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Singaporean (SGX) Financials Sector Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies26
  • 7D-1.5%
  • 3M5.0%
  • 1Y6.7%
  • YTD5.1%

Over the last 7 days, the Financials industry has dropped 1.5%, driven by a pullback from DBS Group Holdings of 2.3%. Over the past 12 months, the industry was up 6.7%. Earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022S$225.3bS$53.9bS$19.2b11.6x11.7x4.2x
Thu, 27 Oct 2022S$209.1bS$51.7bS$17.9b11.5x11.7x4x
Sat, 24 Sep 2022S$217.2bS$51.8bS$17.9b12.1x12.1x4.2x
Mon, 22 Aug 2022S$214.4bS$51.8bS$17.9b11.8x12x4.1x
Wed, 20 Jul 2022S$202.1bS$56.1bS$17.6b10.8x11.5x3.6x
Fri, 17 Jun 2022S$205.5bS$56.1bS$17.6b11.1x11.7x3.7x
Sun, 15 May 2022S$212.8bS$56.2bS$17.7b11.3x12x3.8x
Tue, 12 Apr 2022S$226.1bS$56.1bS$17.8b12.2x12.7x4x
Thu, 10 Mar 2022S$227.3bS$57.4bS$19.1b12x11.9x4x
Sat, 05 Feb 2022S$232.7bS$58.7bS$17.3b14.5x13.5x4x
Mon, 03 Jan 2022S$206.9bS$58.4bS$17.1b13.2x12.1x3.5x
Wed, 01 Dec 2021S$195.1bS$58.4bS$17.1b12.2x11.4x3.3x
Fri, 29 Oct 2021S$207.5bS$57.1bS$16.1b13.7x12.9x3.6x
Sun, 26 Sep 2021S$197.6bS$57.1bS$16.1b12.8x12.3x3.5x
Tue, 24 Aug 2021S$205.2bS$57.3bS$16.3b13.2x12.6x3.6x
Wed, 30 Jun 2021S$206.7bS$57.3bS$16.3b13.4x12.7x3.6x
Sat, 03 Apr 2021S$200.6bS$54.6bS$14.9b14.5x13.5x3.7x
Tue, 05 Jan 2021S$175.5bS$51.4bS$12.9b13.9x13.6x3.4x
Fri, 09 Oct 2020S$146.7bS$50.6bS$13.7b12.1x10.7x2.9x
Thu, 02 Jul 2020S$153.2bS$49.3bS$14.6b11.3x10.5x3.1x
Sun, 05 Apr 2020S$139.8bS$51.6bS$15.7b10x8.9x2.7x
Wed, 08 Jan 2020S$183.1bS$54.3bS$17.1b10.5x10.7x3.4x
Price to Earnings Ratio

11x


Total Market Cap: S$179.7bTotal Earnings: S$16.4bTotal Revenue: S$50.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Financials Sector Price to Earnings3Y Average 11.9x202020212022
Current Industry PE
  • Investors are relatively neutral on the Singaporean Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 11.9x.
  • The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 5.4% per year over the last three years.
  • Revenues for these companies have grown 2.2% 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?

SG Market-0.57%
Financials-1.54%
Diversified Financial1.45%
Consumer Finance0.52%
Mortgage Finance0%
Mortgage REITs0%
Insurance-0.40%
Capital Markets-0.70%
Banks-1.70%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 19.6x.
    • Analysts are expecting annual earnings growth of 19.0%, which is higher than its past year's earnings decline of 27.5% per year.
  • Investors are most pessimistic about the Insurance industry, which is trading close to its 3-year average of 9.6x.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 27% per year.
  • In contrast, the Consumer Finance industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
U11 United Overseas BankS$30.300.9%
+S$452.1m
14.2%PB1.3x
AIY iFASTS$5.3313.6%
+S$187.5m
-36.2%PE126.7x
U10 UOB-Kay Hian HoldingsS$1.392.2%
+S$26.4m
-12.6%PE11.2x
G07 Great Eastern HoldingsS$17.950.3%
+S$23.7m
-13.9%PE9x
S41 Hong Leong FinanceS$2.411.3%
+S$13.4m
0.8%PE12.7x
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Latest News

O39

S$12.31

Oversea-Chinese Banking

7D

-1.1%

1Y

8.6%

YF8

S$0.34

Yangzijiang Financial Holding

7D

-1.4%

1Y

n/a

S68

S$9.16

Singapore Exchange

7D

-0.4%

1Y

-0.8%

S23

S$0.76

Singapura Finance

7D

-1.3%

1Y

-7.4%

D05

S$34.45

DBS Group Holdings

7D

-2.3%

1Y

11.9%

E9L

S$0.002

Joyas International Holdings

7D

100.0%

1Y

-50.0%

AIY

S$5.33

iFAST

7D

13.6%

1Y

-36.2%

U10

S$1.39

UOB-Kay Hian Holdings

7D

2.2%

1Y

-12.6%

G07

S$17.95

Great Eastern Holdings

7D

0.3%

1Y

-13.9%

S41

S$2.41

Hong Leong Finance

7D

1.3%

1Y

0.8%

S35

S$1.46

Sing Investments & Finance

7D

0.7%

1Y

-1.4%