Investors Appear Satisfied With Grand Venture Technology Limited's (SGX:JLB) Prospects As Shares Rocket 28%
Dec 19
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Singaporean (SGX) Machinery Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies29
- 7D-2.1%
- 3M6.3%
- 1Y29.5%
- YTD22.2%
Last week, the Machinery industry hasn't moved much but Grand Venture Technology is up 28% in that time. The past year has been better, since the industry has gained 32% in that time. As for the next few years, earnings are expected to grow by 36% 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 |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | S$20.4b | S$20.6b | -S$312,857,291.59 | 11.3x | -65x | 1x |
| Mon, 18 Nov 2024 | S$18.9b | S$20.6b | -S$309,776,640.16 | 10.1x | -61.1x | 0.9x |
| Wed, 16 Oct 2024 | S$19.5b | S$20.6b | -S$305,982,031.56 | 10.1x | -63.7x | 0.9x |
| Fri, 13 Sep 2024 | S$17.9b | S$20.5b | -S$311,678,003.59 | 9x | -57.5x | 0.9x |
| Sun, 11 Aug 2024 | S$17.0b | S$20.0b | -S$589,525,588.98 | 10.9x | -28.9x | 0.9x |
| Tue, 09 Jul 2024 | S$16.9b | S$18.9b | -S$898,048,858.45 | 9.6x | -18.8x | 0.9x |
| Thu, 06 Jun 2024 | S$17.6b | S$18.9b | -S$902,433,479.61 | 9.1x | -19.5x | 0.9x |
| Sat, 04 May 2024 | S$15.6b | S$19.4b | -S$1,053,144,919.42 | 8.9x | -14.8x | 0.8x |
| Mon, 01 Apr 2024 | S$15.5b | S$19.5b | -S$974,346,990.85 | 9.8x | -15.9x | 0.8x |
| Wed, 28 Feb 2024 | S$15.2b | S$15.5b | S$413.7m | 8.4x | 36.8x | 1x |
| Fri, 26 Jan 2024 | S$16.2b | S$15.4b | S$413.4m | 9.9x | 39.2x | 1.1x |
| Sun, 24 Dec 2023 | S$15.8b | S$15.4b | S$409.0m | 9.9x | 38.7x | 1x |
| Tue, 21 Nov 2023 | S$15.6b | S$15.4b | S$412.6m | 9.5x | 37.7x | 1x |
| Thu, 19 Oct 2023 | S$16.7b | S$15.5b | S$391.4m | 10.6x | 42.6x | 1.1x |
| Sat, 16 Sep 2023 | S$18.5b | S$15.5b | S$390.4m | 11.2x | 47.5x | 1.2x |
| Mon, 14 Aug 2023 | S$18.3b | S$15.4b | S$390.1m | 11.2x | 46.9x | 1.2x |
| Wed, 12 Jul 2023 | S$17.3b | S$13.4b | S$445.7m | 10.7x | 38.8x | 1.3x |
| Fri, 09 Jun 2023 | S$16.0b | S$13.5b | S$452.1m | 10.6x | 35.4x | 1.2x |
| Sun, 07 May 2023 | S$16.6b | S$13.5b | S$441.9m | 10.4x | 37.5x | 1.2x |
| Tue, 04 Apr 2023 | S$15.9b | S$13.6b | S$451.9m | 11.1x | 35.2x | 1.2x |
| Thu, 02 Mar 2023 | S$15.7b | S$13.9b | S$469.2m | 10.2x | 33.5x | 1.1x |
| Sat, 28 Jan 2023 | S$12.2b | S$14.1b | S$532.5m | 8.9x | 22.9x | 0.9x |
| Mon, 26 Dec 2022 | S$12.3b | S$14.1b | S$533.5m | 8.1x | 23.1x | 0.9x |
| Wed, 23 Nov 2022 | S$12.0b | S$14.0b | S$530.8m | 8.2x | 22.6x | 0.9x |
| Fri, 21 Oct 2022 | S$10.8b | S$14.1b | S$585.9m | 7.7x | 18.5x | 0.8x |
| Sun, 18 Sep 2022 | S$10.4b | S$14.2b | S$608.7m | 8.9x | 17.1x | 0.7x |
| Tue, 16 Aug 2022 | S$10.0b | S$15.0b | S$618.7m | 9.3x | 16.2x | 0.7x |
| Thu, 14 Jul 2022 | S$9.5b | S$13.9b | -S$22,947,671.00 | 10.2x | -413.8x | 0.7x |
| Sat, 11 Jun 2022 | S$10.6b | S$13.8b | -S$35,845,224.00 | 9.6x | -295.6x | 0.8x |
| Mon, 09 May 2022 | S$9.8b | S$13.8b | S$20.5m | 9.9x | 477.6x | 0.7x |
| Wed, 06 Apr 2022 | S$12.8b | S$14.0b | -S$154,466,473.00 | 10.5x | -83.1x | 0.9x |
| Fri, 04 Mar 2022 | S$12.3b | S$14.5b | -S$208,511,411.00 | 10.4x | -59x | 0.9x |
| Sun, 30 Jan 2022 | S$11.0b | S$13.3b | -S$236,659,062.00 | 11.3x | -46.4x | 0.8x |
| Tue, 28 Dec 2021 | S$11.4b | S$13.3b | -S$232,897,819.00 | 11.9x | -48.8x | 0.9x |
Price to Earnings Ratio
-48.8x
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 16% 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 | -2.14% | |
| Industrials | -2.17% | |
| Machinery | -2.08% | |
| Industrial Machinery | 1.56% | |
| Agricultural Machinery | 0% | |
| Construction Machinery and Vehicles | -2.33% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 16.4x.
- Analysts are expecting annual earnings growth of 22.2%, 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 37% 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 22% 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 | |
|---|---|---|---|---|---|
| JLB Grand Venture Technology | S$0.76 | 27.7% +S$56.0m | 40.7% | PE40x | |
| BTM Penguin International | S$0.89 | 2.9% +S$5.5m | 3.5% | PE11.4x | |
| B49 World Precision Machinery | S$0.26 | 4.0% +S$4.0m | 18.2% | PS0.6x | |
| 1MZ Nam Cheong | S$0.41 | 2.5% +S$3.9m | n/a | PE0.7x | |
| GU5 China Kunda Technology Holdings | S$0.018 | 20.0% +S$1.2m | 63.6% | PS1.2x |
