Header cover image

Singaporean (SGX) Commercial Services Industry Analysis

UpdatedSep 19, 2024
DataAggregated Company Financials
Companies19
  • 7D1.8%
  • 3M1.0%
  • 1Y-0.2%
  • YTD1.8%

Last week, the Commercial Services industry hasn't moved much but Beng Kuang Marine is up 22% in that time. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 19 Sep 2024S$1.1bS$1.1bS$63.9m7x17x1x
Sat, 17 Aug 2024S$1.0bS$1.1bS$62.4m7.2x16.7x0.9x
Mon, 15 Jul 2024S$1.1bS$1.1bS$42.1m10.3x25.6x1x
Wed, 12 Jun 2024S$1.1bS$1.1bS$44.0m10.8x24.5x1x
Fri, 10 May 2024S$1.1bS$1.1bS$56.5m12.9x18.7x0.9x
Sun, 07 Apr 2024S$1.1bS$1.1bS$62.1m9.3x17.3x0.9x
Tue, 05 Mar 2024S$1.1bS$1.1bS$50.1m11.1x21.5x1x
Thu, 01 Feb 2024S$1.5bS$1.4bS$65.2m12.2x22.3x1x
Sat, 30 Dec 2023S$1.5bS$1.4bS$65.4m12x22.8x1x
Mon, 27 Nov 2023S$1.4bS$1.4bS$65.3m11x21.6x1x
Wed, 25 Oct 2023S$1.4bS$1.4bS$72.5m10.6x19.8x1x
Fri, 22 Sep 2023S$1.5bS$1.4bS$71.7m10x20.7x1x
Sun, 20 Aug 2023S$1.6bS$1.4bS$64.6m10.5x24.4x1.1x
Tue, 18 Jul 2023S$1.6bS$1.4bS$74.2m10.6x21.2x1.1x
Thu, 15 Jun 2023S$1.6bS$1.4bS$74.1m10.2x21.7x1.2x
Sat, 13 May 2023S$1.6bS$1.4bS$74.4m10x21.5x1.2x
Mon, 10 Apr 2023S$1.6bS$1.4bS$70.0m10.2x23x1.2x
Wed, 08 Mar 2023S$1.6bS$1.4bS$63.8m10.2x25.7x1.2x
Fri, 03 Feb 2023S$1.7bS$1.3bS$44.6m9.9x37.7x1.2x
Sun, 01 Jan 2023S$1.6bS$1.3bS$50.1m9.7x32.8x1.2x
Tue, 29 Nov 2022S$1.6bS$1.3bS$50.1m9.5x32.5x1.2x
Thu, 27 Oct 2022S$1.6bS$1.3bS$51.0m8.6x31.5x1.2x
Sat, 24 Sep 2022S$1.6bS$1.3bS$52.1m8x31.6x1.2x
Mon, 22 Aug 2022S$1.7bS$1.4bS$60.0m8.2x28.4x1.2x
Wed, 20 Jul 2022S$1.6bS$1.4bS$66.0m8.8x24.2x1.2x
Fri, 17 Jun 2022S$1.6bS$1.4bS$68.0m8.8x23.7x1.2x
Sun, 15 May 2022S$1.7bS$1.3bS$67.2m11.1x24.6x1.2x
Tue, 12 Apr 2022S$2.1bS$4.7bS$71.7m12.1x29.1x0.4x
Thu, 10 Mar 2022S$2.1bS$4.7bS$75.2m11.4x28.5x0.5x
Sat, 05 Feb 2022S$2.0bS$4.0bS$44.8m11.1x43.9x0.5x
Mon, 03 Jan 2022S$2.1bS$4.0bS$31.6m11.6x65.1x0.5x
Wed, 01 Dec 2021S$2.1bS$4.1bS$31.1m11.5x66.6x0.5x
Fri, 29 Oct 2021S$2.2bS$4.0bS$33.4m16.7x67x0.6x
Sun, 26 Sep 2021S$2.3bS$4.1bS$35.6m16.4x63.3x0.5x
Price to Earnings Ratio

63.3x


Total Market Cap: S$2.3bTotal Earnings: S$35.6mTotal Revenue: S$4.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Commercial Services Industry Price to Earnings3Y Average 29.9x202220232024
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 16.9x which is lower than its 3-year average PE of 29.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have grown 21% per year over the last three years.
  • Meanwhile revenues for these companies have declined 35% 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 Market1.88%
Industrials3.96%
Commercial Services1.84%
Environmental and Facilities Services3.70%
Office Services and Supplies3.20%
Security and Alarm Services1.85%
Diversified Support Services1.27%
Commercial Printing-1.37%
Industry PE
  • Investors are most optimistic about the Security and Alarm Services industry which is trading above its 3-year average PE ratio of 16.7x.
    • 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 14% 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 14% 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
SES ShanayaS$0.08243.9%
+S$5.6m
n/aPS2.2x
LS9 Leader Environmental TechnologiesS$0.0476.8%
+S$4.6m
-32.9%PS10.9x
V3M Metech InternationalS$0.0538.9%
+S$2.4m
-13.8%PS147.9x
BEZ Beng Kuang MarineS$0.264.1%
+S$2.0m
318.0%PE4x
43B Secura GroupS$0.0557.8%
+S$1.6m
-12.7%PE20.4x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

V3M

S$0.05

Metech International

7D

38.9%

1Y

-13.8%

43A

S$0.021

GS Holdings

7D

-19.2%

1Y

-63.8%

ZB9

S$0.63

Union Steel Holdings

7D

-4.5%

1Y

96.9%

585

S$0.003

Asian Micro Holdings

7D

-25.0%

1Y

-25.0%

43B

S$0.055

Secura Group

7D

7.8%

1Y

-12.7%

ENV

S$0.075

LS 2 Holdings

7D

-1.3%

1Y

-7.4%

5IF

S$0.039

Natural Cool Holdings

7D

-23.5%

1Y

n/a

SES

S$0.082

Shanaya

7D

43.9%

1Y

n/a

LS9

S$0.047

Leader Environmental Technologies

7D

6.8%

1Y

-32.9%

NLC

S$0.31

5E Resources

7D

1.6%

1Y

37.8%

40N

S$0.049

Versalink Holdings

7D

-2.0%

1Y

-14.0%

BQC

S$0.072

A-Smart Holdings

7D

-1.4%

1Y

-64.9%