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Singaporean (SGX) Tech Sector Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies48
  • 7D-2.5%
  • 3M3.8%
  • 1Y13.5%
  • YTD7.6%

Over the last 7 days, the Tech industry has dropped 2.5%, driven by a pullback from Venture of 2.1%. Meanwhile, Creative Technology actually outperformed within the industry, gaining 8.8% in the last week. This takes the industry's 12 month performance to a gain of 14%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Mon, 29 Nov 2021S$13.1bS$13.0bS$724.8m13.4x
Wed, 27 Oct 2021S$13.0bS$12.8bS$725.9m15.4x
Fri, 24 Sep 2021S$12.4bS$12.8bS$727.1m14.9x
Sun, 22 Aug 2021S$12.3bS$12.8bS$727.6m14.6x
Fri, 09 Jul 2021S$12.3bS$12.8bS$727.6m13.7x
Thu, 01 Apr 2021S$12.3bS$12.4bS$690.6m13x
Sun, 03 Jan 2021S$10.7bS$11.4bS$584.5m13.9x
Wed, 07 Oct 2020S$10.6bS$11.5bS$517.2m14.3x
Tue, 30 Jun 2020S$9.2bS$11.5bS$467.6m12.8x
Fri, 03 Apr 2020S$7.4bS$11.8bS$492.0m10x
Mon, 06 Jan 2020S$10.0bS$11.9bS$477.1m12.5x
Thu, 10 Oct 2019S$9.1bS$12.2bS$536.5m10.6x
Wed, 03 Jul 2019S$9.6bS$12.5bS$549.1m11x
Sat, 06 Apr 2019S$10.0bS$13.1bS$687.1m13.5x
Tue, 08 Jan 2019S$8.3bS$13.5bS$630.3m11.2x
PE Ratio

12.7x

Total Market Cap: S$8.6bTotal Earnings: S$637.7mTotal Revenue: S$13.9b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.0x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Information Technology industry have grown 4.4% per year over the last three years, while revenues for these companies have declined 2.3% per year. This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Singaporean Tech sector?

Tech Hardware3.49%
Communications-1.46%
Semiconductors-1.83%
Electronic Equipment and Components-2.74%
IT-3.07%
Software-4.54%

Industry PE: Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 29.0x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Electronic Equipment and Components industry, which is trading below its 3-year average of 13.0x.

Forecasted Growth: Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 16% over the next 5 years. This is better than its past earnings decline of 6.3% per year. Meanwhile, the Electronic Equipment and Components industry is expected to see its earnings grow by 10% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
B69 Broadway Industrial Group4.5%+S$4.3m41.1%PE7x
C76 Creative Technology2.0%+S$3.5m5.8%PS1.6x
N01 Nera Telecommunications4.7%+S$2.2m-27.7%PS0.4x
BKY Avi-Tech Electronics1.3%+S$855.2k-10.6%PE18.7x
NHD Jubilee Industries Holdings3.8%+S$628.7k5.8%PS0.09x
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Latest News

V03

S$18.81

Venture

7D

-2.5%

1Y

-0.1%

BLU

S$0.13

GRP

7D

-36.4%

1Y

-3.1%