Lacklustre Performance Is Driving Hoe Leong Corporation Ltd.'s (SGX:H20) 50% Price Drop
Oct 29
Have your own idea? Try our Stock Screener
Singaporean (SGX) Machinery Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies29
- 7D1.1%
- 3M11.5%
- 1Y26.8%
- YTD17.5%
In the last week, the Machinery industry is flat overall, with Nam Cheong standing out by going down 10.0%. The past year has been better, since the industry has gained 26% in that time. As for the next few years, earnings are expected to grow by 37% per annum.
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, 21 Nov 2024 | S$19.6b | S$20.6b | -S$311,751,567.26 | 10.3x | -62.8x | 1x |
| Sat, 19 Oct 2024 | S$19.6b | S$20.6b | -S$300,650,632.01 | 9x | -65.1x | 1x |
| Mon, 16 Sep 2024 | S$18.3b | S$20.5b | -S$312,147,368.27 | 10.2x | -58.6x | 0.9x |
| Wed, 14 Aug 2024 | S$18.1b | S$20.3b | -S$345,991,526.01 | 10.3x | -52.3x | 0.9x |
| Fri, 12 Jul 2024 | S$16.4b | S$18.9b | -S$895,593,846.71 | 10.2x | -18.3x | 0.9x |
| Sun, 09 Jun 2024 | S$17.8b | S$18.9b | -S$894,930,269.92 | 9.2x | -19.9x | 0.9x |
| Tue, 07 May 2024 | S$9.3b | S$12.2b | S$965.0m | 8.9x | 9.6x | 0.8x |
| Thu, 04 Apr 2024 | S$15.8b | S$19.5b | -S$974,300,303.17 | 9.8x | -16.3x | 0.8x |
| Sat, 02 Mar 2024 | S$16.1b | S$16.0b | S$582.6m | 9.2x | 27.6x | 1x |
| Mon, 29 Jan 2024 | S$16.2b | S$15.5b | S$416.0m | 9.9x | 38.8x | 1x |
| Wed, 27 Dec 2023 | S$16.0b | S$15.4b | S$407.9m | 9.9x | 39.2x | 1x |
| Fri, 24 Nov 2023 | S$15.7b | S$15.5b | S$415.6m | 9.6x | 37.7x | 1x |
| Sun, 22 Oct 2023 | S$15.9b | S$15.5b | S$392.5m | 10.5x | 40.6x | 1x |
| Tue, 19 Sep 2023 | S$18.6b | S$15.5b | S$390.5m | 11.1x | 47.7x | 1.2x |
| Thu, 17 Aug 2023 | S$18.4b | S$15.4b | S$370.3m | 10.8x | 49.6x | 1.2x |
| Sat, 15 Jul 2023 | S$18.4b | S$13.4b | S$441.7m | 10.7x | 41.6x | 1.4x |
| Mon, 12 Jun 2023 | S$15.9b | S$13.5b | S$450.8m | 10.3x | 35.2x | 1.2x |
| Wed, 10 May 2023 | S$16.5b | S$13.5b | S$441.4m | 10.2x | 37.3x | 1.2x |
| Fri, 07 Apr 2023 | S$15.7b | S$13.6b | S$452.1m | 10.8x | 34.7x | 1.2x |
| Sun, 05 Mar 2023 | S$15.5b | S$13.6b | S$457.9m | 10.3x | 33.9x | 1.1x |
| Tue, 31 Jan 2023 | S$12.1b | S$14.1b | S$536.5m | 8.9x | 22.6x | 0.9x |
| Thu, 29 Dec 2022 | S$12.4b | S$14.0b | S$531.8m | 8.3x | 23.3x | 0.9x |
| Sat, 26 Nov 2022 | S$12.4b | S$14.0b | S$528.1m | 9x | 23.5x | 0.9x |
| Mon, 24 Oct 2022 | S$10.9b | S$14.1b | S$582.2m | 7.8x | 18.7x | 0.8x |
| Wed, 21 Sep 2022 | S$10.2b | S$14.2b | S$607.1m | 8.6x | 16.8x | 0.7x |
| Fri, 19 Aug 2022 | S$10.1b | S$14.3b | S$624.0m | 9x | 16.1x | 0.7x |
| Sun, 17 Jul 2022 | S$9.5b | S$13.9b | -S$31,771,410.00 | 9x | -299.9x | 0.7x |
| Tue, 14 Jun 2022 | S$10.3b | S$13.9b | -S$33,148,122.00 | 9.5x | -312.1x | 0.7x |
| Thu, 12 May 2022 | S$9.9b | S$13.8b | S$16.1m | 9.8x | 612.1x | 0.7x |
| Sat, 09 Apr 2022 | S$13.0b | S$14.0b | S$48.6m | 10.2x | 266.8x | 0.9x |
| Mon, 07 Mar 2022 | S$12.2b | S$14.0b | -S$147,724,758.00 | 10.4x | -82.3x | 0.9x |
| Wed, 02 Feb 2022 | S$11.1b | S$13.3b | -S$236,619,859.00 | 11.5x | -46.7x | 0.8x |
| Fri, 31 Dec 2021 | S$11.6b | S$13.3b | -S$235,587,012.00 | 11.8x | -49.2x | 0.9x |
| Sun, 28 Nov 2021 | S$11.5b | S$13.4b | -S$226,262,961.00 | 11.3x | -51x | 0.9x |
Price to Earnings Ratio
-51x
Current Industry PE
- Investors are relatively neutral on the Singaporean Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- 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 | 0.51% | |
| Industrials | 1.75% | |
| Machinery | 1.07% | |
| Construction Machinery and Vehicles | 1.20% | |
| Agricultural Machinery | 0% | |
| Industrial Machinery | -0.64% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 16.2x.
- Analysts are expecting annual earnings growth of 21.5%, which is higher than its past year's earnings decline of 32.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 38% over the next 5 years.
- However this is lower than its past earnings growth rate of 94% per year.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 21% 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 | |
|---|---|---|---|---|---|
| BS6 Yangzijiang Shipbuilding (Holdings) | S$2.65 | 1.9% +S$197.5m | 80.3% | PE10.4x | |
| 5E2 Seatrium | S$1.93 | 0.5% +S$30.0m | -12.3% | PS0.8x | |
| H20 Hoe Leong | S$0.002 | 100.0% +S$15.1m | 100.0% | PE16.5x | |
| 1A1 Wong Fong Industries | S$0.14 | 9.0% +S$2.8m | 11.5% | PE14.9x | |
| 5EB CFM Holdings | S$0.071 | 20.3% +S$2.4m | -11.3% | PE7.9x |
