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Singaporean (SGX) Tech Sector Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies49
  • 7D0.6%
  • 3M-8.5%
  • 1Y-11.8%
  • YTD-11.1%

The Tech is pretty flat in the last 7 days, but AEM Holdings has stood out, gaining 6.0%. Unfortunately though, the industry is down 12% over the past 12 months. Earnings are forecast to grow by 6.3% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Nov 2022S$11.5bS$15.5bS$879.6m10.6x13.1x0.7x
Fri, 28 Oct 2022S$10.5bS$15.1bS$827.6m10.2x12.7x0.7x
Sun, 25 Sep 2022S$11.8bS$15.2bS$829.1m12.9x14.2x0.8x
Tue, 23 Aug 2022S$12.6bS$15.1bS$834.8m11.7x15.1x0.8x
Thu, 21 Jul 2022S$12.0bS$14.4bS$771.7m13.3x15.5x0.8x
Sat, 18 Jun 2022S$11.8bS$14.3bS$776.2m11.9x15.2x0.8x
Mon, 16 May 2022S$12.1bS$14.1bS$750.8m13.3x16.2x0.9x
Wed, 13 Apr 2022S$12.2bS$13.8bS$730.4m13.7x16.7x0.9x
Fri, 11 Mar 2022S$11.7bS$13.8bS$736.4m13.2x15.9x0.8x
Sun, 06 Feb 2022S$12.2bS$12.9bS$726.7m13x16.8x0.9x
Tue, 04 Jan 2022S$12.9bS$12.9bS$726.5m13.4x17.8x1x
Thu, 02 Dec 2021S$12.9bS$13.0bS$724.9m13x17.8x1x
Sat, 30 Oct 2021S$12.8bS$12.8bS$726.2m15.5x17.6x1x
Mon, 27 Sep 2021S$12.4bS$12.8bS$727.5m15x17x1x
Wed, 25 Aug 2021S$12.4bS$12.8bS$727.6m14.8x17.1x1x
Thu, 01 Jul 2021S$12.3bS$12.8bS$727.6m13.7x16.9x1x
Sun, 04 Apr 2021S$12.3bS$12.4bS$690.6m13x17.8x1x
Wed, 06 Jan 2021S$10.7bS$11.4bS$584.5m13.9x18.3x0.9x
Sat, 10 Oct 2020S$10.6bS$11.5bS$517.2m14.3x20.5x0.9x
Fri, 03 Jul 2020S$9.2bS$11.5bS$467.6m12.8x19.7x0.8x
Mon, 06 Apr 2020S$7.4bS$11.8bS$492.0m10x14.9x0.6x
Thu, 09 Jan 2020S$10.0bS$11.9bS$477.1m12.5x20.9x0.8x
Price to Earnings Ratio

18x


Total Market Cap: S$9.6bTotal Earnings: S$536.2mTotal Revenue: S$12.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Tech Sector Price to Earnings3Y Average 17.8x202020212022
Current Industry PE
  • Investors are pessimistic on the Singaporean Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.1x which is lower than its 3-year average PE of 17.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.88x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 8.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Singaporean Tech sector?

SG Market-0.23%
Tech0.64%
Software7.58%
Semiconductors2.32%
Electronic Equipment and Components-0.46%
IT-0.95%
Communications-2.31%
Tech Hardware-2.67%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 51.3x.
    • Analysts are expecting annual earnings growth of 32.4%, which is higher than its past year's earnings growth of 5.4% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 32% over the next 5 years.
  • This is better than its past earnings growth rate of 5.4% per year.
  • In contrast, the Semiconductors industry is expected to see its earnings grow by 2.5% 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
AWX AEM HoldingsS$3.736.0%
+S$64.8m		-27.6%PE7.5x
5CP Silverlake AxisS$0.361.4%
+S$12.4m		24.1%PE14.4x
T41 TeleChoice InternationalS$0.1125.0%
+S$10.0m		-31.3%PS0.2x
558 UMS HoldingsS$1.250.8%
+S$6.7m		-16.1%PE9.5x
5DD Micro-Mechanics (Holdings)S$2.771.5%
+S$5.6m		-12.6%PE20.2x
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Latest News

BDA

S$0.82

PNE Industries

7D

8.6%

1Y

1.2%

5DD

S$2.77

Micro-Mechanics (Holdings)

7D

1.5%

1Y

-12.6%

AWX

S$3.73

AEM Holdings

7D

6.0%

1Y

-27.6%

Is There Now An Opportunity In AEM Holdings Ltd. (SGX:AWX)?

Nov 25
Is There Now An Opportunity In AEM Holdings Ltd. (SGX:AWX)?

558

S$1.25

UMS Holdings

7D

0.8%

1Y

-16.1%

BN2

S$0.49

Valuetronics Holdings

7D

-2.9%

1Y

-6.6%

BBW

S$7.50

Azeus Systems Holdings

7D

1.4%

1Y

-8.5%

BDR

S$0.48

Willas-Array Electronics (Holdings)

7D

-5.0%

1Y

-35.1%

5CP

S$0.36

Silverlake Axis

7D

1.4%

1Y

24.1%

C33

S$0.20

Chuan Hup Holdings

7D

-4.7%

1Y

-6.8%

BLU

S$0.05

GRP

7D

-27.5%

1Y

-60.9%

8AZ

S$0.82

Aztech Global

7D

-3.0%

1Y

-15.0%

5PF

S$0.13

Jason Marine Group

7D

-31.1%

1Y

n/a

V03

S$17.30

Venture

7D

-0.5%

1Y

-7.1%

T41

S$0.11

TeleChoice International

7D

25.0%

1Y

-31.3%

S69

S$0.076

Serial System

7D

-2.6%

1Y

-34.5%

5AB

S$0.077

Trek 2000 International

7D

14.9%

1Y

-16.3%