Narrative Update • Jun 03

Over the last 7 days, the Beverage industry has dropped 4.4%, driven by Thai Beverage declining 4.4%. Meanwhile, Ascent Bridge actually outperformed within the industry, gaining 11% in the last week. The industry has fallen 8.6% in the last year. As for the next few years, earnings are expected to grow by 6.0% per annum.
Has the Singaporean Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | S$10.9b | S$13.0b | S$1.0b | 10.3x | 10.4x | 0.8x |
| Tue, 05 May 2026 | S$10.8b | S$13.1b | S$988.4m | 10.9x | 10.9x | 0.8x |
| Thu, 02 Apr 2026 | S$11.0b | S$13.2b | S$996.6m | 10.9x | 11x | 0.8x |
| Sat, 28 Feb 2026 | S$11.6b | S$13.6b | S$1.0b | 11.2x | 11.3x | 0.8x |
| Mon, 26 Jan 2026 | S$12.1b | S$13.8b | S$1.0b | 11.6x | 11.6x | 0.9x |
| Wed, 24 Dec 2025 | S$11.6b | S$13.8b | S$1.0b | 11x | 11.1x | 0.8x |
| Fri, 21 Nov 2025 | S$11.8b | S$13.8b | S$1.1b | 10.8x | 10.9x | 0.8x |
| Sun, 19 Oct 2025 | S$12.1b | S$13.6b | S$1.1b | 11.4x | 11.5x | 0.9x |
| Tue, 16 Sep 2025 | S$11.7b | S$13.8b | S$1.1b | 10.9x | 10.9x | 0.8x |
| Thu, 14 Aug 2025 | S$11.9b | S$13.6b | S$1.1b | 11.1x | 11.3x | 0.9x |
| Sat, 12 Jul 2025 | S$11.9b | S$13.5b | S$1.0b | 11.3x | 11.4x | 0.9x |
| Mon, 09 Jun 2025 | S$11.9b | S$13.5b | S$1.0b | 11.2x | 11.3x | 0.9x |
| Wed, 07 May 2025 | S$12.7b | S$13.5b | S$1.1b | 11.8x | 11.9x | 0.9x |
| Fri, 04 Apr 2025 | S$12.8b | S$13.3b | S$1.1b | 12.1x | 12.2x | 1x |
| Sun, 02 Mar 2025 | S$12.9b | S$13.5b | S$1.1b | 12.1x | 12.1x | 1x |
| Tue, 28 Jan 2025 | S$13.4b | S$13.6b | S$1.1b | 12.4x | 12.4x | 1x |
| Thu, 26 Dec 2024 | S$13.8b | S$13.5b | S$1.1b | 12.8x | 12.8x | 1x |
| Sat, 23 Nov 2024 | S$13.2b | S$10.9b | S$1.0b | 12.7x | 12.7x | 1.2x |
| Mon, 21 Oct 2024 | S$13.4b | S$11.0b | S$1.0b | 12.8x | 12.8x | 1.2x |
| Wed, 18 Sep 2024 | S$13.2b | S$10.8b | S$1.0b | 12.8x | 12.8x | 1.2x |
| Fri, 16 Aug 2024 | S$11.9b | S$10.5b | S$1.0b | 11.9x | 11.9x | 1.1x |
| Sun, 14 Jul 2024 | S$12.2b | S$10.3b | S$985.3m | 12.4x | 12.4x | 1.2x |
| Tue, 11 Jun 2024 | S$12.8b | S$10.2b | S$975.8m | 13.1x | 13.1x | 1.3x |
| Thu, 09 May 2024 | S$12.3b | S$10.2b | S$1.0b | 12.2x | 12.2x | 1.2x |
| Sat, 06 Apr 2024 | S$12.2b | S$10.3b | S$1.0b | 12.1x | 12.1x | 1.2x |
| Mon, 04 Mar 2024 | S$12.7b | S$10.5b | S$1.0b | 12.3x | 12.3x | 1.2x |
| Wed, 31 Jan 2024 | S$13.2b | S$10.6b | S$1.0b | 12.7x | 12.7x | 1.2x |
| Fri, 29 Dec 2023 | S$13.1b | S$10.8b | S$1.1b | 12.4x | 12.4x | 1.2x |
| Sun, 26 Nov 2023 | S$13.3b | S$10.6b | S$1.0b | 12.8x | 12.8x | 1.3x |
| Tue, 24 Oct 2023 | S$13.1b | S$10.5b | S$1.1b | 11.6x | 11.6x | 1.2x |
| Thu, 21 Sep 2023 | S$14.3b | S$10.6b | S$1.1b | 12.7x | 12.7x | 1.4x |
| Sat, 19 Aug 2023 | S$14.2b | S$10.7b | S$1.1b | 12.4x | 12.4x | 1.3x |
| Mon, 17 Jul 2023 | S$14.7b | S$10.6b | S$1.1b | 12.9x | 12.9x | 1.4x |
| Wed, 14 Jun 2023 | S$14.4b | S$10.8b | S$1.2b | 12.5x | 12.5x | 1.3x |
12.5x
Which industries have driven the changes within the Singaporean Consumer Staples industry?
| SG Market | -0.66% | |
| Consumer Staples | -3.20% | |
| Beverage | -4.38% | |
| Distillers and Wine Makers | -4.38% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AWG Ascent Bridge | S$0.45 | 11.3% +S$4.8m | -24.6% | PS45.6x |