Envictus International Holdings' (SGX:BQD) Weak Earnings May Only Reveal A Part Of The Whole Picture
Feb 19
Have your own idea? Try our Stock Screener
Singaporean (SGX) Consumer Discretionary Sector Analysis
UpdatedMar 29, 2026
DataAggregated Company Financials
Companies66
- 7D-1.0%
- 3M-2.4%
- 1Y10.7%
- YTD-2.3%
Over the last 7 days, the Consumer Discretionary industry has dropped 1.0%, driven by declines in Hotel Properties and Genting Singapore of 2.4% and 0.7%, respectively. This takes the industry's 12 month performance to a gain of 11%. As for the next few years, earnings are expected to grow by 8.5% 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 |
|---|---|---|---|---|---|---|
| Sun, 29 Mar 2026 | S$20.3b | S$13.9b | S$830.0m | 13.8x | 24.5x | 1.5x |
| Tue, 24 Feb 2026 | S$22.7b | S$13.3b | S$889.9m | 17x | 25.5x | 1.7x |
| Thu, 22 Jan 2026 | S$21.1b | S$13.3b | S$895.4m | 15.4x | 23.6x | 1.6x |
| Sat, 20 Dec 2025 | S$24.8b | S$13.8b | S$818.6m | 14.8x | 30.3x | 1.8x |
| Mon, 17 Nov 2025 | S$25.5b | S$13.8b | S$835.2m | 15.1x | 30.6x | 1.9x |
| Wed, 15 Oct 2025 | S$23.2b | S$13.7b | S$845.5m | 12.7x | 27.5x | 1.7x |
| Fri, 12 Sep 2025 | S$23.4b | S$13.7b | S$855.4m | 11.6x | 27.3x | 1.7x |
| Sun, 10 Aug 2025 | S$23.1b | S$13.8b | S$684.7m | 12.8x | 33.7x | 1.7x |
| Tue, 08 Jul 2025 | S$21.9b | S$13.9b | S$825.2m | 10.9x | 26.6x | 1.6x |
| Thu, 05 Jun 2025 | S$21.1b | S$14.0b | S$839.0m | 12.3x | 25.2x | 1.5x |
| Sat, 03 May 2025 | S$20.7b | S$14.0b | S$1.1b | 11.7x | 19.1x | 1.5x |
| Mon, 31 Mar 2025 | S$20.7b | S$13.7b | S$1.1b | 11.3x | 19.7x | 1.5x |
| Wed, 26 Feb 2025 | S$20.6b | S$13.5b | S$1.3b | 10.6x | 15.3x | 1.5x |
| Fri, 24 Jan 2025 | S$20.6b | S$13.7b | S$1.4b | 10.9x | 14.8x | 1.5x |
| Sun, 22 Dec 2024 | S$20.8b | S$13.7b | S$1.4b | 11.6x | 15.1x | 1.5x |
| Tue, 19 Nov 2024 | S$21.3b | S$13.7b | S$1.4b | 10.8x | 15.5x | 1.6x |
| Thu, 17 Oct 2024 | S$22.4b | S$13.8b | S$1.4b | 11.4x | 16.2x | 1.6x |
| Sat, 14 Sep 2024 | S$22.2b | S$13.8b | S$1.4b | 11.4x | 16x | 1.6x |
| Mon, 12 Aug 2024 | S$22.1b | S$13.4b | S$1.3b | 12x | 17.1x | 1.6x |
| Wed, 10 Jul 2024 | S$22.6b | S$13.4b | S$1.3b | 12.2x | 17.7x | 1.7x |
| Fri, 07 Jun 2024 | S$23.2b | S$12.8b | S$1.3b | 12.6x | 17.9x | 1.8x |
| Sun, 05 May 2024 | S$23.1b | S$12.8b | S$1.5b | 10.8x | 15.5x | 1.8x |
| Tue, 02 Apr 2024 | S$22.9b | S$12.8b | S$1.5b | 10.7x | 15.3x | 1.8x |
| Thu, 29 Feb 2024 | S$22.7b | S$12.8b | S$1.8b | 11.1x | 12.8x | 1.8x |
| Sat, 27 Jan 2024 | S$24.4b | S$12.7b | S$1.2b | 12.3x | 20.9x | 1.9x |
| Mon, 25 Dec 2023 | S$24.1b | S$12.7b | S$1.2b | 12.6x | 20.5x | 1.9x |
| Wed, 22 Nov 2023 | S$23.7b | S$12.6b | S$1.2b | 11.7x | 20.2x | 1.9x |
| Fri, 20 Oct 2023 | S$22.4b | S$12.4b | S$1.2b | 11.6x | 19.3x | 1.8x |
| Sun, 17 Sep 2023 | S$23.4b | S$12.4b | S$1.2b | 13.2x | 20.2x | 1.9x |
| Tue, 15 Aug 2023 | S$24.6b | S$12.4b | S$1.1b | 12.3x | 21.4x | 2x |
| Thu, 13 Jul 2023 | S$24.6b | S$11.8b | S$1.0b | 11.5x | 23.8x | 2.1x |
| Sat, 10 Jun 2023 | S$24.4b | S$11.8b | S$1.0b | 10.9x | 23.5x | 2.1x |
| Mon, 08 May 2023 | S$26.5b | S$11.6b | S$849.3m | 11.2x | 31.2x | 2.3x |
| Wed, 05 Apr 2023 | S$27.3b | S$11.6b | S$849.5m | 11.7x | 32.2x | 2.3x |
Price to Earnings Ratio
32.2x
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 24.5x 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 | -1.01% | |
| Consumer Discretionary | -1.00% | |
| Consumer Durables | 3.06% | |
| Auto Components | 0% | 0 |
| Leisure | 0% | 0 |
| Luxury | 0% | 0 |
| Online Retail and Ecommerce | 0% | 0 |
| Hospitality | -0.73% | |
| Specialty Stores | -1.36% | |
| Retail Distributors | -1.96% | |
| General Merchandise and Department Stores | -3.50% | |
| Consumer Services | -4.09% | |
Industry PE
- Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 17.9x.
- 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 | |
|---|---|---|---|---|---|
| B58 Banyan Tree Holdings | S$0.59 | 4.4% +S$21.7m | 63.0% | PE12.1x | |
| H18 Hotel Grand Central | S$0.71 | 3.6% +S$18.5m | 0% | PS3.6x | |
| 5BI Polaris | S$0.002 | 100.0% +S$17.1m | 100.0% | PS1.3x | |
| BQD Envictus International Holdings | S$0.39 | 11.4% +S$12.2m | 32.2% | PE13.8x | |
| AGS Hour Glass | S$2.29 | 0.4% +S$6.1m | 46.8% | PE9.8x |
