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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jun 2023LK₨260.3bLK₨533.7bLK₨51.6b7.1x5x0.5x
Sat, 29 Apr 2023LK₨266.8bLK₨475.9bLK₨51.7b6.7x5.2x0.6x
Mon, 27 Mar 2023LK₨280.9bLK₨475.9bLK₨51.7b6.1x5.4x0.6x
Wed, 22 Feb 2023LK₨248.5bLK₨475.9bLK₨51.7b5.3x4.8x0.5x
Fri, 20 Jan 2023LK₨215.5bLK₨431.9bLK₨45.6b5.4x4.7x0.5x
Sun, 18 Dec 2022LK₨212.5bLK₨431.9bLK₨45.6b5.4x4.7x0.5x
Tue, 15 Nov 2022LK₨208.8bLK₨375.6bLK₨37.7b7.6x5.5x0.6x
Thu, 13 Oct 2022LK₨216.0bLK₨361.5bLK₨37.2b6.7x5.8x0.6x
Sat, 10 Sep 2022LK₨243.6bLK₨361.5bLK₨37.2b7.3x6.6x0.7x
Mon, 08 Aug 2022LK₨199.1bLK₨315.3bLK₨27.3b7.8x7.3x0.6x
Wed, 06 Jul 2022LK₨183.5bLK₨342.1bLK₨26.5b7.8x6.9x0.5x
Fri, 03 Jun 2022LK₨194.4bLK₨418.8bLK₨26.5b8.2x7.3x0.5x
Sun, 01 May 2022LK₨179.6bLK₨282.1bLK₨22.3b8x8.1x0.6x
Tue, 29 Mar 2022LK₨221.1bLK₨282.1bLK₨22.3b9.6x9.9x0.8x
Thu, 24 Feb 2022LK₨248.2bLK₨282.1bLK₨22.3b10.7x11.1x0.9x
Sat, 22 Jan 2022LK₨265.1bLK₨259.4bLK₨20.2b12.7x13.1x1x
Mon, 20 Dec 2021LK₨252.2bLK₨259.4bLK₨20.2b13.9x12.5x1x
Wed, 17 Nov 2021LK₨259.2bLK₨258.7bLK₨19.2b12.4x13.5x1x
Fri, 15 Oct 2021LK₨268.3bLK₨267.3bLK₨21.0b11.1x12.8x1x
Sun, 12 Sep 2021LK₨265.6bLK₨267.3bLK₨21.0b11.2x12.7x1x
Tue, 10 Aug 2021LK₨267.9bLK₨267.3bLK₨21.0b11.9x12.8x1x
Mon, 03 May 2021LK₨262.0bLK₨245.2bLK₨18.2b13x14.4x1.1x
Thu, 04 Feb 2021LK₨317.0bLK₨297.7bLK₨15.8b19.9x20.1x1.1x
Sun, 08 Nov 2020LK₨240.8bLK₨298.3bLK₨15.2b12.6x15.9x0.8x
Sat, 01 Aug 2020LK₨227.0bLK₨290.4bLK₨11.8b15.2x19.2x0.8x
Price to Earnings Ratio

14.3x


Total Market Cap: LK₨227.1bTotal Earnings: LK₨15.9bTotal Revenue: LK₨316.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Beverage Industry Price to Earnings3Y Average 11.5x202120222023
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?

CompanyLast Price7D1YValuation
DIST.N0000 Distilleries Company of Sri LankaLK₨18.603.9%
+LK₨3.2b
31.0%PE5.3x
BREW.N0000 Ceylon Beverage HoldingsLK₨1.15k4.5%
+LK₨1.0b
76.9%PE7.1x
LION.N0000 Lion Brewery (Ceylon)LK₨705.000.7%
+LK₨400.0m
38.2%PE8.1x
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Latest News

CCS.N0000

LK₨38.10

Ceylon Cold Stores

7D

-2.3%

1Y

46.5%

LION.N0000

LK₨705.00

Lion Brewery (Ceylon)

7D

0.7%

1Y

38.2%

BREW.N0000

LK₨1,150.00

Ceylon Beverage Holdings

7D

4.5%

1Y

76.9%

DIST.N0000

LK₨18.60

Distilleries Company of Sri Lanka

7D

3.9%

1Y

31.0%

MELS.N0000

LK₨53.00

Melstacorp

7D

-0.7%

1Y

23.3%