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CITW

Waskaduwa Beach Resort COSE:CITW.N0000 Stock Report

Last Price

LK₨2.90

Market Cap

LK₨1.6b

7D

0%

1Y

-38.3%

Updated

02 Oct, 2022

Data

Company Financials
CITW.N0000 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

CITW.N0000 Stock Overview

Waskaduwa Beach Resort PLC provides food and beverage, lodging, and other hospitality industry related services in Sri Lanka.

Waskaduwa Beach Resort Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Waskaduwa Beach Resort
Historical stock prices
Current Share PriceLK₨2.90
52 Week HighLK₨4.80
52 Week LowLK₨1.20
Beta0.64
1 Month Change0%
3 Month Change93.33%
1 Year Change-38.30%
3 Year Change-3.33%
5 Year Change-21.62%
Change since IPO-78.52%

Recent News & Updates

Shareholder Returns

CITW.N0000LK HospitalityLK Market
7D0%0.5%-0.7%
1Y-38.3%20.7%0.1%

Return vs Industry: CITW.N0000 underperformed the LK Hospitality industry which returned 20.7% over the past year.

Return vs Market: CITW.N0000 underperformed the LK Market which returned 0.1% over the past year.

Price Volatility

Is CITW.N0000's price volatile compared to industry and market?
CITW.N0000 volatility
CITW.N0000 Average Weekly Movement15.1%
Hospitality Industry Average Movement12.1%
Market Average Movement8.5%
10% most volatile stocks in LK Market13.3%
10% least volatile stocks in LK Market5.2%

Stable Share Price: CITW.N0000 is more volatile than 90% of LK stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: CITW.N0000's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of LK stocks.

About the Company

FoundedEmployeesCEOWebsite
2011185Priya Chandana Talwattehttps://www.citrusleisure.com/waskaduwa

Waskaduwa Beach Resort PLC provides food and beverage, lodging, and other hospitality industry related services in Sri Lanka. Its flagship resort is Citrus Waskaduwa, a five-star property that consists of 150 rooms, including 140 superior rooms, 8 deluxe suites, 1 executive suite, and 1 presidential suite. The company was incorporated in 2011 and is based in Kalutara, Sri Lanka.

Waskaduwa Beach Resort Fundamentals Summary

How do Waskaduwa Beach Resort's earnings and revenue compare to its market cap?
CITW.N0000 fundamental statistics
Market CapLK₨1.62b
Earnings (TTM)-LK₨401.08m
Revenue (TTM)LK₨411.40m

3.9x

P/S Ratio

-4.0x

P/E Ratio

Is CITW.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CITW.N0000 income statement (TTM)
RevenueLK₨411.40m
Cost of RevenueLK₨142.42m
Gross ProfitLK₨268.97m
Other ExpensesLK₨670.05m
Earnings-LK₨401.08m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.72
Gross Margin65.38%
Net Profit Margin-97.49%
Debt/Equity Ratio125.1%

How did CITW.N0000 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is CITW.N0000 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CITW.N0000?

Other financial metrics that can be useful for relative valuation.

CITW.N0000 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue8.9x
Enterprise Value/EBITDA-72.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does CITW.N0000's PS Ratio compare to its peers?

CITW.N0000 PS Ratio vs Peers
The above table shows the PS ratio for CITW.N0000 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average4x
CITH.N0000 Hikkaduwa Beach Resort
2.4xn/aLK₨1.6b
RPBH.N0000 Royal Palms Beach Hotels
3.3xn/aLK₨1.4b
LHL.N0000 Lighthouse Hotel
3.4xn/aLK₨1.8b
STAF.N0000 Dolphin Hotels
6.8xn/aLK₨2.0b
CITW.N0000 Waskaduwa Beach Resort
3.9xn/aLK₨1.6b

Price-To-Sales vs Peers: CITW.N0000 is good value based on its Price-To-Sales Ratio (3.9x) compared to the peer average (4x).


Price to Earnings Ratio vs Industry

How does CITW.N0000's PE Ratio compare vs other companies in the LK Hospitality Industry?

Price-To-Sales vs Industry: CITW.N0000 is expensive based on its Price-To-Sales Ratio (3.9x) compared to the LK Hospitality industry average (3.9x)


Price to Sales Ratio vs Fair Ratio

What is CITW.N0000's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CITW.N0000 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate CITW.N0000's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of CITW.N0000 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate CITW.N0000's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate CITW.N0000's fair value for valuation analysis.


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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Future Growth

How is Waskaduwa Beach Resort forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


45.2%

Forecasted Consumer Services 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 Waskaduwa Beach Resort 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.


Discover growth companies

  • Take a look at our analysis of CITW.N0000’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has Waskaduwa Beach Resort performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-8.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CITW.N0000 is currently unprofitable.

Growing Profit Margin: CITW.N0000 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CITW.N0000 is unprofitable, and losses have increased over the past 5 years at a rate of 8.3% per year.

Accelerating Growth: Unable to compare CITW.N0000's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CITW.N0000 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (36.7%).


Return on Equity

High ROE: CITW.N0000 has a negative Return on Equity (-24.29%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Waskaduwa Beach Resort's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: CITW.N0000's short term assets (LKR96.4M) do not cover its short term liabilities (LKR612.3M).

Long Term Liabilities: CITW.N0000's short term assets (LKR96.4M) do not cover its long term liabilities (LKR1.9B).


Debt to Equity History and Analysis

Debt Level: CITW.N0000's net debt to equity ratio (123.5%) is considered high.

Reducing Debt: CITW.N0000's debt to equity ratio has reduced from 173.1% to 125.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: CITW.N0000 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: CITW.N0000 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23% each year


Discover healthy companies

Dividend

What is Waskaduwa Beach Resort current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Waskaduwa Beach Resort Dividend Yield vs Market
How does Waskaduwa Beach Resort dividend yield compare to the market?
SegmentDividend Yield
Company (Waskaduwa Beach Resort)n/a
Market Bottom 25% (LK)2.0%
Market Top 25% (LK)7.6%
Industry Average (Hospitality)1.0%
Analyst forecast in 3 Years (Waskaduwa Beach Resort)n/a

Notable Dividend: Unable to evaluate CITW.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 CITW.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 CITW.N0000's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CITW.N0000's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CITW.N0000 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Priya Chandana Talwatte

no data

Tenure

Mr. Priya Chandana Bandara Talwatte has been the Chief Executive Officer of P.W. Corporate Secretarial (Pvt) Ltd. since May 02, 2012.Mr. Talwatte serves as the Chief Executive Officer of Hikkaduwa Beach R...


Ownership

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.


Recent Insider Transactions

COSE:CITW.N0000 Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
05 Oct 21SellLK₨162,594,230Citrus Leisure PLCCompany40,000,000LK₨4.50

Ownership Breakdown

What is the ownership structure of CITW.N0000?
Owner TypeNumber of SharesOwnership Percentage
Institutions5,011,6140.9%
Private Companies20,040,7703.6%
General Public21,732,3963.9%
Individual Insiders49,352,3328.8%
Public Companies463,719,98482.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 93.21% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
82.83%
Citrus Leisure PLC
463,719,984LKR1.3b0%no data
3.02%
Ayenka Holdings Private Limited
16,879,833LKR49.0m0%no data
1%
K. Liyanage
5,600,000LKR16.2m0%no data
0.96%
Gehan De Soyza
5,386,301LKR15.6m0%no data
0.54%
Merchant Bank of Sri Lanka, Asset Management Arm
3,011,614LKR8.7m0%no data
0.48%
Phantom Investments (Private) Limited
2,685,195LKR7.8m0%no data
0.4%
T. Chinniah
2,251,441LKR6.5m0%no data
0.36%
H. Fonseka
2,007,742LKR5.8m0%no data
0.36%
Bank of Ceylon, Asset Management Arm
2,000,000LKR5.8m0%0.12%
0.28%
B. Palihawadana
1,542,901LKR4.5m18.68%no data
0.27%
Nalaka Godahewa
1,500,000LKR4.4m0%no data
0.26%
W. Abesekara
1,463,580LKR4.2m0%no data
0.26%
K. Suriaarchchi
1,455,000LKR4.2m0%no data
0.25%
H. Soysa
1,400,000LKR4.1m0%no data
0.24%
V. Gavasker
1,363,811LKR4.0m0%no data
0.24%
Ruwan Sugathadasa
1,350,000LKR3.9m0%no data
0.23%
H. Priyadharshana
1,276,937LKR3.7m50.23%no data
0.18%
C. Vandort
1,015,900LKR2.9m0%no data
0.18%
C. Jayasooriya
1,004,374LKR2.9m0%no data
0.18%
M. Thassim
997,119LKR2.9m0%no data
0.16%
K. Mathivanan
900,000LKR2.6m0%no data
0.14%
L. Ranasinghe
800,424LKR2.3m0%no data
0.14%
H. Kalansooriya
768,803LKR2.2m0%no data
0.13%
W. De Seram
740,493LKR2.1m0%no data
0.13%
K. Kumara
733,283LKR2.1m0%no data

Company Information

Waskaduwa Beach Resort PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Waskaduwa Beach Resort PLC
  • Ticker: CITW.N0000
  • Exchange: COSE
  • Founded: 2011
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Implied Market Cap: LK₨1.624b
  • Shares outstanding: 559.86m
  • Website: https://www.citrusleisure.com/waskaduwa

Number of Employees


Location

  • Waskaduwa Beach Resort PLC
  • No. 427, Samantara Road
  • Kudawaskaduwa
  • Kalutara
  • Sri Lanka


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CITW.N0000COSE (Colombo Stock Exchange)YesOrdinary SharesLKLKRJan 2012

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/02 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.