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Sri Lankan (CSE) Food Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies38
- 7D-2.4%
- 3M13.7%
- 1Y20.8%
- YTD22.3%
Over the last 7 days, the Food industry has dropped 2.4%, driven by a pullback from Browns Investments of 7.7%. Meanwhile, Kotmale Holdings actually outperformed within the industry, gaining 11% in the last week. This takes the industry's 12 month performance to a gain of 21%.
Industry Valuation and Performance
Has the Sri Lankan Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | LK₨432.7b | LK₨952.8b | LK₨96.9b | 6.2x | 4.5x | 0.5x |
| Tue, 22 Oct 2024 | LK₨409.4b | LK₨928.4b | LK₨62.3b | 6.4x | 6.6x | 0.4x |
| Thu, 19 Sep 2024 | LK₨372.1b | LK₨928.4b | LK₨62.3b | 5.2x | 6x | 0.4x |
| Sat, 17 Aug 2024 | LK₨384.4b | LK₨928.3b | LK₨62.1b | 5.5x | 6.2x | 0.4x |
| Mon, 15 Jul 2024 | LK₨390.4b | LK₨915.3b | LK₨56.8b | 6.7x | 6.9x | 0.4x |
| Wed, 12 Jun 2024 | LK₨403.7b | LK₨915.3b | LK₨56.8b | 7x | 7.1x | 0.4x |
| Fri, 10 May 2024 | LK₨405.6b | LK₨919.0b | LK₨50.5b | 7x | 8x | 0.4x |
| Sun, 07 Apr 2024 | LK₨377.5b | LK₨918.8b | LK₨50.3b | 6.8x | 7.5x | 0.4x |
| Tue, 05 Mar 2024 | LK₨358.1b | LK₨911.9b | LK₨48.5b | 7x | 7.4x | 0.4x |
| Thu, 01 Feb 2024 | LK₨405.7b | LK₨1.0t | LK₨35.2b | 6.3x | 11.5x | 0.4x |
| Sat, 30 Dec 2023 | LK₨411.0b | LK₨1.0t | LK₨23.6b | 6.5x | 17.4x | 0.4x |
| Mon, 27 Nov 2023 | LK₨417.0b | LK₨1.0t | LK₨23.6b | 6.3x | 17.6x | 0.4x |
| Wed, 25 Oct 2023 | LK₨417.1b | LK₨1.1t | LK₨35.4b | 5.9x | 11.8x | 0.4x |
| Fri, 22 Sep 2023 | LK₨434.3b | LK₨1.1t | LK₨35.4b | 5.9x | 12.3x | 0.4x |
| Sun, 20 Aug 2023 | LK₨440.8b | LK₨1.1t | LK₨41.9b | 5.3x | 10.5x | 0.4x |
| Tue, 18 Jul 2023 | LK₨453.5b | LK₨1.1t | LK₨69.6b | 4.7x | 6.5x | 0.4x |
| Thu, 15 Jun 2023 | LK₨419.4b | LK₨1.1t | LK₨69.3b | 4.4x | 6.1x | 0.4x |
| Sat, 13 May 2023 | LK₨410.9b | LK₨1.0t | LK₨123.4b | 3.3x | 3.3x | 0.4x |
| Mon, 10 Apr 2023 | LK₨421.4b | LK₨1.0t | LK₨118.7b | 3.2x | 3.6x | 0.4x |
| Wed, 08 Mar 2023 | LK₨433.7b | LK₨1.0t | LK₨118.7b | 3.6x | 3.7x | 0.4x |
| Fri, 03 Feb 2023 | LK₨417.6b | LK₨929.3b | LK₨121.8b | 3.9x | 3.4x | 0.4x |
| Sun, 01 Jan 2023 | LK₨419.7b | LK₨925.8b | LK₨122.5b | 3.6x | 3.4x | 0.5x |
| Tue, 29 Nov 2022 | LK₨406.4b | LK₨925.8b | LK₨122.5b | 3.6x | 3.3x | 0.4x |
| Thu, 27 Oct 2022 | LK₨425.7b | LK₨765.7b | LK₨107.2b | 4.9x | 4x | 0.6x |
| Sat, 24 Sep 2022 | LK₨485.4b | LK₨765.7b | LK₨107.2b | 5.2x | 4.5x | 0.6x |
| Mon, 22 Aug 2022 | LK₨470.1b | LK₨765.7b | LK₨107.2b | 4.9x | 4.4x | 0.6x |
| Wed, 20 Jul 2022 | LK₨394.5b | LK₨627.6b | LK₨78.1b | 4.8x | 5x | 0.6x |
| Fri, 17 Jun 2022 | LK₨406.5b | LK₨626.9b | LK₨78.1b | 5.2x | 5.2x | 0.6x |
| Sun, 15 May 2022 | LK₨388.3b | LK₨501.5b | LK₨31.0b | 7.9x | 12.5x | 0.8x |
| Tue, 12 Apr 2022 | LK₨369.4b | LK₨497.4b | LK₨33.0b | 8x | 11.2x | 0.7x |
| Thu, 10 Mar 2022 | LK₨461.6b | LK₨497.4b | LK₨33.0b | 8x | 14x | 0.9x |
| Sat, 05 Feb 2022 | LK₨610.2b | LK₨458.0b | LK₨29.7b | 10.6x | 20.6x | 1.3x |
| Mon, 03 Jan 2022 | LK₨598.0b | LK₨456.3b | LK₨29.6b | 10x | 20.2x | 1.3x |
| Wed, 01 Dec 2021 | LK₨534.2b | LK₨456.3b | LK₨29.6b | 8.9x | 18.1x | 1.2x |
Price to Earnings Ratio
18.1x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Food 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 4.5x which is lower than its 3-year average PE of 8.6x.
- The industry is trading close to its 3-year average PS ratio of 0.56x.
Past Earnings Growth
- The earnings for companies in the Food industry have grown 48% per year over the last three years.
- Revenues for these companies have grown 28% 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 | -1.56% | |
| Consumer Staples | -0.79% | |
| Food | -2.36% | |
| Packaged Foods and Meats | -1.81% | |
| Agricultural Products | -3.35% | |
Industry PE
- Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 6.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading below its 3-year average of 11.2x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LAMB.N0000 Kotmale Holdings | LK₨409.00 | 11.1% +LK₨1.3b | -2.2% | PE20.8x | |
| MAL.N0000 Malwatte Valley Plantations | LK₨65.00 | 2.0% +LK₨290.0m | 8.3% | PE49.5x | |
| LMF.N0000 Lanka Milk Foods (CWE) | LK₨32.60 | 2.2% +LK₨280.0m | 42.4% | PE8.7x | |
| BOPL.N0000 Bogawantalawa Tea Estates | LK₨52.50 | 5.8% +LK₨242.9m | 41.9% | PE4x | |
| MASK.N0000 Maskeliya Plantations | LK₨73.10 | 6.1% +LK₨226.6m | 122.2% | PE3.7x |