Obermatt

Afriquia Gaz

CAS:GAZ · MA0000010951
Oil, Gas & Consumable FuelsMedium

360

61
EV / EBIT63
Price / Owner Earnings27
Owner Earnings Yield65
Dividend Yield75
Price/Sales35
EV / Gross Profit61
Price/Book7
Return on Capital97
Cash Return on Capital88
Return on Equity87
EBIT Margin44
Gross Profitability84
Cash Conversion11
Accruals24
Owner Earnings Margin67
Sales growth14
Profit Growth26
Long-Term EPS Growth30
Owner Earnings Growth52
Reinvestment43
Price momentum27
Debt load55
Refinancing20
Debt Payback72
Liquidity80
Analyst ratings40
Opinion Changes50
Price Target Upside68
Market mood1
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Afriquia Gaz clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryMorocco
IndustryOil, Gas & Consumable Fuels
SizeMedium
TypePublic Company
ExchangeCBSE
Employees131
ISINMA0000010951
Last UpdateApr 2, 2026
Index & Theme
Freight ServiceEnergyOil and GasSales

Description

Afriquia Gaz SA distributes liquefied petroleum gas, butane, and propane. The company operates as a key subsidiary within the Akwa Group, a major Moroccan conglomerate, and is recognized as a central player in the Moroccan energy sector. The company…

Analysis

Middle-of-the-road

Afriquia Gaz SA is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is fair. You pay 21.8× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone.

The trajectory is tepid and the balance sheet is sturdy. The company scores 12/20 on our value-creation score: creating some value.

What to watch: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
11
2023202420252026

All-time high

52

Jan 2025

All-time low

8

Jan 2024

Average rank

18

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
35
17
21
17
Price/Earnings
16
13
9
25
Price/Book
7
9
9
13
Dividend Yield
75
43
45
60
Value (overall)
23
11
10
18

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →