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Singaporean (SGX) Machinery Industry Analysis
UpdatedNov 28, 2021
DataAggregated Company Financials
Companies31
- 7D-0.2%
- 3M-14.1%
- 1Y-1.7%
- YTD-1.5%
Over the last 7 days, the Machinery industry has remained flat, although notably Yangzijiang Shipbuilding (Holdings) gained 3.2%. Furthermore, the industry has been flat for the past year as well.
Industry Valuation and Performance
Has the Singaporean Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 29 Nov 2021 | S$11.5b | S$13.4b | -S$226,262,961.00 | 11.3x |
| Wed, 27 Oct 2021 | S$12.1b | S$13.1b | -S$424,744,102.00 | 12.7x |
| Fri, 24 Sep 2021 | S$10.7b | S$13.1b | -S$431,925,994.00 | 11.8x |
| Sun, 22 Aug 2021 | S$11.0b | S$13.2b | -S$430,814,888.85 | 12.6x |
| Fri, 09 Jul 2021 | S$11.2b | S$13.2b | -S$430,814,888.85 | 13.7x |
| Thu, 01 Apr 2021 | S$10.5b | S$12.8b | -S$191,166,508.16 | 13.1x |
| Sun, 03 Jan 2021 | S$8.6b | S$12.5b | S$2.0m | 12.6x |
| Wed, 07 Oct 2020 | S$8.0b | S$12.6b | S$175.1m | 9.4x |
| Tue, 30 Jun 2020 | S$6.7b | S$13.3b | S$406.1m | 9.5x |
| Fri, 03 Apr 2020 | S$6.5b | S$14.3b | S$529.8m | 6x |
| Mon, 06 Jan 2020 | S$9.8b | S$15.1b | S$590.5m | 10.4x |
| Thu, 10 Oct 2019 | S$8.5b | S$15.2b | S$657.0m | 8.7x |
| Wed, 03 Jul 2019 | S$11.3b | S$15.8b | S$665.4m | 7.7x |
| Sat, 06 Apr 2019 | S$11.5b | S$16.8b | S$677.6m | 8.9x |
| Tue, 08 Jan 2019 | S$10.0b | S$16.8b | S$642.4m | 6.2x |
PE Ratio
11x
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 10.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: Total earnings for the Machinery industry have declined over the last three years, with the industry now making a loss overall. Revenues have declined 7.2% per year. This means overall sales are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Singaporean Machinery industry?
| Construction Machinery and Vehicles | 1.02% | |
| Industrial Machinery | -3.74% | |
Industry PE: Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio of 9.0x. However analysts are expecting annual earnings growth of 36%, which is lower than the prior year's growth of 42% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Industrial Machinery industry, which is trading close to its 3-year average of 11.4x.
Forecasted Growth: Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 36% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, 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 | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| BS6 Yangzijiang Shipbuilding (Holdings) | 3.2%+S$157.3m | 41.3% | PE8x | |
| 1A1 Wong Fong Industries | 5.5%+S$1.9m | 2.7% | PE12.7x | |
| BKX Yongmao Holdings | 0.7%+S$443.8k | 2.7% | PE4.3x | |
| 5EW Pan Asian Holdings | 2.2%+S$428.4k | 156.8% | PS0.9x | |
| BTX Anchun International Holdings | 2.1%+S$240.9k | -7.5% | PS0.7x |
