FCF Margin % is calculated as Free Cash Flow divided by its Revenue. NICO Holdings's Free Cash Flow for the
six
months ended in Dec. 2025 was MWK-69,246 Mil. NICO Holdings's Revenue for the
six
months ended in Dec. 2025 was MWK880,854 Mil. Therefore, NICO Holdings's FCF Margin % for the quarter that ended in Dec. 2025 was -7.86%.
The historical rank and industry rank for NICO Holdings's FCF Margin % or its related term are showing as below:
MSW:NICO'
s FCF Margin % Range Over the Past 10 Years
Min: -7.86 Med: 8.9 Max: 36.89
Current: -7.86
During the past 5 years, the highest FCF Margin % of NICO Holdings was 36.89%. The lowest was -7.86%. And the median was 8.90%.
MSW:NICO's FCF Margin % is ranked worse than 87.65% of 502
companies
in the Insurance industry
Industry Median: 9.63
vs MSW:NICO: -7.86
NICO Holdings FCF Margin % Related Terms
NICO Holdings FCF Margin % Historical Data
* Premium members only.
The historical data trend for NICO Holdings's FCF Margin % 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 FCF Margin % Chart
NICO Holdings Annual Data
Trend
Dec20
Dec21
Dec22
Dec24
Dec25
FCF Margin %
35.48
36.89
-1.33
8.90
-7.86
NICO Holdings Semi-Annual Data
Dec20
Dec21
Dec22
Dec24
Dec25
FCF Margin %
35.48
36.89
-1.33
8.90
-7.86
MSW:NICO vs BRK.A, AIG, HIG: FCF Margin % Comparison
For the Insurance - Diversified subindustry, NICO Holdings's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, NICO Holdings's FCF Margin % distribution charts can be found below:
* The bar in red indicates where NICO Holdings's FCF Margin % falls into.
* 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 (MSW:NICO) has a FCF Margin % of -7.86% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NICO Holdings and its competitors. According to the industry distribution chart, NICO Holdings ranks #440 out of 502 companies in the Insurance industry, placing it in the top 87.6%.
Is NICO Holdings' FCF Margin % too high?
NICO Holdings' current FCF Margin % is -7.86%. Based on the distribution chart, NICO Holdings ranks #440 out of 502 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, NICO Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NICO Holdings' FCF Margin % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, NICO Holdings ranks #440 out of 502 companies for FCF Margin %. This places NICO Holdings in the lower half of its industry. The industry median FCF Margin % is 9.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Insurance company?
The median FCF Margin % among Insurance companies is 9.63, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NICO Holdings and its competitors. For the Insurance industry, the median FCF Margin % is 9.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NICO Holdings's current FCF Margin % is -7.86%. 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 Significantly Overvalued. The stock's GF Value™ is MWK728.26, compared to a current price of MWK1,600.16 — trading 119.7% above its estimated fair value. The current FCF Margin % is -7.86%. NICO Holdings' overall GF Score™ is 57/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For NICO Holdings (MSW:NICO), the current FCF Margin % is -7.86% as of Dec. 2025. 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 MWK1,600.16 is trading 119.7% above its estimated GF Value™ of MWK728.26.
GuruFocus considers NICO Holdings to be Significantly Overvalued.
Key valuation signals for MSW:NICO:
FCF Margin %: -7.86%
GF Value™: MWK728.26 vs. price of MWK1,600.16 (119.7% 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.
57GF Score
Get the complete analysis for MSW:NICO
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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