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Singaporean (SGX) Steel Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies3
  • 7D8.5%
  • 3M12.3%
  • 1Y18.7%
  • YTDn/a

The Steel is pretty flat in the last 7 days, but Fortress Minerals has stood out, gaining 4.2%. The past year has been better, since the industry has gained 6.9% in that time. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026S$453.3mS$197.9mS$3.5m12.7x130.5x2.3x
Wed, 10 Dec 2025S$415.8mS$191.6m-S$1,306,115.1816.3x-318.4x2.2x
Fri, 07 Nov 2025S$401.9mS$191.4m-S$1,179,826.2516x-340.6x2.1x
Sun, 05 Oct 2025S$412.1mS$188.0mS$2.1m12x196x2.2x
Tue, 02 Sep 2025S$346.6mS$170.3mS$6.3m11.2x54.7x2x
Thu, 31 Jul 2025S$363.6mS$171.8mS$6.3m11.5x57.8x2.1x
Sat, 28 Jun 2025S$379.6mS$162.8mS$6.1m10.5x62.6x2.3x
Mon, 26 May 2025S$391.3mS$163.5mS$5.3m12.3x74x2.4x
Wed, 23 Apr 2025S$386.8mS$156.9mS$8.6m8.9x44.8x2.5x
Fri, 21 Mar 2025S$348.1mS$158.8mS$8.8m9.2x39.5x2.2x
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
Price to Earnings Ratio

18.5x


Total Market Cap: S$486.0mTotal Earnings: S$26.3mTotal Revenue: S$238.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Steel Industry Price to Earnings3Y Average 3.7x202420252026
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
  • Total earnings for the Steel industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 7.1% per year, which is driving profits down.

Industry Comparison

How does Singaporean Steel compare with similar industries?

SG Market1.57%
Materials0.88%
Metals and Mining2.30%
Steel8.49%
Diversified Metals and Mining0.78%
Aluminum0%0
Gold-0.97%
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
OAJ Fortress MineralsS$0.3024.5%
+S$31.4m		32.6%PE16x
QNS Southern Alliance MiningS$0.432.4%
+S$6.4m		11.7%PS4.3x

Latest News

OAJ
S$0.30
Fortress Minerals
7D
24.5%
1Y
32.6%
A52
S$0.069
AnnAik
7D
-10.4%
1Y
21.1%
QNS
S$0.43
Southern Alliance Mining
7D
2.4%
1Y
11.7%