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Singaporean (SGX) Tech Sector Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies44
  • 7D-1.7%
  • 3M-7.0%
  • 1Y-8.2%
  • YTD-11.6%

Over the last 7 days, the Tech industry has dropped 1.7%, driven by Venture declining 1.2%. Meanwhile, Jadason Enterprises actually outperformed within the industry, gaining 18% in the last week. The industry has fallen 8.2% in the last year. Earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024S$8.7bS$10.5bS$413.9m14.7x21.1x0.8x
Mon, 18 Nov 2024S$8.8bS$10.5bS$393.0m14.6x22.4x0.8x
Wed, 16 Oct 2024S$9.4bS$10.6bS$421.9m15.8x22.3x0.9x
Fri, 13 Sep 2024S$9.3bS$10.6bS$414.7m17.3x22.3x0.9x
Sun, 11 Aug 2024S$9.2bS$10.6bS$423.2m12.4x21.7x0.9x
Tue, 09 Jul 2024S$9.7bS$10.7bS$414.3m15.8x23.5x0.9x
Thu, 06 Jun 2024S$9.5bS$10.7bS$425.7m15x22.2x0.9x
Sat, 04 May 2024S$9.6bS$10.8bS$456.2m11.6x21x0.9x
Mon, 01 Apr 2024S$9.4bS$10.9bS$448.8m11.6x21x0.9x
Wed, 28 Feb 2024S$9.6bS$10.9bS$470.9m14.3x20.4x0.9x
Fri, 26 Jan 2024S$9.8bS$13.7bS$493.6m14.3x19.8x0.7x
Sun, 24 Dec 2023S$9.7bS$13.6bS$494.4m14x19.7x0.7x
Tue, 21 Nov 2023S$9.7bS$13.8bS$515.6m13.8x18.7x0.7x
Thu, 19 Oct 2023S$9.4bS$14.3bS$614.8m12.3x15.2x0.7x
Sat, 16 Sep 2023S$9.7bS$14.2bS$607.4m13.6x16x0.7x
Mon, 14 Aug 2023S$9.8bS$14.4bS$623.9m14.5x15.7x0.7x
Wed, 12 Jul 2023S$10.1bS$15.0bS$686.5m12x14.8x0.7x
Fri, 09 Jun 2023S$10.0bS$15.0bS$688.0m12x14.5x0.7x
Sun, 07 May 2023S$10.9bS$15.2bS$736.2m10.6x14.8x0.7x
Tue, 04 Apr 2023S$11.1bS$15.2bS$742.2m10.4x15x0.7x
Thu, 02 Mar 2023S$11.0bS$15.2bS$755.7m10.9x14.6x0.7x
Sat, 28 Jan 2023S$12.0bS$15.2bS$874.4m11.8x13.7x0.8x
Mon, 26 Dec 2022S$11.4bS$15.4bS$877.0m10.8x13x0.7x
Wed, 23 Nov 2022S$11.4bS$15.5bS$878.7m10.8x13x0.7x
Fri, 21 Oct 2022S$10.5bS$15.1bS$828.8m10.5x12.7x0.7x
Sun, 18 Sep 2022S$12.1bS$15.1bS$828.5m13.3x14.6x0.8x
Tue, 16 Aug 2022S$12.6bS$15.0bS$829.6m11.8x15.2x0.8x
Thu, 14 Jul 2022S$11.8bS$14.5bS$781.3m13x15.1x0.8x
Sat, 11 Jun 2022S$12.1bS$14.3bS$776.4m12.6x15.6x0.8x
Mon, 09 May 2022S$12.5bS$14.1bS$749.9m14x16.7x0.9x
Wed, 06 Apr 2022S$12.5bS$13.8bS$729.5m13.6x17.1x0.9x
Fri, 04 Mar 2022S$12.1bS$13.8bS$742.3m14.5x16.3x0.9x
Sun, 30 Jan 2022S$12.0bS$12.9bS$726.6m12.9x16.5x0.9x
Tue, 28 Dec 2021S$12.6bS$12.9bS$723.7m13.1x17.4x1x
Price to Earnings Ratio

17.4x


Total Market Cap: S$12.6bTotal Earnings: S$723.7mTotal Revenue: S$12.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Tech Sector Price to Earnings3Y Average 17.4x202220232024
Current Industry PE
  • Investors are optimistic on the Singaporean Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.1x which is higher than its 3-year average PE of 17.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.80x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 17% per year over the last three years,
  • Revenues have also declined 6.7% 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 Tech sector?

SG Market-2.14%
Tech-1.71%
Software0%
IT-1.11%
Tech Hardware-1.40%
Electronic Equipment and Components-1.52%
Semiconductors-3.41%
Communications-4.30%
Industry PE
  • Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 12.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 39% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 5.2% 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
J03 Jadason EnterprisesS$0.01318.2%
+S$1.4m		116.7%PS0.4x
AYN Global TestingS$0.982.6%
+S$831.4k		10.7%PE11.5x
QZG AccrelistS$0.042.6%
+S$319.6k		17.6%PS0.7x
5AB Trek 2000 InternationalS$0.0741.4%
+S$311.9k		25.4%PE6.3x
QS9 Global Invacom GroupS$0.0273.8%
+S$271.7k		-37.2%PS0.09x
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Latest News

V03

S$12.89

Venture

7D

-1.2%

1Y

-3.8%

J03

S$0.013

Jadason Enterprises

7D

18.2%

1Y

116.7%

Jadason Enterprises Ltd's (SGX:J03) Shares Climb 30% But Its Business Is Yet to Catch Up

Dec 11
Jadason Enterprises Ltd's (SGX:J03) Shares Climb 30% But Its Business Is Yet to Catch Up

BDA

S$0.53

PNE Industries

7D

-7.9%

1Y

-8.7%

Risks To Shareholder Returns Are Elevated At These Prices For PNE Industries Ltd (SGX:BDA)

Dec 09
Risks To Shareholder Returns Are Elevated At These Prices For PNE Industries Ltd (SGX:BDA)

QZG

S$0.04

Accrelist

7D

2.6%

1Y

17.6%

558

S$0.97

UMS Integration

7D

-3.0%

1Y

-24.8%

AWX

S$1.29

AEM Holdings

7D

-5.8%

1Y

-60.3%

BN2

S$0.61

Valuetronics Holdings

7D

-1.6%

1Y

2.5%

BCY

S$2.80

Powermatic Data Systems

7D

-5.4%

1Y

-2.8%

Powermatic Data Systems' (SGX:BCY) Returns On Capital Not Reflecting Well On The Business

Nov 11
Powermatic Data Systems' (SGX:BCY) Returns On Capital Not Reflecting Well On The Business

8AZ

S$0.69

Aztech Global

7D

-2.8%

1Y

-24.3%

5AB

S$0.074

Trek 2000 International

7D

1.4%

1Y

25.4%

Trek 2000 International Ltd's (SGX:5AB) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

Oct 23
Trek 2000 International Ltd's (SGX:5AB) Share Price Boosted 31% But Its Business Prospects Need A Lift Too

544

S$0.46

CSE Global

7D

-2.2%

1Y

7.1%

Market Participants Recognise CSE Global Limited's (SGX:544) Earnings

Sep 10
Market Participants Recognise CSE Global Limited's (SGX:544) Earnings

QS9

S$0.027

Global Invacom Group

7D

3.8%

1Y

-37.2%

AYN

S$0.98

Global Testing

7D

2.6%

1Y

10.7%