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Singaporean (SGX) Commercial Services Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies18
  • 7D-2.5%
  • 3M-0.5%
  • 1Y24.6%
  • YTD-2.6%

Over the last 7 days, the Commercial Services industry has dropped 2.5%, driven by Southern Archipelago declining 50%. On the other hand Reclaims Global is actually up 10%. Over the past 12 months, the industry was up 25%. Looking forward, earnings are forecast to grow by 9.2% annually.

Industry Valuation and Performance

Has the Singaporean Commercial Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026S$1.2bS$1.2bS$73.5m9.4x16.7x1x
Tue, 09 Dec 2025S$1.2bS$1.2bS$73.4m9.4x16.2x1x
Thu, 06 Nov 2025S$1.2bS$1.2bS$61.4m9.7x19.8x1x
Sat, 04 Oct 2025S$1.2bS$1.2bS$62.5m9.4x19.8x1x
Mon, 01 Sep 2025S$1.2bS$1.2bS$63.7m8.2x18.4x1x
Wed, 30 Jul 2025S$1.3bS$1.2bS$59.4m7.8x21.4x1.1x
Fri, 27 Jun 2025S$1.1bS$1.2bS$88.9m6.9x12.1x0.9x
Sun, 25 May 2025S$1.1bS$1.2bS$89.7m6.4x12.2x0.9x
Tue, 22 Apr 2025S$1.0bS$1.2bS$88.6m5.8x11.5x0.9x
Thu, 20 Mar 2025S$1.0bS$1.1bS$84.1m7x12.4x0.9x
Sat, 15 Feb 2025S$1.1bS$1.2bS$89.9m7.8x11.7x0.9x
Mon, 13 Jan 2025S$1.1bS$1.1bS$92.7m8.3x11.5x0.9x
Wed, 11 Dec 2024S$1.1bS$1.1bS$92.7m8.1x11.5x0.9x
Fri, 08 Nov 2024S$1.1bS$1.1bS$63.9m8.5x17.4x1x
Sun, 06 Oct 2024S$1.1bS$1.1bS$63.7m6.9x17.7x1x
Tue, 03 Sep 2024S$1.0bS$1.1bS$61.6m7.1x17x0.9x
Thu, 01 Aug 2024S$1.1bS$1.1bS$42.1m13.6x26.7x1x
Sat, 29 Jun 2024S$1.1bS$1.1bS$42.0m13.7x25.3x1x
Mon, 27 May 2024S$1.0bS$1.1bS$56.6m13.3x18.5x0.9x
Wed, 24 Apr 2024S$1.1bS$1.1bS$62.1m10.7x17.4x0.9x
Fri, 22 Mar 2024S$1.1bS$1.1bS$62.5m9x16.9x0.9x
Sun, 18 Feb 2024S$1.0bS$1.1bS$37.6m11.8x26.9x0.9x
Tue, 16 Jan 2024S$1.5bS$1.4bS$65.3m12.3x22.5x1x
Thu, 14 Dec 2023S$1.4bS$1.4bS$65.3m10.9x21.9x1x
Sat, 11 Nov 2023S$1.4bS$1.4bS$72.6m10.9x19.6x1x
Mon, 09 Oct 2023S$1.5bS$1.4bS$72.6m10.6x20.5x1x
Wed, 06 Sep 2023S$1.6bS$1.4bS$71.9m9.9x21.6x1.1x
Fri, 04 Aug 2023S$1.6bS$1.4bS$72.8m10x21.9x1.1x
Sun, 02 Jul 2023S$1.6bS$1.4bS$74.1m10.6x21.3x1.1x
Tue, 30 May 2023S$1.6bS$1.4bS$74.6m10.2x21.7x1.2x
Thu, 27 Apr 2023S$1.6bS$1.4bS$69.3m10.2x23.1x1.2x
Sat, 25 Mar 2023S$1.6bS$1.4bS$70.3m10.2x23.2x1.2x
Mon, 20 Feb 2023S$1.6bS$1.4bS$41.5m10x39.5x1.2x
Wed, 18 Jan 2023S$1.7bS$1.3bS$49.3m9.7x34.2x1.3x
Price to Earnings Ratio

34.2x


Total Market Cap: S$1.7bTotal Earnings: S$49.3mTotal Revenue: S$1.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Commercial Services Industry Price to Earnings3Y Average 19.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Singaporean Commercial Services 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 16.7x which is lower than its 3-year average PE of 19.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have grown 14% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.7% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Singaporean Industrials industry?

SG Market1.57%
Industrials3.35%
Commercial Services-2.54%
Environmental and Facilities Services2.28%
Commercial Printing0%0
Office Services and Supplies0%0
Diversified Support Services-3.53%
Security and Alarm Services-3.70%
Industry PE
  • Investors are most optimistic about the Diversified Support Services industry even though it's trading below its 3-year average PE ratio of 43.3x.
    • Analysts are expecting annual earnings growth of 7.2%, which is lower than the prior year's growth of 8.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Environmental and Facilities Services industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 7.2% 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
NEX Reclaims GlobalS$0.4210.4%
+S$6.0m
n/aPE12.5x
XVG Aedge GroupS$0.273.8%
+S$1.1m
12.5%PS1x

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