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Singaporean (SGX) Healthcare Sector Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies29
  • 7D1.8%
  • 3M-3.5%
  • 1Y-12.2%
  • YTD-5.1%

In the last week, the Healthcare industry is up 1.8%, with Riverstone Holdings up 4.9%. In the same time, ISEC Healthcare was down 11%. In contrast, the industry has lost 12% in the last 12 months. As for the next few years, earnings are expected to grow by 9.4% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Mar 2024S$8.5bS$2.9bS$411.8m14.2x20.7x2.9x
Sat, 24 Feb 2024S$8.5bS$2.9bS$359.6m13.8x23.7x3x
Mon, 22 Jan 2024S$9.0bS$3.2bS$441.7m14.8x20.3x2.8x
Wed, 20 Dec 2023S$9.4bS$3.2bS$440.6m15.4x21.3x2.9x
Fri, 17 Nov 2023S$11.8bS$4.3bS$578.8m15.8x20.3x2.7x
Sun, 15 Oct 2023S$12.3bS$4.4bS$595.8m15.9x20.6x2.8x
Tue, 12 Sep 2023S$12.6bS$4.4bS$598.6m16.1x21.1x2.9x
Thu, 10 Aug 2023S$13.2bS$4.4bS$627.7m16x21.1x3x
Sat, 08 Jul 2023S$13.4bS$4.5bS$646.6m15.5x20.7x3x
Mon, 05 Jun 2023S$14.2bS$4.5bS$653.1m14.4x21.7x3.2x
Wed, 03 May 2023S$14.0bS$4.6bS$665.4m14.7x21x3x
Fri, 31 Mar 2023S$13.7bS$4.4bS$630.3m14.6x21.7x3.1x
Sun, 26 Feb 2023S$13.6bS$4.4bS$665.2m16.1x20.4x3.1x
Tue, 24 Jan 2023S$13.2bS$4.4bS$679.3m15.6x19.4x3x
Thu, 22 Dec 2022S$12.7bS$4.4bS$677.2m15.5x18.8x2.9x
Sat, 19 Nov 2022S$13.1bS$4.4bS$673.3m15.8x19.4x3x
Mon, 17 Oct 2022S$12.0bS$4.5bS$728.4m14.2x16.5x2.7x
Wed, 14 Sep 2022S$13.3bS$4.5bS$739.0m15.9x18x2.9x
Fri, 12 Aug 2022S$13.4bS$4.8bS$908.7m15.4x14.7x2.8x
Sun, 10 Jul 2022S$12.8bS$4.7bS$979.9m15.2x13.1x2.7x
Tue, 07 Jun 2022S$12.9bS$4.7bS$975.5m14.6x13.2x2.7x
Thu, 05 May 2022S$13.1bS$4.9bS$1.1b14.4x11.9x2.7x
Sat, 02 Apr 2022S$14.1bS$4.9bS$1.1b14.8x12.6x2.8x
Mon, 28 Feb 2022S$13.9bS$5.2bS$1.2b14.9x11.1x2.7x
Wed, 26 Jan 2022S$14.0bS$5.1bS$1.2b14.7x11.7x2.7x
Fri, 24 Dec 2021S$14.5bS$5.1bS$1.2b14.9x12x2.8x
Sun, 21 Nov 2021S$14.4bS$5.1bS$1.2b15.2x11.9x2.8x
Tue, 19 Oct 2021S$15.3bS$5.0bS$1.2b14.8x13x3x
Thu, 16 Sep 2021S$15.2bS$5.0bS$1.2b16.3x13x3x
Sat, 14 Aug 2021S$16.6bS$5.0bS$1.2b15.3x14.2x3.3x
Wed, 09 Jun 2021S$16.2bS$4.7bS$913.0m18.3x17.7x3.4x
Price to Earnings Ratio

17.3x


Total Market Cap: S$15.8bTotal Earnings: S$912.4mTotal Revenue: S$4.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Healthcare Sector Price to Earnings3Y Average 17.1x202220232024
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 20.7x which is higher than its 3-year average PE of 17.1x.
  • 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 23% 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 Market1.94%
Healthcare1.79%
Medical Equipment5.82%
Pharma1.45%
Healthcare Services0.83%
Healthtech0%
Biotech0%
Life Sciences0%
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 10.4%, which is higher than its past year's earnings decline of 49.5% per year.
  • Investors are most pessimistic about the Pharma industry, which is trading below its 3-year average of 21.4x.
Forecasted Growth
  • Analysts are most optimistic on the Pharma industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 9.0% 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$0.854.9%
+S$59.3m
42.9%PE20.1x
A50 Thomson Medical GroupS$0.0522.0%
+S$26.4m
-23.5%PE87.1x
H02 Haw ParS$9.680.9%
+S$19.9m
-0.2%PE9.9x
9G2 Singapore Institute of Advanced Medicine HoldingsS$0.127.5%
+S$8.1m
n/aPS7.1x
QC7 Q & M Dental Group (Singapore)S$0.252.0%
+S$4.7m
-21.9%PE20.5x
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Latest News

AP4

S$0.85

Riverstone Holdings

7D

4.9%

1Y

42.9%

40T

S$0.37

ISEC Healthcare

7D

-10.8%

1Y

15.6%

V8Y

S$0.002

Quantum Healthcare

7D

-33.3%

1Y

-60.0%

584

S$0.006

AJJ Medtech Holdings

7D

50.0%

1Y

0%

1J5

S$0.27

Hyphens Pharma International

7D

-7.0%

1Y

-20.9%

QC7

S$0.25

Q & M Dental Group (Singapore)

7D

2.0%

1Y

-21.9%

9G2

S$0.12

Singapore Institute of Advanced Medicine Holdings

7D

7.5%

1Y

n/a

1H3

S$0.011

Clearbridge Health

7D

22.2%

1Y

-64.5%

H02

S$9.68

Haw Par

7D

0.9%

1Y

-0.2%

5G3

S$0.36

TalkMed Group

7D

-1.4%

1Y

-12.2%

UUK

S$0.07

Pasture Holdings

7D

-30.7%

1Y

n/a

8K7

S$0.11

UG Healthcare

7D

-8.3%

1Y

-31.3%

42C

S$0.052

iX Biopharma

7D

13.0%

1Y

-39.5%