Lankem Developments (COSE:LDEV.N0000) - Stock Price, News & Analysis

LDEV.N0000 Stock Overview

Lankem Developments PLC, an investment holding company, cultivates, manufactures, processes, and sells black tea in Sri Lanka.

About the company

LDEV.N0000 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	1/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Does not have a meaningful market cap (LKR2B)

Large one-off items impacting financial results

Profit margins (1%) are lower than last year (15.2%)

Volatile share price over the past 3 months

Lankem Developments PLC Competitors

Balangoda Plantations

COSE:BALA.N0000

LK₨2.3b

Agarapatana Plantations

COSE:AGPL.N0000

LK₨3.8b

Bogawantalawa Tea Estates

COSE:BOPL.N0000

LK₨3.1b

Horana Plantations

COSE:HOPL.N0000

LK₨937.5m

Price History & Performance

Summary of all time highs, changes and price drops for Lankem Developments
Historical stock prices
Current Share Price	LK₨16.80
52 Week High	LK₨29.50
52 Week Low	LK₨13.80
Beta	0.49
1 Month Change	-6.15%
3 Month Change	-8.70%
1 Year Change	-34.38%
3 Year Change	380.00%
5 Year Change	441.94%
Change since IPO	17.89%

Recent updates

Shareholder Returns

	LDEV.N0000	LK Food	LK Market
7D	-0.6%	-1.1%	-0.7%
1Y	-34.4%	2.3%	17.9%

Return vs Industry: LDEV.N0000 underperformed the LK Food industry which returned 2.3% over the past year.

Return vs Market: LDEV.N0000 underperformed the LK Market which returned 17.9% over the past year.

Price Volatility

Is LDEV.N0000's price volatile compared to industry and market?
LDEV.N0000 volatility
LDEV.N0000 Average Weekly Movement	6.5%
Food Industry Average Movement	3.6%
Market Average Movement	4.3%
10% most volatile stocks in LK Market	7.1%
10% least volatile stocks in LK Market	2.9%

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

Volatility Over Time: LDEV.N0000's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of LK stocks.

About the Company

Founded	Employees	CEO	Website
1974	n/a	n/a	n/a

Lankem Developments PLC, an investment holding company, cultivates, manufactures, processes, and sells black tea in Sri Lanka. The company operates in Plantations and Other segments. It also generates power energy/electricity for the national grid through hydro resources.

Lankem Developments PLC Fundamentals Summary

How do Lankem Developments's earnings and revenue compare to its market cap?
LDEV.N0000 fundamental statistics
Market cap	LK₨2.02b
Earnings (TTM)	LK₨79.27m
Revenue (TTM)	LK₨7.57b

25.4x

P/E Ratio

0.3x

P/S Ratio

Is LDEV.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LDEV.N0000 income statement (TTM)
Revenue	LK₨7.57b
Cost of Revenue	LK₨6.43b
Gross Profit	LK₨1.14b
Other Expenses	LK₨1.06b
Earnings	LK₨79.27m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.66
Gross Margin	15.05%
Net Profit Margin	1.05%
Debt/Equity Ratio	49.7%

How did LDEV.N0000 perform over the long term?

See historical performance and comparison

LDEV.N0000 Stock Overview

Rewards

Risk Analysis

Lankem Developments PLC Competitors

COSE:BALA.N0000

LK₨2.3b

COSE:AGPL.N0000

LK₨3.8b

COSE:BOPL.N0000

LK₨3.1b

COSE:HOPL.N0000

LK₨937.5m

Price History & Performance

Recent News & Updates

Non Executive Director recently sold LK₨3.8m worth of stock

Investor sentiment improves as stock rises 15%

Non Executive Director recently bought LK₨1.2m worth of stock

Third quarter 2024 earnings released: LK₨0.06 loss per share (vs LK₨2.46 profit in 3Q 2023)

Non Executive Director recently sold LK₨1.9m worth of stock

Second quarter 2024 earnings released: EPS: LK₨0.38 (vs LK₨3.10 in 2Q 2023)

Recent updates

Non Executive Director recently sold LK₨3.8m worth of stock

Investor sentiment improves as stock rises 15%

Non Executive Director recently bought LK₨1.2m worth of stock

Third quarter 2024 earnings released: LK₨0.06 loss per share (vs LK₨2.46 profit in 3Q 2023)

Non Executive Director recently sold LK₨1.9m worth of stock

Second quarter 2024 earnings released: EPS: LK₨0.38 (vs LK₨3.10 in 2Q 2023)

Non Executive Director recently sold LK₨2.9m worth of stock

New minor risk - Share price stability

Lankem Developments PLC, Annual General Meeting, Sep 26, 2023

First quarter 2024 earnings released: EPS: LK₨0.35 (vs LK₨3.73 in 1Q 2023)

New minor risk - Insider selling

Non Executive Director recently sold LK₨7.4m worth of stock

Investor sentiment improves as stock rises 16%

Full year 2023 earnings released: EPS: LK₨12.30 (vs LK₨0.10 in FY 2022)

Non Executive Director recently sold LK₨1.3m worth of stock

Third quarter 2023 earnings released: EPS: LK₨2.46 (vs LK₨0.30 loss in 3Q 2022)

Investor sentiment improved over the past week

Non Executive Director recently bought LK₨41m worth of stock

Investor sentiment improved over the past week

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: LK₨3.10 (vs LK₨0.17 in 2Q 2022)

Investor sentiment improved over the past week

Lankem Developments PLC, Annual General Meeting, Oct 27, 2022

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: LK₨3.73 (vs LK₨0.15 loss in 1Q 2022)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Non Executive Director recently sold LK₨9.3m worth of stock

Full year 2022 earnings released: EPS: LK₨0.49 (vs LK₨1.14 in FY 2021)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

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

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2022 earnings released: LK₨0.15 loss per share (vs LK₨0.17 profit in 1Q 2021)

Investor sentiment improved over the past week

New 90-day low: LK₨3.30

Third quarter 2021 earnings released: EPS LK₨0.55 (vs LK₨1.20 loss in 3Q 2020)

New 90-day low: LK₨4.10

New 90-day low: LK₨4.50

Lankem Developments PLC, Annual General Meeting, Dec 30, 2020

Second quarter 2021 earnings released: LK₨0.76 loss per share

New 90-day high: LK₨6.10

Non Executive Director recently bought LK₨557k worth of stock

New 90-day high: LK₨5.60

First quarter earnings released

Full year earnings released - LK₨4.32 loss per share

New 90-day high - LK₨4.30

Shareholder Returns

Price Volatility

About the Company

Lankem Developments PLC Fundamentals Summary

25.4x

0.3x