TAQA Morocco S.A.

CBSE:TQM Stock Report

Market Cap: د.م32.2b

TAQA Morocco Past Earnings Performance

Past criteria checks 3/6

TAQA Morocco has been growing earnings at an average annual rate of 3.9%, while the Renewable Energy industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 12.1% per year. TAQA Morocco's return on equity is 20.5%, and it has net margins of 9.7%.

Key information

3.9%

Earnings growth rate

3.9%

EPS growth rate

Renewable Energy Industry Growth12.6%
Revenue growth rate12.1%
Return on equity20.5%
Net Margin9.7%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How TAQA Morocco makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CBSE:TQM Revenue, expenses and earnings (MAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2411,3941,1052990
31 Mar 2412,0601,0782950
31 Dec 2313,1911,0372950
30 Sep 2314,1681,0972970
30 Jun 2315,1461,1562990
31 Mar 2315,0361,2663010
31 Dec 2213,6041,3033010
30 Sep 2211,9291,2353010
30 Jun 2210,2541,1663020
31 Mar 228,5581,0563120
31 Dec 217,8121,0053120
30 Sep 217,5259503170
30 Jun 217,2378953220
31 Mar 217,6938952430
31 Dec 207,7898803170
30 Sep 208,2069283060
30 Jun 208,6229752940
31 Mar 208,8701,0152840
31 Dec 199,1181,0542740
30 Sep 198,9851,0342670
30 Jun 198,8521,0132610
31 Mar 198,6811,0312600
31 Dec 188,5111,0492580
30 Sep 188,3461,0352600
30 Jun 188,1811,0212610
31 Mar 188,1321,0172580
31 Dec 178,0821,0142550
30 Sep 178,0761,0312490
30 Jun 178,0691,0472420
31 Mar 178,0591,0132360
31 Dec 168,0499782300
30 Sep 168,3179832250
30 Jun 168,5849882190
31 Mar 168,7369772260
31 Dec 158,8889662340
30 Sep 158,7029122400
30 Jun 158,6228592450
31 Mar 158,0178292430
31 Dec 147,4117992410
30 Sep 146,6397612300
30 Jun 145,7607232190
31 Mar 145,3485592090
31 Dec 134,9363951990

Quality Earnings: TQM has high quality earnings.

Growing Profit Margin: TQM's current net profit margins (9.7%) are higher than last year (7.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TQM's earnings have grown by 3.9% per year over the past 5 years.

Accelerating Growth: TQM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TQM had negative earnings growth (-4.4%) over the past year, making it difficult to compare to the Renewable Energy industry average (2.2%).

Return on Equity

High ROE: Whilst TQM's Return on Equity (20.45%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 09:14
End of Day Share Price 2024/12/30 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TAQA Morocco S.A. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kais KriaaAlphaMena
Dounia FilaliBmce Capital Bourse