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Singaporean (SGX) Tech Sector Analysis

UpdatedApr 13, 2024
DataAggregated Company Financials
Companies44
  • 7D2.0%
  • 3M-1.1%
  • 1Y-10.6%
  • YTD-2.2%

In the last week, the Tech industry is up 2.0%, with Silverlake Axis up 14%. In the past year, the industry is down 11%. 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
Sun, 14 Apr 2024S$9.7bS$10.9bS$453.8m11.9x21.3x0.9x
Tue, 12 Mar 2024S$9.4bS$10.8bS$449.7m10.9x20.9x0.9x
Thu, 08 Feb 2024S$9.4bS$11.2bS$468.7m13.7x20x0.8x
Sat, 06 Jan 2024S$9.9bS$13.7bS$494.3m14x20x0.7x
Mon, 04 Dec 2023S$9.6bS$13.7bS$494.1m13.7x19.5x0.7x
Wed, 01 Nov 2023S$9.2bS$14.3bS$614.5m11.8x15x0.6x
Fri, 29 Sep 2023S$9.5bS$14.3bS$604.6m12x15.7x0.7x
Sun, 27 Aug 2023S$9.6bS$14.3bS$596.7m15.2x16.1x0.7x
Tue, 25 Jul 2023S$10.1bS$14.9bS$687.8m11.7x14.7x0.7x
Thu, 22 Jun 2023S$10.2bS$15.0bS$686.6m12.3x14.9x0.7x
Sat, 20 May 2023S$10.1bS$15.0bS$694.7m10.3x14.5x0.7x
Mon, 17 Apr 2023S$11.0bS$15.2bS$739.5m10.8x14.8x0.7x
Wed, 15 Mar 2023S$10.6bS$15.2bS$761.6m10.6x13.9x0.7x
Fri, 10 Feb 2023S$11.8bS$15.2bS$874.0m12x13.5x0.8x
Sun, 08 Jan 2023S$11.4bS$15.3bS$876.0m11.1x13.1x0.7x
Tue, 06 Dec 2022S$11.6bS$15.5bS$881.1m10.7x13.2x0.8x
Thu, 03 Nov 2022S$10.8bS$15.1bS$827.4m10.4x13x0.7x
Sat, 01 Oct 2022S$11.4bS$15.2bS$826.5m12.6x13.8x0.8x
Mon, 29 Aug 2022S$12.7bS$15.0bS$824.5m12.1x15.4x0.8x
Wed, 27 Jul 2022S$12.1bS$14.5bS$783.9m13.7x15.5x0.8x
Fri, 24 Jun 2022S$11.7bS$14.3bS$776.8m12.2x15.1x0.8x
Sun, 22 May 2022S$12.2bS$14.1bS$749.1m12.8x16.3x0.9x
Tue, 19 Apr 2022S$12.3bS$13.8bS$729.0m13.6x16.9x0.9x
Thu, 17 Mar 2022S$11.8bS$13.8bS$734.4m13.4x16.1x0.9x
Sat, 12 Feb 2022S$12.5bS$12.9bS$725.5m14.2x17.2x1x
Mon, 10 Jan 2022S$12.7bS$13.0bS$727.0m13.1x17.5x1x
Wed, 08 Dec 2021S$12.9bS$13.0bS$724.9m13.3x17.8x1x
Fri, 05 Nov 2021S$12.8bS$12.8bS$726.5m15.4x17.6x1x
Sun, 03 Oct 2021S$12.2bS$12.8bS$726.4m14.7x16.7x0.9x
Tue, 31 Aug 2021S$12.6bS$12.8bS$727.6m14.4x17.4x1x
Wed, 07 Jul 2021S$12.3bS$12.8bS$727.6m13.7x16.9x1x
Price to Earnings Ratio

18.5x


Total Market Cap: S$12.8bTotal Earnings: S$690.6mTotal Revenue: S$12.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Tech Sector Price to Earnings3Y Average 16.3x202220232024
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 21.3x which is higher than its 3-year average PE of 16.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.82x.
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 4.2% 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 Market0.051%
Tech1.99%
Software13.95%
Communications4.54%
Tech Hardware2.51%
Electronic Equipment and Components1.37%
Semiconductors0.87%
IT0.26%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio of 16.1x.
    • 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 36% over the next 5 years.
  • This is better than its past earnings decline of 46% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 7.7% 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
5CP Silverlake AxisS$0.2414.0%
+S$75.4m
-26.9%PE13.6x
V03 VentureS$14.531.3%
+S$52.2m
-16.7%PE15.6x
AWX AEM HoldingsS$2.483.8%
+S$27.8m
-25.5%PS1.6x
8AZ Aztech GlobalS$1.012.5%
+S$19.3m
24.7%PE7.8x
532 DISAS$0.002100.0%
+S$10.1m
-33.3%PS2.8x
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Latest News

K29

S$0.30

Karin Technology Holdings

7D

-9.1%

1Y

-3.2%

CYW

S$0.10

TrickleStar

7D

-37.0%

1Y

n/a

V03

S$14.53

Venture

7D

1.3%

1Y

-16.7%

AWX

S$2.48

AEM Holdings

7D

3.8%

1Y

-25.5%

M11

S$0.035

Manufacturing Integration Technology

7D

-5.4%

1Y

2.9%

B69

S$0.14

Broadway Industrial Group

7D

12.1%

1Y

46.3%

8AZ

S$1.01

Aztech Global

7D

2.5%

1Y

24.7%

QS9

S$0.055

Global Invacom Group

7D

-3.5%

1Y

25.0%

C76

S$1.21

Creative Technology

7D

-4.7%

1Y

-14.8%

5DD

S$1.48

Micro-Mechanics (Holdings)

7D

-3.3%

1Y

-24.1%

532

S$0.002

DISA

7D

100.0%

1Y

-33.3%

BCY

S$3.02

Powermatic Data Systems

7D

7.9%

1Y

14.8%