Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014

Sector
PER (X)=

BEVERAGE FOOD AND TOBACCO SECTOR

CODE
COMPANY
BAIRAHA FARMS PLC
CARGILLS (CEYLON) PLC
CEYLON BEVERAGE HOLDINGS
PLC
CEYLON TEA SERVICES PLC
CEYLON TOBACCO COMPANY
PLC
CONVENIENCE FOODS
(LANKA )PLC
DISTILLERIES COMPANY OF SRI
LANKA PLC
HARISCHANDRA MILLS PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
Jun. Qtr. 2013
(from 27th
(Proft)
Oct.)

Jun. Qtr. 2014 Growth (%)

(Profit)
QoQ

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

NAVS (Rs)

PBV (X)

12.35

115.08

1.15

0.00%

121,671,542

1.25

0.95%

N/A

54.08

2.92

147.87%

726,693,000

2.00

1.27%

PER(x)

BFL.N0000

BFL SL EQUITY Mar

131.80

-2.30%

52,179,222

42,704,952

-18.16%

16,000,000

10.68

CARG SL EQUITY Mar

158.00

3.61%

121,362,000

(145,333,000)

-219.75%

337,687,000 224,000,000

(2.60)

BREW.N0000 BREW SL EQUITY Mar

720.00

-0.69%

102,780,000

231,145,000

124.89%

527,508,000

20,988,090

44.05

16.34

175.39

4.11

238.77% 6,153,887,000

7.00

0.97%

CTEA.N0000

CTEA SL EQUITY Mar

705.10

0.01%

295,165,000

237,747,000

-19.45%

850,596,000

20,000,000

47.55

14.83

430.84

1.64

0.00% 3,244,309,000

22.50

3.19%

CTC.N0000

CTC SL EQUITY Dec

1,137.00

-0.01% 2,823,000,000 2,511,000,000

-11.05% 9,140,490,000

187,323,751

48.44

23.47

27.91

40.74

0.00% 8,633,000,000

24.00

2.11%

SOY.N0000 CONV SL EQUITY Mar

295.00

6.85%

35.82%

85,969,880

2,750,000

28.55

10.33

169.70

1.74

21,061,541

3.00

1.02%

DIST SL EQUITY Mar

210.00

1.40% 1,643,192,000 1,846,422,000

12.37% 6,121,813,000

300,000,000

24.62

8.53

185.47

1.13

2.23% 3,062,074,000

3.25

1.55%

HARI.N0000 HARI SL EQUITY Mar

117,317,935

959,800

138.36

15.61

1,077.49

2.00

0.00%

53,573,000

65.00

3.01%

(17,434,825)

66,428,660

(0.52)

N/A

7.56

1.48

85.55%

105,073,732

0.00%

27.09%

467,392

25,500,000

5.93

15.34

60.27

1.51

14.43%

22,593,000

2.00

2.20%

-4.15%

93,374,374

31,400,000

2.51

27.12

28.65

2.37

0.01%

78,076,000

0.00%

-124.00%

61,059,000

39,998,000

(2.05)

N/A

251.74

0.48

5.45%

32,679,000

0.00%

23.94% 3,304,744,000

53,725,463

77.38

26.95

57.16

36.48

0.00%

281,575,000

60.00

2.88%

2.97

1.04

8.07%

7,183,993

0.10

3.23%

DIST.N0000

14,449,579

19,625,096

2,160.00

-1.82%

24,519,000

33,200,000

HVA.N0000

HVA SL EQUITY Mar

11.20

0.00%

8,071,124

(8,573,371)

KEELLS FOOD PRODUCTS PLC

KFP.N0000

KFP SL EQUITY Mar

91.00

1.11%

29,758,000

37,818,000

LAMB.N0000 LAMB SL EQUITY Mar

35.41%
-206.22%

137,842,925

5.10

CARG.N0000

HVA FOODS PLC

KOTMALE HOLDINGS PLC

Annual Earnings
Annualized
FY2013 and No of Shares
EPS (Rs.)
FY2013/14

Sector

22.00 PBV (X)=

10.79%

68.00

1.04%

20,535,000

19,683,000

LANKA MILK FOODS (CWE) PLC

LMF.N0000

LMF SL EQUITY Mar

122.00

2.43%

85,588,000

(20,544,000)

NESTLE LANKA PLC

RAIGAM WAYAMBA SALTERNS
PLC
RENUKA AGRI FOODS PLC

NEST.N0000

NEST SL EQUITY Dec

2,085.20

-0.70%

787,315,000

975,771,000

RWSL.N0000 RWSL SL EQUITY Mar

3.10

0.00%

4,240,078

7,904,902

86.43%

45,531,714 282,207,320

0.11

27.67

RAL.N0000

RAL SL EQUITY Mar

4.00

5.26%

35,501,000

54,795,000

54.35%

116,784,000 561,750,000

0.39

10.25

3.37

1.19

7.34%

410,427,000

0.00%

RENUKA SHAW WALLACE PLC

COCO.N0000

COCO SL EQUITY Mar

21.70

3.83%

23,959,000

32,835,000

37.05%

240,818,000

94,545,146

1.39

15.62

25.83

0.84

16.54%

866,223,000

0.30

1.38%

RENUKA SHAW WALLACE PLC.X

COCO.X0000 COCOX SL EQUITY Mar

20.00

2.56%

23,959,000

32,835,000

37.05%

240,818,000

94,545,146

1.39

14.40

25.83

0.77

16.54%

866,223,000

0.30

1.50%

THE LION BREWERY CEYLON PLC

LION.N0000

LION SL EQUITY Mar

624.00

-0.16%

287,696,000

487,878,000

69.58% 1,343,254,000

80,000,000

24.39

25.58

92.75

6.73

112.02% 6,120,464,000

4.00

0.64%

THREE ACRE FARMS PLC

TAFL.N0000

TAFL SL EQUITY Dec

52.50

-6.08%

19,872,000

(15,853,000)

23,545,000

4.38

11.98

41.20

1.27

31.11%

0.00%

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)

CODE
COMPANY
CEYLON COLD STORES PLC
TEA SMALLHOLDER FACTORIES
PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

-179.78%

169,569,000

Annual Earnings
% Change
Sep. Qtr. 2013 Sep. Qtr. 2014 Growth (%)
Annualized
(from 27th
FY2013 and No of Shares
EPS (Rs.)
(Proft)
(Profit)
QoQ
Oct.)
FY2013/14

CCS.N0000

CCS SL EQUITY Mar

261.90

4.76%

152,993,000

307,291,000

TSML.N0000

TSML SL EQUITY Mar

50.00

0.00%

7,285,000

3,498,000

PER(x)

61,066,000

Cash & Cash

equivalents
(Sep 14)

Dividend
Per Share

Dividend
Yeild

100.85% 1,217,717,000

95,040,000

12.74

20.55

105.94

2.47

2.53%

200,476,000

6.00

2.29%

-51.98%

30,000,000

1.53

32.77

28.44

1.76

9.48%

2,107,000

1.00

2.00%

81,478,000

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014
Sector
PER (X)=

MANUFACTURING SECTOR
CODE
COMPANY
ABANS ELECTRICALS PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014 Growth (%)

(Profit)
QoQ

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14

Sector

20.80 PBV (X)=

PER(x)

2.50

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

ABAN.N0000

ABAN SL EQUI TY Mar

118.10

0.94%

28,760,306

12,754,699

-55.65%

93,480,747

5,110,560

9.98

11.83

127.10

0.93

51.01%

43,054,194

2.50

2.12%

ACL.N0000

ACL SL EQUI TY Mar

73.20

-2.40%

101,787,000

41,875,000

-58.86%

445,536,000

59,893,680

2.80

26.17

102.33

0.72

40.75%

737,603,000

1.00

1.37%

APLA.N0000

APLA SL EQUI TY Mar

129.00

-0.77%

10,952,000

17,260,000

57.60%

81,434,000

4,212,500

16.39

7.87

167.02

0.77

0.00%

12,107,000

2.00

1.55%

ACME.N0000

ACME SL EQUI TY Mar

13.10

7.38%

(23,176,000)

(25,923,000)

11.85%

(73,723,000)

(4.05)

N/A

14.17

0.92

263.36%

10,648,000

AGST.N0000

AGST SL EQUI TY Mar

4.70

-2.08%

101,620,000

42,100,000

-58.57%

42,878,126

325,000,000

0.52

9.07

6.45

0.73

52.58%

144,770,000

0.10

2.13%

AGST.X0000 AGSTX SL EQUI TY Mar

15.00

0.00%

101,620,000

42,100,000

-58.57%

42,878,126

325,000,000

0.52

28.95

6.45

2.33

52.58%

144,770,000

0.10

0.67%

BLUE SL EQUI TY Mar

2.00

0.00%

(6,868,000)

(12,023,000)

75.06%

(19,545,000) 256,670,691

(0.19)

N/A

1.05

1.90

0.00%

68,771,000

0.00%

BLUE.X0000 BLUEX SL EQUI TY Mar

0.80

0.00%

(6,868,000)

(12,023,000)

75.06%

(19,545,000) 256,670,691

(0.19)

N/A

1.05

0.76

0.00%

68,771,000

0.00%

Dec

30.00

3.81%

2,577,235

10,518,809

308.14%

24,757,262

47,316,452

1.72

17.46

5.02

5.97

85.18%

41,925,698

0.00%

CI ND SL EQUI TY Mar

76.00

-1.30%

10,480,000

13,321,000

27.11%

75,584,000

9,884,214

5.39

14.10

103.98

0.73

5.64%

2,559,000

Dec

43.10

0.47%

58,159,000

30,847,000

-46.96%

119,956,000

60,000,000

0.77

56.24

46.58

0.93

34.81%

121,247,000

0.00%

DPL.N0000

DPL SL EQUI TY Mar

15.70

1.29%

(9,065,000)

10,721,000

218.27%

(24,527,000)

72,245,742

0.59

26.45

14.26

1.10

121.08%

50,544,000

0.00%

DIPPED PRODUCTS PLC

DI PD.N0000

DI PD SL EQUI TY Mar

140.00

2.71%

413,876,000

230,658,000

-44.27%

795,078,000

59,861,512

15.41

9.08

123.43

1.13

22.97%

623,462,000

5.50

3.93%

KELANI CABLES PLC

KCAB.N0000

Mar

90.10

-4.56%

47,414,849

25,354,089

-46.53%

214,233,322

21,800,000

4.65

19.37

108.71

0.83

13.16%

503,351,868

1.50

1.66%

KELANI TYRES PLC

LANKA ALUMINIUM INDUSTRIES
PLC
LANKA CERAMIC PLC

TYRE.N0000

TYRE SL EQUI TY Mar

70.00

0.00%

148,606,000

141,191,000

-4.99%

658,781,000

80,400,000

7.02

9.97

30.26

2.31

0.21%

265,728,000

1.85

2.64%

LALU.N0000

LALU SL EQUI TY Mar

52.50

-4.55%

1,066,000

11,046,000

936.21%

35,189,000

13,702,823

3.22

16.28

44.93

1.17

31.26%

89,041,000

1.50

2.86%

CERA.N0000

CERA SL EQUI TY Mar

123.90

0.00%

(41,756,000)

85,390,000

304.50%

133,877,000

30,000,000

11.39

10.88

118.60

1.04

155.20%

204,456,000

2.75

2.22%

LANKA TILES PLC

TI LE.N0000

TI LE SL EQUI TY Mar

106.50

-1.39%

72,021,000

120,670,000

67.55%

652,056,000

53,050,410

9.10

11.71

67.15

1.59

0.00%

68,176,000

4.00

3.76%

LANKA WALLTILES PLC

LWL.N0000

LWL SL EQUI TY Mar

91.10

0.33%

(61,756,000)

132,219,000

314.10%

605,703,000

54,600,000

9.69

9.40

105.13

0.87

88.60%

174,698,000

2.50

2.74%

LAXAPANA BATTERIES PLC

LI TE.N0000

LI TE SL EQUI TY Mar

6.00

0.00%

3,992,000

-16.68%

10,499,605

39,000,000

0.41

14.65

3.86

1.55

30.62%

5,336,000

0.15

2.50%

ORIENT GARMENTS PLC

OGL.N0000

OGL SL EQUI TY Mar

16.00

-5.33%

(76,788,882)

(36,528,111)

-52.43%

(292,781,635)

54,916,656

(2.66)

N/A

11.95

1.34

167.13%

2,938,023

Mar

40.00

0.00%

43,536,000

62,382,000

43.29%

312,970,213

85,966,670

2.90

13.78

28.58

1.40

52.42%

167,248,000

0.90

2.25%

REG.N0000

REG SL EQUI TY Dec

82.50

1.73%

19,597,000

24,090,000

22.93%

107,845,221

11,267,863

10.27

8.03

77.38

1.07

11.94%

3,916,000

2.00

2.42%

REXP.N0000

REXP SL EQUI TY Mar

159.90

8.78%

71,402,000

103,094,000

44.39%

192,750,000

11,163,745

36.94

4.33

31.92

5.01

97.66%

211,793,000

5.15

3.22%

RCL.N0000

RCL SL EQUI TY Mar

111.50

-2.19%

(79,587,000)

161,057,000

302.37%

1,125,669,579

110,789,384

5.81

19.17

94.32

1.18

131.97%

297,494,000

1.00

0.90%

SI L.N0000

SI L SL EQUI TY Mar

116.10

-7.12%

22,736,000

561.31%

52,084,000

3,847,974

23.63

4.91

123.07

0.94

10.10%

135,659,000

2.00

1.72%

SIERRA CABLES PLC

SI RA.N0000

SI RA SL EQUI TY Mar

2.20

-4.35%

11,217,961

190.61%

(290,881,814) 537,512,430

0.08

26.35

2.56

0.86

35.39%

164,748,741

0.00%

ALUFAB PLC
SINGER INDUSTRIES (CEYLON)
PLC
SWADESHI INDUSTRIAL WORKS
PLC
SWISSTEK (CEYLON) PLC

ALUF.N0000

ALUF SL EQUI TY Mar

29.50

2.08%

N/A

21.20

1.39

0.00%

131,293,123

0.00%

Dec

236.00

14.12%

3,256,000

SWAD.N0000 SWAD SL EQUI TY Mar

19,000.00

0.00%

10,892,920

PARQ.N0000

PARQ SL EQUI TY Mar

32.50

16.07%

TJL.N0000

TJL SL EQUI TY Mar

20.30

4.64%

TKYO.N0000

TKYO SL EQUI TY Mar

62.00

TKYO.X0000 TKYOX SL EQUI TY Mar

45.00

ACL CABLES PLC

ACL PLASTICS PLC
ACME PRINTING & PACKAGING
PLC
AGSTAR FERTILIZERS PLC
AGSTAR FERTILIZERS PLC.X
BLUE DIAMONDS JEWELLERY
WORLDWIDE PLC
BLUE DIAMONDS JEWELLERY
WORLDWIDE PLC.X
BOGALA GRAPHITE LANKA PLC
CENTRAL INDUSTRIES PLC
CEYLON GRAIN ELEVATORS PLC
DANKOTUWA PORCELAIN PLC

PRINTCARE PLC
REGNIS(LANKA) PLC
RICHARD PIERIS EXPORTS PLC
ROYAL CERAMICS LANKA PLC
SAMSON INTERNATIONAL PLC

TEXTURED JERSEY LANKA PLC

TOKYO CEMENT COMPANY
(LANKA) PLC
TOKYO CEMENT COMPANY
(LANKA) PLC.X

BLUE.N0000

BOGA.N0000 BOGA SL EQUI TY

CI ND.N0000
GRAN.N0000

CARE.N0000

SI NI .N0000

GRAN SL EQUI TY

KCAB SL EQUI TY

CARE SL EQUI TY

SI NI SL EQUI TY

CODE
COMPANY
PIRAMAL GLASS CEYLON PLC
ALUMEX PLC
CHEVRON LUBRICANTS LANKA
PLC
HAYLEYS FIBRE PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

4,791,000

3,438,000
(12,380,863)

#DIV/0!

12,058,200

(1.53)

3.00

0.00%

3.95%

0.00%

-201.81%

13,373,549

3,846,300

0.99

237.38

235.96

1.00

0.00%

35,243,000

0.50

0.21%

1,428,072

-86.89%

13,176,915

130,666

43.72

434.62

1,019.41

18.64

221.91%

53,247,232

1.00

0.01%

20,963,000

1908.71%

108,992,000

27,372,000

3.06

10.61

26.15

1.24

35.54%

3,175,000

0.50

1.54%

240,224,000

143,412,000

-40.30%

1,152,772,000

660,752,465

0.87

23.38

9.86

2.06

0.00%

2,183,661,000

1.30

6.40%

6.90%

611,502,000

523,655,000

-14.37%

2,305,514,000

334,125,000

6.27

9.89

27.59

2.25

18.22%

195,808,000

1.50

2.42%

2.74%

611,502,000

523,655,000

-14.37%

2,305,514,000

334,125,000

6.27

7.18

27.59

1.63

18.22%

195,808,000

1.50

3.33%

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)

% Change
(from 27th
Oct.)

(1,159,000)

Sep. Qtr. 2013

(Proft)

(3,315,000)

(18,468,555)

25,613,280

Sep. Qtr. 2014 Growth (%)

(Profit)
QoQ

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14

PER(x)

Cash & Cash

equivalents
(Sep 14)

Dividend
Per Share

Dividend
Yeild

GLAS.N0000

PI RA SL EQUI TY Mar

4.80

4.35%

18,721,000

83,945,000

348.40%

183,507,291

950,086,080

0.36

13.41

3.54

1.36

61.18%

28,463,000

0.38

7.92%

ALUM.N0000

ALUM SL EQUI TY Mar

15.50

2.65%

116,483,000

136,113,000

16.85%

378,954,849

299,302,840

1.33

11.65

5.25

2.95

1.82%

158,768,000

0.33

2.13%

LLUB.N0000

LLUB SL EQUI TY Dec

345.00

2.56%

609,406,000

749,906,000

23.06%

2,531,900,393

120,000,000

24.32

14.19

49.57

6.96

0.00%

2,216,015,000

14.50

4.20%

HEXP.N0000

HEXP SL EQUI TY Mar

47.00

2.62%

6,402,000

4,563,000

-28.73%

24,677,000

8,000,000

1.80

26.16

57.65

0.82

37.11%

18,205,000

0.30

0.64%

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014

Sector
PER (X)=

HOTELS AND TRAVELS SECTOR

CODE
COMPANY
AITKEN SPENCE HOTEL
HOLDINGS PLC
AMAYA LEISURE PLC
ANILANA HOTELS AND
PROPERTIES LIMITED
BANSEI ROYAL RESORTS
HIKKADUWA PLC
BERUWALA RESORTS PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

ALHP SL EQUI TY Mar

5.90

-1.67%

BRR.N0000

BRR SL EQUI TY Mar

11.20

BERU.N0000

BERU SL EQUI TY Mar

BBH.N0000

Dividend
Per Share

Dividend
Yeild

24.98

44.99

1.88

45.67%

2,950,161,000

1.50

1.77%

(0.19)

N/A

54.72

1.49

70.10%

38,090,000

4.50

5.50%

(128,294,184)

(113,375,668)

-11.63%

383,684,400

(1.18)

N/A

7.78

0.76

57.57%

5,627,974

0.00%

-6.67%

(7,481,000)

(7,561,602)

1.08%

53,728,000

(0.56)

N/A

5.88

1.91

1.55%

137,265,044

0.00%

2.20

4.76%

(24,823,000)

(25,096,000)

1.10%

(25,619,702)

600,000,000

(0.17)

N/A

0.89

2.46

37.20%

5,568,000

0.00%

BBH SL EQUI TY Mar

27.80

1.09%

37,525,000

-83.50%

93,249,000

129,600,000

0.19

145.44

27.62

1.01

0.00%

4,060,000

0.00%

CHOT.N0000

CHOT SL EQUI TY Mar

25.50

2.00%

(88,942,000)

(39,945,000)

-55.09%

(41,112,037)

171,825,201

(0.93)

N/A

33.51

0.76

16.47%

48,801,000

0.00%

REEF.N0000

REEF SL EQUI TY Mar

18.80

4.44%

(24,161,000)

(26,278,000)

8.76%

(52,569,000)

96,477,156

(1.09)

N/A

29.22

0.64

89.57%

34,487,000

0.00%

STAF.N0000

STAF SL EQUI TY Mar

57.10

3.63%

(7,561,000)

307.39%

110,731,612

31,621,477

1.98

28.79

36.34

1.57

57.15%

93,721,000

1.00

1.75%

EDEN HOTEL LANKA PLC

EDEN.N0000

EDEN SL EQUI TY Mar

29.00

0.35%

(94,921,000)

30.97%

58,869,659

52,800,000

(9.42)

N/A

46.74

0.62

84.35%

128,963,000

0.32

1.10%

GALADARI HOTELS (LANKA) PLC

GHLL.N0000

GHLL SL EQUI TY Dec

15.60

1.96%

78,749,637

9,036,114

-88.53%

285,818,385

500,829,564

39.61

17.17

0.91

0.00%

21,850,007

HIKKADUWA BEACH RESORT PLC

CI TH.N0000

CI TH SL EQUI TY Mar

19.70

-0.51%

(1,617,605)

(5,792,347)

258.08%

90,636,554

57,573,897

N/A

16.37

1.20

56.57%

20,871,023

HDEV.N0000

HDEV SL EQUI TY Mar

94.80

0.00%

40,938,000

48,356,000

18.12%

189,021,000

2,046,645,686

1,003.09

6.59

14.39

0.00%

19,607,000

0.00%

HSI G.N0000

HSI G SL EQUI TY Mar

92.00

0.55%

(7,347,990)

(2,680,792)

-63.52%

27,589,039

5,859,000

(1.83)

N/A

44.69

2.06

0.00%

12,726,303

0.00%

Mar

66.10

0.76%

4,959,000

1,142,000

-76.97%

21,190,831

5,625,000

0.81

81.40

58.49

1.13

0.00%

9,315,000

1.00

1.51%

KHL.N0000

JKHL SL EQUI TY Mar

17.60

1.73%

(102,415,000)

128,628,000

225.59%

1,565,846,000

1,456,146,780

0.35

49.81

12.50

1.41

30.79%

667,120,000

0.25

1.42%

CI TK.N0000

CI TK SL EQUI TY Mar

5.50

3.77%

(38,303,503)

N/A

8.61

0.64

52.54%

594,031

KHC.N0000

KHC SL EQUI TY Mar

9.70

-2.02%

Mar

24.10

0.42%

(12,806,802)

MARA.N0000

MARA SL EQUI TY Mar

6.60

0.00%

PALM GARDEN HOTELS PLC

PEGASUS HOTELS OF CEYLON
PLC
RAMBODA FALLS PLC
ROYAL PALMS BEACH HOTELS
PLC
SERENDIB HOTELS PLC

PALM.N0000

PALM SL EQUI TY Mar

85.00

PEG.N0000

PEG SL EQUI TY Mar

RFL.N0000

HUNA.N0000 HUNA SL EQUI TY

6,193,000

15,681,000
(124,315,000)

(312,857,649)
2,139,159

3.39

Cash & Cash

equivalents
(Jun 14)

48,034,238

KALPITIYA BEACH RESORT PLC

KANDY HOTELS COMPANY
(1938) PLC
MAHAWELI REACH HOTELS PLC

ALHP.N0000

284,729,000

DEBT to
Equity (%)

336,290,010

JOHN KEELLS HOTELS PLC

40,293,000

PBV (X)

376,160,189

HUNAS FALLS HOTELS PLC

261,798,000

2.12%

NAVS (Rs)

2,340,934,000

HOTEL SIGIRIYA PLC

3.17%

81.80

PER(x)

8.76%

HOTEL DEVELOPERS (LANKA)

84.60

CONN SL EQUI TY Mar

Annualized
EPS (Rs.)

-105.52%

DOLPHIN HOTELS PLC

AHUN SL EQUI TY Mar

CONN.N0000

No of Shares

3.70

(2,226,000)

BROWNS BEACH HOTELS PLC

CEYLON HOTELS CORPORATION
PLC
CITRUS LEISURE PLC

AHUN.N0000

Jun. Qtr. 2014

(Profit)

Annual Earnings
Growth (%)
FY2013 and
QoQ
FY2013/14

Sector

50.90 PBV (X)=

0.39
(0.40)
0.09

0.12

0.61%

(29,370,552)

-23.32%

(142,710,671)

161,200,010

(0.73)

23,455,000

182.18%

145,267,723

577,500,000

0.16

59.71

10.62

0.91

0.00%

23,042,000

(12,850,078)

0.34%

44,546,739

47,066,447

(1.09)

N/A

20.12

1.20

14.45%

3,242,367

0.00%

(43,488,000)

(29,214,000)

-32.82%

13,528,819

122,500,000

(0.95)

N/A

7.15

0.92

50.77%

1,983,000

0.00%

-0.12%

(65,909,000)

(99,811,000)

51.44%

10,816,750

(36.91)

N/A

161.57

0.53

186.68%

130,956,000

0.00%

42.50

0.00%

(2,613,000)

RFL SL EQUI TY Mar

30.60

-0.97%

RPBH.N0000

RPBH SL EQUI TY Mar

41.00

-2.15%

(10,088,000)

SHOT.N0000

SHOT SL EQUI TY Mar

36.00

0.28%

SERENDIB HOTELS PLC.X

SHOT.X0000 SHOTX SL EQUI TY Mar

25.00

SIGIRIYA VILLAGE HOTELS PLC

SI GV.N0000

SI GV SL EQUI TY Mar

TAJ.N0000

MARAWILA RESORTS PLC

MRH.N0000

MRH SL EQUI TY

8,312,000

(162,362,000)

0.00%

0.20

2.06%

19,408,000

842.75%

66,556,000

30,391,538

2.55

16.64

45.97

0.92

1.02%

87,209,000

1,288,086

58.64%

15,608,435

20,000,000

0.26

118.78

13.05

2.35

10.47%

3,413,397

(17,493,000)

73.40%

97,402,000

50,000,000

(1.40)

N/A

33.90

1.21

1.80%

97,337,000

(32,453,000)

(13,837,000)

-57.36%

151,834,663

111,525,794

(0.50)

N/A

17.31

2.08

53.75%

225,308,000

0.00%

0.00%

(32,453,000)

(13,837,000)

-57.36%

151,834,663

111,525,794

(0.50)

N/A

17.31

1.44

0.00%

225,308,000

0.00%

68.60

5.54%

(13,227,000)

(3,144,000)

-76.23%

19,279,763

9,000,000

(1.40)

N/A

70.06

0.98

10.50%

3,358,000

TAJ SL EQUI TY Mar

34.70

2.06%

(106,921,000)

(84,696,000)

-20.79%

(529,982,000)

139,637,494

(2.43)

N/A

12.20

2.84

121.46%

75,385,000

TANG.N0000

TANG SL EQUI TY Mar

80.10

-5.76%

(6,947,000)

(17,344,000)

149.66%

144,903,000

20,000,000

(3.47)

N/A

127.33

0.63

0.95%

83,678,000

THE FORTRESS RESORTS PLC

RHTL.N0000

RHTL SL EQUI TY Mar

18.60

-2.11%

(3,407,000)

15,848,000

565.16%

176,888,419

110,886,684

0.57

32.54

11.10

1.68

1.89%

2,777,000

0.00%

THE KINGSBURY PLC

THE NUWARA ELIYA HOTELS
COMPANY PLC
TRANS ASIA HOTELS PLC
WASKADUWA BEACH RESORT
PLC

SERV.N0000

SERV SL EQUI TY Mar

17.80

1.14%

(105,238,000)

20,998,000

119.95%

32,721,000

242,000,000

0.35

51.29

6.99

2.55

137.11%

355,472,000

0.00%

NEH.N0000

NEH SL EQUI TY Mar

1,593.00

6.21%

36,175,000

41,066,000

13.52%

294,013,949

2,003,870

81.97

19.43

1,379.67

1.15

0.00%

376,171,000

22.50

1.41%

TRAN.N0000

TRAN SL EQUI TY Mar

99.90

4.17%

121,509,000

65,209,000

-46.33%

743,180,000

200,000,000

1.30

76.60

28.83

3.47

0.00%

60,113,000

3.50

3.50%

CI TW.N0000

CI TW SL EQUI TY Mar

7.70

-2.53%

189.92%

(10,856,028)

155,600,010

(0.10)

N/A

10.27

0.75

76.13%

9,386,939

Growth (%)
QoQ

Annual Earnings
FY2013 and
FY2013/14

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)

TAJ LANKA HOTELS PLC

TANGERINE BEACH HOTELS PLC

CODE
COMPANY
RENUKA CITY HOTEL PLC
THE LIGHTHOUSE HOTEL PLC
ASIAN HOTELS & PROPERTIES
PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

811,980

(1,285,470)

(3,726,856)

Sep. Qtr. 2013

(Proft)

Sep. Qtr. 2014

(Profit)

No of Shares

Annualized
EPS (Rs.)

PER(x)

Cash & Cash

equivalents
(Sep 14)

0.50

0.00%

1.18%
0.00%

0.80

2.00
0.50

Dividend
Per Share

1.95%

2.92%
0.00%
0.62%

0.00%

Dividend
Yeild

RENU.N0000

RENU SL EQUI TY Mar

340.00

-8.11%

98,541,000

87,895,000

-10.80%

291,547,000

7,000,000

42.67

7.97

604.64

0.56

0.00%

1,546,673,000

4.00

1.18%

LHL.N0000

LHL SL EQUI TY Mar

54.20

-12.44%

8,187,000

17,765,000

116.99%

122,319,393

46,000,000

1.03

52.84

51.35

1.06

9.87%

19,121,000

2.00

3.69%

AHPL.N0000

AHPL SL EQUI TY Mar

71.00

1.43%

567,117,000

437,875,000

-22.79%

2,397,946,000

442,775,300

3.50

20.28

49.23

1.44

0.00%

299,546,000

4.00

5.63%

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014

Sector
PER (X)=

LAND AND PROPERTY SECTOR

CODE
COMPANY
C T LAND DEVELOPMENT PLC
CITY HOUSING & REAL ESTATE
CO. PLC
COLOMBO LAND &
DEVELOPMENT COMPANY PLC
COMMERCIAL DEVELOPMENT
COMPANY PLC
EAST WEST PROPERTIES PLC
EQUITY ONE PLC
EQUITY TWO PLC
KELSEY DEVELOPMENTS PLC
ON'ALLY HOLDINGS PLC
PROPERTY DEVELOPMENT PLC
SERENDIB ENGINEERING GROUP
PLC
SERENDIB LAND PLC
SEYLAN DEVELOPMENTS PLC
YORK ARCADE HOLDINGS PLC

CSE

Bloomberg

FY

MILLENNIUM HOUSING
DEVELOPERS PLC
OVERSEAS REALTY (CEYLON) PLC
CARGO BOAT DEVELOPMENT
COMPANY PLC

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

Annual Earnings
Growth (%)
FY2013 and
QoQ
FY2013/14

No of Shares

Annualized
EPS (Rs.)

PER(x)

NAVS (Rs)

1.10
PBV (X)

DEBT to
Equi ty (%)

Cash & Cash

equi val ents
(Jun 14)

CTLD.N0000

CTLD SL EQUITY Mar

38.50

-1.28%

38,923,000

51,249,000

31.67%

309,394,000

48,750,000

4.21

9.16

58.49

0.66

0.00%

24,224,000

CHOU.N0000

CHOU SL EQUITY Mar

17.00

3.03%

(21,746,924)

(15,220,041)

-30.01%

9,640,888

13,379,850

(4.55)

N/A

10.79

1.58

28.85%

18,622,459

CLND.N0000

CLND SL EQUITY Dec

39.00

0.00%

6,811,000

(10,781,000)

-258.29%

61,604,000

199,881,008

(0.21)

N/A

13.69

2.85

35.28%

12,661,000

COMD.N0000 COMD SL EQUITY Dec

106.80

-0.19%

27,767,000

30,764,000

10.79%

151,397,000

12,000,000

8.75

12.21

110.86

0.96

0.48%

31,178,000

EAST SL EQUITY Mar

13.10

0.00%

7,134,073

1,712,629

-75.99%

138,240,000

0.05

264.35

11.55

1.13

29.28%

43,003,813

EAST.N0000

(14,703,263)

Di vi dend
Per Share
2.60

Di vi dend
Yei l d
6.75%

0.00%

0.00%

4.00
-

3.75%
0.00%

EQIT.N0000

EQIT SL EQUITY Mar

49.20

-4.28%

9,528,000

23,353,000

145.10%

183,733,000

40,321,730

2.32

21.24

46.61

1.06

0.00%

23,933,000

ETWO.N0000

ETWO SL EQUITY Mar

74.00

5.71%

2,954,000

13,719,000

364.42%

78,673,000

31,000,000

1.77

41.80

22.19

3.34

0.00%

6,550,000

0.00%

KDL.N0000

KDL SL EQUITY Mar

42.50

10.39%

(10,499,000)

3,568,000

133.98%

(41,125,357)

17,429,274

0.82

51.90

44.10

0.96

52.04%

112,510,000

0.00%

ONAL.N0000

ONAL SL EQUITY Mar

64.10

1.58%

19,810,000

21,789,000

9.99%

30,337,312

17,500,770

4.98

12.87

74.40

0.86

0.00%

22,075,000

1.10

1.72%

PDL.N0000

PDL SL EQUITY Dec

99.00

-1.00%

97,168,541

94,450,199

-2.80%

428,612,691

66,000,000

5.78

17.13

48.94

2.02

0.00%

14,203,020

3.00

3.03%

IDL.N0000

IDL SL EQUITY Mar

104.00

23.37%

5,694,406

2,825,083

-50.39%

9,964,949

6,476,650

1.74

59.61

31.78

3.27

0.00%

17,895,850

0.00%

SLND.N0000

SLND SL EQUITY Mar

1,100.00

10.00%

2,663,024

2,842,567

6.74%

10,061,431

360,000

31.58

34.83

666.00

1.65

0.00%

381,482

0.00%

CSD.N0000

CSD SL EQUITY Dec

15.00

23,639,000

19,417,000

-17.86%

18,413,692

147,964,860

0.66

22.63

28.62

0.52

0.00%

101,075,000

0.30

1,247,000

195.50%

6,292,082

12,000,000

0.42

42.10

13.26

1.32

0.00%

11,294,000

0.40

Sep. Qtr. 2014

(Profit)

Growth (%)
QoQ

YORK.N0000

YORK SL EQUITY Mar

CODE
COMPANY

MKT PRICE
04-Nov-14
(Rs.)

Sector

13.80 PBV (X)=

CSE

Bloomberg

FY

17.50
MKT PRICE
04-Nov-14
(Rs.)

2.04%
2.94%
% Change
(from 27th
Oct.)

422,000
Sep. Qtr. 2013
(Proft)

Annual Earnings
FY2013 and
FY2013/14

No of Shares

Annualized
EPS (Rs.)

PER(x)

NAVS (Rs)

PBV (X)

DEBT to
Equi ty (%)

Cash & Cash

equi val ents
(Sep 14)

0.35

Di vi dend
Per Share

0.71%

2.00%
2.29%
Di vi dend
Yei l d

MHDL.N0000

MHDL SL EQUITY Mar

5.60

-5.08%

55,585,000

3,053,000

-94.51%

127,081,452

134,681,320

(0.13)

N/A

4.56

1.23

11.03%

133,237,000

0.25

4.46%

OSEA.N0000

OSEA SL EQUITY Dec

27.00

5.06%

470,176,000

529,493,000

12.62%

2,436,907,865

843,484,359

2.25

12.01

29.76

0.91

8.42%

1,024,123,000

1.45

5.37%

CABO.N0000

CABO SL EQUITY Mar

140.00

6.06%

30,828,000

-257.25%

259,828,760

10,200,036

18.38

7.62

215.57

0.65

0.00%

482,170,000

2.50

1.79%

35.80

Sector
PBV (X)=

1.50
DEBT to
Equi ty (%)

Cash & Cash

equi val ents
(Jun 14)

(19,604,000)

Sector
PER (X)=

CHEMICALS AND PHARMACEUTICALS SECTOR

CODE
COMPANY
CHEMANEX PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Growth (%)
QoQ

No of Shares

282,067,000

Annualized
EPS (Rs.)

PER(x)

NAVS (Rs)

PBV (X)

Di vi dend
Per Share

Di vi dend
Yei l d

CHMX.N0000

CHMX SL EQUI TY Mar

84.00

1.08%

4,710,000

6929.85%

15,750,000

1.20

70.22

100.91

0.83

0.00%

392,427,000

1.00

1.19%

CIC HOLDINGS PLC

CI C.N0000

CI C SL EQUI TY Mar

84.90

5.47%

(83,750,000)

223,920,000

367.37%

(1,089,548,000)

94,770,000

9.45

8.98

72.69

1.17

169.39%

1,190,500,000

1.00

1.18%

CIC HOLDINGS PLC.X

INDUSTRIAL ASPHALTS (CEYLON)
PLC
J.L. MORISON SONS & JONES
(CEYLON) PLC
J.L. MORISON SONS & JONES
(CEYLON) PLC.X
LANKEM CEYLON PLC
MULLER AND PHIPPS (CEYLON)
PLC
STANDARD CAPITAL PLC - (Mar
Quarter)

CI C.X0000

CI CX SL EQUI TY Mar

65.20

-0.46%

(83,750,000)

223,920,000

367.37%

(1,089,548,000)

94,770,000

9.45

6.90

72.69

0.90

169.39%

1,190,500,000

1.00

1.53%

572,000

347,000

-39.34%

(376,066)

666,562

2.08

148.87

131.77

2.35

0.00%

648,000

3.00

0.97%

ASPH.N0000

ASPH SL EQUI TY

Mar

310.00

22.48%

MORI .N0000

MORI SL EQUI TY Mar

369.00

5.43%

29,410,000

13,110,000

-55.42%

210,754,213

7,550,780

6.94

53.13

283.98

1.30

2.88%

222,766,000

3.00

0.81%

MORI .X0000 MORI X SL EQUI TY Mar

263.60

14.11%

29,410,000

13,110,000

-55.42%

210,754,213

7,550,780

6.94

37.96

283.98

0.93

2.88%

222,766,000

3.00

1.14%

LCEY.N0000

LCEY SL EQUI TY Mar

117.00

0.86%

11.82%

(413,702,000)

N/A

138.68

0.84

244.13%

597,622,000

MULL.N0000

MULL SL EQUI TY Mar

1.70

0.00%

5,979,000

4,555,000

-23.82%

11,978,000

283,000,000

0.06

26.41

0.58

2.91

90.56%

16,471,000

SI NG.N0000

SI NG SL EQUI TY Mar

86.30

15.99%

(5,166,876)

(7,725,375)

49.52%

33,335,439

5,540,828

6.02

14.34

57.33

1.51

0.00%

5,672,908

Growth (%)
QoQ

Annual Earnings
FY2013 and
FY2013/14

No of Shares

CODE
COMPANY

67,000

Jun. Qtr. 2014

(Profit)

Annual Earnings
FY2013 and
FY2013/14

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

(186,135,000)

Sep. Qtr. 2013

(Proft)

(208,130,000)

Sep. Qtr. 2014

(Profit)

24,000,000

(34.69)

Annualized
EPS (Rs.)

PER(x)

NAVS (Rs)

PBV (X)

DEBT to
Equi ty (%)

Cash & Cash

equi val ents
(Sep 14)

0.05
-

Di vi dend
Per Share

0.00%
2.94%
0.00%

Di vi dend
Yei l d

UNION CHEMICALS LANKA PLC

UCAR.N0000

UCAR SL EQUI TY

Dec

476.00

0.00%

12,179,000

11,493,000

-5.63%

39,649,000

1,500,000

31.58

15.07

226.23

2.10

16.16%

1,060,000

7.00

1.47%

HAYCARB PLC

HAYC.N0000

HAYC SL EQUI TY Mar

182.00

-1.36%

227,963,000

130,430,000

-42.78%

787,780,000

29,712,375

17.58

10.36

173.49

1.05

53.95%

450,491,000

6.00

3.30%

PCP.N0000

PCP SL EQUI TY Mar

1.70

-5.56%

-89.41%

(198,253,799)

N/A

-127.22%

9,988,748

PC PHARMA PLC

(41,166,246)

(4,358,201)

101,000,020

(1.57)

N/A

(1.44)

0.00%

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014

Sector
PER (X)=

PLANTATIONS SECTOR
CODE
COMPANY
AGALAWATTE PLANTATIONS PLC
AITKEN SPENCE PLANTATION
MANAGEMENTS LIMITED
BALANGODA PLANTATIONS PLC
BOGAWANTALAWA TEA ESTATES
PLC
ELPITIYA PLANTATIONS PLC
HAPUGASTENNE PLANTATIONS
PLC
HORANA PLANTATIONS PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

Growth (%)
QoQ

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14

Sector

10.00 PBV (X)=

PER(x)

0.80

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend Per
Share

AGAL.N0000

AGAL SL EQUITY Dec

27.50

0.00%

(98,817,000)

6,096,000

106.17%

14,116,000

25,000,000

(4.12)

N/A

46.91

0.59

115.49%

14,042,000

ASPM.N0000

ASPM SL EQUITY Mar

45.50

0.00%

(3,936,772)

80,360,780

2141.29%

268,012,308

21,300,000

15.09

3.01

93.29

0.49

41.00%

43,644,831

2.00

4.40%

BALA.N0000

BALA SL EQUITY Dec

28.50

-6.56%

45,736,000

38,676,000

-15.44%

132,654,435

23,636,363

3.67

7.77

120.03

0.24

20.97%

37,565,000

1.00

3.51%

BOPL.N0000

BOPL SL EQUITY Mar

13.30

0.00%

(27,292,000)

31,553,000

215.61%

(28,609,240)

83,750,000

1.51

8.83

13.00

1.02

73.29%

70,811,000

ELPL.N0000

ELPL SL EQUITY Mar

26.30

0.38%

(13,610,000)

87,886,000

745.75%

373,876,670

72,866,428

4.82

5.45

41.12

0.64

27.19%

41,579,000

HAPU.N0000

HAPU SL EQUITY Dec

42.00

5.00%

67,519,000

81,388,000

20.54%

195,765,027

46,315,789

4.26

9.86

43.83

0.96

0.49%

10,301,000

HOPL.N0000

HOPL SL EQUITY Mar

26.00

0.00%

(43,847,000)

23,396,000

153.36%

137,237,000

25,000,000

3.74

6.95

55.15

0.47

47.19%

53,495,000

KAHAWATTE PLANTATIONS PLC

KAHA.N0000

KAHA SL EQUITY Dec

38.00

-3.55%

(70,408,000)

28,542,000

140.54%

116,748,000

79,889,805

1.42

26.72

14.38

2.64

47.75%

17,897,000

KEGALLE PLANTATIONS PLC

KGAL.N0000

KGAL SL EQUITY Mar

96.10

0.42%

89,821,000

42,724,000

-52.43%

429,612,000

25,000,000

6.84

14.06

139.08

0.69

75.60%

25,011,000

13.50

KOTA.N0000

KOTAGALA PLANTATIONS PLC

MADULSIMA PLANTATIONS PLC
MASKELIYA PLANTATIONS PLC
METROPOLITAN RESOURCE
HOLDINGS PLC
NAMUNUKULA PLANTATIONS
PLC
TALAWAKELLE TEA ESTATES PLC
UDAPUSSELLAWA PLANTATIONS
PLC

WATAWALA PLANTATIONS PLC

KELANI VALLEY PLANTATIONS PLC
MALWATTE VALLEY PLANTATIONS
PLC
MALWATTE VALLEY PLANTATIONS
PLC (X)

1.00

0.00%
2.85%
0.00%
3.85%
0.00%
14.05%

34.60

-3.89%

(91,696,000)

133.82%

(299,551,000)

40,000,000

N/A

71.25

0.49

108.87%

129,708,000

0.00%

16.90

-5.59%

(63,476,000)

60,484,000

195.29%

(219,627,990)

29,000,000

3.22

5.24

55.77

0.30

0.12%

2,136,000

0.00%

MASK SL EQUITY Mar

14.30

-5.30%

(84,479,000)

24,062,000

128.48%

(92,191,000)

53,953,489

1.78

8.02

26.57

0.54

77.96%

5,611,000

0.00%

MPRH.N0000 MPRH SL EQUITY Mar

30.00

-4.46%

(19,801,000)

23,647,000

219.42%

7,833,118

17,264,802

5.48

5.48

45.62

0.66

101.32%

80,693,000

1.58

5.27%

NAMU.N0000 NAMU SL EQUITY Mar

91.00

5.81%

46,625,000

52,734,000

13.10%

335,928,000

23,750,000

8.88

10.25

89.43

1.02

12.50%

6,082,000

10.50

11.54%

TPL.N0000

TPL SL EQUITY Dec

35.60

-1.39%

(3,021,000)

39,884,000

1420.23%

173,533,000

23,750,000

6.24

5.71

63.21

0.56

33.77%

8,182,000

3.00

8.43%

UDPL.N0000

UDPL SL EQUITY Dec

50.00

-5.48%

1,950,000

71,100,000

3546.15%

32,381,379

19,398,850

9.68

5.17

38.82

1.29

0.13%

3,527,000

NAVS (Rs)

PBV (X)

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Sep. Qtr. 2013

(Proft)

Sep. Qtr. 2014 Growth (%)

(Profit)
QoQ

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14

PER(x)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Sep 14)

Dividend Per
Share

0.00%

Dividend
Yeild

WATA.N0000 WATA SL EQUITY Mar

21.00

5.53%

110,416,000

31,217,000

-71.73%

497,194,000

236,666,670

2.22

9.48

18.43

1.14

9.70%

158,391,000

0.95

4.52%

KVAL.N0000

KVAL SL EQUITY Dec

73.00

-6.41%

33,846,000

(15,512,000)

-145.83%

384,134,000

34,000,000

0.29

249.93

78.30

0.93

26.84%

47,941,000

3.50

4.79%

MAL.N0000

MAL SL EQUITY Dec

4.80

-5.88%

93,261,000

10,019,000

-89.26%

402,096,865

223,042,991

0.68

7.06

12.85

0.37

24.61%

83,747,000

0.10

2.08%

MAL.X0000

MALX SL EQUITY Dec

4.60

0.00%

93,261,000

10,019,000

-89.26%

402,096,865

223,042,991

0.68

6.76

12.85

0.36

24.61%

83,747,000

0.10

2.17%

Sector
PER (X)=

CONSTRUCTION AND ENGINEERING SECTOR

CODE
COMPANY

0.75

KOTA SL EQUITY Mar

CODE
COMPANY

(21.44)

0.00%

MADU.N0000 MADU SL EQUITY Dec

MASK.N0000

(214,403,000)

Dividend
Yeild

CSE

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014 Growth (%)

(Profit)
QoQ

Annual Earnings
FY2013 and
FY2013/14

Annualized
EPS (Rs.)

PER(x)

NAVS (Rs)

PBV (X)

DEBT to
Equity
(%)

Cash & Cash

equivalents
(Jun 14)

Dividend Per
Share

Dividend
Yeild

AEL SL EQUITY Mar

32.00

3.56%

554,222,191

542,510,366

1,000,000,000

2.17

14.75

15.46

2.07

0.03% 1,237,027,215

0.75

2.34%

DOCK.N0000 DOCK SL EQUITY Dec

193.50

-1.23%

115,842,000

(51,653,000)

-144.59%

926,079,000

71,858,924

2.21

87.71

150.17

1.29

19.13% 1,936,300,000

4.00

2.07%

LANKEM DEVELOPMENTS PLC

LDEV.N0000 LDEV SL EQUITY Mar

7.90

1.28%

(66,453,000)

(12,266,000)

-81.54%

15,550,000

60,000,000

(0.82)

N/A

10.87

0.73

164.63%

66,426,000

0.00%

MTD WALKERS PLC

KAPI.N0000

58.50

6.56%

161,965,326

281,568,713

73.85%

505,138,805

114,357,140

9.85

5.94

43.73

1.34

51.48%

173,776,343

0.00%

KAPI SL EQUITY Mar

-2.11% 2,825,381,774

No of Shares

1.80

COLOMBO DOCKYARD PLC

ACCESS ENGINEERING PLC

AEL.N0000

Bloomberg

Sector

15.90 PBV (X)=

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014

Sector
PER (X)=

DIVERSIFIED HOLDINGS SECTOR

CODE
COMPANY

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)
746,859,000

SPEN.N0000

SPEN SL EQUI TY Mar

105.00

0.00%

666,942,000

BI L.N0000

BI L SL EQUI TY Mar

1.90

5.56%

(105,297,000)

C T HOLDINGS PLC

CTHR.N0000

CTHR SL EQUI TY Mar

152.00

0.33%

144,219,000

CARSON CUMBERBATCH PLC

CARS.N0000

CARS SL EQUI TY Mar

445.00

-0.89%

573,784,000

DUNAMIS CAPITAL PLC

CSEC.N0000

CSEC SL EQUI TY Mar

35.30

1.44%

EXPOLANKA HOLDINGS PLC

EXPO.N0000

EXPO SL EQUI TY Mar

9.70

-2.02%

F L C HOLDINGS PLC

FLCH.N0000

FLCH SL EQUI TY Mar

2.20

-4.35%

Dec

350.00

HAYL SL EQUI TY Mar

HHL.N0000 HEMS SL EQUI TY Mar

AITKEN SPENCE PLC

BROWNS INVESTMENTS PLC

FINLAYS COLOMBO PLC

HAYLEYS PLC
HEMAS HOLDINGS PLC
JOHN KEELLS HOLDINGS PLC
RICHARD PIERIS AND COMPANY
PLC
SOFTLOGIC HOLDINGS PLC
SUNSHINE HOLDINGS PLC
TAPROBANE HOLDINGS PLC
THE COLOMBO FORT LAND &
BUILDING PLC
VALLIBEL ONE PLC

JFI N.N0000
HAYL.N0000

JFI N SL EQUI TY

PCH HOLDINGS PLC

Annual Earnings
FY2013 and
FY2013/14

No of Shares

Annualized
EPS (Rs.)

NAVS (Rs)

2.00
PBV (X)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

11.98%

3,671,870,000

405,996,045

14.27

79.25

1.32

36.52%

4,752,142,000

(63,078,000)

-40.10%

46,421,000

1,860,000,000

(0.14)

N/A

5.70

0.33

54.77%

201,740,000

(164,468,000)

-214.04%

988,071,000

183,097,253

(3.59)

N/A

92.14

1.65

91.91%

1,437,325,000

3.30

2.17%

1,262,380,000

120.01%

3,737,335,000

196,386,914

25.71

17.31

231.62

1.92

138.02%

12,359,270,000

1.00

0.22%

18,313,000

103,816,000

466.90%

87,366,000

122,997,050

3.38

10.46

12.59

2.80

195.05%

248,783,000

1.00

2.83%

323,068,056

173,084,611

-46.42%

1,426,005,899

1,954,915,000

0.35

27.39

5.13

1.89

0.00%

1,926,515,840

0.33

3.40%

(32,949,000)

23,408,000

171.04%

25,619,000

1,368,000,000

0.07

32.14

4.71

0.47

20.64%

450,067,000

0.05

2.27%

0.00%

38,480,000

60,781,000

57.95%

291,858,000

35,000,000

8.15

42.94

163.18

2.14

0.00%

824,155,000

1.00

0.29%

344.00

0.85%

418,390,000

366,818,000

-12.33%

1,808,523,000

75,000,000

19.56

17.58

318.96

1.08

123.16%

2,662,074,000

5.00

1.45%

73.00

8.96%

276,708,000

246,742,000

-10.83%

2,409,276,000

515,290,620

1.92

38.11

28.05

2.60

37.79%

2,157,404,000

1.00

1.37%

7.36

2.00
-

1.90%
0.00%

JKH SL EQUI TY Mar

253.00

1.20%

1,586,397,000

2,146,264,000

35.29%

11,718,812,000

990,919,435

8.66

29.20

124.63

2.03

10.03%

4,386,137,000

3.50

1.38%

RI CH.N0000

RI CH SL EQUI TY Mar

9.00

-1.10%

220,212,000

452,760,000

105.60%

1,417,215,000

1,983,737,845

0.91

9.86

4.49

2.00

86.24%

5,328,040,000

0.45

5.00%

SHL.N0000

SHL SL EQUI TY Mar

16.60

10.67%

38,971,135

40,689,596

4.41%

155,863,629

779,000,000

0.21

79.45

8.97

1.85

244.00%

1,652,619,786

0.16

0.96%

SUN.N0000

SUN SL EQUI TY Mar

48.00

0.21%

65,390,730

138,156,694

111.28%

598,594,806

133,826,537

4.13

11.62

37.32

1.29

32.46%

1,510,758,649

0.95

1.98%

TAP.N0000

TAP SL EQUI TY Mar

4.80

2.13%

31,158,020

18,285,702

-41.31%

167,483,981

1,002,724,815

0.07

65.80

3.79

1.27

110.82%

897,799,833

0.00%

CFLB.N0000

CFLB SL EQUI TY Mar

31.50

0.96%

(60,305,000)

121.43%

(312,746,000)

(2.97)

N/A

42.14

0.75

114.01%

1,115,745,000

0.00%

VONE.N0000 VONE SL EQUI TY Mar

22.60

-1.31%

3.74

6.04

30.33

0.75

54.26%

4,338,226,000

CSE

Bloomberg

PCHH.N0000

FY

PCHH SL EQUI TY Mar

MKT PRICE
04-Nov-14
(Rs.)
2.60

% Change
(from 27th
Oct.)

-3.70%

(133,534,000)

231,043,000

1,016,237,000

339.85%

1,573,934,408

Sep. Qtr. 2013

(Proft)

Sep. Qtr. 2014

(Profit)

Growth (%)
QoQ

Annual Earnings
FY2013 and
FY2013/14

(560,562,264)

(257,198,797)

54.12%

(594,644,680)

180,000,000
1,086,559,353

No of Shares

Annualized
EPS (Rs.)

252,000,242

(2.54)

Sector
PER (X)=

HEALTH CARE SECTOR

CODE
COMPANY

PER(x)

Sector
PBV (X)=

JKH.N0000

CODE
COMPANY

Growth (%)
QoQ

22.90

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014 Growth (%)

(Profit)
QoQ

Annual Earnings
FY2013 and
FY2013/14

No of Shares

Annualized
EPS (Rs.)

PER(x)

N/A

NAVS (Rs)
0.85

Sector

21.60 PBV (X)=

PER(x)

PBV (X)

DEBT to
Equity (%)

3.04

163.12%

Cash & Cash

equivalents
(Sep 14)
10,293,593

0.40

Dividend
Per Share
-

1.77%

Dividend
Yeild
0.00%

3.00

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

NAWALOKA HOSPITALS PLC

NHL.N0000

NHL SL EQUITY Mar

3.40

0.00%

100,038,000

46,653,000

-53.36%

208,892,137

1,409,505,596

0.13

25.68

2.80

1.21

0.00%

64,039,000

0.06

1.76%

ASIRI HOSPITAL HOLDINGS PLC

ASIR.N0000

ASIR SL EQUITY Mar

23.90

5.75%

266,846,938

258,111,829

-3.27%

1,018,560,056

1,099,092,308

0.94

25.44

4.62

5.17

166.50%

238,802,832

0.55

2.30%

AMSL.N0000 AMSL SL EQUITY Mar

16.60

6.41%

111,424,077

82,840,908

-25.65%

479,437,521

528,457,545

0.63

26.47

5.87

2.83

15.55%

157,098,022

1.56

9.40%

CHL.N0000 CHLN SL EQUITY Mar

104.30

-6.04%

77,029,000

60,368,000

-21.63%

235,145,286

33,872,726

7.13

14.63

79.71

1.31

36.32%

130,091,000

2.00

1.92%

CHL.X0000

CHLX SL EQUITY Mar

82.00

2.50%

77,029,000

60,368,000

-21.63%

235,145,286

33,872,726

7.13

11.50

79.71

1.03

36.32%

130,091,000

2.00

2.44%

LHCL.N0000

LHCL SL EQUITY Dec

50.50

-0.79%

167,531,815

67,476,120

-59.72%

676,771,122

223,732,169

1.89

26.71

19.03

2.65

0.00%

971,972,038

1.50

2.97%

ASIRI SURGICAL HOSPITAL PLC

CEYLON HOSPITALS PLC
(DURDANS)
CEYLON HOSPITALS PLC
(DURDANS).X
THE LANKA HOSPITAL
CORPORATION PLC

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014
Sector
PER (X)=

INVESTMENT TRUSTS SECTOR

CODE
COMPANY
ASCOT HOLDINGS PLC
CEYLON GUARDIAN INVESTMENT
TRUST PLC
CEYLON INVESTMENT PLC
COLOMBO FORT INVESTMENTS
PLC
COLOMBO INVESTMENT TRUST
PLC
GUARDIAN CAPITAL PARTNERS
PLC
LANKA CENTURY INVESTMENTS
PLC
LEE HEDGES PLC

CSE

FY

Bloomberg

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014 Growth (%)

(Profit)
QoQ

ASCO SL EQUITY

Mar

90.00

-2.17%

GUAR.N0000 GUAR SL EQUITY

Mar

200.00

0.50%

252,346,000

536,653,000
350,592,000

ASCO.N0000

(5,632,000)

(3,580,000)

CINV.N0000

CINV SL EQUITY

Mar

101.00

1.00%

177,904,000

CFI.N0000

CFI SL EQUITY

Mar

112.90

-4.32%

28,616,000

(4,557,000)

CIT.N0000

CIT SL EQUITY

Mar

143.00

-8.92%

50,410,000

WAPO.N0000 WAPO SL EQUITY

Mar

46.00

2.45%

GREG.N0000 GREG SL EQUITY

Mar

16.20

SHAW.N0000 SHAW SL EQUITY

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14

Sector

15.80 PBV (X)=

PER(x)

1.30

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)
79.36%

Cash & Cash

equivalents
(Jun 14)

Dividend
Yeild

17,914,000

7,985,505

(1.79)

N/A

69.78

1.29

0.00%

112.67% 1,713,703,000

82,096,719

26.15

7.65

264.37

0.76

0.00% 3,168,272,000

5.00

2.50%

-36.43%

5,204,000

Dividend
Per Share

97.07% 1,153,993,000

98,514,874

14.24

7.10

126.82

0.80

0.00%

672,842,000

2.50

2.48%

-115.92%

6,528,000

6,500,000

(2.80)

N/A

194.52

0.58

0.00%

4,449,000

1.00

0.89%

31,953,000

-36.61%

(9,791,000)

6,500,000

19.66

7.27

217.03

0.66

0.00%

8,323,000

1.00

0.70%

(1,009,000)

127,443,000

12730.62%

15,460,000

25,833,808

19.73

2.33

25.75

1.79

0.00%

362,234,000

0.50

1.09%

1.25%

13,455,000

55,885,000

315.35%

(294,001,000) 349,367,119

0.64

25.32

22.23

0.73

29.53%

889,896,000

0.00%

227.31% 1,173,949,000

Mar

440.00

12.82%

17,495,000

57,263,000

5,120,546

44.73

N/A

669.51

0.66

0.00%

486,365,000

23.00

5.23%

RENUKA HOLDINGS PLC

RHL.N0000

RHL SL EQUITY

Mar

34.70

4.20%

38,015,000

49,958,000

31.42%

241,534,000

50,945,728

3.92

8.85

47.28

0.73

36.10%

928,399,000

0.00%

RENUKA HOLDINGS PLC.X

RHL.X0000

RHLX SL EQUITY

Mar

29.90

12.83%

38,015,000

49,958,000

31.42%

241,534,000

50,945,728

3.92

7.62

47.28

0.63

36.10%

928,399,000

0.00%

Sector
Sector
136.60 PBV (X)=
PER (X)=

FOOTWEAR AND TEXTILE SECTOR

CODE
COMPANY
CEYLON LEATHER PRODUCTS PLC
HAYLEYS MGT KNITTING MILLS
PLC
ODEL PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014 Growth (%)

(Profit)
QoQ

CLPL.N0000 CLPL SL EQUITY Mar

99.20

-0.30%

40,996,000

50,687,000

23.64%

MGT.N0000 MGT SL EQUITY Mar

18.40

5.14%

(92,332,000)

4,709,000

105.10%

ODEL.N0000 ODEL SL EQUITY Mar

25.30

10.00%

65,817,082

4,065,878

-93.82%

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14
135,687,000

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014 Growth (%)

(Profit)
QoQ

E-CHANNELLING PLC

ECL.N0000 ECL SL EQUITY

Mar

14.10

0.00%

15,638,625

28,173,357

80.15%

PC HOUSE PLC- Mar quarter

PCH.N0000 PCH SL EQUITY

Mar

0.20

-33.33%

(395,035,700)

(169,464,802)

-57.10%

PBV (X)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

5.92

16.75

91.23

1.09

41.19%

508,774,000

1.00

1.01%

(183,366,000) 152,343,318

0.12

148.82

9.27

1.98

16.29%

190,721,000

0.00%

192,553,363

0.06

423.33

19.07

1.33

25.05%

52,355,952

0.24

0.95%

Sector
PBV (X)=

1.60

PER(x)

NAVS (Rs)

PBV (X)

15.28

0.30

47.27

0.00%

53,166,048

N/A

1.02

0.20

406.38%

13,534,377

272,129,431

Sector
PER (X)=

CODE

NAVS (Rs)

34,233,774

INFORMATION TECHNOLOGY SECTOR

COMPANY

PER(x)

1.50

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14
52,427,965

122,131,415

(869,748,383) 343,400,001

0.92
(2.53)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share
0.85
-

Dividend
Yeild
6.03%
0.00%

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014

Sector
PER (X)=

POWER & ENERGY SECTOR

CODE
COMPANY
F L C HYDRO POWER PLC
HEMAS POWER PLC
LANKA IOC PLC
LAUGFS GAS PLC
LAUGFS GAS PLC.X

CSE

FY

Bloomberg

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

HPFL SL EQUITY Mar

6.40

4.92%

9,802,193

(11,177,685)

-214.03%

17.60
54.60
41.20

0.57%
12.58%
3.00%

101,931,452
1,349,620,000
291,011,263

(68,890,970)
1,202,248,000
306,580,952

-167.59%

LGL.N0000

Mar
LIOC SL EQUITY Mar
LGL SL EQUITY Mar

HPFL.N0000

HPWR.N0000 HPWR SL EQUITY

LIOC.N0000
LGL.X0000

LGLX SL EQUITY Mar

35.70

-1.11%

291,011,263

MACKWOODS ENERGY PLC

MEL.N0000

MEL SL EQUITY Mar

7.00

0.00%

5,682,774

PANASIAN POWER PLC

PAP.N0000

PAP SL EQUITY Mar

2.70

0.00%

62,495,831

CODE
COMPANY
VALLIBEL POWER ERATHNA PLC
VIDULLANKA PLC

Jun. Qtr. 2014 Growth (%)

(Profit)
QoQ

CSE

FY

Bloomberg

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

306,580,952
(6,071,422)
20,645,853

Sep. Qtr. 2013

(Proft)

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

109,088,112

(0.41)

N/A

6.85

0.93

12.55%

125,200,002
532,529,905
387,000,086

(2.20)
9.03
3.17

N/A
6.05
13.00

19.52
34.26
17.48

0.90
1.59
2.36

6.30%
44,514,798
35.59% 6,407,767,000
25.00%
564,369,833

0.75
2.00
2.00

4.26%
3.66%
4.85%

11.27

17.48

2.04

25.00%

564,369,833

2.00

5.60%

N/A

7.31

0.96

0.00%

4,028,089

0.10

1.43%

16.35

2.12

1.27

0.29%

35,588,386

NAVS (Rs)

PBV (X)

5.35%

1,309,361,641

387,000,086

3.17

22,467,100

100,000,000

(0.24)

-66.96%

143,988,687

500,000,000

0.17

Sep. Qtr. 2014 Growth (%)

(Profit)
QoQ

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14

PER(x)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Sep 14)

Dividend
Yeild

5,461,052

-206.84%

2,938,037

Dividend
Per Share

Dividend
Per Share

0.00%

0.00%

Dividend
Yeild

VPEL.N0000

VPEL SL EQUITY Mar

6.90

-1.43%

255,258,367

325,860,910

27.66%

632,946,940

747,109,731

1.54

4.48

3.50

1.97

32.77%

9,878,976

0.50

7.25%

VLL.N0000

VLL SL EQUITY Mar

5.70

3.64%

71,960,913

138,277,575

92.16%

163,711,600

477,269,193

0.74

7.70

2.73

2.09

33.32%

36,870,822

0.08

1.32%

Sector
PER (X)=
CODE

C M HOLDINGS PLC
DIESEL & MOTOR ENGINEERING
PLC

PER(x)

1.80

316,571,367
-10.92% 4,813,360,993
5.35% 1,309,361,641

MOTORS SECTOR
COMPANY

Sector

7.90 PBV (X)=

CSE
COLO.N0000

MKT PRICE
04-Nov-14
(Rs.)

FY

Bloomberg

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

Growth (%)
QoQ

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14

Sector

11.20 PBV (X)=

PER(x)

1.40

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

COLO SL EQUITY Mar

126.50

-1.09%

38,958,000

73,503,000

88.67%

149,109,183

15,200,000

19.34

6.54

227.97

0.55

10.50%

286,700,000

3.00

2.37%

DIMO.N0000 DIMO SL EQUITY Mar

680.00

4.12%

28,900,000

30,236,000

4.62%

393,541,000

8,876,437

13.63

49.91

885.41

0.77

70.49%

1,180,361,000

10.00

1.47%
0.31%

LANKA ASHOK LEYLAND PLC

ASHO.N0000

ASHO SL EQUITY Mar

1,600.00

6.67%

25,255,979

14,718,006

-41.72%

164,556,091

3,620,843

16.26

98.41

673.47

2.38

55.92%

27,327,655

5.00

SATHOSA MOTORS PLC

SMOT.N0000

SMOT SL EQUITY Mar

249.10

-2.12%

48,908,000

36,313,000

-25.75%

283,594,000

6,033,622

24.07

10.35

171.58

1.45

0.00%

195,842,000

5.00

2.01%

UML.N0000

UML SL EQUITY Mar

106.50

-0.28%

610,441,000

192,623,000

-68.45%

1,607,721,000

100,900,626

7.64

13.95

82.32

1.29

13.68%

212,445,000

12.00

11.27%

Sep. Qtr. 2013

(Proft)

Sep. Qtr. 2014

(Profit)

Growth (%)
QoQ

NAVS (Rs)

PBV (X)

3,984,000

8,955,000

124.77%

UNITED MOTORS LANKA PLC

CODE
COMPANY
THE AUTODROME PLC

CSE
AUTO.N0000

MKT PRICE
04-Nov-14
(Rs.)

FY

Bloomberg

AUTO SL EQUITY Mar

% Change
(from 27th
Oct.)

890.00

-1.11%

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14
30,659,000

1,200,000

TELECOMMUNICATIONS SECTOR
CODE
COMPANY

CSE

Bloomberg

DIALOG AXIATA PLC

DIAL.N0000 DIAL SL EQUITY

SRI LANKA TELECOM PLC

SLTL.N0000

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

Growth (%)
QoQ

Annual Earnings
FY2013 and
FY2013/14

No of Shares

PER(x)

30.53

29.15

790.96

1.13

Sector
PER (X)=

19.50

Sector
PBV (X)=

1.80

Annualized
EPS (Rs.)

PER(x)

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)
0.01%

DEBT to
Equity (%)

Cash & Cash

equivalents
(Sep 14)
56,119,000

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share
6.00

Dividend
Per Share

Dividend
Yeild
0.67%

Dividend
Yeild

Dec

12.10

-0.82%

957,790,000

1,720,295,000

79.61%

5,201,030,000

8,143,778,405

0.74

16.43

4.95

2.45

71.46%

4,935,812,000

0.29

2.40%

SLTL SL EQUITY Dec

50.00

0.00%

1,145,000,000

2,345,000,000

104.80%

5,419,000,000

1,804,860,000

3.18

15.73

33.91

1.47

37.51%

4,282,000,000

0.85

1.70%

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014
Sector
PER (X)=

TRADING SECTOR
CODE
COMPANY
BROWN & COMPANY PLC

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

Growth (%)
QoQ

Annual Earnings
Annualized
FY2013 and
No of Shares
EPS (Rs.)
FY2013/14

Sector

12.00 PBV (X)=

PER(x)

0.80

NAVS (Rs)

PBV (X)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

BRWN.N0000 BRWN SL EQUITY Mar

110.00

1.95%

557,398,000

128,965,000

-76.86%

1,706,886,000

70,875,000

7.28

15.11

199.57

0.55

50.36%

491,545,000

2.65

2.41%

CWM.N0000

CWM SL EQUITY Mar

60.90

-4.84%

38,976,000

29,906,000

-23.27%

208,316,000

35,988,556

3.32

18.32

46.86

1.30

19.23%

62,043,000

3.00

4.93%

CFT.N0000

CFT SL EQUITY Mar

8.50

7.59%

6,445,137

7,077,130

9.81%

73,654,952

140,196,000

0.20

42.10

6.89

1.23

18.81%

9,131,221

0.05

0.59%

EASTERN MERCHANTS PLC

EMER.N0000

EMER SL EQUITY Mar

7.30

4.29%

(8,363,000)

(21,838,000)

N/A

8.58

0.85

8.62%

2,409,000

OFFICE EQUIPMENT PLC

RADIANT GEMS INTERNATIONAL
PLC
SINGER SRI LANKA PLC

OFEQ.N0000

OFEQ SL EQUITY Mar

2,300.00

-11.20%

2,816,688

1,486,612

-47.22%

4,455,120

83,356

32.24

551.02

4.17

0.00%

19,373,818

RGEM.N0000 RGEM SL EQUITY Mar

58.00

-3.17%

(3,244,884)

(2,480,630)

-23.55%

4,333,577

2,400,000

N/A

7.97

7.28

0.00%

56,297

-10.32%

462,092,642

125,209,610

C. W. MACKIE PLC
CEYLON & FOREIGN TRADES PLC

130,289,000

116,849,000

161.13%

(26,983,000) 117,446,000

(0.74)
71.34
(4.13)

1.41%

0.00%

SINS.N0000

SINS SL EQUITY Dec

108.10

1.03%

23.49

39.12

2.76

TESS.N0000

TESS SL EQUITY Mar

1.60

-5.88%

(5,599,629)

(6,971,240)

24.49%

(9,781,333) 320,000,000

(0.09)

N/A

1.17

1.36

63.60%

31,100,001

0.00%

TESS AGRO PLC.X

TESS.X0000

#N/A Mar

1.40

0.00%

(5,599,629)

(6,971,240)

24.49%

(9,781,333) 320,000,000

(0.09)

N/A

1.17

1.19

63.60%

31,100,001

0.00%

Sector
PER (X)=

SERVICES SECTOR
CODE
CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

25,788,879

32,726,262

26.90%

114,574,133

260,000,000

0.50

888,875

-7277.03%

4,479,090

35,010

101.56

14,979,601

1.20%

56,200,189

114,000,000

0.53

ASIA SIYAKA COMMODITIES PLC

ASI Y.N0000

ASI Y SL EQUI TY

Mar

3.40

-2.86%

CEYLON PRINTERS PLC

CPRT.N0000

CPRT SL EQUI TY

Mar

2,499.90

0.00%

CEYLON TEA BROKERS PLC

CTBL.N0000

CTBL SL EQUI TY

Mar

5.10

2.00%

14,801,986

KZOO.N0000 KZOO SL EQUI TY

Mar

1,000.10

-1.95%

517,309
2,360,000

KALAMAZOO SYSTEMS PLC

LAKE HOUSE PRINTERS AND
PUBLISHERS PLC
MERCANTILE SHIPPING
COMPANY PLC
PARAGON CEYLON PLC

LPRT.N0000

LPRT SL EQUI TY

Mar

124.90

-2.88%

MSL.N0000

MSL SL EQUI TY

Mar

125.00

-8.76%

PARA.N0000 PARA SL EQUI TY

Mar

650.00

0.00%

CODE
COMPANY
JOHN KEELLS PLC

CSE

Bloomberg

JKL.N0000

JKL SL EQUI TY

FY
Mar

MKT PRICE
04-Nov-14
(Rs.)
92.00

% Change
(from 27th
Oct.)

2.22%

Annual Earnings
Growth (%)
FY2013 and
QoQ
FY2013/14

(12,385)

(44,464,047)
357,544

Sep. Qtr. 2013

(Proft)
29,703,000

(184,019)
6,266,000
(29,148,458)
46,560

-135.57%
165.51%
-34.44%
-86.98%

Sep. Qtr. 2014 Growth (%)

(Profit)
QoQ
88,739,000

198.75%

(2,193,473)
19,980,000
(168,828,839)
241,629

Annual Earnings
FY2013 and
FY2013/14
215,473,000

No of Shares

50,000
2,937,245
2,844,990
100,028

No of Shares
60,800,000

CODE
CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

COLOMBO CITY HOLDINGS PLC

PHAR.N0000

PHAR SL EQUI TY Mar

675.00

-3.16%

E B CREASY & COMPANY PLC

EBCR.N0000

EBCR SL EQUI TY Mar

963.30

-7.81%

GESTETNER OF CEYLON PLC

GEST.N0000

GEST SL EQUI TY Mar

158.00

2.00%

HUNT.N0000 HUNT SL EQUI TY Mar

400.00

0.00%

HUNTERS & COMPANY PLC

(14.72)
8.53
(40.98)
1.86

Annualized
EPS (Rs.)

5.15

Sector
PER (X)=

STORES SUPPLIES SECTOR

COMPANY

Annualized
EPS (Rs.)

Jun. Qtr. 2013

(Proft)
1,551,396
(51,278,000)
2,982,872
(18,253,977)

Jun. Qtr. 2014

(Profit)
719,407
(86,167,000)
5,170,079
(35,473,102)

Annual Earnings
Growth (%)
Annualized
FY2013 and
No of Shares
EPS (Rs.)
QoQ
FY2013/14
-53.63%

(253,027)

1,272,857

68.04%

(57,247,000)

2,535,458

73.33%

40,718,931

2,278,125

94.33%

3,800,166

5,145,000

2.26
(135.94)
9.08
(27.58)

Sector

25.10 PBV (X)=

225.91% 1,234,603,000

0.00%

32.50

TESS AGRO PLC

COMPANY

4.60

2.50

2.31%

2.10
DEBT to
Equi ty (%)

Cash & Cash

equi val ents
(Jun 14)

Di vi dend
Per Share

Di vi dend
Yei l d

NAVS (Rs)

PBV (X)

6.75

2.81

1.21

119.83%

243,781,409

0.38

11.18%

24.62

448.84

5.57

8.57%

809,828

11.00

0.44%

9.70

1.77

2.89

235.77%

24,651,304

0.25

4.90%

N/A

596.01

1.68

4.21%

1,249,800

14.64

96.00

1.30

6.74%

32,251,000

(13.02)

N/A

N/A

65,602,157

64.05

10.15

0.00%

76,758

NAVS (Rs)

PBV (X)

53.06

1.73

PER(x)

N/A
349.11

PER(x)

17.88

DEBT to
Equi ty (%)
31.00%

Cash & Cash

equi val ents
(Sep 14)
510,143,000

1.00
0.50

Di vi dend
Per Share
3.40

0.00%
0.80%
0.00%
0.08%

Di vi dend
Yei l d
3.70%

Sector
PBV (X)=

1.80

NAVS (Rs)

PBV (X)

298.57

772.43

0.87

10.07%

385,269

0.00%

N/A

1,177.14

0.82

350.75%

702,301,000

12.50

1.30%

17.41

56.14

2.81

0.00%

46,275,707

5.00

3.16%

N/A

965.07

0.41

4.00%

29,235,521

20.10

PER(x)

DEBT to
Equity (%)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

0.00%

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014

Sector
PER (X)=

BANK FINANCE AND INSURANCE SECTOR

CODE

FY

COMPANY
CSE

Bloomberg

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

Growth (%)
QoQ

Annual Earnings
FY2013 and
FY2013/14

No of Shares

Annualized
EPS (Rs.)

13.40
PER(x)

Sector
PBV (X)=
NAVS (Rs)

1.70
PBV (X)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

Insurance Companies
A I A INSURANCE LANKA PLC
AMANA TAKAFUL PLC

CTCE.N0000
ATL.N0000

CTCE SL EQUITY Dec

ATL SL EQUITY Dec

285.00

-3.39%

(9,263,000)

67,517,000

828.89%

499,293,000

30,000,000

9.73

29.29

155.98

1.83

734,192,000

2.00

0.70%

1.80

5.88%

17,160,682

16,127,987

-6.02%

133,655,831

1,000,000,720

0.10

18.23

1.19

1.52

109,810,127

0.00%

AAIC SL EQUITY Dec

CINS SL EQUITY Dec

147.00

3.52%

(74,537,000)

(149,456,000)

100.51%

(29,709,000)

37,500,000

(4.72)

N/A

56.61

2.60

117,899,000

4.80

3.27%

1,327.00

1.61%

162,741,000

89,248,000

-45.16%

722,840,000

26,414,480

28.39

46.74

687.15

1.93

486,921,000

16.00

1.21%

525.10

162,741,000
54,709,000

89,248,000
54,146,000

-45.16%

26,414,480
50,000,000

0.76

41.62

2.19

486,921,000
297,114,000

16.00
3.25

3.05%

4.32

18.49
21.06

687.15

-1.03%

722,840,000
389,123,000

28.39

91.00

-2.76%
-2.15%

ASIAN ALLIANCE INSURANCE PLC

AAIC.N0000

CEYLINCO INSURANCE PLC

CINS.N0000

CEYLINCO INSURANCE PLC.X

HNB ASSURANCE PLC
JANASHAKTHI INSURANCE COMPANY
PLC
UNION ASSURANCE PLC

CINS.X0000 CINSX SL EQUITY Dec

HASU.N0000 HASU SL EQUITY Dec
JINS.N0000

JINS SL EQUITY Dec

22.30

5.19%

117,753,000

191,238,000

62.41%

1,005,509,000

363,000,132

1.91

11.66

12.42

1.79

380,850,000

2.00

8.97%

UAL.N0000

UAL SL EQUITY Dec

160.00

0.00%

78,362,000

90,783,000

15.85%

1,123,405,000

85,714,286

5.00

31.98

58.86

2.72

553,072,000

6.00

3.75%

Growth (%)
QoQ

Annual Earnings
FY2013 and
FY2013/14

CODE
COMPANY

3.57%

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

No of Shares

Annualized
EPS (Rs.)

PER(x)

NAVS (Rs)

PBV (X)

Cash & Cash

equivalents
(Jun 14)

Dividend
Per Share

Dividend
Yeild

Banks
COMMERCIAL BANK OF CEYLON PLC
COMMERCIAL BANK OF CEYLON
PLC.X
DFCC BANK

COMB SL EQUITY Dec

170.00

6.25%

2,232,052,000

2,216,414,000

-0.70% 10,563,378,000

864,571,827

10.45

16.27

73.16

2.32

15,332,158,000

4.50

2.65%

COMB.X0000 COMBX SL EQUITY Dec

118.00

3.51%

2,232,052,000

2,216,414,000

-0.70% 10,563,378,000

864,571,827

10.45

11.29

73.16

1.61

15,332,158,000

4.50

3.81%

COMB.N0000

DFCC.N0000

DFCC SL EQUITY Mar

227.10

3.75%

595,390,000

965,233,000

62.12%

3,151,400,000

265,097,688

14.56

15.59

158.78

1.43

2,473,238,000

5.50

2.42%

HATTON NATIONAL BANK PLC

HNB.N0000

HNB SL EQUITY Dec

196.00

3.16%

2,149,742,000

2,550,180,000

18.63%

7,650,461,000

401,363,146

18.17

10.78

146.40

1.34

9,914,998,000

8.50

4.34%

HATTON NATIONAL BANK PLC.X

HNB.X0000 HNBNV SL EQUITY Dec

147.50

3.87%

2,149,742,000

2,550,180,000

18.63%

7,650,461,000

401,363,146

18.17

8.12

146.40

1.01

9,914,998,000

8.50

5.76%

NATIONAL DEVELOPMENT BANK PLC

NDB.N0000

NDB SL EQUITY Dec

245.00

0.00%

797,753,000

843,045,000

5.68%

2,641,925,000

165,035,180

24.65

9.94

155.01

1.58

3,068,338,000

10.00

4.08%

NATIONS TRUST BANK PLC

NTB.N0000

NTB SL EQUITY Dec

93.50

3.89%

478,374,000

607,597,000

27.01%

2,136,401,000

230,607,283

10.04

9.32

53.82

1.74

4,235,052,000

2.10

2.25%

PAN ASIA BANKING CORP: PLC

PABC.N0000

PABC SL EQUITY Dec

24.00

2.13%

10,517,000

89,948,000

755.26%

114,859,796

295,041,086

1.19

20.13

14.32

1.68

1,146,445,000

0.00%

SAMPATH BANK PLC

SAMP.N0000

SAMP SL EQUITY Dec

237.00

-1.25%

646,728,000

1,542,950,000

138.58%

3,634,957,000

167,910,253

33.57

7.06

193.93

1.22

8,755,939,000

8.00

3.38%

SEYLAN BANK PLC

SEYB.N0000

SEYB SL EQUITY Dec

92.40

6.21%

484,237,000

684,213,000

41.30%

2,326,148,000

344,960,410

7.02

13.16

67.62

1.37

5,453,888,000

2.25

2.44%

SEYLAN BANK PLC.X

THE HOUSING DEV: FIN: CORP: BANK
OF SRI LANKA
UNION BANK OF COLOMBO PLC

SEYB.X0000

SEYBX SL EQUITY Dec

53.80

2.48%

484,237,000

684,213,000

41.30%

2,326,148,000

344,960,410

7.02

7.67

67.62

0.80

5,453,888,000

2.25

4.18%

HDFC.N0000

HDFC SL EQUITY Dec

68.00

-2.16%

12,028,000

18,303,000

52.17%

157,418,000

64,710,520

2.92

23.27

42.40

1.60

125,524,000

0.25

0.37%

UBC.N0000

UBC SL EQUITY Dec

23.70

1.28%

77,068,000

9,012,000

-88.31%

103,927,579

349,250,000

0.60

39.82

13.92

1.70

3,611,100,000

0.25

1.05%

CODE
COMPANY
MERCHANT BANK OF SRI LANKA PLC
SANASA DEVELOPMENT BANK PLC

CSE

Bloomberg

FY

MBSL.N0000

MBSL SL EQUITY Dec

SDB.N0000

SDB SL EQUITY Dec

MKT PRICE
Annual Earnings
% Change
Sep. Qtr. 2013 Sep. Qtr. 2014 Growth (%)
04-Nov-14 (from 27th
FY2013 and
(Proft)
(Profit)
QoQ
Oct.)
(Rs.)
FY2013/14
18.20
0.00%
(51,847,000)
62,692,000
220.92%
(102,121,000)
96.00

2.13%

103,731,000

104,315,000

10

0.56%

248,183,562

No of Shares

Annualized
EPS (Rs.)

PER(x)

NAVS (Rs)

PBV (X)

135,000,000

0.41

43.98

20.96

0.87

25,175,322

16.67

5.76

141.41

0.68

Cash & Cash

Dividend
equivalents
Per Share
(Sep 14)
288,283,000
0.50
528,233,000

7.00

Dividend
Yeild
2.75%
7.29%

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014

Sector
PER (X)=

BANK FINANCE AND INSURANCE SECTOR

CODE
COMPANY

CSE

Bloomberg

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

Growth (%)
QoQ

Annual Earnings
FY2013 and
FY2013/14

No of Shares

Annualized
EPS (Rs.)

13.40
PER(x)

Sector
PBV (X)=

1.70

NAVS (Rs)

PBV (X)

Cash & Cash

equivalents
(Jun 14)

Dividend Dividend
Per Share
Yeild

Finance & Leasing Companies

ABANS FINANCE PLC

AFSL.N0000

AFSL SL EQUITY Mar

30.00

8.70%

2,119,316

4,397,289

107.49%

8,695,359

37,000,000

0.48

63.11

12.36

2.43

53,276,577

0.00%

ALLIANCE FINANCE COMPANY PLC

ALLI.N0000

ALLI SL EQUITY Mar

865.00

0.58%

64,760,566

33,318,768

-48.55%

308,601,237

2,430,000

54.85

15.77

993.79

0.87

146,621,649

20.00

2.31%

AMANA BANK LIMITED

AMW CAPITAL LEASING AND
FINANCE PLC
ARPICO FINANCE COMPANY PLC
ASSOCIATED MOTOR FINANCE
COMPANY PLC
BRAC LANKA FINANCE PLC

ABL.N0000

ABL SL EQUITY Dec

5.40

-1.82%

(99,071,000)

(85,624,000)

-13.57%

0.00%

AMCL.N0000

AMCL SL EQUITY Dec

22.35

0.00%

47,429,917

42,173,492

ARPI.N0000
AMF.N0000

ARPI SL EQUITY Mar

162.00

0.87%

2,095,000

AMF SL EQUITY Mar

411.00

1.48%

50,267,248

(317,033,901) 1,250,695,267

(0.22)

N/A

3.98

1.36

3,045,754,000

-11.08%

189,406,719

20,000,000

9.82

2.28

50.87

0.44

120,813,071

0.85

3.80%

(5,386,000)

-357.09%

88,342,973

7,437,500

(2.90)

N/A

91.41

1.77

285,420,000

2.50

1.54%

34,113,651

-32.14%

236,948,402

5,608,355

24.33

16.89

150.94

2.72

47,619,715

10.00

2.43%

NIFL.N0000

NIFL SL EQUITY Mar

13.40

11.67%

7,630,637

1,880,098

-75.36%

13,916,359

105,752,566

0.07

188.43

5.58

2.40

8,852,906

0.00%

CAPITAL ALLIANCE FINANCE PLC

CALF.N0000

CALF SL EQUITY Mar

17.60

-1.12%

(4,053,459)

(1,821,030)

-55.07%

(8,108,217)

38,766,036

(0.19)

N/A

8.13

2.16

46,730,294

0.00%

CENTRAL FINANCE COMPANY PLC

CFIN.N0000

CFIN SL EQUITY Mar

245.00

-2.00%

826,563,000

844,046,000

2.12%

3,291,239,000

104,883,333

32.19

7.61

207.46

1.18

491,508,000

3.20

1.31%

CFL.N0000

CFL SL EQUITY Mar

27.70

-3.48%

6,373,617

6,590,722

3.41%

40,209,095

33,901,337

0.78

35.62

15.36

1.80

278,604,087

0.00%

COCR.N0000

COCR SL EQUITY Mar

46.00

-1.29%

172,985,668

490,811,550

183.73%

1,007,836,525

286,074,365

6.86

6.70

13.26

3.47 1 ,963,873,562

0.50

1.09%

CLC.N0000

CLC SL EQUITY Mar

4.60

-4.17%

294,511,000

275,016,000

-6.62%

935,958,891

6,377,711,170

0.17

26.67

1.43

3.22

475,492,000

0.00%

ESL.N0000

ESL SL EQUITY Mar

52.00

0.00%

7,411,107

70,406,892

850.02%

274,503,679

33,000,014

8.53

6.09

33.17

1.57

1,061,570

1.61

3.10%

CHILAW FINANCE PLC

COMMERCIAL CREDIT AND FINANCE
PLC
COMMERCIAL LEASING & FINANCE
PLC
ENTRUST SECURITIES PLC
GEORGE STEUART FINANCE PLC

GSF.N0000

GSF SL EQUITY Mar

28.70

3.24%

(1,024,028)

2,986,896

391.68%

6,643,720

22,500,000

0.53

54.05

14.74

1.95

45,054,243

0.00%

LANKA ORIX FINANCE PLC

LOFC.N0000

LOFC SL EQUITY Mar

4.10

-2.38%

72,781,000

231,055,000

217.47%

1,000,299,308

2,800,000,000

0.33

12.42

2.42

1.69

2,790,223,000

0.00%

LB FINANCE PLC
MERCANTILE INVESTMENTS AND
FINANCE PLC
MULTI FINANCE PLC

LFIN.N0000

LFIN SL EQUITY Mar

168.00

3.83%

228,016,000

449,062,000

96.94%

1,340,029,376

69,257,142

25.94

6.48

96.41

1.74

3,697,398,000

6.50

3.87%

MERC.N0000

MERC SL EQUITY Mar

2,200.00

0.00%

104,638,000

88,680,000

-15.25%

675,362,000

3,006,000

118.00

18.64

2,290.23

0.96

338,766,000

2.50

0.11%

MFL.N0000

MFL SL EQUITY Mar

35.80

6.87%

(39,198,000)

7,123,000

118.17%

N D B CAPITAL HOLDINGS PLC

CDIC.N0000

CDIC SL EQUITY Dec

498.00

0.00%

211,049,000

206,569,000

-2.12%

NATION LANKA FINANCE PLC

CSF.N0000

CSF SL EQUITY Mar

5.30

-5.36%

(16,036,000)

(56,620,000)

PMB.N0000

PMB SL EQUITY Mar

28.50

5.56%

(59,748,000)

(14,818,000)

PEOPLE`S MERCHANT FINANCE PLC

CODE
COMPANY
FIRST CAPITAL HOLDINGS PLC
ASIA ASSET FINANCE PLC
BIMPUTH FINANCE PLC
CITIZENS DEVELOPMENT BUSINESS
FINANCE PLC
CITIZENS DEVELOPMENT BUSINESS
FINANCE PLC.X

CSE

Bloomberg

FY

MKT PRICE
% Change
Sep. Qtr. 2013
04-Nov-14 (from 27th
(Proft)
Oct.)
(Rs.)
52.70
1.54%
27,860,000

(47,961,048)

22,462,039

1.27

28.22

14.52

2.47

125,518,000

0.00%

932,054,000

32,904,933

27.61

18.04

183.14

2.72

150,239,000

8.50

1.71%

253.08%

(138,072,899)

251,163,261

(0.90)

N/A

0.30

17.66

114,365,000

0.00%

-75.20%

(113,136,000)

67,500,000

(0.88)

N/A

16.55

1.72

172,564,000

0.00%

NAVS (Rs)

PBV (X)

Sep. Qtr. 2014 Growth (%)

(Profit)
QoQ

Annual Earnings
FY2013 and
FY2013/14

No of Shares

Annualized
EPS (Rs.)

PER(x)

Cash & Cash

Dividend Dividend
equivalents
Per Share
Yeild
(Sep 14)
26,839,000
4.00
7.59%

CFVF.N0000

CFVF SL EQUITY Mar

612,817,000

2099.63%

306,727,000

101,250,000

12.18

4.33

25.97

2.03

AAF.N0000

AAF SL EQUITY Mar

1.70

0.00%

19,487,628

44,799,464

129.89%

61,906,518

559,471,889

0.20

8.64

1.42

1.19

472,948,600

0.00%

BLI.N0000

BLI SL EQUITY Mar

41.90

-2.10%

9,182,775

43,790,733

376.88%

31,094,233

53,866,672

2.36

17.73

14.85

2.82

131,299,389

0.00%

CDB.N0000

CDB SL EQUITY Mar

95.50

-0.42%

135,951,471

173,315,427

27.48%

561,112,771

54,305,207

12.18

7.84

67.89

1.41

1,020,597,118

3.00

3.14%

CDB.X0000

CDBX SL EQUITY Mar

77.00

2.67%

135,951,471

173,315,427

27.48%

561,112,771

54,305,207

12.18

6.32

67.89

1.13

1,020,597,118

3.00

3.90%

11

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014
Sector
PER (X)=

BANK FINANCE AND INSURANCE SECTOR

CODE
COMPANY
LANKA ORIX LEASING COMPANY PLC

CSE

Bloomberg

LOLC.N0000

FY

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013

(Proft)

Jun. Qtr. 2014

(Profit)

LOLC SL EQUITY Mar

88.00

2.92%

693,938,000

1,012,474,000

Growth (%)
QoQ

Annual Earnings
FY2013 and
FY2013/14

45.90%

3,107,906,000

No of Shares

Annualized
EPS (Rs.)

13.40
PER(x)

Sector
PBV (X)=
NAVS (Rs)

1.70
PBV (X)

Cash & Cash

equivalents
(Jun 14)

475,200,000

8.52

10.33

50.07

1.76

5,150,391,000

Dividend
Per Share
-

Dividend
Yeild
0.00%

LANKA VENTURES PLC

LVEN.N0000

LVEN SL EQUITY Mar

46.50

1.09%

52,327,000

51,400,000

-1.77%

144,401,000

50,000,000

4.11

11.31

27.56

1.69

146,677,000

1.50

3.23%

ORIENT FINANCE PLC

ORIN.N0000

ORIN SL EQUITY Mar

14.60

0.00%

9,742,325

18,604,418

90.96%

78,557,590

115,625,000

0.64

22.68

7.60

1.92

55,497,106

0.10

0.68%

SENKADAGALA FINANCE PLC

SFCL.N0000

SFCL SL EQUITY Mar

60.00

0.00%

76,748,308

100,006,966

30.31%

550,655,236

65,227,555

6.13

9.78

33.83

1.77

436,599,192

2.59

4.32%

SINGER FINANCE (LANKA) PLC

SFIN.N0000

SFIN SL EQUITY Mar

18.20

-1.09%

53,246,000

73,572,000

38.17%

268,596,839

165,333,334

1.78

10.22

12.40

1.47

460,565,000

0.65

3.57%

SFL.N0000

SFL SL EQUITY Mar

225.00

12.50%

10,395,524

16,396,294

57.72%

84,317,544

6,295,893

10.42

21.60

156.58

1.44

142,841,637

0.00%

SMB LEASING PLC

SEMB.N0000

SEMB SL EQUITY Dec

1.70

0.00%

13,585,356

15,772,009

16.10%

77,443,586

1,805,832,873

0.04

47.69

0.56

3.04

19,929,962

0.00%

SMB LEASING PLC.X

SEMB.X0000 SEMBX SL EQUITY Dec

0.50

0.00%

13,585,356

15,772,009

16.10%

77,443,586

1,805,832,873

0.04

14.03

0.56

0.90

19,929,962

0.00%

SOFTLOGIC CAPITAL PLC

SWARNAMAHAL FINANCIAL SERVICES
PLC
THE FINANCE COMPANY PLC

SCAP.N0000

SCAP SL EQUITY Mar

7.70

10.00%

(101,103,954)

(13,569,872)

-86.58%

60,456,472

688,160,000

(0.08)

N/A

4.68

1.64

1,451,978,191

0.00%

SFS.N0000

SFS SL EQUITY Mar

2.30

-4.17%

17,149,071

(351,839,298)

-2151.65%

(96,076,611)

500,000,140

(2.81)

N/A

(1.80)

N/A

163,868,954

0.00%

TFC.N0000

TFC SL EQUITY Mar

21.00

5.00%

(433,260,096)

(627,366,240)

44.80%

(1,786,718,129)

157,966,232

(15.89)

N/A

(56.18)

N/A

363,222,606

0.00%

TFC.X0000

TFCX SL EQUITY Mar

8.30

5.06%

(433,260,096)

(627,366,240)

44.80%

(1,786,718,129)

157,966,232

(15.89)

N/A

(56.18)

N/A

363,222,606

0.00%

TFIL.N0000

TFIL SL EQUITY Mar

39.00

-7.58%

46,229,701

53,482,395

15.69%

196,496,991

56,800,400

3.77

10.35

14.93

2.61

87,512,086

1.00

2.56%

VFIN.N0000

VFIN SL EQUITY Mar

46.10

0.44%

70,493,000

66,092,000

-6.24%

303,910,233

41,550,600

6.36

7.25

29.09

1.58

293,031,000

1.00

2.17%

Growth (%)
QoQ

Annual Earnings
FY2013 and
FY2013/14

No of Shares

SINHAPUTHRA FINANCE PLC

THE FINANCE COMPANY PLC.X

TRADE FINANCE & INVESTMENTS PLC
VALLIBEL FINANCE PLC

PEOPLE'S LEASING & FINANCE PLC

PLC.N0000

PLC SL EQUITY Mar

MKT PRICE
04-Nov-14
(Rs.)
22.20

SOFTLOGIC FINANCE PLC

CRL.N0000

CRL SL EQUITY Mar

47.90

CODE
COMPANY

CSE

Bloomberg

FY

5.71%

786,000,000

1,091,000,000

38.80%

3,463,216,517

1,579,862,482

2.37

9.36

13.26

1.67

Cash & Cash

Dividend
equivalents
Per Share
(Sep 14)
5,455,000,000
1.25

9.61%

35,025,570

86,697,995

147.53%

165,653,889

37,453,951

4.91

9.76

38.98

1.23

1,014,997,989

% Change
(from 27th
Oct.)

Sep. Qtr. 2013

(Proft)

Sep. Qtr. 2014

(Profit)

PER(x)

Sector
Sector
102.50 PBV (X)=
PER (X)=

OIL PALMS
CODE
COMPANY

Annualized
EPS (Rs.)

CSE

MKT PRICE
04-Nov-14
(Rs.)

% Change
(from 27th
Oct.)

Jun. Qtr. 2013 Jun. Qtr. 2014 Growth (%)

(Proft)
(Profit)
QoQ

Annual Earnings
FY2013 and
FY2013/14

No of Shares

Annualized
EPS (Rs.)

PER(x)

NAVS (Rs)

PBV (X)

1.50

Dividend
Yeild
5.63%
3.13%

4.00

PBV (X)

DEBT to
Equity
(%)

Cash & Cash

equivalents
(Jun 14)

Dividend Per Dividend

Share
Yeild

BUKI SL EQUITY Mar

698.00

-0.98%

499,028,000 1,042,110,000

108.83% 3,275,017,000

102,000,000

40.87

17.08

294.10

2.37 209.29% 12,460,546,000

3.00

0.43%

GOOD HOPE PLC

GOOD.N0000 GOOD SL EQUITY Mar

1,790.00

11.81%

115,503,000

27,179,000

-76.47%

164,703,000

6,871,307

15.82

113.14

892.55

2.01

0.00%

8,256,000

24.51

1.37%

INDO MALAY PLC

INDO.N0000 INDO SL EQUITY Mar

1,630.00

0.62%

116,608,000

20,423,000

-82.49%

184,148,000

6,998,400

11.67

139.64

849.10

1.92

0.00%

15,004,000

22.43

1.38%

BUKIT DARAH PLC

SELINSING PLC
SHALIMAR (MALAY) PLC

BUKI.N0000

Bloomberg

FY

NAVS (Rs)

SELI.N0000

SELI SL EQUITY Mar

1,525.00

-1.61%

137,433,000

49,501,000

-63.98%

259,585,000

6,940,080

28.53

53.45

1,039.20

1.47

0.00%

7,679,000

37.98

2.49%

SHAL.N0000

SHAL SL EQUITY Mar

1,790.00

5.92%

117,636,000

31,059,000

-73.60%

211,345,000

6,940,080

17.90

99.99

826.47

2.17

0.00%

7,372,000

30.97

1.73%

12

Asha Phillip Securities Ltd

VALUATION GUIDE THE COLOMBO BOURSE

November 5, 2014

Note:
The EPS is based on annualized earnings figures, adjusted for exceptional /extraordinary items.
This valuation matrix is an approximate or rather a tentative guidance, since the PE multiples are based on annualized earnings
calculated by means of the recurring earnings.
The above multiples have been calculated based on 04th November 2014 (Tuesday) closing prices.
Dividends per share represents all interim dividends been declared thus far

DISCLAIMER: This document has been prepared and issued by Asha Phillip Securities Ltd, on the basis of publicly available information, internally developed data
and other sources believed to be reliable. While every effort has been made to ensure that the data quoted and used for the research behind this document is reliable, there
is no guarantee that it is correct. Asha Phillip Securities Ltd, nor any Director, Officer or employee accept no liability whatsoever in respect of any errors or omissions.
This document is a piece of economic/Financial research and is not intended to constitute investment advice, nor to solicit dealing in securities or investments. Asha
Phillip Securities Ltd may act as a Broker in the investments which are the subject of this document or related investments and may have acted upon or used the
information contained in this document, or the research or analysis on which it is based, before its publication. Asha Phillip Securities Ltd, Its Directors, Officers or
Employees may also have a position or be otherwise interested in the investments referred to in this document. This is not an offer to sell or buy the investments
referred to in this document.

13