Ceylon Grain Elevators Plc

  • Market Cap: Mid Cap
  • Industry: Other Agricultural Products
  • ISIN: LK0029N00005
LKR
409.25
13 (3.28%)
  • 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

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Comparison
Company
Score
Quality
Valuation
Financial
Technical
Bairaha Farms Plc
Namunukula Plantations PLC
Ceylon Grain Elevators Plc
Kelani Valley Plantations Plc
Kegalle Plantations PLC
Browns Investments Plc
Maskeliya Plantations Plc
Malwatte Valley Plantations Plc
Balangoda Plantations Plc
Kahawatte Plantations Plc
Hapugastenne Plantations Plc
Why is Ceylon Grain Elevators Plc ?
1
High Management Efficiency with a high ROE of 23.67%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 22.31
3
Poor long term growth as Operating profit has grown by an annual rate 28.34% of over the last 5 years
  • NET SALES(9M) Higher at LKR 21,711.86 MM
  • CASH AND EQV(HY) Highest at LKR 19,946.05 MM
  • INVENTORY TURNOVER RATIO(HY) Highest at 4.19%
4
With ROE of 25.00%, it has a expensive valuation with a 1.78 Price to Book Value
  • The stock is trading at a discount compared to its peers' average historical valuations
  • Over the past year, while the stock has generated a return of 128.31%, its profits have fallen by -20.4%
5
Market Beating performance in long term as well as near term
  • Along with generating 128.31% returns in the last 1 year, the stock has outperformed Sri Lanka CSE All Share in the last 3 years, 1 year and 3 months
stock-recommendationReal-Time Research Report
Verdict Report
How much should you hold?
  1. Overall Portfolio exposure to Ceylon Grain Elevators Plc should be less than 10%
  2. Overall Portfolio exposure to Other Agricultural Products should be less than 30%

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

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Ceylon Grain Elevators Plc for you?

Medium Risk, High Return

Absolute
Risk Adjusted
Volatility
Ceylon Grain Elevators Plc
128.63%
3.73
33.46%
Sri Lanka CSE All Share
60.36%
3.56
17.37%
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)
11.00%
EBIT Growth (5y)
28.34%
EBIT to Interest (avg)
22.31
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.80
Sales to Capital Employed (avg)
1.90
Tax Ratio
27.90%
Dividend Payout Ratio
57.10%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
129.39%
ROE (avg)
23.67%
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
7
Industry P/E
Price to Book Value
1.78
EV to EBIT
3.84
EV to EBITDA
3.45
EV to Capital Employed
4.45
EV to Sales
0.47
PEG Ratio
NA
Dividend Yield
0.05%
ROCE (Latest)
116.00%
ROE (Latest)
25.00%
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 Bearish
Mildly Bullish
OBV
Mildly Bearish
Bullish
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

4What is working for the Company
NET SALES(9M)

Higher at LKR 21,711.86 MM

CASH AND EQV(HY)

Highest at LKR 19,946.05 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 4.19%

DEBTORS TURNOVER RATIO(HY)

Highest at 24.33%

-3What is not working for the Company
INTEREST(9M)

At LKR 90.36 MM has Grown at 55.07%

RAW MATERIAL COST(Y)

Grown by 20.87% (YoY

Here's what is working for Ceylon Grain Elevators Plc
Cash and Eqv
Highest at LKR 19,946.05 MM
in the last six Semi-Annual periods
MOJO Watch
Short Term liquidity is improving

Cash and Cash Equivalents

Inventory Turnover Ratio
Highest at 4.19%
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Debtors Turnover Ratio
Highest at 24.33%
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 21,711.86 MM
than preceding 12 month period ended Jun 2025
MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months

Net Sales (LKR MM)

Here's what is not working for Ceylon Grain Elevators Plc
Interest
At LKR 90.36 MM has Grown at 55.07%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (LKR MM)

Raw Material Cost
Grown by 20.87% (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