Header cover image

Singaporean (SGX) Telecom Services and Carriers Industry Analysis

UpdatedAug 02, 2025
DataAggregated Company Financials
Companies3
  • 7D-4.4%
  • 3M2.4%
  • 1Y30.5%
  • YTD24.7%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 1.8%, driven by a pullback from Singapore Telecommunications of 1.9%. In contrast, TOTM Technologies has gained 56%. This takes the industry's 12 month performance to a gain of 30%. As for the next few years, earnings are forecast to decline by 3.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Aug 2025S$67.9bS$14.6bS$4.1b26.3x16.6x4.7x
Mon, 30 Jun 2025S$66.8bS$14.6bS$4.1b25.8x16.3x4.6x
Wed, 28 May 2025S$67.1bS$14.6bS$4.1b26.3x16.3x4.6x
Fri, 25 Apr 2025S$66.1bS$14.5bS$826.2m61.3x80x4.5x
Sun, 23 Mar 2025S$59.8bS$14.5bS$826.2m56.3x72.4x4.1x
Tue, 18 Feb 2025S$58.2bS$14.5b-S$26,606,000.0036.1x-2185.7x4x
Thu, 16 Jan 2025S$54.7bS$14.5b-S$20,029,000.0033.5x-2729.5x3.8x
Sat, 14 Dec 2024S$55.2bS$14.5b-S$22,579,000.0033.7x-2445.5x3.8x
Mon, 11 Nov 2024S$57.2bS$14.5bS$1.1b44.5x52.5x4x
Wed, 09 Oct 2024S$56.1bS$14.5bS$1.1b43.3x51.3x3.9x
Fri, 06 Sep 2024S$55.4bS$14.5bS$1.1b42.8x50.7x3.8x
Sun, 04 Aug 2024S$52.1bS$14.5bS$886.6m46.7x58.7x3.6x
Tue, 02 Jul 2024S$48.8bS$14.5bS$886.3m44.4x55.1x3.4x
Thu, 30 May 2024S$43.9bS$14.5bS$886.3m41.4x49.5x3x
Sat, 27 Apr 2024S$43.1bS$14.7bS$3.2b21.1x13.4x2.9x
Mon, 25 Mar 2024S$45.1bS$14.7bS$3.2b21.6x14x3.1x
Wed, 21 Feb 2024S$42.8bS$14.8bS$3.3b20.9x13x2.9x
Fri, 19 Jan 2024S$42.8bS$14.8bS$3.3b21.7x13x2.9x
Sun, 17 Dec 2023S$42.9bS$14.8bS$3.3b21.4x13.1x2.9x
Tue, 14 Nov 2023S$42.3bS$14.8bS$3.3b21.2x12.9x2.9x
Thu, 12 Oct 2023S$43.7bS$15.0bS$2.2b24.8x20x2.9x
Sat, 09 Sep 2023S$41.7bS$15.0bS$2.2b24.5x19.1x2.8x
Mon, 07 Aug 2023S$43.7bS$15.0bS$2.3b24.3x18.8x2.9x
Wed, 05 Jul 2023S$45.8bS$15.0bS$2.3b25x19.7x3x
Fri, 02 Jun 2023S$44.7bS$15.0bS$2.3b24.7x19.3x3x
Sun, 30 Apr 2023S$45.6bS$15.2bS$2.1b26.9x22.2x3x
Tue, 28 Mar 2023S$43.2bS$15.2bS$2.1b25.7x21x2.8x
Thu, 23 Feb 2023S$43.6bS$15.2bS$2.1b26.1x21.2x2.9x
Sat, 21 Jan 2023S$43.9bS$15.4bS$2.3b25x19.4x2.9x
Mon, 19 Dec 2022S$45.4bS$15.3bS$2.3b25.6x20.1x3x
Wed, 16 Nov 2022S$49.3bS$15.3bS$2.3b26.4x21.8x3.2x
Fri, 14 Oct 2022S$44.4bS$15.5bS$2.2b27.5x20.1x2.9x
Sun, 11 Sep 2022S$48.7bS$15.5bS$2.2b29.9x22x3.1x
Tue, 09 Aug 2022S$47.0bS$15.7bS$2.0b31.3x23.2x3x
Price to Earnings Ratio

23.2x


Total Market Cap: S$47.0bTotal Earnings: S$2.0bTotal Revenue: S$15.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Telecom Services and Carriers Industry Price to Earnings3Y Average -200.5x202320242025
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 26% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.5% 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 industry?

SG Market-2.67%
Telecom-4.28%
Telecom Services and Carriers-4.45%
Alternative Carriers-0.56%
Integrated Telecom Services-4.65%
Industry PE
  • Investors are most optimistic about the Alternative Carriers industry which is trading above its 3-year average PE ratio of 33.0x.
    • Analysts are expecting annual earnings growth of 4.6%, which is higher than its past year's earnings decline of 7.6% 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 4.6% over the next 5 years.
  • This is better than its past earnings decline of 7.6% per year.
  • In contrast, the Integrated Telecom Services industry is expected to see its earnings decline by 3.8% 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
No data available

Latest News