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Singaporean (SGX) Tech Sector Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies45
  • 7D2.0%
  • 3M16.5%
  • 1Y36.8%
  • YTD13.6%

The Tech industry is up 3.0% in the last week, with AEM Holdings up 8.0%. Meanwhile, MetaOptics actually underperformed within the industry, shrinking 13% in the last week. This takes the industry's 12 month performance to a gain of 36%. Looking forward, earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Mar 2026S$12.2bS$11.8bS$510.8m16.7x23.9x1x
Sun, 08 Feb 2026S$11.4bS$11.1bS$459.4m19.9x24.8x1x
Tue, 06 Jan 2026S$10.4bS$9.3bS$427.5m18.6x24.2x1.1x
Thu, 04 Dec 2025S$10.0bS$9.3bS$429.1m19x23.3x1.1x
Sat, 01 Nov 2025S$10.1bS$9.3bS$415.7m19.8x24.3x1.1x
Mon, 29 Sep 2025S$9.5bS$9.3bS$418.1m19.9x22.6x1x
Wed, 27 Aug 2025S$9.1bS$9.5bS$421.0m19.7x21.6x1x
Fri, 25 Jul 2025S$8.9bS$9.5bS$394.6m18.7x22.6x0.9x
Sun, 22 Jun 2025S$7.6bS$9.7bS$392.6m18.9x19.4x0.8x
Tue, 20 May 2025S$7.3bS$9.6bS$385.1m17.6x19x0.8x
Thu, 17 Apr 2025S$7.0bS$9.7bS$388.2m15.9x18x0.7x
Sat, 15 Mar 2025S$7.9bS$10.2bS$409.5m14.6x19.4x0.8x
Mon, 10 Feb 2025S$7.9bS$10.3bS$384.3m13.4x20.5x0.8x
Wed, 08 Jan 2025S$8.1bS$10.3bS$382.8m14.4x21x0.8x
Fri, 06 Dec 2024S$9.0bS$10.5bS$414.0m15x21.7x0.9x
Sun, 03 Nov 2024S$9.0bS$10.5bS$404.9m15.5x22.3x0.9x
Tue, 01 Oct 2024S$9.5bS$10.6bS$422.7m16x22.4x0.9x
Thu, 29 Aug 2024S$9.4bS$10.6bS$416.7m15.2x22.5x0.9x
Sat, 27 Jul 2024S$9.7bS$10.7bS$414.6m15.3x23.5x0.9x
Mon, 24 Jun 2024S$9.5bS$10.7bS$414.7m15.2x22.9x0.9x
Wed, 22 May 2024S$9.3bS$10.7bS$436.0m11.4x21.4x0.9x
Fri, 19 Apr 2024S$9.5bS$10.9bS$453.2m11.6x20.9x0.9x
Sun, 17 Mar 2024S$9.4bS$10.8bS$448.7m11.2x20.9x0.9x
Tue, 13 Feb 2024S$9.3bS$11.2bS$479.6m13.6x19.3x0.8x
Thu, 11 Jan 2024S$9.9bS$13.7bS$494.3m14.1x20.1x0.7x
Sat, 09 Dec 2023S$9.7bS$13.7bS$494.2m13.7x19.6x0.7x
Mon, 06 Nov 2023S$9.5bS$14.3bS$614.5m11.8x15.5x0.7x
Wed, 04 Oct 2023S$9.6bS$14.3bS$605.3m12.2x15.8x0.7x
Fri, 01 Sep 2023S$9.8bS$14.2bS$613.2m13.9x16x0.7x
Sun, 30 Jul 2023S$10.3bS$14.9bS$686.1m12x15.1x0.7x
Tue, 27 Jun 2023S$10.1bS$15.0bS$686.6m12.2x14.7x0.7x
Thu, 25 May 2023S$10.0bS$15.0bS$692.5m10.4x14.5x0.7x
Sat, 22 Apr 2023S$10.9bS$15.2bS$739.2m10.5x14.8x0.7x
Mon, 20 Mar 2023S$10.8bS$15.2bS$741.9m10.5x14.5x0.7x
Price to Earnings Ratio

14.5x


Total Market Cap: S$10.8bTotal Earnings: S$741.9mTotal 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 24.3x which is higher than its 3-year average PE of 20.1x.
  • The 3-year average PS ratio of 0.84x 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 12% 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 Market0.28%
Tech1.95%
Semiconductors4.91%
Tech Hardware4.57%
IT2.96%
Electronic Equipment and Components0.82%
Software0%0
Communications-1.15%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 27.5x.
    • Analysts are expecting annual earnings growth of 26.8%, which is higher than its past year's earnings growth of 12.5% 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$3.378.0%
+S$78.7m		149.6%PE62.5x
V03 VentureS$15.640.9%
+S$39.8m		25.3%PE19.8x
8AZ Aztech GlobalS$0.816.6%
+S$38.6m		5.9%PE15.6x
544 CSE GlobalS$1.314.0%
+S$36.2m		187.9%PE25.3x
PCT PC Partner GroupS$1.305.7%
+S$27.2m		-32.3%PE6.3x

Latest News

41F
S$0.009
GSS Energy
7D
-18.2%
1Y
-25.0%
TKU
S$0.25
Toku
7D
13.6%
1Y
n/a
558
S$1.53
UMS Integration
7D
2.0%
1Y
72.3%
N01
S$0.18
Nera Telecommunications
7D
-5.4%
1Y
100.0%
ITS
S$1.04
Info-Tech Systems
7D
-4.6%
1Y
n/a
V03
S$15.64
Venture
7D
0.9%
1Y
25.3%
544
S$1.31
CSE Global
7D
4.0%
1Y
187.9%
8AZ
S$0.81
Aztech Global
7D
6.6%
1Y
5.9%
1Y1
S$0.036
9R
7D
-5.3%
1Y
-33.3%
AWX
S$3.37
AEM Holdings
7D
8.0%
1Y
149.6%
AWZ
S$3.42
Multi-Chem
7D
-0.6%
1Y
7.5%
575
S$0.095
ASTI Holdings
7D
55.7%
1Y
n/a
9MT
S$0.77
MetaOptics
7D
-13.5%
1Y
n/a
PCT
S$1.30
PC Partner Group
7D
5.7%
1Y
-32.3%
BN2
S$0.83
Valuetronics Holdings
7D
-1.8%
1Y
24.8%
BCY
S$3.20
Powermatic Data Systems
7D
-2.4%
1Y
18.5%

Powermatic Data Systems (SGX:BCY) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Nov 13
Powermatic Data Systems (SGX:BCY) Is Posting Promising Earnings But The Good News Doesn’t Stop There