Shareholders May Be Wary Of Increasing InnoTek Limited's (SGX:M14) CEO Compensation Package
Apr 21
Singaporean (SGX) Machinery Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies29
- 7D4.1%
- 3M-5.1%
- 1Y-2.5%
- YTD-8.2%
The Machinery is pretty flat in the last 7 days, but Seatrium has stood out, gaining 12%. Unfortunately though, the industry is down 4.7% over the past 12 months. Earnings are forecast to grow by 39% annually.
Industry Valuation and Performance
Has the Singaporean Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | S$15.4b | S$19.5b | -S$1,046,573,520.20 | 8.8x | -14.7x | 0.8x |
| Sat, 23 Mar 2024 | S$15.2b | S$19.5b | -S$974,900,171.64 | 9.6x | -15.6x | 0.8x |
| Mon, 19 Feb 2024 | S$15.4b | S$15.5b | S$422.6m | 10.5x | 36.5x | 1x |
| Wed, 17 Jan 2024 | S$16.5b | S$15.4b | S$411.6m | 9.9x | 40x | 1.1x |
| Fri, 15 Dec 2023 | S$15.4b | S$15.4b | S$411.6m | 9.6x | 37.3x | 1x |
| Sun, 12 Nov 2023 | S$15.6b | S$15.4b | S$403.5m | 10x | 38.6x | 1x |
| Tue, 10 Oct 2023 | S$17.2b | S$15.5b | S$393.0m | 10.8x | 43.8x | 1.1x |
| Thu, 07 Sep 2023 | S$18.6b | S$15.4b | S$388.5m | 10.9x | 47.9x | 1.2x |
| Sat, 05 Aug 2023 | S$17.9b | S$15.5b | S$431.4m | 10.5x | 41.6x | 1.2x |
| Mon, 03 Jul 2023 | S$16.9b | S$13.4b | S$445.9m | 10.7x | 37.9x | 1.3x |
| Wed, 31 May 2023 | S$15.6b | S$13.5b | S$458.9m | 9.6x | 34.1x | 1.2x |
| Fri, 28 Apr 2023 | S$15.8b | S$13.5b | S$445.5m | 10.3x | 35.5x | 1.2x |
| Sun, 26 Mar 2023 | S$14.7b | S$13.6b | S$453.7m | 11.1x | 32.3x | 1.1x |
| Tue, 21 Feb 2023 | S$11.4b | S$14.1b | S$541.8m | 8.3x | 21.1x | 0.8x |
| Thu, 19 Jan 2023 | S$11.7b | S$14.1b | S$539.6m | 8.2x | 21.7x | 0.8x |
| Sat, 17 Dec 2022 | S$12.5b | S$14.1b | S$539.6m | 8.1x | 23.1x | 0.9x |
| Mon, 14 Nov 2022 | S$12.2b | S$14.0b | S$570.2m | 8.1x | 21.3x | 0.9x |
| Wed, 12 Oct 2022 | S$10.8b | S$14.2b | S$607.5m | 8.2x | 17.8x | 0.8x |
| Fri, 09 Sep 2022 | S$9.9b | S$14.3b | S$612.8m | 9x | 16.1x | 0.7x |
| Sun, 07 Aug 2022 | S$10.2b | S$13.8b | -S$44,908,957.00 | 9.3x | -226.8x | 0.7x |
| Tue, 05 Jul 2022 | S$9.9b | S$13.9b | -S$24,483,578.00 | 10.2x | -405.7x | 0.7x |
| Thu, 02 Jun 2022 | S$10.4b | S$13.8b | -S$28,973,222.00 | 9.4x | -357.7x | 0.7x |
| Sat, 30 Apr 2022 | S$10.3b | S$13.9b | S$29.1m | 9.8x | 355.9x | 0.7x |
| Mon, 28 Mar 2022 | S$12.1b | S$14.0b | -S$155,919,961.00 | 10.5x | -77.8x | 0.9x |
| Wed, 23 Feb 2022 | S$11.5b | S$13.3b | -S$232,372,923.00 | 11.1x | -49.6x | 0.9x |
| Fri, 21 Jan 2022 | S$11.5b | S$13.3b | -S$237,311,321.00 | 11.5x | -48.3x | 0.9x |
| Sun, 19 Dec 2021 | S$11.4b | S$13.3b | -S$230,556,177.00 | 11.6x | -49.4x | 0.9x |
| Tue, 16 Nov 2021 | S$11.8b | S$13.3b | -S$235,958,078.00 | 12x | -49.9x | 0.9x |
| Thu, 14 Oct 2021 | S$12.0b | S$13.1b | -S$428,557,735.00 | 13.1x | -28x | 0.9x |
| Sat, 11 Sep 2021 | S$11.6b | S$13.1b | -S$434,004,888.85 | 13.3x | -26.7x | 0.9x |
| Mon, 09 Aug 2021 | S$11.7b | S$13.2b | -S$430,814,888.85 | 12.3x | -27.3x | 0.9x |
| Sun, 02 May 2021 | S$12.0b | S$12.8b | -S$191,166,508.16 | 14.1x | -62.9x | 0.9x |
Price to Earnings Ratio
-62.9x
Current Industry PE
- Investors are pessimistic on the Singaporean Machinery industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.93x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 15% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Trends
Which industries have driven the changes within the Singaporean Industrials industry?
| SG Market | 3.66% | |
| Industrials | 4.07% | |
| Machinery | 4.13% | |
| Construction Machinery and Vehicles | 4.67% | |
| Agricultural Machinery | 0% | |
| Industrial Machinery | -0.28% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 23.0%, which is higher than its past year's earnings decline of 58.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 40% over the next 5 years.
- However this is lower than its past earnings growth rate of 57% per year.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 23% 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 | |
|---|---|---|---|---|---|
| S51 Seatrium | S$0.086 | 11.7% +S$614.0m | -29.5% | PS0.8x | |
| U77 Sarine Technologies | S$0.28 | 7.7% +S$6.9m | -34.9% | PS1.6x | |
| A04 ASL Marine Holdings | S$0.064 | 1.6% +S$1.3m | 33.3% | PE1.7x | |
| 5DX Meta Health | S$0.011 | 10.0% +S$1.0m | -26.7% | PS2.5x | |
| G50 Grand Banks Yachts | S$0.37 | 1.4% +S$923.2k | 27.6% | PE5.1x |
