MAROC TELECOM
Research MAROC TELECOM (IAM.PA) on Bullrun: market cap EUR 7.22B, P/E 14.9, dividend yield 4.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerIAM.PA
- ExchangeXPAR
- CountryMorocco
- SectorCommunication Services
- IndustryTelecom Services
- CurrencyEUR
- Market capEUR 7.22B
- P/E14.9
- Dividend yield4.5%
- Financial periodFY2025
- RevenueMAD 37.84B
- Revenue growth-0.0%
- Net incomeMAD 6.97B
- Free cash flowMAD 9.10B
- Gross margin80.5%
Valuation Snapshot
latest market cap is EUR 7.22B; P/E is 14.9; dividend yield is 4.5%.
Peer valuation comparison
Latest P/E is 14.95x versus a Communication Services sector median of 15.76x (5.2% below).
Latest dividend yield is 4.5% versus a Communication Services sector median of 3.51% (28.2% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | MAD 37.84B | MAD 6.97B | MAD 9.10B | 80.5% | 7.93 | MAD 1.97B | MAD 19.60B | MAD 20.48B |
| FY2024 | MAD 37.85B | MAD 1.80B | -MAD 65.00M | 80.5% | 2.05 | MAD 1.98B | MAD 24.44B | MAD 14.91B |
| FY2023 | MAD 37.92B | MAD 5.28B | MAD 5.08B | 79.9% | 6.01 | MAD 1.01B | MAD 17.41B | MAD 17.13B |
| FY2022 | MAD 36.79B | MAD 2.75B | MAD 4.93B | 79.9% | 3.13 | MAD 1.87B | MAD 18.25B | MAD 13.90B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-11-03 | EUR 7.22B | 14.9 | 4.4% | 0.35 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.35 EUR, yield 4.5%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.13 MAD |
| FY2024 | 0.39 MAD |
| FY2023 | 0.2 MAD |
| FY2022 | 0.44 MAD |
| FY2021 | 0.37 MAD |
About MAROC TELECOM
Itissalat Al-Maghrib (IAM) S.A. provides various telecommunication solutions in Morocco and internationally. It operates through Mobile Telephony, Fixed Line Telephony, and Internet segments. The company provides telephony services, including voice and data, as well as broadband Internet access to private customers, businesses and the public sector; and prepaid and postpaid services. The company was founded in 1998 and is headquartered in Rabat, Morocco. Itissalat Al-Maghrib (IAM) S.A.
ETFs that hold MAROC TELECOM
US-listed ETFs
MAROC TELECOM is held by one US-listed ETF, going by the latest portfolio it filed with the SEC:
| ETF | Weight | Fee |
|---|---|---|
| VanEck Africa Index ETF (AFK) | 1.74% | 0.76% |
Portfolios as filed with the SEC on Form N-PORT, dated June 2026. Brokers in the EU generally do not offer US-listed ETFs to retail investors.
Related stock research
Other Communication Services stocks
Frequently asked questions
What is MAROC TELECOM's market cap?
MAROC TELECOM's market capitalization is EUR 7.22B.
What is MAROC TELECOM's P/E ratio?
MAROC TELECOM's price-to-earnings (P/E) ratio is 14.9.
Does MAROC TELECOM pay a dividend?
MAROC TELECOM has a dividend yield of 4.5%.
What does MAROC TELECOM do?
Itissalat Al-Maghrib (IAM) S.A. provides various telecommunication solutions in Morocco and internationally. It operates through Mobile Telephony, Fixed Line Telephony, and Internet segments. The company provides telephony services, including voice and data, as well as broadband Internet access to private customers, businesses and the public sector; and prepaid and postpaid services. The company was founded in 1998 and is headquartered in Rabat, Morocco. Itissalat Al-Maghrib (IAM) S.A. operates as a subsidiary of Société de Participation dans les Télécommunications.