Ceylon Tea Brokers（CTBL.N0000）株式概要セイロン・ティー・ブローカーズPLCは、スリランカで紅茶の仲介、倉庫保管、融資業務を行っている。 詳細CTBL.N0000 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績5/6財務の健全性4/6配当金4/6報酬当社が推定した公正価値より70%で取引されている 過去1年間で収益は829.8%増加しました リスク分析意味のある時価総額がありません ( LKR2B )利払いは収益で十分にカバーされない 意味のある収益がありません ( LKR2B )5.77%の配当は利益で十分にカバーされていない すべてのリスクチェックを見るCTBL.N0000 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW462,510 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA462,510 investors already sharing narrativesYour Fair ValueLK₨Current PriceLK₨10.4044.2% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-87m2b2016201920222025202620282031Revenue LK₨2.5bEarnings LK₨232.3mAdvancedSet Fair ValueView all narrativesCeylon Tea Brokers PLC 競合他社John KeellsSymbol: COSE:JKL.N0000Market cap: LK₨4.8bC. W. MackieSymbol: COSE:CWM.N0000Market cap: LK₨6.8bKapruka HoldingsSymbol: COSE:KPHL.N0000Market cap: LK₨3.1bBrüder MannesmannSymbol: DB:BMMMarket cap: €4.3m最新ニュースReported Earnings • May 28Full year 2026 earnings released: EPS: LK₨0.80 (vs LK₨0.10 loss in FY 2025)Full year 2026 results: EPS: LK₨0.80 (up from LK₨0.10 loss in FY 2025). Revenue: LK₨1.56b (up 14% from FY 2025). Net income: LK₨146.3m (up LK₨164.6m from FY 2025). Profit margin: 9.4% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.New Risk • Apr 06New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 135% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 135% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (LK₨1.93b market cap, or US$6.13m). Minor Risk Revenue is less than US$5m (LK₨1.4b revenue, or US$4.4m).Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to LK₨10.70, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 243% over the past three years.Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to LK₨13.10. The fair value is estimated to be LK₨10.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to LK₨12.20, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 301% over the past three years.Buy Or Sell Opportunity • Feb 17Now 32% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to LK₨13.90. The fair value is estimated to be LK₨10.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.最新情報をもっと見るRecent updatesReported Earnings • May 28Full year 2026 earnings released: EPS: LK₨0.80 (vs LK₨0.10 loss in FY 2025)Full year 2026 results: EPS: LK₨0.80 (up from LK₨0.10 loss in FY 2025). Revenue: LK₨1.56b (up 14% from FY 2025). Net income: LK₨146.3m (up LK₨164.6m from FY 2025). Profit margin: 9.4% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.New Risk • Apr 06New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 135% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 135% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (LK₨1.93b market cap, or US$6.13m). Minor Risk Revenue is less than US$5m (LK₨1.4b revenue, or US$4.4m).Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to LK₨10.70, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 243% over the past three years.Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to LK₨13.10. The fair value is estimated to be LK₨10.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to LK₨12.20, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 301% over the past three years.Buy Or Sell Opportunity • Feb 17Now 32% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to LK₨13.90. The fair value is estimated to be LK₨10.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.New Risk • Feb 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Sri Lankan stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$10m (LK₨2.19b market cap, or US$7.07m). Minor Risks Dividend is not well covered by earnings (206% payout ratio). Revenue is less than US$5m (LK₨1.4b revenue, or US$4.4m).Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 30%After last week's 30% share price gain to LK₨13.00, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 18x in the Retail Distributors industry in Asia. Total returns to shareholders of 298% over the past three years.Buy Or Sell Opportunity • Jan 27Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to LK₨10.90. The fair value is estimated to be LK₨8.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to LK₨10.30, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 223% over the past three years.Buy Or Sell Opportunity • Jan 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to LK₨10.20. The fair value is estimated to be LK₨8.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.Recent Insider Transactions • Nov 19Non-Executive Director recently sold LK₨12m worth of stockOn the 13th of November, Chrisantha Priyange Perera sold around 1m shares on-market at roughly LK₨8.85 per share. This transaction amounted to 79% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Nov 17Second quarter 2026 earnings released: EPS: LK₨0.26 (vs LK₨0.06 in 2Q 2025)Second quarter 2026 results: EPS: LK₨0.26 (up from LK₨0.06 in 2Q 2025). Revenue: LK₨391.2m (up 1.0% from 2Q 2025). Net income: LK₨46.8m (up 354% from 2Q 2025). Profit margin: 12% (up from 2.7% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.New Risk • Nov 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 8.0% 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 Risks Interest payments are not well covered by earnings (1.9x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 165% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (LK₨1.71b market cap, or US$5.64m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (LK₨1.5b revenue, or US$4.9m).Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 26%After last week's 26% share price gain to LK₨10.30, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 20x in the Retail Distributors industry in Asia. Total returns to shareholders of 197% over the past three years.Upcoming Dividend • Oct 28Upcoming dividend of LK₨0.60 per shareEligible shareholders must have bought the stock before 04 November 2025. Payment date: 24 November 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.9%. Within top quartile of Sri Lankan dividend payers (4.2%). Higher than average of industry peers (2.5%).お知らせ • Oct 25+ 1 more updateCeylon Tea Brokers PLC announces Annual dividend, payable on November 24, 2025Ceylon Tea Brokers PLC announced Annual dividend of LKR 0.6000 per share payable on November 24, 2025, ex-date on November 04, 2025 and record date on November 06, 2025.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to LK₨8.30, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 102% over the past three years.New Risk • Aug 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 30x earnings per share. The company is paying a dividend despite having no free cash flows. Dividend yield: 6.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 30x earnings per share. Paying a dividend despite having no free cash flows. Market cap is less than US$10m (LK₨1.33b market cap, or US$4.43m). Minor Risk Revenue is less than US$5m (LK₨1.5b revenue, or US$5.0m).Reported Earnings • Jun 02Full year 2025 earnings released: EPS: LK₨0.21 (vs LK₨0.38 in FY 2024)Full year 2025 results: EPS: LK₨0.21 (down from LK₨0.38 in FY 2024). Revenue: LK₨1.51b (down 8.6% from FY 2024). Net income: LK₨38.2m (down 45% from FY 2024). Profit margin: 2.5% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.New Risk • Mar 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Sri Lankan stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$10m (LK₨1.20b market cap, or US$4.06m). Minor Risks Dividend is not well covered by earnings (dividend per share is over 30x earnings per share). Profit margins are more than 30% lower than last year (0.2% net profit margin). Revenue is less than US$5m (LK₨1.5b revenue, or US$4.9m).Reported Earnings • Feb 16Third quarter 2025 earnings released: LK₨0.002 loss per share (vs LK₨0.10 profit in 3Q 2024)Third quarter 2025 results: LK₨0.002 loss per share (down from LK₨0.10 profit in 3Q 2024). Revenue: LK₨372.2m (down 15% from 3Q 2024). Net loss: LK₨370.1k (down 102% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.お知らせ • Feb 06Ceylon Tea Brokers PLC Announces Management ChangesCeylon Tea Brokers PLC announced the appointment of Waruna de Silva, who has been the Chief Executive Officer of the company since May 2017, as the Managing Director of the company with effect from January 31, 2025, and Dinesh Fernando, who has been the Chief Operating Officer of the company since June 2019, as the new Chief Executive Officer, effective 31 January. Consequent to these appointments, the Board of Directors of the company will comprise, Chairman/Independent Non-Executive Director: Niraj De Mel, Managing Director: Waruna De Silva, Executive Director/Chief Executive Officer: Dinesh Fernando, Non-Executive Director: Ajith Fernando, Non-Executive Director: Chrisantha Perera, Non-Executive Director: Shiromal Cooray, Non-Executive Director: Sharmali Perera, Executive Director: Thilina Nonis, Executive Director: Zameel Mohomed, Independent Non-Executive Director: Dr. Beshan Kulapala, Independent Non-Executive Director: Amrah Akbar, Independent Non-Executive Director: Dr. Mihirini De Zoysa. Mr. K A Dinesh Fernando ceased to be the Chief-Operating Officer effective from January 31, 2025. To redesignate Mr. W Ajith Terence Fernando who stepped down from the office of Managing Director of the company with effect from January 31, 2025 as a Non-Executive Director effective from January 31, 2025.お知らせ • Feb 04Ceylon Tea Brokers plc Announces CEO ChangesCeylon Tea Brokers PLC announced appointment of Waruna de Silva, who has been the Chief Executive Officer of the company since May 2017, as the Managing Director of the company, and Dinesh Fernando, who has been the Chief Operating Officer of the company since June 2019, as the new Chief Executive Officer, effective 31 January. Consequent to these appointments, the Board of Directors of the company will comprise, Chairman/Independent Non-Executive Director: Niraj De Mel, Managing Director: Waruna De Silva, Executive Director/Chief Executive Officer: Dinesh Fernando, Non-Executive Director: Ajith Fernando, Non-Executive Director: Chrisantha Perera, Non-Executive Director: Shiromal Cooray, Non-Executive Director: Sharmali Perera, Executive Director: Thilina Nonis, Executive Director: Zameel Mohomed, Independent Non-Executive Director:Dr. Beshan Kulapala, Independent Non-Executive Director: Amrah Akbar, Independent Non-Executive Director: Dr. Mihirini De Zoysa.New Risk • Jan 29New 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 6.6% 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 Risks Interest payments are not well covered by earnings (1.6x net interest cover). Market cap is less than US$10m (LK₨1.19b market cap, or US$4.00m). Minor Risks Dividend is not well covered by earnings (384% payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin).Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 23%After last week's 23% share price gain to LK₨6.50, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 102% over the past three years.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to LK₨5.70, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 20x in the Retail Distributors industry in Asia. Total returns to shareholders of 95% over the past three years.New Risk • Nov 16New 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 5.1% 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 Risks Interest payments are not well covered by earnings (1.6x net interest cover). Market cap is less than US$10m (LK₨912.0m market cap, or US$3.12m). Minor Risks Dividend is not well covered by earnings (384% payout ratio). Share price has been volatile over the past 3 months (5.1% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin).Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: LK₨0.06 (vs LK₨0.18 in 2Q 2024)Second quarter 2025 results: EPS: LK₨0.06 (down from LK₨0.18 in 2Q 2024). Revenue: LK₨387.5m (down 15% from 2Q 2024). Net income: LK₨10.3m (down 69% from 2Q 2024). Profit margin: 2.7% (down from 7.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 03Ceylon Tea Brokers PLC, Annual General Meeting, Sep 27, 2024Ceylon Tea Brokers PLC, Annual General Meeting, Sep 27, 2024, at 11:30 Sri Lanka Standard Time.Upcoming Dividend • Aug 27Upcoming dividend of LK₨0.44 per shareEligible shareholders must have bought the stock before 03 September 2024. Payment date: 24 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 13%. Within top quartile of Sri Lankan dividend payers (8.4%). Higher than average of industry peers (5.3%).Reported Earnings • Aug 16First quarter 2025 earnings released: EPS: LK₨0.01 (vs LK₨0.15 in 1Q 2024)First quarter 2025 results: EPS: LK₨0.01 (down from LK₨0.15 in 1Q 2024). Revenue: LK₨384.1m (down 7.9% from 1Q 2024). Net income: LK₨1.43m (down 95% from 1Q 2024). Profit margin: 0.4% (down from 6.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jun 04Full year 2024 earnings released: EPS: LK₨0.52 (vs LK₨1.01 in FY 2023)Full year 2024 results: EPS: LK₨0.52 (down from LK₨1.01 in FY 2023). Revenue: LK₨1.74b (up 1.6% from FY 2023). Net income: LK₨94.8m (down 49% from FY 2023). Profit margin: 5.5% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to LK₨5.30, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 13x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 132% over the past three years.Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: LK₨0.10 (vs LK₨0.19 in 3Q 2023)Third quarter 2024 results: EPS: LK₨0.10 (down from LK₨0.19 in 3Q 2023). Revenue: LK₨438.9m (flat on 3Q 2023). Net income: LK₨18.3m (down 47% from 3Q 2023). Profit margin: 4.2% (down from 7.8% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.New Risk • Dec 05New 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 5.4% 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 Risks Interest payments are not well covered by earnings (1.7x net interest cover). Market cap is less than US$10m (LK₨784.3m market cap, or US$2.39m). Minor Risks Dividend is not well covered by earnings (92% payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change).Reported Earnings • Aug 07Full year 2023 earnings released: EPS: LK₨1.01 (vs LK₨0.10 in FY 2022)Full year 2023 results: EPS: LK₨1.01 (up from LK₨0.10 in FY 2022). Revenue: LK₨1.71b (up 97% from FY 2022). Net income: LK₨184.3m (up LK₨165.2m from FY 2022). Profit margin: 11% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to LK₨5.00, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 9x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 111% over the past three years.Upcoming Dividend • Jul 26Upcoming dividend of LK₨0.68 per share at 6.2% yieldEligible shareholders must have bought the stock before 02 August 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 6.2%. Lower than top quartile of Sri Lankan dividend payers (7.6%). Higher than average of industry peers (4.9%).Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to LK₨5.30, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 9x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 125% over the past three years.Reported Earnings • May 25Full year 2023 earnings released: EPS: LK₨0.91 (vs LK₨0.10 in FY 2022)Full year 2023 results: EPS: LK₨0.91 (up from LK₨0.10 in FY 2022). Revenue: LK₨1.70b (up 96% from FY 2022). Net income: LK₨165.3m (up LK₨146.2m from FY 2022). Profit margin: 9.7% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Feb 25Director recently sold LK₨1.0m worth of stockOn the 23rd of February, K. H. Deshapriya sold around 250k shares on-market at roughly LK₨4.08 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of LK₨925k more than they bought in the last 12 months.Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: LK₨0.19 (vs LK₨0.016 loss in 3Q 2022)Third quarter 2023 results: EPS: LK₨0.19 (up from LK₨0.016 loss in 3Q 2022). Revenue: LK₨438.6m (up 108% from 3Q 2022). Net income: LK₨34.2m (up LK₨36.9m from 3Q 2022). Profit margin: 7.8% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to LK₨4.50, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 7x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 63% over the past three years.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Non-Executive Chairman Rasika Joseph De Mel was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: LK₨0.35 (vs LK₨0.04 in 2Q 2022)Second quarter 2023 results: EPS: LK₨0.35 (up from LK₨0.04 in 2Q 2022). Revenue: LK₨438.7m (up 103% from 2Q 2022). Net income: LK₨64.4m (up LK₨57.4m from 2Q 2022). Profit margin: 15% (up from 3.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 23Investor sentiment improved over the past weekAfter last week's 21% share price gain to LK₨5.80, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 13x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 123% over the past three years.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to LK₨4.60, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 8x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 77% over the past three years.Reported Earnings • Aug 08Full year 2022 earnings released: EPS: LK₨0.10 (vs LK₨0.005 in FY 2021)Full year 2022 results: EPS: LK₨0.10 (up from LK₨0.005 in FY 2021). Revenue: LK₨867.3m (up 25% from FY 2021). Net income: LK₨19.1m (up LK₨18.1m from FY 2021). Profit margin: 2.2% (up from 0.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • Aug 05Ceylon Tea Brokers PLC, Annual General Meeting, Aug 26, 2022Ceylon Tea Brokers PLC, Annual General Meeting, Aug 26, 2022, at 11:30 Sri Lanka Standard Time. Agenda: To receive and consider the Annual Report of the Board of Directors on the affairs of the Company and the Statement of Accounts for the year ended 31 March 2022 with the Report of the Auditors thereon; to pass the ordinary resolution set out below to re-elect Mr. B R L Fernando as a Director of the Company; to re-elect Ms. N T M S Cooray who retires by rotation in terms of Article 87 (i) of the Articles of Association of the Company as a Director; to appoint Messrs. KPMG, Chartered Accountants, as the Auditors of the Company and to authorize the Directors to fix their remuneration; and to discuss other matters.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 21% share price gain to LK₨4.10, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 7x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 63% over the past three years.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to LK₨3.50, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 7x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 49% over the past three years.Upcoming Dividend • Jun 27Upcoming dividend of LK₨0.36 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 25 July 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.7%. Within top quartile of Sri Lankan dividend payers (9.1%). Higher than average of industry peers (5.3%).Reported Earnings • May 29Full year 2022 earnings released: EPS: LK₨0.11 (vs LK₨0.005 in FY 2021)Full year 2022 results: EPS: LK₨0.11 (up from LK₨0.005 in FY 2021). Revenue: LK₨867.6m (up 25% from FY 2021). Net income: LK₨19.8m (up LK₨18.8m from FY 2021). Profit margin: 2.3% (up from 0.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 23% share price gain to LK₨3.80, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 7x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 72% over the past three years.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Non-Executive Chairman Rasika Joseph De Mel was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 17Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: LK₨0.01 loss per share (up from LK₨0.04 loss in 3Q 2021). Revenue: LK₨210.4m (up 20% from 3Q 2021). Net loss: LK₨2.70m (loss narrowed 63% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS LK₨0.04 (vs LK₨0.004 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: LK₨216.3m (up 31% from 2Q 2021). Net income: LK₨7.01m (up LK₨7.64m from 2Q 2021). Profit margin: 3.2% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Aug 07Director recently sold LK₨571k worth of stockOn the 30th of July, K. H. Deshapriya sold around 136k shares on-market at roughly LK₨4.20 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of LK₨568k more than they bought in the last 12 months.Reported Earnings • Aug 04Full year 2021 earnings released: EPS LK₨0.005 (vs LK₨0.34 loss in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: LK₨693.6m (flat on FY 2020). Net income: LK₨1.00m (up LK₨63.5m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jun 14Upcoming dividend of LK₨0.35 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 12 July 2021. Trailing yield: 8.1%. Within top quartile of Sri Lankan dividend payers (5.2%). Higher than average of industry peers (2.2%).Recent Insider Transactions • May 25Independent Deputy Chairman recently bought LK₨61k worth of stockOn the 17th of May, R. J. De Mel bought around 19k shares on-market at roughly LK₨3.20 per share. This was the largest purchase by an insider in the last 3 months. R. J. has been a buyer over the last 12 months, purchasing a net total of LK₨161k worth in shares.Is New 90 Day High Low • Feb 11New 90-day low: LK₨3.40The company is down 21% from its price of LK₨4.30 on 13 November 2020. The Sri Lankan market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 5.0% over the same period.Reported Earnings • Jan 28Third quarter 2021 earnings released: LK₨0.04 loss per share (vs LK₨0.26 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: LK₨175.7m (up 7.0% from 3Q 2020). Net loss: LK₨7.33m (loss narrowed 84% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Jan 27New 90-day low: LK₨3.90The company is down 5.0% from its price of LK₨4.10 on 29 October 2020. The Sri Lankan market is up 55% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 30% over the same period.Reported Earnings • Nov 15Second quarter 2021 earnings released: LK₨0.005 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: LK₨164.9m (down 8.2% from 2Q 2020). Net loss: LK₨637.0k (down 118% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 19New 90-day high: LK₨4.90The company is up 63% from its price of LK₨3.00 on 21 July 2020. The Sri Lankan market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 43% over the same period.Is New 90 Day High Low • Oct 02New 90-day high: LK₨3.90The company is up 34% from its price of LK₨2.90 on 03 July 2020. The Sri Lankan market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 29% over the same period.株主還元CTBL.N0000LK Retail DistributorsLK 市場7D-8.8%4.5%-0.8%1Y33.3%-19.1%17.1%株主還元を見る業界別リターン: CTBL.N0000過去 1 年間で-19.1 % の収益を上げたLK Retail Distributors業界を上回りました。リターン対市場: CTBL.N0000過去 1 年間で17.1 % の収益を上げたLK市場を上回りました。価格変動Is CTBL.N0000's price volatile compared to industry and market?CTBL.N0000 volatilityCTBL.N0000 Average Weekly Movement5.4%Retail Distributors Industry Average Movement5.6%Market Average Movement6.2%10% most volatile stocks in LK Market12.4%10% least volatile stocks in LK Market2.9%安定した株価: CTBL.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: CTBL.N0000の 週次ボラティリティ ( 5% ) 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196399Kurukulasuriya Anthony Fernandoceylonteabrokers.comセイロン・ティー・ブローカーズ PLC はスリランカで紅茶の仲買、倉庫業、金融業を営む。紅茶の仲介と倉庫業の2つのセグメントで事業を展開。同社は、紅茶生産者と紅茶バイヤーの仲介を行い、サードパーティの物流業者や他の企業の顧客に輸送や倉庫保管の施設を提供し、付加価値やサプライチェーンのコンサルティングサービスを提供している。また、紅茶生産者に製品の品質向上のための製造アドバイザリーや個別サービス、生産者に運転資金を提供するためのローンやアドバンスも提供している。前身はセイロン・ティー・ブローカーズ（プライベート）リミテッドで、2010年3月にセイロン・ティー・ブローカーズPLCに社名変更した。セイロン・ティー・ブローカーズPLCは1963年に設立され、スリランカのコロンボに本社を置いている。もっと見るCeylon Tea Brokers PLC 基礎のまとめCeylon Tea Brokers の収益と売上を時価総額と比較するとどうか。CTBL.N0000 基礎統計学時価総額LK₨1.90b収益（TTM）LK₨148.93m売上高(TTM)LK₨1.57b12.7xPER（株価収益率1.2xP/SレシオCTBL.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CTBL.N0000 損益計算書（TTM）収益LK₨1.57b売上原価LK₨488.30m売上総利益LK₨1.08bその他の費用LK₨935.78m収益LK₨148.93m直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）0.82グロス・マージン68.96%純利益率9.47%有利子負債／自己資本比率355.7%CTBL.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5.8%現在の配当利回り137%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2026/08/21 08:41終値2026/08/20 00:00収益2026/06/30年間収益2026/03/31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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Ceylon Tea Brokers 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 • May 28Full year 2026 earnings released: EPS: LK₨0.80 (vs LK₨0.10 loss in FY 2025)Full year 2026 results: EPS: LK₨0.80 (up from LK₨0.10 loss in FY 2025). Revenue: LK₨1.56b (up 14% from FY 2025). Net income: LK₨146.3m (up LK₨164.6m from FY 2025). Profit margin: 9.4% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
New Risk • Apr 06New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 135% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 135% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (LK₨1.93b market cap, or US$6.13m). Minor Risk Revenue is less than US$5m (LK₨1.4b revenue, or US$4.4m).
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to LK₨10.70, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 243% over the past three years.
Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to LK₨13.10. The fair value is estimated to be LK₨10.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to LK₨12.20, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 301% over the past three years.
Buy Or Sell Opportunity • Feb 17Now 32% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to LK₨13.90. The fair value is estimated to be LK₨10.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.
Reported Earnings • May 28Full year 2026 earnings released: EPS: LK₨0.80 (vs LK₨0.10 loss in FY 2025)Full year 2026 results: EPS: LK₨0.80 (up from LK₨0.10 loss in FY 2025). Revenue: LK₨1.56b (up 14% from FY 2025). Net income: LK₨146.3m (up LK₨164.6m from FY 2025). Profit margin: 9.4% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
New Risk • Apr 06New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 135% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 135% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (LK₨1.93b market cap, or US$6.13m). Minor Risk Revenue is less than US$5m (LK₨1.4b revenue, or US$4.4m).
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to LK₨10.70, the stock trades at a trailing P/E ratio of 37.2x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 243% over the past three years.
Buy Or Sell Opportunity • Mar 05Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 58% to LK₨13.10. The fair value is estimated to be LK₨10.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to LK₨12.20, the stock trades at a trailing P/E ratio of 42.4x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 301% over the past three years.
Buy Or Sell Opportunity • Feb 17Now 32% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to LK₨13.90. The fair value is estimated to be LK₨10.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.
New Risk • Feb 10New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Sri Lankan stocks, typically moving 9.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Share price has been highly volatile over the past 3 months (9.7% average weekly change). Market cap is less than US$10m (LK₨2.19b market cap, or US$7.07m). Minor Risks Dividend is not well covered by earnings (206% payout ratio). Revenue is less than US$5m (LK₨1.4b revenue, or US$4.4m).
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 30%After last week's 30% share price gain to LK₨13.00, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 18x in the Retail Distributors industry in Asia. Total returns to shareholders of 298% over the past three years.
Buy Or Sell Opportunity • Jan 27Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to LK₨10.90. The fair value is estimated to be LK₨8.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to LK₨10.30, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 223% over the past three years.
Buy Or Sell Opportunity • Jan 06Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 26% to LK₨10.20. The fair value is estimated to be LK₨8.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has declined by 69%.
Recent Insider Transactions • Nov 19Non-Executive Director recently sold LK₨12m worth of stockOn the 13th of November, Chrisantha Priyange Perera sold around 1m shares on-market at roughly LK₨8.85 per share. This transaction amounted to 79% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Nov 17Second quarter 2026 earnings released: EPS: LK₨0.26 (vs LK₨0.06 in 2Q 2025)Second quarter 2026 results: EPS: LK₨0.26 (up from LK₨0.06 in 2Q 2025). Revenue: LK₨391.2m (up 1.0% from 2Q 2025). Net income: LK₨46.8m (up 354% from 2Q 2025). Profit margin: 12% (up from 2.7% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings.
New Risk • Nov 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 8.0% 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 Risks Interest payments are not well covered by earnings (1.9x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 165% Paying a dividend despite having no free cash flows. Market cap is less than US$10m (LK₨1.71b market cap, or US$5.64m). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (LK₨1.5b revenue, or US$4.9m).
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 26%After last week's 26% share price gain to LK₨10.30, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 20x in the Retail Distributors industry in Asia. Total returns to shareholders of 197% over the past three years.
Upcoming Dividend • Oct 28Upcoming dividend of LK₨0.60 per shareEligible shareholders must have bought the stock before 04 November 2025. Payment date: 24 November 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.9%. Within top quartile of Sri Lankan dividend payers (4.2%). Higher than average of industry peers (2.5%).
お知らせ • Oct 25+ 1 more updateCeylon Tea Brokers PLC announces Annual dividend, payable on November 24, 2025Ceylon Tea Brokers PLC announced Annual dividend of LKR 0.6000 per share payable on November 24, 2025, ex-date on November 04, 2025 and record date on November 06, 2025.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 17%After last week's 17% share price gain to LK₨8.30, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 102% over the past three years.
New Risk • Aug 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 30x earnings per share. The company is paying a dividend despite having no free cash flows. Dividend yield: 6.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risks Interest payments are not well covered by earnings (1.9x net interest cover). Dividend is not well covered by earnings and cash flows. Dividend per share is over 30x earnings per share. Paying a dividend despite having no free cash flows. Market cap is less than US$10m (LK₨1.33b market cap, or US$4.43m). Minor Risk Revenue is less than US$5m (LK₨1.5b revenue, or US$5.0m).
Reported Earnings • Jun 02Full year 2025 earnings released: EPS: LK₨0.21 (vs LK₨0.38 in FY 2024)Full year 2025 results: EPS: LK₨0.21 (down from LK₨0.38 in FY 2024). Revenue: LK₨1.51b (down 8.6% from FY 2024). Net income: LK₨38.2m (down 45% from FY 2024). Profit margin: 2.5% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
New Risk • Mar 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Sri Lankan stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$10m (LK₨1.20b market cap, or US$4.06m). Minor Risks Dividend is not well covered by earnings (dividend per share is over 30x earnings per share). Profit margins are more than 30% lower than last year (0.2% net profit margin). Revenue is less than US$5m (LK₨1.5b revenue, or US$4.9m).
Reported Earnings • Feb 16Third quarter 2025 earnings released: LK₨0.002 loss per share (vs LK₨0.10 profit in 3Q 2024)Third quarter 2025 results: LK₨0.002 loss per share (down from LK₨0.10 profit in 3Q 2024). Revenue: LK₨372.2m (down 15% from 3Q 2024). Net loss: LK₨370.1k (down 102% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
お知らせ • Feb 06Ceylon Tea Brokers PLC Announces Management ChangesCeylon Tea Brokers PLC announced the appointment of Waruna de Silva, who has been the Chief Executive Officer of the company since May 2017, as the Managing Director of the company with effect from January 31, 2025, and Dinesh Fernando, who has been the Chief Operating Officer of the company since June 2019, as the new Chief Executive Officer, effective 31 January. Consequent to these appointments, the Board of Directors of the company will comprise, Chairman/Independent Non-Executive Director: Niraj De Mel, Managing Director: Waruna De Silva, Executive Director/Chief Executive Officer: Dinesh Fernando, Non-Executive Director: Ajith Fernando, Non-Executive Director: Chrisantha Perera, Non-Executive Director: Shiromal Cooray, Non-Executive Director: Sharmali Perera, Executive Director: Thilina Nonis, Executive Director: Zameel Mohomed, Independent Non-Executive Director: Dr. Beshan Kulapala, Independent Non-Executive Director: Amrah Akbar, Independent Non-Executive Director: Dr. Mihirini De Zoysa. Mr. K A Dinesh Fernando ceased to be the Chief-Operating Officer effective from January 31, 2025. To redesignate Mr. W Ajith Terence Fernando who stepped down from the office of Managing Director of the company with effect from January 31, 2025 as a Non-Executive Director effective from January 31, 2025.
お知らせ • Feb 04Ceylon Tea Brokers plc Announces CEO ChangesCeylon Tea Brokers PLC announced appointment of Waruna de Silva, who has been the Chief Executive Officer of the company since May 2017, as the Managing Director of the company, and Dinesh Fernando, who has been the Chief Operating Officer of the company since June 2019, as the new Chief Executive Officer, effective 31 January. Consequent to these appointments, the Board of Directors of the company will comprise, Chairman/Independent Non-Executive Director: Niraj De Mel, Managing Director: Waruna De Silva, Executive Director/Chief Executive Officer: Dinesh Fernando, Non-Executive Director: Ajith Fernando, Non-Executive Director: Chrisantha Perera, Non-Executive Director: Shiromal Cooray, Non-Executive Director: Sharmali Perera, Executive Director: Thilina Nonis, Executive Director: Zameel Mohomed, Independent Non-Executive Director:Dr. Beshan Kulapala, Independent Non-Executive Director: Amrah Akbar, Independent Non-Executive Director: Dr. Mihirini De Zoysa.
New Risk • Jan 29New 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 6.6% 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 Risks Interest payments are not well covered by earnings (1.6x net interest cover). Market cap is less than US$10m (LK₨1.19b market cap, or US$4.00m). Minor Risks Dividend is not well covered by earnings (384% payout ratio). Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin).
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 23%After last week's 23% share price gain to LK₨6.50, the stock trades at a trailing P/E ratio of 55.8x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 102% over the past three years.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to LK₨5.70, the stock trades at a trailing P/E ratio of 48.9x. Average trailing P/E is 20x in the Retail Distributors industry in Asia. Total returns to shareholders of 95% over the past three years.
New Risk • Nov 16New 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 5.1% 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 Risks Interest payments are not well covered by earnings (1.6x net interest cover). Market cap is less than US$10m (LK₨912.0m market cap, or US$3.12m). Minor Risks Dividend is not well covered by earnings (384% payout ratio). Share price has been volatile over the past 3 months (5.1% average weekly change). Profit margins are more than 30% lower than last year (1.4% net profit margin).
Reported Earnings • Nov 02Second quarter 2025 earnings released: EPS: LK₨0.06 (vs LK₨0.18 in 2Q 2024)Second quarter 2025 results: EPS: LK₨0.06 (down from LK₨0.18 in 2Q 2024). Revenue: LK₨387.5m (down 15% from 2Q 2024). Net income: LK₨10.3m (down 69% from 2Q 2024). Profit margin: 2.7% (down from 7.3% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 03Ceylon Tea Brokers PLC, Annual General Meeting, Sep 27, 2024Ceylon Tea Brokers PLC, Annual General Meeting, Sep 27, 2024, at 11:30 Sri Lanka Standard Time.
Upcoming Dividend • Aug 27Upcoming dividend of LK₨0.44 per shareEligible shareholders must have bought the stock before 03 September 2024. Payment date: 24 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 13%. Within top quartile of Sri Lankan dividend payers (8.4%). Higher than average of industry peers (5.3%).
Reported Earnings • Aug 16First quarter 2025 earnings released: EPS: LK₨0.01 (vs LK₨0.15 in 1Q 2024)First quarter 2025 results: EPS: LK₨0.01 (down from LK₨0.15 in 1Q 2024). Revenue: LK₨384.1m (down 7.9% from 1Q 2024). Net income: LK₨1.43m (down 95% from 1Q 2024). Profit margin: 0.4% (down from 6.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jun 04Full year 2024 earnings released: EPS: LK₨0.52 (vs LK₨1.01 in FY 2023)Full year 2024 results: EPS: LK₨0.52 (down from LK₨1.01 in FY 2023). Revenue: LK₨1.74b (up 1.6% from FY 2023). Net income: LK₨94.8m (down 49% from FY 2023). Profit margin: 5.5% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 15%After last week's 15% share price gain to LK₨5.30, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 13x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 132% over the past three years.
Reported Earnings • Feb 16Third quarter 2024 earnings released: EPS: LK₨0.10 (vs LK₨0.19 in 3Q 2023)Third quarter 2024 results: EPS: LK₨0.10 (down from LK₨0.19 in 3Q 2023). Revenue: LK₨438.9m (flat on 3Q 2023). Net income: LK₨18.3m (down 47% from 3Q 2023). Profit margin: 4.2% (down from 7.8% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
New Risk • Dec 05New 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 5.4% 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 Risks Interest payments are not well covered by earnings (1.7x net interest cover). Market cap is less than US$10m (LK₨784.3m market cap, or US$2.39m). Minor Risks Dividend is not well covered by earnings (92% payout ratio). Share price has been volatile over the past 3 months (5.4% average weekly change).
Reported Earnings • Aug 07Full year 2023 earnings released: EPS: LK₨1.01 (vs LK₨0.10 in FY 2022)Full year 2023 results: EPS: LK₨1.01 (up from LK₨0.10 in FY 2022). Revenue: LK₨1.71b (up 97% from FY 2022). Net income: LK₨184.3m (up LK₨165.2m from FY 2022). Profit margin: 11% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to LK₨5.00, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 9x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 111% over the past three years.
Upcoming Dividend • Jul 26Upcoming dividend of LK₨0.68 per share at 6.2% yieldEligible shareholders must have bought the stock before 02 August 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 6.2%. Lower than top quartile of Sri Lankan dividend payers (7.6%). Higher than average of industry peers (4.9%).
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to LK₨5.30, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 9x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 125% over the past three years.
Reported Earnings • May 25Full year 2023 earnings released: EPS: LK₨0.91 (vs LK₨0.10 in FY 2022)Full year 2023 results: EPS: LK₨0.91 (up from LK₨0.10 in FY 2022). Revenue: LK₨1.70b (up 96% from FY 2022). Net income: LK₨165.3m (up LK₨146.2m from FY 2022). Profit margin: 9.7% (up from 2.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Feb 25Director recently sold LK₨1.0m worth of stockOn the 23rd of February, K. H. Deshapriya sold around 250k shares on-market at roughly LK₨4.08 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of LK₨925k more than they bought in the last 12 months.
Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: LK₨0.19 (vs LK₨0.016 loss in 3Q 2022)Third quarter 2023 results: EPS: LK₨0.19 (up from LK₨0.016 loss in 3Q 2022). Revenue: LK₨438.6m (up 108% from 3Q 2022). Net income: LK₨34.2m (up LK₨36.9m from 3Q 2022). Profit margin: 7.8% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to LK₨4.50, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 7x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 63% over the past three years.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 5 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Non-Executive Chairman Rasika Joseph De Mel was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: LK₨0.35 (vs LK₨0.04 in 2Q 2022)Second quarter 2023 results: EPS: LK₨0.35 (up from LK₨0.04 in 2Q 2022). Revenue: LK₨438.7m (up 103% from 2Q 2022). Net income: LK₨64.4m (up LK₨57.4m from 2Q 2022). Profit margin: 15% (up from 3.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 23Investor sentiment improved over the past weekAfter last week's 21% share price gain to LK₨5.80, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 13x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 123% over the past three years.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to LK₨4.60, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 8x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 77% over the past three years.
Reported Earnings • Aug 08Full year 2022 earnings released: EPS: LK₨0.10 (vs LK₨0.005 in FY 2021)Full year 2022 results: EPS: LK₨0.10 (up from LK₨0.005 in FY 2021). Revenue: LK₨867.3m (up 25% from FY 2021). Net income: LK₨19.1m (up LK₨18.1m from FY 2021). Profit margin: 2.2% (up from 0.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • Aug 05Ceylon Tea Brokers PLC, Annual General Meeting, Aug 26, 2022Ceylon Tea Brokers PLC, Annual General Meeting, Aug 26, 2022, at 11:30 Sri Lanka Standard Time. Agenda: To receive and consider the Annual Report of the Board of Directors on the affairs of the Company and the Statement of Accounts for the year ended 31 March 2022 with the Report of the Auditors thereon; to pass the ordinary resolution set out below to re-elect Mr. B R L Fernando as a Director of the Company; to re-elect Ms. N T M S Cooray who retires by rotation in terms of Article 87 (i) of the Articles of Association of the Company as a Director; to appoint Messrs. KPMG, Chartered Accountants, as the Auditors of the Company and to authorize the Directors to fix their remuneration; and to discuss other matters.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 21% share price gain to LK₨4.10, the stock trades at a trailing P/E ratio of 37.8x. Average trailing P/E is 7x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 63% over the past three years.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to LK₨3.50, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 7x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 49% over the past three years.
Upcoming Dividend • Jun 27Upcoming dividend of LK₨0.36 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 25 July 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.7%. Within top quartile of Sri Lankan dividend payers (9.1%). Higher than average of industry peers (5.3%).
Reported Earnings • May 29Full year 2022 earnings released: EPS: LK₨0.11 (vs LK₨0.005 in FY 2021)Full year 2022 results: EPS: LK₨0.11 (up from LK₨0.005 in FY 2021). Revenue: LK₨867.6m (up 25% from FY 2021). Net income: LK₨19.8m (up LK₨18.8m from FY 2021). Profit margin: 2.3% (up from 0.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 23% share price gain to LK₨3.80, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 7x in the Retail Distributors industry in Sri Lanka. Total returns to shareholders of 72% over the past three years.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Non-Executive Chairman Rasika Joseph De Mel was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 17Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: LK₨0.01 loss per share (up from LK₨0.04 loss in 3Q 2021). Revenue: LK₨210.4m (up 20% from 3Q 2021). Net loss: LK₨2.70m (loss narrowed 63% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 07Second quarter 2022 earnings released: EPS LK₨0.04 (vs LK₨0.004 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: LK₨216.3m (up 31% from 2Q 2021). Net income: LK₨7.01m (up LK₨7.64m from 2Q 2021). Profit margin: 3.2% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Aug 07Director recently sold LK₨571k worth of stockOn the 30th of July, K. H. Deshapriya sold around 136k shares on-market at roughly LK₨4.20 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of LK₨568k more than they bought in the last 12 months.
Reported Earnings • Aug 04Full year 2021 earnings released: EPS LK₨0.005 (vs LK₨0.34 loss in FY 2020)The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: LK₨693.6m (flat on FY 2020). Net income: LK₨1.00m (up LK₨63.5m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jun 14Upcoming dividend of LK₨0.35 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 12 July 2021. Trailing yield: 8.1%. Within top quartile of Sri Lankan dividend payers (5.2%). Higher than average of industry peers (2.2%).
Recent Insider Transactions • May 25Independent Deputy Chairman recently bought LK₨61k worth of stockOn the 17th of May, R. J. De Mel bought around 19k shares on-market at roughly LK₨3.20 per share. This was the largest purchase by an insider in the last 3 months. R. J. has been a buyer over the last 12 months, purchasing a net total of LK₨161k worth in shares.
Is New 90 Day High Low • Feb 11New 90-day low: LK₨3.40The company is down 21% from its price of LK₨4.30 on 13 November 2020. The Sri Lankan market is up 28% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 5.0% over the same period.
Reported Earnings • Jan 28Third quarter 2021 earnings released: LK₨0.04 loss per share (vs LK₨0.26 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: LK₨175.7m (up 7.0% from 3Q 2020). Net loss: LK₨7.33m (loss narrowed 84% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Jan 27New 90-day low: LK₨3.90The company is down 5.0% from its price of LK₨4.10 on 29 October 2020. The Sri Lankan market is up 55% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 30% over the same period.
Reported Earnings • Nov 15Second quarter 2021 earnings released: LK₨0.005 loss per shareThe company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: LK₨164.9m (down 8.2% from 2Q 2020). Net loss: LK₨637.0k (down 118% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 19New 90-day high: LK₨4.90The company is up 63% from its price of LK₨3.00 on 21 July 2020. The Sri Lankan market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 43% over the same period.
Is New 90 Day High Low • Oct 02New 90-day high: LK₨3.90The company is up 34% from its price of LK₨2.90 on 03 July 2020. The Sri Lankan market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 29% over the same period.
