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Sri Lankan (CSE) Real Estate Sector Analysis

UpdatedFeb 22, 2025
DataAggregated Company Financials
Companies19
  • 7D-1.7%
  • 3M30.2%
  • 1Y49.4%
  • YTD0.4%

Over the last 7 days, the Real Estate industry has remained flat, although notably Lee Hedges gained 18%. As for the the longer term, the industry is up 49% over the past 12 months.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 22 Feb 2025LK₨72.5bLK₨20.5bLK₨9.8b9.3x7.4x3.5x
Mon, 20 Jan 2025LK₨68.2bLK₨20.6bLK₨9.7b8.4x7x3.3x
Wed, 18 Dec 2024LK₨59.5bLK₨20.6bLK₨9.7b7.4x6.1x2.9x
Fri, 15 Nov 2024LK₨55.9bLK₨20.5bLK₨9.7b6.4x5.8x2.7x
Sun, 13 Oct 2024LK₨52.4bLK₨19.7bLK₨8.6b6.2x6.1x2.7x
Tue, 10 Sep 2024LK₨50.1bLK₨19.7bLK₨8.6b5.7x5.8x2.5x
Thu, 08 Aug 2024LK₨51.4bLK₨19.4bLK₨8.4b6.4x6.1x2.6x
Sat, 06 Jul 2024LK₨52.7bLK₨18.3bLK₨7.9b6.7x6.7x2.9x
Mon, 03 Jun 2024LK₨54.8bLK₨19.5bLK₨6.9b7.4x7.9x2.8x
Wed, 01 May 2024LK₨53.0bLK₨19.2bLK₨6.3b6.7x8.4x2.8x
Fri, 29 Mar 2024LK₨51.7bLK₨18.4bLK₨6.8b6.7x7.6x2.8x
Sun, 25 Feb 2024LK₨48.5bLK₨18.5bLK₨5.7b6.6x8.6x2.6x
Tue, 23 Jan 2024LK₨46.3bLK₨20.0bLK₨4.7b7.2x9.9x2.3x
Thu, 21 Dec 2023LK₨46.7bLK₨20.0bLK₨4.7b7.5x10x2.3x
Sat, 18 Nov 2023LK₨48.8bLK₨20.0bLK₨4.8b8x10.2x2.4x
Mon, 16 Oct 2023LK₨50.5bLK₨28.4bLK₨8.5b7.9x5.9x1.8x
Wed, 13 Sep 2023LK₨51.8bLK₨28.4bLK₨8.5b8.3x6.1x1.8x
Fri, 11 Aug 2023LK₨53.4bLK₨31.4bLK₨8.7b8.8x6.1x1.7x
Sun, 09 Jul 2023LK₨51.3bLK₨33.9bLK₨8.9b7.7x5.8x1.5x
Tue, 06 Jun 2023LK₨46.5bLK₨34.4bLK₨9.5b7.1x4.9x1.3x
Thu, 04 May 2023LK₨45.7bLK₨34.4bLK₨10.5b6.7x4.3x1.3x
Sat, 01 Apr 2023LK₨48.6bLK₨40.6bLK₨10.8b6.5x4.5x1.2x
Mon, 27 Feb 2023LK₨48.0bLK₨40.6bLK₨12.1b6.3x4x1.2x
Wed, 25 Jan 2023LK₨47.5bLK₨40.2bLK₨13.7b6.7x3.5x1.2x
Fri, 23 Dec 2022LK₨43.7bLK₨40.2bLK₨13.7b5.6x3.2x1.1x
Sun, 20 Nov 2022LK₨43.9bLK₨41.1bLK₨13.7b7.5x3.2x1.1x
Tue, 18 Oct 2022LK₨46.3bLK₨33.4bLK₨11.6b8.8x4x1.4x
Thu, 15 Sep 2022LK₨51.2bLK₨33.4bLK₨11.6b8.7x4.4x1.5x
Sat, 13 Aug 2022LK₨47.5bLK₨33.2bLK₨11.4b7.2x4.2x1.4x
Mon, 11 Jul 2022LK₨39.9bLK₨27.5bLK₨10.3b6.9x3.9x1.4x
Wed, 08 Jun 2022LK₨52.7bLK₨28.4bLK₨10.9b9.4x4.8x1.9x
Fri, 06 May 2022LK₨51.7bLK₨27.5bLK₨11.3b10.4x4.6x1.9x
Sun, 03 Apr 2022LK₨57.5bLK₨21.8bLK₨6.4b11.7x9x2.6x
Tue, 01 Mar 2022LK₨70.9bLK₨21.1bLK₨5.1b13.4x13.9x3.4x
Price to Earnings Ratio

13.9x


Total Market Cap: LK₨70.9bTotal Earnings: LK₨5.1bTotal Revenue: LK₨21.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Real Estate Sector Price to Earnings3Y Average 6.1x202320242025
Current Industry PE
  • Investors are optimistic on the Sri Lankan Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 7.4x which is higher than its 3-year average PE of 6.1x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 24% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Sri Lankan Real Estate sector?

LK Market-0.87%
Real Estate-1.73%
REITS0%0
Specialized REITs0%0
Residential REITs0%0
Hotel and Resort REITs0%0
Industrial REITs0%0
Health Care REITs0%0
Retail REITs0%0
Office REITs0%0
Real Estate-1.73%
Industry PE
  • Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 6.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Real Estate industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.1x.
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?

CompanyLast Price7D1YValuation
SHAW.N0000 Lee HedgesLK₨109.5017.7%
+LK₨422.4m
50.8%PE19.1x
COMD.N0000 Commercial DevelopmentLK₨147.004.4%
+LK₨75.0m
35.5%PE6.3x
MSL.N0000 Mercantile ShippingLK₨209.7513.7%
+LK₨71.8m
29.7%PS30.4x
EAST.N0000 East West PropertiesLK₨15.502.0%
+LK₨41.5m
98.7%PE34.4x
MDL.N0000 Myland DevelopmentsLK₨9.403.3%
+LK₨10.9m
9.3%PS6.8x
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Latest News

SHAW.N0000

LK₨109.50

Lee Hedges

7D

17.7%

1Y

50.8%

MDL.N0000

LK₨9.40

Myland Developments

7D

3.3%

1Y

9.3%

CTLD.N0000

LK₨36.30

CT Land Development

7D

-7.9%

1Y

49.4%

EAST.N0000

LK₨15.50

East West Properties

7D

2.0%

1Y

98.7%

CABO.N0000

LK₨90.00

Cargo Boat Development

7D

-5.2%

1Y

76.8%

PLR.N0000

LK₨11.90

Prime Lands Residencies

7D

-3.3%

1Y

75.0%

MSL.N0000

LK₨209.75

Mercantile Shipping

7D

13.7%

1Y

29.7%

ASCO.N0000

LK₨13.40

Lanka Realty Investments

7D

-10.1%

1Y

30.1%

ONAL.N0000

LK₨28.60

On'ally Holdings

7D

-7.4%

1Y

10.0%

CLND.N0000

LK₨25.40

Colombo Land and Development

7D

-5.9%

1Y

41.1%

OSEA.N0000

LK₨24.30

Overseas Realty (Ceylon)

7D

-0.4%

1Y

50.0%

CSD.N0000

LK₨24.00

Seylan Developments

7D

-4.0%

1Y

52.9%

YORK.N0000

LK₨170.50

York Arcade Holdings

7D

4.8%

1Y

25.6%

COMD.N0000

LK₨147.00

Commercial Development

7D

4.4%

1Y

35.5%