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Singaporean (SGX) Utilities Sector Analysis

UpdatedAug 13, 2026
DataAggregated Company Financials
Companies11
  • 7D1.2%
  • 3M-6.6%
  • 1Y-7.5%
  • YTD-5.3%

The Utilities industry is up 1.2% in the last week, with Sembcorp Industries up 2.0%. During this same period, the Gallant Venture underperformed, falling 11%. However, the industry is down 7.5% over the past year. Earnings are forecast to grow by 7.8% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Aug 2026S$13.2bS$9.7bS$1.5b7x9x1.4x
Sat, 11 Jul 2026S$12.9bS$9.8bS$1.5b6.5x8.6x1.3x
Mon, 08 Jun 2026S$13.7bS$9.8bS$1.5b6.3x9.1x1.4x
Wed, 06 May 2026S$14.9bS$9.8bS$1.5b7.1x9.9x1.5x
Fri, 03 Apr 2026S$15.0bS$9.8bS$1.5b6.8x10x1.5x
Sun, 01 Mar 2026S$13.9bS$10.1bS$1.5b9.5x9.4x1.4x
Tue, 27 Jan 2026S$13.5bS$10.4bS$1.5b4.9x8.9x1.3x
Thu, 25 Dec 2025S$13.6bS$10.4bS$1.5b5.9x9x1.3x
Sat, 22 Nov 2025S$13.5bS$10.4bS$1.5b5.9x8.9x1.3x
Mon, 20 Oct 2025S$13.8bS$10.4bS$1.5b4.8x9.1x1.3x
Wed, 17 Sep 2025S$13.7bS$10.3bS$1.5b4.9x9.1x1.3x
Fri, 15 Aug 2025S$13.9bS$10.3bS$1.5b7.6x9.5x1.3x
Sun, 13 Jul 2025S$15.7bS$10.6bS$1.4b7.4x11.5x1.5x
Tue, 10 Jun 2025S$14.6bS$10.7bS$1.4b8.5x10.7x1.4x
Thu, 08 May 2025S$14.2bS$10.7bS$1.4b7.6x10.4x1.3x
Sat, 05 Apr 2025S$13.9bS$10.8bS$1.4b7.4x10.1x1.3x
Mon, 03 Mar 2025S$13.3bS$10.8bS$1.3b8x10.3x1.2x
Wed, 29 Jan 2025S$12.1bS$10.8bS$1.2b8.6x9.7x1.1x
Fri, 27 Dec 2024S$12.1bS$10.8bS$1.2b9x9.7x1.1x
Sun, 24 Nov 2024S$11.8bS$10.8bS$1.2b8.2x9.5x1.1x
Tue, 22 Oct 2024S$12.4bS$10.8bS$1.3b6.4x9.8x1.1x
Thu, 19 Sep 2024S$11.8bS$10.8bS$1.3b9.6x9.4x1.1x
Sat, 17 Aug 2024S$10.7bS$10.8bS$1.3b8.7x8.4x1x
Mon, 15 Jul 2024S$11.3bS$11.3bS$1.4b8.4x8.1x1x
Wed, 12 Jun 2024S$11.7bS$11.4bS$1.4b8.6x8.3x1x
Fri, 10 May 2024S$11.6bS$10.8bS$1.4b8.9x8.5x1.1x
Sun, 07 Apr 2024S$12.2bS$10.8bS$1.4b8.3x8.9x1.1x
Tue, 05 Mar 2024S$11.4bS$10.8bS$1.4b8.3x8.4x1.1x
Thu, 01 Feb 2024S$15.3bS$13.7bS$1.5b7.7x10.4x1.1x
Sat, 30 Dec 2023S$14.6bS$13.7bS$1.4b7.4x10.3x1.1x
Mon, 27 Nov 2023S$14.0bS$13.7bS$1.4b6.8x9.9x1x
Wed, 25 Oct 2023S$12.9bS$13.7bS$1.4b6.3x9.2x0.9x
Fri, 22 Sep 2023S$14.1bS$13.7bS$1.4b6.7x10x1x
Sun, 20 Aug 2023S$14.8bS$13.7bS$1.4b7.1x10.5x1.1x
Price to Earnings Ratio

10.5x


Total Market Cap: S$14.8bTotal Earnings: S$1.4bTotal Revenue: S$13.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Utilities Sector Price to Earnings3Y Average 9.5x202420252026
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 9.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 11% 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?

SG Market1.80%
Utilities1.25%
Water Utilities2.10%
Other Utilities1.53%
Electric Utilities0%0
Gas Utilities0%0
Renewable Energy-2.77%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry even though it's trading below its 3-year average PE ratio of 50.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 7.1x.
Forecasted Growth
  • Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings growth rate of 0.9% per year.
  • In contrast, the Other Utilities industry is expected to see its earnings grow by 7.3% 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
5GD Sunpower GroupS$0.576.5%
+S$28.7m		76.9%PE7x
U9E China Everbright WaterS$0.232.2%
+S$14.3m		-8.0%PE5.1x
1F2 Union Gas HoldingsS$0.483.2%
+S$4.8m		28.0%PE14.5x

Latest News

5IG
S$0.057
Gallant Venture
7D
-9.5%
1Y
-36.7%
U9E
S$0.23
China Everbright Water
7D
2.2%
1Y
-8.0%
5GD
S$0.57
Sunpower Group
7D
6.5%
1Y
76.9%
BHK
S$0.16
SIIC Environment Holdings
7D
-0.6%
1Y
-4.1%
EGX
S$0.77
EGP Energy
7D
-8.9%
1Y
n/a
BWM
S$0.57
Zheneng Jinjiang Environment Holding
7D
-0.9%
1Y
25.0%
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Is Now The Time To Put Zheneng Jinjiang Environment Holding (SGX:BWM) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
1F2
S$0.48
Union Gas Holdings
7D
3.2%
1Y
28.0%