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Sri Lankan (CSE) Renewable Energy Industry Analysis
UpdatedMar 14, 2025
DataAggregated Company Financials
Companies8
- 7D-0.5%
- 3M9.6%
- 1Y47.3%
- YTD0.8%
Last week, the Renewable Energy industry hasn't moved much but Vidullanka is up 3.8% in that time. The past year has been better, since the industry has gained 47% in that time. Looking forward, earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Sri Lankan Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 14 Mar 2025 | LK₨74.0b | LK₨20.6b | LK₨5.9b | 11.6x | 12.5x | 3.6x |
| Sun, 09 Feb 2025 | LK₨76.8b | LK₨20.8b | LK₨5.9b | 12.6x | 13.1x | 3.7x |
| Tue, 07 Jan 2025 | LK₨75.0b | LK₨20.8b | LK₨6.0b | 12.6x | 12.6x | 3.6x |
| Thu, 05 Dec 2024 | LK₨67.5b | LK₨20.8b | LK₨6.0b | 10x | 11.3x | 3.2x |
| Sat, 02 Nov 2024 | LK₨63.8b | LK₨20.2b | LK₨5.8b | 9.9x | 11.1x | 3.2x |
| Mon, 30 Sep 2024 | LK₨59.0b | LK₨20.2b | LK₨5.8b | 9.6x | 10.2x | 2.9x |
| Wed, 28 Aug 2024 | LK₨57.1b | LK₨20.2b | LK₨5.8b | 8.9x | 9.9x | 2.8x |
| Fri, 26 Jul 2024 | LK₨57.0b | LK₨18.0b | LK₨4.3b | 13.7x | 13.2x | 3.2x |
| Sun, 23 Jun 2024 | LK₨54.6b | LK₨18.0b | LK₨4.3b | 13.6x | 12.6x | 3x |
| Tue, 21 May 2024 | LK₨52.2b | LK₨16.3b | LK₨2.7b | 8.7x | 19.1x | 3.2x |
| Thu, 18 Apr 2024 | LK₨52.0b | LK₨16.0b | LK₨2.8b | 7.1x | 18.4x | 3.2x |
| Sat, 16 Mar 2024 | LK₨49.6b | LK₨16.0b | LK₨2.8b | 6.9x | 17.5x | 3.1x |
| Mon, 12 Feb 2024 | LK₨49.1b | LK₨15.6b | LK₨4.1b | 7.8x | 12x | 3.2x |
| Wed, 10 Jan 2024 | LK₨48.7b | LK₨14.6b | LK₨4.2b | 8.1x | 11.7x | 3.3x |
| Fri, 08 Dec 2023 | LK₨47.9b | LK₨14.6b | LK₨4.2b | 7.8x | 11.5x | 3.3x |
| Sun, 05 Nov 2023 | LK₨47.1b | LK₨13.2b | LK₨2.2b | 14.5x | 21.4x | 3.6x |
| Tue, 03 Oct 2023 | LK₨47.4b | LK₨13.2b | LK₨2.2b | 14.6x | 21.6x | 3.6x |
| Thu, 31 Aug 2023 | LK₨48.2b | LK₨13.2b | LK₨2.2b | 14.7x | 21.9x | 3.6x |
| Sat, 29 Jul 2023 | LK₨45.9b | LK₨13.4b | LK₨2.4b | 8.8x | 18.9x | 3.4x |
| Mon, 26 Jun 2023 | LK₨43.2b | LK₨13.3b | LK₨2.3b | 9.1x | 18.9x | 3.2x |
| Wed, 24 May 2023 | LK₨42.0b | LK₨12.9b | LK₨1.6b | 9.4x | 27x | 3.2x |
| Fri, 21 Apr 2023 | LK₨44.1b | LK₨12.6b | LK₨1.7b | 11x | 25.7x | 3.5x |
| Sun, 19 Mar 2023 | LK₨44.7b | LK₨12.6b | LK₨1.7b | 11.1x | 26x | 3.5x |
| Tue, 14 Feb 2023 | LK₨41.2b | LK₨12.8b | LK₨491.6m | 9.2x | 83.9x | 3.2x |
| Thu, 12 Jan 2023 | LK₨44.7b | LK₨12.5b | LK₨751.2m | 6.8x | 59.5x | 3.6x |
| Sat, 10 Dec 2022 | LK₨41.5b | LK₨12.5b | LK₨751.2m | 6.5x | 55.3x | 3.3x |
| Mon, 07 Nov 2022 | LK₨43.1b | LK₨12.2b | LK₨2.6b | 9.4x | 16.8x | 3.5x |
| Wed, 05 Oct 2022 | LK₨45.2b | LK₨12.2b | LK₨2.6b | 9.2x | 17.6x | 3.7x |
| Fri, 02 Sep 2022 | LK₨45.9b | LK₨12.1b | LK₨2.6b | 9.9x | 17.5x | 3.8x |
| Sun, 31 Jul 2022 | LK₨43.9b | LK₨11.7b | LK₨3.2b | 7.1x | 13.7x | 3.7x |
| Tue, 28 Jun 2022 | LK₨41.2b | LK₨11.7b | LK₨3.1b | 7x | 13.1x | 3.5x |
| Thu, 26 May 2022 | LK₨45.4b | LK₨11.7b | LK₨5.5b | 7.8x | 8.3x | 3.9x |
| Sat, 23 Apr 2022 | LK₨45.0b | LK₨11.7b | LK₨5.5b | 7.8x | 8.2x | 3.8x |
| Mon, 21 Mar 2022 | LK₨50.3b | LK₨11.7b | LK₨5.5b | 8.5x | 9.2x | 4.3x |
Price to Earnings Ratio
9.2x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Renewable Energy 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 12.5x which is lower than its 3-year average PE of 19.1x.
- The industry is trading close to its 3-year average PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have grown 2.7% per year over the last three years.
- Revenues for these companies have grown 21% 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 industry?
| LK Market | -1.51% | |
| Utilities | -0.48% | |
| Renewable Energy | -0.48% | |
| Independent Power Producers and Energy Traders | 0% | 0 |
| Renewable Energy | -0.89% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 16.2x.
- Analysts are expecting annual earnings growth of 23.2%, which is lower than the prior year's growth of 29.1% per year.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 26.7x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 23% over the next 5 years.
- However this is lower than its past earnings growth rate of 29% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 23% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VLL.N0000 Vidullanka | LK₨13.70 | 3.8% +LK₨513.6m | 112.3% | PE8.9x |