Sri Lankan (CSE) Beverage Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies5
- 7D-0.8%
- 3M10.1%
- 1Y47.3%
- YTD6.6%
In the last week, the Beverage industry is flat overall, with Melstacorp standing out by going down 3.2%. As for the the longer term, the industry is up 47% over the past 12 months. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Sri Lankan Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | LK₨394.3b | LK₨514.3b | LK₨36.5b | 10.8x | 10.8x | 0.8x |
| Sun, 17 Mar 2024 | LK₨380.5b | LK₨514.3b | LK₨36.5b | 10.1x | 10.4x | 0.7x |
| Tue, 13 Feb 2024 | LK₨366.8b | LK₨511.8b | LK₨40.3b | 10.4x | 9.1x | 0.7x |
| Thu, 11 Jan 2024 | LK₨370.8b | LK₨508.9b | LK₨39.3b | 10x | 9.4x | 0.7x |
| Sat, 09 Dec 2023 | LK₨368.1b | LK₨508.9b | LK₨39.3b | 9.6x | 9.4x | 0.7x |
| Mon, 06 Nov 2023 | LK₨357.6b | LK₨512.9b | LK₨46.3b | 9.2x | 7.7x | 0.7x |
| Wed, 04 Oct 2023 | LK₨368.5b | LK₨512.9b | LK₨46.3b | 8.3x | 8x | 0.7x |
| Fri, 01 Sep 2023 | LK₨338.1b | LK₨512.9b | LK₨46.3b | 6.6x | 7.3x | 0.7x |
| Sun, 30 Jul 2023 | LK₨319.3b | LK₨508.2b | LK₨50.4b | 7.4x | 6.3x | 0.6x |
| Tue, 27 Jun 2023 | LK₨300.3b | LK₨643.8b | LK₨51.0b | 8x | 5.9x | 0.5x |
| Thu, 25 May 2023 | LK₨261.7b | LK₨533.7b | LK₨51.6b | 7x | 5.1x | 0.5x |
| Sat, 22 Apr 2023 | LK₨267.9b | LK₨475.9b | LK₨51.7b | 6.7x | 5.2x | 0.6x |
| Mon, 20 Mar 2023 | LK₨271.0b | LK₨475.9b | LK₨51.7b | 6.1x | 5.2x | 0.6x |
| Wed, 15 Feb 2023 | LK₨220.5b | LK₨440.7b | LK₨44.4b | 5.4x | 5x | 0.5x |
| Fri, 13 Jan 2023 | LK₨210.0b | LK₨431.9b | LK₨45.6b | 5.4x | 4.6x | 0.5x |
| Sun, 11 Dec 2022 | LK₨214.3b | LK₨431.9b | LK₨45.6b | 5.7x | 4.7x | 0.5x |
| Tue, 08 Nov 2022 | LK₨205.7b | LK₨375.6b | LK₨37.7b | 7.5x | 5.5x | 0.5x |
| Thu, 06 Oct 2022 | LK₨219.0b | LK₨361.5b | LK₨37.2b | 6.4x | 5.9x | 0.6x |
| Sat, 03 Sep 2022 | LK₨230.8b | LK₨361.5b | LK₨37.2b | 7.3x | 6.2x | 0.6x |
| Mon, 01 Aug 2022 | LK₨191.0b | LK₨315.3b | LK₨27.3b | 7.8x | 7x | 0.6x |
| Wed, 29 Jun 2022 | LK₨182.4b | LK₨342.1b | LK₨26.5b | 7.8x | 6.9x | 0.5x |
| Fri, 27 May 2022 | LK₨193.2b | LK₨328.1b | LK₨23.5b | 8.6x | 8.2x | 0.6x |
| Sun, 24 Apr 2022 | LK₨188.4b | LK₨282.1b | LK₨22.3b | 8.4x | 8.4x | 0.7x |
| Tue, 22 Mar 2022 | LK₨229.3b | LK₨282.1b | LK₨22.3b | 9.6x | 10.3x | 0.8x |
| Thu, 17 Feb 2022 | LK₨260.3b | LK₨267.8b | LK₨20.9b | 10.6x | 12.5x | 1x |
| Sat, 15 Jan 2022 | LK₨262.4b | LK₨259.4b | LK₨20.2b | 13.2x | 13x | 1x |
| Mon, 13 Dec 2021 | LK₨254.6b | LK₨259.4b | LK₨20.2b | 13.5x | 12.6x | 1x |
| Wed, 10 Nov 2021 | LK₨262.3b | LK₨266.6b | LK₨20.1b | 10.9x | 13.1x | 1x |
| Fri, 08 Oct 2021 | LK₨269.6b | LK₨267.3b | LK₨21.0b | 11.4x | 12.9x | 1x |
| Sun, 05 Sep 2021 | LK₨268.9b | LK₨267.3b | LK₨21.0b | 11.1x | 12.8x | 1x |
| Tue, 03 Aug 2021 | LK₨273.1b | LK₨267.3b | LK₨21.0b | 12x | 13x | 1x |
| Fri, 07 May 2021 | LK₨262.0b | LK₨245.2b | LK₨18.2b | 13x | 14.4x | 1.1x |
Price to Earnings Ratio
14.4x
Current Industry PE
- Investors are optimistic on the Sri Lankan Beverage industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.8x which is higher than its 3-year average PE of 8.8x.
- The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 28% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Sri Lankan Consumer Staples industry?
| LK Market | -0.71% | |
| Consumer Staples | -0.78% | |
| Beverage | -0.76% | |
| Brewers | 1.62% | |
| Distillers and Wine Makers | -1.51% | |
| Soft Drinks | -2.48% | |
Industry PE
- Investors are most optimistic about the Soft Drinks industry even though it's trading below its 3-year average PE ratio of 18.0x.
- Analysts are expecting annual earnings growth of 15.8%, which is lower than the prior year's growth of 45.3% per year.
- Investors are most pessimistic about the Brewers industry, which is trading close to its 3-year average of 10.4x.
Forecasted Growth
- Analysts are most optimistic on the Soft Drinks industry, expecting annual earnings growth of 16% over the next 5 years.
- However this is lower than its past earnings growth rate of 45% per year.
- In contrast, the Soft Drinks industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| LION.N0000 Lion Brewery (Ceylon) | LK₨1.02k | 2.3% +LK₨1.8b | 45.9% | PE10.8x |