Taqa Morocco (CAS:TQM) 10-Year ROIIC % : 6.21% (As of Dec. 2025)

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CAS:TQM Taqa Morocco SA CAS:TQM
74 GF Score
Price MAD1,738.00
GF Value MAD1,230.55
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Taqa Morocco 10-Year ROIIC %?

Taqa Morocco CAS:TQM -0.11% 74 10-Year ROIIC % is 6.21 as of Dec. 2025. GuruFocus rates CAS:TQM with a GF Score™ of 74/100 and a GF Value™ of MAD1,230.55 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 332 Utilities - Independent Power Producers companies, Taqa Morocco ranks better than 69.88% on this metric.

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Taqa Morocco's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 6.21%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Taqa Morocco's 10-Year ROIIC % or its related term are showing as below:

CAS:TQM's 10-Year ROIIC % is ranked better than
69.88% of 332 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.225 vs CAS:TQM: 6.21

Taqa Morocco  (CAS:TQM) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Taqa Morocco 10-Year ROIIC % Related Terms


Taqa Morocco 10-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Taqa Morocco's 10-Year ROIIC % 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.

Taqa Morocco 10-Year ROIIC % Chart

Taqa Morocco Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.02 23.63 -37.03 -5.48 6.21

Taqa Morocco Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
10-Year ROIIC % 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 -37.03 0.00 -5.48 0.00 6.21

CAS:TQM vs CEG, VST, NRG: 10-Year ROIIC % Comparison

For the Utilities - Independent Power Producers subindustry, Taqa Morocco's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Taqa Morocco's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Taqa Morocco's 10-Year ROIIC % falls into.


CAS:TQM
74GF Score
Taqa Morocco SA CAS:TQM
10-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taqa Morocco 10-Year ROIIC % Calculation

Taqa Morocco's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 1548.4510593 (Dec. 2025) - 1822.6213161 (Dec. 2015) )/( 13571.184 (Dec. 2025) - 17989.258 (Dec. 2015) )
=-274.1702568/-4418.074
=6.21%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 10-Year ROIIC % →
What does a 10-Year ROIIC % of 6.21 mean?
Taqa Morocco (CAS:TQM) has a 10-Year ROIIC % of 6.21 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Taqa Morocco and its competitors. According to the industry distribution chart, Taqa Morocco ranks #100 out of 332 companies in the Utilities - Independent Power Producers industry, placing it in the top 30.1%.
Is Taqa Morocco's 10-Year ROIIC % too high?
Taqa Morocco's current 10-Year ROIIC % is 6.21. The Utilities - Independent Power Producers industry median 10-Year ROIIC % is 2.23. Taqa Morocco's value of 6.21 is 179.1% above this industry median. Based on the distribution chart, Taqa Morocco ranks #100 out of 332 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. 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 10-Year ROIIC % compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Taqa Morocco ranks #100 out of 332 companies for 10-Year ROIIC %. This puts Taqa Morocco in the upper half of its industry. The industry median 10-Year ROIIC % is 2.23. Taqa Morocco's value of 6.21 is 179.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for an Utilities - Independent Power Producers company?
The median 10-Year ROIIC % among Utilities - Independent Power Producers companies is 2.23, based on 332 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taqa Morocco's current 10-Year ROIIC % of 6.21 is 179.1% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Taqa Morocco and its competitors. For the Utilities - Independent Power Producers industry, the median 10-Year ROIIC % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taqa Morocco's current 10-Year ROIIC % is 6.21. 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 MAD1,230.55, compared to a current price of MAD1,738.00 — trading 41.2% above its estimated fair value. The current 10-Year ROIIC % is 6.21 and 179.1% above the Utilities - Independent Power Producers industry median of 2.23. 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 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Taqa Morocco (CAS:TQM), the current 10-Year ROIIC % is 6.21 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 MAD1,738.00 is trading 41.2% above its estimated GF Value™ of MAD1,230.55. GuruFocus considers Taqa Morocco to be Significantly Overvalued.

Key valuation signals for CAS:TQM:

  • 10-Year ROIIC %: 6.21
  • GF Value™: MAD1,230.55 vs. price of MAD1,738.00 (41.2% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 179.1% above the Utilities - Independent Power Producers median (#100 of 332)

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 Business Description

Address B.P. 99 - Sidi Bouzid, PK23, Route regionale 301, Centrale Thermique de Jorf Lasfar, Commune Moulay Abdellah, El Jadida, MAR
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

Get the complete analysis for CAS:TQM

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

MAD1,738.00
Price
MAD1,230.55
GF Value