Sri Lankan (CSE) Beverage Industry Analysis
UpdatedMay 26, 2022
DataAggregated Company Financials
Companies5
- 7D1.4%
- 3M-21.2%
- 1Y-25.9%
- YTD-24.6%
Over the last 7 days, the Beverage industry has dropped 2.3%, driven by a pullback from Ceylon Cold Stores of 0.4%. In contrast, Ceylon Beverage Holdings has gained 22%. However, the industry is down 28% over the past year. In the next few years, earnings are forecast to decline by 1.2% annually.
Industry Valuation and Performance
Has the Sri Lankan Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 27 May 2022 | LK₨193.2b | LK₨328.1b | LK₨23.5b | 8.6x |
| Sun, 24 Apr 2022 | LK₨188.4b | LK₨282.1b | LK₨22.3b | 8.4x |
| Tue, 22 Mar 2022 | LK₨229.3b | LK₨282.1b | LK₨22.3b | 9.6x |
| Thu, 17 Feb 2022 | LK₨260.3b | LK₨267.8b | LK₨20.9b | 10.6x |
| Sat, 15 Jan 2022 | LK₨262.4b | LK₨259.4b | LK₨20.2b | 13.2x |
| Mon, 13 Dec 2021 | LK₨254.6b | LK₨259.4b | LK₨20.2b | 13.5x |
| Wed, 10 Nov 2021 | LK₨262.3b | LK₨266.6b | LK₨20.1b | 10.9x |
| Fri, 08 Oct 2021 | LK₨269.6b | LK₨267.3b | LK₨21.0b | 11.4x |
| Sun, 05 Sep 2021 | LK₨268.9b | LK₨267.3b | LK₨21.0b | 11.1x |
| Tue, 03 Aug 2021 | LK₨273.1b | LK₨267.3b | LK₨21.0b | 12x |
| Fri, 07 May 2021 | LK₨262.0b | LK₨245.2b | LK₨18.2b | 13x |
| Mon, 08 Feb 2021 | LK₨317.0b | LK₨297.7b | LK₨15.8b | 19.9x |
| Sun, 01 Nov 2020 | LK₨240.8b | LK₨298.3b | LK₨15.2b | 12.6x |
| Wed, 05 Aug 2020 | LK₨227.0b | LK₨290.4b | LK₨11.8b | 15.2x |
| Sat, 09 May 2020 | LK₨207.9b | LK₨316.7b | LK₨15.9b | 11.4x |
| Fri, 31 Jan 2020 | LK₨268.6b | LK₨326.2b | LK₨17.6b | 13.3x |
| Mon, 04 Nov 2019 | LK₨273.8b | LK₨322.4b | LK₨18.3b | 13.1x |
| Thu, 08 Aug 2019 | LK₨263.8b | LK₨315.7b | LK₨18.4b | 13x |
Median PE Ratio
12.2x
Current Industry PE
- Investors are more pessimistic on the 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 8.7x which is lower than its 3-year average PE of 13.1x.
- Given that earnings are expected to decline by 1.2%, the lower than average PE seems justified.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 2.4% 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 | 0.43% | |
| Consumer Staples | 2.33% | |
| Beverage | 1.37% | |
| Brewers | 4.74% | |
| Distillers and Wine Makers | 0.21% | |
| Soft Drinks | -0.37% | |
Industry PE
- Investors are most optimistic about the Soft Drinks industry even though it's trading below its 3-year average PE ratio of 33.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Distillers and Wine Makers industry, which is trading below its 3-year average of 11.5x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Brewers industry since they expect its earnings to decline by only 1.2% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 57% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BREW.N0000 Ceylon Beverage Holdings | LK₨650.00 | 22.1% +LK₨2.5b | -13.3% | PS6.6x | |
| MELS.N0000 Melstacorp | LK₨40.50 | 1.3% +LK₨582.7m | -12.9% | PS5.8x |