SODEP -Marsa Maroc (CAS:MSA) ROE %: 44.81% (As of Dec. 2025) — 40% Above Median

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CAS:MSA SODEP -Marsa Maroc SA CAS:MSA
88 GF Score
Price MAD865.00
GF Value MAD551.32
Valuation Significantly Overvalued
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What is SODEP -Marsa Maroc ROE %?

SODEP -Marsa Maroc CAS:MSA 88 ROE % is 44.81% as of Dec. 2025, which is 40% above its 10-year median of 31.91. GuruFocus rates CAS:MSA with a GF Score™ of 88/100 and a GF Value™ of MAD551.32 (Significantly Overvalued). Among 986 Transportation companies, SODEP -Marsa Maroc ranks better than 95.84% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Dec. 2025 was MAD3,640 Mil. Therefore, SODEP -Marsa Maroc's annualized ROE % for the quarter that ended in Dec. 2025 was 44.81%.

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

CAS:MSA' s ROE % Range Over the Past 10 Years
Min: 13.96   Med: 31.91   Max: 45.67
Current: 45.67

During the past 11 years, SODEP -Marsa Maroc's highest ROE % was 45.67%. The lowest was 13.96%. And the median was 31.91%.

CAS:MSA's ROE % is ranked better than
95.84% of 986 companies
in the Transportation industry
Industry Median: 7.595 vs CAS:MSA: 45.67

SODEP -Marsa Maroc  (CAS:MSA) 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
=1631.288/3640.327
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1631.288 / 5885.062)*(5885.062 / 9384.8255)*(9384.8255 / 3640.327)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.72 %*0.6271*2.578
=ROA %*Equity Multiplier
=17.38 %*2.578
=44.81 %

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
=1631.288/3640.327
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1631.288 / 2583.004) * (2583.004 / 2547.146) * (2547.146 / 5885.062) * (5885.062 / 9384.8255) * (9384.8255 / 3640.327)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6315 * 1.0141 * 43.28 % * 0.6271 * 2.578
=44.81 %

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.


SODEP -Marsa Maroc ROE % Related Terms


SODEP -Marsa Maroc ROE % Historical Data

* Premium members only.

The historical data trend for SODEP -Marsa 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.

SODEP -Marsa Maroc ROE % Chart

SODEP -Marsa 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 34.70 38.82 35.80 44.69 44.10

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
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 36.40 49.81 45.18 48.40 44.81

CAS:MSA vs KEX: ROE % Comparison

For the Marine Shipping subindustry, SODEP -Marsa 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.


SODEP -Marsa Maroc ROE % vs Transportation Industry

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

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


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

SODEP -Marsa 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 )
=1588.764/( (3156.642+4048.149)/ 2 )
=1588.764/3602.3955
=44.10 %

SODEP -Marsa 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 )
=1631.288/( (3232.505+4048.149)/ 2 )
=1631.288/3640.327
=44.81 %

* 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 44.81% mean?
SODEP -Marsa Maroc (CAS:MSA) has a ROE % of 44.81% 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 SODEP -Marsa Maroc and its competitors. This is 40% above median its historical median of 31.91. Over the past decade, SODEP -Marsa Maroc's ROE % has ranged from 13.96 to 45.67. According to the industry distribution chart, SODEP -Marsa Maroc ranks #41 out of 986 companies in the Transportation industry, placing it in the top 4.2%.
Is SODEP -Marsa Maroc's ROE % too high?
SODEP -Marsa Maroc's current ROE % of 44.81% is 40% above median its 10-year median of 31.91. Over the past 10 years, this metric has ranged from a low of 13.96 to a high of 45.67. The Transportation industry median ROE % is 7.60. SODEP -Marsa Maroc's value of 44.81% is 490% above this industry median. Based on the distribution chart, SODEP -Marsa Maroc ranks #41 out of 986 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 ROE % compare to KEX?
According to the Transportation industry distribution chart, SODEP -Marsa Maroc ranks #41 out of 986 companies for ROE %. This places SODEP -Marsa Maroc in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 7.60. SODEP -Marsa Maroc's value of 44.81% is 490% above this benchmark. Historically, SODEP -Marsa Maroc's own ROE % has ranged from 13.96 to 45.67 over the past decade. While the company's 10-year median is 31.91 vs. the industry median of 7.60, 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 ROE % for a Transportation company?
The median ROE % among Transportation companies is 7.60, based on 986 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. SODEP -Marsa Maroc's current ROE % of 44.81% is 490% 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 SODEP -Marsa Maroc and its competitors. For the Transportation industry, the median ROE % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SODEP -Marsa Maroc's current ROE % is 44.81%, which is 40% above median its own 10-year median of 31.91. 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 ROE % is 44.81%, which is 40% above median its 10-year median of 31.91 and 490% above the Transportation industry median of 7.60. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For SODEP -Marsa Maroc (CAS:MSA), the current ROE % is 44.81% 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:

  • ROE %: 44.81% (40% above median its 10-year median of 31.91)
  • GF Value™: MAD551.32 vs. price of MAD865.00 (56.9% above fair value)
  • GF Score™: 88/100
  • Industry Position: 490% above the Transportation median (#41 of 986)

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

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

MAD865.00
Price
MAD551.32
GF Value