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Singaporean (SGX) Tech Sector Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies46
  • 7D1.7%
  • 3M18.7%
  • 1Y36.8%
  • YTD14.0%

In the last week, the Tech industry is up 2.5%, with AEM Holdings up 22%. Meanwhile, CSE Global actually underperformed within the industry, shrinking 5.9% in the last week. In the last 12 months, the industry was up 36%. As for the next few years, earnings are expected to grow by 12% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026S$12.3bS$11.1bS$463.6m20x26.4x1.1x
Sun, 25 Jan 2026S$11.5bS$11.1bS$459.3m20.1x25.1x1x
Tue, 23 Dec 2025S$10.2bS$9.3bS$427.7m18.6x23.9x1.1x
Thu, 20 Nov 2025S$9.9bS$9.3bS$430.6m19.3x23x1.1x
Sat, 18 Oct 2025S$9.5bS$9.3bS$415.4m19.3x22.9x1x
Mon, 15 Sep 2025S$9.5bS$9.5bS$423.4m19.9x22.4x1x
Wed, 13 Aug 2025S$9.0bS$9.4bS$393.5m18.7x23x1x
Fri, 11 Jul 2025S$8.3bS$9.6bS$407.3m18.7x20.5x0.9x
Sun, 08 Jun 2025S$7.6bS$9.7bS$392.7m18x19.3x0.8x
Tue, 06 May 2025S$7.1bS$9.6bS$390.3m16.2x18.3x0.7x
Thu, 03 Apr 2025S$7.8bS$9.8bS$396.7m16.6x19.6x0.8x
Sat, 01 Mar 2025S$8.0bS$10.3bS$394.8m11.7x20.2x0.8x
Mon, 27 Jan 2025S$8.0bS$10.2bS$382.8m13.7x20.9x0.8x
Wed, 25 Dec 2024S$8.9bS$10.5bS$414.2m14.9x21.4x0.8x
Fri, 22 Nov 2024S$8.8bS$10.5bS$408.3m14.7x21.7x0.8x
Sun, 20 Oct 2024S$9.4bS$10.6bS$421.9m15.8x22.3x0.9x
Tue, 17 Sep 2024S$9.4bS$10.6bS$414.8m17.4x22.6x0.9x
Thu, 15 Aug 2024S$9.2bS$10.7bS$436.1m12.3x21.1x0.9x
Sat, 13 Jul 2024S$9.8bS$10.7bS$414.5m16x23.7x0.9x
Mon, 10 Jun 2024S$9.5bS$10.7bS$425.9m14.9x22.2x0.9x
Wed, 08 May 2024S$9.2bS$10.8bS$456.2m11.5x20.3x0.9x
Fri, 05 Apr 2024S$9.5bS$10.8bS$448.5m11.4x21.1x0.9x
Sun, 03 Mar 2024S$9.4bS$10.8bS$466.6m11.7x20.2x0.9x
Tue, 30 Jan 2024S$9.6bS$13.7bS$493.6m14.2x19.4x0.7x
Thu, 28 Dec 2023S$9.9bS$13.6bS$494.3m14.1x20x0.7x
Sat, 25 Nov 2023S$9.6bS$13.8bS$513.3m14x18.8x0.7x
Mon, 23 Oct 2023S$9.2bS$14.3bS$614.7m12.2x15x0.6x
Wed, 20 Sep 2023S$9.6bS$14.2bS$607.3m13.4x15.9x0.7x
Fri, 18 Aug 2023S$9.6bS$14.4bS$592.6m14.7x16.2x0.7x
Sun, 16 Jul 2023S$10.3bS$14.9bS$687.4m12.3x15x0.7x
Tue, 13 Jun 2023S$10.1bS$15.0bS$686.9m11.9x14.6x0.7x
Thu, 11 May 2023S$10.3bS$15.2bS$735.6m10.6x14x0.7x
Sat, 08 Apr 2023S$11.1bS$15.2bS$742.5m10.5x14.9x0.7x
Mon, 06 Mar 2023S$10.7bS$15.2bS$761.3m10.6x14x0.7x
Price to Earnings Ratio

14x


Total Market Cap: S$10.7bTotal Earnings: S$761.3mTotal Revenue: S$15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Tech Sector Price to Earnings3Y Average 20x202420252026
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 26.9x which is higher than its 3-year average PE of 20.0x.
  • The 3-year average PS ratio of 0.83x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 16% per year over the last three years,
  • Revenues have also declined 9.8% 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-0.70%
Tech1.75%
Semiconductors8.37%
Communications3.16%
Electronic Equipment and Components0.98%
Software0%0
Tech Hardware-0.16%
IT-5.67%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 26.8x.
    • Analysts are expecting annual earnings growth of 27.9%, which is lower than the prior year's growth of 32.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Communications industry, expecting annual earnings growth of 51% over the next 5 years.
  • However this is lower than its past earnings growth rate of 301% per year.
  • In contrast, the Tech Hardware industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
AWX AEM HoldingsS$2.4721.7%
+S$138.4m		72.7%PE45.8x
V03 VentureS$16.901.7%
+S$80.6m		32.2%PE20.8x
575 ASTI HoldingsS$0.06464.1%
+S$19.6m		n/aPS1.4x
A31 Addvalue TechnologiesS$0.0935.7%
+S$18.5m		933.3%PE69.9x
5DD Micro-Mechanics (Holdings)S$1.907.3%
+S$18.1m		14.5%PE20x

Latest News

544
S$1.28
CSE Global
7D
-5.9%
1Y
175.3%
AWX
S$2.47
AEM Holdings
7D
21.7%
1Y
72.7%
ITS
S$1.00
Info-Tech Systems
7D
3.1%
1Y
n/a
AWZ
S$3.51
Multi-Chem
7D
2.3%
1Y
9.0%
BXE
S$0.13
CDW Holding
7D
-7.7%
1Y
-5.1%
Y3D
S$0.058
mDR
7D
-9.4%
1Y
56.8%
575
S$0.064
ASTI Holdings
7D
64.1%
1Y
n/a
9MT
S$1.09
MetaOptics
7D
-6.8%
1Y
n/a
558
S$1.38
UMS Integration
7D
1.5%
1Y
67.5%

Be Wary Of UMS Integration (SGX:558) And Its Returns On Capital

Feb 11
Be Wary Of UMS Integration (SGX:558) And Its Returns On Capital
BBW
S$11.20
Azeus Systems Holdings
7D
-5.1%
1Y
-8.9%
V03
S$16.90
Venture
7D
1.7%
1Y
32.2%

Investors Could Be Concerned With Venture's (SGX:V03) Returns On Capital

Feb 02
Investors Could Be Concerned With Venture's (SGX:V03) Returns On Capital
5DD
S$1.90
Micro-Mechanics (Holdings)
7D
7.3%
1Y
14.5%

Micro-Mechanics (Holdings) (SGX:5DD) Is Due To Pay A Dividend Of SGD0.03

Feb 01
Micro-Mechanics (Holdings) (SGX:5DD) Is Due To Pay A Dividend Of SGD0.03
8AZ
S$0.67
Aztech Global
7D
-0.7%
1Y
-11.3%
A31
S$0.093
Addvalue Technologies
7D
5.7%
1Y
933.3%
1Y1
S$0.037
9R
7D
-7.5%
1Y
-38.3%
BCY
S$3.23
Powermatic Data Systems
7D
-3.9%
1Y
15.4%

Powermatic Data Systems (SGX:BCY) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Nov 13
Powermatic Data Systems (SGX:BCY) Is Posting Promising Earnings But The Good News Doesn’t Stop There