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Sri Lankan (CSE) Utilities Sector Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies8
  • 7D1.1%
  • 3M-9.4%
  • 1Y-23.9%
  • YTD-25.5%

The Utilities industry is up 1.1% in the last week, with LAUGFS Power up 10%. Meanwhile, Panasian Power actually underperformed within the industry, shrinking 8.8% in the last week. In the past year, the industry is down 24%. Looking forward, earnings are forecast to grow by 26% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022LK₨41.1bLK₨12.5bLK₨751.2m6.7x54.7x3.3x
Thu, 27 Oct 2022LK₨44.1bLK₨12.2bLK₨2.6b9.1x17.1x3.6x
Sat, 24 Sep 2022LK₨47.5bLK₨12.2bLK₨2.6b9.6x18.5x3.9x
Mon, 22 Aug 2022LK₨46.3bLK₨12.1bLK₨2.6b9.7x17.7x3.8x
Wed, 20 Jul 2022LK₨43.2bLK₨11.7bLK₨3.2b7.3x13.4x3.7x
Fri, 17 Jun 2022LK₨42.3bLK₨11.7bLK₨3.1b7.1x13.4x3.6x
Sun, 15 May 2022LK₨45.6bLK₨11.7bLK₨5.5b7.9x8.3x3.9x
Tue, 12 Apr 2022LK₨45.0bLK₨11.7bLK₨5.5b7.8x8.2x3.8x
Thu, 10 Mar 2022LK₨50.4bLK₨11.7bLK₨5.5b8.2x9.2x4.3x
Sat, 05 Feb 2022LK₨58.8bLK₨11.3bLK₨5.4b10.8x11x5.2x
Mon, 03 Jan 2022LK₨54.6bLK₨11.3bLK₨5.4b9.6x10.1x4.8x
Wed, 01 Dec 2021LK₨54.4bLK₨11.3bLK₨5.4b9.4x10.1x4.8x
Fri, 29 Oct 2021LK₨52.5bLK₨11.0bLK₨4.9b8.9x10.7x4.8x
Sun, 26 Sep 2021LK₨51.9bLK₨11.0bLK₨4.9b8.7x10.6x4.7x
Tue, 24 Aug 2021LK₨51.4bLK₨11.0bLK₨4.9b8.7x10.5x4.7x
Wed, 30 Jun 2021LK₨51.5bLK₨11.0bLK₨4.9b8.2x10.5x4.7x
Sat, 03 Apr 2021LK₨24.3bLK₨5.8bLK₨2.7b8.9x9x4.2x
Tue, 05 Jan 2021LK₨26.4bLK₨5.5bLK₨2.3b12.6x11.4x4.8x
Fri, 09 Oct 2020LK₨23.9bLK₨5.7bLK₨2.3b9.8x10.2x4.2x
Thu, 02 Jul 2020LK₨18.2bLK₨5.4bLK₨2.0b9.5x9x3.4x
Sun, 05 Apr 2020LK₨14.4bLK₨5.1bLK₨1.8b8.6x7.9x2.8x
Wed, 08 Jan 2020LK₨19.6bLK₨5.3bLK₨2.0b12x9.6x3.7x
Price to Earnings Ratio

11.5x


Total Market Cap: LK₨19.7bTotal Earnings: LK₨1.7bTotal Revenue: LK₨4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Utilities Sector Price to Earnings3Y Average 11.3x202020212022
Current Industry PE
  • Investors are optimistic on the Sri Lankan Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 54.7x which is higher than its 3-year average PE of 11.2x.
  • The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have declined 24% per year over the last three years.
  • Meanwhile revenues for these companies have grown 38% 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 Utilities sector?

LK Market4.82%
Utilities1.06%
Renewable Energy1.06%
Electric Utilities0%
Gas Utilities0%
Other Utilities0%
Water Utilities0%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 11.2x.
    • Analysts are expecting annual earnings growth of 26.2%, which is higher than its past year's earnings decline of 15.3% per year.
  • Investors are most pessimistic about the Renewable Energy industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.2x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 15% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 26% 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
LPL.N0000 LAUGFS PowerLK₨9.7010.2%
+LK₨348.3m
-11.8%PS3.7x
VPEL.N0000 Vallibel Power ErathnaLK₨6.504.8%
+LK₨224.1m
-24.4%PE6.7x
WIND.N0000 WindForceLK₨14.600.7%
+LK₨135.1m
-20.7%PE13.6x
HPWR.N0000 Resus EnergyLK₨12.405.1%
+LK₨51.7m
-57.6%PE2.8x
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Latest News

VLL.N0000

LK₨6.60

Vidullanka

7D

-1.5%

1Y

-1.5%

LPL.N0000

LK₨9.70

LAUGFS Power

7D

10.2%

1Y

-11.8%

HPWR.N0000

LK₨12.40

Resus Energy

7D

5.1%

1Y

-57.6%

LVEF.N0000

LK₨6.00

LVL Energy Fund

7D

-7.7%

1Y

-41.7%

VPEL.N0000

LK₨6.50

Vallibel Power Erathna

7D

4.8%

1Y

-24.4%

WIND.N0000

LK₨14.60

WindForce

7D

0.7%

1Y

-20.7%

HPFL.N0000

LK₨8.00

Lotus Hydro Power

7D

-4.8%

1Y

-23.1%

PAP.N0000

LK₨3.10

Panasian Power

7D

-3.1%

1Y

-44.6%