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Singaporean (SGX) Machinery Industry Analysis

UpdatedJan 19, 2026
DataAggregated Company Financials
Companies27
  • 7D0.7%
  • 3M11.6%
  • 1Y21.8%
  • YTD4.2%

Over the last 7 days, the Machinery industry has remained flat. The past year has been better, since the industry has gained 22% in that time. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the Singaporean Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 Jan 2026S$26.4bS$23.4bS$2.0b15.4x13.3x1.1x
Wed, 17 Dec 2025S$24.7bS$23.4bS$2.0b14.6x12.5x1.1x
Fri, 14 Nov 2025S$25.4bS$23.4bS$2.0b14.2x12.9x1.1x
Sun, 12 Oct 2025S$25.8bS$23.5bS$2.0b15x13.1x1.1x
Tue, 09 Sep 2025S$24.9bS$23.5bS$2.0b12.2x12.7x1.1x
Thu, 07 Aug 2025S$22.1bS$22.8bS$1.8b13.8x12.5x1x
Sat, 05 Jul 2025S$19.1bS$21.4bS$1.6b14.5x11.6x0.9x
Mon, 02 Jun 2025S$18.2bS$21.4bS$1.6b13.6x11x0.8x
Wed, 30 Apr 2025S$18.0bS$21.4bS$1.8b11.3x9.9x0.8x
Fri, 28 Mar 2025S$19.7bS$21.6bS$1.8b11.3x10.7x0.9x
Sun, 23 Feb 2025S$23.6bS$21.5bS$1.6b12.7x15x1.1x
Tue, 21 Jan 2025S$21.7bS$20.6b-S$306,131,323.7211.4x-70.9x1.1x
Thu, 19 Dec 2024S$20.4bS$20.6b-S$315,565,966.8710.4x-64.7x1x
Sat, 16 Nov 2024S$18.9bS$20.6b-S$308,307,538.2510.1x-61.4x0.9x
Mon, 14 Oct 2024S$19.4bS$20.6b-S$302,073,561.869x-64.3x0.9x
Wed, 11 Sep 2024S$17.7bS$20.5b-S$312,417,828.798.8x-56.7x0.9x
Fri, 09 Aug 2024S$17.0bS$20.1b-S$590,782,885.4910.2x-28.8x0.8x
Sun, 07 Jul 2024S$16.9bS$18.9b-S$898,838,600.659.6x-18.8x0.9x
Tue, 04 Jun 2024S$17.7bS$18.9b-S$900,699,767.779.3x-19.7x0.9x
Thu, 02 May 2024S$16.2bS$19.5b-S$1,045,796,951.208.9x-15.5x0.8x
Sat, 30 Mar 2024S$15.5bS$19.5b-S$974,208,113.659.8x-15.9x0.8x
Mon, 26 Feb 2024S$15.4bS$15.5bS$421.8m9.5x36.5x1x
Wed, 24 Jan 2024S$16.0bS$15.4bS$413.7m9.9x38.6x1x
Fri, 22 Dec 2023S$15.8bS$15.4bS$410.3m9.8x38.5x1x
Sun, 19 Nov 2023S$15.4bS$15.4bS$410.9m9.5x37.5x1x
Tue, 17 Oct 2023S$17.5bS$15.5bS$392.2m10.9x44.6x1.1x
Thu, 14 Sep 2023S$18.6bS$15.5bS$391.0m11.1x47.5x1.2x
Sat, 12 Aug 2023S$18.3bS$15.5bS$408.4m9.6x44.8x1.2x
Mon, 10 Jul 2023S$16.8bS$13.4bS$446.0m10.7x37.6x1.3x
Wed, 07 Jun 2023S$15.9bS$13.5bS$453.5m10.4x35.1x1.2x
Fri, 05 May 2023S$16.5bS$13.5bS$443.4m10.5x37.2x1.2x
Sun, 02 Apr 2023S$15.6bS$13.6bS$453.5m10.9x34.4x1.1x
Tue, 28 Feb 2023S$11.9bS$14.1bS$265.1m8.9x44.8x0.8x
Thu, 26 Jan 2023S$11.8bS$14.1bS$537.2m8.5x22x0.8x
Price to Earnings Ratio

22x


Total Market Cap: S$11.8bTotal Earnings: S$537.2mTotal Revenue: S$14.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Machinery Industry Price to Earnings3Y Average 4.1x202420252026
Current Industry PE
  • Investors are optimistic on the Singaporean Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.3x which is higher than its 3-year average PE of 4.1x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 55% per year over the last three years.
  • Revenues for these companies have grown 18% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Singaporean Industrials industry?

SG Market1.97%
Industrials1.93%
Machinery0.72%
Industrial Machinery4.34%
Construction Machinery and Vehicles0.53%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 23.3x.
    • Analysts are expecting annual earnings growth of 7.3%, which is higher than its past year's earnings decline of 43.7% per year.
  • Investors are most pessimistic about the Construction Machinery and Vehicles industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.3x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 17% over the next 5 years.
  • However this is lower than its past earnings growth rate of 43% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 7.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
E28 Frencken GroupS$1.588.2%
+S$51.3m		42.3%PE17.3x
H22 Hong Leong AsiaS$2.691.1%
+S$22.4m		187.7%PE21.4x
A04 ASL Marine HoldingsS$0.297.4%
+S$20.6m		367.7%PE20.5x
M14 InnoTekS$0.687.9%
+S$11.7m		54.5%PE52x
1MZ Nam CheongS$1.080.9%
+S$4.0m		157.1%PE5.7x

Latest News

1MZ
S$1.08
Nam Cheong
7D
0.9%
1Y
157.1%

Nam Cheong Limited's (SGX:1MZ) Price Is Right But Growth Is Lacking After Shares Rocket 26%

Jan 19
Nam Cheong Limited's (SGX:1MZ) Price Is Right But Growth Is Lacking After Shares Rocket 26%
5E2
S$2.16
Seatrium
7D
-3.6%
1Y
-3.1%

5E2: Offshore Contracts Will Support Long-Term Earnings Resilience

Analysts have trimmed their price target for Seatrium, citing slightly higher required returns and softer assumptions for revenue and margins. Together, these factors point to a fair value revision from about S$2.82 to roughly S$2.73 per share.
H22
S$2.69
Hong Leong Asia
7D
1.1%
1Y
187.7%

Investors Appear Satisfied With Hong Leong Asia Ltd.'s (SGX:H22) Prospects As Shares Rocket 28%

Jan 08
Investors Appear Satisfied With Hong Leong Asia Ltd.'s (SGX:H22) Prospects As Shares Rocket 28%
BS6
S$3.52
Yangzijiang Shipbuilding (Holdings)
7D
-3.6%
1Y
21.8%

If EPS Growth Is Important To You, Yangzijiang Shipbuilding (Holdings) (SGX:BS6) Presents An Opportunity

Dec 27
If EPS Growth Is Important To You, Yangzijiang Shipbuilding (Holdings) (SGX:BS6) Presents An Opportunity
BTM
S$1.33
Penguin International
7D
-0.7%
1Y
47.8%
1V3
S$0.14
Mooreast Holdings
7D
-5.3%
1Y
n/a
F13
S$0.095
Fu Yu
7D
-2.1%
1Y
-24.6%
B49
S$0.15
World Precision Machinery
7D
-6.2%
1Y
-43.7%

The Returns On Capital At World Precision Machinery (SGX:B49) Don't Inspire Confidence

Dec 09
The Returns On Capital At World Precision Machinery (SGX:B49) Don't Inspire Confidence
E28
S$1.58
Frencken Group
7D
8.2%
1Y
42.3%
A04
S$0.29
ASL Marine Holdings
7D
7.4%
1Y
367.7%

Here's Why We Think ASL Marine Holdings (SGX:A04) Might Deserve Your Attention Today

Dec 02
Here's Why We Think ASL Marine Holdings (SGX:A04) Might Deserve Your Attention Today
5FW
S$0.036
Acesian Partners
7D
-7.7%
1Y
-2.7%
BTX
S$0.42
Anchun International Holdings
7D
1.2%
1Y
37.1%
G50
S$0.81
Grand Banks Yachts
7D
2.5%
1Y
20.7%
M14
S$0.68
InnoTek
7D
7.9%
1Y
54.5%
1A1
S$0.18
Wong Fong Industries
7D
-9.6%
1Y
28.8%