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Singaporean (SGX) Utilities Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies10
  • 7D-0.9%
  • 3M4.1%
  • 1Y3.9%
  • YTD6.8%

Over the last 7 days, the Utilities industry has dropped 1.4%, driven by a pullback from Sembcorp Industries of 3.5%. Meanwhile, China Everbright Water actually outperformed within the industry, gaining 5.2% in the last week. This takes the industry's 12 month performance to a gain of 4.0%.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Sat, 04 Dec 2021S$9.4bS$11.5bS$559.7m7.7x
Mon, 01 Nov 2021S$9.5bS$11.3bS$554.2m7.2x
Wed, 29 Sep 2021S$9.1bS$11.3bS$552.9m6.1x
Fri, 27 Aug 2021S$9.1bS$11.3bS$555.8m6x
Sat, 03 Jul 2021S$9.4bS$11.3bS$555.8m5.3x
Tue, 06 Apr 2021S$9.2bS$10.8bS$504.2m7.4x
Fri, 08 Jan 2021S$8.8bS$10.2bS$429.8m6.1x
Thu, 01 Oct 2020S$7.8bS$9.4bS$337.7m7x
Sun, 05 Jul 2020S$8.4bS$9.3bS$337.3m5.6x
Wed, 08 Apr 2020S$6.8bS$10.3bS$501.4m5x
Tue, 31 Dec 2019S$10.0bS$11.5bS$522.2m6.7x
Fri, 04 Oct 2019S$9.5bS$15.2bS$592.8m10.1x
Mon, 08 Jul 2019S$10.1bS$15.3bS$624.9m7.7x
Sun, 31 Mar 2019S$10.1bS$16.8bS$562.0m8.4x
Wed, 02 Jan 2019S$9.4bS$16.8bS$513.4m8.6x
PE Ratio

8.6x

Total Market Cap: S$9.4bTotal Earnings: S$513.4mTotal Revenue: S$16.8b0%0%0%3 Year10 Year
20202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 7.3x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Utilities industry have remained mostly flat over the last three years, while revenues for these companies have declined 12% per year. This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

Which industries have driven the changes within the Singaporean Utilities sector?

Water Utilities4.77%
Renewable Energy1.01%
Gas Utilities-0.98%
Other Utilities-3.04%

Industry PE: Investors are most optimistic about the Gas Utilities industry even though it's trading below its 3-year average PE ratio of 38.0x. This is likely because analysts are expecting annual earnings growth of 74%, which is higher than its past year's earnings growth of 5.9% per year. Meanwhile, investors are most pessimistic about the Water Utilities industry, which is trading below its 3-year average of 5.2x.

Forecasted Growth: Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 74% over the next 5 years. This is better than it's past earnings growth rate of 5.9% per year. Meanwhile, the Water Utilities industry is expected to see its earnings grow by 10.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
U9E China Everbright Water6.9%+S$57.2m37.8%PE4.3x
BHK SIIC Environment Holdings4.4%+S$25.8m35.1%PE4x
U96 Sembcorp Industries0.5%+S$17.0m7.6%PE14.5x
5CR Asiatic Group (Holdings)14.3%+S$1.6m33.3%PS0.3x
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