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Singaporean (SGX) Telecom Services and Carriers Industry Analysis

UpdatedMay 18, 2026
DataAggregated Company Financials
Companies3
  • 7D2.7%
  • 3M-0.2%
  • 1Y26.1%
  • YTD5.3%

Over the last 7 days, the Telecom Services and Carriers industry has risen 2.7%, driven by gains from Singapore Telecommunications of 2.5%. During this same period, the TOTM Technologies underperformed, falling 7.4%. This means that the industry has gained 26% over the past year. As for the next few years, earnings are forecast to decline by 17% per annum.

Industry Valuation and Performance

Has the Singaporean Telecom Services and Carriers Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 May 2026S$83.2bS$14.5bS$6.8b29.7x12.2x5.7x
Wed, 15 Apr 2026S$83.8bS$14.5bS$6.8b28.6x12.3x5.8x
Fri, 13 Mar 2026S$86.0bS$14.5bS$6.8b27.9x12.6x5.9x
Sun, 08 Feb 2026S$81.7bS$14.5bS$6.2b28.4x13.1x5.6x
Tue, 06 Jan 2026S$78.5bS$14.5bS$6.2b26.8x12.6x5.4x
Thu, 04 Dec 2025S$81.8bS$14.5bS$6.2b27x13.1x5.6x
Sat, 01 Nov 2025S$74.0bS$14.5bS$6.3b25.7x11.8x5.1x
Mon, 29 Sep 2025S$74.1bS$14.5bS$6.3b24.9x11.8x5.1x
Wed, 27 Aug 2025S$75.3bS$14.5bS$6.3b24.6x12x5.2x
Fri, 25 Jul 2025S$71.9bS$14.6bS$4.1b26.8x17.5x4.9x
Sun, 22 Jun 2025S$67.1bS$14.6bS$4.1b25.7x16.4x4.6x
Tue, 20 May 2025S$66.1bS$14.6bS$829.3m60.7x79.7x4.5x
Thu, 17 Apr 2025S$64.4bS$14.5bS$826.2m59.9x77.9x4.4x
Sat, 15 Mar 2025S$58.2bS$14.5bS$826.2m55.2x70.4x4x
Mon, 10 Feb 2025S$57.5bS$14.5b-S$20,029,000.0033.9x-2871.5x4x
Wed, 08 Jan 2025S$54.1bS$14.5b-S$22,579,000.0034.1x-2394.8x3.7x
Fri, 06 Dec 2024S$54.9bS$14.5b-S$22,579,000.0033.7x-2431.3x3.8x
Sun, 03 Nov 2024S$54.8bS$14.5bS$1.1b42.6x50.1x3.8x
Tue, 01 Oct 2024S$57.1bS$14.5bS$1.1b44x52.2x3.9x
Thu, 29 Aug 2024S$51.8bS$14.5bS$1.1b40.7x47.4x3.6x
Sat, 27 Jul 2024S$53.5bS$14.5bS$886.3m47.4x60.4x3.7x
Mon, 24 Jun 2024S$46.8bS$14.5bS$886.3m42.9x52.8x3.2x
Wed, 22 May 2024S$43.0bS$14.7bS$3.2b22.7x13.4x2.9x
Fri, 19 Apr 2024S$42.0bS$14.7bS$3.2b21x13x2.9x
Sun, 17 Mar 2024S$44.3bS$14.7bS$3.2b21.3x13.7x3x
Tue, 13 Feb 2024S$42.0bS$14.8bS$3.3b20.7x12.7x2.8x
Thu, 11 Jan 2024S$42.6bS$14.8bS$3.3b21.6x13x2.9x
Sat, 09 Dec 2023S$41.9bS$14.8bS$3.3b21.3x12.8x2.8x
Mon, 06 Nov 2023S$43.8bS$15.0bS$2.2b24.9x20.1x2.9x
Wed, 04 Oct 2023S$43.6bS$15.0bS$2.2b24.6x20x2.9x
Fri, 01 Sep 2023S$42.7bS$15.0bS$2.2b24.8x19.6x2.9x
Sun, 30 Jul 2023S$47.3bS$15.0bS$2.3b25.2x20.4x3.1x
Tue, 27 Jun 2023S$44.4bS$15.0bS$2.3b24.4x19.1x2.9x
Thu, 25 May 2023S$45.9bS$15.2bS$2.1b27x22.3x3x
Price to Earnings Ratio

22.3x


Total Market Cap: S$45.9bTotal Earnings: S$2.1bTotal Revenue: S$15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Telecom Services and Carriers Industry Price to Earnings3Y Average -202.7x202420252026
Current Industry PE
    There are only 3 companies in the Singaporean Telecom 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 Telecom industry have grown 49% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Singaporean Telecom industry?

SG Market0.74%
Telecom2.57%
Telecom Services and Carriers2.73%
Integrated Telecom Services2.77%
Alternative Carriers2.00%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 35.0x.
    • Analysts are expecting annual earnings growth of 11.0%, which is higher than its past year's earnings decline of 12.6% per year.
  • Investors are most pessimistic about the Integrated Telecom Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Alternative Carriers industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings decline of 13% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings decline 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
Z74 Singapore TelecommunicationsS$4.872.5%
+S$2.0b
28.5%PE11.8x

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