Largest Malawian (MSE) Stocks by Market Cap

Name: Financial Insights Based on S&P Global Market Intelligence
Creator: Simply Wall St Pty Ltd
License: https://www.spglobal.com/content/dam/spglobal/corporate/en/documents/secure/MI-FastTrack-Terms-and-Conditions-July-2023.pdf

UPDATED Jul 12, 2025

Discover large cap Malawian companies that are on the MSE. These companies are organised by Market Cap.

Company	Last Price	7D Return	1Y Return	Market Cap	Analysts Target	Valuation	Growth	Div Yield	Industry
FDHB FDH Bank	MK 458.61	31.0%	336.7%	MK 3.2t	n/a	PB32.5x	n/a	1.0%	Banks
NBM National Bank of Malawi	MK 6,500.02	4.8%	140.7%	MK 3.0t	n/a	PB11.3x	n/a	1.2%	Banks
FMBCH FMBcapital Holdings	MK 1,199.71	0.002%	217.5%	MK 2.9t	n/a	PB9x	n/a	0.9%	Banks
STANDARD Standard Bank	MK 12,000.01	0%	n/a	MK 2.8t	n/a	PB10.8x	n/a	1.3%	Banks
NBS NBS Bank	MK 700.00	0.03%	508.0%	MK 2.0t	n/a	PB18.2x	n/a	1.6%	Banks
AIRTEL Airtel Malawi	MK 127.41	0%	168.4%	MK 1.4t	n/a	PE32.8x	n/a	1.6%	Telecom
ILLOVO Illovo Sugar (Malawi)	MK 1,791.28	0.002%	32.2%	MK 1.3t	n/a	PE56.5x	n/a	0.3%	Food, Beverage & Tobacco
NICO NICO Holdings	MK 865.00	0%	334.1%	MK 902.2b	n/a	PE12.5x	n/a	1.2%	Insurance
PCL Press	MK 5,100.00	0%	104.0%	MK 613.3b	n/a	PE9.5x	n/a	0%	Capital Goods
TNM Telekom Networks Malawi	MK 34.50	17.7%	109.1%	MK 346.4b	n/a	PE34.5x	n/a	0%	Telecom
ICON ICON Properties	MK 17.93	0.06%	12.8%	MK 119.8b	n/a	PE4.9x	n/a	1.6%	Real Estate Management and Development
SUNBIRD Sunbird Tourism	MK 350.01	0%	n/a	MK 91.6b	n/a	PE8.6x	n/a	2.3%	Consumer Services
MPICO MPICO	MK 19.25	1.2%	28.2%	MK 44.2b	n/a	PE5.2x	n/a	2.2%	Real Estate Management and Development
BHL Blantyre Hotels	MK 14.55	0%	n/a	MK 12.2b	n/a	PS2x	n/a	0%	Consumer Services