Credit du MarocCAS:CDM 56 Return-on-Tangible-Asset is 1.32% as of Mar. 2026, which is 57% above its 10-year median of 0.84. GuruFocus rates CAS:CDM with a GF Score™ of 56/100 and a GF Value™ of MAD1,083.62 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,530 Banks companies, Credit du Maroc ranks better than 61.96% 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. Credit du Maroc's annualizedNet Income for the quarter that ended in Mar. 2026 was MAD1,087 Mil. Credit du Maroc's average total tangible assets for the quarter that ended in Mar. 2026 was MAD82,105 Mil. Therefore, Credit du Maroc's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.32%.
The historical rank and industry rank for Credit du Maroc's Return-on-Tangible-Asset or its related term are showing as below:
CAS:CDM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.84 Max: 1.18
Current: 1.18
During the past 13 years, Credit du Maroc's highest Return-on-Tangible-Asset was 1.18%. The lowest was 0.33%. And the median was 0.84%.
CAS:CDM's Return-on-Tangible-Asset is ranked better than 61.96% of 1530
companies
in the Banks industry
Industry Median: 0.99
vs CAS:CDM: 1.18
Credit du Maroc (CAS:CDM) 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 companys 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 companys 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.
Credit du Maroc Return-on-Tangible-Asset Related Terms
Credit du Maroc Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Credit du Maroc'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.
CAS:CDM vs PNC, USB: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Credit du Maroc'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.
Credit du Maroc Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Credit du Maroc's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Credit du Maroc's Return-on-Tangible-Asset falls into.
* 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.32% mean?
Credit du Maroc (CAS:CDM) has a Return-on-Tangible-Asset of 1.32% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Credit du Maroc and its competitors. This is 57% above median its historical median of 0.84. Over the past decade, Credit du Maroc's Return-on-Tangible-Asset has ranged from 0.33 to 1.18. According to the industry distribution chart, Credit du Maroc ranks #582 out of 1530 companies in the Banks industry, placing it in the top 38%.
Is Credit du Maroc's Return-on-Tangible-Asset too high?
Credit du Maroc's current Return-on-Tangible-Asset of 1.32% is 57% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 1.18. The Banks industry median Return-on-Tangible-Asset is 0.99. Credit du Maroc's value of 1.32% is 33.3% above this industry median. Based on the distribution chart, Credit du Maroc ranks #582 out of 1530 companies in the Banks industry, which is above the industry midpoint. Overall, Credit du Maroc has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Credit du Maroc's Return-on-Tangible-Asset compare to PNC and USB?
According to the Banks industry distribution chart, Credit du Maroc ranks #582 out of 1530 companies for Return-on-Tangible-Asset. This puts Credit du Maroc in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.99. Credit du Maroc's value of 1.32% is 33.3% above this benchmark. Historically, Credit du Maroc's own Return-on-Tangible-Asset has ranged from 0.33 to 1.18 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.99, Credit 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 Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,530 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. Credit du Maroc's current Return-on-Tangible-Asset of 1.32% is 33.3% 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 Credit du Maroc and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credit du Maroc's current Return-on-Tangible-Asset is 1.32%, which is 57% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credit du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Credit du Maroc (CAS:CDM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD1,083.62, compared to a current price of MAD971.00 — trading 10.4% below its estimated fair value. The current Return-on-Tangible-Asset is 1.32%, which is 57% above median its 10-year median of 0.84 and 33.3% above the Banks industry median of 0.99. Credit du Maroc's overall GF Score™ is 56/100 with 2 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 Credit du Maroc (CAS:CDM), the current Return-on-Tangible-Asset is 1.32% as of Mar. 2026. 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 Credit du Maroc (CAS:CDM) Overvalued in 2026?
Based on GuruFocus' analysis, Credit du Maroc stock appears to be undervalued.
The current stock price of MAD971.00 is trading 10.4% below its estimated GF Value™ of MAD1,083.62.
GuruFocus considers Credit du Maroc to be Modestly Undervalued.
Key valuation signals for CAS:CDM:
Return-on-Tangible-Asset: 1.32% (57% above median its 10-year median of 0.84)
GF Value™: MAD1,083.62 vs. price of MAD971.00 (10.4% below fair value)
Industry Position: 33.3% above the Banks median (#582 of 1530)
No single metric tells the full story. See the CAS:CDM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Credit du Maroc SA provides banking services. The company provides commercial banking activities and financial. commercial. property-related activities for its customers in Morocco or overseas.
56GF Score
Get the complete analysis for CAS:CDM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CAS:CDM has been successfully added to your 
