An Intrinsic Calculation For Seatrium Limited (SGX:S51) Suggests It's 48% Undervalued
Sep 23
Singaporean (SGX) Machinery Industry Analysis
UpdatedSep 27, 2023
DataAggregated Company Financials
Companies30
- 7D-1.2%
- 3M8.1%
- 1Y28.3%
- YTD6.9%
Over the last 7 days, the Machinery industry has dropped 1.2%, driven by Seatrium declining 2.2%. In the past year, the industry has gained 28%. Looking forward, earnings are forecast to grow by 43% 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 |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | S$18.1b | S$15.5b | S$391.2m | 11.1x | 46.2x | 1.2x |
| Fri, 25 Aug 2023 | S$19.0b | S$15.4b | S$369.4m | 11.4x | 51.3x | 1.2x |
| Sun, 23 Jul 2023 | S$18.3b | S$13.4b | S$443.0m | 11.5x | 41.2x | 1.4x |
| Tue, 20 Jun 2023 | S$16.6b | S$13.4b | S$447.4m | 10.9x | 37.2x | 1.2x |
| Thu, 18 May 2023 | S$16.0b | S$13.6b | S$461.1m | 9.9x | 34.7x | 1.2x |
| Sat, 15 Apr 2023 | S$15.6b | S$13.6b | S$453.2m | 11x | 34.5x | 1.1x |
| Mon, 13 Mar 2023 | S$14.9b | S$13.7b | S$458.7m | 10.1x | 32.6x | 1.1x |
| Wed, 08 Feb 2023 | S$12.3b | S$14.1b | S$540.8m | 9x | 22.7x | 0.9x |
| Fri, 06 Jan 2023 | S$11.5b | S$14.1b | S$541.3m | 8.3x | 21.3x | 0.8x |
| Sun, 04 Dec 2022 | S$12.8b | S$14.0b | S$530.9m | 8.2x | 24x | 0.9x |
| Tue, 01 Nov 2022 | S$11.1b | S$14.1b | S$580.9m | 8x | 19.1x | 0.8x |
| Thu, 29 Sep 2022 | S$9.9b | S$14.2b | S$604.5m | 8.3x | 16.4x | 0.7x |
| Sat, 27 Aug 2022 | S$10.4b | S$14.3b | S$614.9m | 9.2x | 16.9x | 0.7x |
| Mon, 25 Jul 2022 | S$9.8b | S$13.8b | -S$40,741,016.00 | 9.2x | -240.6x | 0.7x |
| Wed, 22 Jun 2022 | S$10.3b | S$13.9b | -S$30,574,376.00 | 9.3x | -337.1x | 0.7x |
| Fri, 20 May 2022 | S$9.5b | S$13.8b | -S$26,100,357.00 | 9.8x | -362.3x | 0.7x |
| Sun, 17 Apr 2022 | S$13.6b | S$14.0b | S$46.3m | 10.1x | 293.6x | 1x |
| Tue, 15 Mar 2022 | S$11.4b | S$14.0b | -S$150,147,936.00 | 10.5x | -75.6x | 0.8x |
| Thu, 10 Feb 2022 | S$11.8b | S$13.3b | -S$240,313,492.00 | 11.5x | -49.1x | 0.9x |
| Sat, 08 Jan 2022 | S$11.5b | S$13.3b | -S$233,124,966.00 | 11.4x | -49.4x | 0.9x |
| Mon, 06 Dec 2021 | S$11.4b | S$13.4b | -S$227,597,481.00 | 11.6x | -50.1x | 0.9x |
| Wed, 03 Nov 2021 | S$12.0b | S$13.1b | -S$302,294,192.00 | 9.1x | -39.6x | 0.9x |
| Fri, 01 Oct 2021 | S$12.1b | S$13.1b | -S$428,047,425.00 | 12.3x | -28.2x | 0.9x |
| Sun, 29 Aug 2021 | S$11.7b | S$13.2b | -S$430,814,888.85 | 12.8x | -27x | 0.9x |
| Mon, 05 Jul 2021 | S$11.2b | S$13.2b | -S$430,814,888.85 | 13.7x | -25.9x | 0.8x |
| Thu, 08 Apr 2021 | S$10.5b | S$12.8b | -S$191,166,508.16 | 13.1x | -54.9x | 0.8x |
| Sun, 10 Jan 2021 | S$8.6b | S$12.5b | S$2.0m | 12.6x | 4200.9x | 0.7x |
| Sat, 03 Oct 2020 | S$8.0b | S$12.6b | S$175.1m | 9.4x | 45.6x | 0.6x |
Price to Earnings Ratio
45.6x
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 at a PE ratio of 46.2x which is lower than its 3-year average PE of 215x.
- The 3-year average PS ratio of 0.88x 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 31% per year over the last three years.
- Revenues for these companies have grown 7.2% 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 Market | -0.83% | |
| Industrials | -0.56% | |
| Machinery | -1.15% | |
| Agricultural Machinery | 0% | |
| Construction Machinery and Vehicles | -0.96% | |
| Industrial Machinery | -3.12% | |
Industry PE
- Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 43.7%, which is higher than its past year's earnings decline of 7.2% per year.
- Investors are most pessimistic about the Industrial Machinery industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings decline of 7.2% per year.
- In contrast, the Industrial Machinery industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| 1V3 Mooreast Holdings | S$0.17 | 4.3% +S$1.8m | 54.5% | PE15.8x | |
| BTX Anchun International Holdings | S$0.30 | 7.0% +S$943.8k | 8.9% | PE3.2x | |
| 5EB CFM Holdings | S$0.091 | 2.2% +S$403.1k | -15.0% | PE1.7x |
