Header cover image

Sri Lankan (CSE) Food Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies37
  • 7D-0.5%
  • 3M-2.9%
  • 1Y-7.8%
  • YTD-1.3%

Last week, the Food industry hasn't moved much but Lanka Milk Foods (CWE) is up 6.1% in that time. Unfortunately though, the industry is down 7.8% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024LK₨346.8bLK₨918.4bLK₨49.0b6.7x7.1x0.4x
Mon, 22 Jan 2024LK₨409.5bLK₨1.0tLK₨35.0b6.1x11.7x0.4x
Wed, 20 Dec 2023LK₨413.0bLK₨1.0tLK₨23.6b6.2x17.5x0.4x
Fri, 17 Nov 2023LK₨420.4bLK₨1.1tLK₨27.7b6x15.2x0.4x
Sun, 15 Oct 2023LK₨423.9bLK₨1.1tLK₨35.4b5.9x12x0.4x
Tue, 12 Sep 2023LK₨438.5bLK₨1.1tLK₨33.7b5.9x13x0.4x
Thu, 10 Aug 2023LK₨450.7bLK₨1.1tLK₨67.4b4.4x6.7x0.4x
Sat, 08 Jul 2023LK₨443.9bLK₨1.1tLK₨69.6b4.4x6.4x0.4x
Mon, 05 Jun 2023LK₨406.6bLK₨1.1tLK₨69.2b4.1x5.9x0.4x
Wed, 03 May 2023LK₨414.9bLK₨1.0tLK₨118.7b3.2x3.5x0.4x
Fri, 31 Mar 2023LK₨429.6bLK₨1.0tLK₨118.7b3.3x3.6x0.4x
Sun, 26 Feb 2023LK₨433.4bLK₨1.0tLK₨118.9b3.7x3.6x0.4x
Tue, 24 Jan 2023LK₨427.8bLK₨927.0bLK₨122.2b4x3.5x0.5x
Thu, 22 Dec 2022LK₨409.7bLK₨925.8bLK₨122.5b3.8x3.3x0.4x
Sat, 19 Nov 2022LK₨373.8bLK₨918.8bLK₨119.2b3.7x3.1x0.4x
Mon, 17 Oct 2022LK₨439.0bLK₨765.7bLK₨107.2b4.9x4.1x0.6x
Wed, 14 Sep 2022LK₨490.2bLK₨765.7bLK₨107.2b5.3x4.6x0.6x
Fri, 12 Aug 2022LK₨430.7bLK₨647.1bLK₨81.6b6.1x5.3x0.7x
Sun, 10 Jul 2022LK₨355.3bLK₨626.9bLK₨78.1b4.4x4.6x0.6x
Tue, 07 Jun 2022LK₨412.7bLK₨626.4bLK₨77.8b5x5.3x0.7x
Thu, 05 May 2022LK₨362.3bLK₨497.4bLK₨33.0b6.7x11x0.7x
Sat, 02 Apr 2022LK₨381.0bLK₨497.4bLK₨33.0b8x11.6x0.8x
Mon, 28 Feb 2022LK₨502.6bLK₨497.5bLK₨33.0b8.5x15.2x1x
Wed, 26 Jan 2022LK₨645.1bLK₨456.5bLK₨29.6b11.5x21.8x1.4x
Fri, 24 Dec 2021LK₨544.3bLK₨456.3bLK₨29.6b9x18.4x1.2x
Sun, 21 Nov 2021LK₨476.6bLK₨455.8bLK₨29.7b7.8x16x1x
Tue, 19 Oct 2021LK₨440.8bLK₨431.1bLK₨26.3b7.5x16.8x1x
Thu, 16 Sep 2021LK₨421.5bLK₨431.1bLK₨26.3b7.3x16x1x
Sat, 14 Aug 2021LK₨376.6bLK₨430.3bLK₨26.7b7.7x14.1x0.9x
Wed, 09 Jun 2021LK₨351.1bLK₨385.6bLK₨23.9b7.4x14.7x0.9x
Tue, 02 Mar 2021LK₨354.3bLK₨361.4bLK₨10.9b9.6x32.6x1x
Price to Earnings Ratio

32.6x


Total Market Cap: LK₨354.3bTotal Earnings: LK₨10.9bTotal Revenue: LK₨361.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Food Industry Price to Earnings3Y Average 11.1x202220232024
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 7.1x which is lower than its 3-year average PE of 11.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 65% per year over the last three years.
  • Revenues for these companies have grown 36% 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 Market1.19%
Consumer Staples1.38%
Food-0.52%
Packaged Foods and Meats-0.44%
Agricultural Products-0.66%
Industry PE
  • Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 6.4x.
    • 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 15.4x.
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?

CompanyLast Price7D1YValuation
LMF.N0000 Lanka Milk Foods (CWE)LK₨24.306.1%
+LK₨560.0m
72.3%PE4.8x
WATA.N0000 Watawala PlantationsLK₨77.001.3%
+LK₨203.3m
7.1%PE8x
CARS.N0000 Carson CumberbatchLK₨251.000.4%
+LK₨196.4m
-10.0%PE6.7x
BFL.N0000 Bairaha FarmsLK₨169.755.8%
+LK₨162.8m
20.6%PE49.4x
TPL.N0000 Talawakelle Tea EstatesLK₨107.502.4%
+LK₨118.8m
19.7%PE2.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

WATA.N0000

LK₨77.00

Watawala Plantations

7D

1.3%

1Y

7.1%

CTEA.N0000

LK₨999.75

Dilmah Ceylon Tea

7D

-1.4%

1Y

-3.8%

LMF.N0000

LK₨24.30

Lanka Milk Foods (CWE)

7D

6.1%

1Y

72.3%

BIL.N0000

LK₨4.20

Browns Investments

7D

-2.3%

1Y

-31.1%

HPL.N0000

LK₨26.00

Hatton Plantations

7D

-3.3%

1Y

7.9%

NAMU.N0000

LK₨340.00

Namunukula Plantations

7D

-3.1%

1Y

-5.8%

CARS.N0000

LK₨251.00

Carson Cumberbatch

7D

0.4%

1Y

-10.0%

ELPL.N0000

LK₨90.00

Elpitiya Plantations

7D

1.2%

1Y

9.5%

KOTA.N0000

LK₨5.90

Kotagala Plantations

7D

-3.3%

1Y

-16.9%

SUN.N0000

LK₨54.00

Sunshine Holdings

7D

-1.6%

1Y

28.3%

LDEV.N0000

LK₨15.60

Lankem Developments

7D

-3.1%

1Y

-50.3%

TPL.N0000

LK₨107.50

Talawakelle Tea Estates

7D

2.4%

1Y

19.7%

TAFL.N0000

LK₨240.25

Three Acre Farms

7D

1.9%

1Y

85.9%

BFL.N0000

LK₨169.75

Bairaha Farms

7D

5.8%

1Y

20.6%