Taqa MoroccoCAS:TQM +1.30%74 ROA % is 5.28% as of Dec. 2025, which is 10% above its 10-year median of 4.82. GuruFocus rates CAS:TQM with a GF Score™ of 74/100 and a GF Value™ of MAD1,227.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Taqa Morocco ranks better than 78.4% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Taqa Morocco's annualizedNet Income for the quarter that ended in Dec. 2025 was MAD1,088 Mil.
Taqa Morocco's average Total Assets over the quarter that ended in Dec. 2025 was MAD20,590 Mil. Therefore, Taqa Morocco's annualized ROA % for the quarter that ended in Dec. 2025 was 5.28%.
The historical rank and industry rank for Taqa Morocco's ROA % or its related term are showing as below:
CAS:TQM'
s ROA % Range Over the Past 10 Years
Min: 4.24 Med: 4.82 Max: 6.21
Current: 4.74
During the past 13 years, Taqa Morocco's highest ROA % was 6.21%. The lowest was 4.24%. And the median was 4.82%.
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.
Taqa Morocco ROA % Related Terms
Taqa Morocco ROA % Historical Data
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The historical data trend for Taqa Morocco'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.
For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.
Taqa Morocco ROA % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's ROA % distribution charts can be found below:
* The bar in red indicates where Taqa Morocco'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.
Taqa Morocco (CAS:TQM) has a ROA % of 5.28% 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 Taqa Morocco and its competitors. This is 10% above median its historical median of 4.82. Over the past decade, Taqa Morocco's ROA % has ranged from 4.24 to 6.21. According to the industry distribution chart, Taqa Morocco ranks #97 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 21.6%.
Is Taqa Morocco's ROA % too high?
Taqa Morocco's current ROA % of 5.28% is 10% above median its 10-year median of 4.82. Over the past 10 years, this metric has ranged from a low of 4.24 to a high of 6.21. The Utilities - Independent Power Producers industry median ROA % is 1.20. Taqa Morocco's value of 5.28% is 340% above this industry median. Based on the distribution chart, Taqa Morocco ranks #97 out of 449 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 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taqa Morocco's ROA % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #97 out of 449 companies for ROA %. This places Taqa Morocco in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 1.20. Taqa Morocco's value of 5.28% is 340% above this benchmark. Historically, Taqa Morocco's own ROA % has ranged from 4.24 to 6.21 over the past decade. While the company's 10-year median is 4.82 vs. the industry median of 1.20, 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 ROA % for an Utilities - Independent Power Producers company?
The median ROA % among Utilities - Independent Power Producers companies is 1.20, based on 449 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. Taqa Morocco's current ROA % of 5.28% is 340% 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 Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median ROA % is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current ROA % is 5.28%, which is 10% above median its own 10-year median of 4.82. 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 MAD1,227.80, compared to a current price of MAD1,788.00 — trading 45.6% above its estimated fair value. The current ROA % is 5.28%, which is 10% above median its 10-year median of 4.82 and 340% above the Utilities - Independent Power Producers industry median of 1.20. Taqa Morocco's overall GF Score™ is 74/100 with 5 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 Taqa Morocco (CAS:TQM), the current ROA % is 5.28% 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 MAD1,788.00 is trading 45.6% above its estimated GF Value™ of MAD1,227.80.
GuruFocus considers Taqa Morocco to be Significantly Overvalued.
Key valuation signals for CAS:TQM:
ROA %: 5.28% (10% above median its 10-year median of 4.82)
GF Value™: MAD1,227.80 vs. price of MAD1,788.00 (45.6% above fair value)
Industry Position: 340% above the Utilities - Independent Power Producers median (#97 of 449)
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.
74GF Score
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