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Singaporean (SGX) IT Industry Analysis

UpdatedApr 15, 2024
DataAggregated Company Financials
Companies3
  • 7D0.3%
  • 3M1.1%
  • 1Y10.5%
  • YTD0.4%

Over the last 7 days, the IT industry has risen 1.3%, driven by gains from CSE Global of -1.1%. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Apr 2024S$574.4mS$772.3mS$30.7m18.8x18.7x0.7x
Wed, 13 Mar 2024S$528.2mS$776.8mS$25.3m18.3x20.9x0.7x
Fri, 09 Feb 2024S$524.3mS$697.1mS$14.1m23.1x37.1x0.8x
Sun, 07 Jan 2024S$554.2mS$736.9mS$10.1m24.4x55x0.8x
Tue, 05 Dec 2023S$562.2mS$737.1mS$10.1m24.9x55.6x0.8x
Thu, 02 Nov 2023S$565.8mS$735.4mS$9.1m26.7x62x0.8x
Sat, 30 Sep 2023S$573.9mS$735.2mS$9.1m27.1x63.1x0.8x
Mon, 28 Aug 2023S$585.5mS$734.8mS$9.0m27.7x65x0.8x
Wed, 26 Jul 2023S$575.7mS$649.4mS$5.1m43.8x113.8x0.9x
Fri, 23 Jun 2023S$498.7mS$649.8mS$5.1m37.7x97.3x0.8x
Sun, 21 May 2023S$507.3mS$648.0mS$7.8m29.2x64.6x0.8x
Tue, 18 Apr 2023S$506.0mS$647.5mS$7.7m28.6x65.9x0.8x
Thu, 16 Mar 2023S$518.1mS$657.9mS$7.5m28.7x69.1x0.8x
Sat, 11 Feb 2023S$547.5mS$602.8mS$16.7m25.3x32.7x0.9x
Mon, 09 Jan 2023S$506.1mS$603.2mS$16.8m21.8x30.1x0.8x
Wed, 07 Dec 2022S$472.1mS$604.1mS$17.0m18.1x27.7x0.8x
Fri, 04 Nov 2022S$461.1mS$601.7mS$16.8m19.2x27.4x0.8x
Sun, 02 Oct 2022S$494.7mS$602.2mS$16.9m22.7x29.2x0.8x
Tue, 30 Aug 2022S$538.2mS$602.4mS$15.1m24.4x35.6x0.9x
Thu, 28 Jul 2022S$522.3mS$560.3m-S$10,809,664.0019.2x-48.3x0.9x
Sat, 25 Jun 2022S$552.0mS$560.3m-S$10,809,138.0020.5x-51.1x1x
Mon, 23 May 2022S$582.4mS$555.9m-S$14,244,206.0030.6x-40.9x1x
Wed, 20 Apr 2022S$546.1mS$555.4m-S$14,289,329.0025.7x-38.2x1x
Fri, 18 Mar 2022S$530.0mS$555.7m-S$13,860,271.0025.1x-38.2x1x
Sun, 13 Feb 2022S$564.1mS$548.4mS$23.1m22.9x24.4x1x
Tue, 11 Jan 2022S$622.7mS$549.2mS$23.0m28.3x27.1x1.1x
Thu, 09 Dec 2021S$638.1mS$549.5mS$23.0m28.8x27.8x1.2x
Sat, 06 Nov 2021S$649.1mS$546.7mS$21.4m33.7x30.3x1.2x
Mon, 04 Oct 2021S$579.0mS$547.8mS$21.4m25.1x27x1.1x
Wed, 01 Sep 2021S$438.8mS$547.6mS$21.4m19x20.5x0.8x
Thu, 08 Jul 2021S$429.5mS$547.6mS$21.4m13.5x20.1x0.8x
Price to Earnings Ratio

20.3x


Total Market Cap: S$440.6mTotal Earnings: S$21.7mTotal Revenue: S$557.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean IT Industry Price to Earnings3Y Average 30x202220232024
Current Industry PE
    There are only 3 companies in the Singaporean IT industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 5.3% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market0.051%
Tech1.99%
IT0.26%
IT Consulting0.26%
Internet Services and Infrastructure0%
Data Processing Services0%
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 42.2x.
    • Analysts are expecting annual earnings growth of 17.5%, which is lower than the prior year's growth of 192.2% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 42.2x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 18% over the next 5 years.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 18% 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
BBW Azeus Systems HoldingsS$8.200.6%
+S$1.5m		-1.2%PE24.6x
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BBW

S$8.20

Azeus Systems Holdings

7D

0.6%

1Y

-1.2%