ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Societe des Boissons du Maroc's annualizedNet Income for the quarter that ended in Dec. 2025 was MAD512 Mil.
Societe des Boissons du Maroc's average Total Assets over the quarter that ended in Dec. 2025 was MAD2,380 Mil. Therefore, Societe des Boissons du Maroc's annualized ROA % for the quarter that ended in Dec. 2025 was 21.52%.
The historical rank and industry rank for Societe des Boissons du Maroc's ROA % or its related term are showing as below:
CAS:SBM'
s ROA % Range Over the Past 10 Years
Min: 8.09 Med: 14.16 Max: 23.08
Current: 14.41
During the past 13 years, Societe des Boissons du Maroc's highest ROA % was 23.08%. The lowest was 8.09%. And the median was 14.16%.
CAS:SBM's ROA % is ranked better than 92.06% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 2.94
vs CAS:SBM: 14.41
Societe des Boissons du Maroc (CAS:SBM) 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 banks 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:
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.
Societe des Boissons du Maroc ROA % Related Terms
Societe des Boissons du Maroc ROA % 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.
For the Beverages - Wineries & Distilleries subindustry, Societe des Boissons du 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.
Societe des Boissons du Maroc ROA % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Societe des Boissons du Maroc's ROA % distribution charts can be found below:
* The bar in red indicates where Societe des Boissons du Maroc's ROA % 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 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.
Societe des Boissons du Maroc (CAS:SBM) has a ROA % of 21.52% 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 Societe des Boissons du Maroc and its competitors. This is 52% above median its historical median of 14.16. Over the past decade, Societe des Boissons du Maroc's ROA % has ranged from 8.09 to 23.08. According to the industry distribution chart, Societe des Boissons du Maroc ranks #17 out of 214 companies in the Beverages - Alcoholic industry, placing it in the top 7.9%.
Is Societe des Boissons du Maroc's ROA % too high?
Societe des Boissons du Maroc's current ROA % of 21.52% is 52% above median its 10-year median of 14.16. Over the past 10 years, this metric has ranged from a low of 8.09 to a high of 23.08. The Beverages - Alcoholic industry median ROA % is 2.94. Societe des Boissons du Maroc's value of 21.52% is 632% above this industry median. Based on the distribution chart, Societe des Boissons du Maroc ranks #17 out of 214 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Societe des Boissons du Maroc has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Societe des Boissons du Maroc's ROA % compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Societe des Boissons du Maroc ranks #17 out of 214 companies for ROA %. This places Societe des Boissons du Maroc in the top 8% of its industry — outperforming the majority of peers. The industry median ROA % is 2.94. Societe des Boissons du Maroc's value of 21.52% is 632% above this benchmark. Historically, Societe des Boissons du Maroc's own ROA % has ranged from 8.09 to 23.08 over the past decade. While the company's 10-year median is 14.16 vs. the industry median of 2.94, Societe des Boissons 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 ROA % for a Beverages - Alcoholic company?
The median ROA % among Beverages - Alcoholic companies is 2.94, based on 214 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. Societe des Boissons du Maroc's current ROA % of 21.52% is 632% 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 Societe des Boissons du Maroc and its competitors. For the Beverages - Alcoholic industry, the median ROA % is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societe des Boissons du Maroc's current ROA % is 21.52%, which is 52% above median its own 10-year median of 14.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe des Boissons du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Societe des Boissons du Maroc (CAS:SBM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD2,567.14, compared to a current price of MAD2,012.00 — trading 21.6% below its estimated fair value. The current ROA % is 21.52%, which is 52% above median its 10-year median of 14.16 and 632% above the Beverages - Alcoholic industry median of 2.94. Societe des Boissons du Maroc's overall GF Score™ is 84/100 with 2 warning signs to review. 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 Societe des Boissons du Maroc (CAS:SBM), the current ROA % is 21.52% 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 Societe des Boissons du Maroc (CAS:SBM) Overvalued in 2026?
Based on GuruFocus' analysis, Societe des Boissons du Maroc stock appears to be undervalued.
The current stock price of MAD2,012.00 is trading 21.6% below its estimated GF Value™ of MAD2,567.14.
GuruFocus considers Societe des Boissons du Maroc to be Modestly Undervalued.
Key valuation signals for CAS:SBM:
ROA %: 21.52% (52% above median its 10-year median of 14.16)
GF Value™: MAD2,567.14 vs. price of MAD2,012.00 (21.6% below fair value)
Industry Position: 632% above the Beverages - Alcoholic median (#17 of 214)
No single metric tells the full story. See the CAS:SBM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Societe des Boissons du Maroc Business Description
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