and its competitors.
Is Managem's Other Operating Expense too high?
Managem's current Other Operating Expense is MAD2,309 Mil. Overall, Managem has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Managem's Other Operating Expense compare to competitors?
Managem's Other Operating Expense of MAD2,309 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Other Operating Expense depends on the Metals & Mining 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 Managem and its competitors. Managem's current Other Operating Expense is MAD2,309 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Managem stock overvalued right now?
Based on GuruFocus' analysis, Managem (CAS:MNG) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD5,290.05, compared to a current price of MAD12,411.00 — trading 134.6% above its estimated fair value. The current Other Operating Expense is MAD2,309 Mil. Managem's overall GF Score™ is 68/100 with 2 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 Managem (CAS:MNG), the current Other Operating Expense is MAD2,309 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 Managem (CAS:MNG) Overvalued in 2026?

Based on GuruFocus' analysis, Managem stock appears to be overvalued. The current stock price of MAD12,411.00 is trading 134.6% above its estimated GF Value™ of MAD5,290.05. GuruFocus considers Managem to be Significantly Overvalued.

Key valuation signals for CAS:MNG:

  • Other Operating Expense: MAD2,309 Mil
  • GF Value™: MAD5,290.05 vs. price of MAD12,411.00 (134.6% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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

Managem Business Description

Address Angle Boulevards Zerktouni et Al Massira Al Khadra, Twin Center, Tour A, Casablanca, MAR, BP 5199
Managem SA operates as an integrated mining group. The business operations include managing a portfolio of properties targeting precious metals such as gold and silver, and base metals which include copper, zinc, lead, cobalt and fluorite.
68GF Score

Get the complete analysis for CAS:MNG

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

MAD12,411.00
Price
MAD5,290.05
GF Value