Analysis Article • Jun 03
Have your own idea? Try our Stock Screener
Singaporean (SGX) Commercial Services Industry Analysis
UpdatedJun 06, 2026
DataAggregated Company Financials
Companies16
- 7D-1.3%
- 3M5.6%
- 1Y40.9%
- YTD15.4%
Over the last 7 days, the Commercial Services industry has dropped 1.3%, driven by a pullback from Beng Kuang Marine of 7.5%. On the other hand Southern Archipelago is actually up 100%. Over the past 12 months, the industry was up 41%. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Singaporean Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 07 Jun 2026 | S$1.4b | S$1.3b | S$97.6m | 12.2x | 14.2x | 1.1x |
| Tue, 05 May 2026 | S$1.4b | S$1.2b | S$89.2m | 14.1x | 16.1x | 1.1x |
| Thu, 02 Apr 2026 | S$1.4b | S$1.2b | S$87.5m | 13.3x | 15.5x | 1.1x |
| Sat, 28 Feb 2026 | S$1.4b | S$1.2b | S$86.5m | 12.5x | 15.7x | 1.1x |
| Mon, 26 Jan 2026 | S$1.3b | S$1.2b | S$73.4m | 10.3x | 17.5x | 1.1x |
| Wed, 24 Dec 2025 | S$1.2b | S$1.2b | S$73.4m | 9.4x | 16.8x | 1x |
| Fri, 21 Nov 2025 | S$1.2b | S$1.2b | S$73.4m | 9.3x | 16.6x | 1x |
| Sun, 19 Oct 2025 | S$1.2b | S$1.2b | S$61.4m | 9.3x | 19.6x | 1x |
| Tue, 16 Sep 2025 | S$1.3b | S$1.2b | S$63.1m | 9.9x | 19.9x | 1x |
| Thu, 14 Aug 2025 | S$1.2b | S$1.2b | S$54.3m | 8.9x | 22.2x | 1x |
| Sat, 12 Jul 2025 | S$1.1b | S$1.2b | S$89.1m | 6.8x | 12.8x | 1x |
| Mon, 09 Jun 2025 | S$1.1b | S$1.2b | S$91.2m | 6.7x | 11.7x | 0.9x |
| Wed, 07 May 2025 | S$1.1b | S$1.2b | S$88.9m | 6.7x | 11.9x | 0.9x |
| Fri, 04 Apr 2025 | S$1.0b | S$1.2b | S$87.5m | 6.4x | 11.9x | 0.9x |
| Sun, 02 Mar 2025 | S$1.1b | S$1.2b | S$88.8m | 7.9x | 12.3x | 0.9x |
| Tue, 28 Jan 2025 | S$1.1b | S$1.1b | S$92.8m | 8.2x | 11.4x | 0.9x |
| Thu, 26 Dec 2024 | S$1.1b | S$1.1b | S$92.7m | 8x | 11.4x | 0.9x |
| Sat, 23 Nov 2024 | S$1.1b | S$1.1b | S$92.7m | 7.9x | 11.7x | 0.9x |
| Mon, 21 Oct 2024 | S$1.1b | S$1.1b | S$64.5m | 7x | 16.5x | 1x |
| Wed, 18 Sep 2024 | S$1.1b | S$1.1b | S$63.9m | 7x | 16.9x | 1x |
| Fri, 16 Aug 2024 | S$1.0b | S$1.1b | S$56.6m | 7.2x | 18.4x | 0.9x |
| Sun, 14 Jul 2024 | S$1.1b | S$1.1b | S$42.1m | 10.3x | 25.6x | 1x |
| Tue, 11 Jun 2024 | S$1.1b | S$1.1b | S$44.0m | 10.7x | 24.5x | 1x |
| Thu, 09 May 2024 | S$1.1b | S$1.1b | S$56.5m | 12.6x | 18.7x | 0.9x |
| Sat, 06 Apr 2024 | S$1.1b | S$1.1b | S$62.1m | 9.3x | 17.3x | 0.9x |
| Mon, 04 Mar 2024 | S$1.1b | S$1.1b | S$50.1m | 11.1x | 21.5x | 1x |
| Wed, 31 Jan 2024 | S$1.5b | S$1.4b | S$65.1m | 12.2x | 22.4x | 1x |
| Fri, 29 Dec 2023 | S$1.5b | S$1.4b | S$65.3m | 12.2x | 22.7x | 1x |
| Sun, 26 Nov 2023 | S$1.4b | S$1.4b | S$65.3m | 11x | 21.6x | 1x |
| Tue, 24 Oct 2023 | S$1.4b | S$1.4b | S$72.5m | 10.6x | 19.6x | 1x |
| Thu, 21 Sep 2023 | S$1.5b | S$1.4b | S$71.7m | 10x | 20.8x | 1x |
| Sat, 19 Aug 2023 | S$1.6b | S$1.4b | S$64.6m | 10.5x | 24.4x | 1.1x |
| Mon, 17 Jul 2023 | S$1.6b | S$1.4b | S$74.2m | 10.6x | 21.4x | 1.1x |
| Wed, 14 Jun 2023 | S$1.6b | S$1.4b | S$74.1m | 10x | 21.7x | 1.2x |
Price to Earnings Ratio
21.7x
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 14.2x which is lower than its 3-year average PE of 17.9x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 9.6% per year over the last three years.
- Meanwhile revenues for these companies have declined 3.2% 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 | -0.66% | |
| Industrials | -2.86% | |
| Commercial Services | -1.29% | |
| Office Services and Supplies | 2.12% | |
| Diversified Support Services | -0.93% | |
| Commercial Printing | -1.79% | |
| Security and Alarm Services | -2.63% | |
| Environmental and Facilities Services | -3.69% | |
Industry PE
- Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio of 15.5x.
- 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 21% over the next 5 years.
- This is better than its past earnings growth rate of 6.7% per year.
- In contrast, the Environmental and Facilities Services industry is expected to see its earnings grow by 8.0% 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 | |
|---|---|---|---|---|---|
| A33 Southern Archipelago | S$0.002 | 100.0% +S$27.6m | 100.0% | PS16.3x | |
| 5NV Chasen Holdings | S$0.19 | 12.7% +S$8.2m | 177.6% | PE10.1x | |
| V3M Metech International | S$0.042 | 23.5% +S$1.6m | 90.9% | PS1.8x | |
| 40N Versalink Holdings | S$0.05 | 4.2% +S$270.0k | -2.0% | PS0.6x | |
| SES Shanaya | S$0.037 | 2.8% +S$231.1k | 5.7% | PE1221.4x |