Sri Lankan (CSE) Electrical Industry Analysis
UpdatedMar 21, 2023
DataAggregated Company Financials
Companies5
- 7D3.8%
- 3M21.5%
- 1Y4.9%
- YTD21.8%
Over the last 7 days, the Electrical industry has risen 4.2%, driven by gains from ACL Cables of 4.2%. This means that the industry has gained 7.8% over the past year.
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 |
|---|---|---|---|---|---|---|
| Tue, 21 Mar 2023 | LK₨35.1b | LK₨54.8b | LK₨11.6b | 5.3x | 3x | 0.6x |
| Thu, 16 Feb 2023 | LK₨28.8b | LK₨56.8b | LK₨11.8b | 4.3x | 2.4x | 0.5x |
| Sat, 14 Jan 2023 | LK₨26.3b | LK₨59.7b | LK₨12.0b | 4.2x | 2.2x | 0.4x |
| Mon, 12 Dec 2022 | LK₨31.6b | LK₨59.7b | LK₨12.0b | 4.5x | 2.6x | 0.5x |
| Wed, 09 Nov 2022 | LK₨32.9b | LK₨64.5b | LK₨10.7b | 7.2x | 3.1x | 0.5x |
| Fri, 07 Oct 2022 | LK₨41.0b | LK₨64.5b | LK₨10.7b | 8.8x | 3.8x | 0.6x |
| Sun, 04 Sep 2022 | LK₨28.8b | LK₨64.5b | LK₨10.7b | 8.4x | 2.7x | 0.4x |
| Tue, 02 Aug 2022 | LK₨18.5b | LK₨60.7b | LK₨7.2b | 8.7x | 2.6x | 0.3x |
| Thu, 30 Jun 2022 | LK₨18.6b | LK₨60.7b | LK₨7.2b | 8.2x | 2.6x | 0.3x |
| Sat, 28 May 2022 | LK₨21.4b | LK₨55.3b | LK₨5.6b | 8.2x | 3.8x | 0.4x |
| Mon, 25 Apr 2022 | LK₨21.0b | LK₨55.3b | LK₨5.6b | 6.8x | 3.7x | 0.4x |
| Wed, 23 Mar 2022 | LK₨33.9b | LK₨55.3b | LK₨5.6b | 10.2x | 6x | 0.6x |
| Fri, 18 Feb 2022 | LK₨49.1b | LK₨55.3b | LK₨5.6b | 12.6x | 8.8x | 0.9x |
| Sun, 16 Jan 2022 | LK₨48.8b | LK₨49.6b | LK₨3.8b | 18.5x | 12.7x | 1x |
| Tue, 14 Dec 2021 | LK₨44.7b | LK₨49.6b | LK₨3.8b | 15.4x | 11.6x | 0.9x |
| Thu, 11 Nov 2021 | LK₨27.2b | LK₨49.6b | LK₨3.9b | 11.2x | 7.1x | 0.5x |
| Sat, 09 Oct 2021 | LK₨20.8b | LK₨44.6b | LK₨2.5b | 11.1x | 8.2x | 0.5x |
| Mon, 06 Sep 2021 | LK₨20.6b | LK₨44.6b | LK₨2.5b | 11.3x | 8.1x | 0.5x |
| Wed, 04 Aug 2021 | LK₨18.1b | LK₨44.6b | LK₨2.5b | 9.5x | 7.1x | 0.4x |
| Sat, 08 May 2021 | LK₨16.2b | LK₨39.2b | LK₨2.0b | 10.4x | 8.3x | 0.4x |
| Tue, 09 Feb 2021 | LK₨21.3b | LK₨33.2b | LK₨1.5b | 12.4x | 13.8x | 0.6x |
| Mon, 02 Nov 2020 | LK₨13.1b | LK₨31.9b | LK₨1.5b | 9.1x | 8.8x | 0.4x |
| Thu, 06 Aug 2020 | LK₨9.7b | LK₨30.6b | LK₨1.1b | 8.4x | 9.1x | 0.3x |
| Sun, 10 May 2020 | LK₨6.5b | LK₨33.7b | LK₨1.2b | 4.5x | 5.2x | 0.2x |
Price to Earnings Ratio
5.2x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Electrical 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 3.0x which is lower than its 3-year average PE of 6.8x.
- The industry is trading close to its 3-year average PS ratio of 0.47x.
Past Earnings Growth
- The earnings for companies in the Electrical industry have grown 111% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Sri Lankan Industrials industry?
| LK Market | 2.04% | |
| Industrials | -0.099% | |
| Electrical | 3.84% | |
| Heavy Electrical Equipment | 4.76% | |
| Electrical Components | 3.83% | |
Industry PE
- Investors are most optimistic about the Heavy Electrical Equipment industry which is trading above its 3-year average PE ratio of 67.6x.
- 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, which is trading below its 3-year average of 6.7x.
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 | |
|---|---|---|---|---|---|
| SIRA.N0000 Sierra Cables | LK₨13.50 | 3.8% +LK₨268.8m | 27.4% | PE7.3x | |
| KCAB.N0000 Kelani Cables | LK₨282.00 | 0.4% +LK₨27.3m | -20.6% | PE2x | |
| MEL.N0000 Mackwoods Energy | LK₨2.20 | 4.8% +LK₨10.0m | 10.0% | PE170.3x |