Singaporean (SGX) Telecom Sector Analysis
UpdatedDec 08, 2022
DataAggregated Company Financials
Companies16
- 7D-2.7%
- 3M-3.6%
- 1Y2.7%
- YTD7.1%
Over the last 7 days, the Telecom industry has dropped 2.7%, driven by Singapore Telecommunications declining 2.9%. Meanwhile, Place Holdings actually outperformed within the industry, gaining 100% in the last week. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 9.0% per annum.
Sector Valuation and Performance
Has the Singaporean Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Dec 2022 | S$49.9b | S$18.3b | S$2.4b | 12.6x | 20.9x | 2.7x |
| Sat, 05 Nov 2022 | S$48.2b | S$18.4b | S$2.3b | 11.6x | 20.6x | 2.6x |
| Mon, 03 Oct 2022 | S$50.7b | S$18.4b | S$2.3b | 10x | 21.7x | 2.7x |
| Wed, 31 Aug 2022 | S$51.3b | S$18.4b | S$2.3b | 10x | 22x | 2.8x |
| Fri, 29 Jul 2022 | S$51.3b | S$18.6b | S$2.2b | 12.9x | 23.8x | 2.8x |
| Sun, 26 Jun 2022 | S$50.2b | S$18.6b | S$2.2b | 12.5x | 23.3x | 2.7x |
| Tue, 24 May 2022 | S$55.7b | S$19.2b | S$1.5b | 15.2x | 36.3x | 2.9x |
| Thu, 21 Apr 2022 | S$54.8b | S$19.2b | S$1.5b | 15.8x | 35.8x | 2.8x |
| Sat, 19 Mar 2022 | S$53.7b | S$19.2b | S$1.5b | 15.5x | 35x | 2.8x |
| Mon, 14 Feb 2022 | S$53.7b | S$19.6b | S$1.4b | 18x | 38.8x | 2.7x |
| Wed, 12 Jan 2022 | S$51.7b | S$19.6b | S$1.4b | 19.5x | 37.2x | 2.6x |
| Fri, 10 Dec 2021 | S$52.4b | S$19.6b | S$1.4b | 19.5x | 37.7x | 2.7x |
| Sun, 07 Nov 2021 | S$53.5b | S$19.6b | S$1.4b | 17.6x | 39.3x | 2.7x |
| Tue, 05 Oct 2021 | S$51.7b | S$20.0b | S$1.1b | 18.7x | 47.9x | 2.6x |
| Thu, 02 Sep 2021 | S$50.3b | S$20.0b | S$1.1b | 23x | 47.8x | 2.5x |
| Sat, 31 Jul 2021 | S$48.6b | S$20.0b | S$1.1b | 24.1x | 46.2x | 2.4x |
| Tue, 04 May 2021 | S$75.3b | S$19.7b | S$590.4m | 23.1x | 127.5x | 3.8x |
| Fri, 05 Feb 2021 | S$74.0b | S$19.5b | S$1.2b | 19.2x | 64.2x | 3.8x |
| Mon, 09 Nov 2020 | S$71.2b | S$19.8b | S$1.7b | 14.4x | 40.9x | 3.6x |
| Sun, 02 Aug 2020 | S$71.5b | S$20.3b | S$855.5m | 20.4x | 83.5x | 3.5x |
| Wed, 06 May 2020 | S$72.8b | S$21.1b | S$1.6b | 19.5x | 46.7x | 3.5x |
| Sat, 08 Feb 2020 | S$73.8b | S$21.7b | S$1.8b | 16x | 41.2x | 3.4x |
Price to Earnings Ratio
41.3x
Current Industry PE
- Investors are pessimistic on the Singaporean Communication Services 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 20.9x which is lower than its 3-year average PE of 51.5x.
- The 3-year average PS ratio of 3.2x is higher than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 10% per year over the last three years.
- Meanwhile revenues for these companies have declined 5.5% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Singaporean Telecom sector?
| SG Market | -1.03% | |
| Telecom | -2.70% | |
| Media | 29.07% | |
| Entertainment | 1.70% | |
| Interactive Media and Services | 0% | |
| Wireless Telecom | -0.058% | |
| Telecom Services and Carriers | -3.10% | |
Industry PE
- Investors are most optimistic about the Telecom Services and Carriers industry even though it's trading below its 3-year average PE ratio of 51.9x.
- Analysts are expecting annual earnings growth of 7.6%, which is lower than the prior year's growth of 62.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 99% over the next 5 years.
- This is better than its past earnings decline of 88% per year.
- In contrast, the Media industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| E27 Place Holdings | S$0.03 | 100.0% +S$88.2m | -64.7% | PS150x | |
| 1D1 UnUsUaL | S$0.14 | 7.0% +S$9.3m | 4.6% | PS14.9x | |
| S7OU Asian Pay Television Trust | S$0.11 | 4.6% +S$9.0m | -17.5% | PE5.4x | |
| XJB G.H.Y Culture & Media Holding | S$0.43 | 1.2% +S$5.3m | -21.1% | PS7.6x | |
| 1AZ Audience Analytics | S$0.27 | 6.0% +S$2.5m | 20.5% | PE9.4x |