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Singaporean (SGX) Market Analysis & Valuation

UpdatedJun 01, 2023
DataAggregated Company Financials
Companies562
  • 7D-1.8%
  • 3M-2.4%
  • 1Y-5.9%
  • YTD-3.0%

Over the last 7 days, the market has dropped 1.8%, driven by a decline of 2.9% in the Industrials sector. The market has dropped 5.9% in the last year. As for the next few years, earnings are expected to grow by 6.5% per annum.

Trending IndustriesOil and Gas

Market Valuation and Performance

Has the Singaporean Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jun 2023S$678.6bS$581.1bS$56.9b11.3x11.9x1.2x
Sat, 29 Apr 2023S$705.8bS$570.7bS$53.9b11.6x13.1x1.2x
Mon, 27 Mar 2023S$603.5bS$558.7bS$48.1b11.1x12.5x1.1x
Wed, 22 Feb 2023S$712.0bS$560.7bS$58.1b10.7x12.3x1.3x
Fri, 20 Jan 2023S$707.5bS$559.9bS$58.2b10.4x12.2x1.3x
Sun, 18 Dec 2022S$699.6bS$563.5bS$57.9b10.2x12.1x1.2x
Tue, 15 Nov 2022S$699.7bS$563.8bS$57.8b10.3x12.1x1.2x
Thu, 13 Oct 2022S$666.9bS$564.7bS$54.8b10.1x12.2x1.2x
Sat, 10 Sep 2022S$715.3bS$560.8bS$54.8b10.8x13.1x1.3x
Mon, 08 Aug 2022S$721.3bS$542.2bS$50.4b11.4x14.3x1.3x
Wed, 06 Jul 2022S$685.4bS$533.0bS$47.6b11.3x14.4x1.3x
Fri, 03 Jun 2022S$701.6bS$528.5bS$47.9b12x14.6x1.3x
Sun, 01 May 2022S$739.1bS$526.6bS$46.3b12.2x16x1.4x
Tue, 29 Mar 2022S$735.7bS$524.1bS$45.6b12x16.1x1.4x
Thu, 24 Feb 2022S$724.8bS$495.4bS$36.5b12.8x19.9x1.5x
Sat, 22 Jan 2022S$708.5bS$482.2bS$31.4b13.3x22.5x1.5x
Mon, 20 Dec 2021S$677.7bS$484.1bS$31.2b13x21.7x1.4x
Wed, 17 Nov 2021S$726.3bS$486.8bS$30.7b13.5x23.6x1.5x
Fri, 15 Oct 2021S$714.7bS$480.3bS$25.0b13.3x28.6x1.5x
Sun, 12 Sep 2021S$683.2bS$479.9bS$24.4b13.8x28x1.4x
Tue, 10 Aug 2021S$705.2bS$481.6bS$24.0b13.9x29.4x1.5x
Mon, 03 May 2021S$733.0bS$458.1bS$16.3b15x45.1x1.6x
Thu, 04 Feb 2021S$673.2bS$435.8bS$10.1b15.4x66.4x1.5x
Sun, 08 Nov 2020S$573.0bS$449.0bS$18.1b13.6x31.7x1.3x
Sat, 01 Aug 2020S$580.8bS$460.7bS$25.9b13.3x22.4x1.3x
Price to Earnings Ratio

14.8x


Total Market Cap: S$565.1bTotal Earnings: S$38.2bTotal Revenue: S$482.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Market Price to Earnings3Y Average 25.8x202120222023
Current Market PE
  • Investors are pessimistic on the Singaporean market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 11.9x which is lower than its 3-year average PE of 25.8x.
Past Earnings Growth
  • The earnings for Singaporean listed companies have grown 14% per year over the last three years.
  • Revenues for these companies have grown 6.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Singaporean Market?

SG Market-1.80%
Utilities1.33%
Tech1.26%
Consumer Discretionary-0.17%
Materials-0.68%
Financials-1.19%
Real Estate-1.72%
Consumer Staples-2.58%
Energy-2.59%
Telecom-2.74%
Healthcare-2.86%
Industrials-2.91%
Sector PE
  • Investors favour the Consumer Discretionary sector the most for future growth which is trading above its 3-year average PE ratio.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.5%, which is higher than its past year's earnings growth of 5.7% per year.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 6.8x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings growth rate of 5.7% per year.
  • In contrast, the Real Estate sector is expected to see its earnings grow by 3.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
O39 Oversea-Chinese BankingS$12.270.6%
+S$301.5m
3.0%PB1xFinancials
U96 Sembcorp IndustriesS$5.033.1%
+S$268.2m
77.7%PE12.8xUtilities
U11 United Overseas BankS$27.950.4%
+S$193.1m
-3.8%PB1.2xFinancials
G13 Genting SingaporeS$1.011.0%
+S$120.7m
27.8%PE35.9xConsumer Discretionary
AWX AEM HoldingsS$3.6011.8%
+S$117.4m
-20.2%PE10.9xTech
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AWX

S$3.60

AEM Holdings

7D

11.8%

1Y

-20.2%

U11

S$27.95

United Overseas Bank

7D

0.4%

1Y

-3.8%

9CI

S$3.31

CapitaLand Investment

7D

-5.7%

1Y

-15.1%

U96

S$5.03

Sembcorp Industries

7D

3.1%

1Y

77.7%

O39

S$12.27

Oversea-Chinese Banking

7D

0.6%

1Y

3.0%

BUOU

S$1.24

Frasers Logistics & Commercial Trust

7D

2.5%

1Y

-9.5%

F34

S$3.91

Wilmar International

7D

-2.3%

1Y

-6.9%

U14

S$6.35

UOL Group

7D

-6.9%

1Y

-13.8%

AJBU

S$2.09

Keppel DC REIT

7D

2.0%

1Y

2.5%