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Sri Lankan (CSE) Financials Sector Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies65
  • 7D2.1%
  • 3M-2.4%
  • 1Y-48.2%
  • YTD-51.6%

In the last week, the Financials industry is up 2.1%, with LOLC Holdings up 5.2%. However, the industry is down 48% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

Has the Sri Lankan Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022LK₨992.3bLK₨799.0bLK₨210.3b6.2x4.7x1.2x
Wed, 26 Oct 2022LK₨1.1tLK₨819.8bLK₨218.1b6.8x4.8x1.3x
Fri, 23 Sep 2022LK₨1.2tLK₨818.9bLK₨217.8b7x5.5x1.5x
Sun, 21 Aug 2022LK₨1.1tLK₨818.3bLK₨217.2b5.7x4.9x1.3x
Tue, 19 Jul 2022LK₨921.5bLK₨780.9bLK₨217.6b5.8x4.2x1.2x
Thu, 16 Jun 2022LK₨1.1tLK₨777.8bLK₨217.4b6x5x1.4x
Sat, 14 May 2022LK₨1.2tLK₨729.5bLK₨190.5b6.4x6.3x1.6x
Mon, 11 Apr 2022LK₨1.2tLK₨731.3bLK₨190.1b6.4x6.2x1.6x
Wed, 09 Mar 2022LK₨1.7tLK₨731.6bLK₨190.2b8.8x8.9x2.3x
Fri, 04 Feb 2022LK₨1.9tLK₨699.4bLK₨170.3b10.6x11x2.7x
Sun, 02 Jan 2022LK₨1.7tLK₨683.1bLK₨165.8b10.8x10.5x2.6x
Tue, 30 Nov 2021LK₨1.8tLK₨675.9bLK₨165.2b8.4x10.7x2.6x
Thu, 28 Oct 2021LK₨1.5tLK₨662.0bLK₨148.3b6.8x9.9x2.2x
Sat, 25 Sep 2021LK₨1.2tLK₨659.8bLK₨147.3b6.8x8x1.8x
Mon, 23 Aug 2021LK₨1.2tLK₨665.9bLK₨148.6b6.9x7.9x1.8x
Sat, 10 Jul 2021LK₨1.1tLK₨665.9bLK₨148.6b7x7.4x1.7x
Fri, 02 Apr 2021LK₨860.9bLK₨612.3bLK₨150.3b6.7x5.7x1.4x
Mon, 04 Jan 2021LK₨727.5bLK₨568.9bLK₨110.0b7.8x6.6x1.3x
Thu, 08 Oct 2020LK₨717.8bLK₨561.6bLK₨106.6b8.4x6.7x1.3x
Wed, 01 Jul 2020LK₨654.4bLK₨561.7bLK₨99.4b7.7x6.6x1.2x
Sat, 04 Apr 2020LK₨546.5bLK₨572.5bLK₨103.4b6.5x5.3x1x
Tue, 07 Jan 2020LK₨789.6bLK₨569.2bLK₨100.6b8.7x7.8x1.4x
Price to Earnings Ratio

8.6x


Total Market Cap: LK₨773.3bTotal Earnings: LK₨89.9bTotal Revenue: LK₨575.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Financials Sector Price to Earnings3Y Average 7x202020212022
Current Industry PE
  • Investors are pessimistic on the Sri Lankan Financials 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 4.7x which is lower than its 3-year average PE of 7.0x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 33% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Financials sector?

LK Market4.82%
Financials2.14%
Capital Markets6.23%
Insurance4.26%
Banks2.23%
Consumer Finance1.40%
Diversified Financial0.55%
Mortgage REITs0%
Mortgage Finance-6.54%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 14.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 4.5x.
Forecasted Growth
  • Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
LOLC.N0000 LOLC HoldingsLK₨340.255.2%
+LK₨8.0b
-63.3%PE2.4x
CINS.N0000 Ceylinco InsuranceLK₨2.10k7.5%
+LK₨3.9b
6.4%PE4x
LOFC.N0000 LOLC FinanceLK₨6.103.4%
+LK₨3.9b
-77.3%PE6.9x
HNB.N0000 Hatton National BankLK₨76.004.0%
+LK₨1.6b
-49.5%PB0.2x
SAMP.N0000 Sampath BankLK₨32.804.1%
+LK₨1.5b
-40.4%PB0.3x
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Latest News

HNB.N0000

LK₨76.00

Hatton National Bank

7D

4.0%

1Y

-49.5%

VFIN.N0000

LK₨21.90

Vallibel Finance

7D

-4.8%

1Y

-45.0%

LOFC.N0000

LK₨6.10

LOLC Finance

7D

3.4%

1Y

-77.3%

COCR.N0000

LK₨22.10

Commercial Credit and Finance

7D

-5.1%

1Y

-9.4%

CFVF.N0000

LK₨19.50

First Capital Holdings

7D

17.5%

1Y

91.2%

NTB.N0000

LK₨49.10

Nations Trust Bank

7D

9.1%

1Y

-6.9%

LVEN.N0000

LK₨31.00

Lanka Ventures

7D

-7.5%

1Y

-45.2%

NIFL.N0000

LK₨501.50

LOLC Development Finance

7D

-2.3%

1Y

13.1%

CALF.N0000

LK₨56.10

Dialog Finance

7D

-6.5%

1Y

-27.1%

CINS.N0000

LK₨2,100.00

Ceylinco Insurance

7D

7.5%

1Y

6.4%

ATL.N0000

LK₨11.10

Amãna Takaful

7D

-9.8%

1Y

-9.0%

SAMP.N0000

LK₨32.80

Sampath Bank

7D

4.1%

1Y

-40.4%

LOLC.N0000

LK₨340.25

LOLC Holdings

7D

5.2%

1Y

-63.3%

DFCC.N0000

LK₨31.80

DFCC Bank

7D

-2.2%

1Y

-45.3%

PABC.N0000

LK₨9.10

Pan Asia Banking

7D

-3.2%

1Y

-43.1%