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Singaporean (SGX) Professional Services Industry Analysis

UpdatedDec 06, 2023
DataAggregated Company Financials
Companies9
  • 7D-0.2%
  • 3M-5.4%
  • 1Y-2.1%
  • YTD-0.9%

Over the last 7 days, the Professional Services industry has dropped 1.8%, driven by ZICO Holdings declining 26%. On the other hand LMS Compliance is actually up 50%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 2.1% per annum.

Industry Valuation and Performance

Has the Singaporean Professional Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 06 Dec 2023S$1.1bS$1.0bS$74.9m11.9x14.3x1x
Fri, 03 Nov 2023S$1.1bS$1.0bS$71.6m16.7x15.1x1x
Sun, 01 Oct 2023S$1.1bS$1.0bS$71.8m17.5x15.3x1.1x
Tue, 29 Aug 2023S$1.1bS$1.0bS$71.8m17.6x15.4x1.1x
Thu, 27 Jul 2023S$1.1bS$1.0bS$75.5m20.1x14.6x1.1x
Sat, 24 Jun 2023S$1.1bS$1.0bS$78.4m20.2x14.3x1.1x
Mon, 22 May 2023S$1.1bS$1.0bS$78.4m20.2x13.8x1.1x
Wed, 19 Apr 2023S$1.1bS$1.0bS$80.7m15.4x14.2x1.1x
Fri, 17 Mar 2023S$1.1bS$1.0bS$80.7m15.3x14.2x1.1x
Sun, 12 Feb 2023S$1.5bS$997.8mS$54.4m22.1x26.8x1.5x
Tue, 10 Jan 2023S$1.4bS$997.6mS$54.4m21x25.8x1.4x
Thu, 08 Dec 2022S$1.4bS$998.0mS$54.4m20.8x26x1.4x
Sat, 05 Nov 2022S$1.4bS$992.0mS$52.8m28.4x26x1.4x
Mon, 03 Oct 2022S$1.3bS$992.6mS$52.7m28.7x25.6x1.4x
Wed, 31 Aug 2022S$1.4bS$992.8mS$52.7m28.9x26.3x1.4x
Fri, 29 Jul 2022S$1.4bS$956.9mS$74.9m56.3x18.5x1.4x
Sun, 26 Jun 2022S$1.4bS$957.1mS$74.9m59.4x18.6x1.5x
Tue, 24 May 2022S$1.3bS$957.1mS$74.9m59.4x18x1.4x
Thu, 21 Apr 2022S$1.5bS$957.5mS$74.9m62.4x20.1x1.6x
Sat, 19 Mar 2022S$1.5bS$957.4mS$74.9m50.3x19.5x1.5x
Mon, 14 Feb 2022S$1.5bS$995.3mS$70.1m22.9x20.8x1.5x
Wed, 12 Jan 2022S$1.5bS$995.4mS$70.1m22.9x20.8x1.5x
Fri, 10 Dec 2021S$1.5bS$995.4mS$70.1m22.8x21.3x1.5x
Sun, 07 Nov 2021S$1.5bS$995.5mS$70.1m22.8x21.7x1.5x
Tue, 05 Oct 2021S$1.5bS$995.5mS$70.1m22.6x21.4x1.5x
Thu, 02 Sep 2021S$1.5bS$995.5mS$70.1m32.8x21.8x1.5x
Sat, 31 Jul 2021S$1.5bS$995.5mS$70.1m28.7x21.3x1.5x
Tue, 04 May 2021S$1.4bS$957.7mS$52.7m43.2x26.6x1.5x
Fri, 05 Feb 2021S$1.3bS$920.1mS$37.9m44.1x33.4x1.4x
Price to Earnings Ratio

31.8x


Total Market Cap: S$1.2bTotal Earnings: S$37.9mTotal Revenue: S$920.1mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Professional Services Industry Price to Earnings3Y Average 21.4x20222023
Current Industry PE
  • Investors are pessimistic on the Singaporean Professional Services 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 14.1x which is lower than its 3-year average PE of 21.5x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Professional Services industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 4.5% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

SG Market0.16%
Industrials0.64%
Professional Services-0.17%
Research and Consulting Services0.20%
HR Services-0.55%
Industry PE
  • Investors are most optimistic about the Research and Consulting Services industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 5.1%, which is lower than the prior year's growth of 15.3% per year.
  • Investors are most pessimistic about the HR Services industry, which is trading close to its 3-year average of 12.0x.
Forecasted Growth
  • Analysts are most optimistic on the Research and Consulting Services industry, expecting annual earnings growth of 5.1% over the next 5 years.
  • However this is lower than its past earnings growth rate of 15% per year.
  • In contrast, the HR Services industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LMS LMS ComplianceS$0.4150.0%
+S$11.8m		55.8%PE174.8x
TCU Credit Bureau AsiaS$0.911.1%
+S$2.3m		-4.2%PE23x
SGR Sheffield GreenS$0.202.6%
+S$931.3k		n/aPE11.9x
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Latest News

43E

S$0.003

VCPlus

7D

-25.0%

1Y

-66.7%

TCU

S$0.91

Credit Bureau Asia

7D

1.1%

1Y

-4.2%

LMS

S$0.41

LMS Compliance

7D

50.0%

1Y

55.8%

5MZ

S$0.27

Kingsmen Creatives

7D

-1.8%

1Y

-1.8%

SGR

S$0.20

Sheffield Green

7D

2.6%

1Y

n/a

CHZ

S$0.69

HRnetGroup

7D

-0.7%

1Y

-13.1%

HRnetGroup (SGX:CHZ) Has Announced That Its Dividend Will Be Reduced To SGD0.0187

Aug 29
HRnetGroup (SGX:CHZ) Has Announced That Its Dividend Will Be Reduced To SGD0.0187

40W

S$0.05

ZICO Holdings

7D

-26.5%

1Y

n/a