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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
NICO Holdings's operating assets for the quarter that ended in Dec. 2025 was MWK3,556,022 Mil. NICO Holdings's operating liabilities for the quarter that ended in Dec. 2025 was MWK3,535,390 Mil. NICO Holdings's Total Assets for the quarter that ended in Dec. 2024 was MWK2,428,936 Mil. Therefore, NICO Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was 0.01.
* 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 Scaled Net Operating Assets of 0.01 mean?
NICO Holdings (MSW:NICO) has a Scaled Net Operating Assets of 0.01 as of Dec. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on NICO Holdings and its competitors.
Is NICO Holdings' Scaled Net Operating Assets too high?
NICO Holdings' current Scaled Net Operating Assets is 0.01. Overall, NICO Holdings has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NICO Holdings' Scaled Net Operating Assets compare to BRK.A and AIG?
NICO Holdings' Scaled Net Operating Assets of 0.01 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 Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on NICO Holdings and its competitors. NICO Holdings's current Scaled Net Operating Assets is 0.01. 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 Fairly Valued. The stock's GF Value™ is MWK1,276.92, compared to a current price of MWK1,344.80 — trading 5.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.01. NICO Holdings' overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For NICO Holdings (MSW:NICO), the current Scaled Net Operating Assets is 0.01 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 MWK1,344.80 is trading 5.3% above its estimated GF Value™ of MWK1,276.92.
GuruFocus considers NICO Holdings to be Fairly Valued.
Key valuation signals for MSW:NICO:
Scaled Net Operating Assets: 0.01
GF Value™: MWK1,276.92 vs. price of MWK1,344.80 (5.3% 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.
79GF Score
Get the complete analysis for MSW:NICO
Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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