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Singaporean (SGX) Electronic Manufacturing Services Industry Analysis
UpdatedDec 19, 2025
DataAggregated Company Financials
Companies4
- 7D-1.0%
- 3M4.3%
- 1Y12.6%
- YTDn/a
Over the last 7 days, the Electronic Manufacturing Services industry has dropped 2.2%, driven by Venture declining 2.2%. Over the past 12 months, the industry was up 12%. As for the next few years, earnings are expected to grow by 5.5% per annum.
Industry Valuation and Performance
Has the Singaporean Electronic Manufacturing Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Dec 2025 | S$5.1b | S$3.3b | S$297.0m | 13.2x | 17.2x | 1.5x |
| Sun, 16 Nov 2025 | S$5.1b | S$3.3b | S$297.2m | 13.4x | 17.1x | 1.5x |
| Tue, 14 Oct 2025 | S$5.0b | S$3.3b | S$299.7m | 13.1x | 16.8x | 1.5x |
| Thu, 11 Sep 2025 | S$4.8b | S$3.3b | S$299.4m | 13x | 16x | 1.4x |
| Sat, 09 Aug 2025 | S$4.6b | S$3.3b | S$299.2m | 12.8x | 15.4x | 1.4x |
| Mon, 07 Jul 2025 | S$4.1b | S$3.6b | S$325.4m | 10.9x | 12.6x | 1.2x |
| Wed, 04 Jun 2025 | S$3.9b | S$3.6b | S$325.7m | 10.1x | 11.9x | 1.1x |
| Fri, 02 May 2025 | S$4.0b | S$3.6b | S$326.1m | 9.1x | 12.3x | 1.1x |
| Sun, 30 Mar 2025 | S$4.5b | S$3.6b | S$341.1m | 9.8x | 13x | 1.2x |
| Tue, 25 Feb 2025 | S$4.6b | S$3.8b | S$356.7m | 9.4x | 12.8x | 1.2x |
| Thu, 23 Jan 2025 | S$4.5b | S$3.9b | S$365.6m | 8.8x | 12.3x | 1.2x |
| Sat, 21 Dec 2024 | S$4.5b | S$3.9b | S$365.8m | 8.6x | 12.3x | 1.2x |
| Mon, 18 Nov 2024 | S$4.5b | S$3.9b | S$365.4m | 9.1x | 12.3x | 1.2x |
| Wed, 16 Oct 2024 | S$5.1b | S$4.0b | S$380.4m | 9.8x | 13.3x | 1.3x |
| Fri, 13 Sep 2024 | S$5.0b | S$4.0b | S$380.2m | 9.3x | 13.1x | 1.3x |
| Sun, 11 Aug 2024 | S$5.0b | S$4.0b | S$380.6m | 9x | 13.1x | 1.3x |
| Tue, 09 Jul 2024 | S$5.3b | S$4.2b | S$396.7m | 9.6x | 13.4x | 1.3x |
| Thu, 06 Jun 2024 | S$5.1b | S$4.2b | S$396.6m | 9.6x | 12.7x | 1.2x |
| Sat, 04 May 2024 | S$5.2b | S$4.2b | S$394.6m | 9.4x | 13.1x | 1.2x |
| Mon, 01 Apr 2024 | S$5.2b | S$4.2b | S$392.0m | 9.3x | 13.2x | 1.2x |
| Wed, 28 Feb 2024 | S$5.1b | S$4.3b | S$392.7m | 9.6x | 12.9x | 1.2x |
| Fri, 26 Jan 2024 | S$4.9b | S$4.5b | S$401.2m | 10.2x | 12.3x | 1.1x |
| Sun, 24 Dec 2023 | S$4.8b | S$4.5b | S$400.9m | 9.9x | 12.1x | 1.1x |
| Tue, 21 Nov 2023 | S$4.7b | S$4.5b | S$401.2m | 9.3x | 11.7x | 1x |
| Thu, 19 Oct 2023 | S$4.3b | S$4.9b | S$431.6m | 9.9x | 10x | 0.9x |
| Sat, 16 Sep 2023 | S$4.7b | S$4.9b | S$421.4m | 10.2x | 11.1x | 1x |
| Mon, 14 Aug 2023 | S$4.9b | S$4.9b | S$421.3m | 10.2x | 11.6x | 1x |
| Wed, 12 Jul 2023 | S$5.1b | S$5.0b | S$444.8m | 10.7x | 11.4x | 1x |
| Fri, 09 Jun 2023 | S$5.1b | S$5.0b | S$444.8m | 10.7x | 11.4x | 1x |
| Sun, 07 May 2023 | S$5.8b | S$5.0b | S$454.0m | 10.9x | 12.8x | 1.1x |
| Tue, 04 Apr 2023 | S$6.1b | S$5.0b | S$454.0m | 11.2x | 13.3x | 1.2x |
| Thu, 02 Mar 2023 | S$6.1b | S$5.1b | S$458.5m | 12.4x | 13.3x | 1.2x |
| Sat, 28 Jan 2023 | S$6.5b | S$4.9b | S$476.5m | 13.2x | 13.6x | 1.3x |
| Mon, 26 Dec 2022 | S$6.0b | S$5.0b | S$477.2m | 12.1x | 12.5x | 1.2x |
Price to Earnings Ratio
12.5x
Current Industry PE
- Investors are optimistic on the Singaporean Electronic Manufacturing Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.2x which is higher than its 3-year average PE of 13.0x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Electronic Manufacturing Services industry have declined 15% per year over the last three years,
- Revenues have also declined 13% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does Singaporean Electronic Manufacturing Services compare with similar industries?
| SG Market | 0.80% | |
| Tech | -0.38% | |
| Electronic Equipment and Components | -0.51% | |
| Electronic Manufacturing Services | -1.01% | |
| Electronic Components | 6.39% | |
| Technology Distributors | 0.11% | |
| Electronic Equipment and Instruments | -2.72% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 8AZ Aztech Global | S$0.64 | 1.6% +S$7.7m | -8.0% | PE13.2x | |
| M11 Manufacturing Integration Technology | S$0.04 | 8.1% +S$723.3k | 185.7% | PS1.1x |