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Sri Lankan (CSE) Real Estate Sector Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies19
- 7D0.7%
- 3M8.6%
- 1Y17.8%
- YTD20.6%
Last week, the Real Estate industry hasn't moved much but Seylan Developments is up 14% in that time. As for the the longer term, the industry is up 18% over the past 12 months.
Sector Valuation and Performance
Has the Sri Lankan Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | LK₨56.3b | LK₨20.6b | LK₨9.8b | 6.4x | 5.8x | 2.7x |
| Sat, 19 Oct 2024 | LK₨52.6b | LK₨19.7b | LK₨8.6b | 6.1x | 6.1x | 2.7x |
| Mon, 16 Sep 2024 | LK₨50.6b | LK₨19.7b | LK₨8.6b | 5.9x | 5.9x | 2.6x |
| Wed, 14 Aug 2024 | LK₨51.7b | LK₨19.5b | LK₨8.5b | 6.3x | 6.1x | 2.7x |
| Fri, 12 Jul 2024 | LK₨52.9b | LK₨18.3b | LK₨7.9b | 6.7x | 6.7x | 2.9x |
| Sun, 09 Jun 2024 | LK₨54.4b | LK₨18.4b | LK₨7.9b | 7.2x | 6.9x | 3x |
| Tue, 07 May 2024 | LK₨53.9b | LK₨19.2b | LK₨6.3b | 7.6x | 8.6x | 2.8x |
| Thu, 04 Apr 2024 | LK₨52.0b | LK₨18.4b | LK₨6.8b | 6.7x | 7.7x | 2.8x |
| Sat, 02 Mar 2024 | LK₨48.1b | LK₨18.5b | LK₨5.7b | 6.5x | 8.5x | 2.6x |
| Mon, 29 Jan 2024 | LK₨46.3b | LK₨20.0b | LK₨4.8b | 7.2x | 9.6x | 2.3x |
| Wed, 27 Dec 2023 | LK₨46.4b | LK₨20.0b | LK₨4.7b | 7.5x | 9.9x | 2.3x |
| Fri, 24 Nov 2023 | LK₨48.0b | LK₨20.0b | LK₨4.7b | 8x | 10.3x | 2.4x |
| Sun, 22 Oct 2023 | LK₨49.6b | LK₨27.4b | LK₨6.8b | 8.1x | 7.3x | 1.8x |
| Tue, 19 Sep 2023 | LK₨52.7b | LK₨28.4b | LK₨8.5b | 8.2x | 6.2x | 1.9x |
| Thu, 17 Aug 2023 | LK₨51.5b | LK₨28.4b | LK₨8.5b | 7.7x | 6.1x | 1.8x |
| Sat, 15 Jul 2023 | LK₨52.7b | LK₨33.9b | LK₨8.9b | 7.8x | 5.9x | 1.6x |
| Mon, 12 Jun 2023 | LK₨45.3b | LK₨34.5b | LK₨9.4b | 7.4x | 4.8x | 1.3x |
| Wed, 10 May 2023 | LK₨45.3b | LK₨34.4b | LK₨10.5b | 7x | 4.3x | 1.3x |
| Fri, 07 Apr 2023 | LK₨48.3b | LK₨40.6b | LK₨10.8b | 6.3x | 4.5x | 1.2x |
| Sun, 05 Mar 2023 | LK₨48.8b | LK₨40.6b | LK₨10.8b | 6.1x | 4.5x | 1.2x |
| Tue, 31 Jan 2023 | LK₨46.2b | LK₨40.2b | LK₨13.7b | 6.4x | 3.4x | 1.1x |
| Thu, 29 Dec 2022 | LK₨43.4b | LK₨40.2b | LK₨13.7b | 5.6x | 3.2x | 1.1x |
| Sat, 26 Nov 2022 | LK₨43.5b | LK₨40.2b | LK₨13.6b | 7x | 3.2x | 1.1x |
| Mon, 24 Oct 2022 | LK₨46.1b | LK₨33.7b | LK₨11.7b | 8.4x | 3.9x | 1.4x |
| Wed, 21 Sep 2022 | LK₨50.0b | LK₨33.4b | LK₨11.6b | 8.5x | 4.3x | 1.5x |
| Fri, 19 Aug 2022 | LK₨46.9b | LK₨33.4b | LK₨11.7b | 7.1x | 4x | 1.4x |
| Sun, 17 Jul 2022 | LK₨41.7b | LK₨27.5b | LK₨10.3b | 6.8x | 4.1x | 1.5x |
| Tue, 14 Jun 2022 | LK₨53.5b | LK₨28.4b | LK₨10.9b | 9.5x | 4.9x | 1.9x |
| Thu, 12 May 2022 | LK₨51.2b | LK₨27.7b | LK₨12.5b | 9.3x | 4.1x | 1.8x |
| Sat, 09 Apr 2022 | LK₨55.6b | LK₨21.8b | LK₨9.2b | 10.6x | 6.1x | 2.5x |
| Mon, 07 Mar 2022 | LK₨69.7b | LK₨21.8b | LK₨6.2b | 12.3x | 11.2x | 3.2x |
| Wed, 02 Feb 2022 | LK₨80.3b | LK₨20.4b | LK₨5.0b | 13.6x | 16.2x | 3.9x |
| Fri, 31 Dec 2021 | LK₨76.0b | LK₨20.4b | LK₨4.9b | 12.9x | 15.4x | 3.7x |
| Sun, 28 Nov 2021 | LK₨71.4b | LK₨20.2b | LK₨4.9b | 12x | 14.6x | 3.5x |
Price to Earnings Ratio
14.6x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Real Estate 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 5.8x which is lower than its 3-year average PE of 6.9x.
- The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 26% 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 | -0.27% | |
| Real Estate | 0.74% | |
| Real Estate | 0.74% | |
| REITS | 0% | |
| Specialized REITs | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
Industry PE
- Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 6.9x.
- 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, which is trading below its 3-year average of 6.9x.
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 | |
|---|---|---|---|---|---|
| CSD.N0000 Seylan Developments | LK₨18.50 | 6.9% +LK₨177.6m | 34.1% | PE8.2x | |
| EAST.N0000 East West Properties | LK₨10.20 | 3.0% +LK₨41.5m | 34.2% | PE25.8x | |
| CTLD.N0000 CT Land Development | LK₨24.20 | 0.8% +LK₨16.3m | -2.0% | PE2.6x | |
| MDL.N0000 Myland Developments | LK₨8.00 | 2.6% +LK₨7.3m | -10.1% | PS5.3x | |
| MSL.N0000 Mercantile Shipping | LK₨190.00 | 0.7% +LK₨3.6m | 18.8% | PS28.4x |