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Singaporean (SGX) Tech Sector Analysis

UpdatedJul 22, 2026
DataAggregated Company Financials
Companies45
  • 7D0.2%
  • 3M14.2%
  • 1Y72.5%
  • YTD51.1%

Over the last 7 days, the Tech industry has dropped 2.1%, driven by pullbacks in AEM Holdings and Venture of 2.4% and 1.3%, respectively. Meanwhile, CSE Global actually outperformed within the industry, gaining 9.2% in the last week. Over the past 12 months, the industry was up 68%. 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
Wed, 22 Jul 2026S$16.4bS$11.9bS$549.4m17.3x29.9x1.4x
Fri, 19 Jun 2026S$17.6bS$11.9bS$550.8m19.3x32x1.5x
Sun, 17 May 2026S$17.2bS$11.8bS$539.5m20.8x31.9x1.5x
Tue, 14 Apr 2026S$13.3bS$11.8bS$534.6m17.1x24.8x1.1x
Thu, 12 Mar 2026S$12.2bS$11.8bS$502.8m16.9x24.3x1x
Sat, 07 Feb 2026S$11.4bS$11.1bS$459.8m19.9x24.8x1x
Mon, 05 Jan 2026S$10.3bS$9.3bS$427.5m18.5x24.1x1.1x
Wed, 03 Dec 2025S$9.9bS$9.3bS$429.3m19x23.1x1.1x
Fri, 31 Oct 2025S$10.1bS$9.3bS$415.7m19.8x24.3x1.1x
Sun, 28 Sep 2025S$9.5bS$9.3bS$418.1m19.9x22.6x1x
Tue, 26 Aug 2025S$9.1bS$9.5bS$420.8m19.6x21.7x1x
Thu, 24 Jul 2025S$9.0bS$9.5bS$394.6m19.1x22.7x0.9x
Sat, 21 Jun 2025S$7.6bS$9.7bS$392.6m18.9x19.4x0.8x
Mon, 19 May 2025S$7.4bS$9.6bS$385.2m18.1x19.1x0.8x
Wed, 16 Apr 2025S$7.1bS$9.8bS$402.5m16x17.5x0.7x
Fri, 14 Mar 2025S$7.9bS$10.2bS$409.5m14.7x19.4x0.8x
Sun, 09 Feb 2025S$7.9bS$10.3bS$384.3m13.4x20.5x0.8x
Tue, 07 Jan 2025S$8.1bS$10.3bS$382.8m14.4x21x0.8x
Thu, 05 Dec 2024S$8.9bS$10.5bS$414.0m14.9x21.6x0.9x
Sat, 02 Nov 2024S$9.0bS$10.5bS$404.9m15.5x22.3x0.9x
Mon, 30 Sep 2024S$9.5bS$10.6bS$422.7m16.1x22.4x0.9x
Wed, 28 Aug 2024S$9.4bS$10.6bS$427.6m13.7x22x0.9x
Fri, 26 Jul 2024S$9.8bS$10.7bS$414.6m14.9x23.5x0.9x
Sun, 23 Jun 2024S$9.5bS$10.7bS$414.7m15.2x22.9x0.9x
Tue, 21 May 2024S$9.3bS$10.7bS$436.1m11.4x21.3x0.9x
Thu, 18 Apr 2024S$9.4bS$10.9bS$451.6m11.5x20.8x0.9x
Sat, 16 Mar 2024S$9.4bS$10.8bS$448.6m11.2x20.9x0.9x
Mon, 12 Feb 2024S$9.3bS$11.2bS$479.7m13.6x19.3x0.8x
Wed, 10 Jan 2024S$9.9bS$13.7bS$494.3m14.1x20.1x0.7x
Fri, 08 Dec 2023S$9.6bS$13.7bS$494.2m13.4x19.4x0.7x
Sun, 05 Nov 2023S$9.5bS$14.3bS$614.5m11.8x15.5x0.7x
Tue, 03 Oct 2023S$9.6bS$14.3bS$605.2m12.1x15.8x0.7x
Thu, 31 Aug 2023S$9.7bS$14.2bS$613.3m13.9x15.9x0.7x
Sat, 29 Jul 2023S$10.3bS$14.9bS$686.1m12x15.1x0.7x
Price to Earnings Ratio

15.1x


Total Market Cap: S$10.3bTotal Earnings: S$686.1mTotal Revenue: S$14.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Tech Sector Price to Earnings3Y Average 21.8x202420252026
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 29.1x which is higher than its 3-year average PE of 21.8x.
  • The 3-year average PS ratio of 0.91x is lower than the industry's current PS ratio of 1.3x.
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 Market1.02%
Tech0.16%
Communications7.28%
IT6.17%
Tech Hardware2.32%
Software0%0
Electronic Equipment and Components-1.03%
Semiconductors-1.28%
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 2.6x.
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 Electronic Equipment and Components industry is expected to see its earnings grow by 9.3% 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
544 CSE GlobalS$1.252.5%
+S$21.9m		92.3%PE24.3x
A31 Addvalue TechnologiesS$0.152.1%
+S$11.1m		711.1%PE86.2x
ITS Info-Tech SystemsS$0.982.6%
+S$6.5m		12.6%PE16.8x
AWZ Multi-ChemS$3.721.6%
+S$5.4m		13.1%PE12.7x
5AB Trek 2000 InternationalS$0.246.5%
+S$4.5m		114.9%PE12.5x

Latest News

AWX
S$9.03
AEM Holdings
7D
-8.3%
1Y
431.2%
PCT
S$2.68
PC Partner Group
7D
-4.3%
1Y
104.6%
A31
S$0.15
Addvalue Technologies
7D
2.1%
1Y
711.1%
Analysis Article • Jul 17

Results: Addvalue Technologies Ltd Beat Earnings Expectations And Analysts Now Have New Forecasts

Addvalue Technologies Ltd ( SGX:A31 ) just released its latest annual results and things are looking bullish. Statutory...
ITS
S$0.98
Info-Tech Systems
7D
2.6%
1Y
12.6%
N01
S$0.18
Nera Telecommunications
7D
-3.6%
1Y
96.8%
AWZ
S$3.72
Multi-Chem
7D
1.6%
1Y
13.1%
C76
S$0.80
Creative Technology
7D
4.6%
1Y
-4.2%
8AZ
S$0.86
Aztech Global
7D
-1.7%
1Y
33.1%
V03
S$16.51
Venture
7D
-1.3%
1Y
32.0%
558
S$2.53
UMS Integration
7D
-5.6%
1Y
110.8%
S71
S$0.55
Sunright
7D
-7.6%
1Y
147.7%
544
S$1.25
CSE Global
7D
2.5%
1Y
92.3%
5DD
S$2.74
Micro-Mechanics (Holdings)
7D
-4.2%
1Y
50.5%
5AB
S$0.24
Trek 2000 International
7D
6.5%
1Y
114.9%
T41
S$0.24
TeleChoice International
7D
2.1%
1Y
35.6%
K29
S$0.26
Karin Technology Holdings
7D
6.1%
1Y
-5.5%