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Singaporean (SGX) Commercial Services Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies19
- 7D-0.07%
- 3M-2.2%
- 1Y-0.3%
- YTD-0.007%
Over the last 7 days, the Commercial Services industry has dropped 1.2%, driven by a pullback from Beng Kuang Marine of 9.4%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 5.1% 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 |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | S$1.1b | S$1.2b | S$90.5m | 8.4x | 11.7x | 0.9x |
| Sun, 19 Jan 2025 | S$1.1b | S$1.1b | S$92.7m | 8.2x | 11.5x | 0.9x |
| Tue, 17 Dec 2024 | S$1.1b | S$1.1b | S$92.7m | 8x | 11.5x | 0.9x |
| Thu, 14 Nov 2024 | S$1.1b | S$1.1b | S$92.7m | 7.8x | 12.2x | 1x |
| Sat, 12 Oct 2024 | S$1.1b | S$1.1b | S$64.2m | 7x | 16.8x | 1x |
| Mon, 09 Sep 2024 | S$1.1b | S$1.1b | S$61.6m | 7.1x | 17.2x | 0.9x |
| Wed, 07 Aug 2024 | S$1.0b | S$1.1b | S$51.6m | 9x | 20.3x | 0.9x |
| Fri, 05 Jul 2024 | S$1.1b | S$1.1b | S$42.0m | 15.4x | 25.3x | 1x |
| Sun, 02 Jun 2024 | S$1.1b | S$1.1b | S$56.6m | 13.3x | 18.9x | 0.9x |
| Tue, 30 Apr 2024 | S$1.1b | S$1.1b | S$62.1m | 10.2x | 17x | 0.9x |
| Thu, 28 Mar 2024 | S$1.1b | S$1.1b | S$62.5m | 9.4x | 17x | 0.9x |
| Sat, 24 Feb 2024 | S$1.1b | S$1.1b | S$36.6m | 11.2x | 28.7x | 0.9x |
| Mon, 22 Jan 2024 | S$1.5b | S$1.4b | S$65.2m | 12.2x | 22.3x | 1x |
| Wed, 20 Dec 2023 | S$1.5b | S$1.4b | S$65.2m | 12x | 22.4x | 1x |
| Fri, 17 Nov 2023 | S$1.4b | S$1.4b | S$65.4m | 11.3x | 21.8x | 1x |
| Sun, 15 Oct 2023 | S$1.5b | S$1.4b | S$72.6m | 10.6x | 20.3x | 1x |
| Tue, 12 Sep 2023 | S$1.5b | S$1.4b | S$71.7m | 10x | 21.4x | 1.1x |
| Thu, 10 Aug 2023 | S$1.6b | S$1.4b | S$73.8m | 10x | 21.7x | 1.1x |
| Sat, 08 Jul 2023 | S$1.6b | S$1.4b | S$74.1m | 10.5x | 21.3x | 1.1x |
| Mon, 05 Jun 2023 | S$1.6b | S$1.4b | S$74.2m | 10x | 21.8x | 1.2x |
| Wed, 03 May 2023 | S$1.6b | S$1.4b | S$74.4m | 10x | 21.5x | 1.2x |
| Fri, 31 Mar 2023 | S$1.6b | S$1.4b | S$70.0m | 10.2x | 23.4x | 1.2x |
| Sun, 26 Feb 2023 | S$1.7b | S$1.4b | S$47.9m | 10x | 34.6x | 1.2x |
| Tue, 24 Jan 2023 | S$1.7b | S$1.3b | S$44.6m | 9.6x | 37.9x | 1.3x |
| Thu, 22 Dec 2022 | S$1.7b | S$1.3b | S$50.1m | 9.8x | 33x | 1.2x |
| Sat, 19 Nov 2022 | S$1.6b | S$1.3b | S$51.2m | 8.8x | 32.1x | 1.2x |
| Mon, 17 Oct 2022 | S$1.6b | S$1.4b | S$52.8m | 8.7x | 29.5x | 1.2x |
| Wed, 14 Sep 2022 | S$1.6b | S$1.3b | S$52.1m | 8x | 30x | 1.2x |
| Fri, 12 Aug 2022 | S$1.7b | S$1.4b | S$62.4m | 8.9x | 27x | 1.2x |
| Sun, 10 Jul 2022 | S$1.6b | S$1.4b | S$65.0m | 8.8x | 25.1x | 1.2x |
| Tue, 07 Jun 2022 | S$1.6b | S$1.4b | S$68.0m | 8.6x | 23.9x | 1.2x |
| Thu, 05 May 2022 | S$1.7b | S$1.3b | S$65.3m | 10.2x | 26.3x | 1.3x |
| Sat, 02 Apr 2022 | S$2.1b | S$4.7b | S$71.6m | 11.6x | 29.5x | 0.5x |
| Mon, 28 Feb 2022 | S$2.2b | S$4.2b | S$59.7m | 10.1x | 37.4x | 0.5x |
Price to Earnings Ratio
37.4x
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 11.6x which is lower than its 3-year average PE of 23.4x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.91x.
Past Earnings Growth
- The earnings for companies in the Commercial Services industry have grown 15% 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 Market | 0.77% | |
| Industrials | 1.58% | |
| Commercial Services | -0.066% | |
| Office Services and Supplies | 4.35% | |
| Environmental and Facilities Services | 1.36% | |
| Security and Alarm Services | 0% | 0 |
| Diversified Support Services | -0.44% | |
| Commercial Printing | -5.00% | |
Industry PE
- Investors are most optimistic about the Security and Alarm Services industry, which is trading close to its 3-year average PE ratio of 16.9x.
- 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 5.1% over the next 5 years.
- This is better than its past earnings growth rate of 1.3% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 5.1% 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 | |
|---|---|---|---|---|---|
| WJP VICOM | S$1.32 | 1.5% +S$7.1m | -9.0% | PE16.8x | |
| BQM Tiong Woon Corporation Holding | S$0.58 | 1.8% +S$2.3m | 16.0% | PE6.9x | |
| ZB9 Union Steel Holdings | S$0.53 | 1.0% +S$590.7k | -0.9% | PE5.3x | |
| 40N Versalink Holdings | S$0.041 | 2.5% +S$135.0k | -18.0% | PS0.5x | |
| BKK Luxking Group Holdings | S$0.43 | 1.2% +S$63.3k | 26.5% | PS0.05x |