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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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Sep 2024 | S$1.1b | S$1.1b | S$63.9m | 7x | 17x | 1x |
| Sat, 17 Aug 2024 | S$1.0b | S$1.1b | S$62.4m | 7.2x | 16.7x | 0.9x |
| Mon, 15 Jul 2024 | S$1.1b | S$1.1b | S$42.1m | 10.3x | 25.6x | 1x |
| Wed, 12 Jun 2024 | S$1.1b | S$1.1b | S$44.0m | 10.8x | 24.5x | 1x |
| Fri, 10 May 2024 | S$1.1b | S$1.1b | S$56.5m | 12.9x | 18.7x | 0.9x |
| Sun, 07 Apr 2024 | S$1.1b | S$1.1b | S$62.1m | 9.3x | 17.3x | 0.9x |
| Tue, 05 Mar 2024 | S$1.1b | S$1.1b | S$50.1m | 11.1x | 21.5x | 1x |
| Thu, 01 Feb 2024 | S$1.5b | S$1.4b | S$65.2m | 12.2x | 22.3x | 1x |
| Sat, 30 Dec 2023 | S$1.5b | S$1.4b | S$65.4m | 12x | 22.8x | 1x |
| Mon, 27 Nov 2023 | S$1.4b | S$1.4b | S$65.3m | 11x | 21.6x | 1x |
| Wed, 25 Oct 2023 | S$1.4b | S$1.4b | S$72.5m | 10.6x | 19.8x | 1x |
| Fri, 22 Sep 2023 | S$1.5b | S$1.4b | S$71.7m | 10x | 20.7x | 1x |
| Sun, 20 Aug 2023 | S$1.6b | S$1.4b | S$64.6m | 10.5x | 24.4x | 1.1x |
| Tue, 18 Jul 2023 | S$1.6b | S$1.4b | S$74.2m | 10.6x | 21.2x | 1.1x |
| Thu, 15 Jun 2023 | S$1.6b | S$1.4b | S$74.1m | 10.2x | 21.7x | 1.2x |
| Sat, 13 May 2023 | S$1.6b | S$1.4b | S$74.4m | 10x | 21.5x | 1.2x |
| Mon, 10 Apr 2023 | S$1.6b | S$1.4b | S$70.0m | 10.2x | 23x | 1.2x |
| Wed, 08 Mar 2023 | S$1.6b | S$1.4b | S$63.8m | 10.2x | 25.7x | 1.2x |
| Fri, 03 Feb 2023 | S$1.7b | S$1.3b | S$44.6m | 9.9x | 37.7x | 1.2x |
| Sun, 01 Jan 2023 | S$1.6b | S$1.3b | S$50.1m | 9.7x | 32.8x | 1.2x |
| Tue, 29 Nov 2022 | S$1.6b | S$1.3b | S$50.1m | 9.5x | 32.5x | 1.2x |
| Thu, 27 Oct 2022 | S$1.6b | S$1.3b | S$51.0m | 8.6x | 31.5x | 1.2x |
| Sat, 24 Sep 2022 | S$1.6b | S$1.3b | S$52.1m | 8x | 31.6x | 1.2x |
| Mon, 22 Aug 2022 | S$1.7b | S$1.4b | S$60.0m | 8.2x | 28.4x | 1.2x |
| Wed, 20 Jul 2022 | S$1.6b | S$1.4b | S$66.0m | 8.8x | 24.2x | 1.2x |
| Fri, 17 Jun 2022 | S$1.6b | S$1.4b | S$68.0m | 8.8x | 23.7x | 1.2x |
| Sun, 15 May 2022 | S$1.7b | S$1.3b | S$67.2m | 11.1x | 24.6x | 1.2x |
| Tue, 12 Apr 2022 | S$2.1b | S$4.7b | S$71.7m | 12.1x | 29.1x | 0.4x |
| Thu, 10 Mar 2022 | S$2.1b | S$4.7b | S$75.2m | 11.4x | 28.5x | 0.5x |
| Sat, 05 Feb 2022 | S$2.0b | S$4.0b | S$44.8m | 11.1x | 43.9x | 0.5x |
| Mon, 03 Jan 2022 | S$2.1b | S$4.0b | S$31.6m | 11.6x | 65.1x | 0.5x |
| Wed, 01 Dec 2021 | S$2.1b | S$4.1b | S$31.1m | 11.5x | 66.6x | 0.5x |
| Fri, 29 Oct 2021 | S$2.2b | S$4.0b | S$33.4m | 16.7x | 67x | 0.6x |
| Sun, 26 Sep 2021 | S$2.3b | S$4.1b | S$35.6m | 16.4x | 63.3x | 0.5x |
Price to Earnings Ratio
63.3x
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 Market | 1.88% | |
| Industrials | 3.96% | |
| Commercial Services | 1.84% | |
| Environmental and Facilities Services | 3.70% | |
| Office Services and Supplies | 3.20% | |
| Security and Alarm Services | 1.85% | |
| Diversified Support Services | 1.27% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SES Shanaya | S$0.082 | 43.9% +S$5.6m | n/a | PS2.2x | |
| LS9 Leader Environmental Technologies | S$0.047 | 6.8% +S$4.6m | -32.9% | PS10.9x | |
| V3M Metech International | S$0.05 | 38.9% +S$2.4m | -13.8% | PS147.9x | |
| BEZ Beng Kuang Marine | S$0.26 | 4.1% +S$2.0m | 318.0% | PE4x | |
| 43B Secura Group | S$0.055 | 7.8% +S$1.6m | -12.7% | PE20.4x |