Header cover image

Sri Lankan (CSE) Renewable Energy Industry Analysis

UpdatedMar 25, 2023
DataAggregated Company Financials
Companies8
  • 7D-1.0%
  • 3M8.9%
  • 1Y-11.5%
  • YTD7.8%

Over the last 7 days, the Renewable Energy industry has dropped 1.0%, driven by a pullback from WindForce of 1.8%. However, the industry is down 12% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.

Industry Valuation and Performance

Has the Sri Lankan Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Mar 2023LK₨44.3bLK₨12.6bLK₨1.7b11.1x25.8x3.5x
Tue, 21 Feb 2023LK₨42.4bLK₨12.6bLK₨1.7b10x24.7x3.4x
Thu, 19 Jan 2023LK₨42.9bLK₨12.5bLK₨751.2m6.6x57.1x3.4x
Sat, 17 Dec 2022LK₨41.0bLK₨12.5bLK₨751.2m6.5x54.6x3.3x
Mon, 14 Nov 2022LK₨42.8bLK₨12.1bLK₨2.4b10.4x18.1x3.5x
Wed, 12 Oct 2022LK₨45.9bLK₨12.2bLK₨2.6b9.3x17.8x3.8x
Fri, 09 Sep 2022LK₨46.2bLK₨12.2bLK₨2.6b9.8x17.9x3.8x
Sun, 07 Aug 2022LK₨45.9bLK₨11.7bLK₨3.2b7.2x14.3x3.9x
Tue, 05 Jul 2022LK₨41.0bLK₨11.7bLK₨3.2b6.8x12.8x3.5x
Thu, 02 Jun 2022LK₨41.9bLK₨11.9bLK₨5.0b7.3x8.3x3.5x
Sat, 30 Apr 2022LK₨43.7bLK₨11.7bLK₨5.5b7.4x8x3.7x
Mon, 28 Mar 2022LK₨49.9bLK₨11.7bLK₨5.5b8.8x9.1x4.2x
Wed, 23 Feb 2022LK₨54.6bLK₨11.7bLK₨5.4b9.9x10.1x4.7x
Fri, 21 Jan 2022LK₨60.6bLK₨11.3bLK₨5.4b10.1x11.2x5.4x
Sun, 19 Dec 2021LK₨55.0bLK₨11.3bLK₨5.4b9.6x10.2x4.9x
Tue, 16 Nov 2021LK₨55.6bLK₨11.2bLK₨5.4b9.7x10.4x4.9x
Thu, 14 Oct 2021LK₨52.4bLK₨11.0bLK₨4.9b8.6x10.7x4.8x
Sat, 11 Sep 2021LK₨51.1bLK₨11.0bLK₨4.9b8.7x10.4x4.6x
Mon, 09 Aug 2021LK₨52.6bLK₨11.0bLK₨4.9b9x10.8x4.8x
Sun, 02 May 2021LK₨48.5bLK₨10.4bLK₨4.4b9.1x11.1x4.7x
Wed, 03 Feb 2021LK₨26.7bLK₨5.5bLK₨2.3b13.1x11.5x4.9x
Sat, 07 Nov 2020LK₨23.5bLK₨5.7bLK₨2.3b9.7x10x4.1x
Fri, 31 Jul 2020LK₨19.0bLK₨5.4bLK₨2.0b9.9x9.4x3.5x
Mon, 04 May 2020LK₨14.4bLK₨5.1bLK₨1.8b8.6x7.9x2.8x
Price to Earnings Ratio

7.9x


Total Market Cap: LK₨14.4bTotal Earnings: LK₨1.8bTotal Revenue: LK₨5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Sri Lankan Renewable Energy Industry Price to Earnings3Y Average 15.3x202120222023
Current Industry PE
  • Investors are optimistic on the Sri Lankan Renewable Energy industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 25.8x which is higher than its 3-year average PE of 15.3x.
  • The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 35% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Sri Lankan Utilities industry?

LK Market-0.26%
Utilities-1.01%
Renewable Energy-1.01%
Renewable Energy-0.20%
Independent Power Producers and Energy Traders-1.79%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 13.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Independent Power Producers and Energy Traders industry, which is trading close to its 3-year average of 13.9x.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 19% 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
LVEF.N0000 LVL Energy FundLK₨7.201.4%
+LK₨58.2m
-20.9%PE12.8x
LPL.N0000 LAUGFS PowerLK₨9.101.1%
+LK₨38.7m
-7.1%PS3.6x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

VLL.N0000

LK₨5.90

Vidullanka

7D

-1.7%

1Y

-20.3%

LVEF.N0000

LK₨7.20

LVL Energy Fund

7D

1.4%

1Y

-20.9%

HPFL.N0000

LK₨7.90

Lotus Hydro Power

7D

-1.3%

1Y

-18.6%

LPL.N0000

LK₨9.10

LAUGFS Power

7D

1.1%

1Y

-7.1%

WIND.N0000

LK₨16.50

WindForce

7D

-1.8%

1Y

-2.9%

HPWR.N0000

LK₨13.30

Resus Energy

7D

-3.6%

1Y

-36.9%