Access Engineering Plc

  • Market Cap: Large Cap
  • Industry: Construction
  • ISIN: LK0409N00009
LKR
75.20
31.5 (72.08%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Comparison

Company
Score
Quality
Valuation
Financial
Technical
Access Engineering Plc

Why is Access Engineering Plc ?

1
Poor Management Efficiency with a low ROCE of 9.71%
  • The company has been able to generate a Return on Capital Employed (avg) of 9.71% signifying low profitability per unit of total capital (equity and debt)
2
Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.68 times
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.68 times
  • The company has been able to generate a Return on Capital Employed (avg) of 9.71% signifying low profitability per unit of total capital (equity and debt)
3
Negative results in Dec 25
  • OPERATING CASH FLOW(Y) Lowest at LKR -2,999.1 MM
  • DEBT-EQUITY RATIO (HY) Highest at 105.14 %
  • INTEREST(Q) At LKR 626.69 MM has Grown at 10.15%
4
With ROE of 16.12%, it has a expensive valuation with a 1.74 Price to Book Value
  • The stock is trading at a premium compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 81.64%, its profits have fallen by -21.7%
stock-recommendationReal-Time Research Report

Verdict Report

How much should you sell?

  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Construction)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Access Engineering Plc for you?

Medium Risk, High Return

Absolute
Risk Adjusted
Volatility
Access Engineering Plc
-100.0%
6.38
32.42%
Sri Lanka CSE All Share
41.16%
2.63
15.67%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor
Value
Sales Growth (5y)
14.81%
EBIT Growth (5y)
36.09%
EBIT to Interest (avg)
2.29
Debt to EBITDA (avg)
2.68
Net Debt to Equity (avg)
0.63
Sales to Capital Employed (avg)
0.46
Tax Ratio
22.58%
Dividend Payout Ratio
31.70%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.71%
ROE (avg)
13.06%
stock-recommendationValuation

Valuation Scorecard stock-summary

stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary

Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
1.74
EV to EBIT
10.67
EV to EBITDA
9.73
EV to Capital Employed
1.39
EV to Sales
2.79
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
13.05%
ROE (Latest)
16.12%
stock-recommendationTechnicals

Technical key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
stock-recommendationFinancial Trend

Financial Trend Scorecard stock-summary

stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

2What is working for the Company
NET SALES(9M)

Higher at LKR 36,077.72 MM

DEBTORS TURNOVER RATIO(HY)

Highest at 2.19 times

-9What is not working for the Company
OPERATING CASH FLOW(Y)

Lowest at LKR -2,999.1 MM

DEBT-EQUITY RATIO (HY)

Highest at 105.14 %

INTEREST(Q)

At LKR 626.69 MM has Grown at 10.15%

RAW MATERIAL COST(Y)

Grown by 19.48% (YoY

OPERATING PROFIT MARGIN(Q)

Lowest at 21.69 %

Here's what is working for Access Engineering Plc

Debtors Turnover Ratio
Highest at 2.19 times
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its Debtors faster

Debtors Turnover Ratio

Net Sales
Higher at LKR 36,077.72 MM
than preceding 12 month period ended Dec 2025
MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months

Net Sales (LKR MM)

Depreciation
Highest at LKR 323.13 MM
in the last five periods
MOJO Watch
The expenditure on assets done by the company may have gone into operation

Depreciation (LKR MM)

Here's what is not working for Access Engineering Plc

Operating Cash Flow
Lowest at LKR -2,999.1 MM and Fallen
In each year in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (LKR MM)

Interest
At LKR 626.69 MM has Grown at 10.15%
period on period (QoQ)
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (LKR MM)

Debt-Equity Ratio
Highest at 105.14 % and Grown
In each half year in the last five Semi-Annual periods
MOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed

Debt-Equity Ratio

Operating Profit Margin
Lowest at 21.69 %
in the last five periods
MOJO Watch
Company's profit margin has deteriorated

Operating Profit to Sales

Raw Material Cost
Grown by 19.48% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin

Raw Material Cost as a percentage of Sales