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Top Singaporean (SGX) Growth Stocks
UPDATED Jun 29, 2022
What are the best Singaporean (SGX) Growth Stocks?
According to our Simply Wall St analysis these are the best Singaporean growth companies. We look for companies with high forecasted growth and healthy balance sheets that can deliver sustained growth over the long term.
Our criteria to find Top Growth Companies
Growth
- Companies with sustained revenue growth that outperforms the market are attractive to investors. These companies are most likely to appreciate in share price over time.
What do we look for?
- Is the company forecast to have high earnings growth.
Healthy Balance Sheet
- A healthy balance sheet is essential to drive growth opportunities and sustain the business.
- Repayments on debt take precedence over other initiatives to improve shareholder returns, so investors want to make sure the company is comfortably positioned to cover its debts.
What do we look for?
- Does the company have a manageable level of debt.
- Is the company able to cover its interest repayments.
6 companies meet this criteria in the Singaporean market
iFAST Corporation Ltd. provides investment products and services in Singapore, Hong Kong, Malaysia, and China.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: AIY's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 9.2% below our estimate of its fair value
Earnings are forecast to grow 49.47% per year
Earnings grew by 4.6% over the past year
Risks
Shareholders have been diluted in the past year
OxPay Financial Limited provides merchant payment and digital commerce enabling solutions in Singapore, Malaysia, Indonesia, and Thailand.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: TVV is expected to become profitable in the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 92.6% below our estimate of its fair value
Earnings are forecast to grow 94.14% per year
Risks
Does not have a meaningful market cap (SGD43M)
Grand Venture Technology Limited engages in manufacturing and selling precision machining and sheet metal components and modules in Singapore, Malaysia, the United States, China, and internationally.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: JLB's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 61.6% below our estimate of its fair value
Earnings are forecast to grow 27.54% per year
Earnings grew by 236.6% over the past year
Risks
High level of non-cash earnings
Shareholders have been diluted in the past year
Trans-China Automotive Holdings Limited operates as an automotive dealership company in the People’s Republic of China.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: VI2's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
Future ROE
High Growth Revenue
Rewards
Trading at 94.8% below our estimate of its fair value
Earnings are forecast to grow 21.99% per year
Revenue grew by 7.2% over the past year
Risks
Does not have a meaningful market cap (SGD124M)
Has a high level of debt
SIA Engineering Company Limited, together with its subsidiaries, provides maintenance, repair, and overhaul (MRO) services to airline carriers and aerospace equipment manufacturers worldwide.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: S59's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 42.1% below our estimate of its fair value
Earnings are forecast to grow 28.73% per year
Became profitable this year
Risks
Large one-off items impacting financial results
Fortress Minerals Limited, an investment holding company, engages in the exploration, mining, production, and sale of iron ore concentrates.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: OAJ's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
Future ROE
High Growth Revenue
Rewards
Trading at 80.2% below our estimate of its fair value
Earnings are forecast to grow 28.19% per year
Risks
No risks detected for OAJ from our risks checks.