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Singaporean (SGX) Machinery Industry Analysis

UpdatedFeb 23, 2026
DataAggregated Company Financials
Companies26
  • 7D5.7%
  • 3M13.9%
  • 1Y18.2%
  • YTD8.6%

The Machinery industry is up 5.7% in the last week, with Yangzijiang Shipbuilding (Holdings) up 8.7%. During this same period, the Grand Banks Yachts underperformed, falling 15%. This takes the industry's 12 month performance to a gain of 18%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Feb 2026S$27.4bS$23.2bS$2.0b12.4x13.8x1.2x
Wed, 21 Jan 2026S$25.5bS$23.4bS$2.0b16.6x12.9x1.1x
Fri, 19 Dec 2025S$24.7bS$23.4bS$2.0b14.9x12.5x1.1x
Sun, 16 Nov 2025S$25.2bS$23.4bS$2.0b15.2x12.8x1.1x
Tue, 14 Oct 2025S$25.1bS$23.5bS$2.0b14.2x12.7x1.1x
Thu, 11 Sep 2025S$24.8bS$23.5bS$2.0b12.5x12.7x1.1x
Sat, 09 Aug 2025S$23.2bS$22.8bS$2.0b13.5x11.8x1x
Mon, 07 Jul 2025S$19.1bS$21.4bS$1.6b14.5x11.6x0.9x
Wed, 04 Jun 2025S$18.5bS$21.4bS$1.6b13.5x11.2x0.9x
Fri, 02 May 2025S$18.0bS$21.4bS$1.8b11.3x9.9x0.8x
Sun, 30 Mar 2025S$19.5bS$21.6bS$1.8b11.5x10.5x0.9x
Tue, 25 Feb 2025S$22.5bS$21.5bS$1.6b11.8x14.3x1x
Thu, 23 Jan 2025S$22.2bS$20.6b-S$306,223,761.3010.7x-72.5x1.1x
Sat, 21 Dec 2024S$20.4bS$20.6b-S$312,857,291.5911.3x-65x1x
Mon, 18 Nov 2024S$18.9bS$20.6b-S$309,776,640.1610.1x-61.1x0.9x
Wed, 16 Oct 2024S$19.5bS$20.6b-S$305,982,031.5610.1x-63.7x0.9x
Fri, 13 Sep 2024S$17.9bS$20.5b-S$311,678,003.599x-57.5x0.9x
Sun, 11 Aug 2024S$17.0bS$20.0b-S$589,525,588.9810.9x-28.9x0.9x
Tue, 09 Jul 2024S$16.9bS$18.9b-S$898,048,858.459.6x-18.8x0.9x
Thu, 06 Jun 2024S$17.6bS$18.9b-S$902,433,479.619.1x-19.5x0.9x
Sat, 04 May 2024S$15.6bS$19.4b-S$1,053,144,919.428.9x-14.8x0.8x
Mon, 01 Apr 2024S$15.5bS$19.5b-S$974,346,990.859.8x-15.9x0.8x
Wed, 28 Feb 2024S$15.2bS$15.5bS$413.7m8.4x36.8x1x
Fri, 26 Jan 2024S$16.2bS$15.4bS$413.4m9.9x39.2x1.1x
Sun, 24 Dec 2023S$15.8bS$15.4bS$409.0m9.9x38.7x1x
Tue, 21 Nov 2023S$15.6bS$15.4bS$412.6m9.5x37.7x1x
Thu, 19 Oct 2023S$16.7bS$15.5bS$391.4m10.6x42.6x1.1x
Sat, 16 Sep 2023S$18.5bS$15.5bS$390.4m11.2x47.5x1.2x
Mon, 14 Aug 2023S$18.3bS$15.4bS$390.1m11.2x46.9x1.2x
Wed, 12 Jul 2023S$17.3bS$13.4bS$445.7m10.7x38.8x1.3x
Fri, 09 Jun 2023S$16.0bS$13.5bS$452.1m10.6x35.4x1.2x
Sun, 07 May 2023S$16.6bS$13.5bS$441.9m10.4x37.5x1.2x
Tue, 04 Apr 2023S$15.9bS$13.6bS$451.9m11.1x35.2x1.2x
Thu, 02 Mar 2023S$15.7bS$13.9bS$469.2m10.2x33.5x1.1x
Price to Earnings Ratio

33.5x


Total Market Cap: S$15.7bTotal Earnings: S$469.2mTotal Revenue: S$13.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Machinery Industry Price to Earnings3Y Average 3.8x202420252026
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 13.8x which is higher than its 3-year average PE of 3.8x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 62% per year over the last three years.
  • Revenues for these companies have grown 19% 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 Market1.56%
Industrials2.33%
Machinery5.67%
Construction Machinery and Vehicles5.94%
Industrial Machinery0.87%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 24.4x.
    • Analysts are expecting annual earnings growth of 7.8%, which is higher than its past year's earnings decline of 30.3% 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 9.8x.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 16% 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 7.8% 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
BS6 Yangzijiang Shipbuilding (Holdings)S$3.8611.2%
+S$1.5b		29.1%PE10.7x
5E2 SeatriumS$2.214.7%
+S$338.7m		-5.2%PE28.2x
BTM Penguin InternationalS$1.6613.7%
+S$44.0m		66.0%PE9.2x
B49 World Precision MachineryS$0.1518.3%
+S$9.6m		-45.6%PS0.3x
1MZ Nam CheongS$1.330.8%
+S$4.0m		153.3%PE6.8x

Latest News

BTM
S$1.66
Penguin International
7D
13.7%
1Y
66.0%
B49
S$0.15
World Precision Machinery
7D
18.3%
1Y
-45.6%
G50
S$0.65
Grand Banks Yachts
7D
-7.1%
1Y
19.3%
E28
S$1.88
Frencken Group
7D
-1.6%
1Y
72.5%
A04
S$0.32
ASL Marine Holdings
7D
-4.5%
1Y
442.4%
M03
S$0.007
Miyoshi
7D
40.0%
1Y
75.0%
5E2
S$2.21
Seatrium
7D
4.7%
1Y
-5.2%

5E2: Offshore Mega Projects Will Support Long-Term Earnings Resilience

Analysts have reduced their fair value estimate for Seatrium from SGD2.73 to SGD2.66, reflecting updated assumptions around revenue growth, profit margins, discount rate and future P/E multiples. What's in the News GE Vernova and Seatrium consortium secured a contract from TenneT for the BalWin5 2.2 GW offshore HVDC grid connection in the German North Sea, intended to transmit power from offshore wind farms to the onshore grid and support Germany's energy transition goals.
5EB
S$0.053
CFM Holdings
7D
-11.7%
1Y
-18.5%
1V3
S$0.13
Mooreast Holdings
7D
-7.1%
1Y
9.2%
F13
S$0.099
Fu Yu
7D
-2.0%
1Y
-4.8%
1MZ
S$1.33
Nam Cheong
7D
0.8%
1Y
153.3%
M14
S$0.80
InnoTek
7D
-1.9%
1Y
87.1%

InnoTek Limited's (SGX:M14) Business Is Trailing The Market But Its Shares Aren't

Jan 21
InnoTek Limited's (SGX:M14) Business Is Trailing The Market But Its Shares Aren't
BS6
S$3.86
Yangzijiang Shipbuilding (Holdings)
7D
11.2%
1Y
29.1%

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
U77
S$0.23
Sarine Technologies
7D
2.3%
1Y
-2.2%

Sarine Technologies Ltd.'s (SGX:U77) 32% Share Price Surge Not Quite Adding Up

Sep 18
Sarine Technologies Ltd.'s (SGX:U77) 32% Share Price Surge Not Quite Adding Up
508
S$0.74
Fuji Offset Plates Manufacturing
7D
9.6%
1Y
198.0%