Alliances Developpement Immobilier (CAS:ADI) Return-on-Tangible-Asset: 4.22% (As of Dec. 2025) — 141% Above Median


CAS:ADI Alliances Developpement Immobilier SA CAS:ADI
65 GF Score
Price MAD388.95
GF Value MAD411.93
Valuation Fairly Valued
! 4 Warning Signs
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What is Alliances Developpement Immobilier Return-on-Tangible-Asset?

Alliances Developpement Immobilier CAS:ADI -0.89% 65 Return-on-Tangible-Asset is 4.22% as of Dec. 2025, which is 141% above its 10-year median of 1.75. GuruFocus rates CAS:ADI with a GF Score™ of 65/100 and a GF Value™ of MAD411.93 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,800 Real Estate companies, Alliances Developpement Immobilier ranks better than 74.22% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Alliances Developpement Immobilier's annualized Net Income for the quarter that ended in Dec. 2025 was MAD395 Mil. Alliances Developpement Immobilier's average total tangible assets for the quarter that ended in Dec. 2025 was MAD9,361 Mil. Therefore, Alliances Developpement Immobilier's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 4.22%.

The historical rank and industry rank for Alliances Developpement Immobilier's Return-on-Tangible-Asset or its related term are showing as below:

CAS:ADI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.41   Med: 1.75   Max: 4.34
Current: 4.34

During the past 13 years, Alliances Developpement Immobilier's highest Return-on-Tangible-Asset was 4.34%. The lowest was -3.41%. And the median was 1.75%.

CAS:ADI's Return-on-Tangible-Asset is ranked better than
74.22% of 1800 companies
in the Real Estate industry
Industry Median: 1.77 vs CAS:ADI: 4.34

Alliances Developpement Immobilier  (CAS:ADI) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Alliances Developpement Immobilier Return-on-Tangible-Asset Related Terms


Alliances Developpement Immobilier Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Alliances Developpement Immobilier's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart

Alliances Developpement Immobilier Annual Data
Trend Dec13 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.44 2.05 2.94 4.30

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
Return-on-Tangible-Asset 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 2.36 3.06 2.76 4.49 4.22

Alliances Developpement Immobilier Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Diversified subindustry, Alliances Developpement Immobilier's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Alliances Developpement Immobilier's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Alliances Developpement Immobilier's Return-on-Tangible-Asset falls into.


CAS:ADI
65GF Score
Alliances Developpement Immobilier SA CAS:ADI
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alliances Developpement Immobilier Return-on-Tangible-Asset Calculation

Alliances Developpement Immobilier's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=407.601/( (9475.552+9464.681)/ 2 )
=407.601/9470.1165
=4.30 %

Alliances Developpement Immobilier's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=394.658/( (9257.002+9464.681)/ 2 )
=394.658/9360.8415
=4.22 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 4.22% mean?
Alliances Developpement Immobilier (CAS:ADI) has a Return-on-Tangible-Asset of 4.22% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Alliances Developpement Immobilier and its competitors. This is 141% above median its historical median of 1.75. According to the industry distribution chart, Alliances Developpement Immobilier ranks #464 out of 1800 companies in the Real Estate industry, placing it in the top 25.8%.
Is Alliances Developpement Immobilier's Return-on-Tangible-Asset too high?
Alliances Developpement Immobilier's current Return-on-Tangible-Asset of 4.22% is 141% above median its 10-year median of 1.75. The Real Estate industry median Return-on-Tangible-Asset is 1.77. Alliances Developpement Immobilier's value of 4.22% is 138.4% above this industry median. Based on the distribution chart, Alliances Developpement Immobilier ranks #464 out of 1800 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 Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Alliances Developpement Immobilier ranks #464 out of 1800 companies for Return-on-Tangible-Asset. This puts Alliances Developpement Immobilier in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.77. Alliances Developpement Immobilier's value of 4.22% is 138.4% above this benchmark. While the company's 10-year median is 1.75 vs. the industry median of 1.77, 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 Return-on-Tangible-Asset for a Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.77, based on 1,800 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alliances Developpement Immobilier's current Return-on-Tangible-Asset of 4.22% is 138.4% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Alliances Developpement Immobilier and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliances Developpement Immobilier's current Return-on-Tangible-Asset is 4.22%, which is 141% above median its own 10-year median of 1.75. 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 MAD411.93, compared to a current price of MAD388.95 — trading 5.6% below its estimated fair value. The current Return-on-Tangible-Asset is 4.22%, which is 141% above median its 10-year median of 1.75 and 138.4% above the Real Estate industry median of 1.77. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Alliances Developpement Immobilier (CAS:ADI), the current Return-on-Tangible-Asset is 4.22% 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 undervalued. The current stock price of MAD388.95 is trading 5.6% below its estimated GF Value™ of MAD411.93. GuruFocus considers Alliances Developpement Immobilier to be Fairly Valued.

Key valuation signals for CAS:ADI:

  • Return-on-Tangible-Asset: 4.22% (141% above median its 10-year median of 1.75)
  • GF Value™: MAD411.93 vs. price of MAD388.95 (5.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 138.4% above the Real Estate median (#464 of 1800)

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

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD388.95
Price
MAD411.93
GF Value