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Singaporean (SGX) Utilities Sector Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies10
  • 7D3.3%
  • 3M5.4%
  • 1Y2.7%
  • YTD0.9%

The Utilities industry is up 3.5% in the last week, with Sembcorp Industries up 3.6%. In contrast, the industry has lost 4.6% in the last 12 months. Earnings are forecast to grow by 6.4% annually.

Sector Valuation and Performance

Has the Singaporean Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025S$12.4bS$10.8bS$1.2b8.7x10x1.2x
Sun, 19 Jan 2025S$12.5bS$10.8bS$1.2b9.1x10.1x1.2x
Tue, 17 Dec 2024S$12.2bS$10.8bS$1.2b8.2x9.8x1.1x
Thu, 14 Nov 2024S$11.4bS$10.8bS$1.3b8.2x9.1x1.1x
Sat, 12 Oct 2024S$12.4bS$10.8bS$1.3b6.4x9.9x1.1x
Mon, 09 Sep 2024S$11.0bS$10.8bS$1.3b6.4x8.6x1x
Wed, 07 Aug 2024S$10.5bS$11.3bS$1.4b5.9x7.5x0.9x
Fri, 05 Jul 2024S$11.3bS$11.3bS$1.4b5.7x8.1x1x
Sun, 02 Jun 2024S$11.6bS$10.7bS$1.4b8.9x8.5x1.1x
Tue, 30 Apr 2024S$12.0bS$10.8bS$1.4b8.9x8.8x1.1x
Thu, 28 Mar 2024S$12.0bS$10.8bS$1.4b8x8.8x1.1x
Sat, 24 Feb 2024S$11.7bS$11.0bS$1.5b4.5x8x1.1x
Mon, 22 Jan 2024S$14.8bS$13.7bS$1.4b7.4x10.4x1.1x
Wed, 20 Dec 2023S$14.1bS$13.7bS$1.4b7.2x9.9x1x
Fri, 17 Nov 2023S$14.0bS$13.6bS$1.4b6.7x9.9x1x
Sun, 15 Oct 2023S$13.4bS$13.7bS$1.4b6.5x9.5x1x
Tue, 12 Sep 2023S$14.2bS$13.7bS$1.4b7x10.1x1x
Thu, 10 Aug 2023S$15.9bS$13.7bS$1.3b7.7x12x1.2x
Sat, 08 Jul 2023S$14.8bS$13.8bS$1.1b6.7x13.7x1.1x
Mon, 05 Jun 2023S$14.4bS$13.8bS$1.1b7x13.4x1x
Wed, 03 May 2023S$12.7bS$13.8bS$1.1b4.7x11.9x0.9x
Fri, 31 Mar 2023S$12.5bS$13.8bS$1.1b4.7x11.7x0.9x
Sun, 26 Feb 2023S$11.8bS$13.9bS$1.1b11.2x11.2x0.9x
Tue, 24 Jan 2023S$11.3bS$15.1bS$1.0b7.6x10.8x0.7x
Thu, 22 Dec 2022S$11.2bS$15.1bS$1.1b9.1x10.6x0.7x
Sat, 19 Nov 2022S$10.6bS$15.1bS$1.1b8.6x10x0.7x
Mon, 17 Oct 2022S$10.1bS$15.1bS$1.1b6x9.4x0.7x
Wed, 14 Sep 2022S$11.6bS$15.2bS$1.1b8.2x10.8x0.8x
Fri, 12 Aug 2022S$11.5bS$15.0bS$1.1b7.9x10.5x0.8x
Sun, 10 Jul 2022S$10.8bS$13.4bS$692.4m9.7x15.7x0.8x
Tue, 07 Jun 2022S$10.8bS$13.4bS$686.4m10.4x15.7x0.8x
Thu, 05 May 2022S$11.0bS$13.4bS$687.6m10.8x16x0.8x
Sat, 02 Apr 2022S$10.5bS$13.4bS$686.2m11.1x15.4x0.8x
Mon, 28 Feb 2022S$10.4bS$13.2bS$697.4m7.6x14.9x0.8x
Price to Earnings Ratio

14.9x


Total Market Cap: S$10.4bTotal Earnings: S$697.4mTotal Revenue: S$13.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Utilities Sector Price to Earnings3Y Average 11x202320242025
Current Industry PE
  • Investors are relatively neutral on the Singaporean Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 11.0x.
  • The 3-year average PS ratio of 0.95x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 21% per year over the last three years.
  • Meanwhile revenues for these companies have declined 6.5% 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 Utilities sector?

SG Market0.77%
Utilities3.33%
Other Utilities4.00%
Renewable Energy1.62%
Electric Utilities0%0
Water Utilities-0.44%
Gas Utilities-2.86%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Water Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.7x.
Forecasted Growth
  • Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings growth rate of 1.1% per year.
  • In contrast, the Other Utilities industry is expected to see its earnings grow by 5.8% 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
U96 Sembcorp IndustriesS$5.756.3%
+S$605.1m
10.2%PE10.7x
5IG Gallant VentureS$0.09113.8%
+S$60.1m
-30.0%PS2.6x
5GD Sunpower GroupS$0.264.0%
+S$8.0m
20.9%PE7.7x
BWM Zheneng Jinjiang Environment HoldingS$0.451.1%
+S$7.2m
53.4%PE15.7x
BHK SIIC Environment HoldingsS$0.151.3%
+S$5.2m
-22.4%PE4.1x
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Latest News

BEH

S$0.043

China International Holdings

7D

-17.3%

1Y

-42.7%

5CR

S$0.004

Asiatic Group (Holdings)

7D

33.3%

1Y

33.3%

BHK

S$0.15

SIIC Environment Holdings

7D

1.3%

1Y

-22.4%

BWM

S$0.45

Zheneng Jinjiang Environment Holding

7D

1.1%

1Y

53.4%

U9E

S$0.24

China Everbright Water

7D

-2.0%

1Y

6.7%

U96

S$5.75

Sembcorp Industries

7D

6.3%

1Y

10.2%

5GD

S$0.26

Sunpower Group

7D

4.0%

1Y

20.9%