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Singaporean (SGX) Tech Sector Analysis

UpdatedMar 07, 2026
DataAggregated Company Financials
Companies46
  • 7D-0.6%
  • 3M16.4%
  • 1Y36.8%
  • YTD12.8%

Over the last 7 days, the Tech industry has dropped 2.3%, driven by Venture declining 1.4%. Meanwhile, AEM Holdings actually outperformed within the industry, gaining 12% in the last week. In the past year, the industry has gained 35%. As for the next few years, earnings are expected to grow by 14% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Mar 2026S$12.1bS$11.8bS$510.0m14.9x23.8x1x
Mon, 02 Feb 2026S$11.6bS$11.1bS$459.8m20.1x25.3x1x
Wed, 31 Dec 2025S$10.2bS$9.3bS$427.4m18.5x23.9x1.1x
Fri, 28 Nov 2025S$9.9bS$9.3bS$430.4m19.3x22.9x1.1x
Sun, 26 Oct 2025S$10.0bS$9.3bS$415.6m20x24x1.1x
Tue, 23 Sep 2025S$9.7bS$9.3bS$425.3m19.6x22.8x1x
Thu, 21 Aug 2025S$9.0bS$9.5bS$417.8m18.7x21.6x0.9x
Sat, 19 Jul 2025S$8.8bS$9.6bS$410.9m18.6x21.3x0.9x
Mon, 16 Jun 2025S$7.7bS$9.7bS$392.6m17.8x19.6x0.8x
Wed, 14 May 2025S$7.3bS$9.7bS$390.3m16.5x18.7x0.8x
Fri, 11 Apr 2025S$7.0bS$9.8bS$397.4m15.1x17.6x0.7x
Sun, 09 Mar 2025S$8.0bS$10.2bS$378.5m16x21.1x0.8x
Tue, 04 Feb 2025S$7.9bS$10.3bS$384.3m13.6x20.5x0.8x
Thu, 02 Jan 2025S$8.9bS$10.5bS$414.5m15x21.5x0.8x
Sat, 30 Nov 2024S$8.8bS$10.5bS$414.0m14.7x21.3x0.8x
Mon, 28 Oct 2024S$9.3bS$10.6bS$421.9m15.5x22.1x0.9x
Wed, 25 Sep 2024S$9.4bS$10.6bS$415.8m17.4x22.6x0.9x
Fri, 23 Aug 2024S$9.2bS$10.6bS$447.9m12.3x20.6x0.9x
Sun, 21 Jul 2024S$9.8bS$10.7bS$414.4m15.9x23.6x0.9x
Tue, 18 Jun 2024S$9.3bS$10.7bS$425.6m14.9x21.9x0.9x
Thu, 16 May 2024S$9.2bS$10.8bS$449.2m11.3x20.5x0.9x
Sat, 13 Apr 2024S$9.7bS$10.9bS$453.8m11.9x21.3x0.9x
Mon, 11 Mar 2024S$9.5bS$10.8bS$449.7m10.9x21x0.9x
Wed, 07 Feb 2024S$9.3bS$11.2bS$468.7m13.9x19.9x0.8x
Fri, 05 Jan 2024S$9.8bS$13.7bS$494.4m14x19.9x0.7x
Sun, 03 Dec 2023S$9.6bS$13.7bS$512.5m14x18.8x0.7x
Tue, 31 Oct 2023S$9.1bS$14.3bS$614.6m11.8x14.9x0.6x
Thu, 28 Sep 2023S$9.6bS$14.3bS$607.5m13.2x15.8x0.7x
Sat, 26 Aug 2023S$9.6bS$14.4bS$600.2m15.2x16x0.7x
Mon, 24 Jul 2023S$10.2bS$14.9bS$687.9m11.9x14.8x0.7x
Wed, 21 Jun 2023S$10.4bS$15.0bS$686.7m12.7x15.2x0.7x
Fri, 19 May 2023S$10.0bS$15.0bS$694.6m10.3x14.4x0.7x
Sun, 16 Apr 2023S$11.0bS$15.2bS$739.5m10.8x14.8x0.7x
Tue, 14 Mar 2023S$10.7bS$15.2bS$761.4m10.6x14x0.7x
Price to Earnings Ratio

14x


Total Market Cap: S$10.7bTotal Earnings: S$761.4mTotal Revenue: S$15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Tech Sector Price to Earnings3Y Average 20.1x202420252026
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 23.5x 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 1.0x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 13% per year over the last three years,
  • Revenues have also declined 8.1% 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-3.02%
Tech-0.60%
Semiconductors5.84%
Software0%0
IT-0.33%
Tech Hardware-1.37%
Electronic Equipment and Components-2.48%
Communications-7.54%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 27.1x.
    • Analysts are expecting annual earnings growth of 26.7%, which is higher than its past year's earnings growth of 17.6% 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 decline by 5.1% 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$3.2512.1%
+S$110.1m		150.0%PE60.3x
558 UMS IntegrationS$1.535.5%
+S$71.1m		70.8%PE32.6x
8AZ Aztech GlobalS$0.782.6%
+S$15.4m		2.0%PE14.9x
BBW Azeus Systems HoldingsS$11.100.9%
+S$3.0m		-7.8%PE12.2x
1Y1 9RS$0.0382.7%
+S$1.3m		-36.7%PS3.6x

Latest News

TKU
S$0.22
Toku
7D
-15.4%
1Y
n/a
558
S$1.53
UMS Integration
7D
5.5%
1Y
70.8%
N01
S$0.18
Nera Telecommunications
7D
1.7%
1Y
110.6%
ITS
S$1.08
Info-Tech Systems
7D
-3.6%
1Y
n/a
T41
S$0.17
TeleChoice International
7D
-15.6%
1Y
121.8%
V03
S$15.41
Venture
7D
-1.4%
1Y
23.2%
8AZ
S$0.78
Aztech Global
7D
2.6%
1Y
2.0%
1Y1
S$0.038
9R
7D
2.7%
1Y
-36.7%
AWX
S$3.25
AEM Holdings
7D
12.1%
1Y
150.0%
575
S$0.072
ASTI Holdings
7D
1.4%
1Y
n/a
K29
S$0.27
Karin Technology Holdings
7D
1.9%
1Y
3.8%
9MT
S$0.90
MetaOptics
7D
-16.7%
1Y
n/a
BBW
S$11.10
Azeus Systems Holdings
7D
0.9%
1Y
-7.8%
5DD
S$1.89
Micro-Mechanics (Holdings)
7D
-4.5%
1Y
18.1%

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
A31
S$0.081
Addvalue Technologies
7D
-12.0%
1Y
800.0%
BN2
S$0.85
Valuetronics Holdings
7D
-6.6%
1Y
25.9%