A Look At The Intrinsic Value Of Broadway Industrial Group Limited (SGX:B69)
Today we will run through one way of estimating the intrinsic value of Broadway Industrial Group Limited ( SGX:B69 ) by...
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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Mon, 29 Nov 2021 | S$13.1b | S$13.0b | S$724.8m | 13.4x |
| Wed, 27 Oct 2021 | S$13.0b | S$12.8b | S$725.9m | 15.4x |
| Fri, 24 Sep 2021 | S$12.4b | S$12.8b | S$727.1m | 14.9x |
| Sun, 22 Aug 2021 | S$12.3b | S$12.8b | S$727.6m | 14.6x |
| Fri, 09 Jul 2021 | S$12.3b | S$12.8b | S$727.6m | 13.7x |
| Thu, 01 Apr 2021 | S$12.3b | S$12.4b | S$690.6m | 13x |
| Sun, 03 Jan 2021 | S$10.7b | S$11.4b | S$584.5m | 13.9x |
| Wed, 07 Oct 2020 | S$10.6b | S$11.5b | S$517.2m | 14.3x |
| Tue, 30 Jun 2020 | S$9.2b | S$11.5b | S$467.6m | 12.8x |
| Fri, 03 Apr 2020 | S$7.4b | S$11.8b | S$492.0m | 10x |
| Mon, 06 Jan 2020 | S$10.0b | S$11.9b | S$477.1m | 12.5x |
| Thu, 10 Oct 2019 | S$9.1b | S$12.2b | S$536.5m | 10.6x |
| Wed, 03 Jul 2019 | S$9.6b | S$12.5b | S$549.1m | 11x |
| Sat, 06 Apr 2019 | S$10.0b | S$13.1b | S$687.1m | 13.5x |
| Tue, 08 Jan 2019 | S$8.3b | S$13.5b | S$630.3m | 11.2x |
PE Ratio
12.7x
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 Hardware | 3.49% | |
| 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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| B69 Broadway Industrial Group | 4.5%+S$4.3m | 41.1% | PE7x | |
| C76 Creative Technology | 2.0%+S$3.5m | 5.8% | PS1.6x | |
| N01 Nera Telecommunications | 4.7%+S$2.2m | -27.7% | PS0.4x | |
| BKY Avi-Tech Electronics | 1.3%+S$855.2k | -10.6% | PE18.7x | |
| NHD Jubilee Industries Holdings | 3.8%+S$628.7k | 5.8% | PS0.09x |
