5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year.
Maroc Telecom's 5-Year ROIIC % for the quarter that ended in Dec. 2025 was 19.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Maroc Telecom's 5-Year ROIIC % or its related term are showing as below:
CAS:IAM's 5-Year ROIIC % is ranked better than 77.04% of 331
companies
in the Telecommunication Services industry
Industry Median: 3.82
vs CAS:IAM: 19.34
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.
Maroc Telecom 5-Year ROIIC % Related Terms
Maroc Telecom 5-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Maroc Telecom's 5-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.
For the Telecom Services subindustry, Maroc Telecom's 5-Year ROIIC %, along with its competitors' market caps and 5-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.
Maroc Telecom 5-Year ROIIC % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Maroc Telecom's 5-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Maroc Telecom's 5-Year ROIIC % falls into.
Maroc Telecom's 5-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
5-Year ROIIC %
=
5-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
5-Year Incremental Invested Capital**
=
( 9538.389 (Dec. 2025) - 8634.864 (Dec. 2020) )
/
( 73387 (Dec. 2025) - 68714 (Dec. 2020) )
=
903.525
/
4673
=
19.34%***
* 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 5-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.
Maroc Telecom (CAS:IAM) has a 5-Year ROIIC % of 19.34 as of Dec. 2025. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Maroc Telecom and its competitors. According to the industry distribution chart, Maroc Telecom ranks #76 out of 331 companies in the Telecommunication Services industry, placing it in the top 23%.
Is Maroc Telecom's 5-Year ROIIC % too high?
Maroc Telecom's current 5-Year ROIIC % is 19.34. The Telecommunication Services industry median 5-Year ROIIC % is 3.82. Maroc Telecom's value of 19.34 is 406.3% above this industry median. Based on the distribution chart, Maroc Telecom ranks #76 out of 331 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Maroc Telecom has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maroc Telecom's 5-Year ROIIC % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Maroc Telecom ranks #76 out of 331 companies for 5-Year ROIIC %. This places Maroc Telecom in the top 23% of its industry — outperforming the majority of peers. The industry median 5-Year ROIIC % is 3.82. Maroc Telecom's value of 19.34 is 406.3% 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 5-Year ROIIC % for a Telecommunication Services company?
The median 5-Year ROIIC % among Telecommunication Services companies is 3.82, based on 331 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maroc Telecom's current 5-Year ROIIC % of 19.34 is 406.3% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Maroc Telecom and its competitors. For the Telecommunication Services industry, the median 5-Year ROIIC % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maroc Telecom's current 5-Year ROIIC % is 19.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maroc Telecom stock overvalued right now?
Based on GuruFocus' analysis, Maroc Telecom (CAS:IAM) is currently considered Fairly Valued. The stock's GF Value™ is MAD99.42, compared to a current price of MAD92.00 — trading 7.5% below its estimated fair value. The current 5-Year ROIIC % is 19.34 and 406.3% above the Telecommunication Services industry median of 3.82. Maroc Telecom's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Maroc Telecom (CAS:IAM), the current 5-Year ROIIC % is 19.34 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 Maroc Telecom (CAS:IAM) Overvalued in 2026?
Based on GuruFocus' analysis, Maroc Telecom stock appears to be undervalued.
The current stock price of MAD92.00 is trading 7.5% below its estimated GF Value™ of MAD99.42.
GuruFocus considers Maroc Telecom to be Fairly Valued.
Key valuation signals for CAS:IAM:
5-Year ROIIC %: 19.34
GF Value™: MAD99.42 vs. price of MAD92.00 (7.5% below fair value)
Industry Position: 406.3% above the Telecommunication Services median (#76 of 331)
No single metric tells the full story. See the CAS:IAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.
76GF Score
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