Taqa MoroccoCAS:TQM +1.30%74 ROE % is 16.73% as of Dec. 2025, which is 10% below its 10-year median of 18.49. 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 433 Utilities - Independent Power Producers companies, Taqa Morocco ranks better than 84.3% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Taqa Morocco's annualized net income for the quarter that ended in Dec. 2025 was MAD1,088 Mil. Taqa Morocco's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was MAD6,501 Mil. Therefore, Taqa Morocco's annualized ROE % for the quarter that ended in Dec. 2025 was 16.73%.
The historical rank and industry rank for Taqa Morocco's ROE % or its related term are showing as below:
CAS:TQM'
s ROE % Range Over the Past 10 Years
Min: 14.6 Med: 18.49 Max: 21.76
Current: 14.96
During the past 13 years, Taqa Morocco's highest ROE % was 21.76%. The lowest was 14.60%. And the median was 18.49%.
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.
Taqa Morocco ROE % Related Terms
Taqa Morocco ROE % Historical Data
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The historical data trend for Taqa Morocco'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.
For the Utilities - Independent Power Producers subindustry, Taqa Morocco'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.
Taqa Morocco ROE % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's ROE % distribution charts can be found below:
* The bar in red indicates where Taqa Morocco'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.
Taqa Morocco (CAS:TQM) has a ROE % of 16.73% 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 Taqa Morocco and its competitors. This is 10% below median its historical median of 18.49. Over the past decade, Taqa Morocco's ROE % has ranged from 14.60 to 21.76. According to the industry distribution chart, Taqa Morocco ranks #68 out of 433 companies in the Utilities - Independent Power Producers industry, placing it in the top 15.7%.
Is Taqa Morocco's ROE % too high?
Taqa Morocco's current ROE % of 16.73% is 10% below median its 10-year median of 18.49. Over the past 10 years, this metric has ranged from a low of 14.60 to a high of 21.76. The Utilities - Independent Power Producers industry median ROE % is 3.80. Taqa Morocco's value of 16.73% is 340.3% above this industry median. Based on the distribution chart, Taqa Morocco ranks #68 out of 433 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 ROE % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #68 out of 433 companies for ROE %. This places Taqa Morocco in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 3.80. Taqa Morocco's value of 16.73% is 340.3% above this benchmark. Historically, Taqa Morocco's own ROE % has ranged from 14.60 to 21.76 over the past decade. While the company's 10-year median is 18.49 vs. the industry median of 3.80, 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 ROE % for an Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.80, based on 433 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. Taqa Morocco's current ROE % of 16.73% is 340.3% 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 Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current ROE % is 16.73%, which is 10% below median its own 10-year median of 18.49. 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 ROE % is 16.73%, which is 10% below median its 10-year median of 18.49 and 340.3% above the Utilities - Independent Power Producers industry median of 3.80. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Taqa Morocco (CAS:TQM), the current ROE % is 16.73% 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:
ROE %: 16.73% (10% below median its 10-year median of 18.49)
GF Value™: MAD1,227.80 vs. price of MAD1,788.00 (45.6% above fair value)
Industry Position: 340.3% above the Utilities - Independent Power Producers median (#68 of 433)
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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