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Singaporean (SGX) Financials Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies22
  • 7D-3.1%
  • 3M0.7%
  • 1Y16.2%
  • YTD16.4%

Over the last 7 days, the Financials industry has dropped 3.1%, driven by declines in United Overseas Bank and Oversea-Chinese Banking of 4.9% and 3.7%, respectively. This takes the industry's 12 month performance to a gain of 16%.

Sector Valuation and Performance

Has the Singaporean Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021S$201.6bS$58.4bS$17.1b12.7x
Mon, 01 Nov 2021S$206.8bS$57.1bS$16.1b13.7x
Wed, 29 Sep 2021S$200.0bS$57.1bS$16.1b13x
Fri, 27 Aug 2021S$203.8bS$57.3bS$16.3b13.1x
Sat, 03 Jul 2021S$206.7bS$57.3bS$16.3b13.4x
Tue, 06 Apr 2021S$200.6bS$54.6bS$14.9b14.5x
Fri, 08 Jan 2021S$175.5bS$51.4bS$12.9b13.9x
Thu, 01 Oct 2020S$146.7bS$50.6bS$13.7b12.1x
Sun, 05 Jul 2020S$153.2bS$49.3bS$14.6b11.3x
Wed, 08 Apr 2020S$139.8bS$51.6bS$15.7b10x
Tue, 31 Dec 2019S$183.1bS$54.3bS$17.1b10.5x
Fri, 04 Oct 2019S$178.1bS$50.4bS$16.4b10.5x
Mon, 08 Jul 2019S$184.6bS$50.4bS$16.2b11.5x
Sun, 31 Mar 2019S$178.7bS$48.3bS$15.8b12.5x
Wed, 02 Jan 2019S$173.3bS$44.8bS$15.3b12.9x
PE Ratio

12.9x

Total Market Cap: S$173.3bTotal Earnings: S$15.3bTotal Revenue: S$44.8b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.3x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Financials industry have grown 3.3% per year over the last three years, and revenues for these companies have grown 6.3% 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 Financials sector?

Diversified Financial0.65%
Consumer Finance-0.71%
Capital Markets-2.20%
Banks-3.14%
Insurance-4.62%

Industry PE: Investors are most optimistic about the Diversified Financial industry which is trading above its 3-year average PE ratio of 117x. This is likely because analysts are expecting annual earnings growth of 42%, which is higher than its past year's earnings decline of 98% per year. Meanwhile, investors are most pessimistic about the Consumer Finance industry, which is trading close to its 3-year average of 11.3x.

Forecasted Growth: Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 42% over the next 5 years. This is better than its past earnings decline of 98% per year. Meanwhile, the Banks 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?

Company7D1YValuation
S68 Singapore Exchange1.2%+S$113.6m1.9%PE22.3x
P15 Pacific Century Regional Developments1.3%+S$13.2m26.2%PS40.4x
CHJ Uni-Asia Group4.0%+S$3.9m103.1%PE22.8x
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AIY

S$8.22

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-3.7%

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110.8%

I49

S$0.17

IFS Capital

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-5.4%

1Y

-6.9%