Wafa AssuranceCAS:WAA 69 ROE % is 4.56% as of Dec. 2025, which is 46% below its 10-year median of 8.44. GuruFocus rates CAS:WAA with a GF Score™ of 69/100 and a GF Value™ of MAD6,396.57 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 504 Insurance companies, Wafa Assurance ranks worse than 67.86% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wafa Assurance's annualized net income for the quarter that ended in Dec. 2025 was MAD668 Mil. Wafa Assurance's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was MAD14,632 Mil. Therefore, Wafa Assurance's annualized ROE % for the quarter that ended in Dec. 2025 was 4.56%.
The historical rank and industry rank for Wafa Assurance's ROE % or its related term are showing as below:
CAS:WAA'
s ROE % Range Over the Past 10 Years
Min: 5.59 Med: 8.44 Max: 16.68
Current: 7.36
During the past 13 years, Wafa Assurance's highest ROE % was 16.68%. The lowest was 5.59%. And the median was 8.44%.
CAS:WAA's ROE % is ranked worse than 67.86% of 504
companies
in the Insurance industry
Industry Median: 11.675
vs CAS:WAA: 7.36
Wafa Assurance (CAS:WAA) 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.
Wafa Assurance ROE % Related Terms
Wafa Assurance ROE % Historical Data
* Premium members only.
The historical data trend for Wafa Assurance'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 Insurance - Specialty subindustry, Wafa Assurance'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.
Wafa Assurance ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Wafa Assurance's ROE % distribution charts can be found below:
* The bar in red indicates where Wafa Assurance'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.
Wafa Assurance (CAS:WAA) has a ROE % of 4.56% 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 Wafa Assurance and its competitors. This is 46% below median its historical median of 8.44. Over the past decade, Wafa Assurance's ROE % has ranged from 5.59 to 16.68. According to the industry distribution chart, Wafa Assurance ranks #342 out of 504 companies in the Insurance industry, placing it in the top 67.9%.
Is Wafa Assurance's ROE % too high?
Wafa Assurance's current ROE % of 4.56% is 46% below median its 10-year median of 8.44. Over the past 10 years, this metric has ranged from a low of 5.59 to a high of 16.68. The Insurance industry median ROE % is 11.68. Wafa Assurance's value of 4.56% is 60.9% below this industry median. Based on the distribution chart, Wafa Assurance ranks #342 out of 504 companies in the Insurance industry, which is below the industry midpoint. Overall, Wafa Assurance has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wafa Assurance's ROE % compare to FNF and AXS?
According to the Insurance industry distribution chart, Wafa Assurance ranks #342 out of 504 companies for ROE %. This places Wafa Assurance in the lower half of its industry. The industry median ROE % is 11.68. Wafa Assurance's value of 4.56% is 60.9% below this benchmark. Historically, Wafa Assurance's own ROE % has ranged from 5.59 to 16.68 over the past decade. While the company's 10-year median is 8.44 vs. the industry median of 11.68, Wafa Assurance has consistently been below 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 Insurance company?
The median ROE % among Insurance companies is 11.68, based on 504 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. Wafa Assurance's current ROE % of 4.56% is 60.9% below 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 Wafa Assurance and its competitors. For the Insurance industry, the median ROE % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wafa Assurance's current ROE % is 4.56%, which is 46% below median its own 10-year median of 8.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafa Assurance stock overvalued right now?
Based on GuruFocus' analysis, Wafa Assurance (CAS:WAA) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD6,396.57, compared to a current price of MAD5,620.00 — trading 12.1% below its estimated fair value. The current ROE % is 4.56%, which is 46% below median its 10-year median of 8.44 and 60.9% below the Insurance industry median of 11.68. Wafa Assurance's overall GF Score™ is 69/100 with 3 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 Wafa Assurance (CAS:WAA), the current ROE % is 4.56% 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 Wafa Assurance (CAS:WAA) Overvalued in 2026?
Based on GuruFocus' analysis, Wafa Assurance stock appears to be undervalued.
The current stock price of MAD5,620.00 is trading 12.1% below its estimated GF Value™ of MAD6,396.57.
GuruFocus considers Wafa Assurance to be Modestly Undervalued.
Key valuation signals for CAS:WAA:
ROE %: 4.56% (46% below median its 10-year median of 8.44)
GF Value™: MAD6,396.57 vs. price of MAD5,620.00 (12.1% below fair value)
Industry Position: 60.9% below the Insurance median (#342 of 504)
No single metric tells the full story. See the CAS:WAA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wafa Assurance SA is a Morocco-based company engaged in the provision of the insurance services. The company offers fire and explosion insurance, theft, and sabotage insurance, water damage insurance, machine breakage insurance, and information and electronic equipment insurance. In addition, it also provides insurance to multiple risks, health, professionals, general accidents, property damage and many more.
69GF Score
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