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Singaporean (SGX) Consumer Discretionary Sector Analysis
UpdatedMar 23, 2026
DataAggregated Company Financials
Companies67
- 7D0.2%
- 3M-0.9%
- 1Y11.1%
- YTD-1.4%
The Consumer Discretionary is pretty flat in the last 7 days, but Aspial has stood out, gaining 7.1%. As for the the longer term, the industry is up 11% over the past 12 months. Earnings are forecast to grow by 8.4% 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 |
|---|---|---|---|---|---|---|
| Tue, 24 Mar 2026 | S$20.6b | S$13.9b | S$829.7m | 14.6x | 24.8x | 1.5x |
| Thu, 19 Feb 2026 | S$22.1b | S$13.3b | S$890.1m | 16.2x | 24.8x | 1.7x |
| Sat, 17 Jan 2026 | S$25.3b | S$13.8b | S$805.9m | 15x | 31.4x | 1.8x |
| Mon, 15 Dec 2025 | S$24.6b | S$13.8b | S$818.4m | 14.7x | 30.1x | 1.8x |
| Wed, 12 Nov 2025 | S$25.7b | S$13.8b | S$849.8m | 14.8x | 30.2x | 1.9x |
| Fri, 10 Oct 2025 | S$23.4b | S$13.7b | S$845.8m | 12.7x | 27.7x | 1.7x |
| Sun, 07 Sep 2025 | S$23.2b | S$13.7b | S$855.4m | 11.6x | 27.2x | 1.7x |
| Tue, 05 Aug 2025 | S$23.2b | S$13.9b | S$809.1m | 12.7x | 28.7x | 1.7x |
| Thu, 03 Jul 2025 | S$21.6b | S$13.9b | S$830.2m | 10.4x | 26.1x | 1.6x |
| Sat, 31 May 2025 | S$21.1b | S$14.0b | S$842.0m | 12.3x | 25x | 1.5x |
| Mon, 28 Apr 2025 | S$20.5b | S$14.0b | S$1.1b | 11x | 19x | 1.5x |
| Wed, 26 Mar 2025 | S$20.7b | S$13.7b | S$1.1b | 11.7x | 19.6x | 1.5x |
| Fri, 21 Feb 2025 | S$21.0b | S$13.6b | S$1.4b | 10.9x | 14.9x | 1.5x |
| Sun, 19 Jan 2025 | S$20.7b | S$13.7b | S$1.4b | 11.2x | 14.9x | 1.5x |
| Tue, 17 Dec 2024 | S$20.9b | S$13.7b | S$1.4b | 11.7x | 15.2x | 1.5x |
| Thu, 14 Nov 2024 | S$21.1b | S$13.7b | S$1.4b | 11x | 15.3x | 1.5x |
| Sat, 12 Oct 2024 | S$22.7b | S$13.8b | S$1.4b | 11.1x | 16.5x | 1.7x |
| Mon, 09 Sep 2024 | S$22.3b | S$13.9b | S$1.4b | 11.3x | 16.1x | 1.6x |
| Wed, 07 Aug 2024 | S$21.9b | S$13.4b | S$1.3b | 11.7x | 17x | 1.6x |
| Fri, 05 Jul 2024 | S$22.6b | S$13.4b | S$1.3b | 12.7x | 17.7x | 1.7x |
| Sun, 02 Jun 2024 | S$23.4b | S$12.9b | S$1.3b | 11.7x | 17.9x | 1.8x |
| Tue, 30 Apr 2024 | S$23.4b | S$12.8b | S$1.5b | 10.5x | 15.7x | 1.8x |
| Thu, 28 Mar 2024 | S$22.7b | S$12.8b | S$1.5b | 10.9x | 15.2x | 1.8x |
| Sat, 24 Feb 2024 | S$23.2b | S$12.6b | S$1.2b | 13x | 18.7x | 1.8x |
| Mon, 22 Jan 2024 | S$24.1b | S$12.7b | S$1.2b | 11.8x | 20.7x | 1.9x |
| Wed, 20 Dec 2023 | S$24.2b | S$12.7b | S$1.2b | 12.5x | 20.6x | 1.9x |
| Fri, 17 Nov 2023 | S$24.2b | S$12.6b | S$1.2b | 11.8x | 20.6x | 1.9x |
| Sun, 15 Oct 2023 | S$22.7b | S$12.4b | S$1.2b | 12.5x | 19.6x | 1.8x |
| Tue, 12 Sep 2023 | S$23.7b | S$12.4b | S$1.2b | 13.1x | 20.5x | 1.9x |
| Thu, 10 Aug 2023 | S$24.3b | S$11.8b | S$973.1m | 11.8x | 24.9x | 2.1x |
| Sat, 08 Jul 2023 | S$24.5b | S$11.8b | S$1.0b | 11.2x | 23.7x | 2.1x |
| Mon, 05 Jun 2023 | S$25.0b | S$11.8b | S$1.0b | 11.3x | 24.4x | 2.1x |
| Wed, 03 May 2023 | S$26.9b | S$11.7b | S$849.5m | 11.2x | 31.7x | 2.3x |
| Fri, 31 Mar 2023 | S$26.3b | S$11.6b | S$849.5m | 11.6x | 31x | 2.3x |
Price to Earnings Ratio
31x
Current Industry PE
- Investors are optimistic on the Singaporean Consumer Discretionary industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.8x which is higher than its 3-year average PE of 21.7x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
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 6.0% 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 | 1.83% | |
| Consumer Discretionary | 0.19% | |
| Consumer Services | 3.89% | |
| Hospitality | 0.82% | |
| Auto Components | 0% | 0 |
| Consumer Durables | 0% | 0 |
| Online Retail and Ecommerce | 0% | 0 |
| Retail Distributors | -0.21% | |
| General Merchandise and Department Stores | -0.73% | |
| Specialty Stores | -2.15% | |
| Luxury | -2.42% | |
| Leisure | -3.37% | |
Industry PE
- Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 17.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Hospitality industry, expecting annual earnings growth of 12% over the next 5 years.
- This is better than its past earnings decline of 6.5% 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 | |
|---|---|---|---|---|---|
| A30 Aspial | S$0.12 | 7.1% +S$17.7m | 77.9% | PE12.5x | |
| NR7 Raffles Education | S$0.14 | 4.7% +S$10.7m | 229.3% | PE72.6x | |
| 5SO Duty Free International | S$0.08 | 11.1% +S$9.6m | 11.1% | PE15.3x | |
| 42R Jumbo Group | S$0.28 | 3.8% +S$6.0m | 1.9% | PE19.1x | |
| SJY MeGroup | S$0.16 | 12.7% +S$2.2m | 158.1% | PE42x |