Sri Lankan (CSE) Luxury Industry Analysis
UpdatedDec 04, 2023
DataAggregated Company Financials
Companies7
- 7D0.4%
- 3M-5.4%
- 1Y7.3%
- YTD11.2%
The Luxury industry has stayed flat over the last week. The past year has been better, since the industry has gained 7.3% in that time. Earnings are forecast to grow by 85% annually.
Industry Valuation and Performance
Has the Sri Lankan Luxury Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | LK₨56.6b | LK₨224.4b | -LK₨6,373,748,660.00 | 19.5x | -8.9x | 0.3x |
| Wed, 01 Nov 2023 | LK₨57.0b | LK₨244.2b | -LK₨3,908,336,593.00 | 13.8x | -14.6x | 0.2x |
| Fri, 29 Sep 2023 | LK₨61.0b | LK₨242.8b | -LK₨4,386,756,766.00 | 9.4x | -13.9x | 0.3x |
| Sun, 27 Aug 2023 | LK₨58.9b | LK₨244.4b | LK₨284.6m | 9.6x | 207.1x | 0.2x |
| Tue, 25 Jul 2023 | LK₨52.9b | LK₨253.8b | LK₨2.9b | 5.1x | 18.1x | 0.2x |
| Thu, 22 Jun 2023 | LK₨46.2b | LK₨249.8b | LK₨2.9b | 4.4x | 15.9x | 0.2x |
| Sat, 20 May 2023 | LK₨47.2b | LK₨246.5b | LK₨2.8b | 4.4x | 16.8x | 0.2x |
| Mon, 17 Apr 2023 | LK₨51.9b | LK₨244.8b | LK₨3.5b | 4.7x | 14.8x | 0.2x |
| Wed, 15 Mar 2023 | LK₨51.6b | LK₨246.9b | LK₨3.6b | 4.9x | 14.2x | 0.2x |
| Fri, 10 Feb 2023 | LK₨56.5b | LK₨240.4b | LK₨7.1b | 6x | 8x | 0.2x |
| Sun, 08 Jan 2023 | LK₨50.7b | LK₨240.1b | LK₨10.1b | 4.7x | 5x | 0.2x |
| Tue, 06 Dec 2022 | LK₨52.8b | LK₨240.2b | LK₨10.1b | 4.7x | 5.2x | 0.2x |
| Thu, 03 Nov 2022 | LK₨56.1b | LK₨212.7b | LK₨12.9b | 5x | 4.4x | 0.3x |
| Sat, 01 Oct 2022 | LK₨65.0b | LK₨212.3b | LK₨12.8b | 5.3x | 5.1x | 0.3x |
| Mon, 29 Aug 2022 | LK₨69.2b | LK₨211.7b | LK₨12.8b | 4.7x | 5.4x | 0.3x |
| Wed, 27 Jul 2022 | LK₨66.7b | LK₨173.8b | LK₨11.1b | 7.8x | 6x | 0.4x |
| Fri, 24 Jun 2022 | LK₨61.2b | LK₨173.8b | LK₨11.1b | 6.3x | 5.5x | 0.4x |
| Sun, 22 May 2022 | LK₨68.4b | LK₨180.9b | LK₨9.5b | 7.7x | 7.2x | 0.4x |
| Tue, 19 Apr 2022 | LK₨64.1b | LK₨164.9b | LK₨6.9b | 8.9x | 9.3x | 0.4x |
| Thu, 17 Mar 2022 | LK₨68.9b | LK₨157.7b | LK₨6.5b | 10.7x | 10.6x | 0.4x |
| Sat, 12 Feb 2022 | LK₨80.3b | LK₨147.1b | LK₨5.6b | 13.9x | 14.4x | 0.5x |
| Mon, 10 Jan 2022 | LK₨63.0b | LK₨86.3b | LK₨4.0b | 15.1x | 15.8x | 0.7x |
| Wed, 08 Dec 2021 | LK₨71.9b | LK₨106.3b | LK₨3.9b | 12.8x | 18.3x | 0.7x |
| Fri, 05 Nov 2021 | LK₨71.0b | LK₨92.7b | LK₨5.5b | 14.3x | 12.9x | 0.8x |
| Sun, 03 Oct 2021 | LK₨69.9b | LK₨92.5b | LK₨5.5b | 13.9x | 12.8x | 0.8x |
| Tue, 31 Aug 2021 | LK₨71.9b | LK₨92.5b | LK₨5.5b | 13.2x | 13.1x | 0.8x |
| Wed, 07 Jul 2021 | LK₨45.0b | LK₨92.5b | LK₨5.5b | 8.1x | 8.2x | 0.5x |
| Sat, 10 Apr 2021 | LK₨42.9b | LK₨84.4b | LK₨869.1m | 10.5x | 49.4x | 0.5x |
| Fri, 01 Jan 2021 | LK₨43.2b | LK₨77.1b | LK₨2.2b | 14.8x | 20x | 0.6x |
Price to Earnings Ratio
12.9x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Luxury industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.42x.
Past Earnings Growth
- Total earnings for the Luxury industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 42% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Sri Lankan Consumer Discretionary industry?
| LK Market | 1.26% | |
| Consumer Discretionary | 1.71% | |
| Luxury | 0.41% | |
| Textiles | 0.66% | |
| Footwear | 0% | |
| Apparel, Accessories and Luxury Goods | -1.11% | |
Industry PE
- Investors are most optimistic about the Textiles industry which is trading above its 3-year average PE ratio of 16.2x.
- Analysts are expecting annual earnings growth of 84.8%, which is higher than its past year's earnings decline of 92.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Textiles industry, expecting annual earnings growth of 85% over the next 5 years.
- This is better than its past earnings decline of 92% per year.
- In contrast, the Textiles industry is expected to see its earnings grow by 85% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TJL.N0000 Teejay Lanka | LK₨35.60 | 2.6% +LK₨645.1m | 9.5% | PS0.4x | |
| MGT.N0000 Hayleys Fabric | LK₨41.10 | 0.7% +LK₨124.6m | 64.4% | PE50.6x | |
| GREG.N0000 Ambeon Holdings | LK₨35.00 | 0.6% +LK₨27.8m | -3.3% | PE2.2x | |
| RGEM.N0000 Radiant Gems International | LK₨78.50 | 4.5% +LK₨8.2m | 188.6% | PE3.9x | |
| HEXP.N0000 Hayleys Fibre | LK₨53.00 | 0.2% +LK₨2.4m | -7.2% | PE35.8x |