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Singaporean (SGX) Machinery Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies31
  • 7D5.3%
  • 3M21.3%
  • 1Y7.3%
  • YTD6.9%

Over the last 7 days, the Machinery industry has risen 5.3%, driven by gains from Yangzijiang Shipbuilding (Holdings) of 6.8%. During this same period, the Hoe Leong underperformed, falling 33%. This takes the industry's 12 month performance to a gain of 7.3%. Earnings are forecast to grow by 29% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022S$12.4bS$14.0bS$525.4m9x23.7x0.9x
Thu, 27 Oct 2022S$10.9bS$14.1bS$573.2m7.9x19.1x0.8x
Sat, 24 Sep 2022S$11.2bS$14.2bS$604.9m8.5x18.5x0.8x
Mon, 22 Aug 2022S$10.1bS$14.3bS$624.6m9x16.2x0.7x
Wed, 20 Jul 2022S$9.5bS$13.9b-S$32,625,410.009x-292x0.7x
Fri, 17 Jun 2022S$10.2bS$13.9b-S$30,487,097.009.4x-335.1x0.7x
Sun, 15 May 2022S$9.4bS$13.8bS$10.3m9.6x911.1x0.7x
Tue, 12 Apr 2022S$13.0bS$14.0bS$49.7m10.1x261.3x0.9x
Thu, 10 Mar 2022S$11.8bS$14.0b-S$144,905,151.0010.5x-81.4x0.8x
Sat, 05 Feb 2022S$11.4bS$13.3b-S$240,623,587.0011.4x-47.3x0.9x
Mon, 03 Jan 2022S$11.6bS$13.3b-S$235,784,611.0012.2x-49.2x0.9x
Wed, 01 Dec 2021S$11.5bS$13.4b-S$228,914,705.0011.7x-50.4x0.9x
Fri, 29 Oct 2021S$12.2bS$13.1b-S$426,354,132.0012.8x-28.5x0.9x
Sun, 26 Sep 2021S$12.3bS$13.1b-S$430,821,207.0011.8x-28.5x0.9x
Tue, 24 Aug 2021S$11.6bS$13.2b-S$430,814,888.8513x-27x0.9x
Wed, 30 Jun 2021S$11.2bS$13.2b-S$430,814,888.8513.7x-25.9x0.8x
Sat, 03 Apr 2021S$10.5bS$12.8b-S$191,166,508.1613.1x-54.9x0.8x
Tue, 05 Jan 2021S$8.6bS$12.5bS$2.0m12.6x4200.9x0.7x
Fri, 09 Oct 2020S$8.0bS$12.6bS$175.1m9.4x45.6x0.6x
Thu, 02 Jul 2020S$6.7bS$13.3bS$406.1m9.5x16.6x0.5x
Sun, 05 Apr 2020S$6.5bS$14.3bS$529.8m6x12.2x0.5x
Wed, 08 Jan 2020S$9.8bS$15.1bS$590.5m10.4x16.6x0.6x
Price to Earnings Ratio

13.2x


Total Market Cap: S$9.2bTotal Earnings: S$696.6mTotal Revenue: S$15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Machinery Industry Price to Earnings3Y Average 209.2x202020212022
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 23.7x which is lower than its 3-year average PE of 209x.
  • The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 9.0% per year over the last three years,
  • Revenues have also declined 2.7% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Singaporean Industrials industry?

SG Market-0.57%
Industrials1.06%
Machinery5.27%
Construction Machinery and Vehicles5.75%
Industrial Machinery2.29%
Agricultural Machinery0%
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 31.3%, which is higher than its past year's earnings decline of 2.0% 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 31% over the next 5 years.
  • This is better than its past earnings decline of 2.0% per year.
  • In contrast, the Industrial Machinery industry is expected to see its earnings grow by 7.2% 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$1.416.8%
+S$355.6m
8.5%PE7.3x
S51 Sembcorp MarineS$0.132.3%
+S$94.2m
61.4%PS2x
E28 Frencken GroupS$1.115.7%
+S$25.6m
-48.4%PE8.9x
M14 InnoTekS$0.457.1%
+S$6.9m
-41.9%PE40x
564 Spindex IndustriesS$0.944.4%
+S$4.6m
-19.7%PE6.3x
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Latest News

B49

S$0.31

World Precision Machinery

7D

3.3%

1Y

-8.8%

S51

S$0.13

Sembcorp Marine

7D

2.3%

1Y

61.4%

564

S$0.94

Spindex Industries

7D

4.4%

1Y

-19.7%

JLB

S$0.50

Grand Venture Technology

7D

-1.0%

1Y

-60.0%

H20

S$0.002

Hoe Leong

7D

-33.3%

1Y

0%

G50

S$0.29

Grand Banks Yachts

7D

7.3%

1Y

-6.3%

A04

S$0.032

ASL Marine Holdings

7D

-5.9%

1Y

-48.4%

5GD

S$0.26

Sunpower Group

7D

-1.9%

1Y

-47.4%

U77

S$0.38

Sarine Technologies

7D

-5.1%

1Y

-38.5%

M03

S$0.017

Miyoshi

7D

-5.6%

1Y

-32.0%

H22

S$0.65

Hong Leong Asia

7D

-2.3%

1Y

-20.4%

M14

S$0.45

InnoTek

7D

7.1%

1Y

-41.9%

AYV

S$0.034

Acma

7D

-33.3%

1Y

-24.4%