Ciments du Maroc (CAS:CMA) Retained Earnings: MAD1,377 Mil (As of Dec. 2025)

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CAS:CMA Ciments du Maroc SA CAS:CMA
73 GF Score
Price MAD1,620.00
GF Value MAD2,557.94
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Ciments du Maroc Retained Earnings?

Ciments du Maroc CAS:CMA -0.12% 73 Retained Earnings is MAD1,377 Mil as of Dec. 2025. 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.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ciments du Maroc's retained earnings for the quarter that ended in Dec. 2025 was MAD1,377 Mil.

Ciments du Maroc's quarterly retained earnings declined from Dec. 2024 (MAD914 Mil) to Jun. 2025 (MAD601 Mil) but then increased from Jun. 2025 (MAD601 Mil) to Dec. 2025 (MAD1,377 Mil).

Ciments du Maroc's annual retained earnings declined from Dec. 2023 (MAD970 Mil) to Dec. 2024 (MAD914 Mil) but then increased from Dec. 2024 (MAD914 Mil) to Dec. 2025 (MAD1,377 Mil).


Ciments du Maroc  (CAS:CMA) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Ciments du Maroc Retained Earnings Historical Data

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The historical data trend for Ciments du Maroc's Retained Earnings 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 Retained Earnings Chart

Ciments du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,197.05 905.08 970.20 914.16 1,377.43

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
Retained Earnings 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 970.20 432.96 914.16 601.00 1,377.43
CAS:CMA
73GF Score
Ciments du Maroc SA CAS:CMA
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Ciments du Maroc Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of MAD1,377 Mil mean?
Ciments du Maroc (CAS:CMA) has a Retained Earnings of MAD1,377 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ciments du Maroc and its competitors.
Is Ciments du Maroc's Retained Earnings too high?
Ciments du Maroc's current Retained Earnings is MAD1,377 Mil. 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 Retained Earnings compare to CRH and VMC?
Ciments du Maroc's Retained Earnings of MAD1,377 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Building Materials company?
A good Retained Earnings depends on the Building Materials industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ciments du Maroc and its competitors. Ciments du Maroc's current Retained Earnings is MAD1,377 Mil. 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 MAD1,620.00 — trading 36.7% below its estimated fair value. The current Retained Earnings is MAD1,377 Mil. 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Retained Earnings is MAD1,377 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 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 MAD1,620.00 is trading 36.7% below its estimated GF Value™ of MAD2,557.94. GuruFocus considers Ciments du Maroc to be Significantly Undervalued.

Key valuation signals for CAS:CMA:

  • Retained Earnings: MAD1,377 Mil
  • GF Value™: MAD2,557.94 vs. price of MAD1,620.00 (36.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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

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

MAD1,620.00
Price
MAD2,557.94
GF Value