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Singaporean (SGX) Healthcare Services Industry Analysis

UpdatedJun 16, 2024
DataAggregated Company Financials
Companies21
  • 7D-0.06%
  • 3M-1.7%
  • 1Y-21.3%
  • YTD-12.2%

The Healthcare Services industry has been flat over the last week, but Singapore Institute of Advanced Medicine Holdings has lost 14%. Unfortunately though, the industry is down 21% over the past 12 months. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Jun 2024S$4.7bS$1.9bS$125.4m17.3x37.6x2.5x
Tue, 14 May 2024S$4.8bS$1.9bS$127.8m15.3x37.2x2.5x
Thu, 11 Apr 2024S$4.8bS$1.9bS$128.0m16.3x37.7x2.5x
Sat, 09 Mar 2024S$4.8bS$1.9bS$179.9m14.2x26.6x2.5x
Mon, 05 Feb 2024S$5.4bS$2.3bS$271.4m15x19.9x2.4x
Wed, 03 Jan 2024S$5.8bS$2.3bS$270.0m15.8x21.5x2.6x
Fri, 01 Dec 2023S$5.6bS$2.3bS$269.9m16x20.7x2.5x
Sun, 29 Oct 2023S$5.8bS$2.2bS$272.3m16.7x21.2x2.6x
Tue, 26 Sep 2023S$6.0bS$2.2bS$269.4m17.7x22.4x2.7x
Thu, 24 Aug 2023S$6.1bS$2.2bS$301.0m17x20.2x2.7x
Sat, 22 Jul 2023S$6.4bS$2.2bS$306.5m17.1x20.9x2.9x
Mon, 19 Jun 2023S$6.4bS$2.2bS$308.7m17.9x20.7x2.9x
Wed, 17 May 2023S$6.3bS$2.2bS$304.8m17.6x20.8x2.8x
Fri, 14 Apr 2023S$6.7bS$2.2bS$295.3m16.4x22.6x3x
Sun, 12 Mar 2023S$6.7bS$2.2bS$295.1m17.3x22.8x3x
Tue, 07 Feb 2023S$6.9bS$2.1bS$258.5m19.2x26.7x3.3x
Thu, 05 Jan 2023S$6.8bS$2.1bS$261.1m19.4x26.2x3.2x
Sat, 03 Dec 2022S$6.9bS$2.1bS$261.1m19.1x26.4x3.3x
Mon, 31 Oct 2022S$6.6bS$2.1bS$269.4m14.7x24.4x3.1x
Wed, 28 Sep 2022S$6.8bS$2.1bS$267.0m15.9x25.6x3.2x
Fri, 26 Aug 2022S$7.0bS$2.0bS$231.0m17x30.4x3.4x
Sun, 24 Jul 2022S$6.5bS$2.0bS$319.7m16x20.4x3.3x
Tue, 21 Jun 2022S$6.5bS$2.0bS$319.7m16x20.3x3.3x
Thu, 19 May 2022S$6.6bS$1.9bS$310.8m15.8x21.1x3.4x
Sat, 16 Apr 2022S$6.9bS$1.9bS$309.9m16.5x22.3x3.6x
Mon, 14 Mar 2022S$6.7bS$2.0bS$295.0m16.3x22.7x3.4x
Wed, 09 Feb 2022S$7.2bS$1.8bS$200.9m17.2x35.7x3.9x
Fri, 07 Jan 2022S$7.4bS$1.8bS$201.2m22.4x36.7x4.1x
Sun, 05 Dec 2021S$7.3bS$1.8bS$201.2m17.8x36.2x4x
Tue, 02 Nov 2021S$7.4bS$1.8bS$197.4m17.2x37.3x4.1x
Thu, 30 Sep 2021S$7.3bS$1.8bS$198.7m16.7x36.7x4.1x
Sat, 28 Aug 2021S$7.4bS$1.8bS$198.2m17.9x37.5x4.2x
Sun, 04 Jul 2021S$7.2bS$1.8bS$198.2m18.8x36.3x4x
Price to Earnings Ratio

36.3x


Total Market Cap: S$7.2bTotal Earnings: S$198.2mTotal Revenue: S$1.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Healthcare Services Industry Price to Earnings3Y Average 27x202220232024
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 37.6x which is higher than its 3-year average PE of 27.0x.
  • The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Healthcare industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

SG Market-0.92%
Healthcare-0.31%
Healthcare Services-0.058%
Healthcare Distributors0%
Healthcare Facilities0%
Managed Healthcare0%
Healthcare Services-0.25%
Industry PE
  • Investors are most optimistic about the Healthcare Facilities industry, which is trading close to its 3-year average PE ratio of 26.1x.
    • Analysts are expecting annual earnings growth of 16.4%, which is higher than its past year's earnings decline of 5.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 5.9% per year.
  • In contrast, the Healthcare Services industry is expected to see its earnings grow by 12% 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
5G3 TalkMed GroupS$0.401.3%
+S$6.6m		-3.6%PE16.5x
QC7 Q & M Dental Group (Singapore)S$0.242.1%
+S$4.7m		-18.6%PE19.7x
PRH Livingstone Health HoldingsS$0.0233.3%
+S$2.5m		-60.0%PS0.4x
1B1 HC Surgical SpecialistsS$0.285.6%
+S$2.3m		-40.6%PE10.1x
P8A Cordlife GroupS$0.152.0%
+S$768.9k		-61.5%PE11.1x
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FRQ

S$0.14

Singapore Paincare Holdings

7D

-14.4%

1Y

-29.7%

OTX

S$0.20

Medinex

7D

2.1%

1Y

n/a

PRH

S$0.02

Livingstone Health Holdings

7D

33.3%

1Y

-60.0%

P8A

S$0.15

Cordlife Group

7D

2.0%

1Y

-61.5%

9G2

S$0.10

Singapore Institute of Advanced Medicine Holdings

7D

-13.6%

1Y

n/a

NPL

S$0.15

Niks Professional

7D

-0.7%

1Y

n/a

QC7

S$0.24

Q & M Dental Group (Singapore)

7D

2.1%

1Y

-18.6%

5G3

S$0.40

TalkMed Group

7D

1.3%

1Y

-3.6%

1H3

S$0.011

Clearbridge Health

7D

10.0%

1Y

-56.0%

1B1

S$0.28

HC Surgical Specialists

7D

5.6%

1Y

-40.6%