Seylan Developments（CSD.N0000）株式概要Seylan Developments PLCは、スリランカで不動産の開発、管理、運営を行っている。 詳細CSD.N0000 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績1/6財務の健全性4/6配当金4/6報酬株価収益率（ 12.9 x）は、 Real Estate業界平均（ 16.5 x）を下回っています。リスク分析4.3%の配当はフリーキャッシュフローで十分にカバーされていない 意味のある収益がありません ( LKR427M )意味のある時価総額がありません ( LKR4B )財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るCSD.N0000 Community Fair Values Create NarrativeSee what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueLK₨Current PriceLK₨27.90161.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0504m2016201920222025202620282031Revenue LK₨503.6mEarnings LK₨356.6mAdvancedSet Fair ValueView all narrativesSeylan Developments PLC 競合他社Cargo Boat DevelopmentSymbol: COSE:CABO.N0000Market cap: LK₨3.9bOn'ally HoldingsSymbol: COSE:ONAL.N0000Market cap: LK₨4.4bEquity TwoSymbol: COSE:ETWO.N0000Market cap: LK₨2.1bLanka Realty InvestmentsSymbol: COSE:ASCO.N0000Market cap: LK₨10.4b価格と性能株価の高値、安値、推移の概要Seylan Developments過去の株価現在の株価LK₨27.9052週高値LK₨35.2052週安値LK₨21.10ベータ0.231ヶ月の変化1.09%3ヶ月変化-6.06%1年変化30.99%3年間の変化144.74%5年間の変化99.29%IPOからの変化713.09%最新ニュースReported Earnings • Apr 28First quarter 2026 earnings released: EPS: LK₨0.36 (vs LK₨0.40 in 1Q 2025)First quarter 2026 results: EPS: LK₨0.36 (down from LK₨0.40 in 1Q 2025). Revenue: LK₨101.5m (up 11% from 1Q 2025). Net income: LK₨50.2m (down 9.2% from 1Q 2025). Profit margin: 49% (down from 60% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 26Upcoming dividend of LK₨1.20 per shareEligible shareholders must have bought the stock before 02 April 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 55% and the cash payout ratio is 92%. Trailing yield: 4.6%. Within top quartile of Sri Lankan dividend payers (4.5%). Higher than average of industry peers (2.6%).New Risk • Mar 12New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 92% Dividend yield: 4.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨417m revenue, or US$1.3m). Market cap is less than US$100m (LK₨4.08b market cap, or US$13.1m).Reported Earnings • Mar 10Full year 2025 earnings released: EPS: LK₨2.20 (vs LK₨2.48 in FY 2024)Full year 2025 results: EPS: LK₨2.20 (down from LK₨2.48 in FY 2024). Revenue: LK₨416.7m (up 2.9% from FY 2024). Net income: LK₨307.2m (down 12% from FY 2024). Profit margin: 74% (down from 87% in FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Feb 26Dividend increased to LK₨1.20Dividend of LK₨1.20 is 9.1% higher than last year. Ex-date: 2nd April 2026 Payment date: 24th April 2026 Dividend yield will be 4.0%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Feb 25+ 1 more updateSeylan Developments PLC announces Annual dividend, payable on April 24, 2026Seylan Developments PLC announced Annual dividend of LKR 1.2000 per share payable on April 24, 2026, ex-date on April 02, 2026 and record date on April 06, 2026.最新情報をもっと見るRecent updatesReported Earnings • Apr 28First quarter 2026 earnings released: EPS: LK₨0.36 (vs LK₨0.40 in 1Q 2025)First quarter 2026 results: EPS: LK₨0.36 (down from LK₨0.40 in 1Q 2025). Revenue: LK₨101.5m (up 11% from 1Q 2025). Net income: LK₨50.2m (down 9.2% from 1Q 2025). Profit margin: 49% (down from 60% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 26Upcoming dividend of LK₨1.20 per shareEligible shareholders must have bought the stock before 02 April 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 55% and the cash payout ratio is 92%. Trailing yield: 4.6%. Within top quartile of Sri Lankan dividend payers (4.5%). Higher than average of industry peers (2.6%).New Risk • Mar 12New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 92% Dividend yield: 4.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨417m revenue, or US$1.3m). Market cap is less than US$100m (LK₨4.08b market cap, or US$13.1m).Reported Earnings • Mar 10Full year 2025 earnings released: EPS: LK₨2.20 (vs LK₨2.48 in FY 2024)Full year 2025 results: EPS: LK₨2.20 (down from LK₨2.48 in FY 2024). Revenue: LK₨416.7m (up 2.9% from FY 2024). Net income: LK₨307.2m (down 12% from FY 2024). Profit margin: 74% (down from 87% in FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Feb 26Dividend increased to LK₨1.20Dividend of LK₨1.20 is 9.1% higher than last year. Ex-date: 2nd April 2026 Payment date: 24th April 2026 Dividend yield will be 4.0%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Feb 25+ 1 more updateSeylan Developments PLC announces Annual dividend, payable on April 24, 2026Seylan Developments PLC announced Annual dividend of LKR 1.2000 per share payable on April 24, 2026, ex-date on April 02, 2026 and record date on April 06, 2026.Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to LK₨30.00, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 10x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 199% over the past three years.Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to LK₨25.50, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 8x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 139% over the past three years.New Risk • May 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨2.99b market cap, or US$9.99m). Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨395m revenue, or US$1.3m).Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: LK₨0.40 (vs LK₨0.39 in 1Q 2024)First quarter 2025 results: EPS: LK₨0.40. Revenue: LK₨91.7m (down 10% from 1Q 2024). Net income: LK₨55.3m (down 3.4% from 1Q 2024). Profit margin: 60% (up from 56% in 1Q 2024).Upcoming Dividend • Mar 25Upcoming dividend of LK₨1.10 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 23 April 2025. Payout ratio is a comfortable 44% and the cash payout ratio is 93%. Trailing yield: 5.0%. Lower than top quartile of Sri Lankan dividend payers (5.8%). In line with average of industry peers (5.1%).New Risk • Mar 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: LK₨2.95b (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨2.95b market cap, or US$9.94m). Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨405m revenue, or US$1.4m).Board Change • Mar 11High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman of Board Ramesh Jayasekara is the most experienced director on the board, commencing their role in 2012. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 06Seylan Developments PLC, Annual General Meeting, Mar 28, 2025Seylan Developments PLC, Annual General Meeting, Mar 28, 2025, at 14:00 Sri Lanka Standard Time. Location: orchid hall, block no. 02, bandaranaike memorial international conference hal, bauddhaloka mawatha, colombo 07, Sri LankaNew Risk • Mar 05New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 93% Dividend yield: 5.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨405m revenue, or US$1.4m). Market cap is less than US$100m (LK₨3.02b market cap, or US$10.2m).Reported Earnings • Feb 26Full year 2024 earnings released: EPS: LK₨2.48 (vs LK₨2.39 in FY 2023)Full year 2024 results: EPS: LK₨2.48. Revenue: LK₨404.8m (up 2.8% from FY 2023). Net income: LK₨350.8m (flat on FY 2023). Profit margin: 87% (down from 90% in FY 2023).お知らせ • Feb 26Seylan Developments PLC announces Annual dividend, payable on April 23, 2025Seylan Developments PLC announced Annual dividend of LKR 1.1000 per share payable on April 23, 2025, ex-date on April 01, 2025 and record date on April 02, 2025.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to LK₨23.70, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 7x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 69% over the past three years.Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to LK₨20.00, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 6x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 53% over the past three years.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: LK₨0.41 (vs LK₨0.45 in 3Q 2023)Third quarter 2024 results: EPS: LK₨0.41 (down from LK₨0.45 in 3Q 2023). Revenue: LK₨101.9m (up 4.7% from 3Q 2023). Net income: LK₨57.0m (down 14% from 3Q 2023). Profit margin: 56% (down from 68% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: LK₨0.44 (vs LK₨0.42 in 2Q 2023)Second quarter 2024 results: EPS: LK₨0.44. Revenue: LK₨102.4m (up 1.8% from 2Q 2023). Net income: LK₨61.8m (down 1.0% from 2Q 2023). Profit margin: 60% (down from 62% in 2Q 2023).Upcoming Dividend • Jun 24Upcoming dividend of LK₨1.00 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 43% and the cash payout ratio is 93%. Trailing yield: 5.6%. Lower than top quartile of Sri Lankan dividend payers (7.8%). Lower than average of industry peers (6.4%).お知らせ • May 19Seylan Developments PLC, Annual General Meeting, Jun 28, 2024Seylan Developments PLC, Annual General Meeting, Jun 28, 2024.Reported Earnings • May 02First quarter 2024 earnings released: EPS: LK₨0.39 (vs LK₨0.46 in 1Q 2023)First quarter 2024 results: EPS: LK₨0.39 (down from LK₨0.46 in 1Q 2023). Revenue: LK₨101.9m (down 1.1% from 1Q 2023). Net income: LK₨57.2m (down 15% from 1Q 2023). Profit margin: 56% (down from 66% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨2.30b market cap, or US$7.69m). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨394m revenue, or US$1.3m).Reported Earnings • Feb 23Full year 2023 earnings released: EPS: LK₨2.39 (vs LK₨1.62 in FY 2022)Full year 2023 results: EPS: LK₨2.39 (up from LK₨1.62 in FY 2022). Revenue: LK₨393.8m (flat on FY 2022). Net income: LK₨353.8m (up 48% from FY 2022). Profit margin: 90% (up from 61% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Oct 28Third quarter 2023 earnings released: EPS: LK₨0.45 (vs LK₨0.44 in 3Q 2022)Third quarter 2023 results: EPS: LK₨0.45 (up from LK₨0.44 in 3Q 2022). Revenue: LK₨97.2m (down 3.2% from 3Q 2022). Net income: LK₨66.0m (flat on 3Q 2022). Profit margin: 68% (up from 65% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.New Risk • Oct 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨2.00b market cap, or US$6.15m). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨394m revenue, or US$1.2m).Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: LK₨0.42 (vs LK₨0.50 in 2Q 2022)Second quarter 2023 results: EPS: LK₨0.42 (down from LK₨0.50 in 2Q 2022). Revenue: LK₨100.6m (down 4.5% from 2Q 2022). Net income: LK₨62.5m (down 15% from 2Q 2022). Profit margin: 62% (down from 70% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: LK₨0.46 (vs LK₨0.44 in 1Q 2022)First quarter 2023 results: EPS: LK₨0.46 (up from LK₨0.44 in 1Q 2022). Revenue: LK₨103.0m (up 5.0% from 1Q 2022). Net income: LK₨67.6m (up 3.4% from 1Q 2022). Profit margin: 66% (down from 67% in 1Q 2022).Upcoming Dividend • Mar 24Upcoming dividend of LK₨1.20 per share at 8.6% yieldEligible shareholders must have bought the stock before 31 March 2023. Payment date: 26 April 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 8.6%. Within top quartile of Sri Lankan dividend payers (8.0%). Higher than average of industry peers (7.3%).Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Lead Independent Director Sunil De Silva was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: LK₨1.61 (vs LK₨2.37 in FY 2021)Full year 2022 results: EPS: LK₨1.61 (down from LK₨2.37 in FY 2021). Revenue: LK₨393.8m (up 13% from FY 2021). Net income: LK₨239.0m (down 32% from FY 2021). Profit margin: 61% (down from 100% in FY 2021). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: LK₨0.44 (vs LK₨0.38 in 3Q 2021)Third quarter 2022 results: EPS: LK₨0.44 (up from LK₨0.38 in 3Q 2021). Revenue: LK₨100.4m (up 17% from 3Q 2021). Net income: LK₨65.5m (up 16% from 3Q 2021). Profit margin: 65% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to LK₨15.30, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 7x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 90% over the past three years.Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: LK₨0.50 (vs LK₨0.38 in 2Q 2021)Second quarter 2022 results: EPS: LK₨0.50 (up from LK₨0.38 in 2Q 2021). Revenue: LK₨105.4m (up 22% from 2Q 2021). Net income: LK₨73.6m (up 30% from 2Q 2021). Profit margin: 70% (up from 66% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to LK₨13.40, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 7x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 64% over the past three years.Buying Opportunity • Jul 24Now 20% undervaluedOver the last 90 days, the stock is up 4.3%. The fair value is estimated to be LK₨15.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 16%.Buying Opportunity • Jul 05Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be LK₨15.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 16%.Buying Opportunity • Jun 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be LK₨15.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 16%.Reported Earnings • May 06First quarter 2022 earnings released: EPS: LK₨0.44 (vs LK₨1.08 in 1Q 2021)First quarter 2022 results: EPS: LK₨0.44 (down from LK₨1.08 in 1Q 2021). Revenue: LK₨98.1m (up 7.3% from 1Q 2021). Net income: LK₨65.4m (down 59% from 1Q 2021). Profit margin: 67% (down from 175% in 1Q 2021). The decrease in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to LK₨15.10, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 12x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 96% over the past three years.Upcoming Dividend • Mar 24Upcoming dividend of LK₨1.40 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 25 April 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 7.7%. Within top quartile of Sri Lankan dividend payers (6.4%). Higher than average of industry peers (4.8%).Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: LK₨2.37 (up from LK₨1.76 in FY 2020). Revenue: LK₨362.0m (up 7.3% from FY 2020). Net income: LK₨350.8m (up 35% from FY 2020). Profit margin: 97% (up from 77% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to LK₨21.30, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 13x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 145% over the past three years.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to LK₨18.70, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 12x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 133% over the past three years.Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS LK₨0.38 (vs LK₨0.41 in 3Q 2020)Third quarter 2021 results: Net income: LK₨56.4m (down 6.6% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improved over the past weekAfter last week's 22% share price gain to LK₨19.40, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 12x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 131% over the past three years.Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS LK₨0.38 (vs LK₨0.38 in 2Q 2020)Second quarter 2021 results: Net income: LK₨56.8m (up 1.0% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.Reported Earnings • May 03First quarter 2021 earnings released: EPS LK₨1.08 (vs LK₨0.30 in 1Q 2020)First quarter 2021 results: Net income: LK₨159.6m (up 261% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.Upcoming Dividend • Mar 24Upcoming dividend of LK₨1.20 per shareEligible shareholders must have bought the stock before 31 March 2021. Payment date: 23 April 2021. Trailing yield: 7.4%. Within top quartile of Sri Lankan dividend payers (4.9%). Higher than average of industry peers (4.3%).お知らせ • Mar 06Seylan Developments PLC, Annual General Meeting, Mar 30, 2021Seylan Developments PLC, Annual General Meeting, Mar 30, 2021, at 14:30 Sri Lanka Standard Time.Reported Earnings • Feb 28Full year 2020 earnings released: EPS LK₨1.76 (vs LK₨1.30 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: LK₨375.3m (up 27% from FY 2019). Net income: LK₨260.2m (up 35% from FY 2019). Profit margin: 69% (up from 65% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 25New 90-day high: LK₨17.50The company is up 47% from its price of LK₨11.90 on 27 October 2020. The Sri Lankan market is up 50% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 21% over the same period.Is New 90 Day High Low • Jan 04New 90-day high: LK₨15.30The company is up 32% from its price of LK₨11.60 on 06 October 2020. The Sri Lankan market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 7.0% over the same period.Is New 90 Day High Low • Dec 04New 90-day high: LK₨14.50The company is up 29% from its price of LK₨11.20 on 04 September 2020. The Sri Lankan market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 8.0% over the same period.Is New 90 Day High Low • Nov 04New 90-day high: LK₨13.70The company is up 22% from its price of LK₨11.20 on 06 August 2020. The Sri Lankan market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is flat over the same period.Valuation Update With 7 Day Price Move • Nov 04Market bids up stock over the past weekAfter last week's 16% share price gain to LK₨13.70, the stock is trading at a trailing P/E ratio of 8.9x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 11x in the Real Estate industry in Sri Lanka. Total returns to shareholders over the past three years are 30%.Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of LK₨227.6m, down 8.6% from the prior year. Total revenue was LK₨325.8m over the last 12 months, up 7.2% from the prior year.株主還元CSD.N0000LK Real EstateLK 市場7D-2.4%-9.1%-4.6%1Y31.0%150.4%31.7%株主還元を見る業界別リターン: CSD.N0000過去 1 年間で150.4 % の収益を上げたLK Real Estate業界を下回りました。リターン対市場: CSD.N0000は、過去 1 年間で31.7 % のリターンをもたらしたLKマーケットと一致しました。価格変動Is CSD.N0000's price volatile compared to industry and market?CSD.N0000 volatilityCSD.N0000 Average Weekly Movement6.0%Real Estate Industry Average Movement8.7%Market Average Movement6.2%10% most volatile stocks in LK Market10.0%10% least volatile stocks in LK Market4.1%安定した株価: CSD.N0000 、 LK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: CSD.N0000の 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト199218Anuja Ratnaayakewww.seylandevelopments.comSeylan Developments PLC は、スリランカで不動産物件の開発、管理、運営を行っている。商業スペースと住宅アパートを賃貸している。以前はCeylinco Seylan Developments PLCとして知られていたが、2009年9月にSeylan Developments PLCに社名変更。同社は1992年に法人化され、スリランカのコロンボを拠点としている。Seylan Developments PLCはSeylan Bank PLCの子会社である。もっと見るSeylan Developments PLC 基礎のまとめSeylan Developments の収益と売上を時価総額と比較するとどうか。CSD.N0000 基礎統計学時価総額LK₨3.90b収益（TTM）LK₨302.06m売上高(TTM)LK₨426.52m12.9xPER（株価収益率9.1xP/SレシオCSD.N0000 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CSD.N0000 損益計算書（TTM）収益LK₨426.52m売上原価LK₨88.53m売上総利益LK₨337.98mその他の費用LK₨35.93m収益LK₨302.06m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.16グロス・マージン79.24%純利益率70.82%有利子負債／自己資本比率0%CSD.N0000 の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.3%現在の配当利回り56%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 21:09終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Seylan Developments PLC 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Apr 28First quarter 2026 earnings released: EPS: LK₨0.36 (vs LK₨0.40 in 1Q 2025)First quarter 2026 results: EPS: LK₨0.36 (down from LK₨0.40 in 1Q 2025). Revenue: LK₨101.5m (up 11% from 1Q 2025). Net income: LK₨50.2m (down 9.2% from 1Q 2025). Profit margin: 49% (down from 60% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 26Upcoming dividend of LK₨1.20 per shareEligible shareholders must have bought the stock before 02 April 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 55% and the cash payout ratio is 92%. Trailing yield: 4.6%. Within top quartile of Sri Lankan dividend payers (4.5%). Higher than average of industry peers (2.6%).
New Risk • Mar 12New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 92% Dividend yield: 4.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨417m revenue, or US$1.3m). Market cap is less than US$100m (LK₨4.08b market cap, or US$13.1m).
Reported Earnings • Mar 10Full year 2025 earnings released: EPS: LK₨2.20 (vs LK₨2.48 in FY 2024)Full year 2025 results: EPS: LK₨2.20 (down from LK₨2.48 in FY 2024). Revenue: LK₨416.7m (up 2.9% from FY 2024). Net income: LK₨307.2m (down 12% from FY 2024). Profit margin: 74% (down from 87% in FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Feb 26Dividend increased to LK₨1.20Dividend of LK₨1.20 is 9.1% higher than last year. Ex-date: 2nd April 2026 Payment date: 24th April 2026 Dividend yield will be 4.0%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 25+ 1 more updateSeylan Developments PLC announces Annual dividend, payable on April 24, 2026Seylan Developments PLC announced Annual dividend of LKR 1.2000 per share payable on April 24, 2026, ex-date on April 02, 2026 and record date on April 06, 2026.
Reported Earnings • Apr 28First quarter 2026 earnings released: EPS: LK₨0.36 (vs LK₨0.40 in 1Q 2025)First quarter 2026 results: EPS: LK₨0.36 (down from LK₨0.40 in 1Q 2025). Revenue: LK₨101.5m (up 11% from 1Q 2025). Net income: LK₨50.2m (down 9.2% from 1Q 2025). Profit margin: 49% (down from 60% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 26Upcoming dividend of LK₨1.20 per shareEligible shareholders must have bought the stock before 02 April 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 55% and the cash payout ratio is 92%. Trailing yield: 4.6%. Within top quartile of Sri Lankan dividend payers (4.5%). Higher than average of industry peers (2.6%).
New Risk • Mar 12New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 92% Dividend yield: 4.2% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨417m revenue, or US$1.3m). Market cap is less than US$100m (LK₨4.08b market cap, or US$13.1m).
Reported Earnings • Mar 10Full year 2025 earnings released: EPS: LK₨2.20 (vs LK₨2.48 in FY 2024)Full year 2025 results: EPS: LK₨2.20 (down from LK₨2.48 in FY 2024). Revenue: LK₨416.7m (up 2.9% from FY 2024). Net income: LK₨307.2m (down 12% from FY 2024). Profit margin: 74% (down from 87% in FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Feb 26Dividend increased to LK₨1.20Dividend of LK₨1.20 is 9.1% higher than last year. Ex-date: 2nd April 2026 Payment date: 24th April 2026 Dividend yield will be 4.0%, which is lower than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (43% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 8.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 25+ 1 more updateSeylan Developments PLC announces Annual dividend, payable on April 24, 2026Seylan Developments PLC announced Annual dividend of LKR 1.2000 per share payable on April 24, 2026, ex-date on April 02, 2026 and record date on April 06, 2026.
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to LK₨30.00, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 10x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 199% over the past three years.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 18%After last week's 18% share price gain to LK₨25.50, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 8x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 139% over the past three years.
New Risk • May 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨2.99b market cap, or US$9.99m). Minor Risks Dividend is not well covered by cash flows (98% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨395m revenue, or US$1.3m).
Reported Earnings • Apr 26First quarter 2025 earnings released: EPS: LK₨0.40 (vs LK₨0.39 in 1Q 2024)First quarter 2025 results: EPS: LK₨0.40. Revenue: LK₨91.7m (down 10% from 1Q 2024). Net income: LK₨55.3m (down 3.4% from 1Q 2024). Profit margin: 60% (up from 56% in 1Q 2024).
Upcoming Dividend • Mar 25Upcoming dividend of LK₨1.10 per shareEligible shareholders must have bought the stock before 01 April 2025. Payment date: 23 April 2025. Payout ratio is a comfortable 44% and the cash payout ratio is 93%. Trailing yield: 5.0%. Lower than top quartile of Sri Lankan dividend payers (5.8%). In line with average of industry peers (5.1%).
New Risk • Mar 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: LK₨2.95b (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨2.95b market cap, or US$9.94m). Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨405m revenue, or US$1.4m).
Board Change • Mar 11High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Chairman of Board Ramesh Jayasekara is the most experienced director on the board, commencing their role in 2012. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 06Seylan Developments PLC, Annual General Meeting, Mar 28, 2025Seylan Developments PLC, Annual General Meeting, Mar 28, 2025, at 14:00 Sri Lanka Standard Time. Location: orchid hall, block no. 02, bandaranaike memorial international conference hal, bauddhaloka mawatha, colombo 07, Sri Lanka
New Risk • Mar 05New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 93% Dividend yield: 5.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨405m revenue, or US$1.4m). Market cap is less than US$100m (LK₨3.02b market cap, or US$10.2m).
Reported Earnings • Feb 26Full year 2024 earnings released: EPS: LK₨2.48 (vs LK₨2.39 in FY 2023)Full year 2024 results: EPS: LK₨2.48. Revenue: LK₨404.8m (up 2.8% from FY 2023). Net income: LK₨350.8m (flat on FY 2023). Profit margin: 87% (down from 90% in FY 2023).
お知らせ • Feb 26Seylan Developments PLC announces Annual dividend, payable on April 23, 2025Seylan Developments PLC announced Annual dividend of LKR 1.1000 per share payable on April 23, 2025, ex-date on April 01, 2025 and record date on April 02, 2025.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to LK₨23.70, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 7x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 69% over the past three years.
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to LK₨20.00, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 6x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 53% over the past three years.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: LK₨0.41 (vs LK₨0.45 in 3Q 2023)Third quarter 2024 results: EPS: LK₨0.41 (down from LK₨0.45 in 3Q 2023). Revenue: LK₨101.9m (up 4.7% from 3Q 2023). Net income: LK₨57.0m (down 14% from 3Q 2023). Profit margin: 56% (down from 68% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has remained flat.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: LK₨0.44 (vs LK₨0.42 in 2Q 2023)Second quarter 2024 results: EPS: LK₨0.44. Revenue: LK₨102.4m (up 1.8% from 2Q 2023). Net income: LK₨61.8m (down 1.0% from 2Q 2023). Profit margin: 60% (down from 62% in 2Q 2023).
Upcoming Dividend • Jun 24Upcoming dividend of LK₨1.00 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 43% and the cash payout ratio is 93%. Trailing yield: 5.6%. Lower than top quartile of Sri Lankan dividend payers (7.8%). Lower than average of industry peers (6.4%).
お知らせ • May 19Seylan Developments PLC, Annual General Meeting, Jun 28, 2024Seylan Developments PLC, Annual General Meeting, Jun 28, 2024.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: LK₨0.39 (vs LK₨0.46 in 1Q 2023)First quarter 2024 results: EPS: LK₨0.39 (down from LK₨0.46 in 1Q 2023). Revenue: LK₨101.9m (down 1.1% from 1Q 2023). Net income: LK₨57.2m (down 15% from 1Q 2023). Profit margin: 56% (down from 66% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
New Risk • Apr 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨2.30b market cap, or US$7.69m). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨394m revenue, or US$1.3m).
Reported Earnings • Feb 23Full year 2023 earnings released: EPS: LK₨2.39 (vs LK₨1.62 in FY 2022)Full year 2023 results: EPS: LK₨2.39 (up from LK₨1.62 in FY 2022). Revenue: LK₨393.8m (flat on FY 2022). Net income: LK₨353.8m (up 48% from FY 2022). Profit margin: 90% (up from 61% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Oct 28Third quarter 2023 earnings released: EPS: LK₨0.45 (vs LK₨0.44 in 3Q 2022)Third quarter 2023 results: EPS: LK₨0.45 (up from LK₨0.44 in 3Q 2022). Revenue: LK₨97.2m (down 3.2% from 3Q 2022). Net income: LK₨66.0m (flat on 3Q 2022). Profit margin: 68% (up from 65% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
New Risk • Oct 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨2.00b market cap, or US$6.15m). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨394m revenue, or US$1.2m).
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: LK₨0.42 (vs LK₨0.50 in 2Q 2022)Second quarter 2023 results: EPS: LK₨0.42 (down from LK₨0.50 in 2Q 2022). Revenue: LK₨100.6m (down 4.5% from 2Q 2022). Net income: LK₨62.5m (down 15% from 2Q 2022). Profit margin: 62% (down from 70% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: LK₨0.46 (vs LK₨0.44 in 1Q 2022)First quarter 2023 results: EPS: LK₨0.46 (up from LK₨0.44 in 1Q 2022). Revenue: LK₨103.0m (up 5.0% from 1Q 2022). Net income: LK₨67.6m (up 3.4% from 1Q 2022). Profit margin: 66% (down from 67% in 1Q 2022).
Upcoming Dividend • Mar 24Upcoming dividend of LK₨1.20 per share at 8.6% yieldEligible shareholders must have bought the stock before 31 March 2023. Payment date: 26 April 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 8.6%. Within top quartile of Sri Lankan dividend payers (8.0%). Higher than average of industry peers (7.3%).
Board Change • Mar 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Lead Independent Director Sunil De Silva was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: LK₨1.61 (vs LK₨2.37 in FY 2021)Full year 2022 results: EPS: LK₨1.61 (down from LK₨2.37 in FY 2021). Revenue: LK₨393.8m (up 13% from FY 2021). Net income: LK₨239.0m (down 32% from FY 2021). Profit margin: 61% (down from 100% in FY 2021). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 9% per year.
Reported Earnings • Nov 05Third quarter 2022 earnings released: EPS: LK₨0.44 (vs LK₨0.38 in 3Q 2021)Third quarter 2022 results: EPS: LK₨0.44 (up from LK₨0.38 in 3Q 2021). Revenue: LK₨100.4m (up 17% from 3Q 2021). Net income: LK₨65.5m (up 16% from 3Q 2021). Profit margin: 65% (in line with 3Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to LK₨15.30, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 7x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 90% over the past three years.
Reported Earnings • Aug 09Second quarter 2022 earnings released: EPS: LK₨0.50 (vs LK₨0.38 in 2Q 2021)Second quarter 2022 results: EPS: LK₨0.50 (up from LK₨0.38 in 2Q 2021). Revenue: LK₨105.4m (up 22% from 2Q 2021). Net income: LK₨73.6m (up 30% from 2Q 2021). Profit margin: 70% (up from 66% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to LK₨13.40, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 7x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 64% over the past three years.
Buying Opportunity • Jul 24Now 20% undervaluedOver the last 90 days, the stock is up 4.3%. The fair value is estimated to be LK₨15.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 16%.
Buying Opportunity • Jul 05Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be LK₨15.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 16%.
Buying Opportunity • Jun 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 32%. The fair value is estimated to be LK₨15.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 16%.
Reported Earnings • May 06First quarter 2022 earnings released: EPS: LK₨0.44 (vs LK₨1.08 in 1Q 2021)First quarter 2022 results: EPS: LK₨0.44 (down from LK₨1.08 in 1Q 2021). Revenue: LK₨98.1m (up 7.3% from 1Q 2021). Net income: LK₨65.4m (down 59% from 1Q 2021). Profit margin: 67% (down from 175% in 1Q 2021). The decrease in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to LK₨15.10, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 12x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 96% over the past three years.
Upcoming Dividend • Mar 24Upcoming dividend of LK₨1.40 per shareEligible shareholders must have bought the stock before 31 March 2022. Payment date: 25 April 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 7.7%. Within top quartile of Sri Lankan dividend payers (6.4%). Higher than average of industry peers (4.8%).
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: LK₨2.37 (up from LK₨1.76 in FY 2020). Revenue: LK₨362.0m (up 7.3% from FY 2020). Net income: LK₨350.8m (up 35% from FY 2020). Profit margin: 97% (up from 77% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 16% per year.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to LK₨21.30, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 13x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 145% over the past three years.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to LK₨18.70, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 12x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 133% over the past three years.
Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS LK₨0.38 (vs LK₨0.41 in 3Q 2020)Third quarter 2021 results: Net income: LK₨56.4m (down 6.6% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improved over the past weekAfter last week's 22% share price gain to LK₨19.40, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 12x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 131% over the past three years.
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS LK₨0.38 (vs LK₨0.38 in 2Q 2020)Second quarter 2021 results: Net income: LK₨56.8m (up 1.0% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.
Reported Earnings • May 03First quarter 2021 earnings released: EPS LK₨1.08 (vs LK₨0.30 in 1Q 2020)First quarter 2021 results: Net income: LK₨159.6m (up 261% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 3% per year.
Upcoming Dividend • Mar 24Upcoming dividend of LK₨1.20 per shareEligible shareholders must have bought the stock before 31 March 2021. Payment date: 23 April 2021. Trailing yield: 7.4%. Within top quartile of Sri Lankan dividend payers (4.9%). Higher than average of industry peers (4.3%).
お知らせ • Mar 06Seylan Developments PLC, Annual General Meeting, Mar 30, 2021Seylan Developments PLC, Annual General Meeting, Mar 30, 2021, at 14:30 Sri Lanka Standard Time.
Reported Earnings • Feb 28Full year 2020 earnings released: EPS LK₨1.76 (vs LK₨1.30 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: LK₨375.3m (up 27% from FY 2019). Net income: LK₨260.2m (up 35% from FY 2019). Profit margin: 69% (up from 65% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 25New 90-day high: LK₨17.50The company is up 47% from its price of LK₨11.90 on 27 October 2020. The Sri Lankan market is up 50% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 21% over the same period.
Is New 90 Day High Low • Jan 04New 90-day high: LK₨15.30The company is up 32% from its price of LK₨11.60 on 06 October 2020. The Sri Lankan market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Dec 04New 90-day high: LK₨14.50The company is up 29% from its price of LK₨11.20 on 04 September 2020. The Sri Lankan market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 8.0% over the same period.
Is New 90 Day High Low • Nov 04New 90-day high: LK₨13.70The company is up 22% from its price of LK₨11.20 on 06 August 2020. The Sri Lankan market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is flat over the same period.
Valuation Update With 7 Day Price Move • Nov 04Market bids up stock over the past weekAfter last week's 16% share price gain to LK₨13.70, the stock is trading at a trailing P/E ratio of 8.9x, up from the previous P/E ratio of 7.6x. This compares to an average P/E of 11x in the Real Estate industry in Sri Lanka. Total returns to shareholders over the past three years are 30%.
Reported Earnings • Oct 30Third quarter earnings releasedOver the last 12 months the company has reported total profits of LK₨227.6m, down 8.6% from the prior year. Total revenue was LK₨325.8m over the last 12 months, up 7.2% from the prior year.
