NICO Holdings (MSW:NICO) Research & Development: MWK0 Mil (TTM As of Dec. 2025)


MSW:NICO NICO Holdings PLC MSW:NICO
57 GF Score
Price MWK1,600.16
GF Value MWK728.26
Valuation Significantly Overvalued
! 2 Warning Signs
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What is NICO Holdings Research & Development?

NICO Holdings MSW:NICO -0.67% 57 Research & Development is MWK0 Mil as of Dec. 2025. GuruFocus rates MSW:NICO with a GF Score™ of 57/100 and a GF Value™ of MWK728.26 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. NICO Holdings's Research & Development for the six months ended in Dec. 2025 was MWK0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was MWK0 Mil.

NICO Holdings  (MSW:NICO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

NICO Holdings Research & Development Related Terms

NICO Holdings Research & Development Historical Data

* Premium members only.

The historical data trend for NICO Holdings's Research & Development 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 Research & Development Chart

NICO Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec24 Dec25
Research & Development
0.00 0.00 0.00 0.00 0.00

NICO Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec24 Dec25
Research & Development 0.00 0.00 0.00 0.00 0.00
MSW:NICO
57GF Score
NICO Holdings PLC MSW:NICO
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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NICO Holdings Research & Development Calculation

This is the expense the company spent on research and development.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was MWK0 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of MWK0 Mil mean?
NICO Holdings (MSW:NICO) has a Research & Development of MWK0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on NICO Holdings and its competitors.
Is NICO Holdings' Research & Development too high?
NICO Holdings' current Research & Development is MWK0 Mil. 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' Research & Development compare to BRK.A and AIG?
NICO Holdings' Research & Development of MWK0 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 Research & Development for an Insurance company?
A good Research & Development depends on the Insurance industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on NICO Holdings and its competitors. NICO Holdings's current Research & Development is MWK0 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 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 Research & Development is MWK0 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For NICO Holdings (MSW:NICO), the current Research & Development is MWK0 Mil 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:

  • Research & Development: MWK0 Mil
  • GF Value™: MWK728.26 vs. price of MWK1,600.16 (119.7% above fair value)
  • GF Score™: 57/100 with 2 warning signs

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 Business Description

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. 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

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MWK1,600.16
Price
MWK728.26
GF Value