Malawian (MSE) Market Analysis & Valuation

Market Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 03 Apr 2026	MK 30.7t	MK 4.4t	MK 1.1t	27.2x	27.4x	7x
Sun, 01 Mar 2026	MK 26.7t	MK 4.1t	MK 1.0t	23.7x	26.7x	6.5x
Tue, 27 Jan 2026	MK 27.6t	MK 4.1t	MK 1.0t	23.8x	27.6x	6.7x
Thu, 25 Dec 2025	MK 28.3t	MK 4.0t	MK 960.2b	22.3x	29.5x	7x
Sat, 22 Nov 2025	MK 29.8t	MK 3.9t	MK 905.6b	27.2x	32.9x	7.7x
Mon, 20 Oct 2025	MK 26.2t	MK 3.9t	MK 905.6b	28.2x	29x	6.8x
Wed, 17 Sep 2025	MK 24.2t	MK 3.7t	MK 874.8b	25.6x	27.6x	6.5x
Fri, 15 Aug 2025	MK 20.0t	MK 3.3t	MK 741.3b	28.9x	27x	6x
Sun, 13 Jul 2025	MK 18.8t	MK 3.3t	MK 708.9b	27.9x	26.5x	5.8x
Tue, 10 Jun 2025	MK 15.0t	MK 3.1t	MK 658.8b	18.7x	22.7x	4.8x
Thu, 08 May 2025	MK 15.5t	MK 2.9t	MK 558.9b	21.6x	27.8x	5.3x
Sat, 05 Apr 2025	MK 15.7t	MK 2.8t	MK 512.8b	22.3x	30.6x	5.7x
Mon, 03 Mar 2025	MK 15.3t	MK 2.7t	MK 472.0b	22.2x	32.4x	5.7x
Wed, 29 Jan 2025	MK 11.1t	MK 2.7t	MK 472.0b	17.8x	23.6x	4.1x
Fri, 27 Dec 2024	MK 9.1t	MK 2.7t	MK 472.0b	12.7x	19.3x	3.4x
Sun, 24 Nov 2024	MK 8.3t	MK 2.7t	MK 494.8b	9.9x	16.9x	3.1x
Tue, 22 Oct 2024	MK 7.7t	MK 2.7t	MK 494.8b	9.8x	15.6x	2.9x
Thu, 19 Sep 2024	MK 7.6t	MK 2.5t	MK 453.9b	13x	16.8x	3x
Sat, 17 Aug 2024	MK 7.4t	MK 2.4t	MK 439.0b	13x	16.9x	3.1x
Mon, 15 Jul 2024	MK 6.7t	MK 2.3t	MK 423.5b	11.3x	15.7x	2.8x
Wed, 12 Jun 2024	MK 6.3t	MK 2.3t	MK 397.8b	14.4x	15.8x	2.7x
Fri, 10 May 2024	MK 6.1t	MK 2.3t	MK 409.2b	13.8x	14.9x	2.6x
Sun, 07 Apr 2024	MK 6.1t	MK 2.2t	MK 451.6b	12.3x	13.5x	2.7x
Tue, 05 Mar 2024	MK 6.0t	MK 2.0t	MK 418.8b	12.3x	14.4x	3x
Thu, 01 Feb 2024	MK 6.2t	MK 2.0t	MK 418.8b	12.9x	14.8x	3.1x
Sat, 30 Dec 2023	MK 5.7t	MK 2.0t	MK 418.8b	14x	13.7x	2.9x
Mon, 27 Nov 2023	MK 6.0t	MK 1.9t	MK 381.2b	16.2x	15.8x	3.2x
Wed, 25 Oct 2023	MK 6.1t	MK 1.8t	MK 352.3b	16.2x	17.3x	3.4x
Fri, 22 Sep 2023	MK 6.4t	MK 1.7t	MK 331.1b	17.8x	19.3x	3.7x
Sun, 20 Aug 2023	MK 6.2t	MK 1.6t	MK 290.6b	19.8x	21.4x	3.8x
Tue, 18 Jul 2023	MK 5.9t	MK 1.3t	MK 253.4b	18.3x	23.3x	4.5x
Thu, 15 Jun 2023	MK 5.5t	MK 1.6t	MK 287.3b	13.7x	19.2x	3.5x
Sat, 13 May 2023	MK 5.2t	MK 1.5t	MK 276.8b	14.5x	18.7x	3.5x
Mon, 10 Apr 2023	MK 4.3t	MK 1.3t	MK 242.6b	15.1x	17.9x	3.3x

Current Market PE

Investors are optimistic on the Malawian market, and appear confident in strong long term growth rates.

The market is trading at a PE ratio of 27.4x which is higher than its 3-year average PE of 21.5x.

Past Earnings Growth

The earnings for Malawian listed companies have grown 67% per year over the last three years.
Revenues for these companies have grown 49% 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	-0.37%
Real Estate	0.044%
Consumer Staples	0.0017%
Consumer Discretionary	-0.0078%
Industrials	-0.073%
Telecom	-0.18%
Financials	-0.44%

Sector PE

Investors favour the Consumer Discretionary sector the most for future growth, which is trading above its 3-year average PE ratio of 25.1x.

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 6.7x.

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?

Company	Last Price	7D	1Y	Valuation	Sector
ICON ICON Properties	MK 15.97	0.06% +MK 66.8m	-11.0%	PE3.9x	Real Estate
ILLOVO Illovo Sugar (Malawi)	MK 2.95k	0.002% +MK 35.7m	64.6%	PE27.2x	Consumer Staples
SUNBIRD Sunbird Tourism	MK 2.25k	0.0009% +MK 5.2m	649.0%	PE52.2x	Consumer Discretionary

Company

Last Price

Valuation

Sector

ICON ICON Properties

MK 15.97

0.06%
+MK 66.8m

-11.0%

PE3.9x

Real Estate

ILLOVO Illovo Sugar (Malawi)

MK 2.95k