A Look At The Intrinsic Value Of SIA Engineering Company Limited (SGX:S59)
Dec 07
Singaporean (SGX) Industrials Sector Analysis
UpdatedDec 08, 2022
DataAggregated Company Financials
Companies164
- 7D-0.3%
- 3M-3.5%
- 1Y4.4%
- YTD3.8%
In the last week, the Industrials industry is flat overall, with Jardine Cycle & Carriage standing out by going down 7.2%. The past year has been better, since the industry has gained 4.6% in that time. Looking forward, earnings are expected to remain mostly flat in the next few years.
Sector Valuation and Performance
Has the Singaporean Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Dec 2022 | S$119.9b | S$137.9b | S$7.6b | 8.9x | 15.8x | 0.9x |
| Sat, 05 Nov 2022 | S$117.7b | S$133.4b | S$6.0b | 8.7x | 19.6x | 0.9x |
| Mon, 03 Oct 2022 | S$117.3b | S$133.9b | S$6.1b | 9x | 19.4x | 0.9x |
| Wed, 31 Aug 2022 | S$123.1b | S$133.0b | S$6.0b | 9.2x | 20.3x | 0.9x |
| Fri, 29 Jul 2022 | S$120.8b | S$127.2b | S$4.7b | 10.7x | 25.9x | 0.9x |
| Sun, 26 Jun 2022 | S$119.3b | S$126.9b | S$4.7b | 11.1x | 25.4x | 0.9x |
| Tue, 24 May 2022 | S$104.5b | S$126.3b | S$4.8b | 10.9x | 21.6x | 0.8x |
| Thu, 21 Apr 2022 | S$112.2b | S$126.9b | S$4.2b | 11.7x | 26.5x | 0.9x |
| Sat, 19 Mar 2022 | S$106.3b | S$126.8b | S$4.0b | 10.8x | 26.3x | 0.8x |
| Mon, 14 Feb 2022 | S$106.9b | S$118.1b | S$1.7b | 11.5x | 62x | 0.9x |
| Wed, 12 Jan 2022 | S$102.0b | S$116.3b | S$985.4m | 11.6x | 103.5x | 0.9x |
| Fri, 10 Dec 2021 | S$102.2b | S$116.2b | S$961.8m | 12.3x | 106.3x | 0.9x |
| Sun, 07 Nov 2021 | S$97.2b | S$94.3b | -S$1,816,211,060.00 | 12.3x | -53.5x | 1x |
| Tue, 05 Oct 2021 | S$93.6b | S$94.3b | -S$1,939,315,955.00 | 11.9x | -48.2x | 1x |
| Thu, 02 Sep 2021 | S$94.8b | S$94.2b | -S$2,023,192,313.97 | 12.2x | -46.9x | 1x |
| Sat, 31 Jul 2021 | S$96.3b | S$94.2b | -S$2,023,192,313.97 | 11.9x | -47.6x | 1x |
| Tue, 04 May 2021 | S$100.3b | S$90.8b | -S$4,087,273,057.70 | 14.1x | -24.5x | 1.1x |
| Fri, 05 Feb 2021 | S$87.4b | S$90.7b | -S$4,955,259,983.96 | 15.7x | -17.6x | 1x |
| Mon, 09 Nov 2020 | S$73.3b | S$98.5b | -S$3,715,573,394.23 | 11.8x | -19.7x | 0.7x |
| Sun, 02 Aug 2020 | S$72.5b | S$106.9b | -S$1,095,766,119.66 | 13.4x | -66.2x | 0.7x |
| Wed, 06 May 2020 | S$74.5b | S$115.7b | S$3.8b | 11.7x | 19.5x | 0.6x |
| Sat, 08 Feb 2020 | S$91.9b | S$119.4b | S$6.7b | 13.9x | 13.7x | 0.8x |
Price to Earnings Ratio
14.1x
Current Industry PE
- Investors are optimistic on the Singaporean Industrials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 15.9x which is higher than its 3-year average PE of 4.7x.
- The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 4.0% per year over the last three years.
- Revenues for these companies have grown 5.0% 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 Industrials sector?
| SG Market | -1.03% | |
| Industrials | -0.25% | |
| Infrastructure | 5.92% | |
| Commercial Services | 2.30% | |
| Logistics | 1.51% | |
| Airlines | 1.27% | |
| Electrical | 1.26% | |
| Transportation | 0.83% | |
| Professional Services | 0.83% | |
| Building | -0.25% | |
| Machinery | -0.32% | |
| Construction | -0.49% | |
| Trade Distributors | -0.62% | |
| Aerospace & Defense | -1.98% | |
| Industrials | -2.30% | |
| Marine and Shipping | -3.89% | |
Industry PE
- Investors are most optimistic about the Airlines industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings decline of 0 so the market might believe that analysts are underestimating future growth.
- Investors are most pessimistic about the Marine and Shipping industry, which is trading below its 3-year average of 22.3x.
Forecasted Growth
- Analysts are most optimistic on the Infrastructure industry, expecting annual earnings growth of 47% over the next 5 years.
- However this is lower than its past earnings growth rate of 76% per year.
- In contrast, the Marine and Shipping industry is expected to see its earnings decline by 32% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| C6L Singapore Airlines | S$5.57 | 1.3% +S$451.4m | 11.2% | PE44.8x | |
| S58 SATS | S$2.86 | 7.1% +S$213.6m | -26.5% | PS2.3x | |
| NS8U Hutchison Port Holdings Trust | US$0.20 | 7.0% +US$113.2m | -11.6% | PE8x | |
| S51 Sembcorp Marine | S$0.14 | 2.9% +S$125.6m | 69.0% | PS2.1x | |
| S59 SIA Engineering | S$2.32 | 3.6% +S$89.4m | 3.1% | PE34.7x |
