Take Care Before Jumping Onto Pavillon Holdings Ltd. (SGX:596) Even Though It's 38% Cheaper
May 04
Singaporean (SGX) Hospitality Industry Analysis
UpdatedMay 04, 2024
DataAggregated Company Financials
Companies32
- 7D-2.0%
- 3M-5.6%
- 1Y-11.8%
- YTD-6.2%
Over the last 7 days, the Hospitality industry has dropped 2.0%, driven by Genting Singapore declining 3.3%. The industry has fallen 12% in the last year. Looking forward, earnings are forecast to grow by 8.2% annually.
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 |
|---|---|---|---|---|---|---|
| Sun, 05 May 2024 | S$19.1b | S$6.2b | S$1.1b | 17.2x | 16.8x | 3.1x |
| Tue, 02 Apr 2024 | S$19.0b | S$6.2b | S$1.1b | 16x | 16.7x | 3.1x |
| Thu, 29 Feb 2024 | S$18.9b | S$6.1b | S$1.4b | 18.4x | 13.6x | 3.1x |
| Sat, 27 Jan 2024 | S$20.3b | S$5.7b | S$763.4m | 19.3x | 26.6x | 3.5x |
| Mon, 25 Dec 2023 | S$19.9b | S$5.7b | S$763.5m | 19.3x | 26x | 3.5x |
| Wed, 22 Nov 2023 | S$19.5b | S$5.7b | S$758.9m | 19.5x | 25.6x | 3.4x |
| Fri, 20 Oct 2023 | S$18.0b | S$5.7b | S$740.6m | 18.8x | 24.3x | 3.2x |
| Sun, 17 Sep 2023 | S$18.8b | S$5.7b | S$740.4m | 19.3x | 25.4x | 3.3x |
| Tue, 15 Aug 2023 | S$19.8b | S$5.6b | S$696.8m | 18.9x | 28.5x | 3.6x |
| Thu, 13 Jul 2023 | S$19.7b | S$5.0b | S$570.7m | 17.3x | 34.6x | 4x |
| Sat, 10 Jun 2023 | S$19.7b | S$5.0b | S$570.8m | 17x | 34.5x | 4x |
| Mon, 08 May 2023 | S$21.7b | S$4.9b | S$381.6m | 17.5x | 56.9x | 4.5x |
| Wed, 05 Apr 2023 | S$22.5b | S$4.9b | S$383.4m | 20.7x | 58.6x | 4.6x |
| Fri, 03 Mar 2023 | S$21.1b | S$4.8b | S$414.9m | 24.1x | 50.9x | 4.4x |
| Sun, 29 Jan 2023 | S$20.5b | S$3.9b | S$180.1m | 15x | 114x | 5.2x |
| Tue, 27 Dec 2022 | S$19.7b | S$3.9b | S$179.9m | 15.7x | 109.4x | 5x |
| Thu, 24 Nov 2022 | S$18.3b | S$3.9b | S$169.9m | 15.2x | 107.9x | 4.7x |
| Sat, 22 Oct 2022 | S$17.4b | S$3.8b | S$211.1m | 21.9x | 82.2x | 4.5x |
| Mon, 19 Sep 2022 | S$18.3b | S$3.8b | S$235.1m | 20.5x | 78x | 4.8x |
| Wed, 17 Aug 2022 | S$18.2b | S$3.8b | S$236.0m | 20.8x | 77.2x | 4.8x |
| Fri, 15 Jul 2022 | S$17.4b | S$3.4b | S$44.0m | 23x | 396.9x | 5.1x |
| Sun, 12 Jun 2022 | S$18.1b | S$3.4b | S$43.4m | 22.9x | 417.9x | 5.3x |
| Tue, 10 May 2022 | S$18.4b | S$3.4b | S$28.7m | 26.7x | 638.8x | 5.5x |
| Thu, 07 Apr 2022 | S$19.3b | S$3.6b | S$47.1m | 25.5x | 409.7x | 5.4x |
| Sat, 05 Mar 2022 | S$18.5b | S$3.6b | S$40.7m | 25.2x | 453.7x | 5.2x |
| Mon, 31 Jan 2022 | S$17.7b | S$3.4b | -S$306,314,703.00 | 17.8x | -57.8x | 5.3x |
| Wed, 29 Dec 2021 | S$18.5b | S$3.3b | -S$300,609,654.00 | 17.7x | -61.4x | 5.5x |
| Fri, 26 Nov 2021 | S$19.4b | S$3.3b | -S$306,770,376.00 | 18x | -63.3x | 5.8x |
| Sun, 24 Oct 2021 | S$18.8b | S$3.3b | -S$319,851,364.00 | 20.6x | -58.8x | 5.7x |
| Tue, 21 Sep 2021 | S$17.7b | S$3.3b | -S$324,395,256.00 | 20x | -54.6x | 5.4x |
| Thu, 19 Aug 2021 | S$18.6b | S$3.3b | -S$324,508,377.21 | 20.8x | -57.3x | 5.7x |
| Thu, 03 Jun 2021 | S$18.9b | S$3.2b | -S$619,913,134.42 | 19.3x | -30.5x | 5.9x |
Price to Earnings Ratio
-30.5x
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 16.8x which is lower than its 3-year average PE of 79.7x.
- The 3-year average PS ratio of 4.6x is higher than the industry's current PS ratio of 3.1x.
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 25% 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 | 0.041% | |
| Consumer Discretionary | -1.62% | |
| Hospitality | -1.95% | |
| Hotels, Resorts and Cruise Lines | 0.32% | |
| Leisure Facilities | -0.075% | |
| Casinos and Gaming | -3.26% | |
| Restaurants | -5.76% | |
Industry PE
- Investors are most optimistic about the Hotels, Resorts and Cruise Lines industry which is trading above its 3-year average PE ratio of 0.35x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Leisure Facilities industry, which is trading below its 3-year average of 164x.
Forecasted Growth
- Analysts are most optimistic on the Restaurants industry, expecting annual earnings growth of 8.5% over the next 5 years.
- This is better than its past earnings decline of 23% per year.
- In contrast, the Casinos and Gaming industry is expected to see its earnings grow by 8.2% 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 | |
|---|---|---|---|---|---|
| H15 Hotel Properties | S$3.60 | 0.8% +S$15.6m | 1.1% | PE3.4x | |
| B58 Banyan Tree Holdings | S$0.40 | 3.9% +S$13.0m | 6.8% | PE10.8x | |
| A34 Amara Holdings | S$0.61 | 3.4% +S$11.5m | 82.1% | PE48.9x | |
| 1D0 Kimly | S$0.31 | 1.6% +S$6.2m | -10.1% | PE10.6x | |
| 1G1 RE&S Holdings | S$0.22 | 4.8% +S$3.5m | -17.0% | PE17.2x |
