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Sri Lankan (CSE) Real Estate Sector Analysis

UpdatedNov 30, 2023
DataAggregated Company Financials
Companies19
  • 7D-1.0%
  • 3M-7.6%
  • 1Y3.7%
  • YTD2.7%

Over the last 7 days, the Real Estate industry has dropped 1.0%, driven by Colombo Land and Development declining 8.4%. In the past year, the industry has gained 3.7%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Nov 2023LK₨47.3bLK₨20.0bLK₨4.7b7.8x10.1x2.4x
Sat, 28 Oct 2023LK₨49.9bLK₨27.3bLK₨6.8b8.1x7.3x1.8x
Mon, 25 Sep 2023LK₨51.7bLK₨28.4bLK₨8.5b8x6.1x1.8x
Wed, 23 Aug 2023LK₨51.7bLK₨28.4bLK₨8.5b8.2x6.1x1.8x
Fri, 21 Jul 2023LK₨53.0bLK₨33.9bLK₨8.9b8.1x6x1.6x
Sun, 18 Jun 2023LK₨46.7bLK₨33.9bLK₨8.9b7.4x5.2x1.4x
Tue, 16 May 2023LK₨45.7bLK₨34.4bLK₨10.5b6.6x4.3x1.3x
Thu, 13 Apr 2023LK₨49.4bLK₨40.6bLK₨10.8b6.9x4.6x1.2x
Sat, 11 Mar 2023LK₨48.6bLK₨40.6bLK₨10.8b6.3x4.5x1.2x
Mon, 06 Feb 2023LK₨47.3bLK₨40.2bLK₨13.7b6.2x3.5x1.2x
Wed, 04 Jan 2023LK₨45.6bLK₨40.2bLK₨13.7b6x3.3x1.1x
Fri, 02 Dec 2022LK₨45.1bLK₨40.2bLK₨13.6b7x3.3x1.1x
Sun, 30 Oct 2022LK₨46.3bLK₨34.1bLK₨11.6b8.1x4x1.4x
Tue, 27 Sep 2022LK₨49.7bLK₨33.4bLK₨11.6b9.2x4.3x1.5x
Thu, 25 Aug 2022LK₨51.2bLK₨33.4bLK₨11.6b7.7x4.4x1.5x
Sat, 23 Jul 2022LK₨43.1bLK₨27.5bLK₨10.3b6.7x4.2x1.6x
Mon, 20 Jun 2022LK₨51.8bLK₨28.4bLK₨10.9b9.6x4.7x1.8x
Wed, 18 May 2022LK₨55.0bLK₨27.7bLK₨12.4b9.6x4.4x2x
Fri, 15 Apr 2022LK₨55.6bLK₨21.8bLK₨9.2b10.6x6.1x2.5x
Sun, 13 Mar 2022LK₨65.6bLK₨21.8bLK₨6.4b12.5x10.3x3x
Tue, 08 Feb 2022LK₨80.2bLK₨21.0bLK₨5.1b13.5x15.6x3.8x
Thu, 06 Jan 2022LK₨83.7bLK₨20.4bLK₨4.9b14.2x17x4.1x
Sat, 04 Dec 2021LK₨71.1bLK₨20.2bLK₨4.9b11.5x14.6x3.5x
Mon, 01 Nov 2021LK₨73.3bLK₨19.6bLK₨5.2b11.7x14.2x3.7x
Wed, 29 Sep 2021LK₨69.2bLK₨18.7bLK₨5.0b11.8x13.9x3.7x
Fri, 27 Aug 2021LK₨70.3bLK₨18.3bLK₨4.7b12x14.9x3.8x
Sat, 03 Jul 2021LK₨69.1bLK₨18.3bLK₨4.7b12.3x14.6x3.8x
Tue, 06 Apr 2021LK₨57.3bLK₨9.5bLK₨3.2b10.9x18x6x
Fri, 08 Jan 2021LK₨57.4bLK₨9.2bLK₨3.3b10.9x17.6x6.2x
Price to Earnings Ratio

10.3x


Total Market Cap: LK₨54.1bTotal Earnings: LK₨5.3bTotal Revenue: LK₨10.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Real Estate Sector Price to Earnings3Y Average 9.6x202120222023
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 9.6x.
  • The 3-year average PS ratio of 2.9x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have declined 3.9% per year over the last three years.
  • Meanwhile revenues for these companies have grown 26% 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?

LK Market-0.44%
Real Estate-1.04%
REITS0%
Specialized REITs0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
Real Estate-1.04%
Industry PE
  • Investors are most optimistic about the Real Estate industry, which is trading close to its 3-year average PE ratio of 9.6x.
    • 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 9.6x.
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?

CompanyLast Price7D1YValuation
OSEA.N0000 Overseas Realty (Ceylon)LK₨15.001.4%
+LK₨248.6m
3.4%PE4.7x
ASCO.N0000 Lanka Realty InvestmentsLK₨10.703.9%
+LK₨84.5m
-3.6%PS1.8x
SHAW.N0000 Lee HedgesLK₨82.503.1%
+LK₨64.0m
3.8%PE4.8x
CSD.N0000 Seylan DevelopmentsLK₨14.001.4%
+LK₨29.6m
20.7%PE9x
ETWO.N0000 Equity TwoLK₨39.002.4%
+LK₨27.9m
-4.6%PE10.9x
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Latest News

EAST.N0000

LK₨7.50

East West Properties

7D

-1.3%

1Y

25.0%

COMD.N0000

LK₨112.00

Commercial Development

7D

1.6%

1Y

21.6%

SHAW.N0000

LK₨82.50

Lee Hedges

7D

3.1%

1Y

3.8%

MDL.N0000

LK₨9.00

Myland Developments

7D

1.1%

1Y

-1.1%

MHDL.N0000

LK₨2.90

Millennium Housing Developers

7D

-6.5%

1Y

-9.4%

CLND.N0000

LK₨19.60

Colombo Land and Development

7D

-8.8%

1Y

17.4%

ETWO.N0000

LK₨39.00

Equity Two

7D

2.4%

1Y

-4.6%

PLR.N0000

LK₨6.50

Prime Lands Residencies

7D

-5.8%

1Y

-11.0%

PHAR.N0000

LK₨48.10

Colombo City Holdings

7D

-4.8%

1Y

13.8%

CTLD.N0000

LK₨24.00

CT Land Development

7D

-2.8%

1Y

0%

OSEA.N0000

LK₨15.00

Overseas Realty (Ceylon)

7D

1.4%

1Y

3.4%

ASCO.N0000

LK₨10.70

Lanka Realty Investments

7D

3.9%

1Y

-3.6%

CSD.N0000

LK₨14.00

Seylan Developments

7D

1.4%

1Y

20.7%

ONAL.N0000

LK₨28.00

On'ally Holdings

7D

-0.7%

1Y

-4.1%

SING.N0000

LK₨37.10

Standard Capital

7D

-5.8%

1Y

n/a

YORK.N0000

LK₨162.50

York Arcade Holdings

7D

1.6%

1Y

25.2%