Societe des Boissons du Maroc (CAS:SBM) Pretax Margin %: 20.62% (As of Dec. 2025) — Near Median


CAS:SBM Societe des Boissons du Maroc CAS:SBM
84 GF Score
Price MAD2,012.00
GF Value MAD2,567.14
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Societe des Boissons du Maroc Pretax Margin %?

Societe des Boissons du Maroc CAS:SBM 84 Pretax Margin % is 20.62% as of Dec. 2025, which is 1% below its 10-year median of 20.81. GuruFocus rates CAS:SBM with a GF Score™ of 84/100 and a GF Value™ of MAD2,567.14 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Societe des Boissons du Maroc ranks better than 78.67% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Societe des Boissons du Maroc's Pre-Tax Income for the six months ended in Dec. 2025 was MAD392 Mil. Societe des Boissons du Maroc's Revenue for the six months ended in Dec. 2025 was MAD1,899 Mil. Therefore, Societe des Boissons du Maroc's pretax margin for the quarter that ended in Dec. 2025 was 20.62%.

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

CAS:SBM' s Pretax Margin % Range Over the Past 10 Years
Min: 12.59   Med: 20.81   Max: 29.91
Current: 17.59


CAS:SBM's Pretax Margin % is ranked better than
78.67% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 5.99 vs CAS:SBM: 17.59

Societe des Boissons du Maroc  (CAS:SBM) 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.


Societe des Boissons du Maroc Pretax Margin % Related Terms


Societe des Boissons du Maroc Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Societe des Boissons 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.

Societe des Boissons du Maroc Pretax Margin % Chart

Societe des Boissons 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 19.62 21.30 29.91 12.59 17.59

Societe des Boissons du Maroc Semi-Annual Data
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 39.71 9.89 14.32 12.72 20.62

CAS:SBM vs BF.B: Pretax Margin % Comparison

For the Beverages - Wineries & Distilleries subindustry, Societe des Boissons 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.


Societe des Boissons du Maroc Pretax Margin % vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Societe des Boissons du Maroc's Pretax Margin % distribution charts can be found below:

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


CAS:SBM
84GF Score
Societe des Boissons du Maroc CAS:SBM
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Societe des Boissons 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.

Societe des Boissons 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 )
=541.917/3080.236
=17.59 %

Societe des Boissons 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 )
=391.68/1899.108
=20.62 %

* 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 20.62% mean?
Societe des Boissons du Maroc (CAS:SBM) has a Pretax Margin % of 20.62% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Societe des Boissons du Maroc and its competitors. This is near median its historical median of 20.81. Over the past decade, Societe des Boissons du Maroc's Pretax Margin % has ranged from 12.59 to 29.91. According to the industry distribution chart, Societe des Boissons du Maroc ranks #45 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 21.3%.
Is Societe des Boissons du Maroc's Pretax Margin % too high?
Societe des Boissons du Maroc's current Pretax Margin % of 20.62% is near median its 10-year median of 20.81. Over the past 10 years, this metric has ranged from a low of 12.59 to a high of 29.91. The Beverages - Alcoholic industry median Pretax Margin % is 5.99. Societe des Boissons du Maroc's value of 20.62% is 244.2% above this industry median. Based on the distribution chart, Societe des Boissons du Maroc ranks #45 out of 211 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Societe des Boissons du Maroc has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Societe des Boissons du Maroc's Pretax Margin % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Societe des Boissons du Maroc ranks #45 out of 211 companies for Pretax Margin %. This places Societe des Boissons du Maroc in the top 21% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.99. Societe des Boissons du Maroc's value of 20.62% is 244.2% above this benchmark. Historically, Societe des Boissons du Maroc's own Pretax Margin % has ranged from 12.59 to 29.91 over the past decade. While the company's 10-year median is 20.81 vs. the industry median of 5.99, Societe des Boissons 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 Beverages - Alcoholic company?
The median Pretax Margin % among Beverages - Alcoholic companies is 5.99, based on 211 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. Societe des Boissons du Maroc's current Pretax Margin % of 20.62% is 244.2% 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 Societe des Boissons du Maroc and its competitors. For the Beverages - Alcoholic 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. Societe des Boissons du Maroc's current Pretax Margin % is 20.62%, which is near median its own 10-year median of 20.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe des Boissons du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Societe des Boissons du Maroc (CAS:SBM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD2,567.14, compared to a current price of MAD2,012.00 — trading 21.6% below its estimated fair value. The current Pretax Margin % is 20.62%, which is near median its 10-year median of 20.81 and 244.2% above the Beverages - Alcoholic industry median of 5.99. Societe des Boissons du Maroc's overall GF Score™ is 84/100 with 2 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 Societe des Boissons du Maroc (CAS:SBM), the current Pretax Margin % is 20.62% 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 Societe des Boissons du Maroc (CAS:SBM) Overvalued in 2026?

Based on GuruFocus' analysis, Societe des Boissons du Maroc stock appears to be undervalued. The current stock price of MAD2,012.00 is trading 21.6% below its estimated GF Value™ of MAD2,567.14. GuruFocus considers Societe des Boissons du Maroc to be Modestly Undervalued.

Key valuation signals for CAS:SBM:

  • Pretax Margin %: 20.62% (near median its 10-year median of 20.81)
  • GF Value™: MAD2,567.14 vs. price of MAD2,012.00 (21.6% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 244.2% above the Beverages - Alcoholic median (#45 of 211)

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


Societe des Boissons du Maroc Business Description

Address No. 38 Boulevard Ain Ifrane, Lot Alamia, Sidi Moumen, Casablanca, MAR, 20400
Societe des Boissons du Maroc is a Morocco-based company engaged in the business of manufacturing wine, beer, soft drinks and mineral water.
84GF Score

Get the complete analysis for CAS:SBM

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

MAD2,012.00
Price
MAD2,567.14
GF Value