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Sri Lankan (CSE) Real Estate Industry Analysis

UpdatedJun 06, 2023
DataAggregated Company Financials
Companies19
  • 7D2.1%
  • 3M-5.8%
  • 1Y2.7%
  • YTD0.6%

Over the last 7 days, the Real Estate industry has risen 1.5%, driven by gains from Overseas Realty (Ceylon) of 2.1%. Meanwhile, Cargo Boat Development actually underperformed within the industry, shrinking 7.4% in the last week. Despite this gain, the industry's performance has been flat over the past year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Jun 2023LK₨46.5bLK₨34.4bLK₨9.5b7.1x4.9x1.3x
Thu, 04 May 2023LK₨45.7bLK₨34.4bLK₨10.5b6.7x4.3x1.3x
Sat, 01 Apr 2023LK₨48.6bLK₨40.6bLK₨10.8b6.5x4.5x1.2x
Mon, 27 Feb 2023LK₨48.0bLK₨40.6bLK₨12.1b6.3x4x1.2x
Wed, 25 Jan 2023LK₨47.5bLK₨40.2bLK₨13.7b6.7x3.5x1.2x
Fri, 23 Dec 2022LK₨43.7bLK₨40.2bLK₨13.7b5.6x3.2x1.1x
Sun, 20 Nov 2022LK₨43.9bLK₨41.1bLK₨13.7b7.5x3.2x1.1x
Tue, 18 Oct 2022LK₨46.3bLK₨33.4bLK₨11.6b8.8x4x1.4x
Thu, 15 Sep 2022LK₨51.2bLK₨33.4bLK₨11.6b8.7x4.4x1.5x
Sat, 13 Aug 2022LK₨47.5bLK₨33.2bLK₨11.4b7.2x4.2x1.4x
Mon, 11 Jul 2022LK₨39.9bLK₨27.5bLK₨10.3b6.9x3.9x1.4x
Wed, 08 Jun 2022LK₨52.7bLK₨28.4bLK₨10.9b9.4x4.8x1.9x
Fri, 06 May 2022LK₨51.7bLK₨27.5bLK₨11.3b10.4x4.6x1.9x
Sun, 03 Apr 2022LK₨57.5bLK₨21.8bLK₨6.4b11.7x9x2.6x
Tue, 01 Mar 2022LK₨70.9bLK₨21.1bLK₨5.1b13.4x13.9x3.4x
Thu, 27 Jan 2022LK₨80.7bLK₨20.4bLK₨4.9b13.8x16.4x4x
Sat, 25 Dec 2021LK₨71.9bLK₨20.2bLK₨4.9b11.9x14.7x3.6x
Mon, 22 Nov 2021LK₨71.7bLK₨20.3bLK₨4.9b11.4x14.7x3.5x
Wed, 20 Oct 2021LK₨72.9bLK₨18.7bLK₨5.0b12.4x14.7x3.9x
Fri, 17 Sep 2021LK₨69.3bLK₨18.7bLK₨5.0b11.9x14x3.7x
Sun, 15 Aug 2021LK₨70.8bLK₨18.3bLK₨4.7b12.8x15x3.9x
Thu, 10 Jun 2021LK₨55.5bLK₨9.5bLK₨3.2b11.2x17.5x5.8x
Wed, 03 Mar 2021LK₨57.8bLK₨9.2bLK₨3.3b11.4x17.7x6.3x
Sat, 05 Dec 2020LK₨54.1bLK₨10.0bLK₨5.3b8.7x10.3x5.4x
Tue, 08 Sep 2020LK₨53.2bLK₨11.5bLK₨6.3b10.7x8.5x4.6x
Price to Earnings Ratio

8.1x


Total Market Cap: LK₨50.9bTotal Earnings: LK₨6.3bTotal Revenue: LK₨11.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Real Estate Industry Price to Earnings3Y Average 10.1x202120222023
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 4.9x which is lower than its 3-year average PE of 10.1x.
  • The 3-year average PS ratio of 3.4x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 15% per year over the last three years.
  • Revenues for these companies have grown 44% 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 industry?

LK Market2.36%
Real Estate2.12%
Real Estate2.12%
Real Estate Development2.37%
Real Estate Operating Companies1.69%
Diversified Real Estate0%
Real Estate Services0%
Industry PE
  • Investors are most optimistic about the Real Estate Development industry even though it's trading below its 3-year average PE ratio of 6.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
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₨14.502.1%
+LK₨372.9m
4.3%PE3.1x
ONAL.N0000 On'ally HoldingsLK₨24.9012.2%
+LK₨251.1m
-14.1%PE6.9x
PLR.N0000 Prime Lands ResidenciesLK₨8.102.5%
+LK₨187.5m
39.7%PE2x
SHAW.N0000 Lee HedgesLK₨75.007.1%
+LK₨128.0m
-16.4%PE3.7x
CSD.N0000 Seylan DevelopmentsLK₨11.803.5%
+LK₨59.2m
-9.2%PE7.2x
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Latest News

CTLD.N0000

LK₨21.80

CT Land Development

7D

-0.9%

1Y

-12.8%

MHDL.N0000

LK₨2.80

Millennium Housing Developers

7D

-3.4%

1Y

3.7%

ASCO.N0000

LK₨10.90

Lanka Realty Investments

7D

1.9%

1Y

-10.7%

MSL.N0000

LK₨134.00

Mercantile Shipping

7D

-8.2%

1Y

-42.8%

CABO.N0000

LK₨48.90

Cargo Boat Development

7D

-7.4%

1Y

8.4%

SHAW.N0000

LK₨75.00

Lee Hedges

7D

7.1%

1Y

-16.4%

PLR.N0000

LK₨8.10

Prime Lands Residencies

7D

2.5%

1Y

39.7%

PHAR.N0000

LK₨43.10

Colombo City Holdings

7D

-4.2%

1Y

10.8%

ONAL.N0000

LK₨24.90

On'ally Holdings

7D

12.2%

1Y

-14.1%

ETWO.N0000

LK₨40.00

Equity Two

7D

2.6%

1Y

21.6%

CSD.N0000

LK₨11.80

Seylan Developments

7D

3.5%

1Y

-9.2%

OSEA.N0000

LK₨14.50

Overseas Realty (Ceylon)

7D

2.1%

1Y

4.3%

EAST.N0000

LK₨8.30

East West Properties

7D

5.1%

1Y

33.9%