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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Dec 2022 | LK₨45.9b | LK₨40.2b | LK₨13.6b | 7.1x | 3.4x | 1.1x |
| Thu, 03 Nov 2022 | LK₨44.9b | LK₨34.1b | LK₨11.6b | 8.1x | 3.9x | 1.3x |
| Sat, 01 Oct 2022 | LK₨49.7b | LK₨33.4b | LK₨11.6b | 9.1x | 4.3x | 1.5x |
| Mon, 29 Aug 2022 | LK₨49.0b | LK₨33.4b | LK₨11.6b | 8.5x | 4.2x | 1.5x |
| Wed, 27 Jul 2022 | LK₨42.9b | LK₨27.5b | LK₨10.3b | 6.8x | 4.2x | 1.6x |
| Fri, 24 Jun 2022 | LK₨43.6b | LK₨27.5b | LK₨10.3b | 7.3x | 4.2x | 1.6x |
| Sun, 22 May 2022 | LK₨54.4b | LK₨27.7b | LK₨12.4b | 9.4x | 4.4x | 2x |
| Tue, 19 Apr 2022 | LK₨55.6b | LK₨21.8b | LK₨9.2b | 10.6x | 6.1x | 2.5x |
| Thu, 17 Mar 2022 | LK₨64.6b | LK₨21.8b | LK₨6.4b | 11.9x | 10.1x | 3x |
| Sat, 12 Feb 2022 | LK₨76.0b | LK₨20.9b | LK₨5.1b | 12.7x | 14.9x | 3.6x |
| Mon, 10 Jan 2022 | LK₨83.5b | LK₨20.4b | LK₨4.9b | 13.3x | 16.9x | 4.1x |
| Wed, 08 Dec 2021 | LK₨70.7b | LK₨20.2b | LK₨4.9b | 11.2x | 14.5x | 3.5x |
| Fri, 05 Nov 2021 | LK₨73.4b | LK₨20.3b | LK₨4.8b | 11.4x | 15.2x | 3.6x |
| Sun, 03 Oct 2021 | LK₨71.4b | LK₨18.7b | LK₨5.0b | 12.2x | 14.4x | 3.8x |
| Tue, 31 Aug 2021 | LK₨69.9b | LK₨18.3b | LK₨4.7b | 12.1x | 14.8x | 3.8x |
| Wed, 07 Jul 2021 | LK₨69.1b | LK₨18.3b | LK₨4.7b | 12.3x | 14.6x | 3.8x |
| Sat, 10 Apr 2021 | LK₨57.3b | LK₨9.5b | LK₨3.2b | 10.9x | 18x | 6x |
| Fri, 01 Jan 2021 | LK₨57.4b | LK₨9.2b | LK₨3.3b | 10.9x | 17.6x | 6.2x |
| Mon, 05 Oct 2020 | LK₨58.0b | LK₨10.0b | LK₨5.3b | 8.2x | 11x | 5.8x |
| Thu, 09 Jul 2020 | LK₨50.9b | LK₨11.5b | LK₨6.3b | 10.1x | 8.1x | 4.4x |
| Wed, 01 Apr 2020 | LK₨45.6b | LK₨12.4b | LK₨9.5b | 8.1x | 4.8x | 3.7x |
| Sat, 04 Jan 2020 | LK₨58.2b | LK₨13.9b | LK₨10.8b | 8.5x | 5.4x | 4.2x |
Price to Earnings Ratio
5.4x
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 Market | 7.04% | |
| Real Estate | 5.37% | |
| Real Estate | 5.37% | |
| 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 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| OSEA.N0000 Overseas Realty (Ceylon) | LK₨14.80 | 8.0% +LK₨1.4b | -15.4% | PB0.4x | |
| PLR.N0000 Prime Lands Residencies | LK₨7.30 | 4.3% +LK₨281.3m | -23.2% | PB0.8x | |
| MSL.N0000 Mercantile Shipping | LK₨235.25 | 33.1% +LK₨166.4m | 139.1% | PB8x | |
| ASCO.N0000 Lanka Realty Investments | LK₨11.00 | 6.8% +LK₨148.0m | -58.6% | PB0.3x | |
| SHAW.N0000 Lee Hedges | LK₨79.50 | 5.4% +LK₨105.0m | 4.6% | PB0.4x |