Sri Lankan (CSE) Utilities Sector Analysis
- 7D-0.6%
- 3M5.8%
- 1Y15.0%
- YTD4.4%
Over the last 7 days, the Utilities industry has remained flat, although notably LAUGFS Power gained 5.6%. As for the the longer term, the industry is up 15% over the past 12 months.
Sector Valuation and Performance
Has the Sri Lankan Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 29 Nov 2021 | LK₨53.8b | LK₨11.3b | LK₨5.4b | 9.5x |
| Wed, 27 Oct 2021 | LK₨52.1b | LK₨11.0b | LK₨4.9b | 8.9x |
| Fri, 24 Sep 2021 | LK₨51.9b | LK₨11.0b | LK₨4.9b | 8.7x |
| Sun, 22 Aug 2021 | LK₨51.4b | LK₨11.0b | LK₨4.9b | 8.7x |
| Fri, 09 Jul 2021 | LK₨51.5b | LK₨11.0b | LK₨4.9b | 8.2x |
| Thu, 01 Apr 2021 | LK₨24.3b | LK₨5.8b | LK₨2.7b | 8.9x |
| Sun, 03 Jan 2021 | LK₨26.4b | LK₨5.5b | LK₨2.3b | 12.6x |
| Wed, 07 Oct 2020 | LK₨23.9b | LK₨5.7b | LK₨2.3b | 9.8x |
| Tue, 30 Jun 2020 | LK₨18.2b | LK₨5.4b | LK₨2.0b | 9.5x |
| Fri, 03 Apr 2020 | LK₨14.4b | LK₨5.1b | LK₨1.8b | 8.6x |
| Mon, 06 Jan 2020 | LK₨19.6b | LK₨5.3b | LK₨2.0b | 12x |
| Thu, 10 Oct 2019 | LK₨17.0b | LK₨3.8b | LK₨1.6b | 12.2x |
| Wed, 03 Jul 2019 | LK₨16.4b | LK₨3.9b | LK₨1.8b | 10.8x |
| Sat, 06 Apr 2019 | LK₨16.1b | LK₨4.5b | LK₨2.5b | 6.3x |
| Tue, 08 Jan 2019 | LK₨16.7b | LK₨4.3b | LK₨2.1b | 7x |
8.3x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.8x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Utilities industry have grown 36% per year over the last three years, and revenues for these companies have grown 39% 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?
| Renewable Energy | -0.60% | |
Industry PE: Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 9.8x. However analysts are expecting annual earnings growth of 31%, which is lower than the prior year's growth of 49% per year. So the market might believe that analysts are underestimating future growth.
Forecasted Growth: Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 31% over the next 5 years. However this is lower than its past earnings growth rate of 49% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| HPWR.N0000 Resus Energy | 12.3%+LK₨276.6m | 18.1% | PE5.6x | |
| VLL.N0000 Vidullanka | 1.5%+LK₨84.9m | 13.6% | PE6.9x |