Tuesday - 05th January 2021

BANKING SECTOR VALUATIONS

MPS MTD YTD Historical Historical Forecasted Forward DPS annual DPS declared Dividend Yield (%) NAV PBV
(LKR) change % Change % EPS (LKR) PER (x) EPS (LKR) PER (x) (Rs.) so far for next FY on annual DPS (LKR) (x)

Banks
COMB 83.30 2.97% 2.97% 16.80 4.96 14.03 5.94 6.50 - 7.8% 137.03 0.61
COMB(X) 72.60 3.57% 3.57% 16.80 4.32 14.03 5.18 6.50 - 9.0% 137.03 0.53
DFCC 65.10 -0.31% -0.31% 7.62 8.54 9.23 7.06 3.00 - 4.6% 166.34 0.39
HNB 128.80 1.82% 1.82% 29.32 4.39 22.41 5.75 8.00 - 6.2% 298.90 0.43
HNB(X) 103.70 3.08% 3.08% 29.32 3.54 22.41 4.63 8.00 - 7.7% 298.90 0.35
NTB 60.00 0.00% 0.00% 13.08 4.59 12.34 4.11 2.30 - 3.8% 123.72 0.48
NDB 78.80 0.90% 0.90% 20.53 3.84 22.17 3.55 7.00 - 8.9% 200.85 0.39
PABC 13.40 3.08% 3.08% 3.96 3.38 3.77 3.55 - - 0.0% 33.00 0.41
SAMP 140.80 3.83% 3.83% 34.36 4.10 18.23 7.72 11.75 - 8.3% 293.34 0.48
SEYB 46.70 1.52% 1.52% 9.12 5.12 5.67 8.24 2.00 - 4.3% 98.64 0.47
SEYB(X) 34.00 0.00% 0.00% 9.12 3.73 5.67 6.00 2.00 - 5.9% 98.64 0.34

Sector Mutiples
Forecast EPS - * denotes TTM EPS, all other figures are annualised
DPS annual - December companies – FY 2019, March companies – FY 2020 PER(X) 5.29
Forward EPS - December companies - FY 2020, March companies – FY 2021
PBV(X) 0.57