SALAFIN (Groupe BMCE)CAS:SLF 47 ROE % is 11.67% as of Dec. 2025, which is 7% above its 10-year median of 10.92. GuruFocus rates CAS:SLF with a GF Score™ of 47/100 and a GF Value™ of MAD578.38 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 529 Credit Services companies, SALAFIN (Groupe BMCE) ranks better than 68.05% on this metric.
The historical rank and industry rank for SALAFIN (Groupe BMCE)'s ROE % or its related term are showing as below:
CAS:SLF'
s ROE % Range Over the Past 10 Years
Min: -1.58 Med: 10.92 Max: 21.78
Current: 11.27
During the past 13 years, SALAFIN (Groupe BMCE)'s highest ROE % was 21.78%. The lowest was -1.58%. And the median was 10.92%.
CAS:SLF's ROE % is ranked better than 68.05% of 529
companies
in the Credit Services industry
Industry Median: 6.61
vs CAS:SLF: 11.27
SALAFIN (Groupe BMCE) (CAS:SLF) 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:
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.
* 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 Credit Services subindustry, SALAFIN (Groupe BMCE)'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.
SALAFIN (Groupe BMCE) ROE % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, SALAFIN (Groupe BMCE)'s ROE % distribution charts can be found below:
* The bar in red indicates where SALAFIN (Groupe BMCE)'s ROE % 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 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.
SALAFIN (Groupe BMCE) (CAS:SLF) has a ROE % of 11.67% 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 SALAFIN (Groupe BMCE) and its competitors. This is near median its historical median of 10.92. According to the industry distribution chart, SALAFIN (Groupe BMCE) ranks #169 out of 529 companies in the Credit Services industry, placing it in the top 31.9%.
Is SALAFIN (Groupe BMCE)'s ROE % too high?
SALAFIN (Groupe BMCE)'s current ROE % of 11.67% is near median its 10-year median of 10.92. The Credit Services industry median ROE % is 6.61. SALAFIN (Groupe BMCE)'s value of 11.67% is 76.6% above this industry median. Based on the distribution chart, SALAFIN (Groupe BMCE) ranks #169 out of 529 companies in the Credit Services industry, which is above the industry midpoint. Overall, SALAFIN (Groupe BMCE) has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SALAFIN (Groupe BMCE)'s ROE % compare to V and MA?
According to the Credit Services industry distribution chart, SALAFIN (Groupe BMCE) ranks #169 out of 529 companies for ROE %. This puts SALAFIN (Groupe BMCE) in the upper half of its industry. The industry median ROE % is 6.61. SALAFIN (Groupe BMCE)'s value of 11.67% is 76.6% above this benchmark. While the company's 10-year median is 10.92 vs. the industry median of 6.61, SALAFIN (Groupe BMCE) 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 Credit Services company?
The median ROE % among Credit Services companies is 6.61, based on 529 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. SALAFIN (Groupe BMCE)'s current ROE % of 11.67% is 76.6% 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 SALAFIN (Groupe BMCE) and its competitors. For the Credit Services industry, the median ROE % is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SALAFIN (Groupe BMCE)'s current ROE % is 11.67%, which is near median its own 10-year median of 10.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SALAFIN (Groupe BMCE) stock overvalued right now?
Based on GuruFocus' analysis, SALAFIN (Groupe BMCE) (CAS:SLF) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD578.38, compared to a current price of MAD440.00 — trading 23.9% below its estimated fair value. The current ROE % is 11.67%, which is near median its 10-year median of 10.92 and 76.6% above the Credit Services industry median of 6.61. SALAFIN (Groupe BMCE)'s overall GF Score™ is 47/100 with 2 warning signs 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 SALAFIN (Groupe BMCE) (CAS:SLF), the current ROE % is 11.67% 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 SALAFIN (Groupe BMCE) (CAS:SLF) Overvalued in 2026?
Based on GuruFocus' analysis, SALAFIN (Groupe BMCE) stock appears to be undervalued.
The current stock price of MAD440.00 is trading 23.9% below its estimated GF Value™ of MAD578.38.
GuruFocus considers SALAFIN (Groupe BMCE) to be Modestly Undervalued.
Key valuation signals for CAS:SLF:
ROE %: 11.67% (near median its 10-year median of 10.92)
GF Value™: MAD578.38 vs. price of MAD440.00 (23.9% below fair value)
Industry Position: 76.6% above the Credit Services median (#169 of 529)
No single metric tells the full story. See the CAS:SLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SALAFIN (Groupe BMCE) is a Morocco-based company. It is a finance company. It offers consumer credit services. The company operates through various business segments that are Personal Credit, which include personal loan, and mortgage credit; Auto Financing, which provides car loans; and Revolving Credit.
47GF Score
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