NICO Holdings's ROE % for the quarter that ended in Dec. 2025 was 56.00%. NICO Holdings's PB Ratio for the quarter that ended in Dec. 2025 was 6.04.
NICO Holdings's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 9.27%.
NICO Holdings ROE % Adjusted to Book Value Related Terms
NICO Holdings ROE % Adjusted to Book Value Historical Data
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The historical data trend for NICO Holdings's ROE % Adjusted to Book 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 ROE % Adjusted to Book Value Chart
NICO Holdings Annual Data
Trend
Dec20
Dec21
Dec22
Dec24
Dec25
ROE % Adjusted to Book Value
0.00
16.96
36.50
0.00
9.27
NICO Holdings Semi-Annual Data
Dec20
Dec21
Dec22
Dec24
Dec25
ROE % Adjusted to Book Value
0.00
16.96
36.50
0.00
9.27
MSW:NICO vs BRK.A, AIG, HIG: ROE % Adjusted to Book Value Comparison
For the Insurance - Diversified subindustry, NICO Holdings's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book 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 ROE % Adjusted to Book Value vs Insurance Industry
For the Insurance industry and Financial Services sector, NICO Holdings's ROE % Adjusted to Book Value distribution charts can be found below:
* The bar in red indicates where NICO Holdings's ROE % Adjusted to Book Value 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.
What does a ROE % Adjusted to Book Value of 9.27% mean?
NICO Holdings (MSW:NICO) has a ROE % Adjusted to Book Value of 9.27% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NICO Holdings and its competitors.
Is NICO Holdings' ROE % Adjusted to Book Value too high?
NICO Holdings' current ROE % Adjusted to Book Value is 9.27%. 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' ROE % Adjusted to Book Value compare to BRK.A and AIG?
NICO Holdings' ROE % Adjusted to Book Value of 9.27% 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 ROE % Adjusted to Book Value for an Insurance company?
A good ROE % Adjusted to Book Value depends on the Insurance industry context. However, ROE % Adjusted to Book 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NICO Holdings and its competitors. NICO Holdings's current ROE % Adjusted to Book Value is 9.27%. 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 MWK728.99, compared to a current price of MWK1,593.97 — trading 118.7% above its estimated fair value. The current ROE % Adjusted to Book Value is 9.27%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For NICO Holdings (MSW:NICO), the current ROE % Adjusted to Book Value is 9.27% 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 MWK1,593.97 is trading 118.7% above its estimated GF Value™ of MWK728.99.
GuruFocus considers NICO Holdings to be Significantly Overvalued.
Key valuation signals for MSW:NICO:
ROE % Adjusted to Book Value: 9.27%
GF Value™: MWK728.99 vs. price of MWK1,593.97 (118.7% 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
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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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