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Singaporean (SGX) Telecom Services and Carriers Industry Analysis

UpdatedDec 14, 2025
DataAggregated Company Financials
Companies3
  • 7D1.6%
  • 3M7.0%
  • 1Y46.1%
  • YTD48.2%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 2.9%, driven by declines from every company within the industry. In the past year, the industry has gained 46%. In the next few years, earnings are forecast to decline by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Dec 2025S$80.6bS$14.5bS$6.2b26.7x12.9x5.6x
Tue, 11 Nov 2025S$79.8bS$14.5bS$6.3b27.2x12.7x5.5x
Thu, 09 Oct 2025S$73.0bS$14.5bS$6.3b25.1x11.6x5x
Sat, 06 Sep 2025S$76.2bS$14.5bS$6.3b24.9x12.1x5.2x
Mon, 04 Aug 2025S$67.9bS$14.6bS$4.1b26.3x16.6x4.7x
Wed, 02 Jul 2025S$66.5bS$14.6bS$4.1b25.8x16.2x4.6x
Fri, 30 May 2025S$67.0bS$14.6bS$4.1b25.8x16.3x4.6x
Sun, 27 Apr 2025S$65.6bS$14.5bS$826.2m61x79.4x4.5x
Tue, 25 Mar 2025S$59.7bS$14.5bS$826.2m56.4x72.3x4.1x
Thu, 20 Feb 2025S$58.3bS$14.5b-S$26,606,000.0036.1x-2191.9x4x
Sat, 18 Jan 2025S$55.2bS$14.5b-S$20,029,000.0033.7x-2755.1x3.8x
Mon, 16 Dec 2024S$55.2bS$14.5b-S$22,579,000.0033.7x-2445.5x3.8x
Wed, 13 Nov 2024S$55.7bS$14.5bS$1.1b43.8x51.2x3.9x
Fri, 11 Oct 2024S$55.7bS$14.5bS$1.1b43x51x3.9x
Sun, 08 Sep 2024S$55.3bS$14.5bS$1.1b43x50.6x3.8x
Tue, 06 Aug 2024S$51.3bS$14.5bS$886.6m46x57.9x3.5x
Thu, 04 Jul 2024S$50.2bS$14.5bS$886.3m45.3x56.6x3.4x
Sat, 01 Jun 2024S$44.2bS$14.5bS$886.3m41.5x49.9x3x
Mon, 29 Apr 2024S$43.1bS$14.7bS$3.2b21.1x13.4x2.9x
Wed, 27 Mar 2024S$45.1bS$14.7bS$3.2b21.6x14x3.1x
Fri, 23 Feb 2024S$42.8bS$14.8bS$3.3b20.9x13x2.9x
Sun, 21 Jan 2024S$43.0bS$14.8bS$3.3b21.7x13.1x2.9x
Tue, 19 Dec 2023S$42.9bS$14.8bS$3.3b21.3x13.1x2.9x
Thu, 16 Nov 2023S$42.6bS$14.8bS$3.3b21.5x13x2.9x
Sat, 14 Oct 2023S$42.6bS$15.0bS$2.2b24.4x19.6x2.9x
Mon, 11 Sep 2023S$41.7bS$15.0bS$2.2b24.5x19.1x2.8x
Wed, 09 Aug 2023S$44.0bS$15.0bS$2.3b24.3x18.9x2.9x
Fri, 07 Jul 2023S$44.6bS$15.0bS$2.3b24.7x19.2x3x
Sun, 04 Jun 2023S$44.8bS$15.0bS$2.3b24.7x19.3x3x
Tue, 02 May 2023S$45.6bS$15.2bS$2.1b26.9x22.2x3x
Thu, 30 Mar 2023S$43.7bS$15.2bS$2.1b26.1x21.3x2.9x
Sat, 25 Feb 2023S$43.3bS$15.2bS$2.1b26x21x2.9x
Mon, 23 Jan 2023S$43.9bS$15.4bS$2.3b25x19.4x2.9x
Wed, 21 Dec 2022S$45.7bS$15.3bS$2.3b25.5x20.2x3x
Price to Earnings Ratio

20.2x


Total Market Cap: S$45.7bTotal Earnings: S$2.3bTotal Revenue: S$15.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Telecom Services and Carriers Industry Price to Earnings3Y Average -201.5x202320242025
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 40% 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 Market0.93%
Telecom1.56%
Telecom Services and Carriers1.64%
Integrated Telecom Services1.75%
Alternative Carriers-0.52%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 33.3x.
    • Analysts are expecting annual earnings growth of 5.1%, which is higher than its past year's earnings decline of 8.5% 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 5.1% over the next 5 years.
  • This is better than its past earnings decline of 8.5% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings decline by 16% 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$4.661.7%
+S$1.3b
48.4%PE12.4x

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