Alliances Developpement Immobilier (CAS:ADI) Preferred Stock: MAD0 Mil (As of Dec. 2025)


CAS:ADI Alliances Developpement Immobilier SA CAS:ADI
68 GF Score
Price MAD391.55
GF Value MAD410.35
Valuation Fairly Valued
! 4 Warning Signs
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What is Alliances Developpement Immobilier Preferred Stock?

Alliances Developpement Immobilier CAS:ADI -1.62% 68 Preferred Stock is MAD0 Mil as of Dec. 2025. GuruFocus rates CAS:ADI with a GF Score™ of 68/100 and a GF Value™ of MAD410.35 (Fairly Valued). The stock has 4 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Alliances Developpement Immobilier's preferred stock for the quarter that ended in Dec. 2025 was MAD0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Alliances Developpement Immobilier's Enterprise Value for the quarter that ended in Dec. 2025 was MAD13,022 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Alliances Developpement Immobilier's Book Value per Share for the quarter that ended in Dec. 2025 was MAD180.86.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Alliances Developpement Immobilier's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was MAD8.94.


Alliances Developpement Immobilier  (CAS:ADI) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Alliances Developpement Immobilier's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Alliances Developpement Immobilier's Book Value per Share for the quarter that ended in Dec. 2025 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Alliances Developpement Immobilier's Earnings per Share (Diluted) (EPS) for the six months 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.


Alliances Developpement Immobilier Preferred Stock Related Terms


Alliances Developpement Immobilier Preferred Stock Historical Data

* Premium members only.

The historical data trend for Alliances Developpement Immobilier's Preferred Stock 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.

Alliances Developpement Immobilier Preferred Stock Chart

Alliances Developpement Immobilier Annual Data
Trend Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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Alliances Developpement Immobilier Semi-Annual Data
Jun15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Preferred Stock 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 0.00 0.00 0.00 0.00 0.00
CAS:ADI
68GF Score
Alliances Developpement Immobilier SA CAS:ADI
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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Alliances Developpement Immobilier Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of MAD0 Mil mean?
Alliances Developpement Immobilier (CAS:ADI) has a Preferred Stock of MAD0 Mil as of Dec. 2025. Preferred Stock represents the par value of a company's preferred shares. View historical data on Alliances Developpement Immobilier and its competitors.
Is Alliances Developpement Immobilier's Preferred Stock too high?
Alliances Developpement Immobilier's current Preferred Stock is MAD0 Mil. Overall, Alliances Developpement Immobilier has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alliances Developpement Immobilier's Preferred Stock compare to competitors?
Alliances Developpement Immobilier's Preferred Stock of MAD0 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a Real Estate company?
A good Preferred Stock depends on the Real Estate industry context. However, Preferred Stock 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 Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Alliances Developpement Immobilier and its competitors. Alliances Developpement Immobilier's current Preferred Stock is MAD0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliances Developpement Immobilier stock overvalued right now?
Based on GuruFocus' analysis, Alliances Developpement Immobilier (CAS:ADI) is currently considered Fairly Valued. The stock's GF Value™ is MAD410.35, compared to a current price of MAD391.55 — trading 4.6% below its estimated fair value. The current Preferred Stock is MAD0 Mil. Alliances Developpement Immobilier's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Alliances Developpement Immobilier (CAS:ADI), the current Preferred Stock is MAD0 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 Alliances Developpement Immobilier (CAS:ADI) Overvalued in 2026?

Based on GuruFocus' analysis, Alliances Developpement Immobilier stock appears to be undervalued. The current stock price of MAD391.55 is trading 4.6% below its estimated GF Value™ of MAD410.35. GuruFocus considers Alliances Developpement Immobilier to be Fairly Valued.

Key valuation signals for CAS:ADI:

  • Preferred Stock: MAD0 Mil
  • GF Value™: MAD410.35 vs. price of MAD391.55 (4.6% below fair value)
  • GF Score™: 68/100 with 4 warning signs

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


Alliances Developpement Immobilier Business Description

Address 16, Rue Ali Abderrazak, Casablanca, MAR
Alliances Developpement Immobilier SA provides real estate services. Its business activities include development, building, marketing and managing of commercial and residential assets as well as tourist property.
68GF Score

Get the complete analysis for CAS:ADI

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

MAD391.55
Price
MAD410.35
GF Value