Have your own idea? Try our Stock Screener
Singaporean (SGX) Capital Markets Industry Analysis
UpdatedSep 27, 2025
DataAggregated Company Financials
Companies12
- 7D-2.3%
- 3M20.3%
- 1Y56.0%
- YTD40.1%
The Capital Markets is pretty flat in the last 7 days, but Hotung Investment Holdings has stood out, gaining 4.4%. The past year has been better, since the industry has gained 61% in that time. As for the next few years, earnings are expected to grow by 5.7% per annum.
Industry Valuation and Performance
Has the Singaporean Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Sep 2025 | S$28.8b | S$3.0b | S$1.3b | 16.8x | 21.7x | 9.5x |
| Mon, 25 Aug 2025 | S$26.4b | S$2.8b | S$1.2b | 10.9x | 21.1x | 9.3x |
| Wed, 23 Jul 2025 | S$25.1b | S$2.8b | S$1.3b | 15.3x | 20x | 8.9x |
| Fri, 20 Jun 2025 | S$21.3b | S$2.8b | S$1.2b | 13.2x | 17x | 7.6x |
| Sun, 18 May 2025 | S$21.4b | S$2.8b | S$1.2b | 14.1x | 17.1x | 7.6x |
| Tue, 15 Apr 2025 | S$20.1b | S$2.8b | S$1.2b | 14x | 16.2x | 7.2x |
| Thu, 13 Mar 2025 | S$20.3b | S$2.8b | S$1.2b | 14.1x | 16.3x | 7.3x |
| Sat, 08 Feb 2025 | S$20.8b | S$2.7b | S$1.1b | 9.6x | 19.4x | 7.7x |
| Mon, 06 Jan 2025 | S$18.8b | S$2.6b | S$1.0b | 8.5x | 18.5x | 7.2x |
| Wed, 04 Dec 2024 | S$19.1b | S$2.6b | S$1.0b | 8.3x | 18.8x | 7.3x |
| Fri, 01 Nov 2024 | S$17.5b | S$2.5b | S$1.0b | 9.6x | 17.4x | 6.9x |
| Sun, 29 Sep 2024 | S$17.3b | S$2.5b | S$999.0m | 9.1x | 17.3x | 6.9x |
| Tue, 27 Aug 2024 | S$16.4b | S$2.5b | S$1.0b | 8.3x | 16.4x | 6.5x |
| Thu, 25 Jul 2024 | S$15.3b | S$2.5b | S$997.7m | 8.8x | 15.3x | 6.2x |
| Sat, 22 Jun 2024 | S$15.0b | S$2.5b | S$997.8m | 9.1x | 15x | 6.1x |
| Mon, 20 May 2024 | S$14.6b | S$2.5b | S$995.9m | 9.5x | 14.7x | 5.9x |
| Wed, 17 Apr 2024 | S$14.4b | S$2.5b | S$984.1m | 9.5x | 14.6x | 5.9x |
| Fri, 15 Mar 2024 | S$14.8b | S$2.4b | S$979.3m | 8.9x | 15.2x | 6.1x |
| Sun, 11 Feb 2024 | S$15.1b | S$2.4b | S$938.7m | 16x | 16x | 6.3x |
| Tue, 09 Jan 2024 | S$19.4b | S$2.6b | S$1.1b | 16.3x | 17.1x | 7.4x |
| Thu, 07 Dec 2023 | S$19.4b | S$2.6b | S$1.1b | 17x | 17x | 7.4x |
| Sat, 04 Nov 2023 | S$19.0b | S$2.6b | S$1.1b | 16.9x | 16.6x | 7.3x |
| Mon, 02 Oct 2023 | S$19.1b | S$2.6b | S$1.1b | 17.5x | 16.8x | 7.3x |
| Wed, 30 Aug 2023 | S$18.9b | S$2.6b | S$1.1b | 17.4x | 16.6x | 7.3x |
| Fri, 28 Jul 2023 | S$18.9b | S$2.5b | S$1.0b | 15.5x | 18.6x | 7.6x |
| Sun, 25 Jun 2023 | S$18.3b | S$2.5b | S$1.0b | 12.3x | 18.2x | 7.4x |
| Tue, 23 May 2023 | S$18.0b | S$2.5b | S$1.0b | 15.1x | 17.9x | 7.2x |
| Thu, 20 Apr 2023 | S$19.0b | S$2.4b | S$1.0b | 15.4x | 18.4x | 7.8x |
| Sat, 18 Mar 2023 | S$18.2b | S$2.4b | S$1.0b | 15.2x | 17.6x | 7.5x |
| Mon, 13 Feb 2023 | S$18.7b | S$2.5b | S$1.2b | 15.3x | 16.1x | 7.5x |
| Wed, 11 Jan 2023 | S$18.6b | S$2.4b | S$1.1b | 15x | 16.9x | 7.6x |
| Fri, 09 Dec 2022 | S$18.7b | S$2.5b | S$1.1b | 14.3x | 16.8x | 7.6x |
| Sun, 06 Nov 2022 | S$17.4b | S$2.5b | S$1.1b | 14.2x | 15.6x | 7x |
| Tue, 04 Oct 2022 | S$18.4b | S$2.5b | S$1.1b | 14x | 16.5x | 7.5x |
Price to Earnings Ratio
16.5x
Current Industry PE
- Investors are optimistic on the Singaporean Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 21.9x which is higher than its 3-year average PE of 17.2x.
- The 3-year average PS ratio of 7.3x is lower than the industry's current PS ratio of 9.7x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 5.8% per year over the last three years.
- Revenues for these companies have grown 6.8% 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 industry?
| SG Market | -1.16% | |
| Financials | -0.85% | |
| Capital Markets | -2.30% | |
| Financial Exchanges and Data | -1.84% | |
| Asset Management | -2.23% | |
| Investment Banking and Brokerage | -5.91% | |
Industry PE
- Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 20.3x.
- Analysts are expecting annual earnings growth of 6.2%, which is lower than the prior year's growth of 8.4% per year.
- Investors are most pessimistic about the Investment Banking and Brokerage industry, which is trading close to its 3-year average of 11.3x.
Forecasted Growth
- Analysts are most optimistic on the Financial Exchanges and Data industry, expecting annual earnings growth of 6.2% over the next 5 years.
- However this is lower than its past earnings growth rate of 8.4% per year.
- In contrast, the Asset Management industry is expected to see its earnings grow by 4.5% 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 | |
|---|---|---|---|---|---|
| CHJ Uni-Asia Group | S$0.80 | 1.3% +S$786.0k | 0% | PS5.3x | |
| 8A1 Heptamax International | S$0.11 | 8.7% +S$441.9k | 7.6% | PS13.1x |