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Singaporean (SGX) Medical Equipment Industry Analysis

UpdatedMar 31, 2025
DataAggregated Company Financials
Companies5
  • 7D0.04%
  • 3M-11.0%
  • 1Y8.2%
  • YTD-12.3%

In the last week, the Medical Equipment industry is flat overall, with Biolidics standing out by going down 8.0%. As for the the longer term, the industry is up 8.2% over the past 12 months. Looking forward, earnings are forecast to grow by 3.7% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 31 Mar 2025S$1.6bS$645.6mS$50.7m15.9x31.6x2.5x
Wed, 26 Feb 2025S$1.7bS$638.3mS$57.2m17x29.1x2.6x
Fri, 24 Jan 2025S$1.7bS$604.5mS$52.9m17.4x32.3x2.8x
Sun, 22 Dec 2024S$1.8bS$599.5mS$51.5m18.9x35.1x3x
Tue, 19 Nov 2024S$1.7bS$598.6mS$51.7m17.5x32.6x2.8x
Thu, 17 Oct 2024S$1.5bS$582.2mS$47.2m15.9x32.4x2.6x
Sat, 14 Sep 2024S$1.5bS$589.7mS$49.8m20.8x30.1x2.5x
Mon, 12 Aug 2024S$1.5bS$568.2mS$33.8m20.4x45.7x2.7x
Wed, 10 Jul 2024S$1.7bS$550.2mS$23.1m25.4x71.7x3x
Fri, 07 Jun 2024S$1.6bS$550.1mS$23.2m23.5x68.4x2.9x
Sun, 05 May 2024S$1.3bS$544.9mS$15.3m24.2x87.9x2.5x
Tue, 02 Apr 2024S$1.4bS$545.6mS$15.6m25.2x91.1x2.6x
Thu, 29 Feb 2024S$1.3bS$558.2m-S$5,707,073.2317.7x-226.7x2.3x
Sat, 27 Jan 2024S$1.3bS$563.9m-S$1,819,365.0017.5x-705.4x2.3x
Mon, 25 Dec 2023S$1.3bS$565.7m-S$787,857.0018.7x-1691.1x2.4x
Wed, 22 Nov 2023S$1.1bS$567.5m-S$946,352.0016.4x-1190.2x2x
Fri, 20 Oct 2023S$1.1bS$583.4m-S$760,175.0015.3x-1389.4x1.8x
Sun, 17 Sep 2023S$1.1bS$591.1mS$2.3m13.3x487.1x1.9x
Tue, 15 Aug 2023S$1.2bS$669.8mS$36.8m10.5x31.7x1.7x
Thu, 13 Jul 2023S$1.2bS$700.4mS$51.5m11.2x23x1.7x
Sat, 10 Jun 2023S$1.2bS$717.5mS$52.9m12.5x22.1x1.6x
Mon, 08 May 2023S$1.2bS$761.6mS$73.2m9.4x15.8x1.5x
Wed, 05 Apr 2023S$1.2bS$776.8mS$70.3m9.7x17.3x1.6x
Fri, 03 Mar 2023S$1.1bS$763.4mS$75.8m9.4x15x1.5x
Sun, 29 Jan 2023S$1.3bS$932.3mS$157.2m8.4x8.3x1.4x
Tue, 27 Dec 2022S$1.3bS$928.4mS$155.1m8.1x8.2x1.4x
Thu, 24 Nov 2022S$1.2bS$927.2mS$153.8m7.7x7.7x1.3x
Sat, 22 Oct 2022S$1.2bS$1.0bS$214.0m4.8x5.4x1.1x
Mon, 19 Sep 2022S$1.3bS$1.0bS$221.0m5.4x5.7x1.2x
Wed, 17 Aug 2022S$1.4bS$1.2bS$300.4m5x4.6x1.2x
Fri, 15 Jul 2022S$1.5bS$1.4bS$431.5m4.1x3.5x1.1x
Sun, 12 Jun 2022S$1.4bS$1.4bS$430.1m4.2x3.3x1x
Tue, 10 May 2022S$1.5bS$1.6bS$563.0m3.5x2.7x0.9x
Thu, 07 Apr 2022S$1.9bS$1.6bS$570.0m4.4x3.4x1.2x
Price to Earnings Ratio

3.4x


Total Market Cap: S$1.9bTotal Earnings: S$570.0mTotal Revenue: S$1.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Medical Equipment Industry Price to Earnings3Y Average -14.7x202320242025
Current Industry PE
  • Investors are optimistic on the Singaporean Medical Equipment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.6x which is higher than its 3-year average PE of -14.7x.
  • The 3-year average PS ratio of 2.0x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have declined 55% 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 Market0.97%
Healthcare0.17%
Medical Equipment0.037%
Medical Supplies0.33%
Medical Equipment-5.14%
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 3.7%, which is lower than the prior year's growth of 30.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 3.7% over the next 5 years.
  • However this is lower than its past earnings growth rate of 30% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 3.7% 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$0.930.5%
+S$7.4m		9.4%PE15.9x
584 AJJ Medtech HoldingsS$0.00350.0%
+S$1.5m		-50.0%PS1.9x
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569

S$0.083

Vicplas International

7D

-2.4%

1Y

-30.3%

AP4

S$0.93

Riverstone Holdings

7D

0.5%

1Y

9.4%

8YY

S$0.023

Biolidics

7D

-8.0%

1Y

91.7%

546

S$0.13

Medtecs International

7D

-0.8%

1Y

-1.5%

8K7

S$0.12

UG Healthcare

7D

-2.5%

1Y

6.4%

584

S$0.003

AJJ Medtech Holdings

7D

50.0%

1Y

-50.0%