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APLA

ACL Plastics COSE:APLA.N0000 Stock Report

Last Price

LK₨440.75

Market Cap

LK₨2.0b

7D

11.7%

1Y

66.6%

Updated

17 Aug, 2022

Data

Company Financials
APLA.N0000 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends5/6

APLA.N0000 Stock Overview

ACL Plastics PLC manufactures, deals in, and markets cable grade PVC compounds primarily in Sri Lanka.

ACL Plastics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ACL Plastics
Historical stock prices
Current Share PriceLK₨440.75
52 Week HighLK₨1,008.00
52 Week LowLK₨180.00
Beta0.67
1 Month Change47.53%
3 Month Change28.03%
1 Year Change66.64%
3 Year Change252.60%
5 Year Change238.52%
Change since IPO1,124.31%

Recent News & Updates

Shareholder Returns

APLA.N0000LK ChemicalsLK Market
7D11.7%5.9%8.0%
1Y66.6%-5.2%5.6%

Return vs Industry: APLA.N0000 exceeded the LK Chemicals industry which returned -5.2% over the past year.

Return vs Market: APLA.N0000 exceeded the LK Market which returned 5.6% over the past year.

Price Volatility

Is APLA.N0000's price volatile compared to industry and market?
APLA.N0000 volatility
APLA.N0000 Average Weekly Movement11.7%
Chemicals Industry Average Movement9.4%
Market Average Movement8.6%
10% most volatile stocks in LK Market13.3%
10% least volatile stocks in LK Market4.8%

Stable Share Price: APLA.N0000 is more volatile than 75% of LK stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: APLA.N0000's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of LK stocks.

About the Company

FoundedEmployeesCEOWebsite
199155Hiran Arjuna Madanayakehttps://www.acl.lk

ACL Plastics PLC manufactures, deals in, and markets cable grade PVC compounds primarily in Sri Lanka. Its products are used for the sheathing and insulation of electric cables. The company was incorporated in 1991 and is based in Colombo, Sri Lanka.

ACL Plastics Fundamentals Summary

How do ACL Plastics's earnings and revenue compare to its market cap?
APLA.N0000 fundamental statistics
Market CapLK₨2.01b
Earnings (TTM)LK₨675.90m
Revenue (TTM)LK₨2.96b

2.7x

P/E Ratio

0.6x

P/S Ratio

Is APLA.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
APLA.N0000 income statement (TTM)
RevenueLK₨0
Cost of RevenueLK₨0
Gross ProfitLK₨0
Other ExpensesLK₨0
EarningsLK₨0

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)160.45
Gross Margin23.96%
Net Profit Margin22.87%
Debt/Equity Ratio8.0%

How did APLA.N0000 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

9%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

APLA.N0000 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA1.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

APLA.N0000 PE Ratio vs Peers
The above table shows the PE ratio for APLA.N0000 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.9x
UCAR.N0000 Union Chemicals Lanka
13.9xn/aLK₨1.2b
SIL.N0000 Samson International
5.6xn/aLK₨846.6m
REXP.N0000 Richard Pieris Exports
7.6xn/aLK₨9.6b
ASPH.N0000 Industrial Asphalts (Ceylon)
4.8xn/aLK₨1.1b
APLA.N0000 ACL Plastics
2.7xn/aLK₨2.0b

Price-To-Earnings vs Peers: APLA.N0000 is good value based on its Price-To-Earnings Ratio (2.7x) compared to the peer average (7.9x).


Price to Earnings Ratio vs Industry

How does APLA.N0000's PE Ratio compare vs other companies in the Asian Chemicals Industry?

Price-To-Earnings vs Industry: APLA.N0000 is good value based on its Price-To-Earnings Ratio (2.7x) compared to the LK Chemicals industry average (5.4x)


Price to Earnings Ratio vs Fair Ratio

What is APLA.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.

APLA.N0000 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.7x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: APLA.N0000 (LKR440.75) is trading below our estimate of fair value (LKR973.36)

Significantly Below Fair Value: APLA.N0000 is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is ACL Plastics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.2%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ACL Plastics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

  • Examine whether ACL Plastics is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has ACL Plastics performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


48.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: APLA.N0000 has high quality earnings.

Growing Profit Margin: APLA.N0000's current net profit margins (22.9%) are higher than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: APLA.N0000's earnings have grown significantly by 48.4% per year over the past 5 years.

Accelerating Growth: APLA.N0000's earnings growth over the past year (277%) exceeds its 5-year average (48.4% per year).

Earnings vs Industry: APLA.N0000 earnings growth over the past year (277%) exceeded the Chemicals industry 56.9%.


Return on Equity

High ROE: APLA.N0000's Return on Equity (30.5%) is considered high.


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Financial Health

How is ACL Plastics's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: APLA.N0000's short term assets (LKR2.5B) exceed its short term liabilities (LKR585.3M).

Long Term Liabilities: APLA.N0000's short term assets (LKR2.5B) exceed its long term liabilities (LKR70.1M).


Debt to Equity History and Analysis

Debt Level: APLA.N0000 has more cash than its total debt.

Reducing Debt: APLA.N0000's debt to equity ratio has increased from 0.04% to 8% over the past 5 years.

Debt Coverage: APLA.N0000's debt is well covered by operating cash flow (269.2%).

Interest Coverage: APLA.N0000 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is ACL Plastics's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.40%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: APLA.N0000's dividend (3.4%) is higher than the bottom 25% of dividend payers in the LK market (2.28%).

High Dividend: APLA.N0000's dividend (3.4%) is low compared to the top 25% of dividend payers in the LK market (8.33%).


Stability and Growth of Payments

Stable Dividend: APLA.N0000's dividends per share have been stable in the past 10 years.

Growing Dividend: APLA.N0000's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.3%), APLA.N0000's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (14.3%), APLA.N0000's dividend payments are thoroughly covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

16.8yrs

Average board tenure


CEO

Hiran Arjuna Madanayake

27.92yrs

Tenure

Mr. Hiran Arjuna Suren Madanayake has been the Managing Director of ACL Plastics PLC since September 1994 and has been its Executive Director since 1991. Mr. Madanayake serves as the Managing Director of A...


Board Members

Experienced Board: APLA.N0000's board of directors are seasoned and experienced ( 16.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ACL Plastics PLC's employee growth, exchange listings and data sources


Key Information

  • Name: ACL Plastics PLC
  • Ticker: APLA.N0000
  • Exchange: COSE
  • Founded: 1991
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: LK₨2.005b
  • Shares outstanding: 4.21m
  • Website: https://www.acl.lk

Number of Employees


Location

  • ACL Plastics PLC
  • No. 60, Rodney Street
  • Colombo
  • 8
  • Sri Lanka

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/17 00:00
End of Day Share Price2022/08/17 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.