Wafa Assurance SA (CBSE:WAA)
Morocco flag Morocco · Delayed Price · Currency is MAD
5,684.00
+84.00 (1.50%)
At close: Aug 10, 2026

Wafa Assurance Financials Overview

Millions MAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
9,6739,6738,62214,30313,20611,325
Revenue Growth
-37.65%12.19%-39.72%8.31%16.61%8.57%
Operating Income
1,3211,3211,315902.011,092484.8
Net Income
1,0261,026923.15670.5776.08424.04
Earnings Per Share
293.15293.15263.76192.00222.00121.00
EPS Growth
19.28%11.14%37.37%-13.51%83.47%-6.20%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Morocco
10,06410,0649,21611,34610,4678,656
Senegal
279.41279.41249.38338.1306.31269.35
Ivory Coast
375.99375.99335.46404.77343.53286.41
Tunisia
430.87430.87426.48437.74372.52431.09
Egypt
253.72253.72----
Cameroon
211.32211.32169.61197.12150.17142.26
Total
11,61511,61510,39712,72411,6399,785

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,2111,2111,0371,019958.12528.82
Total Debt
191.14191.14110.82521.6187.56608.29
Net Cash (Debt)
1,0201,020925.77497.26770.56-79.46
Net Cash Growth
5.37%10.13%86.18%-35.47%--
Net Cash Per Share
291.30291.30264.51142.39220.42-22.67

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
5,3495,3493,1124,0452,8793,511
Capital Expenditures
-754.32-754.32-179.19-247.23-372.28-221.84
Free Cash Flow
4,5944,5942,9333,7982,5073,289
Free Cash Flow Growth
7.11%56.66%-22.78%51.49%-23.79%-4.79%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
13.66%13.66%15.25%6.31%8.27%4.28%
Pretax Margin
13.66%13.66%15.25%6.31%8.27%4.28%
Profit Margin
10.61%10.61%10.71%4.69%5.88%3.74%
FCF Margin
47.49%47.49%34.01%26.55%18.98%29.04%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
140.000-140.000140.000130.000120.000
Dividend Per Share Growth
7.14%-0%7.69%8.33%20.00%
Dividend Yield
2.46%-3.31%3.82%3.90%2.87%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
19.3916.3916.9120.8816.9640.03
Forward PE
17.9316.8418.2019.1428.8028.80
P/FCF Ratio
4.333.665.323.695.255.16
PS Ratio
2.061.741.810.981.001.50