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Sri Lankan (CSE) Financials Sector Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies64
  • 7D5.8%
  • 3M43.3%
  • 1Y151.4%
  • YTD131.8%

Over the last 7 days, the Financials industry has dropped 5.4%, driven by a decline by Commercial Leasing & Finance of 19%. Meanwhile, LOLC Holdings actually outperformed within the industry, gaining 22% in the last week. This takes the industry's 12 month performance to a gain of 148%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021LK₨1.8tLK₨675.9bLK₨165.2b8.5x
Mon, 25 Oct 2021LK₨1.4tLK₨660.6bLK₨147.9b6.8x
Wed, 22 Sep 2021LK₨1.2tLK₨659.8bLK₨147.3b6.7x
Fri, 20 Aug 2021LK₨1.1tLK₨665.9bLK₨148.6b7x
Fri, 04 Jun 2021LK₨914.5bLK₨612.3bLK₨150.3b7.1x
Mon, 08 Mar 2021LK₨915.7bLK₨568.9bLK₨110.0b7.7x
Thu, 10 Dec 2020LK₨687.8bLK₨561.6bLK₨106.6b7.7x
Wed, 02 Sep 2020LK₨666.3bLK₨561.7bLK₨99.4b7.5x
Sat, 06 Jun 2020LK₨590.9bLK₨576.7bLK₨103.8b7.5x
Tue, 10 Mar 2020LK₨705.3bLK₨569.2bLK₨100.6b7.8x
Mon, 02 Dec 2019LK₨773.3bLK₨575.1bLK₨89.9b6.9x
Thu, 05 Sep 2019LK₨765.8bLK₨600.9bLK₨121.2b6.6x
Sun, 09 Jun 2019LK₨635.6bLK₨576.2bLK₨107.8b5.6x
Sat, 02 Mar 2019LK₨718.9bLK₨592.6bLK₨126.8b5.5x
Tue, 04 Dec 2018LK₨757.7bLK₨573.8bLK₨146.9b6.2x
PE Ratio

6.2x

Total Market Cap: LK₨757.7bTotal Earnings: LK₨146.9bTotal Revenue: LK₨573.8b0%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 Financials industry have grown 4.0% per year over the last three years, and revenues for these companies have grown 5.6% 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?

Consumer Finance12.25%
Diversified Financial2.31%
Capital Markets0.038%
Insurance-0.29%
Banks-0.85%
Mortgage Finance-7.19%

Industry PE: Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 19.7x. 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 Mortgage Finance industry, which is trading close to its 3-year average of 3.3x.

Forecasted Growth: Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 12% over the next 5 years. However this is lower than its past earnings growth rate of 29% per year.

Top Stock Gainers and Losers

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

Company7D1YValuation
LOLC.N0000 LOLC Holdings24.7%+LK₨87.3b597.9%PE18.8x
CLC.N0000 Commercial Leasing & Finance2.4%+LK₨9.6b1,485.4%PE107.3x
LOFC.N0000 LOLC Finance4.3%+LK₨5.8b691.2%PE19.7x
SAMP.N0000 Sampath Bank3.8%+LK₨2.3b32.0%PB0.5x
HNBF.N0000 HNB Finance8.9%+LK₨1.5b13.4%PE50.8x
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