Societe Generale des Travaux du Maroc S.A (CBSE:GTM)

Morocco · Delayed Price · Currency is MAD

710.00

-19.10 (-2.62%)

At close: Aug 11, 2026

CBSE:GTM Financials Overview

Financials in millions MAD. Fiscal year is January - December.

Millions MAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	15,165	15,165	11,099	8,506	8,787	5,222
Revenue Growth	7.95%	36.64%	30.48%	-3.20%	68.28%	-
Gross Profit	4,847	4,847	3,403	2,726	2,725	1,669
Operating Income	1,952	1,952	1,411	1,134	1,236	446.49
Net Income	1,342	1,342	589.76	645.23	767.55	328.72
Earnings Per Share	37.00	37.00	197.00	215.00	256.00	110.00
EPS Growth	-90.48%	-81.22%	-8.37%	-16.02%	132.73%	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Morocco	15,052	15,052	10,895	8,111	8,256	4,738
Africa (Excluding Morocco)	113.38	113.38	204.12	394.78	531.39	484.25
Total	15,165	15,165	11,099	8,506	8,787	5,222

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,256	2,256	1,415	670.22	678.61	438.81
Total Debt	2,172	2,172	1,913	1,803	2,487	1,846
Net Cash (Debt)	84.51	84.51	-497.39	-1,133	-1,809	-1,407
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	2.33	2.33	-166.14	-377.50	-603.26	-470.88

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	1,614	1,614	1,546	1,522	261.92	856.18
Capital Expenditures	-783.61	-783.61	-673.81	-721.13	-559.92	-351.91
Free Cash Flow	830.89	830.89	871.91	801.23	-298	504.27
Free Cash Flow Growth	-	-4.71%	8.82%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	31.96%	31.96%	30.66%	32.05%	31.02%	31.96%
Operating Margin	12.87%	12.87%	12.72%	13.34%	14.07%	8.55%
Pretax Margin	12.90%	12.90%	9.30%	11.72%	13.81%	8.53%
Profit Margin	8.85%	8.85%	5.31%	7.59%	8.73%	6.30%
FCF Margin	5.48%	5.48%	7.86%	9.42%	-3.39%	9.66%

Dividends

Fiscal Year	Current	FY 2025
Period Ending	Aug '26 Aug 11, 2026	Dec '25 Dec 31, 2025
Dividend Per Share	12.000	12.000
Dividend Per Share Growth	0%	-
Dividend Yield	1.65%	1.33%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	19.19	40.91	-	-	-	-
P/FCF Ratio	51.27	66.07	-	-	-	-
PS Ratio	2.81	3.62	-	-	-	-