Sheng Siong Group Ltd (SGX:OV8) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 09
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Singaporean (SGX) Food and Staples Retail Industry Analysis
UpdatedApr 12, 2026
DataAggregated Company Financials
Companies6
- 7D1.6%
- 3M6.1%
- 1Y62.2%
- YTD6.9%
The Food and Staples Retail industry is up 1.6% in the last week, with Sheng Siong Group up 7.3%. This takes the industry's 12 month performance to a gain of 62%. Earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Singaporean Food and Staples Retail Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 Apr 2026 | S$13.8b | S$40.3b | S$523.4m | 24.2x | 26.3x | 0.3x |
| Tue, 10 Mar 2026 | S$12.8b | S$40.2b | S$523.5m | 23.6x | 24.4x | 0.3x |
| Thu, 05 Feb 2026 | S$13.4b | S$71.9b | S$91.6m | 10.7x | 146.1x | 0.2x |
| Sat, 03 Jan 2026 | S$12.9b | S$71.9b | S$91.6m | 11.1x | 141.1x | 0.2x |
| Mon, 01 Dec 2025 | S$12.4b | S$71.9b | S$91.6m | 11x | 135.1x | 0.2x |
| Wed, 29 Oct 2025 | S$12.0b | S$71.8b | S$86.8m | 11.8x | 137.9x | 0.2x |
| Fri, 26 Sep 2025 | S$11.4b | S$71.8b | S$86.8m | 11.9x | 130.8x | 0.2x |
| Sun, 24 Aug 2025 | S$11.3b | S$71.8b | S$86.8m | 12x | 129.7x | 0.2x |
| Tue, 22 Jul 2025 | S$11.4b | S$66.8b | -S$50,673,749.00 | 22.8x | -225.7x | 0.2x |
| Thu, 19 Jun 2025 | S$9.9b | S$66.8b | -S$50,673,749.00 | 20.2x | -194.8x | 0.1x |
| Sat, 17 May 2025 | S$10.1b | S$66.8b | -S$48,812,749.00 | 27.1x | -206.4x | 0.2x |
| Mon, 14 Apr 2025 | S$8.8b | S$66.9b | -S$35,990,901.48 | 18x | -244x | 0.1x |
| Wed, 12 Mar 2025 | S$9.0b | S$67.0b | -S$36,937,877.64 | 17.9x | -243.2x | 0.1x |
| Fri, 07 Feb 2025 | S$10.2b | S$61.4b | S$523.6m | 17.6x | 19.5x | 0.2x |
| Sun, 05 Jan 2025 | S$10.4b | S$61.4b | S$523.5m | 18.1x | 19.8x | 0.2x |
| Tue, 03 Dec 2024 | S$10.7b | S$61.4b | S$523.4m | 18.2x | 20.5x | 0.2x |
| Thu, 31 Oct 2024 | S$9.8b | S$61.4b | S$506.6m | 16.8x | 19.4x | 0.2x |
| Sat, 28 Sep 2024 | S$9.6b | S$61.4b | S$502.3m | 17.4x | 19.2x | 0.2x |
| Mon, 26 Aug 2024 | S$9.2b | S$61.4b | S$502.4m | 17.1x | 18.3x | 0.2x |
| Wed, 24 Jul 2024 | S$9.2b | S$59.3b | S$413.8m | 17.7x | 22.2x | 0.2x |
| Fri, 21 Jun 2024 | S$9.2b | S$59.3b | S$413.8m | 17.4x | 22.3x | 0.2x |
| Sun, 19 May 2024 | S$9.3b | S$59.3b | S$411.3m | 17.2x | 22.7x | 0.2x |
| Tue, 16 Apr 2024 | S$9.5b | S$59.3b | S$400.1m | 17.6x | 23.7x | 0.2x |
| Thu, 14 Mar 2024 | S$9.3b | S$59.3b | S$401.0m | 16.3x | 23.1x | 0.2x |
| Sat, 10 Feb 2024 | S$8.6b | S$62.1b | S$277.5m | 16.5x | 31.2x | 0.1x |
| Mon, 08 Jan 2024 | S$9.4b | S$62.1b | S$276.8m | 17.7x | 33.9x | 0.2x |
| Wed, 06 Dec 2023 | S$9.4b | S$62.1b | S$276.8m | 17.5x | 34.1x | 0.2x |
| Fri, 03 Nov 2023 | S$9.3b | S$62.1b | S$283.2m | 17.7x | 32.9x | 0.2x |
| Sun, 01 Oct 2023 | S$10.0b | S$62.1b | S$281.2m | 17.4x | 35.7x | 0.2x |
| Tue, 29 Aug 2023 | S$10.6b | S$62.1b | S$282.6m | 20.7x | 37.5x | 0.2x |
| Thu, 27 Jul 2023 | S$11.6b | S$65.9b | S$601.3m | 15.8x | 19.3x | 0.2x |
| Sat, 24 Jun 2023 | S$11.7b | S$65.9b | S$602.7m | 16.3x | 19.4x | 0.2x |
| Mon, 22 May 2023 | S$12.6b | S$65.9b | S$602.6m | 16.8x | 20.9x | 0.2x |
| Wed, 19 Apr 2023 | S$13.4b | S$65.9b | S$606.1m | 17.1x | 22x | 0.2x |
Price to Earnings Ratio
22x
Current Industry PE
- Investors are optimistic on the Singaporean Consumer Retailing industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 26.3x which is higher than its 3-year average PE of 12.5x.
- The industry is trading close to its 3-year average PS ratio of 0.17x.
Past Earnings Growth
- The earnings for companies in the Consumer Retailing industry have declined 4.8% per year over the last three years,
- Revenues have also declined 15% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Singaporean Consumer Staples industry?
| SG Market | 1.46% | |
| Consumer Staples | 1.46% | |
| Food and Staples Retail | 1.65% | |
| Food Retail | 1.94% | |
| Food Distributors | 0.60% | |
Industry PE
- Investors are most optimistic about the Food Retail industry even though it's trading below its 3-year average PE ratio of 44.5x.
- Analysts are expecting annual earnings growth of 10.3%, which is higher than its past year's earnings growth of 8.7% per year.
- Investors are most pessimistic about the Food Distributors industry, which is trading close to its 3-year average of 23.5x.
Forecasted Growth
- Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 10% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Food Retail industry is expected to see its earnings grow by 10% 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 | |
|---|---|---|---|---|---|
| OV8 Sheng Siong Group | S$3.09 | 7.3% +S$315.7m | 87.3% | PE31.1x | |
| VC2 Olam Group | S$0.86 | 0.6% +S$18.9m | 1.8% | PE23.7x | |
| AAJ Sunmoon Food | S$0.025 | 4.2% +S$903.3k | 92.3% | PS0.6x | |
| 5EV Hosen Group | S$0.066 | 1.5% +S$324.9k | 65.0% | PE6.7x |
