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LafargeHolcim MarocCAS:LHM -0.06%79 Return-on-Tangible-Asset is 19.86% as of Dec. 2025, which is 48% above its 10-year median of 13.45. GuruFocus rates CAS:LHM with a GF Score™ of 79/100 and a GF Value™ of MAD2,210.52 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 410 Building Materials companies, LafargeHolcim Maroc ranks better than 94.63% 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. LafargeHolcim Maroc's annualizedNet Income for the quarter that ended in Dec. 2025 was MAD2,497 Mil. LafargeHolcim Maroc's average total tangible assets for the quarter that ended in Dec. 2025 was MAD12,570 Mil. Therefore, LafargeHolcim Maroc's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 19.86%.
The historical rank and industry rank for LafargeHolcim Maroc's Return-on-Tangible-Asset or its related term are showing as below:
CAS:LHM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.47 Med: 13.45 Max: 17.26
Current: 17.23
During the past 13 years, LafargeHolcim Maroc's highest Return-on-Tangible-Asset was 17.26%. The lowest was 10.47%. And the median was 13.45%.
CAS:LHM's Return-on-Tangible-Asset is ranked better than 94.63% of 410
companies
in the Building Materials industry
Industry Median: 2.345
vs CAS:LHM: 17.23
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.
LafargeHolcim Maroc Return-on-Tangible-Asset Related Terms
LafargeHolcim Maroc Return-on-Tangible-Asset Historical Data
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The historical data trend for LafargeHolcim 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:LHM vs CRH, VMC, MLM: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, LafargeHolcim 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.
LafargeHolcim Maroc Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, LafargeHolcim Maroc's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where LafargeHolcim 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 19.86% mean?
LafargeHolcim Maroc (CAS:LHM) has a Return-on-Tangible-Asset of 19.86% 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 LafargeHolcim Maroc and its competitors. This is 48% above median its historical median of 13.45. Over the past decade, LafargeHolcim Maroc's Return-on-Tangible-Asset has ranged from 10.47 to 17.26. According to the industry distribution chart, LafargeHolcim Maroc ranks #22 out of 410 companies in the Building Materials industry, placing it in the top 5.4%.
Is LafargeHolcim Maroc's Return-on-Tangible-Asset too high?
LafargeHolcim Maroc's current Return-on-Tangible-Asset of 19.86% is 48% above median its 10-year median of 13.45. Over the past 10 years, this metric has ranged from a low of 10.47 to a high of 17.26. The Building Materials industry median Return-on-Tangible-Asset is 2.35. LafargeHolcim Maroc's value of 19.86% is 746.9% above this industry median. Based on the distribution chart, LafargeHolcim Maroc ranks #22 out of 410 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, LafargeHolcim Maroc has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LafargeHolcim Maroc's Return-on-Tangible-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, LafargeHolcim Maroc ranks #22 out of 410 companies for Return-on-Tangible-Asset. This places LafargeHolcim Maroc in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.35. LafargeHolcim Maroc's value of 19.86% is 746.9% above this benchmark. Historically, LafargeHolcim Maroc's own Return-on-Tangible-Asset has ranged from 10.47 to 17.26 over the past decade. While the company's 10-year median is 13.45 vs. the industry median of 2.35, LafargeHolcim 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.35, based on 410 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. LafargeHolcim Maroc's current Return-on-Tangible-Asset of 19.86% is 746.9% 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 LafargeHolcim Maroc and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LafargeHolcim Maroc's current Return-on-Tangible-Asset is 19.86%, which is 48% above median its own 10-year median of 13.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LafargeHolcim Maroc stock overvalued right now?
Based on GuruFocus' analysis, LafargeHolcim Maroc (CAS:LHM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD2,210.52, compared to a current price of MAD1,760.00 — trading 20.4% below its estimated fair value. The current Return-on-Tangible-Asset is 19.86%, which is 48% above median its 10-year median of 13.45 and 746.9% above the Building Materials industry median of 2.35. LafargeHolcim Maroc's overall GF Score™ is 79/100 with 1 warning sign 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 LafargeHolcim Maroc (CAS:LHM), the current Return-on-Tangible-Asset is 19.86% 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 LafargeHolcim Maroc (CAS:LHM) Overvalued in 2026?
Based on GuruFocus' analysis, LafargeHolcim Maroc stock appears to be undervalued.
The current stock price of MAD1,760.00 is trading 20.4% below its estimated GF Value™ of MAD2,210.52.
GuruFocus considers LafargeHolcim Maroc to be Modestly Undervalued.
Key valuation signals for CAS:LHM:
Return-on-Tangible-Asset: 19.86% (48% above median its 10-year median of 13.45)
GF Value™: MAD2,210.52 vs. price of MAD1,760.00 (20.4% below fair value)
Industry Position: 746.9% above the Building Materials median (#22 of 410)
No single metric tells the full story. See the CAS:LHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LafargeHolcim Maroc SA is a Morocco-based company. It is engaged in the manufacturing and sale of cement and hydraulic binders to the construction industry. Its product portfolio consists of cement, concretes, aggregates, plasters, and lime.
79GF Score
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