Market Still Lacking Some Conviction On Hong Leong Asia Ltd. (SGX:H22)
Jul 18
Singaporean (SGX) Construction Machinery and Vehicles Industry Analysis
UpdatedJul 24, 2024
DataAggregated Company Financials
Companies11
- 7D-1.9%
- 3M11.0%
- 1Y-8.8%
- YTDn/a
In the last week, the Construction Machinery and Vehicles industry is up 1.2%, with Hong Leong Asia up 16%. However, the industry is down 9.5% over the past year. As for the next few years, earnings are expected to grow by 32% per annum.
Industry Valuation and Performance
Has the Singaporean Construction Machinery and Vehicles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Jul 2024 | S$15.3b | S$17.0b | -S$934,557,059.03 | 8.4x | -16.4x | 0.9x |
| Fri, 21 Jun 2024 | S$15.9b | S$17.0b | -S$929,585,082.27 | 7.2x | -17.1x | 0.9x |
| Sun, 19 May 2024 | S$13.2b | S$17.0b | -S$932,867,663.73 | 7x | -14.2x | 0.8x |
| Tue, 16 Apr 2024 | S$13.2b | S$16.9b | -S$1,114,709,517.29 | 7.6x | -11.9x | 0.8x |
| Thu, 14 Mar 2024 | S$14.2b | S$16.8b | -S$1,049,223,712.68 | 7.5x | -13.5x | 0.8x |
| Sat, 10 Feb 2024 | S$13.3b | S$12.8b | S$300.5m | 10.2x | 44.3x | 1x |
| Mon, 08 Jan 2024 | S$14.7b | S$12.7b | S$291.4m | 9.9x | 50.5x | 1.2x |
| Wed, 06 Dec 2023 | S$13.7b | S$12.7b | S$295.4m | 9.7x | 46.4x | 1.1x |
| Fri, 03 Nov 2023 | S$14.1b | S$12.7b | S$280.2m | 9.9x | 50.4x | 1.1x |
| Sun, 01 Oct 2023 | S$16.6b | S$12.7b | S$283.0m | 10.7x | 58.7x | 1.3x |
| Tue, 29 Aug 2023 | S$17.6b | S$12.6b | S$257.5m | 10.8x | 68.5x | 1.4x |
| Thu, 27 Jul 2023 | S$16.7b | S$10.5b | S$291.4m | 12.3x | 57.4x | 1.6x |
| Sat, 24 Jun 2023 | S$14.5b | S$10.6b | S$299.1m | 10.3x | 48.3x | 1.4x |
| Mon, 22 May 2023 | S$14.6b | S$10.7b | S$307.7m | 10x | 47.4x | 1.4x |
| Wed, 19 Apr 2023 | S$13.8b | S$10.7b | S$292.0m | 9.5x | 47.3x | 1.3x |
| Fri, 17 Mar 2023 | S$13.2b | S$10.7b | S$297.9m | 9.4x | 44.2x | 1.2x |
| Sun, 12 Feb 2023 | S$10.1b | S$11.2b | S$176.4m | 8.4x | 57.1x | 0.9x |
| Tue, 10 Jan 2023 | S$9.9b | S$11.2b | S$181.4m | 7.9x | 54.5x | 0.9x |
| Thu, 08 Dec 2022 | S$10.8b | S$11.2b | S$170.9m | 8.3x | 63.1x | 1x |
| Sat, 05 Nov 2022 | S$10.1b | S$11.2b | S$173.5m | 8x | 58.4x | 0.9x |
| Mon, 03 Oct 2022 | S$8.3b | S$11.3b | S$201.2m | 8.3x | 41.2x | 0.7x |
| Wed, 31 Aug 2022 | S$8.5b | S$11.3b | S$201.3m | 8.5x | 42.2x | 0.8x |
| Fri, 29 Jul 2022 | S$8.0b | S$11.0b | -S$358,492,116.00 | 10.6x | -22.3x | 0.7x |
| Sun, 26 Jun 2022 | S$8.1b | S$11.1b | -S$351,711,069.00 | 10.6x | -23x | 0.7x |
| Tue, 24 May 2022 | S$7.7b | S$11.1b | -S$348,622,059.00 | 10x | -22.1x | 0.7x |
| Thu, 21 Apr 2022 | S$11.0b | S$11.2b | -S$320,344,806.00 | 11x | -34.4x | 1x |
| Sat, 19 Mar 2022 | S$9.2b | S$11.2b | -S$322,431,368.00 | 8.4x | -28.5x | 0.8x |
| Mon, 14 Feb 2022 | S$9.1b | S$10.2b | -S$347,197,101.00 | 10.7x | -26.2x | 0.9x |
| Wed, 12 Jan 2022 | S$8.8b | S$10.2b | -S$338,688,353.00 | 12x | -25.9x | 0.9x |
| Fri, 10 Dec 2021 | S$8.8b | S$10.3b | -S$332,601,365.00 | 12.3x | -26.3x | 0.9x |
| Sun, 07 Nov 2021 | S$8.7b | S$10.2b | -S$354,895,765.00 | 11x | -24.4x | 0.9x |
| Tue, 05 Oct 2021 | S$8.9b | S$10.2b | -S$356,626,753.00 | 10.4x | -24.9x | 0.9x |
| Thu, 02 Sep 2021 | S$8.7b | S$10.1b | -S$363,181,696.97 | 11.4x | -23.8x | 0.9x |
| Sat, 31 Jul 2021 | S$7.8b | S$10.1b | -S$363,181,696.97 | 11x | -21.4x | 0.8x |
Price to Earnings Ratio
-21.4x
Current Industry PE
- Investors are relatively neutral on the Singaporean Construction Machinery and Heavy Trucks 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 0.98x.
Past Earnings Growth
- The earnings for companies in the Construction Machinery and Heavy Trucks industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 19% 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 Comparison
How does Singaporean Construction Machinery and Vehicles compare with similar industries?
| SG Market | -0.57% | |
| Industrials | -0.63% | |
| Machinery | -2.44% | |
| Construction Machinery and Vehicles | -1.87% | |
| Agricultural Machinery | 0% | |
| Industrial Machinery | -8.10% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 5E2 Seatrium | S$1.52 | 2.7% +S$136.3m | -47.6% | PS0.7x | |
| H22 Hong Leong Asia | S$0.69 | 12.1% +S$56.1m | 13.0% | PE8x | |
| BTM Penguin International | S$0.89 | 6.0% +S$11.0m | 6.6% | PE11.6x | |
| 1MZ Nam Cheong | S$0.19 | 14.5% +S$9.4m | n/a | PE0.4x | |
| A04 ASL Marine Holdings | S$0.063 | 3.3% +S$2.4m | 12.5% | PE3.7x |
