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

PAP.N0000 is good value based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (10x).

How does PAP.N0000's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?

PAP.N0000 is good value based on its Price-To-Earnings Ratio (9.2x) compared to the Asian Renewable Energy industry average (14.8x).

What is PAP.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 PAP.N0000's Price-To-Earnings Fair Ratio for valuation analysis.

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

PAP.N0000 (LKR5.6) is trading below our estimate of [[fair value]] (LKR35.77)

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.

PAP.N0000 Stock Overview

Engages in the generation and sale of electricity in Sri Lanka. More details

PAP.N0000 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	2/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 84.3% below our estimate of its fair value

Became profitable this year

Risk Analysis

Earnings have declined by 30.1% per year over past 5 years

Has a high level of debt

Dividend of 3.57% is not well covered by earnings

Does not have a meaningful market cap (LKR4B)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Panasian Power PLC Competitors

LVL Energy Fund

COSE:LVEF.N0000

LK₨4.4b

Resus Energy

COSE:HPWR.N0000

LK₨2.4b

LAUGFS Power

COSE:LPL.N0000

LK₨4.5b

Vallibel Power Erathna

COSE:VPEL.N0000

LK₨8.2b

Price History & Performance

Summary of share price highs, lows and changes for Panasian Power
Historical stock prices
Current Share Price	LK₨5.60
52 Week High	LK₨5.70
52 Week Low	LK₨3.00
Beta	0.30
1 Month Change	5.66%
3 Month Change	43.59%
1 Year Change	75.00%
3 Year Change	3.70%
5 Year Change	69.70%
Change since IPO	51.35%

Recent updates

Shareholder Returns

	PAP.N0000	LK Renewable Energy	LK Market
7D	3.7%	0.8%	3.8%
1Y	75.0%	41.6%	32.7%

Return vs Industry: PAP.N0000 exceeded the LK Renewable Energy industry which returned 39.7% over the past year.

Return vs Market: PAP.N0000 exceeded the LK Market which returned 31.8% over the past year.

Price Volatility

Is PAP.N0000's price volatile compared to industry and market?
PAP.N0000 volatility
PAP.N0000 Average Weekly Movement	6.5%
Renewable Energy Industry Average Movement	4.6%
Market Average Movement	4.5%
10% most volatile stocks in LK Market	7.3%
10% least volatile stocks in LK Market	2.9%

Stable Share Price: PAP.N0000's share price has been volatile over the past 3 months compared to the LK market.

Volatility Over Time: PAP.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
2002	74	Poddiwala Pathmanatha	panasianpower.com

Panasian Power PLC, together with its subsidiaries, engages in the generation and sale of electricity in Sri Lanka. It operates through Hydro Power; Solar Power; and Engineering, Procurement, and Construction segments. The company owns and operates the Rathganga mini hydropower project with an installed capacity of 3 megawatts (MW) located in Ratnapura; Manelwala mini hydropower project with an installed capacity of 2.4 MW at Walapane; and Padiyapelella mini hydropower project with an installed capacity of 3.5 MW at Padiyapelella.

Panasian Power PLC Fundamentals Summary

How do Panasian Power's earnings and revenue compare to its market cap?
PAP.N0000 fundamental statistics
Market cap	LK₨3.50b
Earnings (TTM)	LK₨380.65m
Revenue (TTM)	LK₨1.94b

9.2x

P/E Ratio

1.8x

P/S Ratio

Is PAP.N0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PAP.N0000 income statement (TTM)
Revenue	LK₨1.94b
Cost of Revenue	LK₨933.64m
Gross Profit	LK₨1.01b
Other Expenses	LK₨626.42m
Earnings	LK₨380.65m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.61
Gross Margin	51.89%
Net Profit Margin	19.61%
Debt/Equity Ratio	76.8%

How did PAP.N0000 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

0%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 08:03
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Panasian Power PLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

PAP.N0000 Stock Overview

Rewards

Risk Analysis

Panasian Power PLC Competitors

COSE:LVEF.N0000

LK₨4.4b

COSE:HPWR.N0000

LK₨2.4b

COSE:LPL.N0000

LK₨4.5b

COSE:VPEL.N0000

LK₨8.2b

Price History & Performance

Recent News & Updates

Second quarter 2025 earnings released: EPS: LK₨0.24 (vs LK₨0.15 loss in 2Q 2024)

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

First quarter 2025 earnings released: EPS: LK₨0.23 (vs LK₨0.06 loss in 1Q 2024)

Panasian Power PLC, Annual General Meeting, Jun 27, 2024

Upcoming dividend of LK₨0.20 per share

Recent updates

Second quarter 2025 earnings released: EPS: LK₨0.24 (vs LK₨0.15 loss in 2Q 2024)

Investor sentiment improves as stock rises 16%

New minor risk - Share price stability

First quarter 2025 earnings released: EPS: LK₨0.23 (vs LK₨0.06 loss in 1Q 2024)

Panasian Power PLC, Annual General Meeting, Jun 27, 2024

Upcoming dividend of LK₨0.20 per share

Third quarter 2024 earnings released: EPS: LK₨0.24 (vs LK₨0.054 loss in 3Q 2023)

New minor risk - Share price stability

First quarter 2024 earnings released: LK₨0.06 loss per share (vs LK₨0.06 profit in 1Q 2023)

High number of new directors

Full year 2023 earnings released: LK₨0.77 loss per share (vs LK₨0.34 loss in FY 2022)

Panasian Power PLC, Annual General Meeting, Jul 20, 2023

Third quarter 2023 earnings released: LK₨0.52 loss per share (vs LK₨0.23 profit in 3Q 2022)

Panasian Power plc Announces Retirement of Dr. Prathap Ramanujam, Non - Independent Non - Executive Director

Full year 2022 earnings released: LK₨0.34 loss per share (vs LK₨0.38 profit in FY 2021)

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Upcoming dividend of LK₨0.20 per share

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS LK₨0.08 (vs LK₨0.02 in 2Q 2021)

Full year 2021 earnings released: EPS LK₨0.38 (vs LK₨0.24 in FY 2020)

Non-Executive Director recently sold LK₨631m worth of stock

Non-Executive Director recently bought LK₨1.5m worth of stock

Non-Executive Director recently bought LK₨26m worth of stock

Non-Executive Director recently bought LK₨1.3m worth of stock

Non-Executive Director recently bought LK₨21m worth of stock

Non-Executive Director recently bought LK₨4.1m worth of stock

Non-Executive Director recently bought LK₨3.1m worth of stock

Non-Executive Director recently bought LK₨654k worth of stock

New 90-day low: LK₨3.70

Second quarter 2021 earnings released: EPS LK₨0.02

Market bids up stock over the past week

Non-Executive Director recently bought LK₨1.7m worth of stock

Market pulls back on stock over the past week

Non-Executive Director recently sold LK₨197m worth of stock

Market bids up stock over the past week

New 90-day high: LK₨4.10

Non-Executive Director recently sold LK₨44m worth of stock

New 90-day high: LK₨4.00

First quarter earnings released

New 90-day high - LK₨3.40

Shareholder Returns

Price Volatility

About the Company

Panasian Power PLC Fundamentals Summary

9.2x

1.8x

Earnings & Revenue

Dividends

3.6%

0%

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources