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Singaporean (SGX) Tech Sector Analysis
UpdatedDec 02, 2024
DataAggregated Company Financials
Companies44
- 7D-0.5%
- 3M-6.0%
- 1Y-6.0%
- YTD-10.7%
Over the last 7 days, the Tech industry has remained flat, although notably CSE Global gained 8.1%. As for the longer term, the industry has declined 6.0% in the last year. Looking forward, earnings are forecast to grow by 11% annually.
Sector Valuation and Performance
Has the Singaporean Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 02 Dec 2024 | S$8.8b | S$10.5b | S$413.9m | 14.7x | 21.3x | 0.8x |
| Wed, 30 Oct 2024 | S$9.3b | S$10.6b | S$421.7m | 15.5x | 22.1x | 0.9x |
| Fri, 27 Sep 2024 | S$9.5b | S$10.6b | S$415.8m | 17.1x | 22.8x | 0.9x |
| Sun, 25 Aug 2024 | S$9.2b | S$10.6b | S$437.6m | 15x | 21.1x | 0.9x |
| Tue, 23 Jul 2024 | S$9.7b | S$10.7b | S$414.4m | 15.6x | 23.5x | 0.9x |
| Thu, 20 Jun 2024 | S$9.4b | S$10.7b | S$425.7m | 14.9x | 22x | 0.9x |
| Sat, 18 May 2024 | S$9.2b | S$10.8b | S$449.3m | 11.4x | 20.5x | 0.9x |
| Mon, 15 Apr 2024 | S$9.7b | S$10.9b | S$453.9m | 11.9x | 21.3x | 0.9x |
| Wed, 13 Mar 2024 | S$9.4b | S$10.8b | S$449.7m | 10.8x | 20.9x | 0.9x |
| Fri, 09 Feb 2024 | S$9.3b | S$11.2b | S$468.8m | 13.6x | 19.8x | 0.8x |
| Sun, 07 Jan 2024 | S$9.9b | S$13.7b | S$494.3m | 14x | 20x | 0.7x |
| Tue, 05 Dec 2023 | S$9.6b | S$13.7b | S$494.2m | 13.5x | 19.5x | 0.7x |
| Thu, 02 Nov 2023 | S$9.3b | S$14.3b | S$614.6m | 11.7x | 15.2x | 0.7x |
| Sat, 30 Sep 2023 | S$9.5b | S$14.2b | S$604.6m | 12.1x | 15.7x | 0.7x |
| Mon, 28 Aug 2023 | S$9.6b | S$14.3b | S$596.3m | 15.3x | 16.1x | 0.7x |
| Wed, 26 Jul 2023 | S$10.1b | S$14.9b | S$687.9m | 11.8x | 14.7x | 0.7x |
| Fri, 23 Jun 2023 | S$10.2b | S$14.9b | S$686.5m | 12.2x | 14.9x | 0.7x |
| Sun, 21 May 2023 | S$10.1b | S$15.0b | S$694.6m | 10.3x | 14.5x | 0.7x |
| Tue, 18 Apr 2023 | S$10.9b | S$15.2b | S$739.3m | 10.8x | 14.8x | 0.7x |
| Thu, 16 Mar 2023 | S$10.6b | S$15.2b | S$761.5m | 10.3x | 13.9x | 0.7x |
| Sat, 11 Feb 2023 | S$11.8b | S$15.2b | S$871.9m | 11.4x | 13.5x | 0.8x |
| Mon, 09 Jan 2023 | S$11.4b | S$15.3b | S$875.8m | 11.1x | 13.1x | 0.7x |
| Wed, 07 Dec 2022 | S$11.7b | S$15.5b | S$881.6m | 10.7x | 13.2x | 0.8x |
| Fri, 04 Nov 2022 | S$10.8b | S$15.1b | S$827.4m | 10.4x | 13x | 0.7x |
| Sun, 02 Oct 2022 | S$11.4b | S$15.2b | S$826.5m | 12.6x | 13.8x | 0.8x |
| Tue, 30 Aug 2022 | S$12.5b | S$15.0b | S$825.7m | 12.1x | 15.2x | 0.8x |
| Thu, 28 Jul 2022 | S$12.2b | S$14.5b | S$784.1m | 13.9x | 15.6x | 0.8x |
| Sat, 25 Jun 2022 | S$11.8b | S$14.4b | S$777.0m | 11.7x | 15.2x | 0.8x |
| Mon, 23 May 2022 | S$12.2b | S$14.1b | S$749.1m | 12.8x | 16.3x | 0.9x |
| Wed, 20 Apr 2022 | S$12.4b | S$13.8b | S$729.9m | 13.6x | 16.9x | 0.9x |
| Fri, 18 Mar 2022 | S$11.8b | S$13.8b | S$733.8m | 13.1x | 16.1x | 0.9x |
| Sun, 13 Feb 2022 | S$12.5b | S$12.9b | S$725.5m | 14.2x | 17.2x | 1x |
| Tue, 11 Jan 2022 | S$12.7b | S$13.0b | S$727.1m | 13.1x | 17.4x | 1x |
| Thu, 09 Dec 2021 | S$12.9b | S$13.0b | S$724.3m | 13.3x | 17.9x | 1x |
Price to Earnings Ratio
17.9x
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 21.3x which is higher than its 3-year average PE of 17.3x.
- 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 6.9% 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 | -0.0022% | |
| Tech | -0.52% | |
| IT | 7.29% | |
| Tech Hardware | 1.07% | |
| Software | 0% | |
| Semiconductors | -1.23% | |
| Electronic Equipment and Components | -1.34% | |
| Communications | -2.04% | |
Industry PE
- Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 12.2x.
- 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 38% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 544 CSE Global | S$0.47 | 8.0% +S$24.7m | 15.9% | PE12.6x | |
| V03 Venture | S$12.98 | 0.6% +S$23.0m | -1.0% | PE14.8x | |
| BBW Azeus Systems Holdings | S$11.70 | 6.4% +S$21.0m | 30.0% | PE19.2x | |
| 558 UMS Integration | S$1.04 | 2.0% +S$14.2m | -17.5% | PE16.4x | |
| 532 DISA | S$0.002 | 100.0% +S$10.5m | 0% | PS2.8x |
