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Singaporean (SGX) IT Industry Analysis

UpdatedFeb 03, 2023
DataAggregated Company Financials
Companies6
  • 7D2.3%
  • 3M8.8%
  • 1Y-13.5%
  • YTD7.0%

The IT industry is up 5.6% in the last week, with CSE Global up 6.8%. During this same period, the Plato Capital underperformed, falling 7.3%. In contrast, the industry has lost 14% in the last 12 months. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

Has the Singaporean IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Feb 2023S$547.0mS$602.2mS$16.6m25.7x32.9x0.9x
Sun, 01 Jan 2023S$510.6mS$603.4mS$16.9m22.1x30.3x0.8x
Tue, 29 Nov 2022S$468.8mS$604.5mS$17.1m18.1x27.4x0.8x
Thu, 27 Oct 2022S$467.2mS$601.7mS$16.8m18.9x27.8x0.8x
Sat, 24 Sep 2022S$516.7mS$601.8mS$16.8m24.1x30.7x0.9x
Mon, 22 Aug 2022S$537.0mS$602.4mS$15.1m24.4x35.6x0.9x
Wed, 20 Jul 2022S$534.2mS$560.6m-S$10,761,170.0019.9x-49.6x1x
Fri, 17 Jun 2022S$565.2mS$560.4m-S$10,795,639.0021.1x-52.4x1x
Sun, 15 May 2022S$583.2mS$556.2m-S$14,210,259.0030.4x-41x1x
Tue, 12 Apr 2022S$530.0mS$555.7m-S$13,860,292.0025.5x-38.2x1x
Thu, 10 Mar 2022S$527.9mS$555.9m-S$13,844,731.0025.1x-38.1x0.9x
Sat, 05 Feb 2022S$592.0mS$548.9mS$22.9m26.5x25.8x1.1x
Mon, 03 Jan 2022S$612.4mS$549.0mS$22.9m27.3x26.7x1.1x
Wed, 01 Dec 2021S$644.9mS$549.6mS$23.0m29.1x28x1.2x
Fri, 29 Oct 2021S$667.2mS$546.5mS$21.4m35.2x31.2x1.2x
Sun, 26 Sep 2021S$530.4mS$547.7mS$21.4m20x24.7x1x
Tue, 24 Aug 2021S$440.7mS$547.6mS$21.4m19.2x20.6x0.8x
Wed, 30 Jun 2021S$429.5mS$547.6mS$21.4m13.5x20.1x0.8x
Sat, 03 Apr 2021S$402.2mS$557.6mS$21.7m12.2x18.5x0.7x
Tue, 05 Jan 2021S$354.5mS$568.4mS$9.0m11.6x39.2x0.6x
Fri, 09 Oct 2020S$369.9mS$606.5mS$11.7m12.9x31.5x0.6x
Thu, 02 Jul 2020S$311.9mS$597.2mS$10.3m22.5x30.2x0.5x
Sun, 05 Apr 2020S$275.7mS$570.9mS$809.9k8.7x340.4x0.5x
Price to Earnings Ratio

46x


Total Market Cap: S$373.1mTotal Earnings: S$8.1mTotal Revenue: S$526.0mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean IT Industry Price to Earnings3Y Average 49.1x202120222023
Current Industry PE
  • Investors are pessimistic on the Singaporean IT 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 32.7x which is lower than its 3-year average PE of 49.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 27% per year over the last three years.
  • Revenues for these companies have grown 4.6% 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 Market0.18%
Tech-0.081%
IT2.33%
IT Consulting2.71%
Internet Services and Infrastructure0%
Data Processing Services-3.23%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 61.7x.
    • Analysts are expecting annual earnings growth of 34.0%, which is higher than its past year's earnings growth of 5.4% per year.
  • Investors are most pessimistic about the Data Processing Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 1.2x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings growth rate of 5.4% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 34% 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
544 CSE GlobalS$0.395.4%
+S$12.3m		-21.2%PE25.3x
Simply Wall Stâ„¢
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
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Latest News

544

S$0.39

CSE Global

7D

5.4%

1Y

-21.2%

TVV

S$0.12

OxPay Financial

7D

-0.8%

1Y

-40.5%

YYN

S$1.85

Plato Capital

7D

-5.1%

1Y

n/a