Header cover image

Sri Lankan (CSE) Materials Sector Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies19
  • 7D1.4%
  • 3M0.1%
  • 1Y0.3%
  • YTD-1.3%

Over the last 7 days, the Materials industry has risen 1.4%, driven by gains from Haycarb of 7.3%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 33% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024LK₨163.5bLK₨352.9bLK₨27.1b6.6x6x0.5x
Mon, 22 Jan 2024LK₨163.9bLK₨352.1bLK₨22.2b6.3x7.4x0.5x
Wed, 20 Dec 2023LK₨163.1bLK₨352.1bLK₨22.2b6.1x7.3x0.5x
Fri, 17 Nov 2023LK₨166.1bLK₨354.7bLK₨26.2b5.8x6.3x0.5x
Sun, 15 Oct 2023LK₨175.3bLK₨366.6bLK₨29.0b5.5x6x0.5x
Tue, 12 Sep 2023LK₨183.6bLK₨366.6bLK₨29.0b5.7x6.3x0.5x
Thu, 10 Aug 2023LK₨181.5bLK₨380.3bLK₨35.9b5.2x5.1x0.5x
Sat, 08 Jul 2023LK₨178.2bLK₨382.3bLK₨38.9b5.2x4.6x0.5x
Mon, 05 Jun 2023LK₨152.2bLK₨382.5bLK₨39.2b4.4x3.9x0.4x
Wed, 03 May 2023LK₨160.3bLK₨375.1bLK₨40.5b5.1x4x0.4x
Fri, 31 Mar 2023LK₨162.7bLK₨372.8bLK₨40.7b5.3x4x0.4x
Sun, 26 Feb 2023LK₨164.6bLK₨372.7bLK₨41.2b5x4x0.4x
Tue, 24 Jan 2023LK₨161.4bLK₨362.3bLK₨43.3b4.2x3.7x0.4x
Thu, 22 Dec 2022LK₨152.9bLK₨351.2bLK₨42.0b4.2x3.6x0.4x
Sat, 19 Nov 2022LK₨145.7bLK₨348.3bLK₨40.9b4.3x3.6x0.4x
Mon, 17 Oct 2022LK₨179.4bLK₨301.6bLK₨33.5b5.3x5.4x0.6x
Wed, 14 Sep 2022LK₨194.3bLK₨301.6bLK₨33.5b6.4x5.8x0.6x
Fri, 12 Aug 2022LK₨159.7bLK₨289.5bLK₨29.6b5.5x5.4x0.6x
Sun, 10 Jul 2022LK₨104.9bLK₨265.7bLK₨24.5b4.4x4.3x0.4x
Tue, 07 Jun 2022LK₨118.8bLK₨265.7bLK₨24.5b4.8x4.9x0.4x
Thu, 05 May 2022LK₨114.5bLK₨247.9bLK₨25.5b5.4x4.5x0.5x
Sat, 02 Apr 2022LK₨126.7bLK₨247.9bLK₨25.5b5.8x5x0.5x
Mon, 28 Feb 2022LK₨174.4bLK₨247.9bLK₨25.5b7.3x6.8x0.7x
Wed, 26 Jan 2022LK₨221.3bLK₨236.4bLK₨24.1b9.8x9.2x0.9x
Fri, 24 Dec 2021LK₨209.7bLK₨236.2bLK₨24.1b9.2x8.7x0.9x
Sun, 21 Nov 2021LK₨185.5bLK₨235.9bLK₨24.2b7.9x7.7x0.8x
Tue, 19 Oct 2021LK₨178.4bLK₨226.6bLK₨26.2b7.8x6.8x0.8x
Thu, 16 Sep 2021LK₨176.7bLK₨226.6bLK₨26.2b7.9x6.7x0.8x
Sat, 14 Aug 2021LK₨176.5bLK₨226.6bLK₨26.2b8.1x6.7x0.8x
Wed, 09 Jun 2021LK₨167.6bLK₨204.0bLK₨24.6b7.2x6.8x0.8x
Tue, 02 Mar 2021LK₨169.2bLK₨183.3bLK₨18.8b9.1x9x0.9x
Price to Earnings Ratio

9x


Total Market Cap: LK₨169.2bTotal Earnings: LK₨18.8bTotal Revenue: LK₨183.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Materials Sector Price to Earnings3Y Average 5.9x202220232024
Current Industry PE
  • Investors are relatively neutral on the Sri Lankan Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 5.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 24% 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 Materials sector?

LK Market1.19%
Materials1.44%
Basic Materials2.02%
Metals and Mining1.74%
Chemicals1.65%
Packaging0.21%
Paper and Forestry Products0%
Industry PE
  • Investors are most optimistic about the Packaging industry, which is trading close to its 3-year average PE ratio of 9.5x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 50% over the next 5 years.
  • This is better than its past earnings growth rate of 33% per year.
  • In contrast, the Chemicals industry is expected to see its earnings grow by 19% 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
HAYC.N0000 HaycarbLK₨72.007.3%
+LK₨1.5b
20.8%PE5.8x
TKYO.N0000 Tokyo Cement Company (Lanka)LK₨45.502.0%
+LK₨396.9m
25.8%PE8.3x
JAT.N0000 JAT HoldingsLK₨14.001.4%
+LK₨102.1m
-13.0%PE8x
GLAS.N0000 PGP Glass CeylonLK₨26.200.4%
+LK₨95.0m
74.7%PE8.5x
LALU.N0000 Lanka Aluminium IndustriesLK₨17.407.4%
+LK₨82.2m
6.7%PE6.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

HAYC.N0000

LK₨72.00

Haycarb

7D

7.3%

1Y

20.8%

REXP.N0000

LK₨444.25

Richard Pieris Exports

7D

-1.3%

1Y

-23.3%

APLA.N0000

LK₨361.00

ACL Plastics

7D

4.2%

1Y

-9.6%

GLAS.N0000

LK₨26.20

PGP Glass Ceylon

7D

0.4%

1Y

74.7%

DIPD.N0000

LK₨27.20

Dipped Products

7D

0.4%

1Y

-9.3%

JAT.N0000

LK₨14.00

JAT Holdings

7D

1.4%

1Y

-13.0%

LALU.N0000

LK₨17.40

Lanka Aluminium Industries

7D

7.4%

1Y

6.7%

SIL.N0000

LK₨136.00

Samson International

7D

-0.7%

1Y

-38.5%

TKYO.N0000

LK₨45.50

Tokyo Cement Company (Lanka)

7D

2.0%

1Y

25.8%

PACK.N0000

LK₨11.90

Ex-pack Corrugated Cartons

7D

-0.8%

1Y

-27.4%

PARQ.N0000

LK₨16.00

Swisstek (Ceylon)

7D

3.9%

1Y

8.1%