Sri Lankan (CSE) Telecom Sector Analysis
UpdatedMay 28, 2024
DataAggregated Company Financials
Companies2
- 7D0.8%
- 3M-4.6%
- 1Y6.0%
- YTD5.0%
In the last week, Telecom has been flat. The past year has been better, since the industry has gained 5.3% in that time. As for the next few years, earnings are expected to grow by 24% per annum.
Sector Valuation and Performance
Has the Sri Lankan Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 28 May 2024 | LK₨250.4b | LK₨287.7b | LK₨9.5b | 6.4x | 26.4x | 0.9x |
| Thu, 25 Apr 2024 | LK₨258.4b | LK₨294.2b | LK₨16.2b | 4.9x | 16x | 0.9x |
| Sat, 23 Mar 2024 | LK₨264.5b | LK₨294.2b | LK₨16.2b | 4.8x | 16.3x | 0.9x |
| Mon, 19 Feb 2024 | LK₨252.5b | LK₨303.9b | LK₨2.6b | 12.3x | 98.3x | 0.8x |
| Wed, 17 Jan 2024 | LK₨240.2b | LK₨303.9b | LK₨2.6b | 11.2x | 93.5x | 0.8x |
| Fri, 15 Dec 2023 | LK₨245.2b | LK₨303.9b | LK₨2.6b | 11.2x | 95.5x | 0.8x |
| Sun, 12 Nov 2023 | LK₨262.4b | LK₨301.8b | LK₨5.7b | 11.6x | 45.9x | 0.9x |
| Tue, 10 Oct 2023 | LK₨253.0b | LK₨301.8b | LK₨5.7b | 13.1x | 44.2x | 0.8x |
| Thu, 07 Sep 2023 | LK₨244.9b | LK₨301.8b | LK₨5.7b | 13.7x | 42.8x | 0.8x |
| Sat, 05 Aug 2023 | LK₨269.9b | LK₨298.2b | -LK₨5,820,531,000.00 | 56.2x | -46.4x | 0.9x |
| Mon, 03 Jul 2023 | LK₨257.3b | LK₨298.2b | -LK₨5,820,531,000.00 | 56.5x | -44.2x | 0.9x |
| Wed, 31 May 2023 | LK₨233.8b | LK₨298.2b | -LK₨5,820,531,000.00 | 49.9x | -40.2x | 0.8x |
| Fri, 28 Apr 2023 | LK₨255.1b | LK₨285.8b | -LK₨28,629,921,000.00 | 34.9x | -8.9x | 0.9x |
| Sun, 26 Mar 2023 | LK₨287.8b | LK₨285.8b | -LK₨28,629,921,000.00 | 42.3x | -10.1x | 1x |
| Tue, 21 Feb 2023 | LK₨215.9b | LK₨285.8b | -LK₨28,629,921,000.00 | 30.1x | -7.5x | 0.8x |
| Thu, 19 Jan 2023 | LK₨191.4b | LK₨269.7b | -LK₨11,485,791,000.00 | 12.8x | -16.7x | 0.7x |
| Sat, 17 Dec 2022 | LK₨186.6b | LK₨269.7b | -LK₨11,485,791,000.00 | 12.8x | -16.2x | 0.7x |
| Mon, 14 Nov 2022 | LK₨176.2b | LK₨260.9b | -LK₨9,319,899,000.00 | 11.9x | -18.9x | 0.7x |
| Wed, 12 Oct 2022 | LK₨157.7b | LK₨260.9b | -LK₨7,516,899,000.00 | 8.3x | -21x | 0.6x |
| Fri, 09 Sep 2022 | LK₨164.0b | LK₨260.9b | -LK₨7,516,899,000.00 | 8.4x | -21.8x | 0.6x |
| Sun, 07 Aug 2022 | LK₨137.5b | LK₨251.0b | LK₨11.5b | 5x | 12x | 0.5x |
| Tue, 05 Jul 2022 | LK₨123.9b | LK₨251.0b | LK₨11.5b | 4.3x | 10.8x | 0.5x |
| Thu, 02 Jun 2022 | LK₨136.9b | LK₨251.0b | LK₨11.5b | 4.8x | 11.9x | 0.5x |
| Sat, 30 Apr 2022 | LK₨143.5b | LK₨244.3b | LK₨29.2b | 5x | 4.9x | 0.6x |
| Mon, 28 Mar 2022 | LK₨166.9b | LK₨244.3b | LK₨29.2b | 5.8x | 5.7x | 0.7x |
| Wed, 23 Feb 2022 | LK₨184.8b | LK₨244.3b | LK₨29.2b | 6.5x | 6.3x | 0.8x |
| Fri, 21 Jan 2022 | LK₨206.9b | LK₨237.6b | LK₨26.2b | 8.4x | 7.9x | 0.9x |
| Sun, 19 Dec 2021 | LK₨159.3b | LK₨237.6b | LK₨26.2b | 6.2x | 6.1x | 0.7x |
| Tue, 16 Nov 2021 | LK₨156.0b | LK₨237.6b | LK₨26.2b | 6x | 5.9x | 0.7x |
| Thu, 14 Oct 2021 | LK₨157.1b | LK₨227.6b | LK₨24.5b | 6.5x | 6.4x | 0.7x |
| Sat, 11 Sep 2021 | LK₨157.7b | LK₨227.6b | LK₨24.5b | 6.6x | 6.4x | 0.7x |
| Mon, 09 Aug 2021 | LK₨157.0b | LK₨227.6b | LK₨24.5b | 6.4x | 6.4x | 0.7x |
Price to Earnings Ratio
7.9x
Current Industry PE
- There are only 2 companies in the Sri Lankan Communication Services industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have declined 23% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.8% 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 Telecom sector?
| LK Market | 0.67% | |
| Telecom | 0.79% | |
| Telecom Services and Carriers | 2.33% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Media | 0% | |
| Wireless Telecom | -1.77% | |
Industry PE
- Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 23.5% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 24% over the next 5 years.
- In contrast, the Wireless Telecom industry is expected to see its earnings grow by 24% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SLTL.N0000 Sri Lanka Telecom | LK₨88.00 | 2.1% +LK₨3.2b | 4.4% | PS1.5x |