Header cover image

Singaporean (SGX) Utilities Sector Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies10
  • 7D2.1%
  • 3M-7.5%
  • 1Y13.6%
  • YTD13.0%

Over the last 7 days, the Utilities industry has risen 2.1%, driven by gains from Sembcorp Industries of 4.6%. In the last 12 months, the industry was up 14%. As for the next few years, earnings are expected to grow by 6.2% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022S$10.8bS$15.1bS$1.1b8.8x10.2x0.7x
Tue, 25 Oct 2022S$9.8bS$15.1bS$1.1b6.1x9.1x0.6x
Thu, 22 Sep 2022S$11.1bS$15.2bS$1.1b7.8x10.4x0.7x
Sat, 20 Aug 2022S$11.5bS$15.1bS$1.1b7.9x10.7x0.8x
Mon, 18 Jul 2022S$10.9bS$13.4bS$690.4m9.4x15.7x0.8x
Wed, 15 Jun 2022S$10.8bS$13.4bS$688.2m10.7x15.7x0.8x
Fri, 13 May 2022S$10.7bS$13.3bS$685.7m10.7x15.6x0.8x
Sun, 10 Apr 2022S$10.9bS$13.4bS$688.2m11.1x15.9x0.8x
Tue, 08 Mar 2022S$10.6bS$13.4bS$694.0m10.9x15.3x0.8x
Thu, 03 Feb 2022S$10.0bS$11.4bS$670.3m7.8x14.9x0.9x
Sat, 01 Jan 2022S$9.3bS$11.4bS$555.1m5.7x16.8x0.8x
Mon, 29 Nov 2021S$9.5bS$11.5bS$559.4m7.2x16.9x0.8x
Wed, 27 Oct 2021S$9.5bS$11.3bS$554.4m6.7x17.2x0.8x
Fri, 24 Sep 2021S$9.0bS$11.3bS$557.0m5.9x16.2x0.8x
Sun, 22 Aug 2021S$9.0bS$11.3bS$555.8m5.7x16.2x0.8x
Fri, 09 Jul 2021S$9.4bS$11.3bS$555.8m5.3x17x0.8x
Thu, 01 Apr 2021S$9.2bS$10.8bS$504.2m7.4x18.2x0.8x
Sun, 03 Jan 2021S$8.8bS$10.2bS$429.8m6.1x20.5x0.9x
Wed, 07 Oct 2020S$7.8bS$9.4bS$337.7m7x23.2x0.8x
Tue, 30 Jun 2020S$8.4bS$9.3bS$337.3m5.6x25x0.9x
Fri, 03 Apr 2020S$6.8bS$10.3bS$501.4m5x13.6x0.7x
Mon, 06 Jan 2020S$10.0bS$11.5bS$522.2m6.7x19.2x0.9x
Price to Earnings Ratio

16.4x


Total Market Cap: S$9.7bTotal Earnings: S$593.9mTotal Revenue: S$15.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Utilities Sector Price to Earnings3Y Average 17.6x202020212022
Current Industry PE
  • Investors are pessimistic on the Singaporean Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.2x which is lower than its 3-year average PE of 17.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.82x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 21% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

SG Market-0.57%
Utilities2.12%
Other Utilities4.05%
Gas Utilities0.056%
Electric Utilities0%
Renewable Energy0%
Water Utilities-2.24%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio of 50.9x.
    • Analysts are expecting annual earnings growth of 46.7%, which is higher than its past year's earnings decline of 55.1% per year.
  • Investors are most pessimistic about the Water Utilities industry, which is trading below its 3-year average of 4.2x.
Forecasted Growth
  • Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 47% over the next 5 years.
  • This is better than its past earnings decline of 55% per year.
  • In contrast, the Other Utilities industry is expected to see its earnings decline by 13% 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$3.204.6%
+S$249.0m
61.6%PE8x
BHK SIIC Environment HoldingsS$0.170.6%
+S$2.6m
-23.6%PE3x
1F2 Union Gas HoldingsS$0.451.1%
+S$1.6m
-41.6%PE47.7x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.