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Ciments du MarocCAS:CMA +0.12%73 Return-on-Tangible-Equity is 225.63% as of Dec. 2025, which is 710% above its 10-year median of 27.85. 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. Among 397 Building Materials companies, Ciments du Maroc ranks better than 97.48% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Ciments du Maroc's annualized net income for the quarter that ended in Dec. 2025 was MAD1,553 Mil. Ciments du Maroc's average shareholder tangible equity for the quarter that ended in Dec. 2025 was MAD688 Mil. Therefore, Ciments du Maroc's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 225.63%.
The historical rank and industry rank for Ciments du Maroc's Return-on-Tangible-Equity or its related term are showing as below:
CAS:CMA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.48 Med: 27.85 Max: 103.98
Current: 103.98
During the past 13 years, Ciments du Maroc's highest Return-on-Tangible-Equity was 103.98%. The lowest was -2.48%. And the median was 27.85%.
CAS:CMA's Return-on-Tangible-Equity is ranked better than 97.48% of 397
companies
in the Building Materials industry
Industry Median: 5.06
vs CAS:CMA: 103.98
Ciments du Maroc (CAS:CMA) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Ciments du Maroc Return-on-Tangible-Equity Related Terms
Ciments du Maroc Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ciments du Maroc's Return-on-Tangible-Equity 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:CMA vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, Ciments du Maroc's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Ciments du Maroc Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ciments du Maroc's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 225.63% mean?
Ciments du Maroc (CAS:CMA) has a Return-on-Tangible-Equity of 225.63% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ciments du Maroc and its competitors. This is 710% above median its historical median of 27.85. According to the industry distribution chart, Ciments du Maroc ranks #10 out of 397 companies in the Building Materials industry, placing it in the top 2.5%.
Is Ciments du Maroc's Return-on-Tangible-Equity too high?
Ciments du Maroc's current Return-on-Tangible-Equity of 225.63% is 710% above median its 10-year median of 27.85. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Ciments du Maroc's value of 225.63% is 4359.1% above this industry median. Based on the distribution chart, Ciments du Maroc ranks #10 out of 397 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. 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 Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ciments du Maroc ranks #10 out of 397 companies for Return-on-Tangible-Equity. This places Ciments du Maroc in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.06. Ciments du Maroc's value of 225.63% is 4359.1% above this benchmark. While the company's 10-year median is 27.85 vs. the industry median of 5.06, Ciments 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-Equity for a Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ciments du Maroc's current Return-on-Tangible-Equity of 225.63% is 4359.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ciments du Maroc and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ciments du Maroc's current Return-on-Tangible-Equity is 225.63%, which is 710% above median its own 10-year median of 27.85. 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 MAD1,622.00 — trading 36.6% below its estimated fair value. The current Return-on-Tangible-Equity is 225.63%, which is 710% above median its 10-year median of 27.85 and 4359.1% above the Building Materials industry median of 5.06. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Ciments du Maroc (CAS:CMA), the current Return-on-Tangible-Equity is 225.63% 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 MAD1,622.00 is trading 36.6% below its estimated GF Value™ of MAD2,557.94.
GuruFocus considers Ciments du Maroc to be Significantly Undervalued.
Key valuation signals for CAS:CMA:
Return-on-Tangible-Equity: 225.63% (710% above median its 10-year median of 27.85)
GF Value™: MAD2,557.94 vs. price of MAD1,622.00 (36.6% below fair value)
Industry Position: 4359.1% above the Building Materials median (#10 of 397)
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 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
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