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Sri Lankan (CSE) Real Estate Sector Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies19
- 7D10.2%
- 3M29.4%
- 1Y41.9%
- YTD40.8%
Over the last 7 days, the Real Estate industry has risen 10%, driven by gains from Overseas Realty (Ceylon) of 18%. This takes the industry's 12 month performance to a gain of 42%.
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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | LK₨65.8b | LK₨20.6b | LK₨9.7b | 8x | 6.8x | 3.2x |
| Tue, 19 Nov 2024 | LK₨55.2b | LK₨20.6b | LK₨9.7b | 6.3x | 5.7x | 2.7x |
| Thu, 17 Oct 2024 | LK₨52.6b | LK₨19.7b | LK₨8.6b | 6.3x | 6.1x | 2.7x |
| Sat, 14 Sep 2024 | LK₨50.6b | LK₨19.7b | LK₨8.6b | 5.9x | 5.9x | 2.6x |
| Mon, 12 Aug 2024 | LK₨51.1b | LK₨19.5b | LK₨8.5b | 6.2x | 6x | 2.6x |
| Wed, 10 Jul 2024 | LK₨53.2b | LK₨18.3b | LK₨7.9b | 6.7x | 6.8x | 2.9x |
| Fri, 07 Jun 2024 | LK₨55.1b | LK₨18.4b | LK₨7.9b | 7.3x | 7x | 3x |
| Sun, 05 May 2024 | LK₨53.7b | LK₨19.2b | LK₨6.3b | 7.6x | 8.6x | 2.8x |
| Tue, 02 Apr 2024 | LK₨51.8b | LK₨18.4b | LK₨6.8b | 6.4x | 7.7x | 2.8x |
| Thu, 29 Feb 2024 | LK₨48.2b | LK₨18.5b | LK₨5.7b | 6.6x | 8.5x | 2.6x |
| Sat, 27 Jan 2024 | LK₨46.3b | LK₨20.0b | LK₨4.8b | 7.2x | 9.6x | 2.3x |
| Mon, 25 Dec 2023 | LK₨46.4b | LK₨20.0b | LK₨4.7b | 7.5x | 9.9x | 2.3x |
| Wed, 22 Nov 2023 | LK₨48.1b | LK₨20.0b | LK₨4.7b | 8.1x | 10.3x | 2.4x |
| Fri, 20 Oct 2023 | LK₨49.2b | LK₨28.4b | LK₨8.5b | 8.1x | 5.8x | 1.7x |
| Sun, 17 Sep 2023 | LK₨53.4b | LK₨28.4b | LK₨8.5b | 8.5x | 6.3x | 1.9x |
| Tue, 15 Aug 2023 | LK₨51.7b | LK₨28.9b | LK₨8.4b | 8.9x | 6.2x | 1.8x |
| Thu, 13 Jul 2023 | LK₨51.2b | LK₨33.9b | LK₨8.9b | 7.9x | 5.8x | 1.5x |
| Sat, 10 Jun 2023 | LK₨45.2b | LK₨34.5b | LK₨9.4b | 7.4x | 4.8x | 1.3x |
| Mon, 08 May 2023 | LK₨45.6b | LK₨34.4b | LK₨10.5b | 6.7x | 4.3x | 1.3x |
| Wed, 05 Apr 2023 | LK₨47.9b | LK₨40.6b | LK₨10.8b | 6.2x | 4.4x | 1.2x |
| Fri, 03 Mar 2023 | LK₨48.3b | LK₨40.6b | LK₨12.1b | 5.8x | 4x | 1.2x |
| Sun, 29 Jan 2023 | LK₨46.7b | LK₨40.2b | LK₨13.7b | 6.5x | 3.4x | 1.2x |
| Tue, 27 Dec 2022 | LK₨43.6b | LK₨40.2b | LK₨13.7b | 5.6x | 3.2x | 1.1x |
| Thu, 24 Nov 2022 | LK₨43.9b | LK₨40.2b | LK₨13.6b | 6.9x | 3.2x | 1.1x |
| Sat, 22 Oct 2022 | LK₨46.1b | LK₨33.7b | LK₨11.7b | 8.4x | 3.9x | 1.4x |
| Mon, 19 Sep 2022 | LK₨50.7b | LK₨33.4b | LK₨11.6b | 8.5x | 4.4x | 1.5x |
| Wed, 17 Aug 2022 | LK₨47.0b | LK₨33.2b | LK₨11.4b | 7.4x | 4.1x | 1.4x |
| Fri, 15 Jul 2022 | LK₨40.8b | LK₨27.5b | LK₨10.3b | 6.9x | 4x | 1.5x |
| Sun, 12 Jun 2022 | LK₨53.1b | LK₨28.4b | LK₨10.9b | 9.7x | 4.9x | 1.9x |
| Tue, 10 May 2022 | LK₨51.2b | LK₨27.7b | LK₨12.5b | 9.3x | 4.1x | 1.8x |
| Thu, 07 Apr 2022 | LK₨58.5b | LK₨21.8b | LK₨9.2b | 10.6x | 6.4x | 2.7x |
| Sat, 05 Mar 2022 | LK₨69.7b | LK₨21.8b | LK₨6.2b | 12.3x | 11.2x | 3.2x |
| Mon, 31 Jan 2022 | LK₨78.7b | LK₨20.4b | LK₨5.0b | 13.4x | 15.9x | 3.9x |
| Wed, 29 Dec 2021 | LK₨77.6b | LK₨20.4b | LK₨4.9b | 13x | 15.7x | 3.8x |
Price to Earnings Ratio
15.7x
Current Industry PE
- Investors are relatively neutral on the Sri Lankan Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 6.6x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 3.2x.
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 | 3.62% | |
| Real Estate | 10.24% | |
| Real Estate | 10.24% | |
| 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, which is trading close to its 3-year average PE ratio of 6.6x.
- 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 close to its 3-year average of 6.6x.
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₨22.30 | 18.0% +LK₨4.2b | 50.7% | PE5.1x | |
| PLR.N0000 Prime Lands Residencies | LK₨11.80 | 6.3% +LK₨656.3m | 81.5% | PE8.7x | |
| CLND.N0000 Colombo Land and Development | LK₨20.80 | 14.3% +LK₨519.7m | 15.6% | PE10.4x | |
| SHAW.N0000 Lee Hedges | LK₨88.00 | 6.0% +LK₨128.0m | 18.1% | PE12.6x | |
| CABO.N0000 Cargo Boat Development | LK₨82.00 | 9.0% +LK₨122.6m | 53.0% | PE7.4x |