Itissalat Al-Maghrib (IAM) S.A
Research Itissalat Al-Maghrib (IAM) S.A (MSPA) on Bullrun: market cap EUR 7.59B, P/E 15.7. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMSPA
- ExchangeF
- CountryMorocco
- SectorCommunication Services
- IndustryTelecom Services
- CurrencyEUR
- Market capEUR 7.59B
- P/E15.7
- 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 7.59B; P/E is 15.7.
Peer valuation comparison
Latest P/E is 15.71x versus a Communication Services sector median of 15.79x.
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 | 2026-10-13 | EUR 7.59B | 15.7 | 4.1% | 0.35 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.35 EUR.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.13 MAD |
| FY2024 | 0.39 MAD |
| FY2023 | 0.2 MAD |
| FY2022 | 0.44 MAD |
| FY2021 | 0.37 MAD |
About Itissalat Al-Maghrib (IAM) S.A
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.
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Frequently asked questions
What is Itissalat Al-Maghrib (IAM) S.A's market cap?
Itissalat Al-Maghrib (IAM) S.A's market capitalization is EUR 7.59B.
What is Itissalat Al-Maghrib (IAM) S.A's P/E ratio?
Itissalat Al-Maghrib (IAM) S.A's price-to-earnings (P/E) ratio is 15.7.
What does Itissalat Al-Maghrib (IAM) S.A 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.