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Singaporean (SGX) Tech Sector Analysis

UpdatedJun 07, 2026
DataAggregated Company Financials
Companies45
  • 7D-6.5%
  • 3M39.7%
  • 1Y107.5%
  • YTD57.5%

The Tech industry is down 6.5% over the last week with AEM Holdings the worst performer, down 8.0%. Meanwhile, mDR actually outperformed within the industry, gaining 9.8% in the last week. In the past year, the industry has gained 108%. Looking forward, earnings are forecast to grow by 21% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Jun 2026S$17.0bS$11.9bS$550.8m19x30.9x1.4x
Tue, 05 May 2026S$15.6bS$11.8bS$536.7m17.8x29.1x1.3x
Thu, 02 Apr 2026S$12.6bS$11.8bS$535.3m17.2x23.5x1.1x
Sat, 28 Feb 2026S$12.2bS$11.2bS$469.4m19.8x26x1.1x
Mon, 26 Jan 2026S$11.5bS$11.1bS$459.3m20.1x25.1x1x
Wed, 24 Dec 2025S$10.2bS$9.3bS$427.5m18.6x23.8x1.1x
Fri, 21 Nov 2025S$10.0bS$9.3bS$430.7m19.5x23.2x1.1x
Sun, 19 Oct 2025S$9.5bS$9.3bS$415.4m19.3x22.9x1x
Tue, 16 Sep 2025S$9.5bS$9.5bS$422.0m19.9x22.5x1x
Thu, 14 Aug 2025S$9.1bS$9.4bS$392.8m19.2x23.1x1x
Sat, 12 Jul 2025S$8.3bS$9.6bS$407.3m18.7x20.5x0.9x
Mon, 09 Jun 2025S$7.6bS$9.7bS$392.7m18x19.3x0.8x
Wed, 07 May 2025S$7.2bS$9.6bS$390.3m16.4x18.4x0.7x
Fri, 04 Apr 2025S$7.7bS$9.8bS$396.7m16.5x19.4x0.8x
Sun, 02 Mar 2025S$8.0bS$10.3bS$390.2m11.7x20.4x0.8x
Tue, 28 Jan 2025S$7.9bS$10.2bS$384.3m13.2x20.4x0.8x
Thu, 26 Dec 2024S$8.9bS$10.5bS$414.2m14.9x21.4x0.8x
Sat, 23 Nov 2024S$8.9bS$10.5bS$408.3m14.8x21.8x0.8x
Mon, 21 Oct 2024S$9.4bS$10.6bS$421.9m15.8x22.3x0.9x
Wed, 18 Sep 2024S$9.4bS$10.6bS$415.0m17.4x22.6x0.9x
Fri, 16 Aug 2024S$9.1bS$10.7bS$436.1m12.1x20.9x0.9x
Sun, 14 Jul 2024S$9.8bS$10.7bS$414.5m16x23.8x0.9x
Tue, 11 Jun 2024S$9.5bS$10.7bS$425.6m14.8x22.2x0.9x
Thu, 09 May 2024S$9.4bS$10.8bS$456.2m11.7x20.6x0.9x
Sat, 06 Apr 2024S$9.5bS$10.9bS$448.5m11.2x21.2x0.9x
Mon, 04 Mar 2024S$9.4bS$10.9bS$480.3m11.6x19.6x0.9x
Wed, 31 Jan 2024S$9.5bS$13.7bS$493.1m14x19.3x0.7x
Fri, 29 Dec 2023S$9.9bS$13.6bS$494.4m14.2x20.1x0.7x
Sun, 26 Nov 2023S$9.6bS$13.8bS$513.3m14x18.8x0.7x
Tue, 24 Oct 2023S$9.1bS$14.3bS$614.4m12.2x14.8x0.6x
Thu, 21 Sep 2023S$9.6bS$14.2bS$607.4m13.4x15.9x0.7x
Sat, 19 Aug 2023S$9.5bS$14.4bS$592.4m14.7x16x0.7x
Mon, 17 Jul 2023S$10.3bS$14.9bS$687.4m12.3x15x0.7x
Wed, 14 Jun 2023S$10.2bS$14.9bS$686.8m12.2x14.8x0.7x
Price to Earnings Ratio

14.8x


Total Market Cap: S$10.2bTotal Earnings: S$686.8mTotal Revenue: S$14.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Tech Sector Price to Earnings3Y Average 21.1x202420252026
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 30.9x which is higher than its 3-year average PE of 21.1x.
  • The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 7.1% per year over the last three years,
  • Revenues have also declined 7.2% 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-0.66%
Tech-6.50%
Software0%0
Electronic Equipment and Components-1.50%
Tech Hardware-8.27%
Semiconductors-9.03%
Communications-12.04%
IT-16.79%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 40.4%, which is lower than the prior year's growth of 147.5% per year.
  • Investors are most pessimistic about the Tech Hardware industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.9x.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 40% over the next 5 years.
  • However this is lower than its past earnings growth rate of 147% per year.
  • In contrast, the Tech Hardware industry is expected to see its earnings grow by 6.4% 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
Y3D mDRS$0.0459.8%
+S$8.9m		45.2%PS0.4x
CYW TrickleStarS$0.1226.0%
+S$5.9m		450.0%PS3.8x
BLU GRPS$0.07129.1%
+S$2.9m		18.3%PS1.4x
XHV Serial AchievaS$0.135.6%
+S$1.2m		-14.4%PS0.2x
BIX EllipsizS$0.271.9%
+S$828.5k		12.8%PE58.7x

Latest News

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