Sing Investments & Finance (SGX:S35) Will Pay A Larger Dividend Than Last Year At SGD0.065
Apr 21
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Singaporean (SGX) Financials Sector Analysis
UpdatedMay 20, 2025
DataAggregated Company Financials
Companies26
- 7D0.8%
- 3M-5.1%
- 1Y20.4%
- YTD-0.1%
Over the last 7 days, the Financials industry has remained flat. The past year has been better, since the industry has gained 20% in that time. Looking forward, earnings are forecast to grow by 3.0% annually.
Sector Valuation and Performance
Has the Singaporean Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 20 May 2025 | S$282.6b | S$52.8b | S$26.1b | 10.8x | 10.8x | 5.4x |
| Thu, 17 Apr 2025 | S$265.7b | S$52.6b | S$26.2b | 10.2x | 10.2x | 5.1x |
| Sat, 15 Mar 2025 | S$285.1b | S$52.6b | S$26.3b | 10.9x | 10.8x | 5.4x |
| Mon, 10 Feb 2025 | S$291.4b | S$51.9b | S$25.5b | 11.2x | 11.4x | 5.6x |
| Wed, 08 Jan 2025 | S$286.3b | S$51.8b | S$25.4b | 10.7x | 11.3x | 5.5x |
| Fri, 06 Dec 2024 | S$284.1b | S$51.8b | S$25.4b | 10.7x | 11.2x | 5.5x |
| Sun, 03 Nov 2024 | S$252.9b | S$50.4b | S$24.7b | 10x | 10.2x | 5x |
| Tue, 01 Oct 2024 | S$262.9b | S$57.7b | S$25.6b | 10.3x | 10.3x | 4.6x |
| Thu, 29 Aug 2024 | S$249.6b | S$57.7b | S$25.6b | 9.6x | 9.8x | 4.3x |
| Sat, 27 Jul 2024 | S$254.0b | S$56.5b | S$25.0b | 9.9x | 10.1x | 4.5x |
| Mon, 24 Jun 2024 | S$245.7b | S$56.4b | S$25.0b | 9.7x | 9.8x | 4.4x |
| Wed, 22 May 2024 | S$246.9b | S$56.4b | S$25.0b | 9.8x | 9.9x | 4.4x |
| Fri, 19 Apr 2024 | S$232.5b | S$55.5b | S$24.7b | 9.5x | 9.4x | 4.2x |
| Sun, 17 Mar 2024 | S$224.5b | S$55.5b | S$24.6b | 9x | 9.1x | 4x |
| Tue, 13 Feb 2024 | S$215.5b | S$61.7b | S$24.6b | 9.3x | 8.8x | 3.5x |
| Thu, 11 Jan 2024 | S$219.6b | S$61.7b | S$25.0b | 9.3x | 8.8x | 3.6x |
| Sat, 09 Dec 2023 | S$215.0b | S$61.7b | S$25.0b | 9.9x | 8.6x | 3.5x |
| Mon, 06 Nov 2023 | S$221.0b | S$60.7b | S$24.2b | 10x | 9.1x | 3.6x |
| Wed, 04 Oct 2023 | S$222.1b | S$60.5b | S$24.2b | 10.6x | 9.2x | 3.7x |
| Fri, 01 Sep 2023 | S$220.5b | S$60.5b | S$24.2b | 12.6x | 9.1x | 3.6x |
| Sun, 30 Jul 2023 | S$228.8b | S$57.8b | S$22.6b | 12.3x | 10.1x | 4x |
| Tue, 27 Jun 2023 | S$213.3b | S$57.2b | S$22.3b | 11.2x | 9.6x | 3.7x |
| Thu, 25 May 2023 | S$211.7b | S$57.2b | S$22.3b | 11.5x | 9.5x | 3.7x |
| Sat, 22 Apr 2023 | S$222.2b | S$54.2b | S$20.4b | 12.4x | 10.9x | 4.1x |
| Mon, 20 Mar 2023 | S$216.6b | S$54.2b | S$20.5b | 11.9x | 10.6x | 4x |
| Wed, 15 Feb 2023 | S$230.2b | S$55.0b | S$20.3b | 11.6x | 11.3x | 4.2x |
| Fri, 13 Jan 2023 | S$226.0b | S$53.1b | S$18.7b | 11.7x | 12.1x | 4.3x |
| Sun, 11 Dec 2022 | S$223.9b | S$53.1b | S$18.7b | 11.9x | 12x | 4.2x |
| Tue, 08 Nov 2022 | S$220.0b | S$53.9b | S$19.2b | 11.6x | 11.5x | 4.1x |
| Thu, 06 Oct 2022 | S$215.0b | S$51.7b | S$17.9b | 11.7x | 12x | 4.2x |
| Sat, 03 Sep 2022 | S$214.3b | S$51.8b | S$17.9b | 12x | 12x | 4.1x |
| Mon, 01 Aug 2022 | S$211.4b | S$56.4b | S$17.7b | 11.2x | 11.9x | 3.7x |
| Wed, 29 Jun 2022 | S$205.2b | S$56.1b | S$17.6b | 11x | 11.6x | 3.7x |
| Fri, 27 May 2022 | S$211.1b | S$56.1b | S$17.6b | 11.1x | 12x | 3.8x |
Price to Earnings Ratio
12x
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 10.4x.
- The 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 5.4x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 14% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Singaporean Financials sector?
| SG Market | -0.0067% | |
| Financials | 0.79% | |
| Insurance | 2.61% | |
| Consumer Finance | 1.91% | |
| Diversified Financial | 1.33% | |
| Banks | 0.96% | |
| Capital Markets | -1.40% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry, which is trading close to its 3-year average PE ratio of 16.8x.
- Analysts are expecting annual earnings growth of 4.7%, which is lower than the prior year's growth of 41.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 4.7% over the next 5 years.
- However this is lower than its past earnings growth rate of 41% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 2.8% 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 | |
|---|---|---|---|---|---|
| D05 DBS Group Holdings | S$44.38 | 0.3% +S$426.0m | 24.4% | PB1.8x | |
| U10 UOB-Kay Hian Holdings | S$1.79 | 7.8% +S$121.6m | 34.6% | PE7.5x | |
| S68 Singapore Exchange | S$14.11 | 0.4% +S$64.2m | 49.3% | PE23x | |
| U11 United Overseas Bank | S$35.40 | 0.08% +S$29.1m | 17.1% | PB1.3x | |
| T6I ValueMax Group | S$0.54 | 5.9% +S$28.1m | 42.7% | PE6x |