Total Energies Marketing Maroc (CAS:TMA) Return-on-Tangible-Asset: 11.85% (As of Dec. 2025) — 15% Above Median


CAS:TMA Total Energies Marketing Maroc CAS:TMA
82 GF Score
Price MAD1,492.00
GF Value MAD1,225.60
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Total Energies Marketing Maroc Return-on-Tangible-Asset?

Total Energies Marketing Maroc CAS:TMA +0.07% 82 Return-on-Tangible-Asset is 11.85% as of Dec. 2025, which is 15% above its 10-year median of 10.30. GuruFocus rates CAS:TMA with a GF Score™ of 82/100 and a GF Value™ of MAD1,225.60 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,025 Oil & Gas companies, Total Energies Marketing Maroc ranks better than 84.49% 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. Total Energies Marketing Maroc's annualized Net Income for the quarter that ended in Dec. 2025 was MAD1,054 Mil. Total Energies Marketing Maroc's average total tangible assets for the quarter that ended in Dec. 2025 was MAD8,891 Mil. Therefore, Total Energies Marketing Maroc's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.85%.

The historical rank and industry rank for Total Energies Marketing Maroc's Return-on-Tangible-Asset or its related term are showing as below:

CAS:TMA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.53   Med: 10.3   Max: 20.1
Current: 9.57

During the past 12 years, Total Energies Marketing Maroc's highest Return-on-Tangible-Asset was 20.10%. The lowest was 0.53%. And the median was 10.30%.

CAS:TMA's Return-on-Tangible-Asset is ranked better than
84.49% of 1025 companies
in the Oil & Gas industry
Industry Median: 1.99 vs CAS:TMA: 9.57

Total Energies Marketing Maroc  (CAS:TMA) 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.


Total Energies Marketing Maroc Return-on-Tangible-Asset Related Terms


Total Energies Marketing Maroc Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Total Energies Marketing 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.

Total Energies Marketing Maroc Return-on-Tangible-Asset Chart

Total Energies Marketing Maroc Annual Data
Trend Dec16 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 12.75 5.57 0.53 10.17 10.43

Total Energies Marketing Maroc Semi-Annual Data
Jun16 Dec16 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 -1.04 9.12 12.24 6.74 11.85

CAS:TMA vs VLO, MPC, PSX: Return-on-Tangible-Asset Comparison

For the Oil & Gas Refining & Marketing subindustry, Total Energies Marketing 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.


Total Energies Marketing Maroc Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Total Energies Marketing Maroc's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Total Energies Marketing Maroc's Return-on-Tangible-Asset falls into.


CAS:TMA
82GF Score
Total Energies Marketing Maroc CAS:TMA
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Total Energies Marketing Maroc Return-on-Tangible-Asset Calculation

Total Energies Marketing Maroc'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 )
=851.083/( (0+8163.69)/ 1 )
=851.083/8163.69
=10.43 %

Total Energies Marketing Maroc'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 )
=1053.62/( (9618.555+8163.69)/ 2 )
=1053.62/8891.1225
=11.85 %

* 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 11.85% mean?
Total Energies Marketing Maroc (CAS:TMA) has a Return-on-Tangible-Asset of 11.85% 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 Total Energies Marketing Maroc and its competitors. This is 15% above median its historical median of 10.30. Over the past decade, Total Energies Marketing Maroc's Return-on-Tangible-Asset has ranged from 0.53 to 20.10. According to the industry distribution chart, Total Energies Marketing Maroc ranks #159 out of 1025 companies in the Oil & Gas industry, placing it in the top 15.5%.
Is Total Energies Marketing Maroc's Return-on-Tangible-Asset too high?
Total Energies Marketing Maroc's current Return-on-Tangible-Asset of 11.85% is 15% above median its 10-year median of 10.30. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 20.10. The Oil & Gas industry median Return-on-Tangible-Asset is 1.99. Total Energies Marketing Maroc's value of 11.85% is 495.5% above this industry median. Based on the distribution chart, Total Energies Marketing Maroc ranks #159 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Total Energies Marketing Maroc has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Total Energies Marketing Maroc's Return-on-Tangible-Asset compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Total Energies Marketing Maroc ranks #159 out of 1025 companies for Return-on-Tangible-Asset. This places Total Energies Marketing Maroc in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Total Energies Marketing Maroc's value of 11.85% is 495.5% above this benchmark. Historically, Total Energies Marketing Maroc's own Return-on-Tangible-Asset has ranged from 0.53 to 20.10 over the past decade. While the company's 10-year median is 10.30 vs. the industry median of 1.99, Total Energies Marketing 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 1.99, based on 1,025 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. Total Energies Marketing Maroc's current Return-on-Tangible-Asset of 11.85% is 495.5% 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 Total Energies Marketing Maroc and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Total Energies Marketing Maroc's current Return-on-Tangible-Asset is 11.85%, which is 15% above median its own 10-year median of 10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Total Energies Marketing Maroc stock overvalued right now?
Based on GuruFocus' analysis, Total Energies Marketing Maroc (CAS:TMA) is currently considered Modestly Overvalued. The stock's GF Value™ is MAD1,225.60, compared to a current price of MAD1,492.00 — trading 21.7% above its estimated fair value. The current Return-on-Tangible-Asset is 11.85%, which is 15% above median its 10-year median of 10.30 and 495.5% above the Oil & Gas industry median of 1.99. Total Energies Marketing Maroc's overall GF Score™ is 82/100 with 3 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 Total Energies Marketing Maroc (CAS:TMA), the current Return-on-Tangible-Asset is 11.85% 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 Total Energies Marketing Maroc (CAS:TMA) Overvalued in 2026?

Based on GuruFocus' analysis, Total Energies Marketing Maroc stock appears to be overvalued. The current stock price of MAD1,492.00 is trading 21.7% above its estimated GF Value™ of MAD1,225.60. GuruFocus considers Total Energies Marketing Maroc to be Modestly Overvalued.

Key valuation signals for CAS:TMA:

  • Return-on-Tangible-Asset: 11.85% (15% above median its 10-year median of 10.30)
  • GF Value™: MAD1,225.60 vs. price of MAD1,492.00 (21.7% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 495.5% above the Oil & Gas median (#159 of 1025)

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


Total Energies Marketing Maroc Business Description

Industry EnergyOil & Gas
Address 146, boulevard Zerktouni, Casablanca, MAR, 20000
Total Energies Marketing Maroc is an international oil and gas company. It is engaged in trade of oil, shale and their derivatives, greasy substances, simple or compound of mineral or organic origin, essential oils and all by-products of the materials. It engages in research, exploitation of oil fields, the acquisition of interests in existing companies, the purchase and sale of crude oil and finished products, and all industrial, mining, commercial, financial, and Real estate development.
82GF Score

Get the complete analysis for CAS:TMA

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

MAD1,492.00
Price
MAD1,225.60
GF Value