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Singaporean (SGX) Capital Markets Industry Analysis

UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies12
  • 7D-1.7%
  • 3M-3.7%
  • 1Y25.3%
  • YTD3.6%

Over the last 7 days, the Capital Markets industry has dropped 1.7%, driven by iFAST declining 8.5%. On the other hand OneApex is actually up 105%. This takes the industry's 12 month performance to a gain of 25%. As for the next few years, earnings are expected to grow by 8.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Feb 2026S$26.3bS$2.9bS$1.3b19.5x20.7x9.1x
Mon, 05 Jan 2026S$25.3bS$2.8bS$1.3b18.3x20x9x
Wed, 03 Dec 2025S$25.0bS$2.9bS$1.3b11.4x19.6x8.6x
Fri, 31 Oct 2025S$27.4bS$2.9bS$1.3b11.3x21.5x9.4x
Sun, 28 Sep 2025S$28.8bS$3.0bS$1.3b16.8x21.4x9.5x
Tue, 26 Aug 2025S$26.8bS$2.8bS$1.2b11.2x21.5x9.4x
Thu, 24 Jul 2025S$25.2bS$2.8bS$1.3b15.3x20.1x9x
Sat, 21 Jun 2025S$21.2bS$2.8bS$1.2b13.4x17x7.6x
Mon, 19 May 2025S$21.4bS$2.8bS$1.2b14.1x17.1x7.6x
Wed, 16 Apr 2025S$20.6bS$2.8bS$1.2b14.3x16.5x7.4x
Fri, 14 Mar 2025S$20.1bS$2.8bS$1.2b14.1x16.2x7.2x
Sun, 09 Feb 2025S$20.8bS$2.7bS$1.1b9.6x19.4x7.7x
Tue, 07 Jan 2025S$18.9bS$2.6bS$1.0b8.6x18.6x7.2x
Thu, 05 Dec 2024S$19.2bS$2.6bS$1.0b8.4x18.9x7.3x
Sat, 02 Nov 2024S$17.5bS$2.5bS$1.0b9.5x17.4x6.9x
Mon, 30 Sep 2024S$17.3bS$2.5bS$999.0m9.1x17.3x6.9x
Wed, 28 Aug 2024S$16.4bS$2.5bS$1.0b8.4x16.4x6.6x
Fri, 26 Jul 2024S$15.2bS$2.5bS$997.7m8.8x15.2x6.2x
Sun, 23 Jun 2024S$15.0bS$2.5bS$997.8m9.1x15x6.1x
Tue, 21 May 2024S$14.6bS$2.5bS$995.9m9.5x14.7x5.9x
Thu, 18 Apr 2024S$14.2bS$2.5bS$984.1m9.4x14.4x5.8x
Sat, 16 Mar 2024S$14.8bS$2.4bS$979.3m8.9x15.1x6x
Mon, 12 Feb 2024S$15.1bS$2.4bS$938.7m16x16x6.3x
Wed, 10 Jan 2024S$19.4bS$2.6bS$1.1b16.3x17x7.4x
Fri, 08 Dec 2023S$19.3bS$2.6bS$1.1b17.2x16.8x7.4x
Sun, 05 Nov 2023S$19.0bS$2.6bS$1.1b16.9x16.6x7.3x
Tue, 03 Oct 2023S$19.1bS$2.6bS$1.1b17.4x16.7x7.3x
Thu, 31 Aug 2023S$18.9bS$2.6bS$1.1b17.4x16.6x7.3x
Sat, 29 Jul 2023S$19.0bS$2.5bS$1.0b15.5x18.6x7.6x
Mon, 26 Jun 2023S$18.3bS$2.5bS$1.0b12.3x18.2x7.4x
Wed, 24 May 2023S$18.0bS$2.5bS$1.0b15.2x17.9x7.3x
Fri, 21 Apr 2023S$19.0bS$2.4bS$1.0b15.4x18.4x7.8x
Sun, 19 Mar 2023S$18.2bS$2.4bS$1.0b15.2x17.6x7.5x
Tue, 14 Feb 2023S$18.7bS$2.5bS$1.2b15.2x16x7.5x
Price to Earnings Ratio

16x


Total Market Cap: S$18.7bTotal Earnings: S$1.2bTotal Revenue: S$2.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Capital Markets Industry Price to Earnings3Y Average 17.7x202420252026
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 20.7x which is higher than its 3-year average PE of 17.7x.
  • The 3-year average PS ratio of 7.5x is lower than the industry's current PS ratio of 9.1x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 2.9% per year over the last three years.
  • Revenues for these companies have grown 4.8% 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 Market0.45%
Financials0.078%
Capital Markets-1.75%
Financial Exchanges and Data-0.34%
Investment Banking and Brokerage-2.54%
Asset Management-6.70%
Industry PE
  • Investors are most optimistic about the Financial Exchanges and Data industry which is trading above its 3-year average PE ratio of 21.2x.
    • Analysts are expecting annual earnings growth of 7.9%, which is higher than its past year's earnings decline of 0.9% per year.
  • Investors are most pessimistic about the Asset Management industry, which is trading below its 3-year average of 15.8x.
Forecasted Growth
  • Analysts are most optimistic on the Asset Management industry, expecting annual earnings growth of 13% over the next 5 years.
  • However this is lower than its past earnings growth rate of 43% per year.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 7.9% 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
5SY OneApexS$0.45104.5%
+S$19.4m
80.0%PS761.3x
CHJ Uni-Asia GroupS$0.914.0%
+S$2.8m
21.5%PS2.7x

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