LafargeHolcim Maroc (CAS:LHM) ROE %: 21.61% (As of Dec. 2025) — 29% Above Median

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CAS:LHM LafargeHolcim Maroc SA CAS:LHM
79 GF Score
Price MAD1,760.00
GF Value MAD2,210.52
Valuation Modestly Undervalued
! 1 Warning Sign
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What is LafargeHolcim Maroc ROE %?

LafargeHolcim Maroc CAS:LHM -0.06% 79 ROE % is 21.61% as of Dec. 2025, which is 29% above its 10-year median of 16.71. GuruFocus rates CAS:LHM with a GF Score™ of 79/100 and a GF Value™ of MAD2,210.52 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 403 Building Materials companies, LafargeHolcim Maroc ranks better than 89.33% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. LafargeHolcim Maroc's annualized net income for the quarter that ended in Dec. 2025 was MAD2,497 Mil. LafargeHolcim Maroc's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was MAD11,553 Mil. Therefore, LafargeHolcim Maroc's annualized ROE % for the quarter that ended in Dec. 2025 was 21.61%.

The historical rank and industry rank for LafargeHolcim Maroc's ROE % or its related term are showing as below:

CAS:LHM' s ROE % Range Over the Past 10 Years
Min: 12.22   Med: 16.71   Max: 19.88
Current: 18.69

During the past 13 years, LafargeHolcim Maroc's highest ROE % was 19.88%. The lowest was 12.22%. And the median was 16.71%.

CAS:LHM's ROE % is ranked better than
89.33% of 403 companies
in the Building Materials industry
Industry Median: 4.32 vs CAS:LHM: 18.69

LafargeHolcim Maroc  (CAS:LHM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=2496.744/11553.413
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2496.744 / 9554.434)*(9554.434 / 20039.767)*(20039.767 / 11553.413)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.13 %*0.4768*1.7345
=ROA %*Equity Multiplier
=12.46 %*1.7345
=21.61 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=2496.744/11553.413
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2496.744 / 3824.146) * (3824.146 / 4409.52) * (4409.52 / 9554.434) * (9554.434 / 20039.767) * (20039.767 / 11553.413)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6529 * 0.8672 * 46.15 % * 0.4768 * 1.7345
=21.61 %

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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


LafargeHolcim Maroc ROE % Related Terms


LafargeHolcim Maroc ROE % Historical Data

* Premium members only.

The historical data trend for LafargeHolcim Maroc's ROE % 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.

LafargeHolcim Maroc ROE % Chart

LafargeHolcim Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.25 12.22 13.60 15.82 18.18

LafargeHolcim Maroc Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % 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 13.10 13.72 19.18 16.23 21.61

CAS:LHM vs CRH, VMC, MLM: ROE % Comparison

For the Building Materials subindustry, LafargeHolcim Maroc's ROE %, along with its competitors' market caps and ROE % 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.


LafargeHolcim Maroc ROE % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, LafargeHolcim Maroc's ROE % distribution charts can be found below:

* The bar in red indicates where LafargeHolcim Maroc's ROE % falls into.


CAS:LHM
79GF Score
LafargeHolcim Maroc SA CAS:LHM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LafargeHolcim Maroc ROE % Calculation

LafargeHolcim Maroc's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=2165.873/( (11665.123+12156.299)/ 2 )
=2165.873/11910.711
=18.18 %

LafargeHolcim Maroc's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Jun. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=2496.744/( (10950.527+12156.299)/ 2 )
=2496.744/11553.413
=21.61 %

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

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 21.61% mean?
LafargeHolcim Maroc (CAS:LHM) has a ROE % of 21.61% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on LafargeHolcim Maroc and its competitors. This is 29% above median its historical median of 16.71. Over the past decade, LafargeHolcim Maroc's ROE % has ranged from 12.22 to 19.88. According to the industry distribution chart, LafargeHolcim Maroc ranks #43 out of 403 companies in the Building Materials industry, placing it in the top 10.7%.
Is LafargeHolcim Maroc's ROE % too high?
LafargeHolcim Maroc's current ROE % of 21.61% is 29% above median its 10-year median of 16.71. Over the past 10 years, this metric has ranged from a low of 12.22 to a high of 19.88. The Building Materials industry median ROE % is 4.32. LafargeHolcim Maroc's value of 21.61% is 400.2% above this industry median. Based on the distribution chart, LafargeHolcim Maroc ranks #43 out of 403 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, LafargeHolcim Maroc has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LafargeHolcim Maroc's ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, LafargeHolcim Maroc ranks #43 out of 403 companies for ROE %. This places LafargeHolcim Maroc in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 4.32. LafargeHolcim Maroc's value of 21.61% is 400.2% above this benchmark. Historically, LafargeHolcim Maroc's own ROE % has ranged from 12.22 to 19.88 over the past decade. While the company's 10-year median is 16.71 vs. the industry median of 4.32, LafargeHolcim 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 ROE % for a Building Materials company?
The median ROE % among Building Materials companies is 4.32, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LafargeHolcim Maroc's current ROE % of 21.61% is 400.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on LafargeHolcim Maroc and its competitors. For the Building Materials industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LafargeHolcim Maroc's current ROE % is 21.61%, which is 29% above median its own 10-year median of 16.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LafargeHolcim Maroc stock overvalued right now?
Based on GuruFocus' analysis, LafargeHolcim Maroc (CAS:LHM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD2,210.52, compared to a current price of MAD1,760.00 — trading 20.4% below its estimated fair value. The current ROE % is 21.61%, which is 29% above median its 10-year median of 16.71 and 400.2% above the Building Materials industry median of 4.32. LafargeHolcim Maroc's overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For LafargeHolcim Maroc (CAS:LHM), the current ROE % is 21.61% 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 LafargeHolcim Maroc (CAS:LHM) Overvalued in 2026?

Based on GuruFocus' analysis, LafargeHolcim Maroc stock appears to be undervalued. The current stock price of MAD1,760.00 is trading 20.4% below its estimated GF Value™ of MAD2,210.52. GuruFocus considers LafargeHolcim Maroc to be Modestly Undervalued.

Key valuation signals for CAS:LHM:

  • ROE %: 21.61% (29% above median its 10-year median of 16.71)
  • GF Value™: MAD2,210.52 vs. price of MAD1,760.00 (20.4% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 400.2% above the Building Materials median (#43 of 403)

No single metric tells the full story. See the CAS:LHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LafargeHolcim Maroc Business Description

Address 6, Route de Mekka, Quartier les Cretes, Casablanca, MAR, 20150
LafargeHolcim Maroc SA is a Morocco-based company. It is engaged in the manufacturing and sale of cement and hydraulic binders to the construction industry. Its product portfolio consists of cement, concretes, aggregates, plasters, and lime.
79GF Score

Get the complete analysis for CAS:LHM

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

MAD1,760.00
Price
MAD2,210.52
GF Value