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Singaporean (SGX) Consumer Staples Sector Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies36
  • 7D-1.3%
  • 3M-2.8%
  • 1Y-8.9%
  • YTD-6.4%

Over the last 7 days, the Consumer Staples industry has dropped 1.3%, driven by declines in Wilmar International and Thai Beverage of 1.7% and 2.4%, respectively. Meanwhile, Best World International actually outperformed within the industry, gaining 5.3% in the last week. The industry has fallen 8.9% in the last year. Earnings are forecast to grow by 2.9% annually.

Sector Valuation and Performance

Has the Singaporean Consumer Staples Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022S$66.9bS$216.8bS$7.8b9.3x8.6x0.3x
Wed, 26 Oct 2022S$59.4bS$219.0bS$7.4b9x8x0.3x
Fri, 23 Sep 2022S$66.2bS$218.7bS$7.4b9x9x0.3x
Sun, 21 Aug 2022S$69.3bS$216.5bS$7.4b8.5x9.4x0.3x
Tue, 19 Jul 2022S$67.8bS$200.2bS$6.5b9.6x10.4x0.3x
Thu, 16 Jun 2022S$69.4bS$199.9bS$6.5b9.6x10.7x0.3x
Sat, 14 May 2022S$71.1bS$198.9bS$6.3b9.5x11.4x0.4x
Mon, 11 Apr 2022S$77.1bS$196.3bS$6.2b10.6x12.4x0.4x
Wed, 09 Mar 2022S$75.5bS$196.3bS$6.2b9.8x12.2x0.4x
Fri, 04 Feb 2022S$71.2bS$175.9bS$5.6b13.1x12.7x0.4x
Sun, 02 Jan 2022S$70.0bS$175.9bS$5.6b13.7x12.5x0.4x
Tue, 30 Nov 2021S$71.7bS$177.9bS$5.6b13.7x12.7x0.4x
Thu, 28 Oct 2021S$75.4bS$174.3bS$5.5b13.1x13.8x0.4x
Sat, 25 Sep 2021S$70.1bS$174.3bS$5.5b12.8x12.9x0.4x
Mon, 23 Aug 2021S$71.7bS$175.8bS$5.7b12.5x12.6x0.4x
Sat, 10 Jul 2021S$74.8bS$175.7bS$5.7b14.2x13.2x0.4x
Fri, 02 Apr 2021S$82.1bS$166.8bS$5.3b15.1x15.5x0.5x
Mon, 04 Jan 2021S$74.7bS$156.7bS$4.8b13.8x15.5x0.5x
Thu, 08 Oct 2020S$66.5bS$154.3bS$4.8b11.9x13.8x0.4x
Wed, 01 Jul 2020S$68.5bS$151.2bS$4.5b12.1x15.2x0.5x
Sat, 04 Apr 2020S$59.0bS$149.9bS$4.3b12.1x13.6x0.4x
Tue, 07 Jan 2020S$79.3bS$144.1bS$4.3b18.3x18.5x0.6x
Price to Earnings Ratio

22.5x


Total Market Cap: S$78.7bTotal Earnings: S$3.5bTotal Revenue: S$146.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Consumer Staples Sector Price to Earnings3Y Average 13.8x202020212022
Current Industry PE
  • Investors are pessimistic on the Singaporean Consumer Staples 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 8.6x which is lower than its 3-year average PE of 13.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 30% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Singaporean Consumer Staples sector?

SG Market-0.57%
Consumer Staples-1.28%
Personal Products5.26%
Tobacco0%
Household Products0%
Food and Staples Retail-0.93%
Food-1.07%
Beverage-2.40%
Industry PE
  • Investors are most optimistic about the Food and Staples Retail industry even though it's trading below its 3-year average PE ratio of 20.4x.
    • Analysts are expecting annual earnings growth of 51.3%, which is higher than its past year's earnings decline of 17.8% per year.
  • Investors are most pessimistic about the Personal Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Food and Staples Retail industry, expecting annual earnings growth of 51% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Food industry is expected to see its earnings decline by 7.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CGN Best World InternationalS$1.805.3%
+S$35.1m
n/aPE5.6x
P8Z Bumitama AgriS$0.622.5%
+S$26.0m
6.9%PE3.6x
F03 Food Empire HoldingsS$0.647.6%
+S$24.1m
-18.1%PE7x
OV8 Sheng Siong GroupS$1.620.6%
+S$15.0m
10.2%PE18.4x
F99 Fraser and NeaveS$1.250.8%
+S$14.5m
-12.6%PE14.7x
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5ML

S$0.67

Old Chang Kee

7D

4.7%

1Y

-4.3%

CGN

S$1.80

Best World International

7D

5.3%

1Y

n/a

MV4

S$0.31

Mewah International

7D

-6.1%

1Y

-19.5%

P34

S$0.78

Delfi

7D

1.3%

1Y

3.3%

F03

S$0.64

Food Empire Holdings

7D

7.6%

1Y

-18.1%

F34

S$4.05

Wilmar International

7D

-1.7%

1Y

-4.0%

EB5

S$1.65

First Resources

7D

-0.6%

1Y

11.5%

5JS

S$0.30

Indofood Agri Resources

7D

-1.6%

1Y

-7.6%

P8Z

S$0.62

Bumitama Agri

7D

2.5%

1Y

6.9%

Y03

S$0.67

Yeo Hiap Seng

7D

-1.5%

1Y

-23.9%

OV8

S$1.62

Sheng Siong Group

7D

0.6%

1Y

10.2%

OTS

S$0.20

OTS Holdings

7D

-7.0%

1Y

-27.3%