Lanka IOC PLC

COSE:LIOC.N0000 Stock Report

Market Cap: LK₨69.1b

Lanka IOC Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: LIOC.N0000 (LKR129.75) is trading above our estimate of fair value (LKR90.09)

Significantly Below Fair Value: LIOC.N0000 is trading above our estimate of fair value.

Key Valuation Metric

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

Key metric: As LIOC.N0000 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LIOC.N0000. This is calculated by dividing LIOC.N0000's market cap by their current earnings.
What is LIOC.N0000's PE Ratio?
PE Ratio5.4x
EarningsLK₨12.74b
Market CapLK₨69.09b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for LIOC.N0000 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10x
CONOIL Conoil
21.9xn/a₦268.7b
APL Attock Petroleum
5.8x-5.4%PK₨63.2b
TOTAL TotalEnergies Marketing Nigeria
7.8x56.6%₦228.8b
ATRL Attock Refinery
4.7xn/aPK₨77.8b
LIOC.N0000 Lanka IOC
5.4xn/aLK₨69.1b

Price-To-Earnings vs Peers: LIOC.N0000 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (10x).

Price to Earnings Ratio vs Industry

How does LIOC.N0000's PE Ratio compare vs other companies in the Asian Oil and Gas Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LIOC.N0000 5.4xIndustry Avg. 10.3xNo. of Companies38PE0816243240+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LIOC.N0000 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the Asian Oil and Gas industry average (10.3x).

Price to Earnings Ratio vs Fair Ratio

What is LIOC.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.

LIOC.N0000 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LIOC.N0000's Price-To-Earnings Fair Ratio 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?

The above table shows the analyst LIOC.N0000 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentLK₨129.75
LK₨152.70
+17.7%
4.4%LK₨159.40LK₨146.00n/a2
Dec ’25LK₨109.50
LK₨152.70
+39.5%
4.4%LK₨159.40LK₨146.00n/a2
Nov ’25LK₨115.50
LK₨152.70
+32.2%
4.4%LK₨159.40LK₨146.00n/a2
Oct ’25LK₨114.75
LK₨156.20
+36.1%
2.0%LK₨159.40LK₨153.00n/a2
Sep ’25LK₨106.00
LK₨156.20
+47.4%
2.0%LK₨159.40LK₨153.00n/a2
Aug ’25LK₨117.50
LK₨156.20
+32.9%
2.0%LK₨159.40LK₨153.00n/a2
Jul ’25LK₨126.00
LK₨149.30
+18.5%
2.5%LK₨153.00LK₨145.60n/a2
Jun ’25LK₨127.00
LK₨149.30
+17.6%
2.5%LK₨153.00LK₨145.60n/a2
May ’25LK₨132.75
LK₨149.30
+12.5%
2.5%LK₨153.00LK₨145.60n/a2
Apr ’25LK₨117.00
LK₨149.30
+27.6%
2.5%LK₨153.00LK₨145.60n/a2
Mar ’25LK₨108.25
LK₨149.30
+37.9%
2.5%LK₨153.00LK₨145.60n/a2
Oct ’24LK₨116.25
LK₨195.40
+68.1%
27.9%LK₨250.00LK₨140.80LK₨114.752
Sep ’24LK₨123.75
LK₨195.40
+57.9%
27.9%LK₨250.00LK₨140.80LK₨106.002
Aug ’24LK₨131.00
LK₨195.40
+49.2%
27.9%LK₨250.00LK₨140.80LK₨117.502
Jul ’24LK₨130.00
LK₨226.13
+73.9%
27.5%LK₨287.60LK₨140.80LK₨126.003
Jun ’24LK₨136.75
LK₨226.13
+65.4%
27.5%LK₨287.60LK₨140.80LK₨127.003
May ’24LK₨164.75
LK₨239.77
+45.5%
18.3%LK₨287.60LK₨181.70LK₨132.753
Apr ’24LK₨171.50
LK₨239.77
+39.8%
18.3%LK₨287.60LK₨181.70LK₨117.003
Mar ’24LK₨199.00
LK₨234.65
+17.9%
22.6%LK₨287.60LK₨181.70LK₨108.252
Feb ’24LK₨203.25
LK₨234.65
+15.4%
22.6%LK₨287.60LK₨181.70LK₨102.002
Jan ’24LK₨202.75
LK₨234.65
+15.7%
22.6%LK₨287.60LK₨181.70LK₨102.002
Dec ’23LK₨194.75
LK₨238.70
+22.6%
23.9%LK₨295.70LK₨181.70LK₨103.002

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 06:29
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lanka IOC PLC is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Prakatheesh NareshkumarAsia Securities (Private) Limited
null nullCT CLSA Securities
Kavinda PereraTellimer Research