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Singaporean (SGX) Industrials Sector Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies148
  • 7D1.7%
  • 3M7.8%
  • 1Y10.0%
  • YTD6.1%

Over the last 7 days, the Industrials industry has risen 1.3%, driven by gains from Jardine Matheson Holdings of 6.8%. This means that the industry has gained 9.9% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

Has the Singaporean Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024S$112.4bS$153.8bS$6.0b10.7x18.6x0.7x
Sat, 19 Oct 2024S$114.8bS$152.2bS$6.5b10.3x17.7x0.8x
Mon, 16 Sep 2024S$111.4bS$151.8bS$6.4b10.4x17.3x0.7x
Wed, 14 Aug 2024S$105.7bS$151.9bS$6.4b9.8x16.6x0.7x
Fri, 12 Jul 2024S$110.3bS$153.5bS$6.7b10.7x16.3x0.7x
Sun, 09 Jun 2024S$110.6bS$153.7bS$6.7b10.4x16.4x0.7x
Tue, 07 May 2024S$104.0bS$145.6bS$8.6b10.1x12.1x0.7x
Thu, 04 Apr 2024S$109.3bS$152.8bS$6.7b10.6x16.4x0.7x
Sat, 02 Mar 2024S$99.0bS$149.8bS$8.0b9.8x12.4x0.7x
Mon, 29 Jan 2024S$112.9bS$151.9bS$7.1b10.2x15.8x0.7x
Wed, 27 Dec 2023S$111.8bS$151.4bS$7.1b10.2x15.7x0.7x
Fri, 24 Nov 2023S$111.0bS$152.0bS$7.1b10.2x15.5x0.7x
Sun, 22 Oct 2023S$114.8bS$150.2bS$6.6b10.9x17.4x0.8x
Tue, 19 Sep 2023S$126.9bS$150.0bS$6.6b11x19.3x0.8x
Thu, 17 Aug 2023S$129.0bS$149.7bS$6.6b10.5x19.6x0.9x
Sat, 15 Jul 2023S$132.2bS$144.9bS$6.5b10.8x20.4x0.9x
Mon, 12 Jun 2023S$126.4bS$145.5bS$6.5b10.3x19.3x0.9x
Wed, 10 May 2023S$127.8bS$140.4bS$5.2b11x24.7x0.9x
Fri, 07 Apr 2023S$125.2bS$140.4bS$5.2b10.7x24.2x0.9x
Sun, 05 Mar 2023S$121.9bS$141.0bS$5.3b10x22.8x0.9x
Tue, 31 Jan 2023S$126.1bS$138.2bS$8.1b9.6x15.7x0.9x
Thu, 29 Dec 2022S$120.5bS$138.0bS$7.6b9x15.9x0.9x
Sat, 26 Nov 2022S$119.7bS$138.3bS$7.6b9.4x15.8x0.9x
Mon, 24 Oct 2022S$112.3bS$133.4bS$6.0b8.8x18.7x0.8x
Wed, 21 Sep 2022S$124.7bS$133.3bS$6.0b9.2x20.7x0.9x
Fri, 19 Aug 2022S$123.6bS$132.9bS$6.1b9.4x20.4x0.9x
Sun, 17 Jul 2022S$118.2bS$127.2bS$4.7b10.9x25.1x0.9x
Tue, 14 Jun 2022S$104.1bS$127.0bS$4.7b10.9x22.1x0.8x
Thu, 12 May 2022S$106.3bS$123.8bS$4.2b11x25.3x0.9x
Sat, 09 Apr 2022S$111.4bS$127.0bS$4.2b11.3x26.3x0.9x
Mon, 07 Mar 2022S$106.0bS$127.0bS$4.0b11.2x26.2x0.8x
Wed, 02 Feb 2022S$102.1bS$117.9bS$1.7b11.6x61.1x0.9x
Fri, 31 Dec 2021S$101.1bS$116.0bS$952.0m12.5x106.2x0.9x
Sun, 28 Nov 2021S$95.2bS$95.9bS$313.1m12.7x304.1x1x
Price to Earnings Ratio

304.1x


Total Market Cap: S$95.2bTotal Earnings: S$313.1mTotal Revenue: S$95.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Industrials Sector Price to Earnings3Y Average 27.8x202220232024
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 18.6x which is lower than its 3-year average PE of 28.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 168% per year over the last three years.
  • Revenues for these companies have grown 17% 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 Market0.51%
Industrials1.75%
Industrials4.44%
Logistics3.28%
Construction3.23%
Marine and Shipping2.24%
Infrastructure2.14%
Airlines2.09%
Building1.46%
Machinery1.07%
Professional Services0.61%
Trade Distributors-0.98%
Electrical-1.23%
Transportation-1.63%
Commercial Services-3.53%
Aerospace & Defense-3.76%
Industry PE
  • Investors are most optimistic about the Infrastructure industry even though it's trading below its 3-year average PE ratio of 43.4x.
    • Analysts are expecting annual earnings growth of 18.2%, 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 37% 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 23% 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
J36 Jardine Matheson HoldingsUS$43.064.9%
+US$589.7m
6.1%PE157.1x
BS6 Yangzijiang Shipbuilding (Holdings)S$2.674.7%
+S$474.1m
79.2%PE10.5x
BN4 KeppelS$6.583.1%
+S$361.2m
1.7%PE16x
C6L Singapore AirlinesS$6.321.0%
+S$178.4m
0%PE9.5x
C07 Jardine Cycle & CarriageS$28.231.5%
+S$170.0m
-5.1%PE7.9x
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