SODEP -Marsa Maroc (CAS:MSA) Return-on-Tangible-Equity: 62.52% (As of Dec. 2025) — Near Median

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CAS:MSA SODEP -Marsa Maroc SA CAS:MSA
88 GF Score
Price MAD865.00
GF Value MAD551.32
Valuation Significantly Overvalued
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What is SODEP -Marsa Maroc Return-on-Tangible-Equity?

SODEP -Marsa Maroc CAS:MSA 88 Return-on-Tangible-Equity is 62.52% as of Dec. 2025, which is 0% above its 10-year median of 62.28. GuruFocus rates CAS:MSA with a GF Score™ of 88/100 and a GF Value™ of MAD551.32 (Significantly Overvalued). Among 978 Transportation companies, SODEP -Marsa Maroc ranks better than 91.92% 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. SODEP -Marsa Maroc's annualized net income for the quarter that ended in Dec. 2025 was MAD1,631 Mil. SODEP -Marsa Maroc's average shareholder tangible equity for the quarter that ended in Dec. 2025 was MAD2,609 Mil. Therefore, SODEP -Marsa Maroc's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 62.52%.

The historical rank and industry rank for SODEP -Marsa Maroc's Return-on-Tangible-Equity or its related term are showing as below:

CAS:MSA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 32.2   Med: 62.28   Max: 86.56
Current: 65.1

During the past 11 years, SODEP -Marsa Maroc's highest Return-on-Tangible-Equity was 86.56%. The lowest was 32.20%. And the median was 62.28%.

CAS:MSA's Return-on-Tangible-Equity is ranked better than
91.92% of 978 companies
in the Transportation industry
Industry Median: 8.985 vs CAS:MSA: 65.10

SODEP -Marsa Maroc  (CAS:MSA) 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.


SODEP -Marsa Maroc Return-on-Tangible-Equity Related Terms


SODEP -Marsa Maroc Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for SODEP -Marsa 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.

SODEP -Marsa Maroc Return-on-Tangible-Equity Chart

SODEP -Marsa Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.56 82.42 65.15 71.21 62.18

SODEP -Marsa Maroc Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity 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 67.36 86.45 72.28 71.66 62.52

CAS:MSA vs KEX: Return-on-Tangible-Equity Comparison

For the Marine Shipping subindustry, SODEP -Marsa 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.


SODEP -Marsa Maroc Return-on-Tangible-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SODEP -Marsa Maroc's Return-on-Tangible-Equity falls into.


CAS:MSA
88GF Score
SODEP -Marsa Maroc SA CAS:MSA
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SODEP -Marsa Maroc Return-on-Tangible-Equity Calculation

SODEP -Marsa Maroc's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1588.764/( (2103.323+3006.503 )/ 2 )
=1588.764/2554.913
=62.18 %

SODEP -Marsa Maroc's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=1631.288/( (2212.035+3006.503)/ 2 )
=1631.288/2609.269
=62.52 %

* 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 62.52% mean?
SODEP -Marsa Maroc (CAS:MSA) has a Return-on-Tangible-Equity of 62.52% 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 SODEP -Marsa Maroc and its competitors. This is near median its historical median of 62.28. Over the past decade, SODEP -Marsa Maroc's Return-on-Tangible-Equity has ranged from 32.20 to 86.56. According to the industry distribution chart, SODEP -Marsa Maroc ranks #79 out of 978 companies in the Transportation industry, placing it in the top 8.1%.
Is SODEP -Marsa Maroc's Return-on-Tangible-Equity too high?
SODEP -Marsa Maroc's current Return-on-Tangible-Equity of 62.52% is near median its 10-year median of 62.28. Over the past 10 years, this metric has ranged from a low of 32.20 to a high of 86.56. The Transportation industry median Return-on-Tangible-Equity is 8.99. SODEP -Marsa Maroc's value of 62.52% is 595.8% above this industry median. Based on the distribution chart, SODEP -Marsa Maroc ranks #79 out of 978 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, SODEP -Marsa Maroc has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SODEP -Marsa Maroc's Return-on-Tangible-Equity compare to KEX?
According to the Transportation industry distribution chart, SODEP -Marsa Maroc ranks #79 out of 978 companies for Return-on-Tangible-Equity. This places SODEP -Marsa Maroc in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.99. SODEP -Marsa Maroc's value of 62.52% is 595.8% above this benchmark. Historically, SODEP -Marsa Maroc's own Return-on-Tangible-Equity has ranged from 32.20 to 86.56 over the past decade. While the company's 10-year median is 62.28 vs. the industry median of 8.99, SODEP -Marsa 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 978 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. SODEP -Marsa Maroc's current Return-on-Tangible-Equity of 62.52% is 595.8% 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 SODEP -Marsa Maroc and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SODEP -Marsa Maroc's current Return-on-Tangible-Equity is 62.52%, which is near median its own 10-year median of 62.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SODEP -Marsa Maroc stock overvalued right now?
Based on GuruFocus' analysis, SODEP -Marsa Maroc (CAS:MSA) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD551.32, compared to a current price of MAD865.00 — trading 56.9% above its estimated fair value. The current Return-on-Tangible-Equity is 62.52%, which is near median its 10-year median of 62.28 and 595.8% above the Transportation industry median of 8.99. SODEP -Marsa Maroc's overall GF Score™ is 88/100. 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 SODEP -Marsa Maroc (CAS:MSA), the current Return-on-Tangible-Equity is 62.52% 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 SODEP -Marsa Maroc (CAS:MSA) Overvalued in 2026?

Based on GuruFocus' analysis, SODEP -Marsa Maroc stock appears to be overvalued. The current stock price of MAD865.00 is trading 56.9% above its estimated GF Value™ of MAD551.32. GuruFocus considers SODEP -Marsa Maroc to be Significantly Overvalued.

Key valuation signals for CAS:MSA:

  • Return-on-Tangible-Equity: 62.52% (near median its 10-year median of 62.28)
  • GF Value™: MAD551.32 vs. price of MAD865.00 (56.9% above fair value)
  • GF Score™: 88/100
  • Industry Position: 595.8% above the Transportation median (#79 of 978)

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


SODEP -Marsa Maroc Business Description

Address 175, Boulevard Zerktouni, Casablanca, MAR, 20100
SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.
88GF Score

Get the complete analysis for CAS:MSA

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

MAD865.00
Price
MAD551.32
GF Value