Alliances Developpement Immobilier (CAS:ADI) Pre-Tax Income: MAD519 Mil (TTM As of Dec. 2025)

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CAS:ADI Alliances Developpement Immobilier SA CAS:ADI
87 GF Score
Price MAD415.50
GF Value MAD395.31
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Alliances Developpement Immobilier Pre-Tax Income?

Alliances Developpement Immobilier CAS:ADI -3.37% 87 Pre-Tax Income is MAD519 Mil as of Dec. 2025. GuruFocus rates CAS:ADI with a GF Score™ of 87/100 and a GF Value™ of MAD395.31 (Fairly Valued). The stock has 4 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. Alliances Developpement Immobilier's pretax income for the six months ended in Dec. 2025 was MAD245 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was MAD519 Mil. Alliances Developpement Immobilier's pretax margin was 22.29%.

During the past 13 years, Alliances Developpement Immobilier's highest Pretax Margin was 21.35%. The lowest was -29.83%. And the median was 13.21%.


Alliances Developpement Immobilier  (CAS:ADI) Pre-Tax Income Explanation

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

Pretax Margin=Pretax Income/Revenue
=244.806/1098.044
=22.29%

During the past 13 years, Alliances Developpement Immobilier's highest Pretax Margin was 21.35%. The lowest was -29.83%. And the median was 13.21%.

* 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 Pre-Tax Income Related Terms


Alliances Developpement Immobilier Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Alliances Developpement Immobilier's Pre-Tax Income 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 Pre-Tax Income Chart

Alliances Developpement Immobilier Annual Data
Trend Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.26 232.66 324.60 402.90 519.20

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
Pre-Tax Income 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 173.49 218.28 184.62 274.39 244.81

Alliances Developpement Immobilier Pre-Tax Income Competitor Comparison

For the Real Estate - Diversified subindustry, Alliances Developpement Immobilier's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Alliances Developpement Immobilier Pre-Tax Income vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Alliances Developpement Immobilier's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Alliances Developpement Immobilier's Pre-Tax Income falls into.


CAS:ADI
87GF Score
Alliances Developpement Immobilier SA CAS:ADI
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alliances Developpement Immobilier Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Alliances Developpement Immobilier's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=587.946+0+-57.606+13.23+-24.371
=519

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

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=267.459+0+-31.523+11.761+-2.891
=245

Pre-Tax Income 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 MAD519 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of MAD519 Mil mean?
Alliances Developpement Immobilier (CAS:ADI) has a Pre-Tax Income of MAD519 Mil as of Dec. 2025. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Alliances Developpement Immobilier and its competitors.
Is Alliances Developpement Immobilier's Pre-Tax Income too high?
Alliances Developpement Immobilier's current Pre-Tax Income is MAD519 Mil. Overall, Alliances Developpement Immobilier has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alliances Developpement Immobilier's Pre-Tax Income compare to competitors?
Alliances Developpement Immobilier's Pre-Tax Income of MAD519 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 Pre-Tax Income for a Real Estate company?
A good Pre-Tax Income depends on the Real Estate industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Alliances Developpement Immobilier and its competitors. Alliances Developpement Immobilier's current Pre-Tax Income is MAD519 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 MAD395.31, compared to a current price of MAD415.50 — trading 5.1% above its estimated fair value. The current Pre-Tax Income is MAD519 Mil. Alliances Developpement Immobilier's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Alliances Developpement Immobilier (CAS:ADI), the current Pre-Tax Income is MAD519 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 overvalued. The current stock price of MAD415.50 is trading 5.1% above its estimated GF Value™ of MAD395.31. GuruFocus considers Alliances Developpement Immobilier to be Fairly Valued.

Key valuation signals for CAS:ADI:

  • Pre-Tax Income: MAD519 Mil
  • GF Value™: MAD395.31 vs. price of MAD415.50 (5.1% above fair value)
  • GF Score™: 87/100 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.
87GF Score

Get the complete analysis for CAS:ADI

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

MAD415.50
Price
MAD395.31
GF Value