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Sri Lankan (CSE) Utilities Sector Analysis

UpdatedDec 02, 2023
DataAggregated Company Financials
Companies8
  • 7D2.2%
  • 3M-0.1%
  • 1Y13.6%
  • YTD15.8%

In the last week, the Utilities industry is up 1.5%, with WindForce up 2.7%. Meanwhile, LAUGFS Power actually underperformed within the industry, shrinking 9.4% in the last week. This means that the industry has gained 14% over the past year. Earnings are forecast to grow by 22% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Dec 2023LK₨47.9bLK₨14.6bLK₨4.2b7.7x11.5x3.3x
Mon, 30 Oct 2023LK₨46.2bLK₨13.2bLK₨2.2b14.1x21x3.5x
Wed, 27 Sep 2023LK₨47.3bLK₨13.2bLK₨2.2b14.3x21.5x3.6x
Fri, 25 Aug 2023LK₨48.4bLK₨13.2bLK₨2.2b14.8x22x3.7x
Sun, 23 Jul 2023LK₨46.0bLK₨13.4bLK₨2.3b8.8x19.8x3.4x
Tue, 20 Jun 2023LK₨43.2bLK₨13.3bLK₨2.3b9x18.9x3.2x
Thu, 18 May 2023LK₨42.8bLK₨12.6bLK₨1.7b9.8x24.9x3.4x
Sat, 15 Apr 2023LK₨45.7bLK₨12.6bLK₨1.7b11.3x26.6x3.6x
Mon, 13 Mar 2023LK₨44.4bLK₨12.6bLK₨1.7b11.3x25.9x3.5x
Wed, 08 Feb 2023LK₨41.0bLK₨12.5bLK₨652.4m6.8x62.9x3.3x
Fri, 06 Jan 2023LK₨40.8bLK₨12.5bLK₨751.2m6.5x54.3x3.3x
Sun, 04 Dec 2022LK₨41.8bLK₨12.5bLK₨751.2m6.7x55.6x3.3x
Tue, 01 Nov 2022LK₨43.8bLK₨12.2bLK₨2.6b9x17x3.6x
Thu, 29 Sep 2022LK₨48.6bLK₨12.2bLK₨2.6b9.9x18.9x4x
Sat, 27 Aug 2022LK₨44.9bLK₨12.1bLK₨2.6b9.6x17.1x3.7x
Mon, 25 Jul 2022LK₨44.1bLK₨11.7bLK₨3.2b7.2x13.7x3.8x
Wed, 22 Jun 2022LK₨41.3bLK₨11.7bLK₨3.1b6.8x13.1x3.5x
Fri, 20 May 2022LK₨46.4bLK₨11.7bLK₨5.5b8.1x8.5x4x
Sun, 17 Apr 2022LK₨45.0bLK₨11.7bLK₨5.5b7.8x8.2x3.8x
Tue, 15 Mar 2022LK₨51.3bLK₨11.7bLK₨5.5b8.6x9.4x4.4x
Thu, 10 Feb 2022LK₨56.1bLK₨11.3bLK₨5.4b10.5x10.5x5x
Sat, 08 Jan 2022LK₨59.3bLK₨11.3bLK₨5.4b10.3x11x5.3x
Mon, 06 Dec 2021LK₨55.0bLK₨11.3bLK₨5.4b9.5x10.2x4.9x
Wed, 03 Nov 2021LK₨52.3bLK₨11.0bLK₨4.9bn/a10.7x4.7x
Fri, 01 Oct 2021LK₨52.3bLK₨11.0bLK₨4.9b8.8x10.7x4.7x
Sun, 29 Aug 2021LK₨51.2bLK₨11.0bLK₨4.9b8.7x10.5x4.6x
Mon, 05 Jul 2021LK₨51.5bLK₨11.0bLK₨4.9b8.2x10.5x4.7x
Thu, 08 Apr 2021LK₨24.3bLK₨5.8bLK₨2.7b8.9x9x4.2x
Sun, 10 Jan 2021LK₨26.4bLK₨5.5bLK₨2.3b12.6x11.4x4.8x
Price to Earnings Ratio

10.9x


Total Market Cap: LK₨25.7bTotal Earnings: LK₨2.3bTotal Revenue: LK₨5.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Utilities Sector Price to Earnings3Y Average 18.2x202120222023
Current Industry PE
  • Investors are pessimistic on the Sri Lankan Utilities 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 11.4x which is lower than its 3-year average PE of 18.2x.
  • The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 37% 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 Utilities sector?

LK Market1.26%
Utilities2.21%
Renewable Energy2.21%
Electric Utilities0%
Gas Utilities0%
Other Utilities0%
Water Utilities0%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 18.2x.
    • Analysts are expecting annual earnings growth of 22.3%, which is higher than its past year's earnings decline of 28.0% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 18.2x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 28% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 22% 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
WIND.N0000 WindForceLK₨19.203.8%
+LK₨945.5m
28.9%PE15.8x
VLL.N0000 VidullankaLK₨6.701.5%
+LK₨94.4m
4.7%PE5.8x
PAP.N0000 Panasian PowerLK₨3.203.2%
+LK₨62.5m
-11.1%PS2.1x
HPWR.N0000 Resus EnergyLK₨15.301.3%
+LK₨17.2m
22.4%PE4.9x
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Latest News

VLL.N0000

LK₨6.70

Vidullanka

7D

1.5%

1Y

4.7%

WIND.N0000

LK₨19.20

WindForce

7D

3.8%

1Y

28.9%

HPFL.N0000

LK₨8.60

Lotus Hydro Power

7D

-2.3%

1Y

10.3%

LVEF.N0000

LK₨5.60

LVL Energy Fund

7D

-1.8%

1Y

-5.1%

HPWR.N0000

LK₨15.30

Resus Energy

7D

1.3%

1Y

22.4%

PAP.N0000

LK₨3.20

Panasian Power

7D

3.2%

1Y

-11.1%