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Singaporean (SGX) Capital Markets Industry Analysis

UpdatedDec 05, 2022
DataAggregated Company Financials
Companies12
  • 7D0.9%
  • 3M-0.8%
  • 1Y-7.9%
  • YTD-10.3%

Last week, the Capital Markets industry hasn't moved much but iFAST is up 10.0% in that time. As for the longer term, the industry has declined 7.9% in the last year. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Singaporean Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 05 Dec 2022S$18.7bS$2.5bS$1.1b14.5x16.8x7.6x
Wed, 02 Nov 2022S$17.5bS$2.5bS$1.1b14.1x15.7x7.1x
Fri, 30 Sep 2022S$18.5bS$2.5bS$1.1b15.4x16.9x7.3x
Sun, 28 Aug 2022S$19.1bS$2.5bS$1.1b15.9x17.7x7.6x
Tue, 26 Jul 2022S$19.1bS$2.7bS$1.2b8.4x16x7.2x
Thu, 23 Jun 2022S$18.9bS$2.7bS$1.2b8.5x15.7x7.1x
Sat, 21 May 2022S$19.6bS$2.7bS$1.2b8.5x16.3x7.4x
Mon, 18 Apr 2022S$17.7bS$2.3bS$874.2m9.5x20.3x7.9x
Wed, 16 Mar 2022S$30.9bS$3.6bS$2.0b9.6x15.8x8.7x
Fri, 11 Feb 2022S$18.0bS$2.3bS$880.5m14.7x20.4x8x
Sun, 09 Jan 2022S$17.3bS$2.3bS$904.4m14.5x19.2x7.7x
Tue, 07 Dec 2021S$14.1bS$2.0bS$710.2m12.8x19.9x6.9x
Thu, 04 Nov 2021S$14.5bS$2.0bS$709.2m13x20.4x7.1x
Sat, 02 Oct 2021S$14.8bS$2.0bS$708.1m12.5x20.9x7.3x
Mon, 30 Aug 2021S$17.9bS$2.2bS$900.4m14.1x19.9x8.1x
Tue, 06 Jul 2021S$19.0bS$2.2bS$900.4m14.7x21.1x8.6x
Fri, 09 Apr 2021S$17.4bS$2.2bS$891.0m17x19.5x8.1x
Thu, 31 Dec 2020S$16.4bS$2.1bS$877.6m19.9x18.6x7.8x
Sun, 04 Oct 2020S$15.9bS$1.9bS$758.1m25.5x20.9x8.3x
Wed, 08 Jul 2020S$14.8bS$1.9bS$762.2m18.9x19.4x7.7x
Tue, 31 Mar 2020S$11.2bS$1.6bS$559.7m16x20.1x7x
Fri, 03 Jan 2020S$11.2bS$1.5bS$527.9m13.6x21.2x7.3x
Price to Earnings Ratio

21.2x


Total Market Cap: S$11.2bTotal Earnings: S$527.9mTotal Revenue: S$1.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Capital Markets Industry Price to Earnings3Y Average 19.5x20212022
Current Industry PE
  • Investors are pessimistic on the Singaporean Capital Markets industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 16.8x which is lower than its 3-year average PE of 19.5x.
  • The industry is trading close to its 3-year average PS ratio of 7.8x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 28% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market0.68%
Financials0.24%
Capital Markets0.92%
Asset Management3.71%
Investment Banking and Brokerage0.53%
Financial Exchanges and Data0.11%
Diversified Capital Markets0%
Industry PE
  • Investors are most optimistic about the Financial Exchanges and Data industry, which is trading close to its 3-year average PE ratio of 22.4x.
    • Analysts are expecting annual earnings growth of 7.2%, which is higher than its past year's earnings growth of 1.3% per year.
  • Investors are most pessimistic about the Asset Management industry, which is trading below its 3-year average of 15.0x.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 61% over the next 5 years.
  • This is better than its past earnings decline of 58% per year.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 7.2% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
AIY iFASTS$6.2116.5%
+S$257.8m
-23.4%PE147.6x
YF8 Yangzijiang Financial HoldingS$0.341.5%
+S$18.5m
n/aPE4.8x
PGS Pegasus AsiaS$4.605.7%
+S$9.5m
n/an/a
U10 UOB-Kay Hian HoldingsS$1.400.7%
+S$8.9m
-12.5%PE11.2x
BLS Hotung Investment HoldingsS$1.735.5%
+S$8.5m
-17.6%PE11.5x
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Latest News

YF8

S$0.34

Yangzijiang Financial Holding

7D

1.5%

1Y

n/a

S68

S$9.15

Singapore Exchange

7D

-0.1%

1Y

-2.6%

CHJ

S$0.83

Uni-Asia Group

7D

4.4%

1Y

-37.2%

AIY

S$6.21

iFAST

7D

16.5%

1Y

-23.4%

BLS

S$1.73

Hotung Investment Holdings

7D

5.5%

1Y

-17.6%

PGS

S$4.60

Pegasus Asia

7D

5.7%

1Y

n/a

T55

S$0.23

TIH

7D

7.1%

1Y

-6.3%