CT Land Development Plc

  • Market Cap: Small Cap
  • Industry: Realty
  • ISIN: LK0175N00006
LKR
38.40
1 (2.67%)
  • 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

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.

Comparison
Company
Score
Quality
Valuation
Financial
Technical
Overseas Realty (Ceylon) Plc
Commercial Development Co. Plc
R I L Property Plc
Seylan Developments Plc
Prime Lands Residencies Plc
Millennium Housing Developers Ltd.
Equity Two Plc
The Colombo Fort Land & Building Co. Plc
Colombo City Holdings Plc
Colombo Land & Development Co. Plc
CT Land Development Plc
Why is CT Land Development Plc ?
1
Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 0.85%
  • Poor long term growth as Net Sales has grown by an annual rate of -1.30% and Operating profit at -18.59%
  • The company has been able to generate a Return on Equity (avg) of 0.85% signifying low profitability per unit of shareholders funds
2
The company has declared negative results in Jan 70 after 4 consecutive negative quarters
  • INTEREST(HY) At LKR 16.9 MM has Grown at 107.37%
  • OPERATING CASH FLOW(Y) Lowest at LKR -78.24 MM
  • RAW MATERIAL COST(Y) Grown by 83.8% (YoY)
3
Underperformed the market in the last 1 year
  • The stock has generated a return of 37.63% in the last 1 year, much lower than market (Sri Lanka CSE All Share) returns of 61.92%
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 Realty)

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

Is CT Land Development Plc for you?

High Risk, Medium Return

Absolute
Risk Adjusted
Volatility
CT Land Development Plc
38.63%
0.93
61.80%
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)
-1.30%
EBIT Growth (5y)
-18.59%
EBIT to Interest (avg)
2.12
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
1.35%
ROE (avg)
0.85%
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
15
Industry P/E
Price to Book Value
0.62
EV to EBIT
33.32
EV to EBITDA
27.97
EV to Capital Employed
0.62
EV to Sales
5.62
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
1.85%
ROE (Latest)
4.03%
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
No Trend
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

13What is working for the Company
NET SALES(HY)

At LKR 495.77 MM has Grown at 71.61%

NET PROFIT(HY)

Higher at LKR 91.53 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 99%

-21What is not working for the Company
INTEREST(HY)

At LKR 16.9 MM has Grown at 107.37%

OPERATING CASH FLOW(Y)

Lowest at LKR -78.24 MM

RAW MATERIAL COST(Y)

Grown by 83.8% (YoY

DEBT-EQUITY RATIO (HY)

Highest at 16.01 %

DEBTORS TURNOVER RATIO(HY)

Lowest at 4.04%

NET SALES(Q)

Lowest at LKR 97.87 MM

PRE-TAX PROFIT(Q)

Lowest at LKR -15.12 MM

NET PROFIT(Q)

Lowest at LKR -15.12 MM

EPS(Q)

Lowest at LKR -0.19

Here's what is working for CT Land Development Plc
Inventory Turnover Ratio
Highest at 99%
in the last five Semi-Annual periods
MOJO Watch
Company has been able to sell its inventory faster

Inventory Turnover Ratio

Here's what is not working for CT Land Development Plc
Net Sales
At LKR 97.87 MM has Fallen at -51.55%
over average net sales of the previous four periods of LKR 202.03 MM
MOJO Watch
Near term sales trend is extremely negative

Net Sales (LKR MM)

Pre-Tax Profit
At LKR -15.12 MM has Fallen at -140.31%
over average net sales of the previous four periods of LKR 37.52 MM
MOJO Watch
Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (LKR MM)

Net Profit
At LKR -15.12 MM has Fallen at -138.09%
over average net sales of the previous four periods of LKR 39.7 MM
MOJO Watch
Near term Net Profit trend is very negative

Net Profit (LKR MM)

Interest
At LKR 16.9 MM has Grown at 107.37%
over previous Semi-Annual period
MOJO Watch
Rising interest cost signifies increased borrowings

Interest Paid (LKR MM)

Operating Cash Flow
Lowest at LKR -78.24 MM
in the last three years
MOJO Watch
The company's cash revenues from business operations are falling

Operating Cash Flows (LKR MM)

Net Sales
Lowest at LKR 97.87 MM
in the last five periods
MOJO Watch
Near term sales trend is negative

Net Sales (LKR MM)

Pre-Tax Profit
Lowest at LKR -15.12 MM
in the last five periods
MOJO Watch
Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (LKR MM)

Net Profit
Lowest at LKR -15.12 MM
in the last five periods
MOJO Watch
Near term Net Profit trend is negative

Net Profit (LKR MM)

EPS
Lowest at LKR -0.19
in the last five periods
MOJO Watch
Declining profitability; company has created lower earnings for shareholders

EPS (LKR)

Debt-Equity Ratio
Highest at 16.01 %
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

Debtors Turnover Ratio
Lowest at 4.04%
in the last five Semi-Annual periods
MOJO Watch
Company's pace of selling Debtors has slowed

Debtors Turnover Ratio

Raw Material Cost
Grown by 83.8% (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