Taqa Morocco (CAS:TQM) ROCE %: 14.21% (As of Dec. 2025)


CAS:TQM Taqa Morocco SA CAS:TQM
74 GF Score
Price MAD1,788.00
GF Value MAD1,227.80
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Taqa Morocco ROCE %?

Taqa Morocco CAS:TQM +1.30% 74 ROCE % is 14.21% as of Dec. 2025. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Taqa Morocco's annualized ROCE % for the quarter that ended in Dec. 2025 was 14.21%.

Taqa Morocco  (CAS:TQM) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Taqa Morocco ROCE % Related Terms

Taqa Morocco ROCE % Historical Data

* Premium members only.

The historical data trend for Taqa Morocco's ROCE % 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.

Taqa Morocco ROCE % Chart

Taqa Morocco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.89 17.43 13.63 14.67 14.17

Taqa Morocco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROCE % 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 11.78 15.80 13.73 14.38 14.21
CAS:TQM
74GF Score
Taqa Morocco SA CAS:TQM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Taqa Morocco ROCE % Calculation

Taqa Morocco's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2474.188/( ( (20920.079 - 3179.724) + (20299.976 - 3119.307) )/ 2 )
=2474.188/( (17740.355+17180.669)/ 2 )
=2474.188/17460.512
=14.17 %

Taqa Morocco's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=2440.09/( ( (20879.891 - 3727.017) + (20299.976 - 3119.307) )/ 2 )
=2440.09/( ( 17152.874 + 17180.669 )/ 2 )
=2440.09/17166.7715
=14.21 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 14.21% mean?
Taqa Morocco (CAS:TQM) has a ROCE % of 14.21% as of Dec. 2025.
Is Taqa Morocco's ROCE % too high?
Taqa Morocco's current ROCE % is 14.21%. The Utilities - Independent Power Producers industry median ROCE % is 4.79. Taqa Morocco's value of 14.21% is 196.7% above this industry median. 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 ROCE % compare to CEG and VST?
Taqa Morocco's ROCE % of 14.21% can be compared against companies in the Utilities - Independent Power Producers industry. The industry median ROCE % is 4.79. Taqa Morocco's value of 14.21% is 196.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Utilities - Independent Power Producers company?
The median ROCE % among Utilities - Independent Power Producers companies is 4.79, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taqa Morocco's current ROCE % of 14.21% is 196.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median ROCE % is 4.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current ROCE % is 14.21%. 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 ROCE % is 14.21% and 196.7% above the Utilities - Independent Power Producers industry median of 4.79. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Taqa Morocco (CAS:TQM), the current ROCE % is 14.21% 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:

  • ROCE %: 14.21%
  • GF Value™: MAD1,227.80 vs. price of MAD1,788.00 (45.6% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 196.7% above the Utilities - Independent Power Producers median

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 Business Description

Address B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
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

Get the complete analysis for CAS:TQM

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

MAD1,788.00
Price
MAD1,227.80
GF Value