Analysis Article • Jul 08
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Singaporean (SGX) Consumer Discretionary Sector Analysis
UpdatedJul 22, 2026
DataAggregated Company Financials
Companies66
- 7D0.9%
- 3M-6.7%
- 1Y0.9%
- YTD-2.2%
Over the last 7 days, the Consumer Discretionary industry has remained flat, although notably Hour Glass gained 7.4%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 5.4% annually.
Sector Valuation and Performance
Has the Singaporean Consumer Discretionary Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Jul 2026 | S$21.2b | S$14.6b | S$990.5m | 13.6x | 21.4x | 1.4x |
| Fri, 19 Jun 2026 | S$20.3b | S$14.1b | S$898.6m | 14.5x | 22.6x | 1.4x |
| Sun, 17 May 2026 | S$20.2b | S$13.9b | S$829.0m | 14.9x | 24.4x | 1.5x |
| Tue, 14 Apr 2026 | S$20.7b | S$13.9b | S$829.9m | 14.6x | 25x | 1.5x |
| Thu, 12 Mar 2026 | S$20.8b | S$13.9b | S$829.6m | 15.2x | 25x | 1.5x |
| Sat, 07 Feb 2026 | S$21.6b | S$13.3b | S$895.6m | 15.2x | 24.1x | 1.6x |
| Mon, 05 Jan 2026 | S$25.0b | S$13.8b | S$818.6m | 14.8x | 30.5x | 1.8x |
| Wed, 03 Dec 2025 | S$25.0b | S$13.8b | S$820.1m | 14.8x | 30.5x | 1.8x |
| Fri, 31 Oct 2025 | S$24.8b | S$13.7b | S$845.8m | 12.9x | 29.3x | 1.8x |
| Sun, 28 Sep 2025 | S$23.2b | S$13.7b | S$852.1m | 12.6x | 27.2x | 1.7x |
| Tue, 26 Aug 2025 | S$23.2b | S$13.7b | S$828.4m | 11.8x | 28x | 1.7x |
| Thu, 24 Jul 2025 | S$23.0b | S$13.9b | S$820.9m | 12.2x | 28x | 1.6x |
| Sat, 21 Jun 2025 | S$21.1b | S$13.9b | S$830.3m | 11x | 25.4x | 1.5x |
| Mon, 19 May 2025 | S$21.1b | S$14.0b | S$1.1b | 11.8x | 19.6x | 1.5x |
| Wed, 16 Apr 2025 | S$19.8b | S$13.8b | S$1.1b | 11.4x | 18.6x | 1.4x |
| Fri, 14 Mar 2025 | S$20.4b | S$13.7b | S$1.1b | 11.5x | 19.5x | 1.5x |
| Sun, 09 Feb 2025 | S$20.6b | S$13.7b | S$1.4b | 11.4x | 14.8x | 1.5x |
| Tue, 07 Jan 2025 | S$21.1b | S$13.7b | S$1.4b | 11.6x | 15.4x | 1.5x |
| Thu, 05 Dec 2024 | S$21.1b | S$13.7b | S$1.4b | 10.9x | 15.4x | 1.5x |
| Sat, 02 Nov 2024 | S$22.1b | S$13.6b | S$1.4b | 10.9x | 16.2x | 1.6x |
| Mon, 30 Sep 2024 | S$22.8b | S$13.8b | S$1.4b | 11x | 16.4x | 1.7x |
| Wed, 28 Aug 2024 | S$22.1b | S$13.8b | S$1.4b | 12x | 15.8x | 1.6x |
| Fri, 26 Jul 2024 | S$22.7b | S$13.4b | S$1.3b | 12.4x | 17.5x | 1.7x |
| Sun, 23 Jun 2024 | S$23.1b | S$12.8b | S$1.3b | 12.6x | 17.8x | 1.8x |
| Tue, 21 May 2024 | S$23.4b | S$12.8b | S$1.5b | 11.4x | 15.7x | 1.8x |
| Thu, 18 Apr 2024 | S$23.2b | S$12.8b | S$1.5b | 11x | 15.5x | 1.8x |
| Sat, 16 Mar 2024 | S$22.5b | S$12.8b | S$1.5b | 10.8x | 15x | 1.8x |
| Mon, 12 Feb 2024 | S$24.1b | S$12.3b | S$1.2b | 11.8x | 20.8x | 2x |
| Wed, 10 Jan 2024 | S$24.5b | S$12.7b | S$1.2b | 12.2x | 20.8x | 1.9x |
| Fri, 08 Dec 2023 | S$23.9b | S$12.7b | S$1.2b | 12.2x | 20.3x | 1.9x |
| Sun, 05 Nov 2023 | S$23.0b | S$12.4b | S$1.2b | 11.6x | 19.8x | 1.9x |
| Tue, 03 Oct 2023 | S$23.3b | S$12.4b | S$1.2b | 12.2x | 20.1x | 1.9x |
| Thu, 31 Aug 2023 | S$23.8b | S$12.4b | S$1.2b | 13.5x | 20.6x | 1.9x |
| Sat, 29 Jul 2023 | S$24.6b | S$11.8b | S$1.0b | 12x | 23.9x | 2.1x |
Price to Earnings Ratio
23.9x
Current Industry PE
- Investors are relatively neutral on the Singaporean Consumer Discretionary industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 21.3x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Consumer Discretionary industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Singaporean Consumer Discretionary sector?
| SG Market | 1.02% | |
| Consumer Discretionary | 0.88% | |
| Consumer Services | 6.19% | |
| Specialty Stores | 4.34% | |
| General Merchandise and Department Stores | 2.21% | |
| Auto Components | 0% | 0 |
| Online Retail and Ecommerce | 0% | 0 |
| Hospitality | -0.42% | |
| Leisure | -1.07% | |
| Retail Distributors | -1.94% | |
| Luxury | -6.50% | |
| Consumer Durables | -7.79% | |
Industry PE
- Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 22.0x.
- Analysts are expecting annual earnings growth of 7.4%, which is lower than the prior year's growth of 8,747.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 8.1% over the next 5 years.
- This is better than its past earnings decline of 7.9% per year.
- In contrast, the Retail Distributors industry is expected to see its earnings decline by 109% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AGS Hour Glass | S$2.74 | 5.0% +S$83.2m | 35.0% | PE9.8x | |
| G13 Genting Singapore | S$0.63 | 0.8% +S$60.4m | -16.0% | PE19.5x | |
| 5WJ MoneyMax Financial Services | S$0.81 | 7.9% +S$56.2m | 152.7% | PE10.7x | |
| 5UF Aspial Lifestyle | S$0.37 | 7.2% +S$50.0m | 172.1% | PE9.2x | |
| C41 Cortina Holdings | S$4.05 | 8.0% +S$49.7m | 8.0% | PE10.4x |