Central Finance (COSE:CFIN.N0000) - Stock Price, News & Analysis

CFIN.N0000 Stock Overview

Central Finance Company PLC provides various financial solutions in Sri Lanka.

CFIN.N0000 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (3.6x) is below the LK market (9x)

Earnings grew by 19.9% over the past year

Risk Analysis

Dividend of 3.39% is not well covered by cash flows

Does not have a meaningful market cap (LKR29B)

Central Finance Company PLC Competitors

LB Finance

COSE:LFIN.N0000

LK₨39.6b

People's Leasing & Finance

COSE:PLC.N0000

LK₨26.9b

Senkadagala Finance

COSE:SFCL.N0000

LK₨35.4b

Citizens Development Business Finance

COSE:CDB.N0000

LK₨14.1b

Price History & Performance

Summary of all time highs, changes and price drops for Central Finance
Historical stock prices
Current Share Price	LK₨125.50
52 Week High	LK₨139.75
52 Week Low	LK₨62.60
Beta	0.51
1 Month Change	8.19%
3 Month Change	18.40%
1 Year Change	87.31%
3 Year Change	59.01%
5 Year Change	55.35%
Change since IPO	2,739.62%

Recent updates

Shareholder Returns

	CFIN.N0000	LK Consumer Finance	LK Market
7D	0.2%	1.9%	0.3%
1Y	87.3%	36.2%	30.3%

Return vs Industry: CFIN.N0000 exceeded the LK Consumer Finance industry which returned 35.9% over the past year.

Return vs Market: CFIN.N0000 exceeded the LK Market which returned 30.2% over the past year.

Price Volatility

Is CFIN.N0000's price volatile compared to industry and market?
CFIN.N0000 volatility
CFIN.N0000 Average Weekly Movement	3.8%
Consumer Finance Industry Average Movement	5.5%
Market Average Movement	4.3%
10% most volatile stocks in LK Market	6.9%
10% least volatile stocks in LK Market	2.8%

Stable Share Price: CFIN.N0000 has not had significant price volatility in the past 3 months.

Volatility Over Time: CFIN.N0000's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1957	1,582	Eranjith Wijenaike	www.cf.lk

Central Finance Company PLC provides various financial solutions in Sri Lanka. The company operates through seven segments: Leasing, Hire Purchase and Advances; Medical Services; Power Generation; Manufacturing; Insurance Broking; Investments; and Real Estate. It offers leasing, loans, operating leases, deposit mobilization, SME lending, and other financial services.

Central Finance Company PLC Fundamentals Summary

How do Central Finance's earnings and revenue compare to its market cap?
CFIN.N0000 fundamental statistics
Market cap	LK₨28.53b
Earnings (TTM)	LK₨7.89b
Revenue (TTM)	LK₨16.29b

3.6x

P/E Ratio

1.8x

P/S Ratio

Is CFIN.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CFIN.N0000 income statement (TTM)
Revenue	LK₨16.29b
Cost of Revenue	LK₨0
Gross Profit	LK₨16.29b
Other Expenses	LK₨8.40b
Earnings	LK₨7.89b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	34.70
Gross Margin	100.00%
Net Profit Margin	48.41%
Debt/Equity Ratio	3.8%

How did CFIN.N0000 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

12%

Payout Ratio

CFIN.N0000 Stock Overview

Rewards

Risk Analysis

Central Finance Company PLC Competitors

COSE:LFIN.N0000

LK₨39.6b

COSE:PLC.N0000

LK₨26.9b

COSE:SFCL.N0000

LK₨35.4b

COSE:CDB.N0000

LK₨14.1b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings released: EPS: LK₨8.44 (vs LK₨6.89 in 3Q 2023)

Upcoming dividend of LK₨2.50 per share at 4.3% yield

Second quarter 2024 earnings released: EPS: LK₨9.00 (vs LK₨10.39 in 2Q 2023)

Avishka Rosemary Lakshani Gurusinghe to Assume as Company Secretary of Central Finance Company PLC, Effective from December 1, 2023

Investor sentiment improves as stock rises 37%

First quarter 2024 earnings released: EPS: LK₨8.54 (vs LK₨5.80 in 1Q 2023)

Recent updates

Third quarter 2024 earnings released: EPS: LK₨8.44 (vs LK₨6.89 in 3Q 2023)

Upcoming dividend of LK₨2.50 per share at 4.3% yield

Second quarter 2024 earnings released: EPS: LK₨9.00 (vs LK₨10.39 in 2Q 2023)

Avishka Rosemary Lakshani Gurusinghe to Assume as Company Secretary of Central Finance Company PLC, Effective from December 1, 2023

Investor sentiment improves as stock rises 37%

First quarter 2024 earnings released: EPS: LK₨8.54 (vs LK₨5.80 in 1Q 2023)

Insufficient new directors

Upcoming dividend of LK₨1.75 per share at 5.7% yield

Central Finance Company PLC, Annual General Meeting, Jun 30, 2023

Investor sentiment improves as stock rises 18%

Third quarter 2023 earnings released: EPS: LK₨6.89 (vs LK₨14.31 in 3Q 2022)

Upcoming dividend of LK₨2.50 per share

Second quarter 2023 earnings released: EPS: LK₨10.39 (vs LK₨7.67 in 2Q 2022)

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: LK₨5.80 (vs LK₨2.96 in 1Q 2022)

Upcoming dividend of LK₨2.00 per share

Central Finance Company PLC, Annual General Meeting, Jun 30, 2022

Full year 2022 earnings released: EPS: LK₨30.80 (vs LK₨24.39 in FY 2021)

Central Finance Company PLC Proposes Final Dividend for the Year Ended March 31, 2021

Price target decreased to LK₨93.00

Now 23% undervalued after recent price drop

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

Now 22% undervalued

Upcoming dividend of LK₨1.50 per share

Second quarter 2022 earnings released: EPS LK₨7.67 (vs LK₨8.47 in 2Q 2021)

First quarter 2022 earnings released: EPS LK₨2.96 (vs LK₨0.90 in 1Q 2021)

Director of Finance & Executive Director Gerard Shamil Peiris has left the company

Upcoming dividend of LK₨2.30 per share

Hatton Plantations PLC (COSE:HPL.N0000) entered into an agreement to acquire 56.79% stake in Mark Marine Services (Pvt) Ltd. from Central Finance Company PLC (COSE:CFIN.N0000) and CF Insurance Brokers (Pvt.) Ltd for LKR 270 million

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS LK₨24.75 (vs LK₨17.81 in FY 2020)

Central Finance Company PLC Announces Change of Designation of Mr. Arjun Rishya Fernando from Non-Executive Director to Independent Non-Executive Director

Third quarter 2021 earnings released: EPS LK₨4.22 (vs LK₨4.59 in 3Q 2020)

Price target lowered to LK₨90.00

Investor sentiment improved over the past week

New 90-day high: LK₨92.60

Second quarter 2021 earnings released: EPS LK₨8.60

Market bids up stock over the past week

New 90-day high: LK₨88.60

New 90-day high: LK₨81.00

First quarter earnings released

Shareholder Returns

Price Volatility

About the Company

Central Finance Company PLC Fundamentals Summary

3.6x

1.8x

Earnings & Revenue

Dividends

3.4%

12%