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Sri Lankan (CSE) Healthcare Sector Analysis

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies8
  • 7D3.5%
  • 3M0.06%
  • 1Y4.4%
  • YTD-3.5%

Over the last 7 days, the Healthcare industry has risen 3.5%, driven by gains from Asiri Hospital Holdings of 4.3%. This takes the industry's 12 month performance to a gain of 4.4%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024LK₨72.6bLK₨70.1bLK₨5.8b11.2x12.5x1x
Thu, 16 May 2024LK₨70.6bLK₨67.6bLK₨2.5b13.8x28x1x
Sat, 13 Apr 2024LK₨71.9bLK₨67.6bLK₨2.5b12.7x28.4x1.1x
Mon, 11 Mar 2024LK₨71.1bLK₨67.6bLK₨2.5b12.6x28.1x1.1x
Wed, 07 Feb 2024LK₨68.5bLK₨55.8bLK₨3.5b15.5x19.4x1.2x
Fri, 05 Jan 2024LK₨75.2bLK₨65.9bLK₨3.0b15.2x25.4x1.1x
Sun, 03 Dec 2023LK₨75.9bLK₨65.9bLK₨3.0b14.7x25.5x1.2x
Tue, 31 Oct 2023LK₨78.1bLK₨63.9bLK₨2.7b17.2x28.7x1.2x
Thu, 28 Sep 2023LK₨75.4bLK₨63.9bLK₨2.7b19.6x27.8x1.2x
Sat, 26 Aug 2023LK₨72.1bLK₨63.9bLK₨2.7b17.9x26.6x1.1x
Mon, 24 Jul 2023LK₨72.4bLK₨60.2bLK₨3.4b17.1x21.5x1.2x
Wed, 21 Jun 2023LK₨69.5bLK₨60.2bLK₨3.4b16.4x20.7x1.2x
Fri, 19 May 2023LK₨69.4bLK₨60.2bLK₨3.7b13.5x18.7x1.2x
Sun, 16 Apr 2023LK₨77.3bLK₨60.1bLK₨5.4b11.4x14.4x1.3x
Tue, 14 Mar 2023LK₨75.1bLK₨60.1bLK₨5.4b11.4x14x1.3x
Thu, 09 Feb 2023LK₨75.9bLK₨58.6bLK₨7.4b11.5x10.3x1.3x
Sat, 07 Jan 2023LK₨70.6bLK₨58.1bLK₨8.2b8.4x8.7x1.2x
Mon, 05 Dec 2022LK₨78.0bLK₨58.1bLK₨8.2b9.7x9.6x1.3x
Wed, 02 Nov 2022LK₨77.5bLK₨60.1bLK₨9.7b10x8x1.3x
Fri, 30 Sep 2022LK₨72.1bLK₨60.1bLK₨9.7b9.6x7.4x1.2x
Sun, 28 Aug 2022LK₨69.0bLK₨60.1bLK₨9.7b10.2x7.1x1.1x
Tue, 26 Jul 2022LK₨68.2bLK₨60.9bLK₨9.4b8.7x7.2x1.1x
Thu, 23 Jun 2022LK₨68.3bLK₨60.9bLK₨9.4b8.7x7.2x1.1x
Sat, 21 May 2022LK₨73.1bLK₨64.1bLK₨10.1b6.6x7.2x1.1x
Mon, 18 Apr 2022LK₨78.8bLK₨63.5bLK₨9.3b6.7x8.5x1.2x
Wed, 16 Mar 2022LK₨83.7bLK₨63.5bLK₨9.3b7.6x9x1.3x
Fri, 11 Feb 2022LK₨108.6bLK₨60.9bLK₨8.6b10.7x12.6x1.8x
Sun, 09 Jan 2022LK₨96.4bLK₨58.5bLK₨8.3b10.5x11.6x1.6x
Tue, 07 Dec 2021LK₨81.5bLK₨58.5bLK₨8.3b9.2x9.8x1.4x
Thu, 04 Nov 2021LK₨76.2bLK₨53.0bLK₨7.6b10.2x10x1.4x
Sat, 02 Oct 2021LK₨73.5bLK₨51.3bLK₨7.0b9.7x10.5x1.4x
Mon, 30 Aug 2021LK₨67.5bLK₨51.3bLK₨7.0b8.8x9.6x1.3x
Tue, 06 Jul 2021LK₨63.6bLK₨51.3bLK₨7.0b8x9.1x1.2x
Price to Earnings Ratio

9.1x


Total Market Cap: LK₨63.6bTotal Earnings: LK₨7.0bTotal Revenue: LK₨51.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Healthcare Sector Price to Earnings3Y Average 15.3x202220232024
Current Industry PE
  • Investors are pessimistic on the Sri Lankan Healthcare 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 12.5x which is lower than its 3-year average PE of 15.3x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 6.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Sri Lankan Healthcare sector?

LK Market-0.67%
Healthcare3.50%
Healthcare Services3.58%
Medical Equipment0%
Healthtech0%
Biotech0%
Pharma0%
Life Sciences0%
Industry PE
  • Investors are most optimistic about the Healthtech industry which is trading above its 3-year average PE ratio of 29.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Healthcare Services industry, which is trading below its 3-year average of 15.2x.
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
ASIR.N0000 Asiri Hospital HoldingsLK₨24.504.3%
+LK₨1.1b
7.9%PE9.8x
AMSL.N0000 Asiri Surgical HospitalLK₨12.5013.6%
+LK₨792.7m
4.2%PE11.2x
NHL.N0000 Nawaloka HospitalsLK₨4.205.0%
+LK₨281.9m
5.0%PE17x
LHCL.N0000 Lanka HospitalsLK₨113.000.9%
+LK₨223.7m
2.7%PE17.1x
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Latest News

LHCL.N0000

LK₨113.00

Lanka Hospitals

7D

0.9%

1Y

2.7%

ASIR.N0000

LK₨24.50

Asiri Hospital Holdings

7D

4.3%

1Y

7.9%

NHL.N0000

LK₨4.20

Nawaloka Hospitals

7D

5.0%

1Y

5.0%

MULL.N0000

LK₨1.10

Muller & Phipps (Ceylon)

7D

-8.3%

1Y

10.0%

CHL.X0000

LK₨95.00

Ceylon Hospitals

7D

-3.5%

1Y

-5.0%

AMSL.N0000

LK₨12.50

Asiri Surgical Hospital

7D

13.6%

1Y

4.2%

ECL.N0000

LK₨14.00

eChannelling

7D

-0.7%

1Y

-16.7%