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

DIPD.N0000 is good value based on its Price-To-Earnings Ratio (5.2x) compared to the peer average (18.9x).

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

DIPD.N0000 is good value based on its Price-To-Earnings Ratio (5.2x) compared to the Asian Chemicals industry average (22.9x).

What is DIPD.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.

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

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

DIPD.N0000 (LKR39.9) is trading above our estimate of [[fair value]] (LKR1.04)

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

Insufficient data to show price forecast.

Dipped Products (COSE:DIPD.N0000) - Stock Price, News & Analysis

DIPD.N0000 Stock Overview

Manufactures and markets industrial and general purpose rubber gloves in Sri Lanka, Asia, Africa, the Middle East, Australia, New Zealand, Europe, North America, and South America. More details

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

Rewards

Price-To-Earnings ratio (5.2x) is below the LK market (8.4x)

Earnings grew by 49.7% over the past year

Risk Analysis

Dividend of 5.01% is not well covered by free cash flows

Does not have a meaningful market cap (LKR24B)

Dipped Products PLC Competitors

Haycarb

COSE:HAYC.N0000

LK₨23.2b

Chevron Lubricants Lanka

COSE:LLUB.N0000

LK₨31.2b

Richard Pieris Exports

COSE:REXP.N0000

LK₨4.4b

ACL Plastics

COSE:APLA.N0000

LK₨2.0b

Price History & Performance

Summary of all time highs, changes and price drops for Dipped Products
Historical stock prices
Current Share Price	LK₨39.90
52 Week High	LK₨42.80
52 Week Low	LK₨25.60
Beta	1.14
11 Month Change	6.40%
3 Month Change	19.10%
1 Year Change	44.57%
33 Year Change	-16.35%
5 Year Change	380.14%
Change since IPO	2,613.90%

Recent updates

Shareholder Returns

	DIPD.N0000	LK Chemicals	LK Market
7D	-4.5%	-1.0%	-0.3%
1Y	44.6%	26.2%	19.1%

Return vs Industry: DIPD.N0000 exceeded the LK Chemicals industry which returned 26.2% over the past year.

Return vs Market: DIPD.N0000 exceeded the LK Market which returned 19.1% over the past year.

Price Volatility

Is DIPD.N0000's price volatile compared to industry and market?
DIPD.N0000 volatility
DIPD.N0000 Average Weekly Movement	4.3%
Chemicals Industry Average Movement	4.0%
Market Average Movement	4.3%
10% most volatile stocks in LK Market	6.5%
10% least volatile stocks in LK Market	3.0%

Stable Share Price: DIPD.N0000 has not had significant price volatility in the past 3 months compared to the LK market.

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

About the Company

Founded	Employees	CEO	Website
1976	17,584	Rathgama Handalage Janadheera	www.dplgroup.com

Dipped Products PLC, together with its subsidiaries, manufactures and markets industrial and general purpose rubber gloves in Sri Lanka, Asia, Africa, the Middle East, Australia, New Zealand, Europe, North America, and South America. It offers fabric supported and unsupported, disposable, electrician, sports, sleeves, household and industrial, examination, and medical gloves, as well as personal protective wear. The company also manufactures cotton and synthetic flocks; and markets and distributes household and professional cleaning equipment.

Dipped Products PLC Fundamentals Summary

How do Dipped Products's earnings and revenue compare to its market cap?
DIPD.N0000 fundamental statistics
Market cap	LK₨23.94b
Earnings (TTM)	LK₨4.61b
Revenue (TTM)	LK₨77.58b

5.2x

P/E Ratio

0.3x

P/S Ratio

Is DIPD.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DIPD.N0000 income statement (TTM)
Revenue	LK₨77.58b
Cost of Revenue	LK₨60.06b
Gross Profit	LK₨17.52b
Other Expenses	LK₨12.91b
Earnings	LK₨4.61b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	7.70
Gross Margin	22.58%
Net Profit Margin	5.94%
Debt/Equity Ratio	25.1%

How did DIPD.N0000 perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

6%

Payout Ratio

DIPD.N0000 Stock Overview

Rewards

Risk Analysis

Dipped Products PLC Competitors

COSE:HAYC.N0000

LK₨23.2b

COSE:LLUB.N0000

LK₨31.2b

COSE:REXP.N0000

LK₨4.4b

COSE:APLA.N0000

LK₨2.0b

Price History & Performance

Recent News & Updates

Second quarter 2025 earnings released: EPS: LK₨1.54 (vs LK₨1.46 in 2Q 2024)

First quarter dividend reduced to LK₨0.45

First quarter 2025 earnings released: EPS: LK₨1.11 (vs LK₨0.96 in 1Q 2024)

New minor risk - Share price stability

Fourth quarter dividend of LK₨0.25 announced

Dipped Products PLC, Annual General Meeting, Jun 27, 2024

Recent updates

Second quarter 2025 earnings released: EPS: LK₨1.54 (vs LK₨1.46 in 2Q 2024)

First quarter dividend reduced to LK₨0.45

First quarter 2025 earnings released: EPS: LK₨1.11 (vs LK₨0.96 in 1Q 2024)

New minor risk - Share price stability

Fourth quarter dividend of LK₨0.25 announced

Dipped Products PLC, Annual General Meeting, Jun 27, 2024

Full year 2024 earnings released: EPS: LK₨7.40 (vs LK₨10.87 in FY 2023)

Upcoming dividend of LK₨0.25 per share

Third quarter 2024 earnings released: EPS: LK₨1.18 (vs LK₨1.38 in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨1.46 (vs LK₨1.96 in 2Q 2023)

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: LK₨0.96 (vs LK₨6.19 in 1Q 2023)

Investor sentiment improves as stock rises 15%

Upcoming dividend of LK₨0.50 per share at 12% yield

Deputy MD & Executive Director recently bought LK₨2.3m worth of stock

Dipped Products PLC, Annual General Meeting, Jun 27, 2023

Full year 2023 earnings released: EPS: LK₨10.87 (vs LK₨8.99 in FY 2022)

Third quarter 2023 earnings released: EPS: LK₨1.38 (vs LK₨1.36 in 3Q 2022)

Upcoming dividend of LK₨1.00 per share

Non-Executive Director recently bought LK₨280k worth of stock

Dipped Products PLC Appoints Donna Brindhini Perera as Non-Executive Director

Upcoming dividend of LK₨1.25 per share

First quarter 2023 earnings released: EPS: LK₨6.18 (vs LK₨2.08 in 1Q 2022)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Deputy MD & Executive Director recently bought LK₨241k worth of stock

Upcoming dividend of LK₨0.15 per share

Investor sentiment improved over the past week

Dipped Products PLC Proposes Final Dividend

Executive Deputy Chairman recently bought LK₨14m worth of stock

Full year 2022 earnings released: EPS: LK₨8.99 (vs LK₨8.63 in FY 2021)

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of LK₨0.45 per share

Second quarter 2022 earnings released: EPS LK₨1.61 (vs LK₨2.19 in 2Q 2021)

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS LK₨2.08 (vs LK₨1.02 in 1Q 2021)

Key Executive recently bought LK₨3.0m worth of stock

Upcoming dividend of LK₨0.60 per share

Dipped Products PLC Proposes the Payment of Dividend for the Year Ended 31 March 2021

Full year 2021 earnings released: EPS LK₨8.63 (vs LK₨1.25 in FY 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Upcoming Dividend of LK₨1.00 Per Share

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS LK₨26.50 (vs LK₨5.15 in 3Q 2020)

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: LK₨401

Upcoming Dividend of LK₨9.00 Per Share

Executive Deputy Chairman recently bought LK₨46m worth of stock

Market pulls back on stock over the past week

New 90-day high: LK₨391

Second quarter 2021 earnings released: EPS LK₨21.88

New 90-day high: LK₨335

Market bids up stock over the past week