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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 23 May 2022 | LK₨3.8t | LK₨5.0t | LK₨502.1b | 7.1x |
| Wed, 20 Apr 2022 | LK₨3.5t | LK₨4.7t | LK₨478.7b | 6.7x |
| Fri, 18 Mar 2022 | LK₨4.4t | LK₨4.7t | LK₨477.7b | 8.3x |
| Sun, 13 Feb 2022 | LK₨5.6t | LK₨4.5t | LK₨431.6b | 10.6x |
| Tue, 11 Jan 2022 | LK₨5.9t | LK₨4.2t | LK₨394.1b | 11.2x |
| Thu, 09 Dec 2021 | LK₨4.9t | LK₨4.1t | LK₨391.3b | 9.6x |
| Sat, 06 Nov 2021 | LK₨4.6t | LK₨4.0t | LK₨365.6b | 8.6x |
| Mon, 04 Oct 2021 | LK₨4.2t | LK₨3.9t | LK₨352.4b | 8.4x |
| Wed, 01 Sep 2021 | LK₨4.1t | LK₨3.9t | LK₨353.8b | 8.7x |
| Thu, 08 Jul 2021 | LK₨3.4t | LK₨3.9t | LK₨353.2b | 8x |
| Wed, 31 Mar 2021 | LK₨3.1t | LK₨3.5t | LK₨310.8b | 8x |
| Sat, 02 Jan 2021 | LK₨2.9t | LK₨3.3t | LK₨220.2b | 10.3x |
| Tue, 06 Oct 2020 | LK₨2.6t | LK₨3.3t | LK₨201.0b | 10.5x |
| Fri, 10 Jul 2020 | LK₨2.2t | LK₨3.2t | LK₨168.4b | 10.9x |
| Thu, 02 Apr 2020 | LK₨1.9t | LK₨3.3t | LK₨201.7b | 8.1x |
| Sun, 05 Jan 2020 | LK₨2.6t | LK₨3.4t | LK₨226.9b | 10.1x |
| Wed, 09 Oct 2019 | LK₨2.4t | LK₨3.4t | LK₨217.5b | 8.9x |
| Tue, 02 Jul 2019 | LK₨2.3t | LK₨3.4t | LK₨251.0b | 7.8x |
Median PE Ratio
7.9x
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 Market | 4.51% | |
| Energy | 11.11% | |
| Tech | 9.30% | |
| Industrials | 6.29% | |
| Financials | 6.23% | |
| Consumer Staples | 3.55% | |
| Materials | 3.08% | |
| Healthcare | 1.98% | |
| Utilities | 0.85% | |
| Real Estate | 0.68% | |
| Consumer Discretionary | 0.019% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| EXPO.N0000 Expolanka Holdings | LK₨219.50 | 13.0% +LK₨49.4b | 388.9% | PS5.9x | Industrials | |
| LOLC.N0000 LOLC Holdings | LK₨556.50 | 11.9% +LK₨28.0b | 73.0% | PS9x | Financials | |
| LOFC.N0000 LOLC Finance | LK₨9.30 | 16.3% +LK₨25.0b | 45.3% | PS14.5x | Financials | |
| BIL.N0000 Browns Investments | LK₨8.40 | 23.5% +LK₨23.0b | 33.3% | PS7.7x | Consumer Staples | |
| NIFL.N0000 LOLC Development Finance | LK₨303.00 | 30.7% +LK₨17.0b | 381.0% | PS1120.5x | Financials |