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Singaporean (SGX) Industrials Sector Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies146
- 7D0.5%
- 3M3.6%
- 1Y9.1%
- YTD-0.7%
In the last week, Industrials has been flat. As for the the longer term, the industry is up 8.9% over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | S$114.1b | S$154.1b | S$6.1b | 10.3x | 18.8x | 0.7x |
| Thu, 19 Dec 2024 | S$112.8b | S$153.7b | S$6.0b | 10x | 18.7x | 0.7x |
| Sat, 16 Nov 2024 | S$111.4b | S$153.8b | S$6.0b | 10.7x | 18.5x | 0.7x |
| Mon, 14 Oct 2024 | S$114.2b | S$152.0b | S$6.5b | 10.1x | 17.7x | 0.8x |
| Wed, 11 Sep 2024 | S$108.9b | S$152.0b | S$6.5b | 9.9x | 16.9x | 0.7x |
| Fri, 09 Aug 2024 | S$104.0b | S$151.6b | S$6.1b | 10.1x | 17.2x | 0.7x |
| Sun, 07 Jul 2024 | S$109.5b | S$153.6b | S$6.7b | 10.6x | 16.3x | 0.7x |
| Tue, 04 Jun 2024 | S$110.3b | S$153.8b | S$6.8b | 10.8x | 16.2x | 0.7x |
| Thu, 02 May 2024 | S$111.0b | S$153.3b | S$6.6b | 10.4x | 16.7x | 0.7x |
| Sat, 30 Mar 2024 | S$108.6b | S$152.8b | S$6.7b | 10.1x | 16.3x | 0.7x |
| Mon, 26 Feb 2024 | S$110.8b | S$149.8b | S$7.1b | 10.6x | 15.6x | 0.7x |
| Wed, 24 Jan 2024 | S$112.0b | S$151.8b | S$7.1b | 10.3x | 15.7x | 0.7x |
| Fri, 22 Dec 2023 | S$111.0b | S$151.5b | S$7.1b | 10.2x | 15.6x | 0.7x |
| Sun, 19 Nov 2023 | S$110.5b | S$152.0b | S$7.1b | 10.3x | 15.5x | 0.7x |
| Tue, 17 Oct 2023 | S$122.5b | S$150.2b | S$6.6b | 11.1x | 18.6x | 0.8x |
| Thu, 14 Sep 2023 | S$126.6b | S$149.9b | S$6.6b | 11x | 19.2x | 0.8x |
| Sat, 12 Aug 2023 | S$131.4b | S$149.2b | S$6.6b | 9.7x | 19.8x | 0.9x |
| Mon, 10 Jul 2023 | S$128.3b | S$145.5b | S$6.5b | 10.7x | 19.7x | 0.9x |
| Wed, 07 Jun 2023 | S$124.4b | S$145.7b | S$6.5b | 10.9x | 19x | 0.9x |
| Fri, 05 May 2023 | S$127.8b | S$140.4b | S$5.2b | 10.9x | 24.7x | 0.9x |
| Sun, 02 Apr 2023 | S$123.8b | S$140.5b | S$5.2b | 10.9x | 23.9x | 0.9x |
| Tue, 28 Feb 2023 | S$118.4b | S$137.7b | S$7.5b | 10x | 15.9x | 0.9x |
| Thu, 26 Jan 2023 | S$123.5b | S$138.3b | S$8.1b | 9.5x | 15.3x | 0.9x |
| Sat, 24 Dec 2022 | S$120.1b | S$138.0b | S$7.6b | 9.1x | 15.8x | 0.9x |
| Mon, 21 Nov 2022 | S$118.6b | S$138.2b | S$7.6b | 9.2x | 15.6x | 0.9x |
| Wed, 19 Oct 2022 | S$113.6b | S$133.4b | S$6.0b | 8.8x | 18.9x | 0.9x |
| Fri, 16 Sep 2022 | S$125.3b | S$133.2b | S$6.0b | 9.1x | 20.8x | 0.9x |
| Sun, 14 Aug 2022 | S$123.2b | S$133.1b | S$6.0b | 10.1x | 20.6x | 0.9x |
| Tue, 12 Jul 2022 | S$118.8b | S$127.2b | S$4.7b | 10.8x | 25.2x | 0.9x |
| Thu, 09 Jun 2022 | S$107.0b | S$126.7b | S$4.7b | 11.3x | 22.7x | 0.8x |
| Sat, 07 May 2022 | S$108.5b | S$123.8b | S$4.2b | 11.6x | 25.7x | 0.9x |
| Mon, 04 Apr 2022 | S$110.7b | S$126.9b | S$4.0b | 11x | 27.4x | 0.9x |
| Wed, 02 Mar 2022 | S$106.3b | S$124.2b | S$2.2b | 11.5x | 49.1x | 0.9x |
| Fri, 28 Jan 2022 | S$101.3b | S$116.3b | S$972.7m | 11.7x | 104.2x | 0.9x |
Price to Earnings Ratio
104.2x
Current Industry PE
- Investors are pessimistic on the Singaporean Industrials 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 18.8x which is lower than its 3-year average PE of 21.0x.
- The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 84% per year over the last three years.
- Revenues for these companies have grown 9.9% 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 | 0.67% | |
| Industrials | 0.47% | |
| Trade Distributors | 4.02% | |
| Logistics | 3.37% | |
| Construction | 1.70% | |
| Aerospace & Defense | 1.46% | |
| Marine and Shipping | 1.43% | |
| Building | 0.87% | |
| Airlines | 0.47% | |
| Industrials | 0.35% | |
| Professional Services | 0.33% | |
| Infrastructure | 0.039% | |
| Machinery | 0.015% | |
| Electrical | -0.02% | |
| Commercial Services | -0.22% | |
| Transportation | -1.68% | |
Industry PE
- Investors are most optimistic about the Infrastructure industry even though it's trading below its 3-year average PE ratio of 42.7x.
- Analysts are expecting annual earnings growth of 18.5%, which is higher than its past year's earnings decline of 11.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Machinery industry, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings decline of 6.3% per year.
- In contrast, the Airlines industry is expected to see its earnings decline by 22% 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$6.37 | 1.6% +S$297.3m | -2.3% | PE9.6x | |
| S63 Singapore Technologies Engineering | S$4.72 | 1.7% +S$249.1m | 22.6% | PE22.9x | |
| 5E2 Seatrium | S$2.25 | 3.2% +S$236.9m | 8.2% | PS0.9x | |
| J36 Jardine Matheson Holdings | US$40.84 | 1.3% +US$148.7m | 2.1% | PE148.9x | |
| S08 Singapore Post | S$0.56 | 4.7% +S$56.3m | 29.1% | PE15.9x |
