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Sep 19
Singaporean (SGX) Hospitality Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies33
- 7D-2.1%
- 3M-6.5%
- 1Y1.5%
- YTD-8.4%
Over the last 7 days, the Hospitality industry has dropped 2.1%, driven by Genting Singapore declining 4.5%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 18% per annum.
Industry Valuation and Performance
Has the Singaporean Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | S$18.4b | S$5.7b | S$740.4m | 19x | 24.9x | 3.2x |
| Thu, 24 Aug 2023 | S$19.4b | S$5.7b | S$743.3m | 19.1x | 26.1x | 3.4x |
| Sat, 22 Jul 2023 | S$19.7b | S$5.0b | S$570.8m | 18.9x | 34.5x | 4x |
| Mon, 19 Jun 2023 | S$20.3b | S$5.0b | S$570.8m | 18x | 35.6x | 4.1x |
| Wed, 17 May 2023 | S$20.9b | S$4.9b | S$394.1m | 15.3x | 53.1x | 4.3x |
| Fri, 14 Apr 2023 | S$22.6b | S$4.9b | S$375.9m | 21.1x | 60.2x | 4.7x |
| Sun, 12 Mar 2023 | S$21.1b | S$4.9b | S$383.6m | 21.2x | 55x | 4.3x |
| Tue, 07 Feb 2023 | S$20.8b | S$4.0b | S$187.7m | 14.4x | 110.6x | 5.2x |
| Thu, 05 Jan 2023 | S$19.9b | S$3.9b | S$180.0m | 14.9x | 110.6x | 5x |
| Sat, 03 Dec 2022 | S$18.7b | S$3.9b | S$168.0m | 15.5x | 111.3x | 4.8x |
| Mon, 31 Oct 2022 | S$17.3b | S$3.8b | S$211.2m | 22.9x | 81.8x | 4.5x |
| Wed, 28 Sep 2022 | S$18.0b | S$3.8b | S$234.9m | 20.3x | 76.5x | 4.7x |
| Fri, 26 Aug 2022 | S$18.3b | S$3.8b | S$236.0m | 20.8x | 77.8x | 4.8x |
| Sun, 24 Jul 2022 | S$18.3b | S$3.4b | S$43.0m | 23.3x | 424.2x | 5.4x |
| Tue, 21 Jun 2022 | S$17.3b | S$3.4b | S$43.3m | 22.7x | 399.3x | 5.1x |
| Thu, 19 May 2022 | S$18.2b | S$3.4b | S$28.2m | 26.7x | 646.7x | 5.4x |
| Sat, 16 Apr 2022 | S$18.9b | S$3.6b | S$43.3m | 26.6x | 437.5x | 5.3x |
| Mon, 14 Mar 2022 | S$18.3b | S$3.6b | S$40.7m | 25.1x | 450.9x | 5.1x |
| Wed, 09 Feb 2022 | S$18.4b | S$3.4b | -S$306,276,002.00 | 17.7x | -60x | 5.5x |
| Fri, 07 Jan 2022 | S$18.7b | S$3.3b | -S$300,616,269.00 | 17x | -62.3x | 5.6x |
| Sun, 05 Dec 2021 | S$18.4b | S$3.3b | -S$301,073,254.00 | 18.3x | -61.2x | 5.5x |
| Tue, 02 Nov 2021 | S$18.9b | S$3.3b | -S$319,854,169.00 | 20.3x | -59.1x | 5.7x |
| Thu, 30 Sep 2021 | S$17.6b | S$3.3b | -S$323,283,285.00 | 20.2x | -54.4x | 5.3x |
| Sat, 28 Aug 2021 | S$18.6b | S$3.3b | -S$324,508,377.21 | 21x | -57.2x | 5.7x |
| Sun, 04 Jul 2021 | S$19.1b | S$3.3b | -S$324,508,377.21 | 21x | -58.7x | 5.8x |
| Wed, 07 Apr 2021 | S$19.6b | S$3.2b | -S$619,913,134.42 | 20.4x | -31.6x | 6.1x |
| Sat, 09 Jan 2021 | S$18.3b | S$3.2b | -S$954,289,157.36 | 22.7x | -19.2x | 5.8x |
| Fri, 02 Oct 2020 | S$15.9b | S$3.9b | -S$620,596,028.84 | 22.6x | -25.6x | 4x |
Price to Earnings Ratio
-25.6x
Current Industry PE
- Investors are pessimistic on the Singaporean Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 24.9x which is lower than its 3-year average PE of 67.9x.
- The 3-year average PS ratio of 5.1x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 13% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Singaporean Consumer Discretionary industry?
| SG Market | -1.17% | |
| Consumer Discretionary | -1.67% | |
| Hospitality | -2.13% | |
| Leisure Facilities | 1.19% | |
| Restaurants | -0.22% | |
| Hotels, Resorts and Cruise Lines | -0.78% | |
| Casinos and Gaming | -3.45% | |
Industry PE
- Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 47.4%, which is lower than the prior year's growth of 213.2% per year.
- Investors are most pessimistic about the Restaurants industry, which is trading below its 3-year average of 35.6x.
Forecasted Growth
- Analysts are most optimistic on the Hotels, Resorts and Cruise Lines industry, expecting annual earnings growth of 47% over the next 5 years.
- However this is lower than its past earnings growth rate of 213% per year.
- In contrast, the Restaurants industry is expected to see its earnings grow by 2.3% 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 | |
|---|---|---|---|---|---|
| M04 Mandarin Oriental International | US$1.67 | 0.6% +US$12.6m | -14.4% | PS4.1x | |
| S85 Straco | S$0.46 | 4.6% +S$17.1m | 11.0% | PE96.5x | |
| H12 Hotel Royal | S$2.04 | 3.6% +S$8.5m | -29.4% | PE103.9x | |
| H07 Stamford Land | S$0.38 | 1.3% +S$7.5m | -1.3% | PE3.7x | |
| YK9 YKGI | S$0.12 | 15.4% +S$6.8m | n/a | PE22x |
