Sri Lankan (CSE) Materials Sector Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies19
- 7D2.3%
- 3M16.1%
- 1Y17.8%
- YTD13.1%
Over the last 7 days, the Materials industry has risen 1.3%, driven by gains from CIC Holdings of 6.1%. This takes the industry's 12 month performance to a gain of 16%. As for the next few years, earnings are expected to grow by 23% per annum.
Sector Valuation and Performance
Has the Sri Lankan Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | LK₨187.5b | LK₨353.8b | LK₨27.4b | 8.2x | 6.8x | 0.5x |
| Sun, 24 Mar 2024 | LK₨182.9b | LK₨353.8b | LK₨27.4b | 7.8x | 6.7x | 0.5x |
| Tue, 20 Feb 2024 | LK₨162.3b | LK₨352.9b | LK₨27.1b | 6.4x | 6x | 0.5x |
| Thu, 18 Jan 2024 | LK₨164.1b | LK₨352.1b | LK₨22.2b | 6.4x | 7.4x | 0.5x |
| Sat, 16 Dec 2023 | LK₨165.6b | LK₨352.1b | LK₨22.2b | 6.2x | 7.5x | 0.5x |
| Mon, 13 Nov 2023 | LK₨167.3b | LK₨354.6b | LK₨26.4b | 5.9x | 6.3x | 0.5x |
| Wed, 11 Oct 2023 | LK₨177.2b | LK₨366.6b | LK₨29.0b | 5.6x | 6.1x | 0.5x |
| Fri, 08 Sep 2023 | LK₨183.6b | LK₨366.6b | LK₨29.0b | 5.8x | 6.3x | 0.5x |
| Sun, 06 Aug 2023 | LK₨182.1b | LK₨381.7b | LK₨36.2b | 5.2x | 5x | 0.5x |
| Tue, 04 Jul 2023 | LK₨165.5b | LK₨382.3b | LK₨38.9b | 4.7x | 4.3x | 0.4x |
| Thu, 01 Jun 2023 | LK₨148.3b | LK₨382.7b | LK₨40.2b | 3.7x | 3.7x | 0.4x |
| Sat, 29 Apr 2023 | LK₨161.2b | LK₨375.1b | LK₨40.8b | 5.4x | 4x | 0.4x |
| Mon, 27 Mar 2023 | LK₨166.6b | LK₨372.8b | LK₨40.7b | 5.7x | 4.1x | 0.4x |
| Wed, 22 Feb 2023 | LK₨161.5b | LK₨372.6b | LK₨41.1b | 5.2x | 3.9x | 0.4x |
| Fri, 20 Jan 2023 | LK₨152.6b | LK₨351.3b | LK₨42.0b | 4.2x | 3.6x | 0.4x |
| Sun, 18 Dec 2022 | LK₨159.7b | LK₨351.2b | LK₨42.0b | 4.6x | 3.8x | 0.5x |
| Tue, 15 Nov 2022 | LK₨157.9b | LK₨340.4b | LK₨40.6b | 4.6x | 3.9x | 0.5x |
| Thu, 13 Oct 2022 | LK₨172.2b | LK₨301.6b | LK₨33.5b | 5.3x | 5.1x | 0.6x |
| Sat, 10 Sep 2022 | LK₨189.4b | LK₨301.6b | LK₨33.5b | 6x | 5.7x | 0.6x |
| Mon, 08 Aug 2022 | LK₨142.4b | LK₨279.4b | LK₨26.9b | 5.7x | 5.3x | 0.5x |
| Wed, 06 Jul 2022 | LK₨109.2b | LK₨265.7b | LK₨24.5b | 4.5x | 4.5x | 0.4x |
| Fri, 03 Jun 2022 | LK₨121.4b | LK₨261.0b | LK₨28.1b | 4.7x | 4.3x | 0.5x |
| Sun, 01 May 2022 | LK₨116.4b | LK₨247.9b | LK₨25.5b | 5.7x | 4.6x | 0.5x |
| Tue, 29 Mar 2022 | LK₨152.1b | LK₨247.9b | LK₨25.5b | 6.6x | 6x | 0.6x |
| Thu, 24 Feb 2022 | LK₨176.0b | LK₨246.0b | LK₨25.1b | 7.8x | 7x | 0.7x |
| Sat, 22 Jan 2022 | LK₨226.0b | LK₨236.2b | LK₨24.1b | 9.4x | 9.4x | 1x |
| Mon, 20 Dec 2021 | LK₨211.7b | LK₨236.2b | LK₨24.1b | 9.4x | 8.8x | 0.9x |
| Wed, 17 Nov 2021 | LK₨182.3b | LK₨235.6b | LK₨24.1b | 7.7x | 7.6x | 0.8x |
| Fri, 15 Oct 2021 | LK₨179.9b | LK₨226.6b | LK₨26.2b | 7.8x | 6.9x | 0.8x |
| Sun, 12 Sep 2021 | LK₨176.8b | LK₨226.6b | LK₨26.2b | 7.9x | 6.7x | 0.8x |
| Tue, 10 Aug 2021 | LK₨170.1b | LK₨221.3b | LK₨25.6b | 8.2x | 6.6x | 0.8x |
| Mon, 03 May 2021 | LK₨169.5b | LK₨204.0b | LK₨24.6b | 6.6x | 6.9x | 0.8x |
Price to Earnings Ratio
6.9x
Current Industry PE
- Investors are optimistic on the Sri Lankan Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.8x which is higher than its 3-year average PE of 5.8x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 3.7% per year over the last three years.
- Revenues for these companies have grown 20% 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 Market | 3.04% | |
| Materials | 2.31% | |
| Basic Materials | 4.36% | |
| Chemicals | 2.67% | |
| Metals and Mining | 1.53% | |
| Packaging | 0.074% | |
| Paper and Forestry Products | 0% | |
Industry PE
- Investors are most optimistic about the Packaging industry, which is trading close to its 3-year average PE ratio of 9.2x.
- 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 36% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Chemicals industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| CIC.N0000 CIC Holdings | LK₨78.00 | 6.1% +LK₨1.7b | 15.6% | PE3x | |
| TKYO.N0000 Tokyo Cement Company (Lanka) | LK₨52.70 | 4.4% +LK₨970.3m | 24.7% | PE9.6x | |
| LLUB.N0000 Chevron Lubricants Lanka | LK₨115.50 | 1.3% +LK₨360.0m | 24.9% | PE7.7x | |
| DIPD.N0000 Dipped Products | LK₨29.80 | 2.1% +LK₨359.2m | 8.4% | PE6x | |
| AGST.N0000 AgStar | LK₨8.40 | 7.7% +LK₨292.5m | -28.2% | PE8.8x |