Subdued Growth No Barrier To ASL Marine Holdings Ltd. (SGX:A04) With Shares Advancing 38%
Nov 03
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Singaporean (SGX) Construction Machinery and Vehicles Industry Analysis
UpdatedNov 12, 2025
DataAggregated Company Financials
Companies11
- 7D-0.8%
- 3M9.5%
- 1Y31.5%
- YTDn/a
Over the last 7 days, the Construction Machinery and Vehicles industry has dropped 2.8%, driven by Yangzijiang Shipbuilding (Holdings) declining 4.3%. On the other hand ASL Marine Holdings is actually up 11%. This takes the industry's 12 month performance to a gain of 26%. As for the next few years, earnings are expected to grow by 17% 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, 12 Nov 2025 | S$23.5b | S$21.6b | S$1.9b | 10.4x | 12.2x | 1.1x |
| Fri, 10 Oct 2025 | S$24.9b | S$21.5b | S$1.9b | 10.2x | 12.9x | 1.2x |
| Sun, 07 Sep 2025 | S$23.0b | S$21.5b | S$1.9b | 10.1x | 12x | 1.1x |
| Tue, 05 Aug 2025 | S$20.1b | S$20.8b | S$1.7b | 10.8x | 11.8x | 1x |
| Thu, 03 Jul 2025 | S$17.7b | S$19.4b | S$1.6b | 10.8x | 11.2x | 0.9x |
| Sat, 31 May 2025 | S$16.9b | S$19.5b | S$1.6b | 10.1x | 10.6x | 0.9x |
| Mon, 28 Apr 2025 | S$16.8b | S$19.5b | S$1.7b | 9.4x | 9.6x | 0.9x |
| Wed, 26 Mar 2025 | S$18.5b | S$19.6b | S$1.8b | 9.2x | 10.4x | 0.9x |
| Fri, 21 Feb 2025 | S$22.9b | S$18.5b | -S$358,100,201.99 | 13x | -64x | 1.2x |
| Sun, 19 Jan 2025 | S$20.6b | S$18.6b | -S$347,071,752.87 | 11.5x | -59.4x | 1.1x |
| Tue, 17 Dec 2024 | S$19.5b | S$18.6b | -S$355,709,040.55 | 11.1x | -54.7x | 1x |
| Thu, 14 Nov 2024 | S$18.0b | S$18.6b | -S$345,048,006.99 | 8.2x | -52.2x | 1x |
| Sat, 12 Oct 2024 | S$18.0b | S$18.6b | -S$344,943,676.72 | 8.2x | -52.3x | 1x |
| Mon, 09 Sep 2024 | S$16.5b | S$18.5b | -S$353,734,823.13 | 10x | -46.6x | 0.9x |
| Wed, 07 Aug 2024 | S$15.1b | S$18.1b | -S$623,963,470.06 | 7.8x | -24.2x | 0.8x |
| Fri, 05 Jul 2024 | S$15.5b | S$17.0b | -S$931,447,172.70 | 6.8x | -16.6x | 0.9x |
| Sun, 02 Jun 2024 | S$16.0b | S$17.0b | -S$932,933,329.63 | 7.1x | -17.1x | 0.9x |
| Tue, 30 Apr 2024 | S$14.1b | S$16.9b | -S$1,115,404,062.65 | 8x | -12.6x | 0.8x |
| Thu, 28 Mar 2024 | S$13.6b | S$16.9b | -S$1,044,059,625.92 | 7.8x | -13x | 0.8x |
| Sat, 24 Feb 2024 | S$13.8b | S$12.7b | S$307.7m | 9.3x | 44.7x | 1.1x |
| Mon, 22 Jan 2024 | S$15.0b | S$12.7b | S$294.9m | 10.1x | 50.9x | 1.2x |
| Wed, 20 Dec 2023 | S$14.0b | S$12.7b | S$292.6m | 9.8x | 47.7x | 1.1x |
| Fri, 17 Nov 2023 | S$14.2b | S$12.7b | S$290.4m | 9.5x | 48.8x | 1.1x |
| Sun, 15 Oct 2023 | S$15.9b | S$12.7b | S$283.9m | 10.1x | 56.1x | 1.3x |
| Tue, 12 Sep 2023 | S$17.2b | S$12.7b | S$280.7m | 10.4x | 61.2x | 1.4x |
| Thu, 10 Aug 2023 | S$16.7b | S$12.6b | S$278.2m | 11.2x | 60.2x | 1.3x |
| Sat, 08 Jul 2023 | S$15.2b | S$10.5b | S$293.9m | 11.9x | 51.7x | 1.4x |
| Mon, 05 Jun 2023 | S$14.0b | S$10.6b | S$304.7m | 9.7x | 45.8x | 1.3x |
| Wed, 03 May 2023 | S$14.2b | S$10.7b | S$291.1m | 9.9x | 48.9x | 1.3x |
| Fri, 31 Mar 2023 | S$13.5b | S$10.7b | S$292.0m | 9.5x | 46.3x | 1.3x |
| Sun, 26 Feb 2023 | S$10.1b | S$10.9b | -S$111,716,689.00 | 10.3x | -90.8x | 0.9x |
| Tue, 24 Jan 2023 | S$10.1b | S$11.2b | S$172.5m | 7.9x | 58.3x | 0.9x |
| Thu, 22 Dec 2022 | S$10.7b | S$11.2b | S$170.5m | 8.1x | 62.7x | 1x |
| Sat, 19 Nov 2022 | S$10.2b | S$11.1b | S$165.5m | 8.4x | 61.4x | 0.9x |
Price to Earnings Ratio
61.4x
Current Industry PE
- Investors are pessimistic on the Singaporean Construction Machinery and Heavy Trucks 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 12.1x which is lower than its 3-year average PE of 14.4x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Construction Machinery and Heavy Trucks industry have grown 124% per year over the last three years.
- Revenues for these companies have grown 25% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Singaporean Construction Machinery and Vehicles compare with similar industries?
| SG Market | 2.06% | |
| Industrials | 0.16% | |
| Machinery | -0.90% | |
| Construction Machinery and Vehicles | -0.80% | |
| Industrial Machinery | -2.55% | |
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 | |
|---|---|---|---|---|---|
| BS6 Yangzijiang Shipbuilding (Holdings) | S$3.40 | 2.1% +S$275.5m | 30.8% | PE9.4x | |
| 1MZ Nam Cheong | S$0.79 | 12.1% +S$33.9m | 96.3% | PE4.1x | |
| 5E2 Seatrium | S$2.16 | 0.5% +S$33.9m | 12.5% | PE27.6x | |
| A04 ASL Marine Holdings | S$0.28 | 12.0% +S$30.9m | 409.1% | PE19.8x | |
| H22 Hong Leong Asia | S$2.39 | 0.8% +S$15.0m | 188.0% | PE19x |
