Commercial Development (COSE:COMD.N0000) - Stock Price, News & Analysis

COMD.N0000 Stock Overview

Provides property development and related ancillary services in Sri Lanka. More details

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

Rewards

Price-To-Earnings ratio (5.5x) is below the LK market (8.3x)

Pays a reliable dividend of 5.48%

Risk Analysis

Does not have a meaningful market cap (LKR2B)

Earnings have declined by 3.3% per year over past 5 years

Does not have meaningful revenue (LKR708M)

Large one-off items impacting financial results

Commercial Development Company PLC Competitors

Lee Hedges

COSE:SHAW.N0000

LK₨1.9b

Prime Lands Residencies

COSE:PLR.N0000

LK₨8.9b

Overseas Realty (Ceylon)

COSE:OSEA.N0000

LK₨23.1b

Seylan Developments

COSE:CSD.N0000

LK₨2.6b

Price History & Performance

Summary of all time highs, changes and price drops for Commercial Development
Historical stock prices
Current Share Price	LK₨127.75
52 Week High	LK₨140.00
52 Week Low	LK₨90.00
Beta	0.42
11 Month Change	4.71%
3 Month Change	10.37%
1 Year Change	15.87%
33 Year Change	-8.75%
5 Year Change	63.99%
Change since IPO	698.44%

Recent updates

Shareholder Returns

	COMD.N0000	LK Real Estate	LK Market
7D	-4.5%	2.6%	2.8%
1Y	15.9%	14.7%	19.2%

Return vs Industry: COMD.N0000 exceeded the LK Real Estate industry which returned 14.7% over the past year.

Return vs Market: COMD.N0000 underperformed the LK Market which returned 19.2% over the past year.

Price Volatility

Is COMD.N0000's price volatile compared to industry and market?
COMD.N0000 volatility
COMD.N0000 Average Weekly Movement	4.0%
Real Estate Industry Average Movement	5.8%
Market Average Movement	4.3%
10% most volatile stocks in LK Market	6.3%
10% least volatile stocks in LK Market	3.0%

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

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

About the Company

Founded	Employees	CEO	Website
1980	211	n/a	cdcplc.net

Commercial Development Company PLC provides property development and related ancillary services in Sri Lanka. It operates through Rent Income on Premise, Outsourcing Services, Vehicle Hiring Income, and Other Utility Services segments. The company offers manpower needs for various support services, including outsourcing of staff services; and motor vehicles hiring services.

Commercial Development Company PLC Fundamentals Summary

How do Commercial Development's earnings and revenue compare to its market cap?
COMD.N0000 fundamental statistics
Market cap	LK₨1.53b
Earnings (TTM)	LK₨278.50m
Revenue (TTM)	LK₨708.37m

5.5x

P/E Ratio

2.2x

P/S Ratio

Is COMD.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
COMD.N0000 income statement (TTM)
Revenue	LK₨708.37m
Cost of Revenue	LK₨441.56m
Gross Profit	LK₨266.81m
Other Expenses	-LK₨11.69m
Earnings	LK₨278.50m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	23.21
Gross Margin	37.67%
Net Profit Margin	39.32%
Debt/Equity Ratio	0%

How did COMD.N0000 perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

17%

Payout Ratio

Does COMD.N0000 pay a reliable dividends?

See COMD.N0000 dividend history and benchmarks

When do you need to buy COMD.N0000 by to receive an upcoming dividend?
Commercial Development dividend dates
Ex Dividend Date	Nov 19 2024
Dividend Pay Date	Dec 06 2024
Days until Ex dividend	0 days
Days until Dividend pay date	17 days

Does COMD.N0000 pay a reliable dividends?

See COMD.N0000 dividend history and benchmarks

COMD.N0000 Stock Overview

Rewards

Risk Analysis

Commercial Development Company PLC Competitors

COSE:SHAW.N0000

LK₨1.9b

COSE:PLR.N0000

LK₨8.9b

COSE:OSEA.N0000

LK₨23.1b

COSE:CSD.N0000

LK₨2.6b

Price History & Performance

Recent News & Updates

Commercial Development Company plc Announces Change in Chief Executive Officer

Upcoming dividend of LK₨3.00 per share

Third quarter 2024 earnings released: EPS: LK₨5.93 (vs LK₨6.69 in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨4.23 (vs LK₨5.64 in 2Q 2023)

First quarter 2024 earnings released: EPS: LK₨5.04 (vs LK₨4.17 in 1Q 2023)

Upcoming dividend of LK₨4.00 per share

Recent updates

Commercial Development Company plc Announces Change in Chief Executive Officer

Upcoming dividend of LK₨3.00 per share

Third quarter 2024 earnings released: EPS: LK₨5.93 (vs LK₨6.69 in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨4.23 (vs LK₨5.64 in 2Q 2023)

First quarter 2024 earnings released: EPS: LK₨5.04 (vs LK₨4.17 in 1Q 2023)

Upcoming dividend of LK₨4.00 per share

New minor risk - Share price stability

Full year 2023 earnings released: EPS: LK₨24.51 (vs LK₨18.70 in FY 2022)

Dividend of LK₨4.00 announced

Commercial Development Company PLC, Annual General Meeting, Mar 27, 2024

Upcoming dividend of LK₨3.00 per share at 6.3% yield

Third quarter 2023 earnings released: EPS: LK₨6.69 (vs LK₨6.03 in 3Q 2022)

Second quarter 2023 earnings released: EPS: LK₨5.64 (vs LK₨4.98 in 2Q 2022)

New minor risk - Share price stability

First quarter 2023 earnings released: EPS: LK₨4.17 (vs LK₨4.32 in 1Q 2022)

Upcoming dividend of LK₨4.00 per share at 6.5% yield

Full year 2022 earnings released: EPS: LK₨18.70 (vs LK₨33.46 in FY 2021)

Insufficient new directors

Third quarter 2022 earnings released: EPS: LK₨6.03 (vs LK₨5.77 in 3Q 2021)

Second quarter 2022 earnings released: EPS: LK₨4.98 (vs LK₨1.73 in 2Q 2021)

Commercial Development Company plc Announces Resignation of S. Renganathan as Managing Director

First quarter 2022 earnings released: EPS: LK₨4.32 (vs LK₨8.96 in 1Q 2021)

Insufficient new directors

Commercial Development Company PLC Appoints David Coughtrie as Managing Director at SDN

Investor sentiment deteriorated over the past week

Commercial Development Company PLC, Annual General Meeting, Mar 31, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of LK₨2.50 per share

Third quarter 2021 earnings released: EPS LK₨5.77 (vs LK₨3.21 in 3Q 2020)

Second quarter 2021 earnings released: EPS LK₨1.73 (vs LK₨3.07 in 2Q 2020)

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS LK₨8.96 (vs LK₨2.62 in 1Q 2020)

Upcoming dividend of LK₨3.50 per share

Commercial Development Company PLC, Annual General Meeting, Mar 31, 2021

Full year 2020 earnings released: EPS LK₨10.22 (vs LK₨30.27 in FY 2019)

Investor sentiment improved over the past week

New 90-day high: LK₨130

Investor sentiment improved over the past week

New 90-day high: LK₨117

New 90-day high: LK₨106

Third quarter 2020 earnings released: EPS LK₨3.21

New 90-day high: LK₨94.40

New 90-day high - LK₨78.50

First half earnings released

New 90-day high - LK₨78.30

Shareholder Returns

Price Volatility

About the Company

Commercial Development Company PLC Fundamentals Summary

5.5x

2.2x

Earnings & Revenue

Dividends

5.5%

17%