Singaporean Capital Goods Strong Past Earnings Growth, P/E Ratio Below 20

Hong Leong Asia

Market Cap: S$927.7m

An investment holding company, manufactures and distributes powertrain solutions and related products, building materials, and rigid packaging products in the People’s Republic of China, Singapore, Malaysia, and internationally.

Boustead Singapore

Market Cap: S$575.2m

An investment holding company, provides energy engineering, real estate, geospatial, and healthcare technology solutions in Singapore, Australia, Malaysia, the United States, Europe, rest of the Asia Pacific, North and South America, the Middle East, and Africa.

PEC

Market Cap: S$214.1m

Provides mechanical engineering and contracting services to the oil and gas, energy, petrochemical, pharmaceutical, and oil and chemical terminal industries in Singapore, China, the Middle east, and internationally.

Hock Lian Seng Holdings

Market Cap: S$191.8m

An investment holding company, primarily provides civil engineering services to public and private sectors in Singapore.

Ever Glory United Holdings

Market Cap: S$150.8m

An investment holding company, provides mechanical and electrical engineering services for public and private sectors in Singapore.

Spindex Industries

Market Cap: S$100.9m

Engages in the manufacture, import, export, and trade of mechanical, electrical, electronic, and precision machine parts.

Ley Choon Group Holdings

Market Cap: S$97.9m

An investment holding company, provides underground utilities infrastructure construction, and road and airfield works services in Singapore and Sri Lanka.

InnoTek

Market Cap: S$82.7m

An investment holding company, operates as a precision metal components manufacturer in Singapore, Hong Kong, the People’s Republic of China, Vietnam, Singapore, and Thailand.