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Sri Lankan (CSE) Financials Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies60
- 7D4.2%
- 3M37.9%
- 1Y45.3%
- YTD41.6%
In the last week, the Financials industry is up 4.2%, with LOLC Holdings up 4.7%. This means that the industry has gained 45% over the past year. Earnings are forecast to be flat in the coming years.
Sector Valuation and Performance
Has the Sri Lankan Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | LK₨1.7t | LK₨1.2t | LK₨285.3b | 7.6x | 5.9x | 1.4x |
| Mon, 18 Nov 2024 | LK₨1.5t | LK₨1.2t | LK₨290.7b | 6.7x | 5.1x | 1.3x |
| Wed, 16 Oct 2024 | LK₨1.4t | LK₨1.2t | LK₨278.5b | 5.4x | 5x | 1.1x |
| Fri, 13 Sep 2024 | LK₨1.2t | LK₨1.2t | LK₨278.5b | 5.1x | 4.2x | 0.9x |
| Sun, 11 Aug 2024 | LK₨1.3t | LK₨1.2t | LK₨267.3b | 5.7x | 4.7x | 1.1x |
| Tue, 09 Jul 2024 | LK₨1.3t | LK₨1.2t | LK₨261.2b | 6.8x | 5.1x | 1.1x |
| Thu, 06 Jun 2024 | LK₨1.4t | LK₨1.2t | LK₨260.5b | 6.4x | 5.4x | 1.2x |
| Sat, 04 May 2024 | LK₨1.4t | LK₨1.1t | LK₨243.0b | 7.3x | 6x | 1.4x |
| Mon, 01 Apr 2024 | LK₨1.3t | LK₨1.1t | LK₨243.8b | 6.2x | 5.2x | 1.2x |
| Wed, 28 Feb 2024 | LK₨1.1t | LK₨1.1t | LK₨239.6b | 5.5x | 4.6x | 1x |
| Fri, 26 Jan 2024 | LK₨1.3t | LK₨1.0t | LK₨219.6b | 7x | 5.7x | 1.2x |
| Sun, 24 Dec 2023 | LK₨1.3t | LK₨1.0t | LK₨219.2b | 6.4x | 6x | 1.3x |
| Tue, 21 Nov 2023 | LK₨1.3t | LK₨1.0t | LK₨219.0b | 6.2x | 6x | 1.3x |
| Thu, 19 Oct 2023 | LK₨1.3t | LK₨953.4b | LK₨182.2b | 6x | 7.3x | 1.4x |
| Sat, 16 Sep 2023 | LK₨1.5t | LK₨952.8b | LK₨182.2b | 6.7x | 8x | 1.5x |
| Mon, 14 Aug 2023 | LK₨1.5t | LK₨933.0b | LK₨181.1b | 7.4x | 8.3x | 1.6x |
| Wed, 12 Jul 2023 | LK₨1.3t | LK₨892.4b | LK₨167.9b | 6.3x | 7.9x | 1.5x |
| Fri, 09 Jun 2023 | LK₨1.1t | LK₨907.5b | LK₨167.8b | 5.3x | 6.5x | 1.2x |
| Sun, 07 May 2023 | LK₨1.0t | LK₨835.6b | LK₨206.7b | 6.4x | 4.9x | 1.2x |
| Tue, 04 Apr 2023 | LK₨1.1t | LK₨832.8b | LK₨206.9b | 6.8x | 5.3x | 1.3x |
| Thu, 02 Mar 2023 | LK₨1.1t | LK₨830.2b | LK₨205.9b | 6.4x | 5.3x | 1.3x |
| Sat, 28 Jan 2023 | LK₨1.1t | LK₨799.5b | LK₨210.4b | 6.8x | 5.2x | 1.4x |
| Mon, 26 Dec 2022 | LK₨1.1t | LK₨798.8b | LK₨210.1b | 6.5x | 5.1x | 1.4x |
| Wed, 23 Nov 2022 | LK₨981.7b | LK₨799.0b | LK₨210.3b | 6.3x | 4.7x | 1.2x |
| Fri, 21 Oct 2022 | LK₨1.1t | LK₨819.4b | LK₨218.1b | 6.9x | 4.9x | 1.3x |
| Sun, 18 Sep 2022 | LK₨1.2t | LK₨818.9b | LK₨217.8b | 6.3x | 5.7x | 1.5x |
| Tue, 16 Aug 2022 | LK₨1.1t | LK₨776.1b | LK₨206.9b | 5.7x | 5.3x | 1.4x |
| Thu, 14 Jul 2022 | LK₨917.4b | LK₨780.9b | LK₨217.6b | 5.9x | 4.2x | 1.2x |
| Sat, 11 Jun 2022 | LK₨1.1t | LK₨777.8b | LK₨217.4b | 6.2x | 5.2x | 1.4x |
| Mon, 09 May 2022 | LK₨1.1t | LK₨730.7b | LK₨191.3b | 5.8x | 5.6x | 1.5x |
| Wed, 06 Apr 2022 | LK₨1.2t | LK₨731.4b | LK₨190.2b | 7.1x | 6.1x | 1.6x |
| Fri, 04 Mar 2022 | LK₨1.7t | LK₨731.1b | LK₨190.1b | 9.4x | 9.1x | 2.4x |
| Sun, 30 Jan 2022 | LK₨1.8t | LK₨697.2b | LK₨169.2b | 13.2x | 10.8x | 2.6x |
| Tue, 28 Dec 2021 | LK₨1.7t | LK₨680.5b | LK₨165.8b | 10.2x | 10.3x | 2.5x |
Price to Earnings Ratio
10.3x
Current Industry PE
- Investors are relatively neutral on the Sri Lankan Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 6.1x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 20% 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 Market | 3.62% | |
| Financials | 4.16% | |
| Diversified Financial | 11.32% | |
| Insurance | 8.94% | |
| Capital Markets | 5.66% | |
| Banks | 3.84% | |
| Consumer Finance | 3.10% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 14.6x.
- 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 4.1x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 1.0% over the next 5 years.
- In contrast, the Banks industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LOLC.N0000 LOLC Holdings | LK₨555.50 | 4.7% +LK₨11.9b | 53.3% | PE4.3x | |
| HNB.N0000 Hatton National Bank | LK₨272.00 | 6.8% +LK₨9.9b | 68.3% | PB0.7x | |
| CINS.N0000 Ceylinco Insurance | LK₨3.00k | 11.6% +LK₨8.2b | 22.4% | PE6.6x | |
| COMB.N0000 Commercial Bank of Ceylon | LK₨135.50 | 3.0% +LK₨6.4b | 48.6% | PB0.9x | |
| CFIN.N0000 Central Finance | LK₨167.25 | 13.6% +LK₨4.5b | 67.4% | PE4.5x |