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Singaporean (SGX) Healthcare Services Industry Analysis

UpdatedSep 27, 2023
DataAggregated Company Financials
Companies22
  • 7D-0.2%
  • 3M-3.5%
  • 1Y-11.0%
  • YTD-11.9%

Over the last 7 days, the Healthcare Services industry has remained flat, although notably ISEC Healthcare gained 4.7%. As for the longer term, the industry has declined 12% in the last year. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

Has the Singaporean Healthcare Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Sep 2023S$6.1bS$2.2bS$269.3m19.4x22.5x2.7x
Fri, 25 Aug 2023S$6.1bS$2.2bS$301.0m17x20.1x2.7x
Sun, 23 Jul 2023S$6.4bS$2.2bS$306.5m17.1x20.9x2.9x
Tue, 20 Jun 2023S$6.3bS$2.2bS$308.7m17.3x20.5x2.8x
Thu, 18 May 2023S$6.3bS$2.2bS$304.8m17.5x20.8x2.8x
Sat, 15 Apr 2023S$6.7bS$2.2bS$295.2m17x22.7x3x
Mon, 13 Mar 2023S$6.7bS$2.2bS$295.1m17.3x22.8x3x
Wed, 08 Feb 2023S$6.9bS$2.1bS$258.5m19.2x26.6x3.3x
Fri, 06 Jan 2023S$6.8bS$2.1bS$261.0m18.9x26.2x3.2x
Sun, 04 Dec 2022S$6.9bS$2.1bS$261.1m19.1x26.4x3.3x
Tue, 01 Nov 2022S$6.7bS$2.1bS$269.4m14.7x24.9x3.2x
Thu, 29 Sep 2022S$6.8bS$2.1bS$267.0m15.9x25.4x3.2x
Sat, 27 Aug 2022S$7.1bS$2.0bS$231.0m17.5x30.6x3.5x
Mon, 25 Jul 2022S$6.5bS$2.0bS$319.7m16x20.4x3.3x
Wed, 22 Jun 2022S$6.5bS$2.0bS$319.7m16x20.4x3.3x
Fri, 20 May 2022S$6.5bS$1.9bS$310.8m15.7x21x3.3x
Sun, 17 Apr 2022S$6.9bS$1.9bS$309.9m16.5x22.3x3.6x
Tue, 15 Mar 2022S$6.7bS$2.0bS$295.0m16.2x22.8x3.4x
Thu, 10 Feb 2022S$7.2bS$1.8bS$200.9m17.7x36x4x
Sat, 08 Jan 2022S$7.4bS$1.8bS$201.2m17.2x36.7x4.1x
Mon, 06 Dec 2021S$7.3bS$1.8bS$201.2m17.8x36.2x4x
Wed, 03 Nov 2021S$7.4bS$1.8bS$197.4m27.8x37.3x4.1x
Fri, 01 Oct 2021S$7.5bS$1.8bS$198.6m17.2x37.7x4.2x
Sun, 29 Aug 2021S$7.4bS$1.8bS$198.2m17.9x37.5x4.2x
Mon, 05 Jul 2021S$7.2bS$1.8bS$198.2m18.8x36.3x4x
Thu, 08 Apr 2021S$7.7bS$1.7bS$75.0m21.8x102.7x4.6x
Sun, 10 Jan 2021S$5.5bS$1.5b-S$14,292,762.1026.6x-384.8x3.6x
Sat, 03 Oct 2020S$4.9bS$1.5bS$26.0m19.4x189.4x3.3x
Price to Earnings Ratio

189.4x


Total Market Cap: S$4.9bTotal Earnings: S$26.0mTotal Revenue: S$1.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Healthcare Services Industry Price to Earnings3Y Average 6x202120222023
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 22.4x which is higher than its 3-year average PE of 6.0x.
  • The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have grown 118% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

SG Market-0.83%
Healthcare-0.49%
Healthcare Services-0.21%
Healthcare Distributors0%
Managed Healthcare0%
Healthcare Facilities-0.16%
Healthcare Services-0.35%
Industry PE
  • Investors are most optimistic about the Healthcare Distributors industry even though it's trading below its 3-year average PE ratio of 107x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Healthcare Facilities industry, which is trading below its 3-year average of 32.0x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is better than its past earnings decline of 33% per year.
  • In contrast, the Healthcare Facilities industry is expected to see its earnings decline by 4.1% 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
40T ISEC HealthcareS$0.454.7%
+S$11.5m		32.8%PE19.4x
5NG Healthway MedicalS$0.0482.1%
+S$4.5m		37.1%PE25.1x
P8A Cordlife GroupS$0.412.5%
+S$2.6m		20.6%PE20.1x
1B1 HC Surgical SpecialistsS$0.371.4%
+S$2.6m		-9.8%PE19.5x
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Latest News

1B1

S$0.37

HC Surgical Specialists

7D

1.4%

1Y

-9.8%

40T

S$0.45

ISEC Healthcare

7D

4.7%

1Y

32.8%

P8A

S$0.41

Cordlife Group

7D

2.5%

1Y

20.6%

Estimating The Fair Value Of Cordlife Group Limited (SGX:P8A)

Sep 07
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OTX

S$0.20

Medinex

7D

-11.4%

1Y

-11.4%

QC7

S$0.26

Q & M Dental Group (Singapore)

7D

-1.9%

1Y

-24.6%

BSL

S$1.23

Raffles Medical Group

7D

-0.8%

1Y

-6.8%

Here's Why Raffles Medical Group (SGX:BSL) Has Caught The Eye Of Investors

Aug 23
Here's Why Raffles Medical Group (SGX:BSL) Has Caught The Eye Of Investors

1H3

S$0.02

Clearbridge Health

7D

-4.8%

1Y

-54.5%

1D4

S$0.077

Aoxin Q & M Dental Group

7D

-14.4%

1Y

-52.8%

5G3

S$0.40

TalkMed Group

7D

-1.3%

1Y

2.6%

5NG

S$0.048

Healthway Medical

7D

2.1%

1Y

37.1%