Sri Lankan (CSE) Industrials Sector Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies35
- 7D-0.7%
- 3M13.2%
- 1Y11.4%
- YTD9.7%
In the last week, the Industrials industry is flat overall, with Hayleys standing out by going down 6.1%. As for the the longer term, the industry is up 11% over the past 12 months. Earnings are forecast to grow by 9.3% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | LK₨1.0t | LK₨1.9t | LK₨35.8b | 9.2x | 28.5x | 0.6x |
| Wed, 20 Mar 2024 | LK₨996.5b | LK₨1.9t | LK₨35.8b | 9x | 27.8x | 0.5x |
| Fri, 16 Feb 2024 | LK₨916.5b | LK₨1.8t | LK₨20.1b | 8.9x | 45.6x | 0.5x |
| Sun, 14 Jan 2024 | LK₨925.4b | LK₨1.8t | LK₨20.3b | 9.8x | 45.5x | 0.5x |
| Tue, 12 Dec 2023 | LK₨954.2b | LK₨1.8t | LK₨20.3b | 9.7x | 46.9x | 0.5x |
| Thu, 09 Nov 2023 | LK₨955.5b | LK₨2.0t | LK₨23.5b | 7.1x | 40.7x | 0.5x |
| Sat, 07 Oct 2023 | LK₨967.7b | LK₨2.1t | LK₨37.2b | 7.5x | 26x | 0.5x |
| Mon, 04 Sep 2023 | LK₨984.8b | LK₨2.1t | LK₨37.1b | 7.7x | 26.5x | 0.5x |
| Wed, 02 Aug 2023 | LK₨1.0t | LK₨2.1t | LK₨83.6b | 6.3x | 12x | 0.5x |
| Fri, 30 Jun 2023 | LK₨884.6b | LK₨2.3t | LK₨116.9b | 5.4x | 7.6x | 0.4x |
| Sun, 28 May 2023 | LK₨837.7b | LK₨2.3t | LK₨143.5b | 4.6x | 5.8x | 0.4x |
| Tue, 25 Apr 2023 | LK₨921.9b | LK₨2.5t | LK₨206.5b | 4.3x | 4.5x | 0.4x |
| Thu, 23 Mar 2023 | LK₨901.1b | LK₨2.5t | LK₨206.5b | 4.3x | 4.4x | 0.4x |
| Sat, 18 Feb 2023 | LK₨938.0b | LK₨2.5t | LK₨206.5b | 4x | 4.5x | 0.4x |
| Mon, 16 Jan 2023 | LK₨906.8b | LK₨2.5t | LK₨251.9b | 4x | 3.6x | 0.4x |
| Wed, 14 Dec 2022 | LK₨1.0t | LK₨2.5t | LK₨251.9b | 4.5x | 4.1x | 0.4x |
| Fri, 11 Nov 2022 | LK₨902.4b | LK₨2.4t | LK₨246.8b | 4.4x | 3.7x | 0.4x |
| Sun, 09 Oct 2022 | LK₨974.7b | LK₨2.4t | LK₨249.5b | 5.3x | 3.9x | 0.4x |
| Tue, 06 Sep 2022 | LK₨1.1t | LK₨2.4t | LK₨249.5b | 5x | 4.4x | 0.5x |
| Thu, 04 Aug 2022 | LK₨923.0b | LK₨2.2t | LK₨220.8b | 4.3x | 4.2x | 0.4x |
| Sat, 02 Jul 2022 | LK₨848.5b | LK₨2.1t | LK₨197.1b | 4.3x | 4.3x | 0.4x |
| Mon, 30 May 2022 | LK₨972.0b | LK₨2.0t | LK₨174.2b | 5.5x | 5.6x | 0.5x |
| Wed, 27 Apr 2022 | LK₨632.8b | LK₨1.8t | LK₨126.4b | 4.4x | 5x | 0.4x |
| Fri, 25 Mar 2022 | LK₨1.3t | LK₨1.8t | LK₨129.2b | 6.2x | 9.7x | 0.7x |
| Sun, 20 Feb 2022 | LK₨1.5t | LK₨1.8t | LK₨128.4b | 8x | 11.7x | 0.8x |
| Tue, 18 Jan 2022 | LK₨1.7t | LK₨1.5t | LK₨93.5b | 11.3x | 18.6x | 1.1x |
| Thu, 16 Dec 2021 | LK₨1.6t | LK₨1.5t | LK₨93.5b | 10.6x | 16.9x | 1x |
| Sat, 13 Nov 2021 | LK₨1.1t | LK₨1.5t | LK₨87.8b | 9.4x | 12.4x | 0.7x |
| Mon, 11 Oct 2021 | LK₨1.1t | LK₨1.3t | LK₨74.3b | 9.3x | 14.4x | 0.8x |
| Wed, 08 Sep 2021 | LK₨965.4b | LK₨1.3t | LK₨74.3b | 8.7x | 13x | 0.7x |
| Fri, 06 Aug 2021 | LK₨761.0b | LK₨1.3t | LK₨74.3b | 7.8x | 10.2x | 0.6x |
| Mon, 10 May 2021 | LK₨681.8b | LK₨1.2t | LK₨57.1b | 8.4x | 11.9x | 0.6x |
Price to Earnings Ratio
11.9x
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 28.5x which is higher than its 3-year average PE of 14.5x.
- The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have declined 14% per year over the last three years.
- Meanwhile revenues for these companies have grown 16% 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 | -0.63% | |
| Industrials | -0.71% | |
| Aerospace & Defense | 0% | |
| Professional Services | 0% | |
| Airlines | 0% | |
| Marine and Shipping | 0% | |
| Transportation | 0% | |
| Infrastructure | 0% | |
| Logistics | -0.0081% | |
| Industrials | -0.55% | |
| Trade Distributors | -1.13% | |
| Machinery | -1.18% | |
| Construction | -1.18% | |
| Electrical | -1.71% | |
| Commercial Services | -3.93% | |
| Building | -3.99% | |
Industry PE
- Investors are most optimistic about the Industrials industry which is trading above its 3-year average PE ratio of 12.0x.
- Analysts are expecting annual earnings growth of 9.3%, which is higher than its past year's earnings decline of 72.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 9.3% over the next 5 years.
- This is better than its past earnings decline of 72% per year.
- In contrast, the Industrials industry is expected to see its earnings grow by 9.3% 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 | |
|---|---|---|---|---|---|
| JKH.N0000 John Keells Holdings | LK₨205.00 | 1.0% +LK₨2.8b | 47.5% | PE39.6x | |
| SPEN.N0000 Aitken Spence | LK₨131.00 | 0.8% +LK₨406.0m | -0.8% | PS0.6x | |
| RHL.N0000 Renuka Holdings | LK₨13.00 | 3.2% +LK₨75.9m | 0.9% | PS0.2x | |
| LUMX.N0000 Luminex | LK₨7.00 | 2.9% +LK₨54.3m | 0% | PE12.5x | |
| BRWN.N0000 Brown | LK₨112.25 | 0.2% +LK₨53.2m | -2.4% | PE4.6x |