Ciments du Maroc (CAS:CMA) Pretax Margin %: 33.19% (As of Dec. 2025) — Near Median

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CAS:CMA Ciments du Maroc SA CAS:CMA
73 GF Score
Price MAD1,622.00
GF Value MAD2,557.94
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ciments du Maroc Pretax Margin %?

Ciments du Maroc CAS:CMA +0.12% 73 Pretax Margin % is 33.19% as of Dec. 2025, which is 1% above its 10-year median of 32.94. GuruFocus rates CAS:CMA with a GF Score™ of 73/100 and a GF Value™ of MAD2,557.94 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 404 Building Materials companies, Ciments du Maroc ranks better than 95.05% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ciments du Maroc's Pre-Tax Income for the six months ended in Dec. 2025 was MAD1,081 Mil. Ciments du Maroc's Revenue for the six months ended in Dec. 2025 was MAD3,256 Mil. Therefore, Ciments du Maroc's pretax margin for the quarter that ended in Dec. 2025 was 33.19%.

The historical rank and industry rank for Ciments du Maroc's Pretax Margin % or its related term are showing as below:

CAS:CMA' s Pretax Margin % Range Over the Past 10 Years
Min: -2.57   Med: 32.94   Max: 40.97
Current: 36.29


CAS:CMA's Pretax Margin % is ranked better than
95.05% of 404 companies
in the Building Materials industry
Industry Median: 5.99 vs CAS:CMA: 36.29

Ciments du Maroc  (CAS:CMA) 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.


Ciments du Maroc Pretax Margin % Related Terms


Ciments du Maroc Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Ciments du Maroc'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.

Ciments du Maroc Pretax Margin % Chart

Ciments du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.97 31.69 32.48 33.03 36.29

Ciments du Maroc Semi-Annual Data
Jun16 Dec16 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 35.44 32.56 33.42 40.88 33.19

CAS:CMA vs CRH, VMC, MLM: Pretax Margin % Comparison

For the Building Materials subindustry, Ciments du Maroc'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.


Ciments du Maroc Pretax Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Pretax Margin % falls into.


CAS:CMA
73GF Score
Ciments du Maroc SA CAS:CMA
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ciments du Maroc 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.

Ciments du Maroc'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 )
=1981.247/5458.828
=36.29 %

Ciments du Maroc'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 )
=1080.762/3256.116
=33.19 %

* 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 33.19% mean?
Ciments du Maroc (CAS:CMA) has a Pretax Margin % of 33.19% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Ciments du Maroc and its competitors. This is near median its historical median of 32.94. According to the industry distribution chart, Ciments du Maroc ranks #20 out of 404 companies in the Building Materials industry, placing it in the top 5%.
Is Ciments du Maroc's Pretax Margin % too high?
Ciments du Maroc's current Pretax Margin % of 33.19% is near median its 10-year median of 32.94. The Building Materials industry median Pretax Margin % is 5.99. Ciments du Maroc's value of 33.19% is 454.1% above this industry median. Based on the distribution chart, Ciments du Maroc ranks #20 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Ciments du Maroc has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ciments du Maroc's Pretax Margin % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ciments du Maroc ranks #20 out of 404 companies for Pretax Margin %. This places Ciments du Maroc in the top 5% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.99. Ciments du Maroc's value of 33.19% is 454.1% above this benchmark. While the company's 10-year median is 32.94 vs. the industry median of 5.99, Ciments du Maroc 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 Building Materials company?
The median Pretax Margin % among Building Materials companies is 5.99, based on 404 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. Ciments du Maroc's current Pretax Margin % of 33.19% is 454.1% 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 Ciments du Maroc and its competitors. For the Building Materials industry, the median Pretax Margin % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciments du Maroc's current Pretax Margin % is 33.19%, which is near median its own 10-year median of 32.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ciments du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Ciments du Maroc (CAS:CMA) is currently considered Significantly Undervalued. The stock's GF Value™ is MAD2,557.94, compared to a current price of MAD1,622.00 — trading 36.6% below its estimated fair value. The current Pretax Margin % is 33.19%, which is near median its 10-year median of 32.94 and 454.1% above the Building Materials industry median of 5.99. Ciments du Maroc's overall GF Score™ is 73/100 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 Ciments du Maroc (CAS:CMA), the current Pretax Margin % is 33.19% 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 Ciments du Maroc (CAS:CMA) Overvalued in 2026?

Based on GuruFocus' analysis, Ciments du Maroc stock appears to be undervalued. The current stock price of MAD1,622.00 is trading 36.6% below its estimated GF Value™ of MAD2,557.94. GuruFocus considers Ciments du Maroc to be Significantly Undervalued.

Key valuation signals for CAS:CMA:

  • Pretax Margin %: 33.19% (near median its 10-year median of 32.94)
  • GF Value™: MAD2,557.94 vs. price of MAD1,622.00 (36.6% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 454.1% above the Building Materials median (#20 of 404)

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


Ciments du Maroc Business Description

Address 621. Boulevard Panoramique, Casablanca, MAR, 20150
Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.
73GF Score

Get the complete analysis for CAS:CMA

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

MAD1,622.00
Price
MAD2,557.94
GF Value