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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?

DateMarket CapRevenueEarningsPE
Fri, 27 May 2022LK₨193.2bLK₨328.1bLK₨23.5b8.6x
Sun, 24 Apr 2022LK₨188.4bLK₨282.1bLK₨22.3b8.4x
Tue, 22 Mar 2022LK₨229.3bLK₨282.1bLK₨22.3b9.6x
Thu, 17 Feb 2022LK₨260.3bLK₨267.8bLK₨20.9b10.6x
Sat, 15 Jan 2022LK₨262.4bLK₨259.4bLK₨20.2b13.2x
Mon, 13 Dec 2021LK₨254.6bLK₨259.4bLK₨20.2b13.5x
Wed, 10 Nov 2021LK₨262.3bLK₨266.6bLK₨20.1b10.9x
Fri, 08 Oct 2021LK₨269.6bLK₨267.3bLK₨21.0b11.4x
Sun, 05 Sep 2021LK₨268.9bLK₨267.3bLK₨21.0b11.1x
Tue, 03 Aug 2021LK₨273.1bLK₨267.3bLK₨21.0b12x
Fri, 07 May 2021LK₨262.0bLK₨245.2bLK₨18.2b13x
Mon, 08 Feb 2021LK₨317.0bLK₨297.7bLK₨15.8b19.9x
Sun, 01 Nov 2020LK₨240.8bLK₨298.3bLK₨15.2b12.6x
Wed, 05 Aug 2020LK₨227.0bLK₨290.4bLK₨11.8b15.2x
Sat, 09 May 2020LK₨207.9bLK₨316.7bLK₨15.9b11.4x
Fri, 31 Jan 2020LK₨268.6bLK₨326.2bLK₨17.6b13.3x
Mon, 04 Nov 2019LK₨273.8bLK₨322.4bLK₨18.3b13.1x
Thu, 08 Aug 2019LK₨263.8bLK₨315.7bLK₨18.4b13x
Median PE Ratio

12.2x


Total Market Cap: LK₨226.6bTotal Earnings: LK₨17.2bTotal Revenue: LK₨305.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Beverage Industry Median PE3Y Average 13.1x202020212022
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 Market0.43%
Consumer Staples2.33%
Beverage1.37%
Brewers4.74%
Distillers and Wine Makers0.21%
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?

    CompanyLast Price7D1YValuation
    BREW.N0000 Ceylon Beverage HoldingsLK₨650.0022.1%
    +LK₨2.5b
    -13.3%PS6.6x
    MELS.N0000 MelstacorpLK₨40.501.3%
    +LK₨582.7m
    -12.9%PS5.8x
    Simply Wall St
    Simply Wall Street Pty Ltd
    17-21 Bellevue Street, Surry Hills, Sydney
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