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Sri Lankan (CSE) Real Estate Sector Analysis

UpdatedDec 07, 2021
DataAggregated Company Financials
Companies17
  • 7D-2.1%
  • 3M3.7%
  • 1Y6.4%
  • YTD2.0%

Over the last 7 days, the Real Estate industry has dropped 2.1%, driven by a decline by Overseas Realty (Ceylon) of 2.8%. This takes the industry's 12 month performance to a gain of 6.4%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Thu, 09 Dec 2021LK₨70.7bLK₨20.2bLK₨4.9b11.2x
Sat, 06 Nov 2021LK₨73.4bLK₨20.3bLK₨4.8b11.3x
Mon, 04 Oct 2021LK₨71.4bLK₨18.7bLK₨5.0b12.2x
Wed, 01 Sep 2021LK₨69.5bLK₨18.3bLK₨4.7b11.8x
Thu, 08 Jul 2021LK₨69.1bLK₨18.3bLK₨4.7b12.3x
Wed, 31 Mar 2021LK₨57.3bLK₨9.5bLK₨3.2b10.9x
Sat, 02 Jan 2021LK₨57.4bLK₨9.2bLK₨3.3b10.9x
Tue, 06 Oct 2020LK₨58.0bLK₨10.0bLK₨5.3b8.2x
Fri, 10 Jul 2020LK₨50.9bLK₨11.5bLK₨6.3b10.1x
Thu, 02 Apr 2020LK₨45.6bLK₨12.4bLK₨9.5b8.1x
Sun, 05 Jan 2020LK₨58.2bLK₨13.9bLK₨10.8b8.5x
Wed, 09 Oct 2019LK₨57.8bLK₨14.5bLK₨10.4b7.1x
Tue, 02 Jul 2019LK₨47.9bLK₨13.7bLK₨9.6b5.8x
Fri, 05 Apr 2019LK₨44.6bLK₨12.1bLK₨7.5b7.5x
Mon, 07 Jan 2019LK₨46.0bLK₨10.5bLK₨8.1b5.8x
PE Ratio

5.8x

Total Market Cap: LK₨46.0bTotal Earnings: LK₨8.1bTotal Revenue: LK₨10.5b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.0x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Real Estate industry have declined 16% per year over the last three years, while revenues for these companies have grown 24% 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 Real Estate sector?

Real Estate-2.07%

Industry PE: Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 9.0x. It looks like they are confident that earnings will grow faster in the future than they have historically.

Forecasted Growth: There 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?

Company7D1YValuation
PDL.N0000 Property Development2.1%+LK₨198.0m12.7%PB2.2x
CLND.N0000 Colombo Land and Development2.7%+LK₨179.9m28.0%PB0.8x
EAST.N0000 East West Properties8.3%+LK₨110.6m-15.4%PB0.6x
SHAW.N0000 Lee Hedges3.9%+LK₨74.2m-4.4%PB0.4x
MHDL.N0000 Millennium Housing Developers1.7%+LK₨13.5m-14.5%PB0.7x
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