Sri Lankan (CSE) Real Estate Industry Analysis
UpdatedMay 25, 2022
DataAggregated Company Financials
Companies19
- 7D-1.0%
- 3M-22.0%
- 1Y-12.5%
- YTD-30.6%
Over the last 7 days, the Real Estate industry has dropped 1.0%, driven by Prime Lands Residencies declining 4.8%. On the other hand Lee Hedges is actually up 13%. However, the industry is down 13% over the past year.
Industry Valuation and Performance
Has the Sri Lankan Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 26 May 2022 | LK₨54.5b | LK₨28.7b | LK₨12.6b | 9.6x |
| Sat, 23 Apr 2022 | LK₨55.6b | LK₨21.8b | LK₨9.2b | 10.6x |
| Mon, 21 Mar 2022 | LK₨65.1b | LK₨21.8b | LK₨6.4b | 11.7x |
| Wed, 16 Feb 2022 | LK₨76.6b | LK₨21.3b | LK₨5.2b | 13x |
| Fri, 14 Jan 2022 | LK₨80.8b | LK₨20.4b | LK₨4.9b | 14x |
| Sun, 12 Dec 2021 | LK₨72.6b | LK₨20.2b | LK₨4.9b | 11.8x |
| Tue, 09 Nov 2021 | LK₨72.7b | LK₨20.3b | LK₨4.8b | 11.2x |
| Thu, 07 Oct 2021 | LK₨74.5b | LK₨18.7b | LK₨5.0b | 12.7x |
| Sat, 04 Sep 2021 | LK₨72.3b | LK₨18.3b | LK₨4.7b | 12.4x |
| Mon, 02 Aug 2021 | LK₨69.4b | LK₨18.3b | LK₨4.7b | 13x |
| Thu, 06 May 2021 | LK₨55.4b | LK₨9.5b | LK₨3.2b | 11.2x |
| Sun, 07 Feb 2021 | LK₨66.5b | LK₨9.2b | LK₨3.3b | 13.1x |
| Sat, 31 Oct 2020 | LK₨52.5b | LK₨10.0b | LK₨5.3b | 8.1x |
| Tue, 04 Aug 2020 | LK₨53.3b | LK₨11.5b | LK₨6.3b | 11x |
| Fri, 08 May 2020 | LK₨45.6b | LK₨12.4b | LK₨9.5b | 8.1x |
| Mon, 10 Feb 2020 | LK₨56.8b | LK₨13.9b | LK₨10.8b | 8.1x |
| Sun, 03 Nov 2019 | LK₨59.5b | LK₨14.5b | LK₨10.4b | 7.1x |
| Wed, 07 Aug 2019 | LK₨52.6b | LK₨13.7b | LK₨9.6b | 6.6x |
Median PE Ratio
7.2x
Current Industry PE
- Investors are relatively neutral on the 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 9.9x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 33% 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 Market | 0.58% | |
| Real Estate | -1.00% | |
| Real Estate | -1.00% | |
| Real Estate Development | 0.03% | |
| Diversified Real Estate | 0% | |
| Real Estate Services | 0% | |
| Real Estate Operating Companies | -1.99% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry, which is trading close to its 3-year average PE ratio of 12.7x.
- 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 Development industry, which is trading below its 3-year average of 7.1x.
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 | |
|---|---|---|---|---|---|
| SHAW.N0000 Lee Hedges | LK₨92.00 | 13.4% +LK₨279.1m | 48.9% | PB0.5x | |
| OSEA.N0000 Overseas Realty (Ceylon) | LK₨13.70 | 0.7% +LK₨124.3m | -9.9% | PB0.3x | |
| ETWO.N0000 Equity Two | LK₨33.10 | 5.4% +LK₨52.7m | -37.3% | PB0.7x | |
| CABO.N0000 Cargo Boat Development | LK₨48.90 | 6.1% +LK₨50.5m | -25.8% | PB0.4x | |
| MDL.N0000 Myland Developments | LK₨12.20 | 1.7% +LK₨7.3m | n/a | PB2.3x |