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Singaporean (SGX) Healthcare Sector Analysis

UpdatedDec 31, 2025
DataAggregated Company Financials
Companies28
  • 7D1.4%
  • 3M7.5%
  • 1Y20.2%
  • YTD20.9%

In the last week, the Healthcare industry is up 1.4%, with UltraGreen.ai leading the way, up 2.2%. This takes the industry's 12 month performance to a gain of 20%. Looking forward, earnings are forecast to grow by 49% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 31 Dec 2025S$9.9bS$3.1bS$295.7m15.4x33.4x3.2x
Fri, 28 Nov 2025S$9.5bS$3.1bS$294.7m15.4x32.2x3.1x
Sun, 26 Oct 2025S$9.6bS$3.1bS$305.1m16.3x31.5x3.1x
Tue, 23 Sep 2025S$9.4bS$3.1bS$307.3m15.4x30.5x3.1x
Thu, 21 Aug 2025S$9.2bS$3.1bS$388.6m13.9x23.8x3x
Sat, 19 Jul 2025S$9.1bS$3.0bS$365.7m12.7x24.8x3x
Mon, 16 Jun 2025S$8.6bS$3.1bS$372.6m12.1x23.1x2.8x
Wed, 14 May 2025S$8.5bS$3.1bS$367.7m12.6x23.2x2.8x
Fri, 11 Apr 2025S$8.7bS$3.1bS$372.7m12.6x23.3x2.8x
Sun, 09 Mar 2025S$9.1bS$3.1bS$347.5m12.6x26.3x3x
Tue, 04 Feb 2025S$8.7bS$3.0bS$350.4m16.9x24.8x2.9x
Thu, 02 Jan 2025S$8.8bS$3.0bS$350.5m16.6x25.2x3x
Sat, 30 Nov 2024S$8.8bS$3.0bS$349.9m16.5x25.1x3x
Mon, 28 Oct 2024S$8.6bS$2.9bS$360.1m16.1x24x2.9x
Wed, 25 Sep 2024S$8.6bS$3.0bS$365.2m16.3x23.6x2.9x
Fri, 23 Aug 2024S$8.4bS$2.9bS$345.3m16.9x24.4x2.9x
Sun, 21 Jul 2024S$8.8bS$2.9bS$360.8m18.5x24.4x3x
Tue, 18 Jun 2024S$8.6bS$2.9bS$364.4m17.3x23.6x3x
Thu, 16 May 2024S$8.6bS$2.9bS$366.9m15.3x23.5x3x
Sat, 13 Apr 2024S$8.4bS$2.9bS$357.8m16.5x23.5x2.9x
Mon, 11 Mar 2024S$8.3bS$2.9bS$414.3m15.5x20x2.8x
Wed, 07 Feb 2024S$8.3bS$2.9bS$400.9m14.2x20.8x2.9x
Fri, 05 Jan 2024S$9.4bS$3.2bS$441.3m15.8x21.2x2.9x
Sun, 03 Dec 2023S$12.3bS$4.4bS$579.6m15.3x21.2x2.8x
Tue, 31 Oct 2023S$12.0bS$4.4bS$598.1m15.7x20x2.7x
Thu, 28 Sep 2023S$12.6bS$4.4bS$598.1m16x21.1x2.9x
Sat, 26 Aug 2023S$12.5bS$4.4bS$662.3m16.1x18.9x2.8x
Mon, 24 Jul 2023S$13.4bS$4.5bS$648.7m16.1x20.7x3x
Wed, 21 Jun 2023S$13.8bS$4.5bS$650.1m14.8x21.2x3.1x
Fri, 19 May 2023S$14.2bS$4.5bS$651.1m15x21.8x3.1x
Sun, 16 Apr 2023S$13.9bS$4.6bS$638.3m14.9x21.8x3x
Tue, 14 Mar 2023S$13.4bS$4.4bS$632.1m16.1x21.2x3x
Thu, 09 Feb 2023S$13.4bS$4.4bS$679.5m15.9x19.7x3x
Sat, 07 Jan 2023S$13.0bS$4.4bS$679.6m15.6x19.2x2.9x
Price to Earnings Ratio

19.2x


Total Market Cap: S$13.0bTotal Earnings: S$679.6mTotal Revenue: S$4.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Healthcare Sector Price to Earnings3Y Average 23.6x20242025
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 33.4x which is higher than its 3-year average PE of 23.6x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 24% per year over the last three years,
  • Revenues have also declined 11% 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 Market0.37%
Healthcare1.44%
Medical Equipment1.84%
Healthcare Services1.63%
Pharma1.03%
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 7.9%, which is higher than its past year's earnings decline of 21.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 64% over the next 5 years.
  • This is better than its past earnings growth rate of 16% per year.
  • In contrast, the Medical Equipment 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
ULG UltraGreen.aiUS$1.517.1%
+US$110.3m
n/aPE30.9x
A50 Thomson Medical GroupS$0.063.4%
+S$52.9m
27.7%PS3.5x
1D4 Aoxin Q & M Dental GroupS$0.1773.2%
+S$36.3m
257.4%PS2.5x
8YY Embracing Future HoldingsS$0.05240.5%
+S$26.0m
79.3%PS36.2x
QC7 Q & M Dental Group (Singapore)S$0.554.8%
+S$23.6m
96.4%PE58.7x

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