Sri Lankan (CSE) Asset Management Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies9
- 7D-5.8%
- 3M11.5%
- 1Y9.9%
- YTDn/a
Over the last 7 days, the Asset Management industry has dropped 5.8%, driven by First Capital Holdings declining 2.3%. In the past year, the industry has gained 9.9%.
Industry Valuation and Performance
Has the Sri Lankan Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 17 Apr 2024 | LK₨32.5b | LK₨34.1b | LK₨14.7b | 3.1x | 2.2x | 1x |
| Fri, 15 Mar 2024 | LK₨31.0b | LK₨34.1b | LK₨14.7b | 2.6x | 2.1x | 0.9x |
| Sun, 11 Feb 2024 | LK₨30.7b | LK₨34.2b | LK₨16.7b | 2.4x | 1.8x | 0.9x |
| Tue, 09 Jan 2024 | LK₨52.2b | LK₨34.3b | LK₨16.9b | 6.2x | 3.1x | 1.5x |
| Thu, 07 Dec 2023 | LK₨54.2b | LK₨34.3b | LK₨16.9b | 6.4x | 3.2x | 1.6x |
| Sat, 04 Nov 2023 | LK₨55.5b | LK₨23.6b | LK₨9.7b | 5.2x | 5.7x | 2.4x |
| Mon, 02 Oct 2023 | LK₨62.9b | LK₨23.5b | LK₨9.7b | 5.9x | 6.5x | 2.7x |
| Wed, 30 Aug 2023 | LK₨64.7b | LK₨23.5b | LK₨9.7b | 5.9x | 6.7x | 2.7x |
| Fri, 28 Jul 2023 | LK₨60.5b | LK₨17.2b | LK₨4.9b | 8.3x | 12.3x | 3.5x |
| Sun, 25 Jun 2023 | LK₨49.8b | LK₨17.1b | LK₨4.7b | 6.1x | 10.6x | 2.9x |
| Tue, 23 May 2023 | LK₨35.6b | LK₨1.8b | -LK₨1,692,021,169.00 | 13.2x | -21.1x | 19.4x |
| Thu, 20 Apr 2023 | LK₨36.9b | LK₨1.9b | -LK₨1,831,401,169.00 | 270.8x | -20.1x | 19.9x |
| Sat, 18 Mar 2023 | LK₨36.6b | LK₨1.9b | -LK₨1,831,401,169.00 | 237.4x | -20x | 19.7x |
| Mon, 13 Feb 2023 | LK₨36.4b | LK₨1.9b | -LK₨942,918,169.00 | 450.4x | -38.6x | 18.9x |
| Wed, 11 Jan 2023 | LK₨35.6b | LK₨2.0b | -LK₨802,328,169.00 | 25x | -44.4x | 18.2x |
| Fri, 09 Dec 2022 | LK₨35.8b | LK₨2.0b | -LK₨802,328,169.00 | 25.4x | -44.6x | 18.3x |
| Sun, 06 Nov 2022 | LK₨37.4b | LK₨2.0b | -LK₨3,250,042,169.00 | 176.4x | -11.5x | 19x |
| Tue, 04 Oct 2022 | LK₨38.8b | LK₨2.0b | -LK₨3,299,704,268.00 | 176.4x | -11.8x | 19.7x |
| Thu, 01 Sep 2022 | LK₨34.1b | LK₨2.0b | -LK₨3,299,704,268.00 | 189x | -10.3x | 17.3x |
| Sat, 30 Jul 2022 | LK₨36.4b | LK₨4.2b | -LK₨1,082,355,000.00 | 64.4x | -33.6x | 8.7x |
| Mon, 27 Jun 2022 | LK₨38.6b | LK₨4.2b | -LK₨1,239,515,000.00 | 63.3x | -31.1x | 9.2x |
| Wed, 25 May 2022 | LK₨41.2b | LK₨4.7b | LK₨1.9b | 8.6x | 21.6x | 8.8x |
| Fri, 22 Apr 2022 | LK₨40.1b | LK₨4.7b | LK₨2.5b | 13.1x | 16.2x | 8.6x |
| Sun, 20 Mar 2022 | LK₨45.2b | LK₨4.7b | LK₨2.5b | 16.7x | 18.3x | 9.7x |
| Tue, 15 Feb 2022 | LK₨49.1b | LK₨4.8b | LK₨2.4b | 21.5x | 20.7x | 10.2x |
| Thu, 13 Jan 2022 | LK₨48.9b | LK₨5.0b | LK₨3.0b | 25.5x | 16.2x | 9.7x |
| Sat, 11 Dec 2021 | LK₨45.6b | LK₨5.0b | LK₨3.0b | 22.4x | 15.1x | 9.1x |
| Mon, 08 Nov 2021 | LK₨45.0b | LK₨4.9b | LK₨4.5b | 10.4x | 10x | 9.2x |
| Wed, 06 Oct 2021 | LK₨43.9b | LK₨5.8b | LK₨5.2b | 7.3x | 8.5x | 7.6x |
| Fri, 03 Sep 2021 | LK₨44.1b | LK₨5.8b | LK₨5.2b | 7.4x | 8.5x | 7.6x |
| Sun, 01 Aug 2021 | LK₨46.9b | LK₨5.8b | LK₨5.2b | 8.1x | 9.1x | 8.1x |
| Wed, 05 May 2021 | LK₨47.2b | LK₨8.2b | LK₨7.2b | 7.6x | 6.6x | 5.7x |
Price to Earnings Ratio
6.6x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Asset Management and Custody Banks 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 2.2x which is higher than its 3-year average PE of -2.3x.
- The 3-year average PS ratio of 9.3x is higher than the industry's current PS ratio of 0.95x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 27% per year over the last three years.
- Revenues for these companies have grown 61% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Sri Lankan Asset Management compare with similar industries?
| LK Market | 1.47% | |
| Financials | 2.20% | |
| Capital Markets | -2.26% | |
| Asset Management | -5.83% | |
| Investment Banking and Brokerage | 1.19% | |
| Financial Exchanges and Data | 0% | |
| Diversified Capital Markets | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CINV.N0000 Ceylon Investment | LK₨56.10 | 1.6% +LK₨89.4m | 72.1% | PE3.1x | |
| LVEN.N0000 Lanka Ventures | LK₨28.20 | 1.1% +LK₨15.0m | -25.8% | PS3.6x |