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Singaporean (SGX) Tech Sector Analysis

UpdatedMar 08, 2026
DataAggregated Company Financials
Companies46
  • 7D-0.6%
  • 3M16.4%
  • 1Y36.8%
  • YTD12.8%

Over the last 7 days, the Tech industry has remained flat, although notably AEM Holdings gained 12%. As for the the longer term, the industry is up 37% over the past 12 months. 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, 08 Mar 2026S$12.1bS$11.8bS$502.0m14.9x24.1x1x
Tue, 03 Feb 2026S$11.4bS$11.1bS$459.6m19.6x24.8x1x
Thu, 01 Jan 2026S$10.2bS$9.3bS$427.5m18.6x23.9x1.1x
Sat, 29 Nov 2025S$9.9bS$9.3bS$429.3m19x23.1x1.1x
Mon, 27 Oct 2025S$10.0bS$9.3bS$415.6m20x24x1.1x
Wed, 24 Sep 2025S$9.7bS$9.3bS$425.2m20.4x22.8x1x
Fri, 22 Aug 2025S$9.0bS$9.5bS$417.9m18.7x21.6x1x
Sun, 20 Jul 2025S$8.8bS$9.6bS$410.9m18.6x21.3x0.9x
Tue, 17 Jun 2025S$7.7bS$9.7bS$392.5m18.2x19.6x0.8x
Thu, 15 May 2025S$7.4bS$9.7bS$390.4m16.3x18.9x0.8x
Sat, 12 Apr 2025S$6.9bS$9.8bS$402.4m14.9x17.2x0.7x
Mon, 10 Mar 2025S$8.0bS$10.2bS$409.5m14.7x19.5x0.8x
Wed, 05 Feb 2025S$7.8bS$10.3bS$384.4m13.4x20.2x0.8x
Fri, 03 Jan 2025S$8.9bS$10.5bS$414.3m15x21.5x0.8x
Sun, 01 Dec 2024S$8.8bS$10.5bS$413.9m14.7x21.3x0.8x
Tue, 29 Oct 2024S$9.3bS$10.6bS$421.7m15.4x22.1x0.9x
Thu, 26 Sep 2024S$9.3bS$10.6bS$415.9m17.4x22.3x0.9x
Sat, 24 Aug 2024S$9.3bS$10.6bS$447.9m12.3x20.7x0.9x
Mon, 22 Jul 2024S$9.8bS$10.7bS$414.4m15.9x23.6x0.9x
Wed, 19 Jun 2024S$9.4bS$10.7bS$425.8m15x22.1x0.9x
Fri, 17 May 2024S$9.2bS$10.8bS$449.3m11.3x20.5x0.9x
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
Price to Earnings Ratio

13.9x


Total Market Cap: S$10.6bTotal Earnings: S$761.6mTotal 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 23.8x 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 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-7.53%
Industry PE
  • Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 27.2x.
    • Analysts are expecting annual earnings growth of 26.6%, 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$3.2512.1%
+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

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