TAQA Morocco S.A. (CBSE:TQM)

TAQA Morocco Ratios and Metrics

Market cap in millions MAD. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr 27, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	43,639	50,008	31,609	25,947	25,900	24,768
Market Cap Growth	-5.61%	58.21%	21.82%	0.18%	4.57%	14.75%
Enterprise Value	50,775	57,178	40,293	33,696	35,336	33,934
PE Ratio	44.49	50.99	30.02	25.01	19.88	24.65
PS Ratio	4.10	4.70	2.91	1.97	1.90	3.17
PB Ratio	5.82	6.67	4.29	3.64	3.43	3.59
P/FCF Ratio	26.49	30.36	28.43	11.29	12.83	14.22
P/OCF Ratio	24.07	27.59	22.51	9.88	11.45	12.67
EV/Sales Ratio	4.77	5.38	3.70	2.56	2.60	4.34
EV/EBITDA Ratio	15.60	17.56	11.65	9.49	9.52	10.48
EV/EBIT Ratio	20.79	23.41	15.31	12.45	12.13	13.96
EV/FCF Ratio	30.82	34.71	36.24	14.66	17.50	19.49
Debt / Equity Ratio	1.29	1.29	1.40	1.55	1.20	1.40
Debt / EBITDA Ratio	2.97	2.97	2.99	3.10	2.45	2.97
Debt / FCF Ratio	5.88	5.88	9.30	4.80	4.50	5.53
Net Debt / Equity Ratio	0.86	0.86	0.92	0.95	0.89	1.17
Net Debt / EBITDA Ratio	1.97	1.97	1.96	1.91	1.80	2.50
Net Debt / FCF Ratio	3.89	3.89	6.09	2.95	3.31	4.64
Quick Ratio	2.13	2.13	2.19	1.81	1.09	1.46
Current Ratio	2.78	2.78	2.77	2.34	1.55	2.11
Asset Turnover	0.52	0.52	0.50	0.59	0.65	0.40
Return on Equity (ROE)	17.15%	17.15%	19.00%	18.38%	23.19%	18.91%
Return on Assets (ROA)	7.41%	7.41%	7.62%	7.56%	8.68%	7.79%
Return on Capital Employed (ROCE)	14.20%	14.20%	14.80%	14.90%	17.40%	14.50%
Earnings Yield	2.25%	1.96%	3.33%	4.00%	5.03%	4.06%
FCF Yield	3.78%	3.29%	3.52%	8.86%	7.80%	7.03%
Dividend Yield	2.00%	-	2.80%	3.31%	3.43%	3.70%
Payout Ratio	120.89%	120.89%	104.25%	170.87%	79.03%	100.60%
Buyback Yield / Dilution	0.02%	0.02%	-0.02%	0.00%	0.00%	0.01%
Total Shareholder Return	2.02%	0.02%	2.78%	3.32%	3.43%	3.71%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.