Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Malawian (MSE) Market Analysis & Valuation

UpdatedOct 14, 2024
DataAggregated Company Financials
Companies14
  • 7D0.2%
  • 3M14.8%
  • 1Y25.2%
  • YTD30.0%

The market has been flat over the last week. More promisingly, the market is up 25% over the past year.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Oct 2024MK 7.7tMK 2.7tMK 495.4b9.8x15.5x2.9x
Thu, 12 Sep 2024MK 7.7tMK 2.4tMK 445.7b13x17.2x3.2x
Sat, 10 Aug 2024MK 7.1tMK 2.3tMK 423.5b13.1x16.9x3x
Mon, 08 Jul 2024MK 6.5tMK 2.3tMK 423.5b10.7x15.4x2.8x
Wed, 05 Jun 2024MK 6.2tMK 2.3tMK 409.2b14.4x15.1x2.7x
Fri, 03 May 2024MK 6.1tMK 2.3tMK 409.2b13.8x14.9x2.6x
Sun, 31 Mar 2024MK 6.1tMK 2.2tMK 433.6b12.3x14.1x2.8x
Tue, 27 Feb 2024MK 6.1tMK 2.0tMK 418.8b12.3x14.6x3.1x
Thu, 25 Jan 2024MK 6.2tMK 2.0tMK 418.8b12.9x14.7x3.1x
Sat, 23 Dec 2023MK 5.8tMK 1.9tMK 381.2b16.2x15.1x3.1x
Mon, 20 Nov 2023MK 6.1tMK 1.9tMK 380.8b16.2x15.9x3.2x
Wed, 18 Oct 2023MK 6.1tMK 1.8tMK 353.0b16.2x17.4x3.5x
Fri, 15 Sep 2023MK 6.4tMK 1.7tMK 331.5b17.7x19.3x3.7x
Sun, 13 Aug 2023MK 6.2tMK 1.6tMK 290.3b19.9x21.4x3.8x
Tue, 11 Jul 2023MK 5.7tMK 1.3tMK 253.3b17.8x22.7x4.4x
Thu, 08 Jun 2023MK 5.5tMK 1.6tMK 287.3b13.7x19.1x3.5x
Sat, 06 May 2023MK 4.8tMK 1.5tMK 276.8b13.9x17.3x3.2x
Mon, 03 Apr 2023MK 4.3tMK 1.3tMK 242.3b15.1x17.7x3.2x
Wed, 01 Mar 2023MK 3.8tMK 1.3tMK 223.7b15.3x16.8x2.9x
Fri, 27 Jan 2023MK 3.6tMK 1.3tMK 223.9b14.6x16.3x2.8x
Sun, 25 Dec 2022MK 3.3tMK 1.4tMK 220.3b12.9x14.9x2.4x
Tue, 22 Nov 2022MK 3.2tMK 1.2tMK 193.7b10.1x16.4x2.7x
Thu, 20 Oct 2022MK 2.9tMK 1.2tMK 193.6b10.1x15.1x2.5x
Sat, 17 Sep 2022MK 2.9tMK 1.2tMK 193.5b10.1x15x2.5x
Mon, 15 Aug 2022MK 2.9tMK 1.1tMK 175.7b14.3x16.3x2.7x
Wed, 13 Jul 2022MK 2.6tMK 1.1tMK 175.7b13.4x15x2.5x
Fri, 10 Jun 2022MK 2.7tMK 1.2tMK 171.1b13.4x15.7x2.2x
Sun, 08 May 2022MK 2.5tMK 1.2tMK 157.4b13x16.1x2.2x
Tue, 05 Apr 2022MK 2.4tMK 1.1tMK 149.3b14.9x16.4x2.1x
Thu, 03 Mar 2022MK 2.4tMK 1.1tMK 146.9b15.1x16.5x2.1x
Sat, 29 Jan 2022MK 2.4tMK 1.1tMK 146.9b14.3x16.1x2.1x
Mon, 27 Dec 2021MK 2.4tMK 1.1tMK 146.8b14.3x16.2x2.1x
Wed, 24 Nov 2021MK 2.2tMK 1.1tMK 146.9b12.5x15x1.9x
Fri, 22 Oct 2021MK 2.2tMK 1.1tMK 146.8b12.5x15x1.9x
Price to Earnings Ratio

15x


Total Market Cap: MK 2.2tTotal Earnings: MK 146.8bTotal Revenue: MK 1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Malawian Market Price to Earnings3Y Average 16.4x202220232024
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 16.4x.
Past Earnings Growth
  • The earnings for Malawian listed companies have grown 50% per year over the last three years.
  • Revenues for these companies have grown 33% 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 Market0.22%
Telecom2.12%
Financials0.023%
Energy0%
Materials0%
Consumer Discretionary0%
Healthcare0%
Tech0%
Utilities0%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Industrials-0.0004%
Consumer Staples-0.00077%
Real Estate-0.067%
Sector PE
  • Investors favour the Telecom sector the most for future growth, which is trading above its 3-year average PE ratio of 34.4x.
    • 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 13.3x.
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
TNM Telekom Networks MalawiMK 20.126.4%
+MK 12.1b		-32.5%PS1.7xTelecom
FDHB FDH BankMK 149.320.1%
+MK 1.2b		122.9%PB17.6xFinancials
AIRTEL Airtel MalawiMK 50.070.1%
+MK 550.0m		-49.9%PE123.6xTelecom
NICO NICO HoldingsMK 198.740.005%
+MK 10.4m		26.0%PE4.9xFinancials
NBM National Bank of MalawiMK 3.45k0.0006%
+MK 9.3m		64.2%PB6.8xFinancials
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
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

Header cover image

💵 Making Sense of the Financial Sector - Part 2

Richard Bowman avatar
Richard Bowman
|
|

5 comments

Last week’s newsletter was part 1 of an introduction to the financial sector, and specifically banks and companies in the capital markets space. This week we are having a look at...

Continue reading

🏦 Making Sense of the Financial Sector - Part 1
Last Week

🏦 Making Sense of the Financial Sector - Part 1

Latest News

PCL

MK 2,499.82

Press

7D

-0.0004%

1Y

-0.007%

ICON

MK 14.88

ICON Properties

7D

-0.07%

1Y

-17.3%

NICO

MK 198.74

NICO Holdings

7D

0.005%

1Y

26.0%

TNM

MK 20.12

Telekom Networks Malawi

7D

6.4%

1Y

-32.5%

NBM

MK 3,449.94

National Bank of Malawi

7D

0.0006%

1Y

64.2%

FDHB

MK 149.32

FDH Bank

7D

0.1%

1Y

122.9%

STANDARD

MK 5,335.10

Standard Bank

7D

0.0002%

1Y

77.8%

MPICO

MK 14.89

MPICO

7D

-0.07%

1Y

-0.7%

FMBCH

MK 398.65

FMBcapital Holdings

7D

-0.003%

1Y

20.8%

ILLOVO

MK 1,299.99

Illovo Sugar (Malawi)

7D

-0.0008%

1Y

15.9%

AIRTEL

MK 50.07

Airtel Malawi

7D

0.1%

1Y

-49.9%