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Singaporean (SGX) Medical Equipment Industry Analysis

UpdatedMay 17, 2025
DataAggregated Company Financials
Companies5
  • 7D-1.5%
  • 3M-25.3%
  • 1Y-18.9%
  • YTD-28.3%

Over the last 7 days, the Medical Equipment industry has dropped 19%, driven by a pullback from Riverstone Holdings of 15%. In contrast, Medtecs International has gained 5.3%. The industry has fallen 22% in the last year. Earnings are forecast to grow by 4.5% annually.

Industry Valuation and Performance

Has the Singaporean Medical Equipment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 May 2025S$1.3bS$644.0mS$46.3m13.4x28.3x2x
Tue, 15 Apr 2025S$1.5bS$639.3mS$49.9m15.3x30x2.3x
Thu, 13 Mar 2025S$1.6bS$641.1mS$50.5m16.5x32.6x2.6x
Sat, 08 Feb 2025S$1.8bS$603.0mS$52.7m18x33.3x2.9x
Mon, 06 Jan 2025S$1.8bS$604.3mS$52.4m18.5x34.4x3x
Wed, 04 Dec 2024S$1.8bS$599.2mS$51.8m18.5x34.4x3x
Fri, 01 Nov 2024S$1.5bS$580.0mS$46.1m16.4x33.6x2.7x
Sun, 29 Sep 2024S$1.5bS$585.8mS$49.2m15.7x31.3x2.6x
Tue, 27 Aug 2024S$1.6bS$567.4mS$34.3m21.3x45.9x2.8x
Thu, 25 Jul 2024S$1.6bS$550.7mS$23.4m23.3x68.5x2.9x
Sat, 22 Jun 2024S$1.7bS$551.1mS$23.2m26.3x74.3x3.1x
Mon, 20 May 2024S$1.6bS$550.0mS$23.2m24.7x68.8x2.9x
Wed, 17 Apr 2024S$1.4bS$545.8mS$15.1m25x92.3x2.6x
Fri, 15 Mar 2024S$1.2bS$558.5mS$17.9m15.3x68.2x2.2x
Sun, 11 Feb 2024S$1.3bS$564.6m-S$5,456,510.9417.9x-238.3x2.3x
Tue, 09 Jan 2024S$1.3bS$566.2m-S$994,618.0017.8x-1326x2.3x
Thu, 07 Dec 2023S$1.1bS$567.5m-S$1,105,565.0015.9x-1015x2x
Sat, 04 Nov 2023S$1.1bS$582.9m-S$376,422.0015.2x-2841.8x1.8x
Mon, 02 Oct 2023S$1.1bS$586.4mS$102.5k15.5x10654.1x1.9x
Wed, 30 Aug 2023S$1.2bS$661.3mS$34.1m10.9x33.9x1.8x
Fri, 28 Jul 2023S$1.2bS$704.5mS$53.1m11.3x22.1x1.7x
Sun, 25 Jun 2023S$1.1bS$702.7mS$51.4m11.3x22.3x1.6x
Tue, 23 May 2023S$1.2bS$710.1mS$53.3m11.9x21.8x1.6x
Thu, 20 Apr 2023S$1.2bS$765.4mS$73.7m9.8x16.3x1.6x
Sat, 18 Mar 2023S$1.1bS$775.9mS$69.3m9.2x15.8x1.4x
Mon, 13 Feb 2023S$1.2bS$929.8mS$156.0m7.9x7.8x1.3x
Wed, 11 Jan 2023S$1.2bS$926.3mS$155.0m7.8x7.9x1.3x
Fri, 09 Dec 2022S$1.2bS$934.4mS$156.5m7.8x7.7x1.3x
Sun, 06 Nov 2022S$1.2bS$1.0bS$213.5m4.8x5.4x1.1x
Tue, 04 Oct 2022S$1.1bS$1.1bS$218.8m4.6x5x1x
Thu, 01 Sep 2022S$1.4bS$1.1bS$222.4m5.8x6.2x1.3x
Sat, 30 Jul 2022S$1.5bS$1.4bS$425.2m4x3.5x1.1x
Mon, 27 Jun 2022S$1.4bS$1.4bS$429.9m4x3.3x1x
Wed, 25 May 2022S$1.5bS$1.6bS$556.9m3.5x2.7x0.9x
Price to Earnings Ratio

2.7x


Total Market Cap: S$1.5bTotal Earnings: S$556.9mTotal Revenue: S$1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Medical Equipment Industry Price to Earnings3Y Average -13.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Singaporean Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 27.6x which is higher than its 3-year average PE of -13.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 56% per year over the last three years,
  • Revenues have also declined 26% 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 industry?

SG Market0.50%
Healthcare-1.17%
Medical Equipment-1.47%
Medical Equipment5.89%
Medical Supplies-1.89%
Industry PE
  • Investors are most optimistic about the Medical Supplies industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 4.5%, which is lower than the prior year's growth of 10.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 4.5% over the next 5 years.
  • However this is lower than its past earnings growth rate of 10% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 4.5% 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
546 Medtecs InternationalS$0.1311.5%
+S$7.1m		-14.3%PS1x
8K7 UG HealthcareS$0.1110.0%
+S$6.2m		-14.1%PS0.5x
569 Vicplas InternationalS$0.086.7%
+S$2.6m		-29.8%PS0.4x
8YY BiolidicsS$0.0215.0%
+S$1.7m		90.9%PS41.4x
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Latest News

AP4

S$0.74

Riverstone Holdings

7D

-3.3%

1Y

-20.4%

8YY

S$0.021

Biolidics

7D

5.0%

1Y

90.9%

546

S$0.13

Medtecs International

7D

11.5%

1Y

-14.3%

569

S$0.08

Vicplas International

7D

6.7%

1Y

-29.8%

8K7

S$0.11

UG Healthcare

7D

10.0%

1Y

-14.1%