The Returns On Capital At mDR (SGX:Y3D) Don't Inspire Confidence
Oct 28
Singaporean (SGX) Electronic Equipment and Components Industry Analysis
UpdatedDec 05, 2022
DataAggregated Company Financials
Companies24
- 7D-0.3%
- 3M-3.3%
- 1Y-6.1%
- YTD-6.4%
In the last week, Electronic Equipment and Components has been flat. As for the longer term, the industry has declined 6.1% in the last year. Looking forward, earnings are forecast to grow by 6.8% annually.
Industry Valuation and Performance
Has the Singaporean Electronic Equipment and Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 05 Dec 2022 | S$7.2b | S$11.8b | S$538.2m | 11.6x | 13.4x | 0.6x |
| Wed, 02 Nov 2022 | S$6.8b | S$11.5b | S$530.6m | 9.4x | 12.9x | 0.6x |
| Fri, 30 Sep 2022 | S$7.0b | S$11.6b | S$527.4m | 11.6x | 13.2x | 0.6x |
| Sun, 28 Aug 2022 | S$7.7b | S$11.5b | S$528.2m | 11.4x | 14.7x | 0.7x |
| Tue, 26 Jul 2022 | S$7.3b | S$11.0b | S$525.2m | 11.5x | 14x | 0.7x |
| Thu, 23 Jun 2022 | S$7.1b | S$11.0b | S$522.2m | 11.2x | 13.6x | 0.6x |
| Sat, 21 May 2022 | S$7.5b | S$11.0b | S$535.6m | 8.6x | 13.9x | 0.7x |
| Mon, 18 Apr 2022 | S$7.4b | S$10.7b | S$514.7m | 9.3x | 14.4x | 0.7x |
| Wed, 16 Mar 2022 | S$7.0b | S$10.7b | S$515.2m | 8.8x | 13.6x | 0.7x |
| Fri, 11 Feb 2022 | S$7.7b | S$10.1b | S$492.7m | 9.3x | 15.6x | 0.8x |
| Sun, 09 Jan 2022 | S$7.6b | S$10.1b | S$494.1m | 9.1x | 15.3x | 0.7x |
| Tue, 07 Dec 2021 | S$7.7b | S$10.2b | S$495.3m | 9.3x | 15.5x | 0.8x |
| Thu, 04 Nov 2021 | S$7.9b | S$10.0b | S$501.5m | 11.2x | 15.8x | 0.8x |
| Sat, 02 Oct 2021 | S$7.4b | S$10.0b | S$501.7m | 10.9x | 14.8x | 0.7x |
| Mon, 30 Aug 2021 | S$8.0b | S$10.0b | S$501.8m | 10.2x | 15.9x | 0.8x |
| Tue, 06 Jul 2021 | S$8.1b | S$10.0b | S$501.8m | 10x | 16.1x | 0.8x |
| Fri, 09 Apr 2021 | S$8.2b | S$9.6b | S$454.5m | 13x | 18x | 0.9x |
| Thu, 31 Dec 2020 | S$7.0b | S$8.6b | S$335.5m | 15.8x | 20.8x | 0.8x |
| Sun, 04 Oct 2020 | S$6.9b | S$8.7b | S$305.5m | 14.4x | 22.5x | 0.8x |
| Wed, 08 Jul 2020 | S$6.0b | S$8.8b | S$290.8m | 13.4x | 20.5x | 0.7x |
| Tue, 31 Mar 2020 | S$4.9b | S$9.1b | S$322.8m | 11.8x | 15.2x | 0.5x |
| Fri, 03 Jan 2020 | S$6.3b | S$9.4b | S$334.8m | 15.3x | 18.7x | 0.7x |
Price to Earnings Ratio
18.7x
Current Industry PE
- Investors are pessimistic on the Singaporean Electronic industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 13.4x which is lower than its 3-year average PE of 17.3x.
- The industry is trading close to its 3-year average PS ratio of 0.72x.
Past Earnings Growth
- The earnings for companies in the Electronic industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 7.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Singaporean Tech industry?
| SG Market | 0.68% | |
| Tech | 0.15% | |
| Electronic Equipment and Components | -0.35% | |
| Technology Distributors | -0.19% | |
| Electronic Manufacturing Services | -0.26% | |
| Electronic Equipment and Instruments | -1.61% | |
| Electronic Components | -6.28% | |
Industry PE
- Investors are most optimistic about the Electronic Equipment and Instruments industry even though it's trading below its 3-year average PE ratio of 111x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Electronic Components industry, which is trading below its 3-year average of 14.3x.
Forecasted Growth
- Analysts are most optimistic on the Electronic Manufacturing Services industry, expecting annual earnings growth of 6.8% over the next 5 years.
- This is better than its past earnings decline of 2.1% per year.
- In contrast, the Electronic Manufacturing Services industry is expected to see its earnings grow by 6.8% 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 | |
|---|---|---|---|---|---|
| S69 Serial System | S$0.088 | 15.8% +S$10.9m | -21.4% | PE10.3x | |
| BN2 Valuetronics Holdings | S$0.51 | 3.0% +S$6.3m | -3.8% | PE10.7x | |
| AWZ Multi-Chem | S$1.72 | 1.8% +S$2.7m | -2.8% | PE6.7x | |
| Y3D mDR | S$0.069 | 4.5% +S$2.6m | -9.2% | PS0.3x | |
| M11 Manufacturing Integration Technology | S$0.056 | 21.7% +S$2.4m | -5.1% | PS1.1x |