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Singaporean (SGX) Steel Industry Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies3
  • 7D28.3%
  • 3M26.6%
  • 1Y-4.6%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 4.9%, driven by gains from Southern Alliance Mining of 2.5%. In the same time, Fortress Minerals was down 6.1%. In contrast, the industry has lost 24% in the last 12 months. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Feb 2025S$432.4mS$161.8mS$11.4m9.9x37.8x2.7x
Tue, 14 Jan 2025S$332.7mS$164.0mS$11.7m9.9x28.4x2x
Thu, 12 Dec 2024S$342.0mS$161.6mS$13.8m9.6x24.8x2.1x
Sat, 09 Nov 2024S$346.3mS$160.6mS$11.6m9.8x29.9x2.2x
Mon, 07 Oct 2024S$331.7mS$160.7mS$11.3m9.7x29.4x2.1x
Wed, 04 Sep 2024S$331.1mS$162.8mS$15.5m7.6x21.4x2x
Fri, 02 Aug 2024S$389.9mS$167.9mS$16.1m8.5x24.3x2.3x
Sun, 30 Jun 2024S$415.1mS$168.0mS$16.2m8.6x25.6x2.5x
Tue, 28 May 2024S$418.3mS$167.5mS$16.2m8.8x25.9x2.5x
Thu, 25 Apr 2024S$399.6mS$167.3mS$15.6m9.4x25.7x2.4x
Sat, 23 Mar 2024S$412.1mS$166.6mS$15.5m8.6x26.7x2.5x
Mon, 19 Feb 2024S$453.2mS$166.0mS$15.0m7.3x30.2x2.7x
Wed, 17 Jan 2024S$488.7mS$166.3mS$14.9m8x32.7x2.9x
Fri, 15 Dec 2023S$497.0mS$165.2mS$18.2m7.2x27.3x3x
Sun, 12 Nov 2023S$492.6mS$167.6mS$18.6m6.7x26.5x2.9x
Tue, 10 Oct 2023S$498.9mS$168.0mS$18.7m6.3x26.7x3x
Thu, 07 Sep 2023S$529.2mS$170.4mS$17.9m8.1x29.5x3.1x
Sat, 05 Aug 2023S$527.0mS$198.5mS$18.8m7.3x28.1x2.7x
Mon, 03 Jul 2023S$561.1mS$198.6mS$19.0m7.9x29.5x2.8x
Wed, 31 May 2023S$527.4mS$199.0mS$19.6m7.5x26.9x2.7x
Fri, 28 Apr 2023S$602.8mS$189.7mS$19.3m7.8x31.2x3.2x
Sun, 26 Mar 2023S$509.9mS$189.9mS$19.3m7.8x26.5x2.7x
Tue, 21 Feb 2023S$503.7mS$238.9mS$26.4m11.9x19.1x2.1x
Thu, 19 Jan 2023S$486.0mS$238.8mS$26.3m10.6x18.5x2x
Sat, 17 Dec 2022S$411.9mS$240.3mS$26.6m10x15.5x1.7x
Mon, 14 Nov 2022S$383.0mS$239.4mS$26.7m9.2x14.3x1.6x
Wed, 12 Oct 2022S$486.4mS$244.5mS$27.7m9.5x17.6x2x
Fri, 09 Sep 2022S$496.9mS$284.5mS$56.4m8.1x8.8x1.7x
Sun, 07 Aug 2022S$521.0mS$259.4mS$54.2m9x9.6x2x
Tue, 05 Jul 2022S$515.5mS$266.1mS$59.3m8.1x8.7x1.9x
Thu, 02 Jun 2022S$561.2mS$263.4mS$59.1m8.5x9.5x2.1x
Sat, 30 Apr 2022S$586.3mS$265.7mS$59.9m9x9.8x2.2x
Mon, 28 Mar 2022S$597.7mS$295.1mS$65.4m8.5x9.1x2x
Wed, 23 Feb 2022S$571.5mS$269.4mS$73.9m7.9x7.7x2.1x
Price to Earnings Ratio

7.7x


Total Market Cap: S$571.5mTotal Earnings: S$73.9mTotal Revenue: S$269.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Steel Industry Price to Earnings3Y Average 22.4x202320242025
Current Industry PE
    There are only 3 companies in the Singaporean Steel industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 46% per year over the last three years,
  • Revenues have also declined 15% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Singaporean Steel compare with similar industries?

SG Market0.50%
Materials2.06%
Metals and Mining8.56%
Steel28.34%
Aluminum4.69%
Gold4.38%
Copper0%0
Diversified Metals and Mining0%0
Precious Metals and Minerals0%0
Silver0%0
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?

CompanyLast Price7D1YValuation
QNS Southern Alliance MiningS$0.6046.3%
+S$92.9m
-3.2%PS5.9x
OAJ Fortress MineralsS$0.232.2%
+S$2.6m
-6.0%PE11.3x
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Latest News

OAJ

S$0.23

Fortress Minerals

7D

2.2%

1Y

-6.0%

QNS

S$0.60

Southern Alliance Mining

7D

46.3%

1Y

-3.2%