Sri Lankan (CSE) Real Estate Sector Analysis
- 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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 09 Dec 2021 | LK₨70.7b | LK₨20.2b | LK₨4.9b | 11.2x |
| Sat, 06 Nov 2021 | LK₨73.4b | LK₨20.3b | LK₨4.8b | 11.3x |
| Mon, 04 Oct 2021 | LK₨71.4b | LK₨18.7b | LK₨5.0b | 12.2x |
| Wed, 01 Sep 2021 | LK₨69.5b | LK₨18.3b | LK₨4.7b | 11.8x |
| Thu, 08 Jul 2021 | LK₨69.1b | LK₨18.3b | LK₨4.7b | 12.3x |
| Wed, 31 Mar 2021 | LK₨57.3b | LK₨9.5b | LK₨3.2b | 10.9x |
| Sat, 02 Jan 2021 | LK₨57.4b | LK₨9.2b | LK₨3.3b | 10.9x |
| Tue, 06 Oct 2020 | LK₨58.0b | LK₨10.0b | LK₨5.3b | 8.2x |
| Fri, 10 Jul 2020 | LK₨50.9b | LK₨11.5b | LK₨6.3b | 10.1x |
| Thu, 02 Apr 2020 | LK₨45.6b | LK₨12.4b | LK₨9.5b | 8.1x |
| Sun, 05 Jan 2020 | LK₨58.2b | LK₨13.9b | LK₨10.8b | 8.5x |
| Wed, 09 Oct 2019 | LK₨57.8b | LK₨14.5b | LK₨10.4b | 7.1x |
| Tue, 02 Jul 2019 | LK₨47.9b | LK₨13.7b | LK₨9.6b | 5.8x |
| Fri, 05 Apr 2019 | LK₨44.6b | LK₨12.1b | LK₨7.5b | 7.5x |
| Mon, 07 Jan 2019 | LK₨46.0b | LK₨10.5b | LK₨8.1b | 5.8x |
5.8x
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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| PDL.N0000 Property Development | 2.1%+LK₨198.0m | 12.7% | PB2.2x | |
| CLND.N0000 Colombo Land and Development | 2.7%+LK₨179.9m | 28.0% | PB0.8x | |
| EAST.N0000 East West Properties | 8.3%+LK₨110.6m | -15.4% | PB0.6x | |
| SHAW.N0000 Lee Hedges | 3.9%+LK₨74.2m | -4.4% | PB0.4x | |
| MHDL.N0000 Millennium Housing Developers | 1.7%+LK₨13.5m | -14.5% | PB0.7x |