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Sri Lankan (CSE) Telecom Sector Analysis

UpdatedJun 21, 2024
DataAggregated Company Financials
Companies2
  • 7D-5.0%
  • 3M-10.9%
  • 1Y-12.0%
  • YTD-1.1%

Over the last 7 days, the Telecom industry has dropped 5.0%, driven by declines from every company within the industry. The industry has fallen 12% in the last year. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Jun 2024LK₨235.6bLK₨287.7bLK₨9.5b5.9x24.9x0.8x
Sun, 19 May 2024LK₨249.3bLK₨287.7bLK₨9.5b6.6x26.3x0.9x
Tue, 16 Apr 2024LK₨261.4bLK₨294.2bLK₨16.2b4.9x16.1x0.9x
Thu, 14 Mar 2024LK₨254.2bLK₨294.2bLK₨16.2b4.5x15.7x0.9x
Sat, 10 Feb 2024LK₨245.6bLK₨303.9bLK₨2.6b11.8x95.6x0.8x
Mon, 08 Jan 2024LK₨241.3bLK₨303.9bLK₨2.6b11.2x93.9x0.8x
Wed, 06 Dec 2023LK₨254.7bLK₨303.9bLK₨2.6b11.3x99.1x0.8x
Fri, 03 Nov 2023LK₨256.3bLK₨301.8bLK₨5.7b11.9x44.8x0.8x
Sun, 01 Oct 2023LK₨243.0bLK₨301.8bLK₨5.7b13.3x42.5x0.8x
Tue, 29 Aug 2023LK₨245.8bLK₨301.8bLK₨5.7b13.9x43x0.8x
Thu, 27 Jul 2023LK₨267.8bLK₨298.2b-LK₨5,820,531,000.0058.5x-46x0.9x
Sat, 24 Jun 2023LK₨264.6bLK₨298.2b-LK₨5,820,531,000.0058.2x-45.5x0.9x
Mon, 22 May 2023LK₨233.5bLK₨298.2b-LK₨5,820,531,000.0050x-40.1x0.8x
Wed, 19 Apr 2023LK₨266.1bLK₨285.8b-LK₨28,629,921,000.0037.2x-9.3x0.9x
Fri, 17 Mar 2023LK₨231.0bLK₨285.8b-LK₨28,629,921,000.0030.3x-8.1x0.8x
Sun, 12 Feb 2023LK₨207.7bLK₨269.7b-LK₨11,485,791,000.0014.2x-18.1x0.8x
Tue, 10 Jan 2023LK₨192.8bLK₨269.7b-LK₨11,485,791,000.0013.3x-16.8x0.7x
Thu, 08 Dec 2022LK₨197.2bLK₨269.7b-LK₨11,485,791,000.0013.3x-17.2x0.7x
Sat, 05 Nov 2022LK₨174.6bLK₨260.9b-LK₨7,516,899,000.009.7x-23.2x0.7x
Mon, 03 Oct 2022LK₨150.5bLK₨260.9b-LK₨7,516,899,000.007.4x-20x0.6x
Wed, 31 Aug 2022LK₨160.0bLK₨260.9b-LK₨7,516,899,000.008.6x-21.3x0.6x
Fri, 29 Jul 2022LK₨130.6bLK₨251.0bLK₨11.5b4.5x11.4x0.5x
Sun, 26 Jun 2022LK₨126.3bLK₨251.0bLK₨11.5b4.3x11x0.5x
Tue, 24 May 2022LK₨141.1bLK₨251.0bLK₨11.5b4.9x12.3x0.6x
Thu, 21 Apr 2022LK₨141.9bLK₨244.3bLK₨29.2b4.9x4.9x0.6x
Sat, 19 Mar 2022LK₨167.8bLK₨244.3bLK₨29.2b5.8x5.7x0.7x
Mon, 14 Feb 2022LK₨185.0bLK₨237.6bLK₨26.2b7.4x7.1x0.8x
Wed, 12 Jan 2022LK₨169.4bLK₨237.6bLK₨26.2b6.7x6.5x0.7x
Fri, 10 Dec 2021LK₨159.0bLK₨237.6bLK₨26.2b6.2x6.1x0.7x
Sun, 07 Nov 2021LK₨156.1bLK₨227.6bLK₨24.5b6.5x6.4x0.7x
Tue, 05 Oct 2021LK₨154.3bLK₨227.6bLK₨24.5b6.4x6.3x0.7x
Thu, 02 Sep 2021LK₨147.3bLK₨227.6bLK₨24.5b6.1x6x0.6x
Sat, 31 Jul 2021LK₨156.4bLK₨227.6bLK₨24.5b6.4x6.4x0.7x
Price to Earnings Ratio

6.5x


Total Market Cap: LK₨160.0bTotal Earnings: LK₨24.5bTotal Revenue: LK₨227.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Telecom Sector Price to Earnings3Y Average 9.5x202220232024
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 27% per year over the last three years.
  • Meanwhile revenues for these companies have grown 8.1% 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-1.22%
Telecom-5.02%
Entertainment0%
Interactive Media and Services0%
Media0%
Telecom Services and Carriers-0.59%
Wireless Telecom-12.17%
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?

CompanyLast Price7D1YValuation
No data available
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Latest News

DIAL.N0000

LK₨10.10

Dialog Axiata

7D

-1.9%

1Y

-1.9%

SLTL.N0000

LK₨84.40

Sri Lanka Telecom

7D

-1.9%

1Y

-14.2%