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Sri Lankan (CSE) Industrials Sector Analysis

UpdatedDec 03, 2023
DataAggregated Company Financials
Companies36
  • 7D1.8%
  • 3M-5.1%
  • 1Y-10.9%
  • YTD-1.2%

Over the last 7 days, the Industrials industry has risen 1.8%, driven by gains in Expolanka Holdings and John Keells Holdings of 2.5% and 2.3%, respectively. In contrast, the industry has lost 11% in the last 12 months. As for the next few years, earnings are expected to grow by 20% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Dec 2023LK₨935.6bLK₨2.0tLK₨16.8b9.7x55.8x0.5x
Tue, 31 Oct 2023LK₨941.5bLK₨2.0tLK₨26.7b7.2x35.3x0.5x
Thu, 28 Sep 2023LK₨996.0bLK₨2.1tLK₨37.2b7.7x26.8x0.5x
Sat, 26 Aug 2023LK₨989.3bLK₨2.1tLK₨43.0b6.4x23x0.5x
Mon, 24 Jul 2023LK₨986.2bLK₨2.3tLK₨119.3b6.2x8.3x0.4x
Wed, 21 Jun 2023LK₨854.9bLK₨2.3tLK₨116.9b5.5x7.3x0.4x
Fri, 19 May 2023LK₨854.4bLK₨2.3tLK₨173.9b4x4.9x0.4x
Sun, 16 Apr 2023LK₨929.1bLK₨2.5tLK₨206.5b4.4x4.5x0.4x
Tue, 14 Mar 2023LK₨924.9bLK₨2.5tLK₨206.5b4.5x4.5x0.4x
Thu, 09 Feb 2023LK₨982.9bLK₨2.4tLK₨225.0b4.1x4.4x0.4x
Sat, 07 Jan 2023LK₨924.2bLK₨2.5tLK₨251.9b4.1x3.7x0.4x
Mon, 05 Dec 2022LK₨993.5bLK₨2.5tLK₨251.9b4.5x3.9x0.4x
Wed, 02 Nov 2022LK₨945.6bLK₨2.4tLK₨246.5b4.5x3.8x0.4x
Fri, 30 Sep 2022LK₨1.2tLK₨2.4tLK₨249.5b5x4.7x0.5x
Sun, 28 Aug 2022LK₨1.0tLK₨2.4tLK₨249.5b4.3x4.2x0.4x
Tue, 26 Jul 2022LK₨844.0bLK₨2.1tLK₨197.1b4.6x4.3x0.4x
Thu, 23 Jun 2022LK₨844.0bLK₨2.1tLK₨196.7b4.3x4.3x0.4x
Sat, 21 May 2022LK₨964.8bLK₨2.0tLK₨153.9b5.7x6.3x0.5x
Mon, 18 Apr 2022LK₨848.7bLK₨1.8tLK₨126.4b5.7x6.7x0.5x
Wed, 16 Mar 2022LK₨1.2tLK₨1.8tLK₨129.2b6.2x9.4x0.7x
Fri, 11 Feb 2022LK₨1.5tLK₨1.7tLK₨119.3b9.1x12.8x0.9x
Sun, 09 Jan 2022LK₨1.8tLK₨1.5tLK₨93.5b10.9x18.8x1.2x
Tue, 07 Dec 2021LK₨1.4tLK₨1.5tLK₨93.5b9.4x14.7x0.9x
Thu, 04 Nov 2021LK₨1.1tLK₨1.5tLK₨84.8b9.9x13.1x0.8x
Sat, 02 Oct 2021LK₨1.1tLK₨1.3tLK₨74.3b9.1x14.4x0.8x
Mon, 30 Aug 2021LK₨919.2bLK₨1.3tLK₨74.3b9.2x12.4x0.7x
Tue, 06 Jul 2021LK₨683.9bLK₨1.3tLK₨74.3b7.8x9.2x0.5x
Fri, 09 Apr 2021LK₨650.4bLK₨1.2tLK₨57.1b8.4x11.4x0.5x
Thu, 31 Dec 2020LK₨569.6bLK₨1.1tLK₨31.4b9.8x18.1x0.5x
Price to Earnings Ratio

24.1x


Total Market Cap: LK₨526.3bTotal Earnings: LK₨21.8bTotal Revenue: LK₨1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Industrials Sector Price to Earnings3Y Average 11.8x202120222023
Current Industry PE
  • Investors are optimistic on the Sri Lankan Industrials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 55.8x which is higher than its 3-year average PE of 11.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 8.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 24% 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 Industrials sector?

LK Market1.26%
Industrials1.78%
Construction4.26%
Logistics2.52%
Machinery2.50%
Building2.47%
Electrical2.08%
Industrials1.30%
Commercial Services0.56%
Trade Distributors0.49%
Aerospace & Defense0%
Professional Services0%
Airlines0%
Marine and Shipping0%
Transportation0%
Infrastructure0%
Industry PE
  • Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 13.3x.
    • Analysts are expecting annual earnings growth of 19.6%, which is higher than its past year's earnings decline of 78.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 78% per year.
  • In contrast, the Industrials industry is expected to see its earnings grow by 20% 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
EXPO.N0000 Expolanka HoldingsLK₨132.252.5%
+LK₨6.4b
-32.0%PS1x
JKH.N0000 John Keells HoldingsLK₨192.252.3%
+LK₨5.9b
37.3%PE43.1x
AEL.N0000 Access EngineeringLK₨18.804.4%
+LK₨800.0m
79.0%PE2.7x
RCL.N0000 Royal Ceramics LankaLK₨27.702.6%
+LK₨775.5m
-8.0%PE5.6x
VONE.N0000 Vallibel OneLK₨38.901.3%
+LK₨569.5m
19.0%PE5.4x
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Latest News

JKH.N0000

LK₨192.25

John Keells Holdings

7D

2.3%

1Y

37.3%

LITE.N0000

LK₨14.40

Laxapana Batteries

7D

-0.7%

1Y

2.1%

VONE.N0000

LK₨38.90

Vallibel One

7D

1.3%

1Y

19.0%

SIRA.N0000

LK₨12.00

Sierra Cables

7D

6.2%

1Y

16.5%

SPEN.N0000

LK₨118.00

Aitken Spence

7D

-0.2%

1Y

-15.7%

ACL.N0000

LK₨70.50

ACL Cables

7D

1.9%

1Y

-14.4%

AEL.N0000

LK₨18.80

Access Engineering

7D

4.4%

1Y

79.0%

KCAB.N0000

LK₨255.50

Kelani Cables

7D

-1.5%

1Y

-11.1%

CIND.N0000

LK₨90.70

Central Industries

7D

-0.3%

1Y

37.9%

RCL.N0000

LK₨27.70

Royal Ceramics Lanka

7D

2.6%

1Y

-8.0%

LWL.N0000

LK₨45.30

Lanka Walltiles

7D

2.5%

1Y

-19.3%

EXPO.N0000

LK₨132.25

Expolanka Holdings

7D

2.5%

1Y

-32.0%