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NICO Holdings Valuation Multiples
Discover revenue and EBITDA valuation multiples for NICO Holdings and similar public comparables like Access Hldgs, CR Crédit Agricole Normandie-Seine, Universal Insurance Holdings, MidWestOne Bank and more.
NICO Holdings Overview
About NICO Holdings
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.
Founded
1971
HQ

Employees
1.2K
Website
Financials (FY)
EV
$1B
NICO Holdings Financials
NICO Holdings reported last fiscal year revenue of $153M.
In the same fiscal year, NICO Holdings generated $12M in net income.
NICO Holdings P&L
In the most recent fiscal year, NICO Holdings reported revenue of $153M and net income of $12M.
NICO Holdings expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $153M | XXX | XXX | XXX |
| Net Profit | — | XXX | $12M | XXX | XXX | XXX |
| Net Margin | — | XXX | 8% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
NICO Holdings Stock Performance
NICO Holdings has current market cap of $1B, and enterprise value of $1B.
NICO Holdings' stock price is $0.98.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $1B | $1B | — | XXX | XXX | XXX | $0.01 |
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Start Free TrialNICO Holdings Valuation Multiples
NICO Holdings trades at 6.7x EV/Revenue multiple.
NICO Holdings Financial Valuation Multiples
As of March 29, 2026, NICO Holdings has market cap of $1B and EV of $1B.
Equity research analysts estimate NICO Holdings' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
NICO Holdings has a P/E ratio of 88.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV (current) | $1B | XXX | $1B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 6.7x | XXX | XXX | XXX |
| P/E | — | XXX | 88.6x | XXX | XXX | XXX |
| EV/FCF | — | XXX | (499.6x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified NICO Holdings Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


NICO Holdings Margins & Growth Rates
NICO Holdings' revenue in the last fiscal year grew by —.
NICO Holdings Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| G&A Expenses to Revenue | — | XXX | 19% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
NICO Holdings Public Comps
See public comps and valuation multiples for other Commercial Banking and Insurance Carriers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Access Hldgs | XXX | XXX | XXX | XXX | XXX | XXX |
| CR Crédit Agricole Normandie-Seine | XXX | XXX | XXX | XXX | XXX | XXX |
| Universal Insurance Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| MidWestOne Bank | XXX | XXX | XXX | XXX | XXX | XXX |
| Standard Chartered Bank Kenya | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
NICO Holdings M&A Activity
NICO Holdings acquired XXX companies to date.
Last acquisition by NICO Holdings was on XXXXXXXX, XXXXX. NICO Holdings acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by NICO Holdings
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialNICO Holdings Investment Activity
NICO Holdings invested in XXX companies to date.
NICO Holdings made its latest investment on XXXXXXXX, XXXXX. NICO Holdings invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by NICO Holdings
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout NICO Holdings
| When was NICO Holdings founded? | NICO Holdings was founded in 1971. |
| Where is NICO Holdings headquartered? | NICO Holdings is headquartered in Malawi. |
| How many employees does NICO Holdings have? | As of today, NICO Holdings has over 1K employees. |
| Is NICO Holdings publicly listed? | Yes, NICO Holdings is a public company listed on MSW. |
| What is the stock symbol of NICO Holdings? | NICO Holdings trades under NICO ticker. |
| Who are competitors of NICO Holdings? | NICO Holdings main competitors are Access Hldgs, CR Crédit Agricole Normandie-Seine, Universal Insurance Holdings, MidWestOne Bank. |
| What is the current market cap of NICO Holdings? | NICO Holdings' current market cap is $1B. |
| What is the current revenue of NICO Holdings? | NICO Holdings' last fiscal year revenue is $153M. |
| What is the current EV/Revenue multiple of NICO Holdings? | Current revenue multiple of NICO Holdings is 6.7x. |
| Is NICO Holdings profitable? | No, NICO Holdings is not profitable. |
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