Narrative Update • Apr 28

In the last week, the Telecom industry is up 1.1%, with Singapore Telecommunications up 2.2%. This means that the industry has gained 17% over the past year. As for the next few years, earnings are forecast to decline by 16% per annum.
Has the Singaporean Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 08 May 2026 | S$82.0b | S$17.8b | S$6.9b | 27.7x | 11.9x | 4.6x |
| Sun, 05 Apr 2026 | S$88.5b | S$17.7b | S$6.9b | 25.3x | 12.9x | 5x |
| Tue, 03 Mar 2026 | S$89.6b | S$17.7b | S$6.9b | 20.6x | 13x | 5.1x |
| Thu, 29 Jan 2026 | S$81.9b | S$17.7b | S$6.3b | 14.7x | 12.9x | 4.6x |
| Sat, 27 Dec 2025 | S$82.1b | S$17.7b | S$6.3b | 14.4x | 13x | 4.6x |
| Mon, 24 Nov 2025 | S$84.9b | S$17.7b | S$6.3b | 14.5x | 13.4x | 4.8x |
| Wed, 22 Oct 2025 | S$77.4b | S$17.9b | S$6.3b | 13.1x | 12.4x | 4.3x |
| Fri, 19 Sep 2025 | S$78.6b | S$18.0b | S$6.3b | 14.1x | 12.6x | 4.4x |
| Sun, 17 Aug 2025 | S$74.3b | S$17.9b | S$6.3b | 14.8x | 11.7x | 4.1x |
| Tue, 15 Jul 2025 | S$73.4b | S$18.0b | S$4.2b | 14x | 17.3x | 4.1x |
| Thu, 12 Jun 2025 | S$71.4b | S$17.9b | S$4.3b | 13.7x | 16.8x | 4x |
| Sat, 10 May 2025 | S$70.9b | S$17.9b | S$982.8m | 14.3x | 72.2x | 4x |
| Mon, 07 Apr 2025 | S$64.7b | S$17.9b | S$977.8m | 13.5x | 66.2x | 3.6x |
| Wed, 05 Mar 2025 | S$62.2b | S$17.9b | S$977.9m | 14x | 63.6x | 3.5x |
| Fri, 31 Jan 2025 | S$60.3b | S$18.1b | -S$496,153,018.27 | 16.8x | -121.6x | 3.3x |
| Sun, 29 Dec 2024 | S$57.7b | S$18.1b | -S$499,935,333.72 | 18.9x | -115.4x | 3.2x |
| Tue, 26 Nov 2024 | S$56.7b | S$18.1b | -S$498,444,370.92 | 19.1x | -113.8x | 3.1x |
| Thu, 24 Oct 2024 | S$59.1b | S$18.1b | S$644.0m | 16.5x | 91.8x | 3.3x |
| Sat, 21 Sep 2024 | S$62.8b | S$18.1b | S$647.9m | 16.5x | 96.9x | 3.5x |
| Mon, 19 Aug 2024 | S$55.7b | S$18.1b | S$647.3m | 16.5x | 86x | 3.1x |
| Wed, 17 Jul 2024 | S$56.7b | S$18.3b | S$283.5m | 16x | 200x | 3.1x |
| Fri, 14 Jun 2024 | S$48.6b | S$18.3b | S$282.2m | 20.4x | 172.3x | 2.7x |
| Sun, 12 May 2024 | S$46.2b | S$18.5b | S$2.6b | 12.7x | 17.7x | 2.5x |
| Tue, 09 Apr 2024 | S$46.3b | S$18.5b | S$2.6b | 13.9x | 17.7x | 2.5x |
| Thu, 07 Mar 2024 | S$45.1b | S$18.5b | S$2.6b | 13.9x | 17.3x | 2.4x |
| Sat, 03 Feb 2024 | S$46.7b | S$18.2b | S$3.4b | 12.9x | 13.9x | 2.6x |
| Mon, 01 Jan 2024 | S$47.4b | S$18.2b | S$3.4b | 12.9x | 14.1x | 2.6x |
| Wed, 29 Nov 2023 | S$43.8b | S$18.2b | S$3.4b | 12.4x | 13x | 2.4x |
| Fri, 27 Oct 2023 | S$45.1b | S$18.1b | S$2.2b | 18.8x | 20.1x | 2.5x |
| Sun, 24 Sep 2023 | S$46.5b | S$18.1b | S$2.2b | 19.3x | 20.8x | 2.6x |
| Tue, 22 Aug 2023 | S$44.9b | S$18.2b | S$2.4b | 17.4x | 18.8x | 2.5x |
| Thu, 20 Jul 2023 | S$48.6b | S$18.2b | S$2.4b | 24.9x | 20.5x | 2.7x |
| Sat, 17 Jun 2023 | S$48.3b | S$18.2b | S$2.4b | 24.9x | 20.3x | 2.7x |
| Mon, 15 May 2023 | S$48.9b | S$18.3b | S$2.1b | 27.1x | 23.5x | 2.7x |
23.5x
Which industries have driven the changes within the Singaporean Telecom sector?
| SG Market | 1.12% | |
| Telecom | 1.12% | |
| Telecom Services and Carriers | 1.25% | |
| Entertainment | -0.21% | |
| Media | -1.06% | |
| Wireless Telecom | -3.78% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| Z74 Singapore Telecommunications | S$4.69 | 2.2% +S$1.6b | 20.3% | PE11.4x | |
| OMK Vividthree Holdings | S$0.014 | 55.6% +S$3.0m | -17.6% | PS3.1x | |
| LVR 17LIVE Group | S$0.90 | 1.7% +S$2.6m | 4.7% | PS0.8x | |
| WKS Winking Studios | S$0.23 | 2.2% +S$2.2m | 2.2% | PE251.3x | |
| SEJ NoonTalk Media | S$0.063 | 18.9% +S$2.0m | -11.3% | PS2.3x |