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Singaporean (SGX) Construction Industry Analysis
UpdatedJan 25, 2022
DataAggregated Company Financials
Companies44
- 7D-1.0%
- 3M-6.0%
- 1Y6.3%
- YTD-2.4%
Over the last 7 days, the Construction industry has dropped 1.2%, and Memiontec Holdings contributed the most with a 9.0% decline. Meanwhile, Lum Chang Holdings actually outperformed within the industry, gaining 15% in the last week. This takes the industry's 12 month performance to a gain of 7.1%.
Industry Valuation and Performance
Has the Singaporean Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Tue, 25 Jan 2022 | S$3.7b | S$7.2b | S$173.9m | 17.1x |
| Thu, 23 Dec 2021 | S$3.8b | S$7.0b | S$177.0m | 15.5x |
| Sat, 20 Nov 2021 | S$3.9b | S$7.0b | S$173.3m | 15.1x |
| Mon, 18 Oct 2021 | S$3.9b | S$6.6b | S$133.5m | 12.8x |
| Wed, 15 Sep 2021 | S$3.7b | S$6.6b | S$117.1m | 11.7x |
| Fri, 13 Aug 2021 | S$3.8b | S$6.6b | S$110.2m | 12x |
| Tue, 08 Jun 2021 | S$3.7b | S$6.2b | -S$36,344,374.66 | 15.3x |
| Mon, 01 Mar 2021 | S$3.4b | S$6.1b | -S$245,266,387.12 | 15.7x |
| Thu, 03 Dec 2020 | S$3.1b | S$6.5b | -S$284,833,151.13 | 15.3x |
| Sun, 06 Sep 2020 | S$3.0b | S$7.2b | -S$193,320,122.78 | 13.2x |
| Wed, 10 Jun 2020 | S$2.9b | S$7.7b | S$4.0m | 11.9x |
| Tue, 03 Mar 2020 | S$3.5b | S$7.7b | S$120.7m | 13.2x |
| Fri, 06 Dec 2019 | S$3.6b | S$7.6b | S$41.0m | 15.9x |
| Mon, 09 Sep 2019 | S$3.6b | S$7.5b | -S$6,758,196.45 | 13.7x |
| Sun, 02 Jun 2019 | S$3.8b | S$7.5b | S$38.2m | 13.1x |
| Wed, 06 Mar 2019 | S$4.0b | S$7.8b | S$154.5m | 12.1x |
PE Ratio
12.2x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.1x. However, future earnings are expected to decline by 36% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Construction industry have grown 3.4% per year over the last three years, while revenues for these companies have declined 2.6% 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 Construction industry?
| Construction and Engineering | -1.04% | |
Industry PE: Investors are most optimistic about the Construction and Engineering industry which is trading above its 3-year average PE ratio of 14.1x. However analysts are expecting annual earnings decline of 36%, which is lower than the prior year's growth of 98% per year. So the market might believe that analysts are underestimating future growth or they expect the Construction and Engineering industry's earnings to deteriorate the least compared to other industries.
Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Construction and Engineering industry since they expect its earnings to decline by only 36% per year over the next 5 years, which isn't as bad as the other industries. However, this is a reversal from its past annual earnings growth rate of 98% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| L19 Lum Chang Holdings | S$0.41 | 15.3% +S$20.7m | 9.2% | PE52.6x | |
| SYM Memiontec Holdings | S$0.72 | 5.9% +S$8.8m | 220.0% | PE89.8x | |
| IX2 PEC | S$0.54 | 3.8% +S$5.1m | 36.7% | PE6.2x | |
| 5TT Keong Hong Holdings | S$0.38 | 4.1% +S$3.5m | 13.4% | PS1.8x | |
| AVM Boustead Projects | S$0.99 | 0.5% +S$1.6m | -3.4% | PE2.2x |