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Laxapana COSE:LITE.N0000 Stock Report

Last Price

LK₨18.60

Market Cap

LK₨1.2b

7D

1.1%

1Y

28.3%

Updated

21 Nov, 2024

Data

Company Financials

LITE.N0000 Stock Overview

Together with its subsidiary, Sterling Steels (Private) Limited, manufactures, imports, and trades in dry cell batteries, LED and CFL lighting products, rechargeable torches, and industrial lighting products in Sri Lanka. More details

LITE.N0000 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends5/6

Laxapana PLC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Laxapana
Historical stock prices
Current Share PriceLK₨18.60
52 Week HighLK₨20.10
52 Week LowLK₨12.50
Beta0.32
11 Month Change9.41%
3 Month Change15.53%
1 Year Change28.28%
33 Year Change33.81%
5 Year Change69.09%
Change since IPO186.15%

Recent News & Updates

Recent updates

Shareholder Returns

LITE.N0000LK ElectricalLK Market
7D1.1%-3.2%-0.3%
1Y28.3%26.3%19.1%

Return vs Industry: LITE.N0000 exceeded the LK Electrical industry which returned 26.3% over the past year.

Return vs Market: LITE.N0000 exceeded the LK Market which returned 19.1% over the past year.

Price Volatility

Is LITE.N0000's price volatile compared to industry and market?
LITE.N0000 volatility
LITE.N0000 Average Weekly Movement5.7%
Electrical Industry Average Movement7.0%
Market Average Movement4.3%
10% most volatile stocks in LK Market6.5%
10% least volatile stocks in LK Market3.0%

Stable Share Price: LITE.N0000's share price has been volatile over the past 3 months compared to the LK market.

Volatility Over Time: LITE.N0000's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of LK stocks.

About the Company

FoundedEmployeesCEOWebsite
195654n/alaxapana.com

Laxapana PLC, together with its subsidiary, Sterling Steels (Private) Limited, manufactures, imports, and trades in dry cell batteries, LED and CFL lighting products, rechargeable torches, and industrial lighting products in Sri Lanka. The company offers LED ceiling and panel lights; high and low bay LED lights; LED warehouse lighting; LED outdoor flood lights and flood lamps; LED street, roadway, and area lighting; LED solar streetlights; LED wall lamps; LED down lights; LED tube and batten lights; explosion proof LED lights; and AA and AAA batteries under the Laxapana brand. It also provides steel building products; and distributes hardware items.

Laxapana PLC Fundamentals Summary

How do Laxapana's earnings and revenue compare to its market cap?
LITE.N0000 fundamental statistics
Market capLK₨1.23b
Earnings (TTM)LK₨278.35m
Revenue (TTM)LK₨2.06b

4.4x

P/E Ratio

0.6x

P/S Ratio

Is LITE.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LITE.N0000 income statement (TTM)
RevenueLK₨2.06b
Cost of RevenueLK₨1.53b
Gross ProfitLK₨527.69m
Other ExpensesLK₨249.34m
EarningsLK₨278.35m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.20
Gross Margin25.58%
Net Profit Margin13.50%
Debt/Equity Ratio43.7%

How did LITE.N0000 perform over the long term?

See historical performance and comparison

Dividends

8.1%

Current Dividend Yield

36%

Payout Ratio