Ceylon Tobacco Past Earnings Performance

Past criteria checks 5/6

Ceylon Tobacco has been growing earnings at an average annual rate of 14.3%, while the Tobacco industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 14.8% per year. Ceylon Tobacco's return on equity is 277.9%, and it has net margins of 48%.

Key information

14.3%

Earnings growth rate

14.3%

EPS growth rate

Tobacco Industry Growth	9.2%
Revenue growth rate	14.8%
Return on equity	277.9%
Net Margin	48.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Ceylon Tobacco makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:CTC.N0000 Revenue, expenses and earnings (LKR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	63,274	30,375	2,764
30 Jun 24	60,565	29,526	2,586
31 Mar 24	59,162	28,462	2,540
31 Dec 23	57,721	27,656	2,495
30 Sep 23	52,182	25,471	2,069
30 Jun 23	51,870	25,168	2,142
31 Mar 23	47,824	22,282	2,056
31 Dec 22	44,272	20,469	1,824
30 Sep 22	41,662	18,619	1,913
30 Jun 22	36,805	15,858	1,665
31 Mar 22	34,373	16,413	1,438
31 Dec 21	33,615	16,146	1,417
30 Sep 21	31,365	15,254	1,291
30 Jun 21	34,342	16,380	1,394
31 Mar 21	32,170	15,567	1,306
31 Dec 20	32,073	15,578	1,287
30 Sep 20	34,552	15,967	1,461
30 Jun 20	32,484	15,546	1,311
31 Mar 20	35,535	17,128	1,447
31 Dec 19	35,524	17,259	1,370
30 Sep 19	34,512	18,522	1,405
30 Jun 19	33,104	17,656	1,337
31 Mar 19	33,193	17,328	1,260
31 Dec 18	32,931	17,004	1,298
30 Sep 18	31,939	16,235	1,193
30 Jun 18	32,583	16,527	1,258
31 Mar 18	32,148	15,126	1,214
31 Dec 17	31,151	14,586	1,219
30 Sep 17	31,031	12,071	1,382
30 Jun 17	32,064	12,605	1,363
31 Mar 17	31,384	12,700	1,397
31 Dec 16	31,747	12,559	1,389
30 Sep 16	30,142	12,411	1,255
30 Jun 16	28,157	11,231	1,338
31 Mar 16	27,141	11,200	1,267
31 Dec 15	26,099	10,634	1,298
30 Sep 15	25,965	10,789	1,149
30 Jun 15	23,800	9,591	1,092
31 Mar 15	22,849	9,084	1,088
31 Dec 14	21,739	8,619	1,137
30 Sep 14	22,226	9,152	1,092
30 Jun 14	22,375	9,391	947
31 Mar 14	22,211	9,702	896
31 Dec 13	21,618	9,140	967

Quality Earnings: CTC.N0000 has high quality earnings.

Growing Profit Margin: CTC.N0000's current net profit margins (48%) are lower than last year (48.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CTC.N0000's earnings have grown by 14.3% per year over the past 5 years.

Accelerating Growth: CTC.N0000's earnings growth over the past year (19.3%) exceeds its 5-year average (14.3% per year).

Earnings vs Industry: CTC.N0000 earnings growth over the past year (19.3%) exceeded the Tobacco industry -3.5%.

Ceylon Tobacco Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Third quarter 2024 earnings released: EPS: LK₨41.21 (vs LK₨36.69 in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨38.53 (vs LK₨33.34 in 2Q 2023)

Full year 2023 earnings released: EPS: LK₨148 (vs LK₨109 in FY 2022)

Full year 2023 earnings released: EPS: LK₨148 (vs LK₨109 in FY 2022)

Third quarter 2023 earnings released: EPS: LK₨36.69 (vs LK₨35.06 in 3Q 2022)

Second quarter 2023 earnings released: EPS: LK₨33.34 (vs LK₨17.94 in 2Q 2022)

Recent updates

Dividend of LK₨40.90 announced

Third quarter 2024 earnings released: EPS: LK₨41.21 (vs LK₨36.69 in 3Q 2023)

Dividend of LK₨38.30 announced

Second quarter 2024 earnings released: EPS: LK₨38.53 (vs LK₨33.34 in 2Q 2023)

Upcoming dividend of LK₨18.84 per share

Dividend of LK₨18.84 announced

Upcoming dividend of LK₨32.70 per share

Ceylon Tobacco Company PLC Announces Chief Executive Officer Changes

Ceylon Tobacco Company PLC Announces Managing Director Changes

Full year 2023 earnings released: EPS: LK₨148 (vs LK₨109 in FY 2022)

Dividend of LK₨18.84 announced

Ceylon Tobacco Company PLC, Annual General Meeting, May 28, 2024

Ceylon Tobacco Company PLC Recommends Final Dividend for the Twelve Months Period Ended 31 December 2023, Payable on June 19, 2024

Upcoming dividend of LK₨31.00 per share

Full year 2023 earnings released: EPS: LK₨148 (vs LK₨109 in FY 2022)

Dividend of LK₨31.00 announced

Ceylon Tobacco Company PLC Appoints Harin De S. Wijeyeratne as an Independent Non-Executive Director

Price target increased by 8.2% to LK₨1,164

Third quarter 2023 earnings released: EPS: LK₨36.69 (vs LK₨35.06 in 3Q 2022)

Upcoming dividend of LK₨36.00 per share at 11% yield

Upcoming dividend of LK₨33.00 per share at 11% yield

Second quarter 2023 earnings released: EPS: LK₨33.34 (vs LK₨17.94 in 2Q 2022)

Upcoming dividend of LK₨20.30 per share at 13% yield

Upcoming dividend of LK₨28.80 per share at 13% yield

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased by 9.4% to LK₨1,036

Upcoming dividend of LK₨30.00 per share at 8.7% yield

Price target increased to LK₨999

Consensus forecasts updated

Less than half of directors are independent

Second quarter 2022 earnings released

Upcoming dividend of LK₨10.00 per share

Consensus forecasts updated

Price target decreased to LK₨952

Upcoming dividend of LK₨10.00 per share

Less than half of directors are independent

Ceylon Tobacco Company Announces the Appointment of Kushan D' Alwis as Independent Non-Executive Director

Investor sentiment deteriorated over the past week

Now 23% undervalued after recent price drop

Full year 2021 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of LK₨15.00 per share

Upcoming dividend of LK₨15.00 per share

Third quarter 2021 earnings released: EPS LK₨20.32 (vs LK₨26.33 in 3Q 2020)

Price target decreased to LK₨1,100

Upcoming dividend of LK₨19.00 per share

Second quarter 2021 earnings released: EPS LK₨20.90 (vs LK₨16.56 in 2Q 2020)

Upcoming dividend of LK₨30.35 per share

Full year 2020 earnings released: EPS LK₨83.16 (vs LK₨92.13 in FY 2019)

Consensus revenue estimates increase to LK₨154.0b

Revenue beats expectations

Full year 2020 earnings released: EPS LK₨83.16 (vs LK₨92.13 in FY 2019)

Chairman of the Board William Pegel has left the company

Ceylon Tobacco Company PLC Appoints Suresh Kumar Shah as Chairman

Ceylon Tobacco Company PLC, Annual General Meeting, May 25, 2021

New 90-day high: LK₨1,029

Price target raised to LK₨1,184

New 90-day high: LK₨980

Third quarter 2020 earnings released: EPS LK₨26.33

New 90-day low: LK₨934

First half earnings released

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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