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. 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 shareholder tangible equity for the quarter that ended in Dec. 2025 was MAD1,930 Mil. Therefore, Total Energies Marketing Maroc's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 54.60%.
The historical rank and industry rank for Total Energies Marketing Maroc's Return-on-Tangible-Equity or its related term are showing as below:
CAS:TMA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.05 Med: 38.36 Max: 86.33
Current: 44.11
During the past 12 years, Total Energies Marketing Maroc's highest Return-on-Tangible-Equity was 86.33%. The lowest was 2.05%. And the median was 38.36%.
CAS:TMA's Return-on-Tangible-Equity is ranked better than 92.28% of 945
companies
in the Oil & Gas industry
Industry Median: 6.74
vs CAS:TMA: 44.11
Total Energies Marketing Maroc (CAS:TMA) 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.
Total Energies Marketing Maroc Return-on-Tangible-Equity Related Terms
Total Energies Marketing Maroc Return-on-Tangible-Equity Historical Data
* 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-Equity Chart
CAS:TMA vs VLO, MPC, PSX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Total Energies Marketing 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.
Total Energies Marketing Maroc Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Total Energies Marketing Maroc's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Total Energies Marketing 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 54.60% mean?
Total Energies Marketing Maroc (CAS:TMA) has a Return-on-Tangible-Equity of 54.60% 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 Total Energies Marketing Maroc and its competitors. This is 42% above median its historical median of 38.36. Over the past decade, Total Energies Marketing Maroc's Return-on-Tangible-Equity has ranged from 2.05 to 86.33. According to the industry distribution chart, Total Energies Marketing Maroc ranks #73 out of 945 companies in the Oil & Gas industry, placing it in the top 7.7%.
Is Total Energies Marketing Maroc's Return-on-Tangible-Equity too high?
Total Energies Marketing Maroc's current Return-on-Tangible-Equity of 54.60% is 42% above median its 10-year median of 38.36. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 86.33. The Oil & Gas industry median Return-on-Tangible-Equity is 6.74. Total Energies Marketing Maroc's value of 54.60% is 710.1% above this industry median. Based on the distribution chart, Total Energies Marketing Maroc ranks #73 out of 945 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 83/100 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-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Total Energies Marketing Maroc ranks #73 out of 945 companies for Return-on-Tangible-Equity. This places Total Energies Marketing Maroc in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.74. Total Energies Marketing Maroc's value of 54.60% is 710.1% above this benchmark. Historically, Total Energies Marketing Maroc's own Return-on-Tangible-Equity has ranged from 2.05 to 86.33 over the past decade. While the company's 10-year median is 38.36 vs. the industry median of 6.74, 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-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 945 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. Total Energies Marketing Maroc's current Return-on-Tangible-Equity of 54.60% is 710.1% 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 Total Energies Marketing Maroc and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — 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-Equity is 54.60%, which is 42% above median its own 10-year median of 38.36. 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 MAD1,224.90, compared to a current price of MAD1,525.00 — trading 24.5% above its estimated fair value. The current Return-on-Tangible-Equity is 54.60%, which is 42% above median its 10-year median of 38.36 and 710.1% above the Oil & Gas industry median of 6.74. Total Energies Marketing Maroc's overall GF Score™ is 83/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Total Energies Marketing Maroc (CAS:TMA), the current Return-on-Tangible-Equity is 54.60% 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 MAD1,525.00 is trading 24.5% above its estimated GF Value™ of MAD1,224.90.
GuruFocus considers Total Energies Marketing Maroc to be Modestly Overvalued.
Key valuation signals for CAS:TMA:
Return-on-Tangible-Equity: 54.60% (42% above median its 10-year median of 38.36)
GF Value™: MAD1,224.90 vs. price of MAD1,525.00 (24.5% above fair value)
Industry Position: 710.1% above the Oil & Gas median (#73 of 945)
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
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.
83GF Score
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