Sri Lankan (CSE) Electrical Industry Analysis

Industry Valuation and Performance

Has the Sri Lankan Electrical Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 11 May 2026	LK₨127.1b	LK₨84.3b	LK₨11.4b	11.9x	11.1x	1.5x
Wed, 08 Apr 2026	LK₨110.6b	LK₨84.3b	LK₨11.4b	9.5x	9.7x	1.3x
Fri, 06 Mar 2026	LK₨124.2b	LK₨79.5b	LK₨10.2b	12.4x	12.1x	1.6x
Sun, 01 Feb 2026	LK₨133.1b	LK₨79.5b	LK₨10.2b	13.1x	13x	1.7x
Tue, 30 Dec 2025	LK₨113.7b	LK₨79.5b	LK₨10.2b	12x	11.1x	1.4x
Thu, 27 Nov 2025	LK₨104.9b	LK₨79.5b	LK₨10.2b	12.2x	10.2x	1.3x
Sat, 25 Oct 2025	LK₨105.1b	LK₨74.3b	LK₨9.3b	15.1x	11.4x	1.4x
Mon, 22 Sep 2025	LK₨100.6b	LK₨74.3b	LK₨9.3b	16x	10.9x	1.4x
Wed, 20 Aug 2025	LK₨82.2b	LK₨74.3b	LK₨9.3b	12.3x	8.9x	1.1x
Fri, 18 Jul 2025	LK₨68.9b	LK₨71.0b	LK₨8.5b	11.1x	8.1x	1x
Sun, 15 Jun 2025	LK₨64.7b	LK₨71.0b	LK₨8.5b	10.7x	7.6x	0.9x
Tue, 13 May 2025	LK₨59.6b	LK₨66.3b	LK₨7.8b	8.1x	7.6x	0.9x
Thu, 10 Apr 2025	LK₨53.2b	LK₨66.3b	LK₨7.8b	7.1x	6.8x	0.8x
Sat, 08 Mar 2025	LK₨58.1b	LK₨66.3b	LK₨7.8b	7.8x	7.4x	0.9x
Mon, 03 Feb 2025	LK₨64.6b	LK₨63.5b	LK₨7.2b	10x	9x	1x
Wed, 01 Jan 2025	LK₨52.7b	LK₨62.9b	LK₨7.1b	8.2x	7.4x	0.8x
Fri, 29 Nov 2024	LK₨41.6b	LK₨62.9b	LK₨7.1b	6.4x	5.8x	0.7x
Sun, 27 Oct 2024	LK₨39.9b	LK₨58.1b	LK₨7.1b	6.6x	5.7x	0.7x
Tue, 24 Sep 2024	LK₨35.2b	LK₨58.1b	LK₨7.1b	6.1x	5x	0.6x
Thu, 22 Aug 2024	LK₨37.3b	LK₨58.1b	LK₨7.1b	6.7x	5.3x	0.6x
Sat, 20 Jul 2024	LK₨33.4b	LK₨52.8b	LK₨5.6b	6.9x	6x	0.6x
Mon, 17 Jun 2024	LK₨34.8b	LK₨52.8b	LK₨5.6b	7.1x	6.3x	0.7x
Wed, 15 May 2024	LK₨35.5b	LK₨50.2b	LK₨5.2b	13.9x	6.8x	0.7x
Fri, 12 Apr 2024	LK₨34.4b	LK₨50.2b	LK₨5.2b	14.2x	6.6x	0.7x
Sun, 10 Mar 2024	LK₨33.5b	LK₨50.2b	LK₨5.2b	14x	6.4x	0.7x
Tue, 06 Feb 2024	LK₨29.6b	LK₨47.1b	LK₨5.5b	10.3x	5.4x	0.6x
Thu, 04 Jan 2024	LK₨30.0b	LK₨47.1b	LK₨5.5b	9.9x	5.4x	0.6x
Sat, 02 Dec 2023	LK₨30.1b	LK₨47.1b	LK₨5.5b	9.6x	5.4x	0.6x
Mon, 30 Oct 2023	LK₨30.0b	LK₨46.9b	LK₨7.1b	5.7x	4.2x	0.6x
Wed, 27 Sep 2023	LK₨32.6b	LK₨46.9b	LK₨7.1b	5.7x	4.6x	0.7x
Fri, 25 Aug 2023	LK₨31.0b	LK₨46.9b	LK₨7.1b	5.4x	4.3x	0.7x
Sun, 23 Jul 2023	LK₨35.5b	LK₨49.8b	LK₨10.4b	5.8x	3.4x	0.7x
Tue, 20 Jun 2023	LK₨30.2b	LK₨49.8b	LK₨10.4b	5.4x	2.9x	0.6x
Thu, 18 May 2023	LK₨28.9b	LK₨54.8b	LK₨11.6b	5.4x	2.5x	0.5x

Current Industry PE

Investors are optimistic on the Sri Lankan Electrical industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 11.1x which is higher than its 3-year average PE of 7.2x.

The 3-year average PS ratio of 0.90x is lower than the industry's current PS ratio of 1.5x.

Past Earnings Growth

The earnings for companies in the Electrical industry have remained mostly flat over the last three years.
Meanwhile revenues for these companies have grown 15% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Sri Lankan Industrials industry?


LK Market	1.98%
Industrials	2.53%
Electrical	2.69%
Electrical Components	2.71%
Heavy Electrical Equipment	-1.49%

Industry PE

Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 157x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Investors are most pessimistic about the Electrical Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.2x.

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?

Company	Last Price	7D	1Y	Valuation
ACL.N0000 ACL Cables	LK₨101.50	1.0% +LK₨718.7m	135.1%	PE12x
LITE.N0000 Laxapana	LK₨48.00	15.4% +LK₨423.8m	50.5%	PE11.3x
CSLK.N0000 Cable Solutions	LK₨13.40	4.7% +LK₨282.4m	13.6%	PE14.7x
MEL.N0000 Greentech Energy	LK₨6.80	3.0% +LK₨20.0m	209.1%	PE185.9x

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. Cash payout ratio: 125% Dividend yield: 2.3% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (125% cash payout ratio). Market cap is less than US$100m (LK₨5.79b market cap, or US$18.4m).

Sri Lankan (CSE) Electrical Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Investor sentiment improves as stock rises 29%

New minor risk - Dividend sustainability

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 18%

New minor risk - Share price stability

Investor sentiment improves as stock rises 17%