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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?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | S$9.4b | S$11.5b | S$559.7m | 7.7x |
| Mon, 01 Nov 2021 | S$9.5b | S$11.3b | S$554.2m | 7.2x |
| Wed, 29 Sep 2021 | S$9.1b | S$11.3b | S$552.9m | 6.1x |
| Fri, 27 Aug 2021 | S$9.1b | S$11.3b | S$555.8m | 6x |
| Sat, 03 Jul 2021 | S$9.4b | S$11.3b | S$555.8m | 5.3x |
| Tue, 06 Apr 2021 | S$9.2b | S$10.8b | S$504.2m | 7.4x |
| Fri, 08 Jan 2021 | S$8.8b | S$10.2b | S$429.8m | 6.1x |
| Thu, 01 Oct 2020 | S$7.8b | S$9.4b | S$337.7m | 7x |
| Sun, 05 Jul 2020 | S$8.4b | S$9.3b | S$337.3m | 5.6x |
| Wed, 08 Apr 2020 | S$6.8b | S$10.3b | S$501.4m | 5x |
| Tue, 31 Dec 2019 | S$10.0b | S$11.5b | S$522.2m | 6.7x |
| Fri, 04 Oct 2019 | S$9.5b | S$15.2b | S$592.8m | 10.1x |
| Mon, 08 Jul 2019 | S$10.1b | S$15.3b | S$624.9m | 7.7x |
| Sun, 31 Mar 2019 | S$10.1b | S$16.8b | S$562.0m | 8.4x |
| Wed, 02 Jan 2019 | S$9.4b | S$16.8b | S$513.4m | 8.6x |
PE Ratio
8.6x
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 Utilities | 4.77% | |
| Renewable Energy | 1.01% | |
| 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?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| U9E China Everbright Water | 6.9%+S$57.2m | 37.8% | PE4.3x | |
| BHK SIIC Environment Holdings | 4.4%+S$25.8m | 35.1% | PE4x | |
| U96 Sembcorp Industries | 0.5%+S$17.0m | 7.6% | PE14.5x | |
| 5CR Asiatic Group (Holdings) | 14.3%+S$1.6m | 33.3% | PS0.3x |
