NICO Holdings (MSW:NICO) Scaled Net Operating Assets: N/A (As of Dec. 2025)


MSW:NICO NICO Holdings PLC MSW:NICO
57 GF Score
Price MWK1,593.97
GF Value MWK728.99
Valuation Significantly Overvalued
! 2 Warning Signs
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What is NICO Holdings Scaled Net Operating Assets?

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 MWK3,927,275 Mil. NICO Holdings's operating liabilities for the quarter that ended in Dec. 2025 was MWK3,606,985 Mil. NICO Holdings's Total Assets for the quarter that ended in Dec. 2024 was MWK0 Mil. Therefore, NICO Holdings's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2025 was N/A.

MSW:NICO
57GF Score
NICO Holdings PLC MSW:NICO
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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NICO Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

NICO Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3927275-3606985)/0
=N/A

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4207412 - 280137
=3927275

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3662011 - 55026 - 0
=3606985

NICO Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2025 )
=(Operating Assets (Q: Dec. 2025 )-Operating Liabilities (Q: Dec. 2025 ))/Total Assets (Q: Dec. 2024 )
=(3927275-3606985)/0
=N/A

where

Operating Assets(Q: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=4207412 - 280137
=3927275

Operating Liabilities(Q: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3662011 - 55026 - 0
=3606985

* 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.

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:

  • Scaled Net Operating Assets: N/A
  • GF Value™: MWK728.99 vs. price of MWK1,593.97 (118.7% 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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MWK1,593.97
Price
MWK728.99
GF Value