Managem (CAS:MNG) 3-Year RORE % : 78.89% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:MNG Managem SA CAS:MNG
68 GF Score
Price MAD12,500.00
GF Value MAD5,286.63
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Managem 3-Year RORE %?

Managem CAS:MNG -3.12% 68 3-Year RORE % is 78.89 as of Dec. 2025. GuruFocus rates CAS:MNG with a GF Score™ of 68/100 and a GF Value™ of MAD5,286.63 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,148 Metals & Mining companies, Managem ranks better than 89.29% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Managem's 3-Year RORE % for the quarter that ended in Dec. 2025 was 78.89%.

The industry rank for Managem's 3-Year RORE % or its related term are showing as below:

CAS:MNG's 3-Year RORE % is ranked better than
89.29% of 2148 companies
in the Metals & Mining industry
Industry Median: -0.78 vs CAS:MNG: 78.89

Managem  (CAS:MNG) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Managem 3-Year RORE % Related Terms


Managem 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Managem's 3-Year RORE % 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.

Managem 3-Year RORE % Chart

Managem Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.97 55.59 -13.93 -58.46 78.89

Managem Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
3-Year RORE % 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 -13.93 -65.69 -58.46 -10.43 78.89

Managem 3-Year RORE % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Managem's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Managem 3-Year RORE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Managem's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Managem's 3-Year RORE % falls into.


CAS:MNG
68GF Score
Managem SA CAS:MNG
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Managem 3-Year RORE % Calculation

Managem's 3-Year RORE % for the quarter that ended in Dec. 2025 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 253.05-50.719 )/( 356.012-99.545 )
=202.331/256.467
=78.89 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 78.89 mean?
Managem (CAS:MNG) has a 3-Year RORE % of 78.89 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Managem and its competitors. According to the industry distribution chart, Managem ranks #230 out of 2148 companies in the Metals & Mining industry, placing it in the top 10.7%.
Is Managem's 3-Year RORE % too high?
Managem's current 3-Year RORE % is 78.89. Based on the distribution chart, Managem ranks #230 out of 2148 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Managem has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Managem's 3-Year RORE % compare to competitors?
According to the Metals & Mining industry distribution chart, Managem ranks #230 out of 2148 companies for 3-Year RORE %. This places Managem in the top 11% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Metals & Mining company?
A good 3-Year RORE % depends on the Metals & Mining industry context. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Managem and its competitors. Managem's current 3-Year RORE % is 78.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Managem stock overvalued right now?
Based on GuruFocus' analysis, Managem (CAS:MNG) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD5,286.63, compared to a current price of MAD12,500.00 — trading 136.4% above its estimated fair value. The current 3-Year RORE % is 78.89. Managem's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Managem (CAS:MNG), the current 3-Year RORE % is 78.89 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 Managem (CAS:MNG) Overvalued in 2026?

Based on GuruFocus' analysis, Managem stock appears to be overvalued. The current stock price of MAD12,500.00 is trading 136.4% above its estimated GF Value™ of MAD5,286.63. GuruFocus considers Managem to be Significantly Overvalued.

Key valuation signals for CAS:MNG:

  • 3-Year RORE %: 78.89
  • GF Value™: MAD5,286.63 vs. price of MAD12,500.00 (136.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the CAS:MNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Managem Business Description

Address Angle Boulevards Zerktouni et Al Massira Al Khadra, Twin Center, Tour A, Casablanca, MAR, BP 5199
Managem SA operates as an integrated mining group. The business operations include managing a portfolio of properties targeting precious metals such as gold and silver, and base metals which include copper, zinc, lead, cobalt and fluorite.
68GF Score

Get the complete analysis for CAS:MNG

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

MAD12,500.00
Price
MAD5,286.63
GF Value