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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NICO Holdings's Enterprise Value is MWK1,556,245 Mil.
NICO Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MWK633,024 Mil. Therefore, NICO Holdings's EV-to-EBIT ratio for today is 2.46.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, NICO Holdings's Enterprise Value is MWK1,556,245 Mil.
NICO Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was MWK644,875 Mil. Therefore, NICO Holdings's EV-to-EBITDA ratio for today is 2.41.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, NICO Holdings's Enterprise Value is MWK1,556,245 Mil.
NICO Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was MWK1,508,267 Mil. Therefore, NICO Holdings's EV-to-Revenue ratio for today is 1.03.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, NICO Holdings's Enterprise Value is MWK1,556,245 Mil.
NICO Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was MWK-68,882 Mil. Therefore, NICO Holdings's EV-to-FCF ratio for today is -22.59.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
NICO Holdings (MSW:NICO) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
NICO Holdings's current Enterprise Value is MWK1,556,245 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. NICO Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MWK633,024 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
NICO Holdings's current Enterprise Value is MWK1,556,245 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. NICO Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was MWK644,875 Mil.
NICO Holdings's current Enterprise Value is MWK1,556,245 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. NICO Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was MWK1,508,267 Mil.
NICO Holdings's current Enterprise Value is MWK1,556,245 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. NICO Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was MWK-47,197 Mil.
NICO Holdings's current Enterprise Value is MWK1,556,245 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. NICO Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was MWK-68,882 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NICO Holdings Enterprise Value Related Terms
NICO Holdings Enterprise Value Historical Data
* Premium members only.
The historical data trend for NICO Holdings's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NICO Holdings Enterprise Value Chart
NICO Holdings Annual Data
Trend
Dec20
Dec21
Dec22
Dec24
Dec25
Enterprise Value
54,238.13
54,060.85
61,924.69
414,926.92
1,903,430.56
NICO Holdings Semi-Annual Data
Dec20
Dec21
Dec22
Dec24
Dec25
Enterprise Value
54,238.13
54,060.85
61,924.69
414,926.92
1,903,430.56
MSW:NICO vs BRK.A, AIG, HIG: Enterprise Value Comparison
For the Insurance - Diversified subindustry, NICO Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NICO Holdings Enterprise Value vs Insurance Industry
For the Insurance industry and Financial Services sector, NICO Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where NICO Holdings's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
NICO Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Enterprise Value of MWK1,556,245 Mil mean?
NICO Holdings (MSW:NICO) has a Enterprise Value of MWK1,556,245 Mil as of Aug. 11, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NICO Holdings and its competitors.
Is NICO Holdings' Enterprise Value too high?
NICO Holdings' current Enterprise Value is MWK1,556,245 Mil. Overall, NICO Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NICO Holdings' Enterprise Value compare to BRK.A and AIG?
NICO Holdings' Enterprise Value of MWK1,556,245 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Insurance company?
A good Enterprise Value depends on the Insurance industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on NICO Holdings and its competitors. NICO Holdings's current Enterprise Value is MWK1,556,245 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NICO Holdings stock overvalued right now?
Based on GuruFocus' analysis, NICO Holdings (MSW:NICO) is currently considered Fairly Valued. The stock's GF Value™ is MWK1,276.92, compared to a current price of MWK1,344.87 — trading 5.3% above its estimated fair value. The current Enterprise Value is MWK1,556,245 Mil. NICO Holdings' overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For NICO Holdings (MSW:NICO), the current Enterprise Value is MWK1,556,245 Mil as of Aug. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NICO Holdings (MSW:NICO) Overvalued in 2026?
Based on GuruFocus' analysis, NICO Holdings stock appears to be overvalued.
The current stock price of MWK1,344.87 is trading 5.3% above its estimated GF Value™ of MWK1,276.92.
GuruFocus considers NICO Holdings to be Fairly Valued.
Key valuation signals for MSW:NICO:
Enterprise Value: MWK1,556,245 Mil
GF Value™: MWK1,276.92 vs. price of MWK1,344.87 (5.3% above fair value)
No single metric tells the full story. See the MSW:NICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NICO Holdings PLC is a Malawi-based financial service company that operates in diversified business. Its segments include Life Insurance and Pension, General Insurance business, Banking business, Investment Holding, Asset Management, and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accidents throughout Malawi, Zambia, Tanzania, and Uganda. In contrast, life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. The majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments only operate in Malawi.
79GF Score
Get the complete analysis for MSW:NICO
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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