Sri Lankan (CSE) Beverage Industry Analysis
UpdatedJun 01, 2023
DataAggregated Company Financials
Companies5
- 7D-1.3%
- 3M0.008%
- 1Y32.8%
- YTD22.5%
Over the last 7 days, the Beverage industry has dropped 1.3%, driven by declines in Distilleries Company of Sri Lanka and Lion Brewery (Ceylon) of 1.7% and 2.1%, respectively. In the past year, the industry has gained 33%. Looking forward, earnings are forecast to grow by 21% 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 |
|---|---|---|---|---|---|---|
| Thu, 01 Jun 2023 | LK₨260.3b | LK₨533.7b | LK₨51.6b | 7.1x | 5x | 0.5x |
| Sat, 29 Apr 2023 | LK₨266.8b | LK₨475.9b | LK₨51.7b | 6.7x | 5.2x | 0.6x |
| Mon, 27 Mar 2023 | LK₨280.9b | LK₨475.9b | LK₨51.7b | 6.1x | 5.4x | 0.6x |
| Wed, 22 Feb 2023 | LK₨248.5b | LK₨475.9b | LK₨51.7b | 5.3x | 4.8x | 0.5x |
| Fri, 20 Jan 2023 | LK₨215.5b | LK₨431.9b | LK₨45.6b | 5.4x | 4.7x | 0.5x |
| Sun, 18 Dec 2022 | LK₨212.5b | LK₨431.9b | LK₨45.6b | 5.4x | 4.7x | 0.5x |
| Tue, 15 Nov 2022 | LK₨208.8b | LK₨375.6b | LK₨37.7b | 7.6x | 5.5x | 0.6x |
| Thu, 13 Oct 2022 | LK₨216.0b | LK₨361.5b | LK₨37.2b | 6.7x | 5.8x | 0.6x |
| Sat, 10 Sep 2022 | LK₨243.6b | LK₨361.5b | LK₨37.2b | 7.3x | 6.6x | 0.7x |
| Mon, 08 Aug 2022 | LK₨199.1b | LK₨315.3b | LK₨27.3b | 7.8x | 7.3x | 0.6x |
| Wed, 06 Jul 2022 | LK₨183.5b | LK₨342.1b | LK₨26.5b | 7.8x | 6.9x | 0.5x |
| Fri, 03 Jun 2022 | LK₨194.4b | LK₨418.8b | LK₨26.5b | 8.2x | 7.3x | 0.5x |
| Sun, 01 May 2022 | LK₨179.6b | LK₨282.1b | LK₨22.3b | 8x | 8.1x | 0.6x |
| Tue, 29 Mar 2022 | LK₨221.1b | LK₨282.1b | LK₨22.3b | 9.6x | 9.9x | 0.8x |
| Thu, 24 Feb 2022 | LK₨248.2b | LK₨282.1b | LK₨22.3b | 10.7x | 11.1x | 0.9x |
| Sat, 22 Jan 2022 | LK₨265.1b | LK₨259.4b | LK₨20.2b | 12.7x | 13.1x | 1x |
| Mon, 20 Dec 2021 | LK₨252.2b | LK₨259.4b | LK₨20.2b | 13.9x | 12.5x | 1x |
| Wed, 17 Nov 2021 | LK₨259.2b | LK₨258.7b | LK₨19.2b | 12.4x | 13.5x | 1x |
| Fri, 15 Oct 2021 | LK₨268.3b | LK₨267.3b | LK₨21.0b | 11.1x | 12.8x | 1x |
| Sun, 12 Sep 2021 | LK₨265.6b | LK₨267.3b | LK₨21.0b | 11.2x | 12.7x | 1x |
| Tue, 10 Aug 2021 | LK₨267.9b | LK₨267.3b | LK₨21.0b | 11.9x | 12.8x | 1x |
| Mon, 03 May 2021 | LK₨262.0b | LK₨245.2b | LK₨18.2b | 13x | 14.4x | 1.1x |
| Thu, 04 Feb 2021 | LK₨317.0b | LK₨297.7b | LK₨15.8b | 19.9x | 20.1x | 1.1x |
| Sun, 08 Nov 2020 | LK₨240.8b | LK₨298.3b | LK₨15.2b | 12.6x | 15.9x | 0.8x |
| Sat, 01 Aug 2020 | LK₨227.0b | LK₨290.4b | LK₨11.8b | 15.2x | 19.2x | 0.8x |
Price to Earnings Ratio
14.3x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Beverage industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 5.0x which is lower than its 3-year average PE of 11.5x.
- The industry is trading close to its 3-year average PS ratio of 0.79x.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 48% per year over the last three years.
- Revenues for these companies have grown 19% 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 | -2.53% | |
| Consumer Staples | -2.27% | |
| Beverage | -1.28% | |
| Soft Drinks | -1.04% | |
| Brewers | -1.09% | |
| Distillers and Wine Makers | -1.43% | |
Industry PE
- Investors are most optimistic about the Soft Drinks industry even though it's trading below its 3-year average PE ratio of 23.1x.
- Analysts are expecting annual earnings growth of 24.2%, which is higher than its past year's earnings growth of 21.5% per year.
- Investors are most pessimistic about the Distillers and Wine Makers industry, which is trading below its 3-year average of 9.3x.
Forecasted Growth
- Analysts are most optimistic on the Soft Drinks industry, expecting annual earnings growth of 24% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Brewers industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| DIST.N0000 Distilleries Company of Sri Lanka | LK₨18.60 | 3.9% +LK₨3.2b | 31.0% | PE5.3x | |
| BREW.N0000 Ceylon Beverage Holdings | LK₨1.15k | 4.5% +LK₨1.0b | 76.9% | PE7.1x | |
| LION.N0000 Lion Brewery (Ceylon) | LK₨705.00 | 0.7% +LK₨400.0m | 38.2% | PE8.1x |