Credit du Maroc (CAS:CDM) Selling, General, & Admin. Expense: MAD1,357 Mil (TTM As of Mar. 2026)


CAS:CDM Credit du Maroc SA CAS:CDM
65 GF Score
Price MAD971.00
GF Value MAD1,084.68
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Credit du Maroc Selling, General, & Admin. Expense?

Credit du Maroc CAS:CDM 65 Selling, General, & Admin. Expense is MAD1,357 Mil as of Mar. 2026. GuruFocus rates CAS:CDM with a GF Score™ of 65/100 and a GF Value™ of MAD1,084.68 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Credit du Maroc's selling, general, & admin. expense for the three months ended in Mar. 2026 was MAD342 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was MAD1,357 Mil.


Credit du Maroc  (CAS:CDM) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Credit du Maroc Selling, General, & Admin. Expense Related Terms


Credit du Maroc Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Credit du Maroc's Selling, General, & Admin. Expense 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.

Credit du Maroc Selling, General, & Admin. Expense Chart

Credit du Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,156.80 1,309.84 1,365.98 1,345.39 1,359.55

Credit du Maroc Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 344.16 328.89 323.27 363.23 342.04

CAS:CDM vs PNC, USB: Selling, General, & Admin. Expense Comparison

For the Banks - Regional subindustry, Credit du Maroc's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Credit du Maroc Selling, General, & Admin. Expense vs Banks Industry

For the Banks industry and Financial Services sector, Credit du Maroc's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Credit du Maroc's Selling, General, & Admin. Expense falls into.


CAS:CDM
65GF Score
Credit du Maroc SA CAS:CDM
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Credit du Maroc Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MAD1,357 Mil.

* 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.

What does a Selling, General, & Admin. Expense of MAD1,357 Mil mean?
Credit du Maroc (CAS:CDM) has a Selling, General, & Admin. Expense of MAD1,357 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Credit du Maroc and its competitors.
Is Credit du Maroc's Selling, General, & Admin. Expense too high?
Credit du Maroc's current Selling, General, & Admin. Expense is MAD1,357 Mil. Overall, Credit du Maroc has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Credit du Maroc's Selling, General, & Admin. Expense compare to PNC and USB?
Credit du Maroc's Selling, General, & Admin. Expense of MAD1,357 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Banks company?
A good Selling, General, & Admin. Expense depends on the Banks industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Credit du Maroc and its competitors. Credit du Maroc's current Selling, General, & Admin. Expense is MAD1,357 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credit du Maroc stock overvalued right now?
Based on GuruFocus' analysis, Credit du Maroc (CAS:CDM) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD1,084.68, compared to a current price of MAD971.00 — trading 10.5% below its estimated fair value. The current Selling, General, & Admin. Expense is MAD1,357 Mil. Credit du Maroc's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Credit du Maroc (CAS:CDM), the current Selling, General, & Admin. Expense is MAD1,357 Mil as of Mar. 2026. 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 Credit du Maroc (CAS:CDM) Overvalued in 2026?

Based on GuruFocus' analysis, Credit du Maroc stock appears to be undervalued. The current stock price of MAD971.00 is trading 10.5% below its estimated GF Value™ of MAD1,084.68. GuruFocus considers Credit du Maroc to be Modestly Undervalued.

Key valuation signals for CAS:CDM:

  • Selling, General, & Admin. Expense: MAD1,357 Mil
  • GF Value™: MAD1,084.68 vs. price of MAD971.00 (10.5% below fair value)
  • GF Score™: 65/100 with 2 warning signs

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


Credit du Maroc Business Description

Address 48-58 Bd. Mohammed V, Casablanca, MAR
Credit du Maroc SA provides banking services. The company provides commercial banking activities and financial. commercial. property-related activities for its customers in Morocco or overseas.
65GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD971.00
Price
MAD1,084.68
GF Value