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Singaporean (SGX) Tech Sector Analysis

UpdatedFeb 10, 2026
DataAggregated Company Financials
Companies46
  • 7D2.6%
  • 3M11.9%
  • 1Y35.5%
  • YTD9.0%

Over the last 7 days, the Tech industry has dropped 1.9%, driven by a pullback from Toku of 14%. Over the past 12 months, the industry was up 36%. As for the next few years, earnings are expected to grow by 11% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Feb 2026S$11.7bS$11.1bS$459.2m20.2x25.5x1.1x
Thu, 08 Jan 2026S$10.4bS$9.3bS$427.3m18.8x24.4x1.1x
Sat, 06 Dec 2025S$10.0bS$9.3bS$427.9m18.9x23.3x1.1x
Mon, 03 Nov 2025S$10.1bS$9.3bS$415.8m19.8x24.3x1.1x
Wed, 01 Oct 2025S$9.6bS$9.3bS$418.1m19.8x22.8x1x
Fri, 29 Aug 2025S$9.2bS$9.5bS$426.3m20.3x21.5x1x
Sun, 27 Jul 2025S$9.0bS$9.5bS$394.6m18.7x22.9x1x
Tue, 24 Jun 2025S$7.6bS$9.7bS$392.8m18.9x19.4x0.8x
Thu, 22 May 2025S$7.3bS$9.6bS$386.1m18x18.9x0.8x
Sat, 19 Apr 2025S$7.0bS$9.7bS$387.9m16.1x17.9x0.7x
Mon, 17 Mar 2025S$7.9bS$10.2bS$409.5m14.6x19.4x0.8x
Wed, 12 Feb 2025S$8.0bS$10.3bS$381.9m13.6x20.9x0.8x
Fri, 10 Jan 2025S$8.0bS$10.3bS$382.8m14.1x20.9x0.8x
Sun, 08 Dec 2024S$9.0bS$10.5bS$414.2m15x21.6x0.9x
Tue, 05 Nov 2024S$9.0bS$10.5bS$404.7m15.5x22.3x0.9x
Thu, 03 Oct 2024S$9.5bS$10.6bS$422.5m15.9x22.4x0.9x
Sat, 31 Aug 2024S$9.4bS$10.6bS$423.6m15.6x22.2x0.9x
Mon, 29 Jul 2024S$9.7bS$10.7bS$414.6m15.3x23.5x0.9x
Wed, 26 Jun 2024S$9.5bS$10.7bS$414.7m15.3x22.9x0.9x
Fri, 24 May 2024S$9.4bS$10.7bS$435.9m11.3x21.5x0.9x
Sun, 21 Apr 2024S$9.4bS$10.9bS$453.3m11.5x20.8x0.9x
Tue, 19 Mar 2024S$9.3bS$10.8bS$448.5m11x20.8x0.9x
Thu, 15 Feb 2024S$9.3bS$11.2bS$479.5m13.5x19.4x0.8x
Sat, 13 Jan 2024S$10.0bS$13.7bS$494.3m14.2x20.1x0.7x
Mon, 11 Dec 2023S$9.7bS$13.7bS$494.2m13.7x19.6x0.7x
Wed, 08 Nov 2023S$9.7bS$14.3bS$615.2m12.3x15.7x0.7x
Fri, 06 Oct 2023S$9.6bS$14.2bS$605.0m11.9x15.8x0.7x
Sun, 03 Sep 2023S$9.8bS$14.2bS$613.2m13.9x16x0.7x
Tue, 01 Aug 2023S$10.3bS$14.9bS$686.6m12.1x15x0.7x
Thu, 29 Jun 2023S$10.1bS$15.0bS$686.5m12.1x14.6x0.7x
Sat, 27 May 2023S$10.2bS$15.1bS$690.6m10.7x14.7x0.7x
Mon, 24 Apr 2023S$10.9bS$15.2bS$739.2m10.5x14.8x0.7x
Wed, 22 Mar 2023S$10.6bS$15.2bS$741.9m10.5x14.2x0.7x
Fri, 17 Feb 2023S$11.7bS$15.2bS$852.5m10.6x13.7x0.8x
Price to Earnings Ratio

13.7x


Total Market Cap: S$11.7bTotal Earnings: S$852.5mTotal Revenue: S$15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Tech Sector Price to Earnings3Y Average 19.8x202420252026
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 25.5x which is higher than its 3-year average PE of 19.8x.
  • 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 19% per year over the last three years,
  • Revenues have also declined 9.9% 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 Market1.62%
Tech2.63%
Tech Hardware5.38%
IT5.01%
Electronic Equipment and Components3.10%
Communications2.32%
Software0%0
Semiconductors-0.34%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 26.1x.
    • Analysts are expecting annual earnings growth of 27.7%, which is higher than its past year's earnings growth of 12.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 12% 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
V03 VentureS$16.722.8%
+S$132.4m
29.1%PE20.5x
544 CSE GlobalS$1.2410.7%
+S$86.9m
175.6%PE32.5x
PCT PC Partner GroupS$1.476.5%
+S$34.9m
41.3%PE11.1x
9MT MetaOpticsS$1.138.7%
+S$21.8m
n/aPS2075.8x
8AZ Aztech GlobalS$0.683.8%
+S$19.3m
-0.7%PE14.2x

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