Taqa MoroccoCAS:TQM 76 Return-on-Tangible-Equity is 48.15% as of Dec. 2025, which is 44% below its 10-year median of 86.68. GuruFocus rates CAS:TQM with a GF Score™ of 76/100 and a GF Value™ of MAD1,229.11 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 425 Utilities - Independent Power Producers companies, Taqa Morocco ranks better than 92.47% 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. Taqa Morocco's annualized net income for the quarter that ended in Dec. 2025 was MAD1,088 Mil. Taqa Morocco's average shareholder tangible equity for the quarter that ended in Dec. 2025 was MAD2,259 Mil. Therefore, Taqa Morocco's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 48.15%.
The historical rank and industry rank for Taqa Morocco's Return-on-Tangible-Equity or its related term are showing as below:
CAS:TQM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 40.27 Med: 86.68 Max: 3794.5
Current: 42.98
During the past 13 years, Taqa Morocco's highest Return-on-Tangible-Equity was 3,794.50%. The lowest was 40.27%. And the median was 86.68%.
CAS:TQM's Return-on-Tangible-Equity is ranked better than 92.47% of 425
companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.71
vs CAS:TQM: 42.98
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.
Taqa Morocco Return-on-Tangible-Equity Related Terms
Taqa Morocco Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Taqa Morocco'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:TQM vs CEG, VST, NRG: Return-on-Tangible-Equity Comparison
For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.
Taqa Morocco Return-on-Tangible-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Taqa Morocco'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 48.15% mean?
Taqa Morocco (CAS:TQM) has a Return-on-Tangible-Equity of 48.15% 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 Taqa Morocco and its competitors. This is 44% below median its historical median of 86.68. Over the past decade, Taqa Morocco's Return-on-Tangible-Equity has ranged from 40.27 to 3,794.50. According to the industry distribution chart, Taqa Morocco ranks #32 out of 425 companies in the Utilities - Independent Power Producers industry, placing it in the top 7.5%.
Is Taqa Morocco's Return-on-Tangible-Equity too high?
Taqa Morocco's current Return-on-Tangible-Equity of 48.15% is 44% below median its 10-year median of 86.68. Over the past 10 years, this metric has ranged from a low of 40.27 to a high of 3,794.50. The Utilities - Independent Power Producers industry median Return-on-Tangible-Equity is 4.71. Taqa Morocco's value of 48.15% is 922.3% above this industry median. Based on the distribution chart, Taqa Morocco ranks #32 out of 425 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Taqa Morocco has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taqa Morocco's Return-on-Tangible-Equity compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #32 out of 425 companies for Return-on-Tangible-Equity. This places Taqa Morocco in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.71. Taqa Morocco's value of 48.15% is 922.3% above this benchmark. Historically, Taqa Morocco's own Return-on-Tangible-Equity has ranged from 40.27 to 3,794.50 over the past decade. While the company's 10-year median is 86.68 vs. the industry median of 4.71, Taqa Morocco 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 Utilities - Independent Power Producers company?
The median Return-on-Tangible-Equity among Utilities - Independent Power Producers companies is 4.71, based on 425 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. Taqa Morocco's current Return-on-Tangible-Equity of 48.15% is 922.3% 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 Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Equity is 4.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current Return-on-Tangible-Equity is 48.15%, which is 44% below median its own 10-year median of 86.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taqa Morocco stock overvalued right now?
Based on GuruFocus' analysis, Taqa Morocco (CAS:TQM) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD1,229.11, compared to a current price of MAD1,780.00 — trading 44.8% above its estimated fair value. The current Return-on-Tangible-Equity is 48.15%, which is 44% below median its 10-year median of 86.68 and 922.3% above the Utilities - Independent Power Producers industry median of 4.71. Taqa Morocco's overall GF Score™ is 76/100 with 5 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 Taqa Morocco (CAS:TQM), the current Return-on-Tangible-Equity is 48.15% 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 Taqa Morocco (CAS:TQM) Overvalued in 2026?
Based on GuruFocus' analysis, Taqa Morocco stock appears to be overvalued.
The current stock price of MAD1,780.00 is trading 44.8% above its estimated GF Value™ of MAD1,229.11.
GuruFocus considers Taqa Morocco to be Significantly Overvalued.
Key valuation signals for CAS:TQM:
Return-on-Tangible-Equity: 48.15% (44% below median its 10-year median of 86.68)
GF Value™: MAD1,229.11 vs. price of MAD1,780.00 (44.8% above fair value)
Industry Position: 922.3% above the Utilities - Independent Power Producers median (#32 of 425)
No single metric tells the full story. See the CAS:TQM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taqa Morocco SA is a producer of electricity in Morocco. The company provides associated activities in the oil and gas sectors, the storage of the oil and gas products, electricity and water as well as transport infrastructure across Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom, and the United States.
76GF Score
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