Header cover image

Malawian (MSE) Market Analysis & Valuation

UpdatedApr 27, 2024
DataAggregated Company Financials
Companies14
  • 7D-0.1%
  • 3M-0.3%
  • 1Y34.1%
  • YTD4.1%

In the last week, the market has been flat. More promisingly, the market is up 34% over the past year.

Market Valuation and Performance

Has the Malawian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 27 Apr 2024MK6.1tMK2.3tMK409.4b12.6x14.9x2.7x
Mon, 25 Mar 2024MK6.0tMK2.2tMK433.6b12.3x13.9x2.8x
Wed, 21 Feb 2024MK6.1tMK2.0tMK418.8b12.9x14.6x3.1x
Fri, 19 Jan 2024MK6.1tMK2.0tMK418.8b12.9x14.5x3.1x
Sun, 17 Dec 2023MK5.9tMK1.9tMK381.2b16.3x15.4x3.1x
Tue, 14 Nov 2023MK6.1tMK1.9tMK380.8b16.2x15.9x3.2x
Thu, 12 Oct 2023MK6.2tMK1.8tMK352.8b16.2x17.4x3.5x
Sat, 09 Sep 2023MK6.4tMK1.7tMK331.5b17.1x19.3x3.7x
Mon, 07 Aug 2023MK6.1tMK1.6tMK290.5b18.9x21x3.8x
Wed, 05 Jul 2023MK5.8tMK1.3tMK253.3b17.4x22.9x4.4x
Fri, 02 Jun 2023MK5.5tMK1.5tMK283.6b13.7x19.3x3.5x
Sun, 30 Apr 2023MK4.6tMK1.5tMK276.9b12.9x16.7x3.1x
Tue, 28 Mar 2023MK4.2tMK1.3tMK233.9b17.5x17.8x3.1x
Thu, 23 Feb 2023MK3.7tMK1.3tMK223.9b15.3x16.7x2.9x
Sat, 21 Jan 2023MK3.6tMK1.3tMK223.7b14.5x16x2.7x
Mon, 19 Dec 2022MK3.2tMK1.2tMK193.6b10.1x16.8x2.7x
Wed, 16 Nov 2022MK3.1tMK1.2tMK193.7b10.1x16.2x2.7x
Fri, 14 Oct 2022MK2.9tMK1.2tMK193.6b10.1x15x2.5x
Sun, 11 Sep 2022MK2.9tMK1.2tMK193.6b10.1x15x2.5x
Tue, 09 Aug 2022MK2.9tMK1.1tMK175.6b14.2x16.3x2.7x
Thu, 07 Jul 2022MK2.7tMK1.1tMK175.8b13.4x15.1x2.5x
Sat, 04 Jun 2022MK2.7tMK1.2tMK169.2b13x15.9x2.2x
Mon, 02 May 2022MK2.5tMK1.2tMK157.4b13x15.9x2.2x
Wed, 30 Mar 2022MK2.4tMK1.1tMK146.9b15.5x16.6x2.1x
Fri, 25 Feb 2022MK2.4tMK1.1tMK146.7b14.3x16.2x2.1x
Sun, 23 Jan 2022MK2.4tMK1.1tMK146.8b14.3x16.4x2.1x
Tue, 21 Dec 2021MK2.1tMK1.1tMK146.9b14.3x14x1.8x
Thu, 18 Nov 2021MK1.9tMK1.1tMK146.8b12.5x13.2x1.7x
Sat, 16 Oct 2021MK2.2tMK1.1tMK146.8b12.2x15x1.9x
Mon, 13 Sep 2021MK2.1tMK1.1tMK145.8b12.3x14.7x1.9x
Wed, 11 Aug 2021MK2.0tMK1.1tMK145.1b11.8x13.9x1.8x
Sun, 06 Jun 2021MK1.8tMK1.1tMK142.0b9.1x12.6x1.6x
Price to Earnings Ratio

12.4x


Total Market Cap: MK1.8tTotal Earnings: MK142.0bTotal Revenue: MK1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Malawian Market Price to Earnings3Y Average 16x202220232024
Current Market PE
  • Investors are relatively neutral on the Malawian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 16.0x.
Past Earnings Growth
  • The earnings for Malawian listed companies have grown 42% per year over the last three years.
  • Revenues for these companies have grown 27% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Malawian Market?

MW Market-0.11%
Telecom1.45%
Consumer Staples0.37%
Consumer Discretionary0.0042%
Energy0%
Real Estate0%
Materials0%
Industrials0%
Healthcare0%
Tech0%
Utilities0%
Financials-0.50%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 26.1x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading below its 3-year average of 13.9x.
Forecasted GrowthThere is insufficient data in this market to determine future earnings growth rates.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
AIRTEL Airtel MalawiMK51.011.7%
+MK9.4b
-36.3%PE398.2xTelecom
ILLOVO Illovo Sugar (Malawi)MK1.36k0.4%
+MK3.6b
59.4%PE17xConsumer Staples
TNM Telekom Networks MalawiMK12.100.3%
+MK401.6m
-32.6%PE340.3xTelecom
STANDARD Standard BankMK3.95k0.0008%
+MK7.0m
75.6%PB4.8xFinancials
NBM National Bank of MalawiMK2.40k0.0004%
+MK4.7m
20.0%PB5.4xFinancials
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Have you heard of Destiny Tech 100? It’s a recently listed fund that seems to have become an instant meme stock and caught some ETF investors off-guard...

Latest News

AIRTEL

MK51.01

Airtel Malawi

7D

1.7%

1Y

-36.3%

NBM

MK2,400.14

National Bank of Malawi

7D

0.0004%

1Y

20.0%

NBS

MK108.99

NBS Bank

7D

-0.8%

1Y

36.2%

TNM

MK12.10

Telekom Networks Malawi

7D

0.3%

1Y

-32.6%

NICO

MK199.50

NICO Holdings

7D

-0.04%

1Y

33.0%

FMBCH

MK404.38

FMBcapital Holdings

7D

-1.8%

1Y

148.1%

SUNBIRD

MK195.04

Sunbird Tourism

7D

0.005%

1Y

n/a

ILLOVO

MK1,355.16

Illovo Sugar (Malawi)

7D

0.4%

1Y

59.4%