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Singaporean (SGX) Commercial Services Industry Analysis

UpdatedDec 22, 2024
DataAggregated Company Financials
Companies19
  • 7D-1.3%
  • 3M-2.5%
  • 1Y-0.4%
  • YTD-0.9%

Over the last 7 days, the Commercial Services industry has dropped 1.3%, driven by pullbacks in Tiong Woon Corporation Holding and A-Smart Holdings of 3.3% and 16%, respectively. Meanwhile, Advancer Global actually outperformed within the industry, gaining 14% in the last week. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 5.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024S$1.1bS$1.1bS$92.7m8x11.4x0.9x
Tue, 19 Nov 2024S$1.1bS$1.1bS$92.7m7.8x12x1x
Thu, 17 Oct 2024S$1.1bS$1.1bS$64.6m7x16.6x1x
Sat, 14 Sep 2024S$1.1bS$1.1bS$63.8m7x16.9x1x
Mon, 12 Aug 2024S$1.0bS$1.1bS$53.4m9x19.6x0.9x
Wed, 10 Jul 2024S$1.1bS$1.1bS$42.0m16.1x26.3x1x
Fri, 07 Jun 2024S$1.1bS$1.1bS$44.1m10.6x24.3x1x
Sun, 05 May 2024S$1.1bS$1.1bS$56.5m13x19.1x0.9x
Tue, 02 Apr 2024S$1.1bS$1.1bS$62.5m9.4x17x0.9x
Thu, 29 Feb 2024S$1.1bS$1.1bS$36.0m11.1x29.8x0.9x
Sat, 27 Jan 2024S$1.4bS$1.4bS$65.2m12.2x22.2x1x
Mon, 25 Dec 2023S$1.5bS$1.4bS$65.3m11.9x22.5x1x
Wed, 22 Nov 2023S$1.4bS$1.4bS$65.3m11.4x21.6x1x
Fri, 20 Oct 2023S$1.4bS$1.4bS$72.5m10.6x19.7x1x
Sun, 17 Sep 2023S$1.5bS$1.4bS$71.6m10x20.8x1x
Tue, 15 Aug 2023S$1.6bS$1.4bS$72.5m10x22.1x1.1x
Thu, 13 Jul 2023S$1.6bS$1.4bS$74.1m10.5x21.6x1.2x
Sat, 10 Jun 2023S$1.6bS$1.4bS$74.1m10x21.6x1.2x
Mon, 08 May 2023S$1.6bS$1.4bS$69.3m10.5x23.3x1.2x
Wed, 05 Apr 2023S$1.6bS$1.4bS$70.0m10.2x23x1.2x
Fri, 03 Mar 2023S$1.6bS$1.4bS$55.7m10x29.3x1.2x
Sun, 29 Jan 2023S$1.7bS$1.3bS$44.6m9.4x37.7x1.2x
Tue, 27 Dec 2022S$1.7bS$1.3bS$50.1m9.8x33.6x1.3x
Thu, 24 Nov 2022S$1.7bS$1.3bS$50.1m9.5x33.1x1.2x
Sat, 22 Oct 2022S$1.6bS$1.4bS$52.7m8.8x29.7x1.2x
Mon, 19 Sep 2022S$1.7bS$1.3bS$52.1m8.1x31.7x1.2x
Wed, 17 Aug 2022S$1.7bS$1.4bS$59.6m8.4x28.7x1.3x
Fri, 15 Jul 2022S$1.6bS$1.4bS$66.0m8.8x24.1x1.2x
Sun, 12 Jun 2022S$1.6bS$1.4bS$68.0m8.6x23.6x1.2x
Tue, 10 May 2022S$1.7bS$1.3bS$65.2m10.3x25.6x1.3x
Thu, 07 Apr 2022S$2.1bS$4.7bS$71.6m11.7x29.5x0.5x
Sat, 05 Mar 2022S$2.2bS$4.7bS$75.2m11.9x29.4x0.5x
Mon, 31 Jan 2022S$2.0bS$4.1bS$44.5m11.1x44.4x0.5x
Wed, 29 Dec 2021S$2.0bS$4.0bS$31.4m11.5x64.9x0.5x
Price to Earnings Ratio

64.9x


Total Market Cap: S$2.0bTotal Earnings: S$31.4mTotal Revenue: S$4.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Commercial Services Industry Price to Earnings3Y Average 25.5x202220232024
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 11.4x which is lower than its 3-year average PE of 25.6x.
  • 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 43% per year over the last three years.
  • Meanwhile revenues for these companies have declined 34% 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 Market-2.14%
Industrials-2.17%
Commercial Services-1.34%
Office Services and Supplies2.10%
Diversified Support Services-0.62%
Environmental and Facilities Services-1.77%
Security and Alarm Services-6.00%
Commercial Printing-16.33%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio of 13.5x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Support Services industry, expecting annual earnings growth of 5.9% over the next 5 years.
  • This is better than its past earnings growth rate of 2.9% per year.
  • In contrast, the Diversified Support Services industry is expected to see its earnings grow by 5.9% 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
43Q Advancer GlobalS$0.0913.9%
+S$2.8m
-22.4%PS0.3x
LS9 Leader Environmental TechnologiesS$0.0372.8%
+S$1.5m
-33.9%PS8.5x
V3M Metech InternationalS$0.03114.8%
+S$678.2k
-35.4%PS91.7x
BKK Luxking Group HoldingsS$0.444.8%
+S$253.0k
n/aPE2.9x
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Latest News

43Q

S$0.09

Advancer Global

7D

13.9%

1Y

-22.4%

ZB9

S$0.56

Union Steel Holdings

7D

-5.0%

1Y

85.2%

BEZ

S$0.21

Beng Kuang Marine

7D

-2.3%

1Y

255.9%

BQC

S$0.082

A-Smart Holdings

7D

-16.3%

1Y

-61.0%

43A

S$0.044

GS Holdings

7D

-4.3%

1Y

25.7%

BQM

S$0.59

Tiong Woon Corporation Holding

7D

-3.3%

1Y

26.9%

585

S$0.003

Asian Micro Holdings

7D

-25.0%

1Y

-25.0%

V3M

S$0.031

Metech International

7D

14.8%

1Y

-35.4%

43B

S$0.047

Secura Group

7D

-6.0%

1Y

-27.7%

5IF

S$0.036

Natural Cool Holdings

7D

-14.3%

1Y

n/a