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Singaporean (SGX) Tech Sector Analysis
UpdatedJan 21, 2025
DataAggregated Company Financials
Companies43
- 7D0.6%
- 3M-7.1%
- 1Y-10.7%
- YTD-1.2%
The Tech industry has stayed flat over the last week. As for the longer term, the industry has declined 10% in the last year. Looking forward, earnings are forecast to grow by 13% annually.
Sector Valuation and Performance
Has the Singaporean Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 21 Jan 2025 | S$7.9b | S$10.3b | S$382.8m | 14.2x | 20.6x | 0.8x |
| Thu, 19 Dec 2024 | S$8.8b | S$10.5b | S$414.1m | 14.9x | 21.3x | 0.8x |
| Sat, 16 Nov 2024 | S$8.8b | S$10.5b | S$388.8m | 14.6x | 22.7x | 0.8x |
| Mon, 14 Oct 2024 | S$9.4b | S$10.6b | S$422.0m | 15.6x | 22.3x | 0.9x |
| Wed, 11 Sep 2024 | S$9.2b | S$10.6b | S$418.9m | 17.3x | 22x | 0.9x |
| Fri, 09 Aug 2024 | S$9.2b | S$10.6b | S$418.0m | 12.4x | 22x | 0.9x |
| Sun, 07 Jul 2024 | S$9.6b | S$10.7b | S$414.2m | 15.2x | 23.1x | 0.9x |
| Tue, 04 Jun 2024 | S$9.4b | S$10.7b | S$434.3m | 13.7x | 21.8x | 0.9x |
| Thu, 02 May 2024 | S$9.6b | S$10.8b | S$456.0m | 11.6x | 21.1x | 0.9x |
| Sat, 30 Mar 2024 | S$9.4b | S$10.9b | S$448.7m | 11.6x | 21x | 0.9x |
| Mon, 26 Feb 2024 | S$9.5b | S$10.9b | S$476.6m | 14.1x | 19.9x | 0.9x |
| Wed, 24 Jan 2024 | S$9.7b | S$13.7b | S$493.6m | 14.1x | 19.7x | 0.7x |
| Fri, 22 Dec 2023 | S$9.7b | S$13.7b | S$494.2m | 13.8x | 19.7x | 0.7x |
| Sun, 19 Nov 2023 | S$9.6b | S$13.8b | S$515.6m | 13.9x | 18.6x | 0.7x |
| Tue, 17 Oct 2023 | S$9.6b | S$14.2b | S$605.0m | 11.9x | 15.9x | 0.7x |
| Thu, 14 Sep 2023 | S$9.6b | S$14.2b | S$607.4m | 13.4x | 15.9x | 0.7x |
| Sat, 12 Aug 2023 | S$9.8b | S$14.7b | S$664.0m | 12.7x | 14.8x | 0.7x |
| Mon, 10 Jul 2023 | S$10.1b | S$15.0b | S$686.4m | 11.7x | 14.6x | 0.7x |
| Wed, 07 Jun 2023 | S$10.0b | S$15.0b | S$687.2m | 11.9x | 14.5x | 0.7x |
| Fri, 05 May 2023 | S$11.0b | S$15.2b | S$736.2m | 10.6x | 14.9x | 0.7x |
| Sun, 02 Apr 2023 | S$11.0b | S$15.2b | S$742.4m | 10.4x | 14.8x | 0.7x |
| Tue, 28 Feb 2023 | S$11.2b | S$15.3b | S$764.1m | 11x | 14.7x | 0.7x |
| Thu, 26 Jan 2023 | S$11.8b | S$15.2b | S$874.4m | 11.7x | 13.5x | 0.8x |
| Sat, 24 Dec 2022 | S$11.4b | S$15.4b | S$877.0m | 10.8x | 13x | 0.7x |
| Mon, 21 Nov 2022 | S$11.5b | S$15.5b | S$878.5m | 10.8x | 13.1x | 0.7x |
| Wed, 19 Oct 2022 | S$10.6b | S$15.1b | S$828.7m | 10.7x | 12.8x | 0.7x |
| Fri, 16 Sep 2022 | S$12.1b | S$15.1b | S$828.3m | 13x | 14.6x | 0.8x |
| Sun, 14 Aug 2022 | S$12.5b | S$14.7b | S$818.8m | 13.1x | 15.3x | 0.8x |
| Tue, 12 Jul 2022 | S$11.8b | S$14.4b | S$781.6m | 11.7x | 15.2x | 0.8x |
| Thu, 09 Jun 2022 | S$12.2b | S$14.3b | S$769.4m | 12.2x | 15.9x | 0.9x |
| Sat, 07 May 2022 | S$12.5b | S$14.1b | S$750.2m | 14x | 16.7x | 0.9x |
| Mon, 04 Apr 2022 | S$12.4b | S$13.8b | S$733.1m | 13.6x | 16.9x | 0.9x |
| Wed, 02 Mar 2022 | S$12.1b | S$13.8b | S$786.0m | 13.8x | 15.4x | 0.9x |
| Fri, 28 Jan 2022 | S$12.1b | S$12.9b | S$725.8m | 12.9x | 16.7x | 0.9x |
Price to Earnings Ratio
16.7x
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 20.6x which is higher than its 3-year average PE of 17.5x.
- The industry is trading close to its 3-year average PS ratio of 0.79x.
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 7.3% 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 | 0.67% | |
| Tech | 0.55% | |
| Semiconductors | 1.65% | |
| Communications | 0.71% | |
| Electronic Equipment and Components | 0.28% | |
| Tech Hardware | 0.23% | |
| IT | 0.16% | |
| Software | 0% | 0 |
Industry PE
- Investors are most optimistic about the Tech Hardware industry which is trading above its 3-year average PE ratio of 13.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 43% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 5.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 558 UMS Integration | S$1.03 | 2.0% +S$14.2m | -23.1% | PE16.2x | |
| V03 Venture | S$12.71 | 0.4% +S$13.8m | -8.0% | PE14.5x | |
| 544 CSE Global | S$0.43 | 2.4% +S$7.1m | 4.8% | PE11.6x | |
| 5DD Micro-Mechanics (Holdings) | S$1.67 | 1.8% +S$4.2m | -15.2% | PE27.6x | |
| 8AZ Aztech Global | S$0.69 | 0.7% +S$3.9m | -20.8% | PE6.1x |
