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NICO Holdings (MSW:NICO) Pretax Margin % : 18.79% (As of Dec. 2022)


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What is NICO Holdings Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NICO Holdings's Pre-Tax Income for the six months ended in Dec. 2022 was MWK49,698 Mil. NICO Holdings's Revenue for the six months ended in Dec. 2022 was MWK264,557 Mil. Therefore, NICO Holdings's pretax margin for the quarter that ended in Dec. 2022 was 18.79%.

The historical rank and industry rank for NICO Holdings's Pretax Margin % or its related term are showing as below:

MSW:NICO' s Pretax Margin % Range Over the Past 10 Years
Min: 12.86   Med: 15.87   Max: 18.79
Current: 18.79


MSW:NICO's Pretax Margin % is ranked better than
74.49% of 490 companies
in the Insurance industry
Industry Median: 10.725 vs MSW:NICO: 18.79

NICO Holdings Pretax Margin % Historical Data

The historical data trend for NICO Holdings's Pretax 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.

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NICO Holdings Pretax Margin % Chart

NICO Holdings Annual Data
Trend Dec20 Dec21 Dec22
Pretax Margin %
15.87 12.86 18.79

NICO Holdings Semi-Annual Data
Dec20 Dec21 Dec22
Pretax Margin % 15.87 12.86 18.79

Competitive Comparison of NICO Holdings's Pretax Margin %

For the Insurance - Diversified subindustry, NICO Holdings's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, NICO Holdings's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where NICO Holdings's Pretax Margin % falls into.



NICO Holdings Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

NICO Holdings's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=49697.628/264557.073
=18.79 %

NICO Holdings's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=49697.628/264557.073
=18.79 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


NICO Holdings Pretax Margin % Related Terms

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NICO Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI
NICO Holdings PLC is a Malawi based financial service company that operates in diversified business. The company operates in segments including Life Insurance and Pension, General Insurance, Banking, Investment Holding, Asset Management and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, and road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accident throughout Malawi, Zambia, Tanzania, and Uganda. While life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. Majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments are only operated in Malawi.

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