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Singaporean (SGX) Asset Management Industry Analysis

UpdatedMay 20, 2026
DataAggregated Company Financials
Companies8
  • 7D-1.9%
  • 3M-13.0%
  • 1Y-20.3%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 1.9%, driven by pullbacks in iFAST and Yangzijiang Financial Holding of 0.7% and 2.0%, respectively. In contrast, Uni-Asia Group has gained 6.2%. The industry has fallen 20% in the last year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Singaporean Asset Management Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 May 2026S$3.8bS$769.7m-S$12,336,674.5623.8x-310.9x5x
Sat, 18 Apr 2026S$4.3bS$721.6m-S$21,400,319.8230x-202.8x6x
Mon, 16 Mar 2026S$5.0bS$835.1mS$45.7m21.4x110.2x6x
Wed, 11 Feb 2026S$4.5bS$798.1mS$407.3m15.3x11.1x5.7x
Fri, 09 Jan 2026S$4.6bS$796.3mS$408.5m15.3x11.2x5.8x
Sun, 07 Dec 2025S$4.7bS$796.7mS$408.2m14.8x11.4x5.9x
Tue, 04 Nov 2025S$7.0bS$874.8mS$416.5m11.2x16.9x8x
Thu, 02 Oct 2025S$8.9bS$1.0bS$485.3m17.4x18.3x8.8x
Sat, 30 Aug 2025S$6.5bS$822.4mS$391.4m10.9x16.7x7.9x
Mon, 28 Jul 2025S$5.9bS$876.3mS$377.3m15.7x15.5x6.7x
Wed, 25 Jun 2025S$4.7bS$851.6mS$369.5m13.3x12.8x5.6x
Fri, 23 May 2025S$4.7bS$851.7mS$369.1m14x12.8x5.5x
Sun, 20 Apr 2025S$4.7bS$829.6mS$364.2m14.4x12.9x5.7x
Tue, 18 Mar 2025S$4.8bS$828.0mS$365.4m14x13.1x5.8x
Thu, 13 Feb 2025S$4.4bS$799.9mS$203.4m8.9x21.4x5.4x
Sat, 11 Jan 2025S$3.9bS$800.5mS$203.2m7.5x19.2x4.9x
Mon, 09 Dec 2024S$4.0bS$801.7mS$201.7m7x20x5x
Wed, 06 Nov 2024S$3.8bS$724.2mS$193.9m9.6x19.7x5.3x
Fri, 04 Oct 2024S$3.8bS$690.7mS$185.9m9.6x20.7x5.6x
Sun, 01 Sep 2024S$3.6bS$689.0mS$187.6m8.4x19.2x5.2x
Tue, 30 Jul 2024S$3.7bS$756.0mS$271.8m8.8x13.5x4.9x
Thu, 27 Jun 2024S$3.6bS$717.4mS$259.5m9x14x5.1x
Sat, 25 May 2024S$3.5bS$727.6mS$257.7m9.5x13.4x4.8x
Mon, 22 Apr 2024S$3.4bS$696.0mS$245.8m9.5x13.8x4.9x
Wed, 20 Mar 2024S$3.4bS$695.2mS$245.7m8.7x13.8x4.9x
Fri, 16 Feb 2024S$4.0bS$686.6mS$257.6m16x15.5x5.8x
Sun, 14 Jan 2024S$4.2bS$694.2mS$257.5m11.3x16.5x6.1x
Tue, 12 Dec 2023S$4.3bS$695.1mS$265.2m15.9x16.4x6.3x
Thu, 09 Nov 2023S$4.2bS$696.0mS$265.3m16x15.7x6x
Sat, 07 Oct 2023S$3.9bS$684.3mS$259.1m17.3x15.1x5.7x
Mon, 04 Sep 2023S$3.9bS$674.8mS$258.9m16.6x15.2x5.8x
Wed, 02 Aug 2023S$3.9bS$647.2mS$210.7m11.2x18.4x6x
Fri, 30 Jun 2023S$3.4bS$648.4mS$204.6m10.2x16.6x5.3x
Sun, 28 May 2023S$3.3bS$646.9mS$198.8m10.5x16.5x5.1x
Price to Earnings Ratio

16.5x


Total Market Cap: S$3.3bTotal Earnings: S$198.8mTotal Revenue: S$646.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Asset Management Industry Price to Earnings3Y Average 0.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Singaporean Asset Management and Custody Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 5.8x is higher than the industry's current PS ratio of 5.0x.
Past Earnings Growth
  • Total earnings for the Asset Management and Custody Banks industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 6.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Singaporean Asset Management compare with similar industries?

SG Market1.21%
Financials3.84%
Capital Markets0.91%
Asset Management-1.88%
Financial Exchanges and Data2.70%
Investment Banking and Brokerage-6.22%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CHJ Uni-Asia GroupS$0.934.5%
+S$3.1m		18.6%PE61.7x
BLS Hotung Investment HoldingsS$1.700.6%
+S$804.5k		18.9%PE19.8x
8A1 Heptamax InternationalS$0.102.0%
+S$98.2k		n/aPS16.3x

Latest News

AIY
S$8.61
iFAST
7D
-0.7%
1Y
34.1%
Narrative Update • May 14

AIY: Share Repurchases And New Payment Feature Will Support Bullish Outlook

Analysts have trimmed their fair value estimate for iFAST from SGD12.21 to around SGD11.97 as they factor in updated assumptions for revenue growth, profit margin and future P/E, along with a slightly adjusted discount rate. What's in the News iFAST Corporation Ltd.
8A1
S$0.10
Heptamax International
7D
2.0%
1Y
n/a
T55
S$0.20
TIH
7D
-2.4%
1Y
-10.9%
CHJ
S$0.93
Uni-Asia Group
7D
4.5%
1Y
18.6%
BLS
S$1.70
Hotung Investment Holdings
7D
0.6%
1Y
18.9%
YF8
S$0.24
Yangzijiang Financial Holding
7D
-2.0%
1Y
-66.0%
42T
S$0.056
Trendlines Group
7D
-11.1%
1Y
86.7%