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Singaporean (SGX) Consumer Discretionary Sector Analysis
UpdatedMar 12, 2026
DataAggregated Company Financials
Companies67
- 7D0.2%
- 3M0.8%
- 1Y15.0%
- YTD-0.2%
Over the last 7 days, the Consumer Discretionary industry has dropped 2.5%, driven by Aspial Lifestyle declining 9.6%. This takes the industry's 12 month performance to a gain of 15%. As for the next few years, earnings are expected to grow by 8.6% per annum.
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 |
|---|---|---|---|---|---|---|
| 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 |
| Mon, 26 Jun 2023 | S$24.5b | S$11.8b | S$1.0b | 11.2x | 23.7x | 2.1x |
| Wed, 24 May 2023 | S$25.4b | S$11.7b | S$862.4m | 11.9x | 29.4x | 2.2x |
| Fri, 21 Apr 2023 | S$27.1b | S$11.7b | S$848.1m | 11x | 31.9x | 2.3x |
| Sun, 19 Mar 2023 | S$25.3b | S$11.2b | S$822.6m | 12x | 30.8x | 2.3x |
Price to Earnings Ratio
30.8x
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 25.0x which is higher than its 3-year average PE of 21.8x.
- 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 | 1.25% | |
| Consumer Discretionary | 0.23% | |
| Retail Distributors | 3.86% | |
| Specialty Stores | 0.64% | |
| Hospitality | 0.21% | |
| Luxury | 0.099% | |
| Auto Components | 0% | 0 |
| Leisure | 0% | 0 |
| Online Retail and Ecommerce | 0% | 0 |
| General Merchandise and Department Stores | -1.61% | |
| Consumer Durables | -5.57% | |
| Consumer Services | -5.72% | |
Industry PE
- Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 17.3x.
- 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 | |
|---|---|---|---|---|---|
| G13 Genting Singapore | S$0.68 | 0.7% +S$58.4m | -6.2% | PE21x | |
| AGS Hour Glass | S$2.29 | 2.2% +S$32.0m | 44.9% | PE9.8x | |
| 5WJ MoneyMax Financial Services | S$0.82 | 3.8% +S$26.5m | 315.2% | PE10.1x | |
| O08 Ossia International | S$0.18 | 46.0% +S$14.7m | 27.8% | PE9.3x | |
| A30 Aspial | S$0.12 | 5.3% +S$13.3m | 77.6% | PE12.3x |