Narrative Update • May 27

Over the last 7 days, the Machinery industry has dropped 3.8%, driven by declines in Yangzijiang Shipbuilding (Holdings) and Seatrium of 3.2% and 5.5%, respectively. In the past year, the industry has gained 49%. Earnings are forecast to grow by 12% annually.
Has the Singaporean Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 03 Jun 2026 | S$27.0b | S$24.9b | S$2.3b | 16.7x | 11.9x | 1.1x |
| Fri, 01 May 2026 | S$30.5b | S$24.9b | S$2.2b | 12x | 13.6x | 1.2x |
| Sun, 29 Mar 2026 | S$28.2b | S$24.9b | S$2.2b | 10.7x | 12.6x | 1.1x |
| Tue, 24 Feb 2026 | S$28.1b | S$23.2b | S$2.0b | 12.1x | 14.2x | 1.2x |
| Thu, 22 Jan 2026 | S$25.6b | S$23.4b | S$2.0b | 17.1x | 12.9x | 1.1x |
| Sat, 20 Dec 2025 | S$24.4b | S$23.4b | S$2.0b | 14.9x | 12.3x | 1x |
| Mon, 17 Nov 2025 | S$25.2b | S$23.4b | S$2.0b | 15.2x | 12.8x | 1.1x |
| Wed, 15 Oct 2025 | S$24.2b | S$23.5b | S$2.0b | 14.3x | 12.2x | 1x |
| Fri, 12 Sep 2025 | S$24.8b | S$23.5b | S$2.0b | 12.5x | 12.7x | 1.1x |
| Sun, 10 Aug 2025 | S$23.2b | S$22.8b | S$2.0b | 13.5x | 11.8x | 1x |
| Tue, 08 Jul 2025 | S$18.9b | S$21.4b | S$1.6b | 14.3x | 11.5x | 0.9x |
| Thu, 05 Jun 2025 | S$18.6b | S$21.4b | S$1.7b | 13.7x | 11.3x | 0.9x |
| Sat, 03 May 2025 | S$18.2b | S$21.4b | S$1.8b | 11.3x | 10.1x | 0.8x |
| Mon, 31 Mar 2025 | S$19.5b | S$21.6b | S$1.8b | 11.5x | 10.6x | 0.9x |
| Wed, 26 Feb 2025 | S$21.2b | S$21.4b | S$1.6b | 12x | 13.5x | 1x |
| Fri, 24 Jan 2025 | S$22.1b | S$20.6b | -S$306,248,910.12 | 11.6x | -72.3x | 1.1x |
| Sun, 22 Dec 2024 | S$20.4b | S$20.6b | -S$315,054,412.12 | 11.3x | -64.6x | 1x |
| Tue, 19 Nov 2024 | S$18.7b | S$20.6b | -S$309,843,640.16 | 10x | -60.5x | 0.9x |
| Thu, 17 Oct 2024 | S$19.9b | S$20.6b | -S$303,947,548.70 | 10.3x | -65.3x | 1x |
| Sat, 14 Sep 2024 | S$18.3b | S$20.5b | -S$312,139,330.75 | 10.2x | -58.6x | 0.9x |
| Mon, 12 Aug 2024 | S$17.0b | S$20.0b | -S$589,525,588.98 | 10.9x | -28.9x | 0.9x |
| Wed, 10 Jul 2024 | S$16.5b | S$18.9b | -S$897,780,531.99 | 9.6x | -18.4x | 0.9x |
| Fri, 07 Jun 2024 | S$17.5b | S$18.9b | -S$898,228,690.92 | 9.2x | -19.5x | 0.9x |
| Sun, 05 May 2024 | S$15.6b | S$19.4b | -S$1,054,874,737.38 | 8.9x | -14.8x | 0.8x |
| Tue, 02 Apr 2024 | S$16.0b | S$19.5b | -S$975,033,851.91 | 9.8x | -16.4x | 0.8x |
| Thu, 29 Feb 2024 | S$15.3b | S$15.4b | S$398.9m | 9.4x | 38.4x | 1x |
| Sat, 27 Jan 2024 | S$16.2b | S$15.5b | S$416.4m | 9.9x | 38.8x | 1x |
| Mon, 25 Dec 2023 | S$15.8b | S$15.4b | S$409.0m | 9.9x | 38.7x | 1x |
| Wed, 22 Nov 2023 | S$15.5b | S$15.4b | S$414.3m | 9.5x | 37.5x | 1x |
| Fri, 20 Oct 2023 | S$16.1b | S$15.5b | S$392.9m | 10.2x | 40.9x | 1x |
| Sun, 17 Sep 2023 | S$18.6b | S$15.5b | S$391.9m | 11.2x | 47.4x | 1.2x |
| Tue, 15 Aug 2023 | S$18.2b | S$15.4b | S$366.9m | 10.8x | 49.6x | 1.2x |
| Thu, 13 Jul 2023 | S$18.1b | S$13.4b | S$444.9m | 10.9x | 40.7x | 1.4x |
| Sat, 10 Jun 2023 | S$15.9b | S$13.5b | S$450.7m | 10.3x | 35.2x | 1.2x |
35.2x
Which industries have driven the changes within the Singaporean Industrials industry?
| SG Market | 0.59% | |
| Industrials | -0.94% | |
| Machinery | -3.83% | |
| Industrial Machinery | 0.43% | |
| Construction Machinery and Vehicles | -4.13% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BTM Penguin International | S$1.50 | 4.2% +S$13.2m | 47.1% | PE9.3x | |
| M14 InnoTek | S$0.71 | 5.1% +S$9.0m | 98.6% | PE92.3x | |
| 1V3 Mooreast Holdings | S$0.16 | 15.1% +S$5.4m | n/a | PE11.3x | |
| BTX Anchun International Holdings | S$0.47 | 6.9% +S$1.4m | 43.1% | PE7.9x | |
| U77 Sarine Technologies | S$0.20 | 1.0% +S$680.9k | -4.4% | PS1.8x |