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Singaporean (SGX) Materials Sector Analysis

UpdatedJan 20, 2026
DataAggregated Company Financials
Companies27
  • 7D-0.07%
  • 3M5.1%
  • 1Y21.2%
  • YTD1.6%

The Materials industry is up 1.4% in the last week, with CNMC Goldmine Holdings up 9.2%. Meanwhile, China Sunsine Chemical Holdings actually underperformed within the industry, shrinking 6.1% in the last week. In the last 12 months, the industry was up 21%. In the next few years, earnings are forecast to decline by 19% annually.

Sector Valuation and Performance

Has the Singaporean Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 Jan 2026S$7.7bS$8.0bS$235.3m13x32.6x1x
Thu, 18 Dec 2025S$7.3bS$8.0bS$230.5m12.9x31.7x0.9x
Sat, 15 Nov 2025S$7.4bS$8.0bS$230.8m12.7x31.9x0.9x
Mon, 13 Oct 2025S$7.5bS$8.0bS$220.6m13.3x34.2x0.9x
Wed, 10 Sep 2025S$7.4bS$8.0bS$224.8m13.8x32.8x0.9x
Fri, 08 Aug 2025S$6.7bS$7.9bS$246.2m13.3x27.1x0.8x
Sun, 06 Jul 2025S$6.3bS$7.8bS$387.3m13x16.2x0.8x
Tue, 03 Jun 2025S$5.9bS$7.8bS$386.9m12.4x15.3x0.8x
Thu, 01 May 2025S$5.9bS$7.8bS$198.0m11.5x29.9x0.8x
Sat, 29 Mar 2025S$6.1bS$7.8bS$168.6m11.1x36.3x0.8x
Mon, 24 Feb 2025S$6.3bS$7.8bS$137.0m15.9x46.2x0.8x
Wed, 22 Jan 2025S$6.3bS$7.5bS$98.6m15.7x63.7x0.8x
Fri, 20 Dec 2024S$6.2bS$7.5bS$100.9m14.9x61.7x0.8x
Sun, 17 Nov 2024S$6.2bS$7.5bS$98.5m15.1x62.4x0.8x
Tue, 15 Oct 2024S$6.4bS$7.5bS$95.3m14.4x67.2x0.9x
Thu, 12 Sep 2024S$5.9bS$7.5bS$97.1m14.2x60.9x0.8x
Sat, 10 Aug 2024S$5.8bS$7.5bS$120.2m10.8x48.2x0.8x
Mon, 08 Jul 2024S$6.1bS$7.6bS$181.2m13x33.5x0.8x
Wed, 05 Jun 2024S$6.0bS$7.6bS$173.0m14.6x34.6x0.8x
Fri, 03 May 2024S$6.1bS$7.6bS$171.6m15.4x35.4x0.8x
Sun, 31 Mar 2024S$6.2bS$7.7bS$142.3m12.8x43.8x0.8x
Tue, 27 Feb 2024S$6.3bS$7.8bS$143.5m12.9x44.1x0.8x
Thu, 25 Jan 2024S$4.5bS$9.6bS$34.8m11.3x129.9x0.5x
Sat, 23 Dec 2023S$4.6bS$9.6bS$37.4m10.3x123.4x0.5x
Mon, 20 Nov 2023S$4.6bS$9.6bS$37.5m10.2x123.8x0.5x
Wed, 18 Oct 2023S$4.8bS$9.7bS$68.0m8.8x70.4x0.5x
Fri, 15 Sep 2023S$4.9bS$9.7bS$67.1m10.6x73x0.5x
Sun, 13 Aug 2023S$4.9bS$10.4bS$789.1m10.1x6.2x0.5x
Tue, 11 Jul 2023S$5.2bS$11.2bS$863.2m9.9x6.1x0.5x
Thu, 08 Jun 2023S$5.5bS$11.2bS$864.5m9.3x6.3x0.5x
Sat, 06 May 2023S$5.7bS$11.3bS$935.1m8.8x6x0.5x
Mon, 03 Apr 2023S$5.7bS$11.3bS$939.6m9.3x6.1x0.5x
Wed, 01 Mar 2023S$5.7bS$11.1bS$1.3b11x4.4x0.5x
Fri, 27 Jan 2023S$5.9bS$11.0bS$1.3b11.2x4.5x0.5x
Price to Earnings Ratio

4.5x


Total Market Cap: S$5.9bTotal Earnings: S$1.3bTotal Revenue: S$11.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Materials Sector Price to Earnings3Y Average 43.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Singaporean Materials 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 32.6x which is lower than its 3-year average PE of 43.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.71x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 44% per year over the last three years,
  • Revenues have also declined 9.9% 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 Materials sector?

SG Market1.21%
Materials-0.072%
Metals and Mining3.73%
Packaging0.76%
Paper and Forestry Products-0.46%
Chemicals-1.13%
Basic Materials-2.69%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry which is trading above its 3-year average PE ratio of 13.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Despite it being negative, analysts are least pessimistic on the Metals and Mining industry since they expect its earnings to decline by only 2.1% per year over the next 5 years, which isn't as bad as the other industries.
  • This is a reversal from its past annual earnings growth rate of 11% per year.
  • In contrast, the Chemicals industry is expected to see its earnings decline by 19% 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
A7RU Keppel Infrastructure TrustS$0.522.0%
+S$60.8m		12.0%PE21.6x
QNS Southern Alliance MiningS$0.4812.8%
+S$35.0m		22.8%PS4.9x
5TP CNMC Goldmine HoldingsS$1.245.1%
+S$24.3m		350.9%PE18.5x
DM0 PSCS$0.392.6%
+S$5.5m		16.4%PE9.9x
X5N AvargaS$2.262.7%
+S$5.4m		5.1%PS0.1x

Latest News

5TP
S$1.24
CNMC Goldmine Holdings
7D
5.1%
1Y
350.9%
DM0
S$0.39
PSC
7D
2.6%
1Y
16.4%
A7RU
S$0.52
Keppel Infrastructure Trust
7D
2.0%
1Y
12.0%

A7RU: Fair Value Will Remain Steady Ahead Of 2025 Extraordinary Meeting

Analysts have slightly reduced their price target for Keppel Infrastructure Trust. This reflects small adjustments to assumptions on discount rate, revenue growth, profit margin and future P/E, while keeping their fair value estimate broadly unchanged.
OAJ
S$0.28
Fortress Minerals
7D
1.8%
1Y
14.0%
C05
S$0.48
Chemical Industries (Far East)
7D
-6.7%
1Y
7.8%
KUO
S$0.042
International Cement Group
7D
-6.7%
1Y
133.3%
5F7
S$0.007
Wilton Resources
7D
-12.5%
1Y
40.0%
MZH
S$0.56
Nanofilm Technologies International
7D
-4.3%
1Y
-27.3%
QNS
S$0.48
Southern Alliance Mining
7D
12.8%
1Y
22.8%
QES
S$0.77
China Sunsine Chemical Holdings
7D
-6.7%
1Y
75.0%
41T
S$0.005
GCCP Resources
7D
25.0%
1Y
0%
T12
S$0.90
Tat Seng Packaging Group
7D
-0.6%
1Y
14.6%
S20
S$1.68
Straits Trading
7D
0.6%
1Y
14.3%
N08
S$0.23
New Toyo International Holdings
7D
-2.1%
1Y
-9.8%
S44
S$0.96
EnGro
7D
-1.0%
1Y
36.9%

EnGro's (SGX:S44) Promising Earnings May Rest On Soft Foundations

Aug 19
EnGro's (SGX:S44) Promising Earnings May Rest On Soft Foundations
X5N
S$2.26
Avarga
7D
2.7%
1Y
5.1%