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Singaporean (SGX) Medical Equipment Industry Analysis

UpdatedAug 25, 2026
DataAggregated Company Financials
Companies6
  • 7D-23.6%
  • 3M-31.7%
  • 1Y12.1%
  • YTD-39.3%

Over the last 7 days, the Medical Equipment industry has dropped 24%, driven by UltraGreen.ai declining 39%. In contrast, Quantum Healthcare has gained 100%. This takes the industry's 12 month performance to a gain of 12%. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Aug 2026S$2.2bS$855.1mS$113.2m15.1x19.5x2.6x
Fri, 24 Jul 2026S$2.8bS$821.5mS$91.4m23.3x30.7x3.4x
Sun, 21 Jun 2026S$3.0bS$818.3mS$90.8m24.9x32.6x3.6x
Tue, 19 May 2026S$2.9bS$826.7mS$92.7m23.8x31.4x3.5x
Thu, 16 Apr 2026S$3.0bS$838.1mS$97.5m23.8x30.4x3.5x
Sat, 14 Mar 2026S$3.1bS$834.6mS$101.9m25x30.2x3.7x
Mon, 09 Feb 2026S$1.4bS$679.7mS$39.6m15.4x35.4x2.1x
Wed, 07 Jan 2026S$1.6bS$674.2mS$38.2m18.4x41.6x2.4x
Fri, 05 Dec 2025S$1.5bS$674.2mS$37.7m18.1x39.8x2.2x
Sun, 02 Nov 2025S$1.6bS$685.8mS$42.8m17.6x36.3x2.3x
Tue, 30 Sep 2025S$1.3bS$669.0mS$43.3m14.2x29.5x1.9x
Thu, 28 Aug 2025S$1.3bS$661.0mS$44.6m14.1x28.2x1.9x
Sat, 26 Jul 2025S$1.2bS$644.3mS$47.0m12.4x26.5x1.9x
Mon, 23 Jun 2025S$1.2bS$643.9mS$46.7m11.8x25.4x1.8x
Wed, 21 May 2025S$1.3bS$643.2mS$46.2m13x27.8x2x
Fri, 18 Apr 2025S$1.5bS$639.2mS$49.5m15.4x30.4x2.4x
Sun, 16 Mar 2025S$1.6bS$642.4mS$50.1m16.2x32.3x2.5x
Tue, 11 Feb 2025S$1.7bS$601.7mS$52.2m17.9x33.3x2.9x
Thu, 09 Jan 2025S$1.8bS$603.8mS$52.3m18.3x34.2x3x
Sat, 07 Dec 2024S$1.8bS$601.3mS$52.6m18.6x34.4x3x
Mon, 04 Nov 2024S$1.5bS$581.0mS$46.3m16.3x33.4x2.7x
Wed, 02 Oct 2024S$1.5bS$584.8mS$48.7m15.6x31.5x2.6x
Fri, 30 Aug 2024S$1.5bS$569.4mS$34.9m21.1x43.6x2.7x
Sun, 28 Jul 2024S$1.6bS$551.1mS$23.6m23.6x69.5x3x
Tue, 25 Jun 2024S$1.7bS$550.6mS$23.1m26.3x74.3x3.1x
Thu, 23 May 2024S$1.6bS$550.1mS$23.2m24.7x69.1x2.9x
Sat, 20 Apr 2024S$1.4bS$545.5mS$15.1m24.9x91x2.5x
Mon, 18 Mar 2024S$1.2bS$544.1mS$15.6m21.2x76.8x2.2x
Wed, 14 Feb 2024S$1.3bS$564.3m-S$5,481,554.0117.4x-236.5x2.3x
Fri, 12 Jan 2024S$1.3bS$566.2m-S$899,939.0017.4x-1438.3x2.3x
Sun, 10 Dec 2023S$1.1bS$567.2m-S$1,191,959.0015.9x-941.2x2x
Tue, 07 Nov 2023S$1.1bS$571.5m-S$621,177.0015.6x-1757.1x1.9x
Thu, 05 Oct 2023S$1.1bS$586.9mS$18,644.0015.9x59352.3x1.9x
Sat, 02 Sep 2023S$1.1bS$591.0mS$2.6m13.5x436.4x1.9x
Price to Earnings Ratio

436.4x


Total Market Cap: S$1.1bTotal Earnings: S$2.6mTotal Revenue: S$591.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Medical Equipment Industry Price to Earnings3Y Average -4.8x202420252026
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 19.5x which is higher than its 3-year average PE of -4.8x.
  • The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Medical Equipment industry have grown 249% per year over the last three years.
  • Revenues for these companies have grown 13% 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-1.75%
Healthcare-8.09%
Medical Equipment-23.64%
Medical Equipment1.83%
Medical Supplies-24.43%
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 14.0%, which is higher than its past year's earnings growth of 5.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Medical Supplies industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 5.1% per year.
  • In contrast, the Medical Supplies industry is expected to see its earnings grow by 14% 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
V8Y Quantum HealthcareS$0.002100.0%
+S$12.6m		0%PS1.9x
8K7 UG HealthcareS$0.0796.8%
+S$3.1m		-24.8%PS0.3x

Latest News

8K7
S$0.079
UG Healthcare
7D
6.8%
1Y
-24.8%
ULG
US$0.72
UltraGreen.ai
7D
-39.5%
1Y
n/a
584
S$0.004
AJJ Medtech Holdings
7D
-20.0%
1Y
33.3%
AP4
S$0.81
Riverstone Holdings
7D
-1.8%
1Y
16.5%
V8Y
S$0.002
Quantum Healthcare
7D
100.0%
1Y
0%
8YY
S$0.032
Embracing Future Holdings
7D
-3.0%
1Y
39.1%
546
S$0.11
Medtecs International
7D
-0.9%
1Y
-11.1%