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Malawian (MSE) Market Analysis & Valuation

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies14
  • 7D1.1%
  • 3M5.3%
  • 1Y13.4%
  • YTD7.5%

The market has climbed 1.1% in the last 7 days, lead by the Financials sector with a gain of 1.6%. As for the past 12 months, the market is up 13%.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024MK6.3tMK2.5tMK419.5b12x15x2.6x
Fri, 17 May 2024MK6.1tMK2.3tMK409.2b13.8x14.8x2.6x
Sun, 14 Apr 2024MK6.2tMK2.2tMK451.6b12.3x13.7x2.8x
Tue, 12 Mar 2024MK6.0tMK2.0tMK412.3b12.3x14.6x3.1x
Thu, 08 Feb 2024MK6.2tMK2.0tMK418.8b12.9x14.7x3.1x
Sat, 06 Jan 2024MK5.9tMK2.0tMK418.8b12.9x14.1x3x
Mon, 04 Dec 2023MK6.0tMK1.9tMK381.2b16.3x15.8x3.2x
Wed, 01 Nov 2023MK6.1tMK1.8tMK352.3b16.2x17.3x3.4x
Fri, 29 Sep 2023MK6.3tMK1.7tMK338.1b16.4x18.8x3.7x
Sun, 27 Aug 2023MK6.2tMK1.6tMK290.4b20.1x21.5x3.8x
Tue, 25 Jul 2023MK6.0tMK1.6tMK265.6b19.9x22.5x3.7x
Thu, 22 Jun 2023MK5.6tMK1.6tMK287.1b14.6x19.5x3.6x
Sat, 20 May 2023MK5.4tMK1.5tMK276.8b14.5x19.4x3.6x
Mon, 17 Apr 2023MK4.4tMK1.4tMK253.9b12.8x17.4x3.3x
Wed, 15 Mar 2023MK4.0tMK1.3tMK234.9b15.2x16.9x3x
Fri, 10 Feb 2023MK3.7tMK1.3tMK223.9b15.3x16.6x2.8x
Sun, 08 Jan 2023MK3.3tMK1.3tMK223.9b14.5x14.9x2.5x
Tue, 06 Dec 2022MK3.2tMK1.2tMK193.7b10.1x16.5x2.7x
Thu, 03 Nov 2022MK2.9tMK1.2tMK193.6b10.1x15.2x2.5x
Sat, 01 Oct 2022MK2.9tMK1.2tMK193.6b11.1x15x2.5x
Mon, 29 Aug 2022MK2.9tMK1.1tMK179.9b14.3x16.1x2.7x
Wed, 27 Jul 2022MK2.8tMK1.1tMK175.8b14.1x16x2.6x
Fri, 24 Jun 2022MK2.6tMK1.2tMK171.7b13.4x15.4x2.2x
Sun, 22 May 2022MK2.7tMK1.2tMK157.5b13.7x16.9x2.3x
Tue, 19 Apr 2022MK2.5tMK1.2tMK157.4b13x15.7x2.1x
Thu, 17 Mar 2022MK2.4tMK1.1tMK146.7b15.1x16.5x2.1x
Sat, 12 Feb 2022MK2.4tMK1.1tMK146.6b14.3x16.2x2.1x
Mon, 10 Jan 2022MK2.4tMK1.1tMK146.9b14.3x16.4x2.1x
Wed, 08 Dec 2021MK2.3tMK1.1tMK146.8b13.1x15.3x2x
Fri, 05 Nov 2021MK2.2tMK1.1tMK146.8b12.5x14.9x1.9x
Sun, 03 Oct 2021MK2.2tMK1.1tMK146.8b12.3x15.1x2x
Tue, 31 Aug 2021MK2.1tMK1.1tMK145.1b12.3x14.3x1.9x
Wed, 07 Jul 2021MK1.9tMK1.1tMK145.1b11.1x12.9x1.7x
Price to Earnings Ratio

12.9x


Total Market Cap: MK1.9tTotal Earnings: MK145.1bTotal Revenue: MK1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Malawian Market Price to Earnings3Y Average 16.2x202220232024
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 16.2x.
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 30% 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 Market1.06%
Financials1.57%
Telecom0.37%
Energy0%
Real Estate0%
Materials0%
Industrials0%
Consumer Discretionary0%
Consumer Staples0%
Healthcare0%
Tech0%
Utilities0%
Sector PE
  • Investors favour the Consumer Staples sector the most for future growth, which is trading close to its 3-year average PE ratio of 22.9x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
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
FDHB FDH BankMK85.0014.0%
+MK72.2b
32.9%PB10xFinancials
TNM Telekom Networks MalawiMK15.781.8%
+MK2.8b
-47.4%PS1.4xTelecom
See more
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Market Insights

Last week, we looked at some of the reasons the healthcare sector has underperformed over the last few years...

Latest News

TNM

MK15.78

Telekom Networks Malawi

7D

1.8%

1Y

-47.4%

FMBCH

MK377.98

FMBcapital Holdings

7D

-0.003%

1Y

72.8%

FDHB

MK85.00

FDH Bank

7D

14.0%

1Y

32.9%

STANDARD

MK3,950.34

Standard Bank

7D

-0.0003%

1Y

71.8%

AIRTEL

MK51.11

Airtel Malawi

7D

-0.02%

1Y

-48.9%

NICO

MK199.37

NICO Holdings

7D

-0.01%

1Y

22.3%

NBS

MK89.99

NBS Bank

7D

-0.01%

1Y

-21.7%