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Sri Lankan (CSE) Real Estate Sector Analysis

UpdatedDec 06, 2022
DataAggregated Company Financials
Companies18
  • 7D5.4%
  • 3M-4.5%
  • 1Y-23.9%
  • YTD-31.8%

The Real Estate industry is up 5.4% in the last week, with Overseas Realty (Ceylon) up 9.5%. In the same time, CT Land Development was down 6.1%. However, the industry is down 24% over the past year.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Dec 2022LK₨45.9bLK₨40.2bLK₨13.6b7.1x3.4x1.1x
Thu, 03 Nov 2022LK₨44.9bLK₨34.1bLK₨11.6b8.1x3.9x1.3x
Sat, 01 Oct 2022LK₨49.7bLK₨33.4bLK₨11.6b9.1x4.3x1.5x
Mon, 29 Aug 2022LK₨49.0bLK₨33.4bLK₨11.6b8.5x4.2x1.5x
Wed, 27 Jul 2022LK₨42.9bLK₨27.5bLK₨10.3b6.8x4.2x1.6x
Fri, 24 Jun 2022LK₨43.6bLK₨27.5bLK₨10.3b7.3x4.2x1.6x
Sun, 22 May 2022LK₨54.4bLK₨27.7bLK₨12.4b9.4x4.4x2x
Tue, 19 Apr 2022LK₨55.6bLK₨21.8bLK₨9.2b10.6x6.1x2.5x
Thu, 17 Mar 2022LK₨64.6bLK₨21.8bLK₨6.4b11.9x10.1x3x
Sat, 12 Feb 2022LK₨76.0bLK₨20.9bLK₨5.1b12.7x14.9x3.6x
Mon, 10 Jan 2022LK₨83.5bLK₨20.4bLK₨4.9b13.3x16.9x4.1x
Wed, 08 Dec 2021LK₨70.7bLK₨20.2bLK₨4.9b11.2x14.5x3.5x
Fri, 05 Nov 2021LK₨73.4bLK₨20.3bLK₨4.8b11.4x15.2x3.6x
Sun, 03 Oct 2021LK₨71.4bLK₨18.7bLK₨5.0b12.2x14.4x3.8x
Tue, 31 Aug 2021LK₨69.9bLK₨18.3bLK₨4.7b12.1x14.8x3.8x
Wed, 07 Jul 2021LK₨69.1bLK₨18.3bLK₨4.7b12.3x14.6x3.8x
Sat, 10 Apr 2021LK₨57.3bLK₨9.5bLK₨3.2b10.9x18x6x
Fri, 01 Jan 2021LK₨57.4bLK₨9.2bLK₨3.3b10.9x17.6x6.2x
Mon, 05 Oct 2020LK₨58.0bLK₨10.0bLK₨5.3b8.2x11x5.8x
Thu, 09 Jul 2020LK₨50.9bLK₨11.5bLK₨6.3b10.1x8.1x4.4x
Wed, 01 Apr 2020LK₨45.6bLK₨12.4bLK₨9.5b8.1x4.8x3.7x
Sat, 04 Jan 2020LK₨58.2bLK₨13.9bLK₨10.8b8.5x5.4x4.2x
Price to Earnings Ratio

5.4x


Total Market Cap: LK₨58.2bTotal Earnings: LK₨10.8bTotal Revenue: LK₨13.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Real Estate Sector Price to Earnings3Y Average 10.2x20212022
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 3.4x which is lower than its 3-year average PE of 10.2x.
  • The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 7.8% per year over the last three years.
  • Revenues for these companies have grown 43% 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 Real Estate sector?

LK Market7.04%
Real Estate5.37%
Real Estate5.37%
REITS0%
Industry PE
  • Investors are most optimistic about the Real Estate industry even though it's trading below its 3-year average PE ratio of 10.2x.
    • 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 10.2x.
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
OSEA.N0000 Overseas Realty (Ceylon)LK₨14.808.0%
+LK₨1.4b
-15.4%PB0.4x
PLR.N0000 Prime Lands ResidenciesLK₨7.304.3%
+LK₨281.3m
-23.2%PB0.8x
MSL.N0000 Mercantile ShippingLK₨235.2533.1%
+LK₨166.4m
139.1%PB8x
ASCO.N0000 Lanka Realty InvestmentsLK₨11.006.8%
+LK₨148.0m
-58.6%PB0.3x
SHAW.N0000 Lee HedgesLK₨79.505.4%
+LK₨105.0m
4.6%PB0.4x
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Latest News

ASCO.N0000

LK₨11.00

Lanka Realty Investments

7D

6.8%

1Y

-58.6%

SLND.N0000

LK₨1,263.75

Serendib Land

7D

-0.9%

1Y

-36.9%

MDL.N0000

LK₨9.10

Myland Developments

7D

-2.2%

1Y

n/a

SHAW.N0000

LK₨79.50

Lee Hedges

7D

5.4%

1Y

4.6%

MSL.N0000

LK₨235.25

Mercantile Shipping

7D

33.1%

1Y

139.1%

YORK.N0000

LK₨127.75

York Arcade Holdings

7D

-1.5%

1Y

-36.9%

OSEA.N0000

LK₨14.80

Overseas Realty (Ceylon)

7D

8.0%

1Y

-15.4%

ETWO.N0000

LK₨40.90

Equity Two

7D

-2.4%

1Y

-18.2%

CTLD.N0000

LK₨23.00

CT Land Development

7D

-6.1%

1Y

-20.4%

EAST.N0000

LK₨6.70

East West Properties

7D

11.7%

1Y

-29.5%

PLR.N0000

LK₨7.30

Prime Lands Residencies

7D

4.3%

1Y

-23.2%

CSD.N0000

LK₨11.60

Seylan Developments

7D

4.5%

1Y

-32.6%

MHDL.N0000

LK₨3.20

Millennium Housing Developers

7D

10.3%

1Y

-46.7%