How does ASPH.N0000's PE Ratio compare to its peers?

ASPH.N0000 is expensive based on its Price-To-Earnings Ratio (94.5x) compared to the peer average (49.2x).

How does ASPH.N0000's PE Ratio compare vs other companies in the Asian Capital Markets Industry?

ASPH.N0000 is expensive based on its Price-To-Earnings Ratio (94.5x) compared to the Asian Capital Markets industry average (17.8x).

What is ASPH.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.

Insufficient data to calculate ASPH.N0000's Price-To-Earnings Fair Ratio for valuation analysis.

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

ASPH.N0000 (LKR0.3) is trading above our estimate of [[fair value]] (LKR0.13)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Industrial Asphalts (Ceylon) (COSE:ASPH.N0000) - Stock Price, News & Analysis

ASPH.N0000 Stock Overview

An investment holding company, engages in investment activities in Sri Lanka. More details

ASPH.N0000 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the LK market

Does not have a meaningful market cap (LKR1B)

Makes less than USD$1m in revenue (LKR29M)

Earnings have declined by 8.7% per year over past 5 years

+ 2 more risks

Industrial Asphalts (Ceylon) PLC Competitors

Galle Face Capital Partners

COSE:WAPO.N0000

LK₨898.6m

Colombo Fort Investments

COSE:CFI.N0000

LK₨649.4m

Lanka Ventures

COSE:LVEN.N0000

LK₨1.8b

Colombo Investment Trust

COSE:CIT.N0000

LK₨732.7m

Price History & Performance

Summary of all time highs, changes and price drops for Industrial Asphalts (Ceylon)
Historical stock prices
Current Share Price	LK₨0.30
52 Week High	LK₨0.40
52 Week Low	LK₨0.20
Beta	0.65
11 Month Change	0%
3 Month Change	0%
1 Year Change	0%
33 Year Change	-25.00%
5 Year Change	335.77%
Change since IPO	1,814.98%

Recent updates

Shareholder Returns

	ASPH.N0000	LK Capital Markets	LK Market
7D	0%	0.8%	-0.3%
1Y	0%	-7.9%	19.1%

Return vs Industry: ASPH.N0000 exceeded the LK Capital Markets industry which returned -7.9% over the past year.

Return vs Market: ASPH.N0000 underperformed the LK Market which returned 19.1% over the past year.

Price Volatility

Is ASPH.N0000's price volatile compared to industry and market?
ASPH.N0000 volatility
ASPH.N0000 Average Weekly Movement	40.5%
Capital Markets Industry Average Movement	6.2%
Market Average Movement	4.3%
10% most volatile stocks in LK Market	6.5%
10% least volatile stocks in LK Market	3.0%

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

Volatility Over Time: ASPH.N0000's weekly volatility (41%) has been stable over the past year, but is still higher than 75% of LK stocks.

About the Company

Founded	Employees	CEO	Website
1964	5	n/a	www.iac.lk

Industrial Asphalts (Ceylon) PLC, an investment holding company, engages in investment activities in Sri Lanka. It invests in property rental and fixed income, as well as in bitumen space. Industrial Asphalts (Ceylon) PLC was incorporated in 1964 and is based in Peliyagoda, Sri Lanka.

Industrial Asphalts (Ceylon) PLC Fundamentals Summary

How do Industrial Asphalts (Ceylon)'s earnings and revenue compare to its market cap?
ASPH.N0000 fundamental statistics
Market cap	LK₨1.12b
Earnings (TTM)	LK₨11.91m
Revenue (TTM)	LK₨29.17m

94.5x

P/E Ratio

38.6x

P/S Ratio

Is ASPH.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASPH.N0000 income statement (TTM)
Revenue	LK₨29.17m
Cost of Revenue	LK₨0
Gross Profit	LK₨29.17m
Other Expenses	LK₨17.26m
Earnings	LK₨11.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.0032
Gross Margin	100.00%
Net Profit Margin	40.82%
Debt/Equity Ratio	5.2%

How did ASPH.N0000 perform over the long term?

See historical performance and comparison

ASPH.N0000 Stock Overview

Risk Analysis

Industrial Asphalts (Ceylon) PLC Competitors

COSE:WAPO.N0000

LK₨898.6m

COSE:CFI.N0000

LK₨649.4m

COSE:LVEN.N0000

LK₨1.8b

COSE:CIT.N0000

LK₨732.7m

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

Board Member recently bought LK₨58k worth of stock

Insufficient new directors

Industrial Asphalts (Ceylon) PLC Announces Re-Designation of Nanda Kumara Dahanayake from Non-Executive Independent Director to Non-Executive Director

New minor risk - Profit margin trend

New major risk - Revenue and earnings growth

Recent updates

New major risk - Revenue and earnings growth

Board Member recently bought LK₨58k worth of stock

Insufficient new directors

Industrial Asphalts (Ceylon) PLC Announces Re-Designation of Nanda Kumara Dahanayake from Non-Executive Independent Director to Non-Executive Director

New minor risk - Profit margin trend

New major risk - Revenue and earnings growth

Full year 2024 earnings released: EPS: LK₨0.005 (vs LK₨0.039 in FY 2023)

Industrial Asphalts (Ceylon) PLC, Annual General Meeting, Aug 22, 2024

Full year 2024 earnings released: EPS: LK₨0.005 (vs LK₨0.039 in FY 2023)

Third quarter 2024 earnings released: LK₨0.006 loss per share (vs LK₨0.007 loss in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨0.003 (vs LK₨0.018 in 2Q 2023)

Now 21% undervalued after recent price drop

Now 20% undervalued after recent price drop

Industrial Asphalts (Ceylon) PLC, Annual General Meeting, Sep 06, 2023

First quarter 2024 earnings released: EPS: LK₨0.001 (vs LK₨0.003 in 1Q 2023)

Non-Executive Independent Director recently bought LK₨166k worth of stock

Non-Executive Independent Director recently bought LK₨180k worth of stock

Full year 2023 earnings released: EPS: LK₨0.007 (vs LK₨0.063 in FY 2022)

Now 22% undervalued

Now 22% undervalued

Now 20% undervalued after recent price drop

Now 20% undervalued

Third quarter 2023 earnings released: LK₨0.007 loss per share (vs LK₨0.001 profit in 3Q 2022)

High number of new and inexperienced directors

Second quarter 2023 earnings released: EPS: LK₨0.017 (vs LK₨0.001 in 2Q 2022)

High number of new and inexperienced directors

Industrial Asphalts (Ceylon) PLC, Annual General Meeting, Oct 05, 2022

First quarter 2023 earnings released: EPS: LK₨0.003 (vs LK₨0.001 in 1Q 2022)

Full year 2022 earnings released: EPS: LK₨0.062 (vs LK₨0.034 in FY 2021)

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Non-Executive Independent Director recently bought LK₨521k worth of stock

Second quarter 2022 earnings released: EPS LK₨0.001 (vs LK₨0.001 in 2Q 2021)

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Non-Executive Independent Director Duleep Daluwatte has left the company

Less than half of directors are independent

First quarter 2022 earnings released

Executive Director recently sold LK₨106m worth of stock

New 90-day high: LK₨0.40

Industrial Asphalts (Ceylon) PLC, Annual General Meeting, Jan 18, 2021

Second quarter 2021 earnings released: EPS LK₨0.001

MD, CEO & Director recently sold LK₨43m worth of stock

First quarter earnings released

Industrial Asphalts (Ceylon) PLC has completed a Follow-on Equity Offering in the amount of LKR 149.97645 million.

Shareholder Returns

Price Volatility

About the Company

Industrial Asphalts (Ceylon) PLC Fundamentals Summary

94.5x

38.6x

Earnings & Revenue