SEYB.N0000 Stock Overview
Seylan Bank PLC, together with its subsidiaries, provides commercial banking and related financial services in Sri Lanka.
Seylan Bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||LK₨31.80|
|52 Week High||LK₨46.46|
|52 Week Low||LK₨26.00|
|1 Month Change||9.66%|
|3 Month Change||13.57%|
|1 Year Change||-27.31%|
|3 Year Change||-30.04%|
|5 Year Change||-58.34%|
|Change since IPO||-30.99%|
Recent News & Updates
|SEYB.N0000||LK Banks||LK Market|
Return vs Industry: SEYB.N0000 exceeded the LK Banks industry which returned -29.9% over the past year.
Return vs Market: SEYB.N0000 underperformed the LK Market which returned 5.8% over the past year.
|SEYB.N0000 Average Weekly Movement||6.8%|
|Banks Industry Average Movement||6.8%|
|Market Average Movement||8.7%|
|10% most volatile stocks in LK Market||13.6%|
|10% least volatile stocks in LK Market||5.1%|
Stable Share Price: SEYB.N0000 is less volatile than 75% of LK stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: SEYB.N0000's weekly volatility (7%) has been stable over the past year.
About the Company
Seylan Bank PLC, together with its subsidiaries, provides commercial banking and related financial services in Sri Lanka. It operates through Banking, Treasury, and Property/Investments segments. The company provides deposit products, including savings, current, foreign currency, and money market accounts, as well as time deposits and certificates of deposit; corporate and retail credit; rural credit; housing and educational loans; personal, margin, and business loans; agricultural, small and medium enterprises, and micro loans; and finance leasing services for vehicles, motorcycles, machinery, plant, and equipment.
Seylan Bank Fundamentals Summary
|SEYB.N0000 fundamental statistics|
Is SEYB.N0000 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SEYB.N0000 income statement (TTM)|
|Cost of Revenue||LK₨0|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||7.42|
|Net Profit Margin||19.02%|
How did SEYB.N0000 perform over the long term?See historical performance and comparison
Is SEYB.N0000 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SEYB.N0000?
Other financial metrics that can be useful for relative valuation.
|What is SEYB.N0000's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does SEYB.N0000's PE Ratio compare to its peers?
|SEYB.N0000 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
NDB.N0000 National Development Bank
DFCC.N0000 DFCC Bank
NTB.N0000 Nations Trust Bank
ABL.N0000 Amãna Bank
SEYB.N0000 Seylan Bank
Price-To-Earnings vs Peers: SEYB.N0000 is good value based on its Price-To-Earnings Ratio (4.3x) compared to the peer average (5.9x).
Price to Earnings Ratio vs Industry
How does SEYB.N0000's PE Ratio compare vs other companies in the Asian Banks Industry?
Price-To-Earnings vs Industry: SEYB.N0000 is good value based on its Price-To-Earnings Ratio (4.3x) compared to the Asian Banks industry average (8.7x)
Price to Earnings Ratio vs Fair Ratio
What is SEYB.N0000's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||4.3x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SEYB.N0000's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of SEYB.N0000 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SEYB.N0000 (LKR31.8) is trading above our estimate of fair value (LKR15.06)
Significantly Below Fair Value: SEYB.N0000 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Seylan Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Seylan Bank has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Examine Seylan Bank's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has Seylan Bank performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SEYB.N0000 has a high level of non-cash earnings.
Growing Profit Margin: SEYB.N0000's current net profit margins (19%) are higher than last year (17.9%).
Past Earnings Growth Analysis
Earnings Trend: SEYB.N0000's earnings have declined by 2.1% per year over the past 5 years.
Accelerating Growth: SEYB.N0000's earnings growth over the past year (12.6%) exceeds its 5-year average (-2.1% per year).
Earnings vs Industry: SEYB.N0000 earnings growth over the past year (12.6%) exceeded the Banks industry -11.8%.
Return on Equity
High ROE: SEYB.N0000's Return on Equity (7.4%) is considered low.
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How is Seylan Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score4/6
Financial Health Score 4/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: SEYB.N0000's Assets to Equity ratio (12.2x) is moderate.
Allowance for Bad Loans: SEYB.N0000 has a low allowance for bad loans (86%).
Low Risk Liabilities: 87% of SEYB.N0000's liabilities are made up of primarily low risk sources of funding.
Loan Level: SEYB.N0000 has an appropriate level of Loans to Assets ratio (70%).
Low Risk Deposits: SEYB.N0000's Loans to Deposits ratio (88%) is appropriate.
Level of Bad Loans: SEYB.N0000 has a high level of bad loans (5.9%).
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What is Seylan Bank current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SEYB.N0000's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SEYB.N0000's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SEYB.N0000's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SEYB.N0000's dividend payments have been increasing.
Current Payout to Shareholders
Earnings Coverage: SEYB.N0000 is not paying a notable dividend for the LK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SEYB.N0000's dividend in 3 years as they are not forecast to pay a notable one for the LK market.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kapila Ariyaratne (61 yo)
Mr. Kapila Prasanna Ariyaratne has been the Chief Executive Officer of Seylan Bank PLC since March 2, 2011. Mr. Ariyaratne has been an Executive Director of Seylan Bank PLC since February 16, 2015. He serv...
Experienced Management: SEYB.N0000's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: SEYB.N0000's board of directors are considered experienced (4.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
|Employee Share Scheme||18,225,523||3.2%|
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Seylan Bank PLC's employee growth, exchange listings and data sources
- Name: Seylan Bank PLC
- Ticker: SEYB.N0000
- Exchange: COSE
- Founded: 1987
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: LK₨17.149b
- Shares outstanding: 539.28m
- Website: https://www.seylan.lk
Number of Employees
- Seylan Bank PLC
- Seylan Towers
- No. 90, Galle Road
- Sri Lanka
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SEYB.N0000||COSE (Colombo Stock Exchange)||Yes||Ordinary Voting Shares Rs 10||LK||LKR||Nov 1992|
|SEYB.X0000||COSE (Colombo Stock Exchange)||Ordinary Non-Voting Shares Rs 10||LK||LKR||Oct 2003|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/25 00:00|
|End of Day Share Price||2022/09/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.