Alliances Developpement Immobilier (CAS:ADI) Pretax Margin %: 22.29% (As of Dec. 2025) — 69% Above Median


CAS:ADI Alliances Developpement Immobilier SA CAS:ADI
65 GF Score
Price MAD405.00
GF Value MAD404.04
Valuation Fairly Valued
! 4 Warning Signs
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What is Alliances Developpement Immobilier Pretax Margin %?

Alliances Developpement Immobilier CAS:ADI +1.76% 65 Pretax Margin % is 22.29% as of Dec. 2025, which is 69% above its 10-year median of 13.21. GuruFocus rates CAS:ADI with a GF Score™ of 65/100 and a GF Value™ of MAD404.04 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,754 Real Estate companies, Alliances Developpement Immobilier ranks better than 61.86% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Alliances Developpement Immobilier's Pre-Tax Income for the six months ended in Dec. 2025 was MAD245 Mil. Alliances Developpement Immobilier's Revenue for the six months ended in Dec. 2025 was MAD1,098 Mil. Therefore, Alliances Developpement Immobilier's pretax margin for the quarter that ended in Dec. 2025 was 22.29%.

The historical rank and industry rank for Alliances Developpement Immobilier's Pretax Margin % or its related term are showing as below:

CAS:ADI' s Pretax Margin % Range Over the Past 10 Years
Min: -29.83   Med: 13.21   Max: 21.35
Current: 21.35


CAS:ADI's Pretax Margin % is ranked better than
61.86% of 1754 companies
in the Real Estate industry
Industry Median: 12.265 vs CAS:ADI: 21.35

Alliances Developpement Immobilier  (CAS:ADI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Alliances Developpement Immobilier Pretax Margin % Related Terms


Alliances Developpement Immobilier Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Alliances Developpement Immobilier's Pretax Margin % 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 Pretax Margin % Chart

Alliances Developpement Immobilier Annual Data
Trend Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.90 14.51 16.09 17.05 21.35

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
Pretax Margin % 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 17.10 18.06 15.99 20.58 22.29

Alliances Developpement Immobilier Pretax Margin % Competitor Comparison

For the Real Estate - Diversified subindustry, Alliances Developpement Immobilier's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Alliances Developpement Immobilier's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Alliances Developpement Immobilier's Pretax Margin % falls into.


CAS:ADI
65GF Score
Alliances Developpement Immobilier SA CAS:ADI
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Alliances Developpement Immobilier Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

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

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=519.199/2431.512
=21.35 %

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

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=244.806/1098.044
=22.29 %

* 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 Pretax Margin % →
What does a Pretax Margin % of 22.29% mean?
Alliances Developpement Immobilier (CAS:ADI) has a Pretax Margin % of 22.29% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Alliances Developpement Immobilier and its competitors. This is 69% above median its historical median of 13.21. According to the industry distribution chart, Alliances Developpement Immobilier ranks #669 out of 1754 companies in the Real Estate industry, placing it in the top 38.1%.
Is Alliances Developpement Immobilier's Pretax Margin % too high?
Alliances Developpement Immobilier's current Pretax Margin % of 22.29% is 69% above median its 10-year median of 13.21. The Real Estate industry median Pretax Margin % is 12.27. Alliances Developpement Immobilier's value of 22.29% is 81.7% above this industry median. Based on the distribution chart, Alliances Developpement Immobilier ranks #669 out of 1754 companies in the Real Estate industry, which is above the industry midpoint. Overall, Alliances Developpement Immobilier has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alliances Developpement Immobilier's Pretax Margin % compare to competitors?
According to the Real Estate industry distribution chart, Alliances Developpement Immobilier ranks #669 out of 1754 companies for Pretax Margin %. This puts Alliances Developpement Immobilier in the upper half of its industry. The industry median Pretax Margin % is 12.27. Alliances Developpement Immobilier's value of 22.29% is 81.7% above this benchmark. While the company's 10-year median is 13.21 vs. the industry median of 12.27, Alliances Developpement Immobilier has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Real Estate company?
The median Pretax Margin % among Real Estate companies is 12.27, based on 1,754 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alliances Developpement Immobilier's current Pretax Margin % of 22.29% is 81.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Alliances Developpement Immobilier and its competitors. For the Real Estate industry, the median Pretax Margin % is 12.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliances Developpement Immobilier's current Pretax Margin % is 22.29%, which is 69% above median its own 10-year median of 13.21. 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 MAD404.04, compared to a current price of MAD405.00 — trading 0.2% above its estimated fair value. The current Pretax Margin % is 22.29%, which is 69% above median its 10-year median of 13.21 and 81.7% above the Real Estate industry median of 12.27. Alliances Developpement Immobilier's overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Alliances Developpement Immobilier (CAS:ADI), the current Pretax Margin % is 22.29% 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 MAD405.00 is trading 0.2% above its estimated GF Value™ of MAD404.04. GuruFocus considers Alliances Developpement Immobilier to be Fairly Valued.

Key valuation signals for CAS:ADI:

  • Pretax Margin %: 22.29% (69% above median its 10-year median of 13.21)
  • GF Value™: MAD404.04 vs. price of MAD405.00 (0.2% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 81.7% above the Real Estate median (#669 of 1754)

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.
65GF Score

Get the complete analysis for CAS:ADI

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

MAD405.00
Price
MAD404.04
GF Value