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Singaporean (SGX) Healthcare Sector Analysis

UpdatedNov 23, 2024
DataAggregated Company Financials
Companies29
  • 7D0.3%
  • 3M3.8%
  • 1Y3.6%
  • YTD-3.0%

The Healthcare industry has been flat over the last week, but TalkMed Group has lost 3.3%. The past year has been better, since the industry has gained 3.6% in that time. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 23 Nov 2024S$8.8bS$3.0bS$349.8m16.6x25x2.9x
Mon, 21 Oct 2024S$8.7bS$2.9bS$359.9m16.4x24.1x2.9x
Wed, 18 Sep 2024S$8.6bS$3.0bS$363.4m16.5x23.7x2.9x
Fri, 16 Aug 2024S$8.4bS$2.9bS$360.0m16.4x23.3x2.9x
Sun, 14 Jul 2024S$8.9bS$2.9bS$364.8m17.3x24.4x3.1x
Tue, 11 Jun 2024S$8.6bS$2.9bS$364.3m16.9x23.7x3x
Thu, 09 May 2024S$8.4bS$2.9bS$357.8m15.5x23.5x2.9x
Sat, 06 Apr 2024S$8.4bS$2.9bS$357.9m15.6x23.6x2.9x
Mon, 04 Mar 2024S$8.4bS$2.9bS$404.7m14.1x20.6x2.9x
Wed, 31 Jan 2024S$8.9bS$3.2bS$441.6m14.5x20.2x2.8x
Fri, 29 Dec 2023S$9.4bS$3.2bS$441.4m15.5x21.3x2.9x
Sun, 26 Nov 2023S$12.2bS$4.4bS$579.3m15.7x21x2.8x
Tue, 24 Oct 2023S$11.7bS$4.4bS$595.1m15.8x19.7x2.7x
Thu, 21 Sep 2023S$12.6bS$4.4bS$598.5m16.1x21x2.9x
Sat, 19 Aug 2023S$12.7bS$4.4bS$649.1m16.1x19.6x2.9x
Mon, 17 Jul 2023S$13.4bS$4.5bS$650.0m16x20.7x3x
Wed, 14 Jun 2023S$13.7bS$4.5bS$651.0m14.4x21.1x3.1x
Fri, 12 May 2023S$14.0bS$4.5bS$655.7m14.8x21.3x3.1x
Sun, 09 Apr 2023S$13.9bS$4.6bS$634.7m14.9x22x3x
Tue, 07 Mar 2023S$13.5bS$4.4bS$631.4m16x21.4x3.1x
Thu, 02 Feb 2023S$13.5bS$4.4bS$680.3m15.9x19.9x3x
Sat, 31 Dec 2022S$13.0bS$4.4bS$678.4m15.6x19.2x2.9x
Mon, 28 Nov 2022S$13.1bS$4.4bS$674.7m15.8x19.4x3x
Wed, 26 Oct 2022S$11.9bS$4.5bS$728.2m13.8x16.3x2.7x
Fri, 23 Sep 2022S$12.7bS$4.5bS$736.6m15.6x17.3x2.8x
Sun, 21 Aug 2022S$13.0bS$4.5bS$755.9m16x17.3x2.9x
Tue, 19 Jul 2022S$12.8bS$4.7bS$977.4m14.4x13x2.7x
Thu, 16 Jun 2022S$12.8bS$4.7bS$979.1m14.4x13x2.7x
Sat, 14 May 2022S$12.7bS$4.9bS$1.1b13.8x11.6x2.6x
Mon, 11 Apr 2022S$14.0bS$4.9bS$1.1b15x12.5x2.8x
Wed, 09 Mar 2022S$13.6bS$5.0bS$1.1b14.3x12.2x2.7x
Fri, 04 Feb 2022S$14.0bS$5.1bS$1.2b15.1x11.7x2.7x
Sun, 02 Jan 2022S$14.8bS$5.1bS$1.2b15.3x12.3x2.9x
Tue, 30 Nov 2021S$14.7bS$5.1bS$1.2b15.4x12.2x2.9x
Price to Earnings Ratio

12.2x


Total Market Cap: S$14.7bTotal Earnings: S$1.2bTotal Revenue: S$5.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Healthcare Sector Price to Earnings3Y Average 19.1x202220232024
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 25.0x which is higher than its 3-year average PE of 19.1x.
  • 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 34% per year over the last three years,
  • Revenues have also declined 17% 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 Market0.0067%
Healthcare0.33%
Medical Equipment2.68%
Pharma0.15%
Healthtech0%
Biotech0%
Life Sciences0%
Healthcare Services-0.45%
Industry PE
  • Investors are most optimistic about the Healthcare Services industry which is trading above its 3-year average PE ratio of 29.3x.
    • Analysts are expecting annual earnings growth of 12.7%, which is higher than its past year's earnings decline of 26.0% per year.
  • Investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 17.7x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings decline of 26% per year.
  • In contrast, the Pharma industry is expected to see its earnings grow by 6.7% 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
AP4 Riverstone HoldingsS$1.043.0%
+S$44.5m
67.7%PE18x
1J5 Hyphens Pharma InternationalS$0.295.4%
+S$4.6m
7.3%PE8.8x
EHG Econ Healthcare (Asia)S$0.224.8%
+S$2.7m
10.0%PE7.2x
FRQ Singapore Paincare HoldingsS$0.127.0%
+S$1.4m
-35.8%PE10.6x
8K7 UG HealthcareS$0.121.7%
+S$1.2m
20.0%PS0.6x
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Latest News

5RE

S$0.028

Asia Vets Holdings

7D

-6.7%

1Y

n/a

AP4

S$1.04

Riverstone Holdings

7D

3.0%

1Y

67.7%

584

S$0.003

AJJ Medtech Holdings

7D

-25.0%

1Y

-40.0%

1H3

S$0.003

Clearbridge Health

7D

-25.0%

1Y

-75.0%

P8A

S$0.15

Cordlife Group

7D

-0.6%

1Y

-65.6%

EHG

S$0.22

Econ Healthcare (Asia)

7D

4.8%

1Y

10.0%

569

S$0.089

Vicplas International

7D

-3.3%

1Y

-32.1%

42C

S$0.024

iX Biopharma

7D

4.3%

1Y

-46.7%

8K7

S$0.12

UG Healthcare

7D

1.7%

1Y

20.0%

FRQ

S$0.12

Singapore Paincare Holdings

7D

7.0%

1Y

-35.8%

1J5

S$0.29

Hyphens Pharma International

7D

5.4%

1Y

7.3%

1B1

S$0.28

HC Surgical Specialists

7D

1.9%

1Y

-3.5%

5WA

S$0.027

OUE Healthcare

7D

-3.6%

1Y

-6.9%

546

S$0.13

Medtecs International

7D

1.5%

1Y

1.5%