Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. NICO Holdings's annualizedGross Profit for the quarter that ended in Dec. 2025 was MWK880,854 Mil.
NICO Holdings's average Total Assets over the quarter that ended in Dec. 2025 was MWK4,207,412 Mil. Therefore, NICO Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2025 was 20.94%.
NICO Holdings Gross-Profit-to-Asset % Related Terms
NICO Holdings Gross-Profit-to-Asset % Historical Data
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The historical data trend for NICO Holdings's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart
NICO Holdings Annual Data
Trend
Dec20
Dec21
Dec22
Dec24
Dec25
Gross-Profit-to-Asset %
0.00
22.24
25.29
45.53
20.94
NICO Holdings Semi-Annual Data
Dec20
Dec21
Dec22
Dec24
Dec25
Gross-Profit-to-Asset %
0.00
22.24
25.29
45.53
20.94
MSW:NICO vs BRK.A, AIG, HIG: Gross-Profit-to-Asset % Comparison
For the Insurance - Diversified subindustry, NICO Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % vs Insurance Industry
For the Insurance industry and Financial Services sector, NICO Holdings's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where NICO Holdings's Gross-Profit-to-Asset % 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.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is one times the annual (Dec. 2025) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
What does a Gross-Profit-to-Asset % of 20.94% mean?
NICO Holdings (MSW:NICO) has a Gross-Profit-to-Asset % of 20.94% as of Dec. 2025. Gross Profit to Asset Ratio is the total gross profit divided by total assets. View historical data on NICO Holdings and its competitors. According to the industry distribution chart, NICO Holdings ranks #999999 out of 133 companies in the Insurance industry.
Is NICO Holdings' Gross-Profit-to-Asset % too high?
NICO Holdings' current Gross-Profit-to-Asset % is 20.94%. The Insurance industry median Gross-Profit-to-Asset % is 21.09. NICO Holdings' value of 20.94% is 0.7% below this industry median. Based on the distribution chart, NICO Holdings ranks #999999 out of 133 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' Gross-Profit-to-Asset % compare to BRK.A and AIG?
According to the Insurance industry distribution chart, NICO Holdings ranks #999999 out of 133 companies for Gross-Profit-to-Asset %. This places NICO Holdings in the lower half of its industry. The industry median Gross-Profit-to-Asset % is 21.09. NICO Holdings' value of 20.94% is 0.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross-Profit-to-Asset % for an Insurance company?
The median Gross-Profit-to-Asset % among Insurance companies is 21.09, based on 133 companies in the industry. Companies in the top quartile (top 25%) have a Gross-Profit-to-Asset % significantly above this median, while those in the bottom quartile fall well below. However, Gross-Profit-to-Asset % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NICO Holdings's current Gross-Profit-to-Asset % of 20.94% is 0.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross-Profit-to-Asset % mean?
A high Gross-Profit-to-Asset % can signal that a stock is expensive relative to its fundamentals. Gross Profit to Asset Ratio is the total gross profit divided by total assets. View historical data on NICO Holdings and its competitors. For the Insurance industry, the median Gross-Profit-to-Asset % is 21.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NICO Holdings's current Gross-Profit-to-Asset % is 20.94%. 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 Gross-Profit-to-Asset % is 20.94% and 0.7% below the Insurance industry median of 21.09. 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 Gross-Profit-to-Asset % calculated?
Gross-Profit-to-Asset % is calculated from a company's financial statements. For NICO Holdings (MSW:NICO), the current Gross-Profit-to-Asset % is 20.94% 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:
Gross-Profit-to-Asset %: 20.94%
GF Value™: MWK728.26 vs. price of MWK1,600.16 (119.7% above fair value)
Industry Position: 0.7% below the Insurance median (#999999 of 133)
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
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