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Sri Lankan (CSE) Utilities Sector Analysis

UpdatedOct 09, 2024
DataAggregated Company Financials
Companies8
  • 7D0.3%
  • 3M4.2%
  • 1Y26.8%
  • YTD23.9%

Over the last 7 days, the Utilities industry has remained flat, although notably LAUGFS Power gained 4.0%. As for the the longer term, the industry is up 27% over the past 12 months. Earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Oct 2024LK₨59.3bLK₨20.2bLK₨5.8b9.7x10.3x2.9x
Fri, 06 Sep 2024LK₨55.2bLK₨20.2bLK₨5.8b8.6x9.6x2.7x
Sun, 04 Aug 2024LK₨57.6bLK₨18.0bLK₨4.3b13.8x13.3x3.2x
Tue, 02 Jul 2024LK₨56.5bLK₨18.0bLK₨4.3b13.6x13.1x3.1x
Thu, 30 May 2024LK₨52.4bLK₨16.3bLK₨2.7b8.9x19.2x3.2x
Sat, 27 Apr 2024LK₨53.0bLK₨16.0bLK₨2.8b7.1x18.7x3.3x
Mon, 25 Mar 2024LK₨49.9bLK₨16.0bLK₨2.8b6.9x17.6x3.1x
Wed, 21 Feb 2024LK₨48.4bLK₨16.0bLK₨2.8b7.1x17.1x3x
Fri, 19 Jan 2024LK₨48.5bLK₨14.6bLK₨4.2b8.1x11.7x3.3x
Sun, 17 Dec 2023LK₨48.1bLK₨14.6bLK₨4.2b8x11.6x3.3x
Tue, 14 Nov 2023LK₨48.0bLK₨14.0bLK₨2.7b14.7x17.7x3.4x
Thu, 12 Oct 2023LK₨47.1bLK₨13.2bLK₨2.2b14.2x21.4x3.6x
Sat, 09 Sep 2023LK₨47.8bLK₨13.2bLK₨2.2b14.6x21.7x3.6x
Mon, 07 Aug 2023LK₨46.5bLK₨13.4bLK₨2.4b8.7x19.1x3.5x
Wed, 05 Jul 2023LK₨43.3bLK₨13.4bLK₨2.3b8.6x18.6x3.2x
Fri, 02 Jun 2023LK₨42.3bLK₨12.9bLK₨1.6b9x26.4x3.3x
Sun, 30 Apr 2023LK₨43.7bLK₨12.6bLK₨1.7b10.7x25.4x3.5x
Tue, 28 Mar 2023LK₨44.2bLK₨12.6bLK₨1.7b11.1x25.7x3.5x
Thu, 23 Feb 2023LK₨43.5bLK₨12.6bLK₨1.7b10x25.3x3.4x
Sat, 21 Jan 2023LK₨42.6bLK₨12.5bLK₨751.2m6.7x56.7x3.4x
Mon, 19 Dec 2022LK₨41.0bLK₨12.5bLK₨751.2m6.5x54.6x3.3x
Wed, 16 Nov 2022LK₨42.3bLK₨12.1bLK₨2.4b10.5x17.9x3.5x
Fri, 14 Oct 2022LK₨45.7bLK₨12.2bLK₨2.6b9.2x17.8x3.8x
Sun, 11 Sep 2022LK₨47.1bLK₨12.2bLK₨2.6b10x18.3x3.9x
Tue, 09 Aug 2022LK₨45.9bLK₨11.7bLK₨3.2b7.3x14.3x3.9x
Thu, 07 Jul 2022LK₨40.5bLK₨11.7bLK₨3.2b6.9x12.6x3.5x
Sat, 04 Jun 2022LK₨41.9bLK₨11.8bLK₨3.7b6.8x11.2x3.5x
Mon, 02 May 2022LK₨43.7bLK₨11.7bLK₨5.5b7.4x8x3.7x
Wed, 30 Mar 2022LK₨48.4bLK₨11.7bLK₨5.5b8.2x8.9x4.1x
Fri, 25 Feb 2022LK₨52.0bLK₨11.7bLK₨5.5b8.7x9.5x4.4x
Sun, 23 Jan 2022LK₨60.3bLK₨11.3bLK₨5.4b10.1x11.2x5.4x
Tue, 21 Dec 2021LK₨54.7bLK₨11.3bLK₨5.4b9.6x10.1x4.9x
Thu, 18 Nov 2021LK₨54.6bLK₨11.2bLK₨5.4b9.6x10.2x4.9x
Sat, 16 Oct 2021LK₨52.4bLK₨11.0bLK₨4.9b8.8x10.7x4.8x
Price to Earnings Ratio

10.7x


Total Market Cap: LK₨52.4bTotal Earnings: LK₨4.9bTotal Revenue: LK₨11.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Utilities Sector Price to Earnings3Y Average 18.9x202220232024
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 10.3x which is lower than its 3-year average PE of 18.9x.
  • The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 5.6% per year over the last three years.
  • Revenues for these companies have grown 22% 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 Market0.51%
Utilities0.29%
Renewable Energy0.29%
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 18.9x.
    • Analysts are expecting annual earnings growth of 21.4%, which is lower than the prior year's growth of 67.8% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 18.9x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 21% over the next 5 years.
  • However this is lower than its past earnings growth rate of 68% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 21% 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₨10.304.0%
+LK₨154.8m
18.4%PE23.7x
WIND.N0000 WindForceLK₨19.900.5%
+LK₨135.1m
7.6%PE17.1x
PAP.N0000 Panasian PowerLK₨4.402.3%
+LK₨62.5m
29.4%PE10.7x
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Latest News

VLL.N0000

LK₨13.90

Vidullanka

7D

-0.7%

1Y

127.9%

WIND.N0000

LK₨19.90

WindForce

7D

0.5%

1Y

7.6%

PAP.N0000

LK₨4.40

Panasian Power

7D

2.3%

1Y

29.4%

HPFL.N0000

LK₨10.80

Lotus Hydro Power

7D

-0.9%

1Y

20.0%

LPL.N0000

LK₨10.30

LAUGFS Power

7D

4.0%

1Y

18.4%

VPEL.N0000

LK₨9.00

Vallibel Power Erathna

7D

-1.1%

1Y

32.4%