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Sri Lankan (CSE) Market Analysis & Valuation

UpdatedMay 22, 2022
DataAggregated Company Financials
Companies269
  • 7D4.5%
  • 3M-33.9%
  • 1Y12.7%
  • YTD-37.6%

Over the last 7 days, the market has risen 4.5%, driven by gains of 6.2% in the Financials sector. On the other hand, with a decline of 4.5%, the Communication Services sector is lagging behind. In the last year, the market has climbed 13%. As for the next few years, earnings are expected to grow by 23% per annum.

Trending IndustriesRenewable Energy

Market Valuation and Performance

Has the Sri Lankan Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022LK₨3.8tLK₨5.0tLK₨502.1b7.1x
Wed, 20 Apr 2022LK₨3.5tLK₨4.7tLK₨478.7b6.7x
Fri, 18 Mar 2022LK₨4.4tLK₨4.7tLK₨477.7b8.3x
Sun, 13 Feb 2022LK₨5.6tLK₨4.5tLK₨431.6b10.6x
Tue, 11 Jan 2022LK₨5.9tLK₨4.2tLK₨394.1b11.2x
Thu, 09 Dec 2021LK₨4.9tLK₨4.1tLK₨391.3b9.6x
Sat, 06 Nov 2021LK₨4.6tLK₨4.0tLK₨365.6b8.6x
Mon, 04 Oct 2021LK₨4.2tLK₨3.9tLK₨352.4b8.4x
Wed, 01 Sep 2021LK₨4.1tLK₨3.9tLK₨353.8b8.7x
Thu, 08 Jul 2021LK₨3.4tLK₨3.9tLK₨353.2b8x
Wed, 31 Mar 2021LK₨3.1tLK₨3.5tLK₨310.8b8x
Sat, 02 Jan 2021LK₨2.9tLK₨3.3tLK₨220.2b10.3x
Tue, 06 Oct 2020LK₨2.6tLK₨3.3tLK₨201.0b10.5x
Fri, 10 Jul 2020LK₨2.2tLK₨3.2tLK₨168.4b10.9x
Thu, 02 Apr 2020LK₨1.9tLK₨3.3tLK₨201.7b8.1x
Sun, 05 Jan 2020LK₨2.6tLK₨3.4tLK₨226.9b10.1x
Wed, 09 Oct 2019LK₨2.4tLK₨3.4tLK₨217.5b8.9x
Tue, 02 Jul 2019LK₨2.3tLK₨3.4tLK₨251.0b7.8x
Median PE Ratio

7.9x


Total Market Cap: LK₨2.2tTotal Earnings: LK₨230.1bTotal Revenue: LK₨3.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Market Median PE3Y Average 9.4x202020212022
Current Market PE
  • Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 9.4x.
Past Earnings Growth
  • The earnings for Sri Lankan listed companies have grown 30% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Sri Lankan Market?

LK Market4.51%
Energy11.11%
Tech9.30%
Industrials6.29%
Financials6.23%
Consumer Staples3.55%
Materials3.08%
Healthcare1.98%
Utilities0.85%
Real Estate0.68%
Consumer Discretionary0.019%
Telecom-4.52%
Sector PE
  • Investors are most optimistic about the Tech sector even though it's trading below its 3-year average PE ratio of 25.8x.
  • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Energy sector, which is trading below its 3-year average of 14.6x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 48% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
EXPO.N0000 Expolanka HoldingsLK₨219.5013.0%
+LK₨49.4b
388.9%PS5.9xIndustrials
LOLC.N0000 LOLC HoldingsLK₨556.5011.9%
+LK₨28.0b
73.0%PS9xFinancials
LOFC.N0000 LOLC FinanceLK₨9.3016.3%
+LK₨25.0b
45.3%PS14.5xFinancials
BIL.N0000 Browns InvestmentsLK₨8.4023.5%
+LK₨23.0b
33.3%PS7.7xConsumer Staples
NIFL.N0000 LOLC Development FinanceLK₨303.0030.7%
+LK₨17.0b
381.0%PS1120.5xFinancials
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