SODEP -Marsa Maroc (CAS:MSA) Asset Turnover: 0.31 (As of Dec. 2025)

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CAS:MSA SODEP -Marsa Maroc SA CAS:MSA
88 GF Score
Price MAD873.50
GF Value MAD551.32
Valuation Significantly Overvalued
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What is SODEP -Marsa Maroc Asset Turnover?

SODEP -Marsa Maroc CAS:MSA +0.98% 88 Asset Turnover is 0.31 as of Dec. 2025. GuruFocus rates CAS:MSA with a GF Score™ of 88/100 and a GF Value™ of MAD551.32 (Significantly Overvalued).

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. SODEP -Marsa Maroc's Revenue for the six months ended in Dec. 2025 was MAD2,943 Mil. SODEP -Marsa Maroc's Total Assets for the quarter that ended in Dec. 2025 was MAD9,385 Mil. Therefore, SODEP -Marsa Maroc's Asset Turnover for the quarter that ended in Dec. 2025 was 0.31.

Asset Turnover is linked to ROE % through Du Pont Formula. SODEP -Marsa Maroc's annualized ROE % for the quarter that ended in Dec. 2025 was 44.81%. It is also linked to ROA % through Du Pont Formula. SODEP -Marsa Maroc's annualized ROA % for the quarter that ended in Dec. 2025 was 17.38%.


SODEP -Marsa Maroc  (CAS:MSA) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

SODEP -Marsa Maroc's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=1631.288/3640.327
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1631.288 / 5885.062)*(5885.062 / 9384.8255)*(9384.8255/ 3640.327)
=Net Margin %*Asset Turnover*Equity Multiplier
=27.72 %*0.6271*2.578
=ROA %*Equity Multiplier
=17.38 %*2.578
=44.81 %

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.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

SODEP -Marsa Maroc's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=1631.288/9384.8255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1631.288 / 5885.062)*(5885.062 / 9384.8255)
=Net Margin %*Asset Turnover
=27.72 %*0.6271
=17.38 %

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.

* 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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


SODEP -Marsa Maroc Asset Turnover Related Terms


SODEP -Marsa Maroc Asset Turnover Historical Data

* Premium members only.

The historical data trend for SODEP -Marsa Maroc's Asset Turnover 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.

SODEP -Marsa Maroc Asset Turnover Chart

SODEP -Marsa Maroc Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.50 0.54 0.62 0.66

SODEP -Marsa Maroc Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Asset Turnover 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 0.27 0.30 0.30 0.32 0.31

CAS:MSA vs KEX: Asset Turnover Comparison

For the Marine Shipping subindustry, SODEP -Marsa Maroc's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


SODEP -Marsa Maroc Asset Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's Asset Turnover distribution charts can be found below:

* The bar in red indicates where SODEP -Marsa Maroc's Asset Turnover falls into.


CAS:MSA
88GF Score
SODEP -Marsa Maroc SA CAS:MSA
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SODEP -Marsa Maroc Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

SODEP -Marsa Maroc's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=5784.894/( (8298.683+9332.718)/ 2 )
=5784.894/8815.7005
=0.66

SODEP -Marsa Maroc's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=2942.531/( (9436.933+9332.718)/ 2 )
=2942.531/9384.8255
=0.31

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.31 mean?
SODEP -Marsa Maroc (CAS:MSA) has a Asset Turnover of 0.31 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on SODEP -Marsa Maroc and its competitors.
Is SODEP -Marsa Maroc's Asset Turnover too high?
SODEP -Marsa Maroc's current Asset Turnover is 0.31. Overall, SODEP -Marsa Maroc has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SODEP -Marsa Maroc's Asset Turnover compare to KEX?
SODEP -Marsa Maroc's Asset Turnover of 0.31 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Transportation company?
A good Asset Turnover depends on the Transportation industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on SODEP -Marsa Maroc and its competitors. SODEP -Marsa Maroc's current Asset Turnover is 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SODEP -Marsa Maroc stock overvalued right now?
Based on GuruFocus' analysis, SODEP -Marsa Maroc (CAS:MSA) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD551.32, compared to a current price of MAD873.50 — trading 58.4% above its estimated fair value. The current Asset Turnover is 0.31. SODEP -Marsa Maroc's overall GF Score™ is 88/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For SODEP -Marsa Maroc (CAS:MSA), the current Asset Turnover is 0.31 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 SODEP -Marsa Maroc (CAS:MSA) Overvalued in 2026?

Based on GuruFocus' analysis, SODEP -Marsa Maroc stock appears to be overvalued. The current stock price of MAD873.50 is trading 58.4% above its estimated GF Value™ of MAD551.32. GuruFocus considers SODEP -Marsa Maroc to be Significantly Overvalued.

Key valuation signals for CAS:MSA:

  • Asset Turnover: 0.31
  • GF Value™: MAD551.32 vs. price of MAD873.50 (58.4% above fair value)
  • GF Score™: 88/100

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


SODEP -Marsa Maroc Business Description

Address 175, Boulevard Zerktouni, Casablanca, MAR, 20100
SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.
88GF Score

Get the complete analysis for CAS:MSA

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MAD873.50
Price
MAD551.32
GF Value