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Singaporean (SGX) Healthcare Sector Analysis

UpdatedMay 27, 2024
DataAggregated Company Financials
Companies29
  • 7D0.1%
  • 3M3.3%
  • 1Y-6.2%
  • YTD-3.6%

In the last week, Healthcare has been flat. Unfortunately though, the industry is down 6.2% over the past 12 months. Earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

Has the Singaporean Healthcare Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 May 2024S$8.7bS$2.9bS$366.7m15.9x23.7x3x
Thu, 25 Apr 2024S$8.5bS$2.9bS$357.6m15.7x23.8x3x
Sat, 23 Mar 2024S$8.5bS$2.9bS$411.7m14.5x20.6x2.9x
Mon, 19 Feb 2024S$8.6bS$2.9bS$381.4m14.7x22.5x3x
Wed, 17 Jan 2024S$9.0bS$3.2bS$442.1m15x20.4x2.8x
Fri, 15 Dec 2023S$9.0bS$3.2bS$440.9m15.6x20.4x2.8x
Sun, 12 Nov 2023S$11.7bS$4.3bS$579.0m15.8x20.2x2.7x
Tue, 10 Oct 2023S$12.5bS$4.4bS$596.1m16x20.9x2.9x
Thu, 07 Sep 2023S$12.6bS$4.4bS$598.4m16.1x21.1x2.9x
Sat, 05 Aug 2023S$13.3bS$4.4bS$648.4m16x20.5x3x
Mon, 03 Jul 2023S$13.6bS$4.5bS$646.1m14.3x21.1x3.1x
Wed, 31 May 2023S$14.5bS$4.5bS$653.7m14x22.2x3.2x
Fri, 28 Apr 2023S$13.8bS$4.6bS$635.8m14.4x21.7x3x
Sun, 26 Mar 2023S$13.0bS$4.4bS$630.5m15.2x20.7x2.9x
Tue, 21 Feb 2023S$13.8bS$4.4bS$647.5m16.3x21.3x3.1x
Thu, 19 Jan 2023S$13.1bS$4.4bS$679.0m15.3x19.2x2.9x
Sat, 17 Dec 2022S$12.8bS$4.4bS$678.0m15.6x18.9x2.9x
Mon, 14 Nov 2022S$13.0bS$4.4bS$676.1m14.5x19.3x3x
Wed, 12 Oct 2022S$12.1bS$4.5bS$732.4m14.2x16.5x2.7x
Fri, 09 Sep 2022S$13.2bS$4.5bS$739.4m15.6x17.9x2.9x
Sun, 07 Aug 2022S$13.4bS$4.7bS$992.9m14.8x13.5x2.8x
Tue, 05 Jul 2022S$12.9bS$4.7bS$981.1m15.2x13.2x2.7x
Thu, 02 Jun 2022S$13.0bS$4.9bS$1.1b14.6x11.7x2.7x
Sat, 30 Apr 2022S$13.3bS$4.9bS$1.1b14.6x12.1x2.7x
Mon, 28 Mar 2022S$14.2bS$5.0bS$1.1b15x12.7x2.9x
Wed, 23 Feb 2022S$14.1bS$5.2bS$1.3b15x10.9x2.7x
Fri, 21 Jan 2022S$14.5bS$5.1bS$1.2b14.7x12.1x2.8x
Sun, 19 Dec 2021S$14.2bS$5.1bS$1.2b14.8x11.8x2.8x
Tue, 16 Nov 2021S$14.5bS$5.1bS$1.2b16.2x12.1x2.8x
Thu, 14 Oct 2021S$15.2bS$5.1bS$1.2b14.8x12.9x3x
Sat, 11 Sep 2021S$15.7bS$5.0bS$1.2b16.3x13.4x3.1x
Mon, 09 Aug 2021S$16.6bS$5.0bS$1.2b15.3x14.2x3.3x
Price to Earnings Ratio

17.7x


Total Market Cap: S$16.2bTotal Earnings: S$913.0mTotal Revenue: S$4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Healthcare Sector Price to Earnings3Y Average 17.5x202220232024
Current Industry PE
  • Investors are optimistic on the Singaporean Healthcare industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.7x which is higher than its 3-year average PE of 17.5x.
  • The industry is trading close to its 3-year average PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 26% per year over the last three years,
  • Revenues have also declined 15% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Singaporean Healthcare sector?

SG Market-0.056%
Healthcare0.13%
Healthcare Services0.66%
Pharma0.13%
Healthtech0%
Biotech0%
Life Sciences0%
Medical Equipment-1.48%
Industry PE
  • Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 10.1%, which is higher than its past year's earnings decline of 35.8% per year.
  • Investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 20.5x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 2.0% per year.
  • In contrast, the Pharma industry is expected to see its earnings grow by 7.4% 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
H02 Haw ParS$9.901.2%
+S$26.6m
6.1%PE10.1x
8K7 UG HealthcareS$0.1510.9%
+S$9.4m
-3.8%PS1x
V8Y Quantum HealthcareS$0.00350.0%
+S$8.0m
-40.0%PS1.8x
AP4 Riverstone HoldingsS$0.940.5%
+S$7.4m
54.5%PE19.6x
5WA OUE HealthcareS$0.0293.6%
+S$4.4m
11.5%PE16x
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Latest News

EHG

S$0.19

Econ Healthcare (Asia)

7D

-3.0%

1Y

-2.6%

9G2

S$0.10

Singapore Institute of Advanced Medicine Holdings

7D

4.0%

1Y

n/a

P8A

S$0.15

Cordlife Group

7D

3.4%

1Y

-58.1%

V8Y

S$0.003

Quantum Healthcare

7D

50.0%

1Y

-40.0%

H02

S$9.90

Haw Par

7D

1.2%

1Y

6.1%

AP4

S$0.94

Riverstone Holdings

7D

0.5%

1Y

54.5%

1J5

S$0.28

Hyphens Pharma International

7D

-3.4%

1Y

-1.8%

QC7

S$0.23

Q & M Dental Group (Singapore)

7D

-4.1%

1Y

-20.3%

546

S$0.17

Medtecs International

7D

4.3%

1Y

9.8%

BFK

S$0.08

Pharmesis International

7D

-18.4%

1Y

-44.8%

5WA

S$0.029

OUE Healthcare

7D

3.6%

1Y

11.5%

584

S$0.004

AJJ Medtech Holdings

7D

-20.0%

1Y

-33.3%

8K7

S$0.15

UG Healthcare

7D

10.9%

1Y

-3.8%

42C

S$0.039

iX Biopharma

7D

-2.5%

1Y

-56.7%