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Sri Lankan (CSE) Food Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies37
  • 7D10.7%
  • 3M22.9%
  • 1Y78.7%
  • YTD48.9%

Over the last 7 days, the Food industry has risen 11%, driven by gains from Browns Investments of 24%. This takes the industry's 12 month performance to a gain of 79%.

Industry Valuation and Performance

Has the Sri Lankan Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021LK₨530.0bLK₨456.3bLK₨29.6b9.4x
Wed, 27 Oct 2021LK₨448.6bLK₨431.1bLK₨26.3b7.6x
Fri, 24 Sep 2021LK₨413.6bLK₨431.1bLK₨26.3b7.3x
Sun, 22 Aug 2021LK₨383.1bLK₨430.3bLK₨26.7b7.6x
Fri, 09 Jul 2021LK₨365.8bLK₨430.3bLK₨26.7b7.8x
Thu, 01 Apr 2021LK₨347.2bLK₨385.6bLK₨23.9b7.3x
Sun, 03 Jan 2021LK₨341.2bLK₨361.4bLK₨10.9b9.9x
Wed, 07 Oct 2020LK₨307.4bLK₨342.3bLK₨4.8b8.6x
Tue, 30 Jun 2020LK₨193.0bLK₨331.5bLK₨323.9m7.1x
Fri, 03 Apr 2020LK₨176.5bLK₨341.7bLK₨10.0b5.2x
Mon, 06 Jan 2020LK₨232.0bLK₨356.7bLK₨13.9b7.4x
Thu, 10 Oct 2019LK₨219.7bLK₨354.8bLK₨16.0b6.9x
Wed, 03 Jul 2019LK₨205.9bLK₨346.7bLK₨16.1b6.9x
Sat, 06 Apr 2019LK₨218.5bLK₨343.9bLK₨6.0b8.8x
Tue, 08 Jan 2019LK₨228.9bLK₨344.2bLK₨12.1b8.5x
PE Ratio

8.1x

Total Market Cap: LK₨226.2bTotal Earnings: LK₨11.3bTotal Revenue: LK₨334.6b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 7.8x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Food industry have grown 38% per year over the last three years, and revenues for these companies have grown 11% 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 Food industry?

Packaged Foods and Meats11.12%
Agricultural Products9.43%

Industry PE: Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 8.7x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Agricultural Products industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 7.0x.

Forecasted Growth: Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 30% over the next 5 years. However this is lower than its past earnings growth rate of 127% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
BIL.N0000 Browns Investments23.9%+LK₨37.4b440.0%PS15.8x
WATA.N0000 Watawala Plantations18.9%+LK₨3.9b106.0%PE9.2x
AGAL.N0000 Agalawatte Plantations39.5%+LK₨2.2b154.4%PE6.9x
SUN.N0000 Sunshine Holdings14.0%+LK₨2.2b58.3%PE8.6x
NAMU.N0000 Namunukula Plantations10.8%+LK₨843.1m109.2%PE6.5x
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