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Sri Lankan (CSE) Textiles Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies4
- 7D-0.1%
- 3M14.9%
- 1Y25.4%
- YTDn/a
Over the last 7 days, the Textiles industry has risen 2.5%, driven by gains from Teejay Lanka of 2.3%. In the last 12 months, the industry was up 28%. As for the next few years, earnings are expected to grow by 30% per annum.
Industry Valuation and Performance
Has the Sri Lankan Textiles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | LK₨61.1b | LK₨128.4b | LK₨5.0b | 10.2x | 12.2x | 0.5x |
| Mon, 18 Nov 2024 | LK₨59.1b | LK₨128.2b | LK₨5.0b | 10.6x | 11.8x | 0.5x |
| Wed, 16 Oct 2024 | LK₨59.8b | LK₨127.8b | LK₨6.8b | 10.2x | 8.8x | 0.5x |
| Fri, 13 Sep 2024 | LK₨52.4b | LK₨129.1b | LK₨6.9b | 8.1x | 7.6x | 0.4x |
| Sun, 11 Aug 2024 | LK₨54.4b | LK₨130.6b | LK₨7.0b | 8.5x | 7.8x | 0.4x |
| Tue, 09 Jul 2024 | LK₨53.6b | LK₨130.3b | LK₨6.1b | 7.8x | 8.8x | 0.4x |
| Thu, 06 Jun 2024 | LK₨52.9b | LK₨130.0b | LK₨6.1b | 7.4x | 8.7x | 0.4x |
| Sat, 04 May 2024 | LK₨51.0b | LK₨135.3b | LK₨5.5b | 8.8x | 9.3x | 0.4x |
| Mon, 01 Apr 2024 | LK₨50.5b | LK₨135.8b | LK₨5.5b | 8.5x | 9.2x | 0.4x |
| Wed, 28 Feb 2024 | LK₨49.3b | LK₨137.4b | LK₨5.6b | 8.1x | 8.8x | 0.4x |
| Fri, 26 Jan 2024 | LK₨48.1b | LK₨145.5b | LK₨2.5b | 32.8x | 19.6x | 0.3x |
| Sun, 24 Dec 2023 | LK₨48.6b | LK₨146.8b | LK₨2.5b | 35.3x | 19.7x | 0.3x |
| Tue, 21 Nov 2023 | LK₨48.0b | LK₨147.2b | LK₨2.5b | 35.7x | 19.5x | 0.3x |
| Thu, 19 Oct 2023 | LK₨48.7b | LK₨154.8b | LK₨1.3b | 13.4x | 37x | 0.3x |
| Sat, 16 Sep 2023 | LK₨51.3b | LK₨154.7b | LK₨1.3b | 15.1x | 38.9x | 0.3x |
| Mon, 14 Aug 2023 | LK₨45.7b | LK₨153.1b | LK₨1.1b | 15.1x | 40.1x | 0.3x |
| Wed, 12 Jul 2023 | LK₨41.9b | LK₨161.4b | LK₨3.9b | 8.1x | 10.7x | 0.3x |
| Fri, 09 Jun 2023 | LK₨37.1b | LK₨158.3b | LK₨3.9b | 7.4x | 9.5x | 0.2x |
| Sun, 07 May 2023 | LK₨40.4b | LK₨155.3b | LK₨4.6b | 4.6x | 8.8x | 0.3x |
| Tue, 04 Apr 2023 | LK₨39.5b | LK₨155.9b | LK₨4.6b | 4.6x | 8.6x | 0.3x |
| Thu, 02 Mar 2023 | LK₨42.8b | LK₨161.3b | LK₨4.9b | 5.1x | 8.8x | 0.3x |
| Sat, 28 Jan 2023 | LK₨40.5b | LK₨157.2b | LK₨9.1b | 3.5x | 4.5x | 0.3x |
| Mon, 26 Dec 2022 | LK₨38.4b | LK₨157.4b | LK₨9.1b | 3.4x | 4.2x | 0.2x |
| Wed, 23 Nov 2022 | LK₨40.2b | LK₨157.7b | LK₨9.1b | 3.2x | 4.4x | 0.3x |
| Fri, 21 Oct 2022 | LK₨42.9b | LK₨143.5b | LK₨11.9b | 3.8x | 3.6x | 0.3x |
| Sun, 18 Sep 2022 | LK₨51.8b | LK₨143.2b | LK₨11.9b | 4x | 4.4x | 0.4x |
| Tue, 16 Aug 2022 | LK₨56.1b | LK₨142.5b | LK₨11.8b | 4x | 4.7x | 0.4x |
| Thu, 14 Jul 2022 | LK₨45.8b | LK₨122.2b | LK₨9.6b | 4.9x | 4.8x | 0.4x |
| Sat, 11 Jun 2022 | LK₨49.4b | LK₨122.3b | LK₨9.6b | 5x | 5.1x | 0.4x |
| Mon, 09 May 2022 | LK₨44.6b | LK₨117.7b | LK₨5.6b | 7.4x | 8x | 0.4x |
| Wed, 06 Apr 2022 | LK₨46.8b | LK₨109.5b | LK₨5.2b | 7.9x | 9x | 0.4x |
| Fri, 04 Mar 2022 | LK₨50.5b | LK₨97.2b | LK₨4.6b | 10.6x | 11x | 0.5x |
| Sun, 30 Jan 2022 | LK₨60.8b | LK₨86.2b | LK₨4.0b | 14.5x | 15.2x | 0.7x |
| Tue, 28 Dec 2021 | LK₨77.0b | LK₨106.1b | LK₨3.9b | 14.8x | 19.5x | 0.7x |
Price to Earnings Ratio
19.5x
Current Industry PE
- Investors are relatively neutral on the Sri Lankan Textiles industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 11.6x.
- The industry is trading close to its 3-year average PS ratio of 0.37x.
Past Earnings Growth
- The earnings for companies in the Textiles industry have grown 8.2% per year over the last three years.
- Revenues for these companies have grown 6.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Sri Lankan Textiles compare with similar industries?
| LK Market | 3.62% | |
| Consumer Discretionary | 2.60% | |
| Luxury | -0.34% | |
| Textiles | -0.13% | |
| Footwear | 0% | |
| Apparel, Accessories and Luxury Goods | -1.56% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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₨45.90 | 2.0% +LK₨649.3m | 27.5% | PE17.1x |