Sri Lankan (CSE) Renewable Energy Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies7
- 7D3.6%
- 3M13.6%
- 1Y16.6%
- YTDn/a
All of the companies in the Renewable Energy industry have been up over the last week, with the industry up 3.6%. This takes the industry's 12 month performance to a gain of 17%.
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 |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | LK₨25.4b | LK₨10.5b | LK₨1.6b | 6.8x | 16.3x | 2.4x |
| Fri, 22 Mar 2024 | LK₨22.8b | LK₨10.5b | LK₨1.6b | 6x | 14.7x | 2.2x |
| Sun, 18 Feb 2024 | LK₨22.8b | LK₨10.5b | LK₨1.6b | 6.1x | 14.7x | 2.2x |
| Tue, 16 Jan 2024 | LK₨22.7b | LK₨9.4b | LK₨2.5b | 5.9x | 9.1x | 2.4x |
| Thu, 14 Dec 2023 | LK₨22.5b | LK₨9.4b | LK₨2.5b | 5.9x | 9x | 2.4x |
| Sat, 11 Nov 2023 | LK₨22.2b | LK₨9.2b | LK₨1.3b | 10.4x | 16.5x | 2.4x |
| Mon, 09 Oct 2023 | LK₨21.9b | LK₨8.5b | LK₨842.3m | 10.3x | 26x | 2.6x |
| Wed, 06 Sep 2023 | LK₨22.5b | LK₨8.5b | LK₨842.3m | 10.6x | 26.7x | 2.7x |
| Fri, 04 Aug 2023 | LK₨22.6b | LK₨8.4b | LK₨952.0m | 7.5x | 23.8x | 2.7x |
| Sun, 02 Jul 2023 | LK₨20.4b | LK₨8.4b | LK₨844.2m | 7.3x | 24.1x | 2.4x |
| Tue, 30 May 2023 | LK₨19.9b | LK₨8.0b | LK₨124.7m | 8.2x | 159.2x | 2.5x |
| Thu, 27 Apr 2023 | LK₨21.3b | LK₨7.9b | LK₨125.2m | 9.3x | 170.4x | 2.7x |
| Sat, 25 Mar 2023 | LK₨22.0b | LK₨7.9b | LK₨125.2m | 9.5x | 175.5x | 2.8x |
| Mon, 20 Feb 2023 | LK₨20.7b | LK₨7.9b | LK₨125.2m | 9.3x | 165x | 2.6x |
| Wed, 18 Jan 2023 | LK₨20.5b | LK₨7.8b | -LK₨696,998,334.00 | 6.3x | -29.4x | 2.6x |
| Fri, 16 Dec 2022 | LK₨21.3b | LK₨7.8b | -LK₨696,998,334.00 | 6.5x | -30.5x | 2.7x |
| Sun, 13 Nov 2022 | LK₨22.8b | LK₨7.5b | LK₨968.3m | 7.1x | 23.6x | 3x |
| Tue, 11 Oct 2022 | LK₨23.8b | LK₨7.5b | LK₨968.3m | 7.1x | 24.6x | 3.2x |
| Thu, 08 Sep 2022 | LK₨23.7b | LK₨7.5b | LK₨968.3m | 7.2x | 24.5x | 3.2x |
| Sat, 06 Aug 2022 | LK₨24.0b | LK₨7.4b | LK₨1.6b | 6.8x | 14.7x | 3.3x |
| Mon, 04 Jul 2022 | LK₨22.4b | LK₨7.4b | LK₨1.6b | 6.8x | 13.7x | 3x |
| Wed, 01 Jun 2022 | LK₨23.5b | LK₨7.5b | LK₨3.5b | 6.9x | 6.7x | 3.2x |
| Fri, 29 Apr 2022 | LK₨23.3b | LK₨7.5b | LK₨3.6b | 6.1x | 6.4x | 3.1x |
| Sun, 27 Mar 2022 | LK₨26.9b | LK₨7.5b | LK₨3.6b | 7.8x | 7.5x | 3.6x |
| Tue, 22 Feb 2022 | LK₨29.5b | LK₨7.4b | LK₨3.6b | 9.6x | 8.3x | 4x |
| Thu, 20 Jan 2022 | LK₨33.0b | LK₨7.0b | LK₨3.4b | 9.4x | 9.7x | 4.7x |
| Sat, 18 Dec 2021 | LK₨30.3b | LK₨7.0b | LK₨3.4b | 9x | 8.9x | 4.3x |
| Mon, 15 Nov 2021 | LK₨29.7b | LK₨6.6b | LK₨3.3b | 9.3x | 9.1x | 4.5x |
| Wed, 13 Oct 2021 | LK₨27.6b | LK₨6.5b | LK₨3.3b | 8.8x | 8.3x | 4.2x |
| Fri, 10 Sep 2021 | LK₨26.4b | LK₨6.5b | LK₨3.3b | 8.6x | 7.9x | 4.1x |
| Sun, 08 Aug 2021 | LK₨26.7b | LK₨6.5b | LK₨3.3b | 8.6x | 8x | 4.1x |
| Sat, 01 May 2021 | LK₨23.9b | LK₨5.8b | LK₨2.7b | 8.7x | 8.9x | 4.1x |
Price to Earnings Ratio
8.9x
Current Industry PE
- Investors are pessimistic on the Sri Lankan Renewable Electricity 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 16.3x which is lower than its 3-year average PE of 26.3x.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Renewable Electricity industry have declined 17% per year over the last three years.
- Meanwhile revenues for these companies have grown 21% 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 Comparison
How does Sri Lankan Renewable Energy compare with similar industries?
| LK Market | -0.63% | |
| Utilities | 0.91% | |
| Renewable Energy | 0.91% | |
| Renewable Energy | 3.56% | |
| Independent Power Producers and Energy Traders | -1.51% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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₨8.50 | 6.3% +LK₨471.9m | 41.7% | PE6.5x | |
| PAP.N0000 Panasian Power | LK₨4.20 | 7.7% +LK₨187.5m | 31.3% | PS2x | |
| HPWR.N0000 Resus Energy | LK₨20.80 | 5.1% +LK₨86.2m | 60.0% | PE5.3x | |
| VPEL.N0000 Vallibel Power Erathna | LK₨7.70 | 1.3% +LK₨74.7m | 13.2% | PE7.1x | |
| LPL.N0000 LAUGFS Power | LK₨9.60 | 1.1% +LK₨38.7m | 9.1% | PS4x |