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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | LK₨935.6b | LK₨2.0t | LK₨16.8b | 9.7x | 55.8x | 0.5x |
| Tue, 31 Oct 2023 | LK₨941.5b | LK₨2.0t | LK₨26.7b | 7.2x | 35.3x | 0.5x |
| Thu, 28 Sep 2023 | LK₨996.0b | LK₨2.1t | LK₨37.2b | 7.7x | 26.8x | 0.5x |
| Sat, 26 Aug 2023 | LK₨989.3b | LK₨2.1t | LK₨43.0b | 6.4x | 23x | 0.5x |
| Mon, 24 Jul 2023 | LK₨986.2b | LK₨2.3t | LK₨119.3b | 6.2x | 8.3x | 0.4x |
| Wed, 21 Jun 2023 | LK₨854.9b | LK₨2.3t | LK₨116.9b | 5.5x | 7.3x | 0.4x |
| Fri, 19 May 2023 | LK₨854.4b | LK₨2.3t | LK₨173.9b | 4x | 4.9x | 0.4x |
| Sun, 16 Apr 2023 | LK₨929.1b | LK₨2.5t | LK₨206.5b | 4.4x | 4.5x | 0.4x |
| Tue, 14 Mar 2023 | LK₨924.9b | LK₨2.5t | LK₨206.5b | 4.5x | 4.5x | 0.4x |
| Thu, 09 Feb 2023 | LK₨982.9b | LK₨2.4t | LK₨225.0b | 4.1x | 4.4x | 0.4x |
| Sat, 07 Jan 2023 | LK₨924.2b | LK₨2.5t | LK₨251.9b | 4.1x | 3.7x | 0.4x |
| Mon, 05 Dec 2022 | LK₨993.5b | LK₨2.5t | LK₨251.9b | 4.5x | 3.9x | 0.4x |
| Wed, 02 Nov 2022 | LK₨945.6b | LK₨2.4t | LK₨246.5b | 4.5x | 3.8x | 0.4x |
| Fri, 30 Sep 2022 | LK₨1.2t | LK₨2.4t | LK₨249.5b | 5x | 4.7x | 0.5x |
| Sun, 28 Aug 2022 | LK₨1.0t | LK₨2.4t | LK₨249.5b | 4.3x | 4.2x | 0.4x |
| Tue, 26 Jul 2022 | LK₨844.0b | LK₨2.1t | LK₨197.1b | 4.6x | 4.3x | 0.4x |
| Thu, 23 Jun 2022 | LK₨844.0b | LK₨2.1t | LK₨196.7b | 4.3x | 4.3x | 0.4x |
| Sat, 21 May 2022 | LK₨964.8b | LK₨2.0t | LK₨153.9b | 5.7x | 6.3x | 0.5x |
| Mon, 18 Apr 2022 | LK₨848.7b | LK₨1.8t | LK₨126.4b | 5.7x | 6.7x | 0.5x |
| Wed, 16 Mar 2022 | LK₨1.2t | LK₨1.8t | LK₨129.2b | 6.2x | 9.4x | 0.7x |
| Fri, 11 Feb 2022 | LK₨1.5t | LK₨1.7t | LK₨119.3b | 9.1x | 12.8x | 0.9x |
| Sun, 09 Jan 2022 | LK₨1.8t | LK₨1.5t | LK₨93.5b | 10.9x | 18.8x | 1.2x |
| Tue, 07 Dec 2021 | LK₨1.4t | LK₨1.5t | LK₨93.5b | 9.4x | 14.7x | 0.9x |
| Thu, 04 Nov 2021 | LK₨1.1t | LK₨1.5t | LK₨84.8b | 9.9x | 13.1x | 0.8x |
| Sat, 02 Oct 2021 | LK₨1.1t | LK₨1.3t | LK₨74.3b | 9.1x | 14.4x | 0.8x |
| Mon, 30 Aug 2021 | LK₨919.2b | LK₨1.3t | LK₨74.3b | 9.2x | 12.4x | 0.7x |
| Tue, 06 Jul 2021 | LK₨683.9b | LK₨1.3t | LK₨74.3b | 7.8x | 9.2x | 0.5x |
| Fri, 09 Apr 2021 | LK₨650.4b | LK₨1.2t | LK₨57.1b | 8.4x | 11.4x | 0.5x |
| Thu, 31 Dec 2020 | LK₨569.6b | LK₨1.1t | LK₨31.4b | 9.8x | 18.1x | 0.5x |
Price to Earnings Ratio
24.1x
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 Market | 1.26% | |
| Industrials | 1.78% | |
| Construction | 4.26% | |
| Logistics | 2.52% | |
| Machinery | 2.50% | |
| Building | 2.47% | |
| Electrical | 2.08% | |
| Industrials | 1.30% | |
| Commercial Services | 0.56% | |
| Trade Distributors | 0.49% | |
| Aerospace & Defense | 0% | |
| Professional Services | 0% | |
| Airlines | 0% | |
| Marine and Shipping | 0% | |
| Transportation | 0% | |
| Infrastructure | 0% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EXPO.N0000 Expolanka Holdings | LK₨132.25 | 2.5% +LK₨6.4b | -32.0% | PS1x | |
| JKH.N0000 John Keells Holdings | LK₨192.25 | 2.3% +LK₨5.9b | 37.3% | PE43.1x | |
| AEL.N0000 Access Engineering | LK₨18.80 | 4.4% +LK₨800.0m | 79.0% | PE2.7x | |
| RCL.N0000 Royal Ceramics Lanka | LK₨27.70 | 2.6% +LK₨775.5m | -8.0% | PE5.6x | |
| VONE.N0000 Vallibel One | LK₨38.90 | 1.3% +LK₨569.5m | 19.0% | PE5.4x |