SODEP -Marsa Maroc (CAS:MSA) ROA %: 17.38% (As of Dec. 2025) — 70% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:MSA SODEP -Marsa Maroc SA CAS:MSA
88 GF Score
Price MAD865.00
GF Value MAD551.32
Valuation Significantly Overvalued
View Full Analysis

What is SODEP -Marsa Maroc ROA %?

SODEP -Marsa Maroc CAS:MSA 88 ROA % is 17.38% as of Dec. 2025, which is 70% above its 10-year median of 10.22. GuruFocus rates CAS:MSA with a GF Score™ of 88/100 and a GF Value™ of MAD551.32 (Significantly Overvalued). Among 1,009 Transportation companies, SODEP -Marsa Maroc ranks better than 97.03% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. SODEP -Marsa Maroc's annualized Net Income for the quarter that ended in Dec. 2025 was MAD1,631 Mil. SODEP -Marsa Maroc's average Total Assets over the quarter that ended in Dec. 2025 was MAD9,385 Mil. Therefore, SODEP -Marsa Maroc's annualized ROA % for the quarter that ended in Dec. 2025 was 17.38%.

The historical rank and industry rank for SODEP -Marsa Maroc's ROA % or its related term are showing as below:

CAS:MSA' s ROA % Range Over the Past 10 Years
Min: 4.23   Med: 10.22   Max: 18.02
Current: 17.61

During the past 11 years, SODEP -Marsa Maroc's highest ROA % was 18.02%. The lowest was 4.23%. And the median was 10.22%.

CAS:MSA's ROA % is ranked better than
97.03% of 1009 companies
in the Transportation industry
Industry Median: 3.47 vs CAS:MSA: 17.61

SODEP -Marsa Maroc  (CAS:MSA) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=1631.288/9384.8255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1631.288 / 5885.062)*(5885.062 / 9384.8255)
=Net Margin %*Asset Turnover
=27.72 %*0.6271
=17.38 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue 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.


Be Aware

Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


SODEP -Marsa Maroc ROA % Related Terms


SODEP -Marsa Maroc ROA % Historical Data

* Premium members only.

The historical data trend for SODEP -Marsa Maroc's ROA % 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 ROA % Chart

SODEP -Marsa Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.66 10.29 10.69 15.65 18.02

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
ROA % 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 10.31 15.05 15.03 17.44 17.38

CAS:MSA vs KEX: ROA % Comparison

For the Marine Shipping subindustry, SODEP -Marsa Maroc's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Transportation Industry

For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's ROA % distribution charts can be found below:

* The bar in red indicates where SODEP -Marsa Maroc's ROA % falls into.


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

SODEP -Marsa Maroc ROA % Calculation

SODEP -Marsa Maroc's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1588.764/( (8298.683+9332.718)/ 2 )
=1588.764/8815.7005
=18.02 %

SODEP -Marsa Maroc's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=1631.288/( (9436.933+9332.718)/ 2 )
=1631.288/9384.8255
=17.38 %

* 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 ROA %, the net income of the last fiscal year and the average total 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 17.38% mean?
SODEP -Marsa Maroc (CAS:MSA) has a ROA % of 17.38% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SODEP -Marsa Maroc and its competitors. This is 70% above median its historical median of 10.22. Over the past decade, SODEP -Marsa Maroc's ROA % has ranged from 4.23 to 18.02. According to the industry distribution chart, SODEP -Marsa Maroc ranks #30 out of 1009 companies in the Transportation industry, placing it in the top 3%.
Is SODEP -Marsa Maroc's ROA % too high?
SODEP -Marsa Maroc's current ROA % of 17.38% is 70% above median its 10-year median of 10.22. Over the past 10 years, this metric has ranged from a low of 4.23 to a high of 18.02. The Transportation industry median ROA % is 3.47. SODEP -Marsa Maroc's value of 17.38% is 400.9% above this industry median. Based on the distribution chart, SODEP -Marsa Maroc ranks #30 out of 1009 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 ROA % compare to KEX?
According to the Transportation industry distribution chart, SODEP -Marsa Maroc ranks #30 out of 1009 companies for ROA %. This places SODEP -Marsa Maroc in the top 3% of its industry — outperforming the majority of peers. The industry median ROA % is 3.47. SODEP -Marsa Maroc's value of 17.38% is 400.9% above this benchmark. Historically, SODEP -Marsa Maroc's own ROA % has ranged from 4.23 to 18.02 over the past decade. While the company's 10-year median is 10.22 vs. the industry median of 3.47, 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 ROA % for a Transportation company?
The median ROA % among Transportation companies is 3.47, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SODEP -Marsa Maroc's current ROA % of 17.38% is 400.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on SODEP -Marsa Maroc and its competitors. For the Transportation industry, the median ROA % is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SODEP -Marsa Maroc's current ROA % is 17.38%, which is 70% above median its own 10-year median of 10.22. 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 ROA % is 17.38%, which is 70% above median its 10-year median of 10.22 and 400.9% above the Transportation industry median of 3.47. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For SODEP -Marsa Maroc (CAS:MSA), the current ROA % is 17.38% 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:

  • ROA %: 17.38% (70% above median its 10-year median of 10.22)
  • GF Value™: MAD551.32 vs. price of MAD865.00 (56.9% above fair value)
  • GF Score™: 88/100
  • Industry Position: 400.9% above the Transportation median (#30 of 1009)

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

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD865.00
Price
MAD551.32
GF Value