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CMGP on the stock market: analysis of the CMGP Group share

A leader in farm inputs and irrigation in Morocco, CMGP Group is one of the few listed stocks directly linked to agriculture.

Editorial team BoursimpleUpdated 2 min read
Irrigation of a farm field
Irrigation of a farm field · Illustrative photo : Unsplash
Share price of CMGPCSEMA : CMG · delayed data from TradingView
NameCMGP Group
SectorAgriculture: irrigation, seeds, fertilisers and crop protection
ListedCasablanca Stock Exchange, since December 2021

Who is CMGP Group?

CMGP Group supports Moroccan farmers with a wide range of farming solutions: drip irrigation systems, seeds, fertilisers, crop protection products and technical advice. Its clients range from large farms to small farmers, often through public agricultural programmes.

Growth drivers

  • Saving water: with water stress, drip irrigation is encouraged and subsidised by the State.
  • National farming strategies (Generation Green) that support modern farms.
  • A complete offer to sell several products to the same farmer.
  • Exports and Africa.

Risks to watch

  • Drought: a bad farming season cuts farmers’ spending, but it can also speed up the move to water-saving irrigation.
  • Dependence on subsidies and how fast they are paid.
  • Raw material prices (fertilisers, plastics) and exchange rates.
  • Credit given to customers.

Frequently asked questions

Why does the CMGP share depend on rain?

Farmers’ income, and so their purchases, depend on the farming season. Drought also shapes public policies that favour water-saving irrigation.

This article is for information and educational purposes only. It is not investment advice or a recommendation to buy or sell any security. Investing in shares involves a risk of capital loss. Check figures against official sources (Casablanca Stock Exchange, AMMC) and consult a licensed professional. Read the full disclaimer.