SODEP -Marsa Maroc (CAS:MSA) Pre-Tax Income: MAD2,534 Mil (TTM As of Dec. 2025)

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CAS:MSA SODEP -Marsa Maroc SA CAS:MSA
89 GF Score
Price MAD880.00
GF Value MAD560.80
Valuation Significantly Overvalued
View Full Analysis

What is SODEP -Marsa Maroc Pre-Tax Income?

SODEP -Marsa Maroc CAS:MSA 89 Pre-Tax Income is MAD2,534 Mil as of Dec. 2025. GuruFocus rates CAS:MSA with a GF Score™ of 89/100 and a GF Value™ of MAD560.80 (Significantly Overvalued).

Pretax income is the income that a company earns before paying income taxes. SODEP -Marsa Maroc's pretax income for the six months ended in Dec. 2025 was MAD1,292 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2025 was MAD2,534 Mil. SODEP -Marsa Maroc's pretax margin was 43.89%.

During the past 11 years, SODEP -Marsa Maroc's highest Pretax Margin was 43.81%. The lowest was 14.38%. And the median was 31.58%.


SODEP -Marsa Maroc  (CAS:MSA) Pre-Tax Income Explanation

SODEP -Marsa Maroc's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pretax Income/Revenue
=1291.502/2942.531
=43.89%

During the past 11 years, SODEP -Marsa Maroc's highest Pretax Margin was 43.81%. The lowest was 14.38%. And the median was 31.58%.

* 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.


SODEP -Marsa Maroc Pre-Tax Income Related Terms


SODEP -Marsa Maroc Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for SODEP -Marsa Maroc'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.

SODEP -Marsa Maroc Pre-Tax Income Chart

SODEP -Marsa Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,021.97 1,247.80 1,327.52 1,991.80 2,534.23

SODEP -Marsa Maroc Semi-Annual Data
Dec15 Dec16 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 628.85 997.49 994.31 1,242.73 1,291.50

CAS:MSA vs KEX: Pre-Tax Income Comparison

For the Marine Shipping subindustry, SODEP -Marsa Maroc'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.


SODEP -Marsa Maroc Pre-Tax Income vs Transportation Industry

For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where SODEP -Marsa Maroc's Pre-Tax Income falls into.


CAS:MSA
89GF Score
SODEP -Marsa Maroc SA CAS:MSA
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SODEP -Marsa Maroc Pre-Tax Income Calculation

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

SODEP -Marsa Maroc'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
=2562.326+0+-0.153+11.689+-39.629
=2,534

SODEP -Marsa Maroc'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
=1273.573+0+0+0+17.929
=1,292

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 MAD2,534 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 MAD2,534 Mil mean?
SODEP -Marsa Maroc (CAS:MSA) has a Pre-Tax Income of MAD2,534 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 SODEP -Marsa Maroc and its competitors.
Is SODEP -Marsa Maroc's Pre-Tax Income too high?
SODEP -Marsa Maroc's current Pre-Tax Income is MAD2,534 Mil. Overall, SODEP -Marsa Maroc has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SODEP -Marsa Maroc's Pre-Tax Income compare to KEX?
SODEP -Marsa Maroc's Pre-Tax Income of MAD2,534 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Pre-Tax Income depends on the Transportation 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 SODEP -Marsa Maroc and its competitors. SODEP -Marsa Maroc's current Pre-Tax Income is MAD2,534 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SODEP -Marsa Maroc stock overvalued right now?
Based on GuruFocus' analysis, SODEP -Marsa Maroc (CAS:MSA) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD560.80, compared to a current price of MAD880.00 — trading 56.9% above its estimated fair value. The current Pre-Tax Income is MAD2,534 Mil. SODEP -Marsa Maroc's overall GF Score™ is 89/100. 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 SODEP -Marsa Maroc (CAS:MSA), the current Pre-Tax Income is MAD2,534 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 SODEP -Marsa Maroc (CAS:MSA) Overvalued in 2026?

Based on GuruFocus' analysis, SODEP -Marsa Maroc stock appears to be overvalued. The current stock price of MAD880.00 is trading 56.9% above its estimated GF Value™ of MAD560.80. GuruFocus considers SODEP -Marsa Maroc to be Significantly Overvalued.

Key valuation signals for CAS:MSA:

  • Pre-Tax Income: MAD2,534 Mil
  • GF Value™: MAD560.80 vs. price of MAD880.00 (56.9% above fair value)
  • GF Score™: 89/100

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


SODEP -Marsa Maroc Business Description

Address 175, Boulevard Zerktouni, Casablanca, MAR, 20100
SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.
89GF Score

Get the complete analysis for CAS:MSA

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

MAD880.00
Price
MAD560.80
GF Value