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Singaporean (SGX) Utilities Sector Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies10
  • 7D-3.0%
  • 3M-0.5%
  • 1Y2.6%
  • YTD-1.4%

Over the last 7 days, the Utilities industry has dropped 3.0%, driven by Sembcorp Industries declining 4.0%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 5.3% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024S$11.9bS$10.8bS$1.2b8.2x9.6x1.1x
Tue, 19 Nov 2024S$11.4bS$10.8bS$1.2b8.2x9.2x1.1x
Thu, 17 Oct 2024S$12.4bS$10.8bS$1.3b6.4x9.8x1.1x
Sat, 14 Sep 2024S$11.6bS$10.8bS$1.3b9.1x9.2x1.1x
Mon, 12 Aug 2024S$11.0bS$10.8bS$1.3b5.9x8.5x1x
Wed, 10 Jul 2024S$11.2bS$11.4bS$1.4b8.3x8x1x
Fri, 07 Jun 2024S$11.7bS$11.3bS$1.4b5.7x8.4x1x
Sun, 05 May 2024S$11.9bS$10.8bS$1.4b9.2x8.7x1.1x
Tue, 02 Apr 2024S$11.9bS$10.8bS$1.4b8x8.7x1.1x
Thu, 29 Feb 2024S$11.4bS$10.9bS$1.4b5x8x1x
Sat, 27 Jan 2024S$14.9bS$13.7bS$1.4b7.5x10.5x1.1x
Mon, 25 Dec 2023S$14.2bS$13.7bS$1.4b7.2x10x1x
Wed, 22 Nov 2023S$13.9bS$13.7bS$1.4b6.7x9.8x1x
Fri, 20 Oct 2023S$13.0bS$13.7bS$1.4b6.2x9.2x0.9x
Sun, 17 Sep 2023S$14.4bS$13.7bS$1.4b7x10.2x1.1x
Tue, 15 Aug 2023S$15.6bS$13.7bS$1.4b7.7x11.1x1.1x
Thu, 13 Jul 2023S$14.8bS$13.8bS$1.1b6.9x13.8x1.1x
Sat, 10 Jun 2023S$14.8bS$13.8bS$1.1b6.8x13.9x1.1x
Mon, 08 May 2023S$13.2bS$13.8bS$1.1b5.1x12.4x1x
Wed, 05 Apr 2023S$12.9bS$13.8bS$1.1b6.8x12x0.9x
Fri, 03 Mar 2023S$11.7bS$13.9bS$1.1b9.2x10.9x0.8x
Sun, 29 Jan 2023S$11.7bS$15.1bS$1.0b9.1x11.2x0.8x
Tue, 27 Dec 2022S$11.2bS$15.1bS$1.1b9.1x10.6x0.7x
Thu, 24 Nov 2022S$10.8bS$15.2bS$1.1b8.7x10.2x0.7x
Sat, 22 Oct 2022S$9.8bS$15.1bS$1.1b6.1x9.1x0.6x
Mon, 19 Sep 2022S$11.2bS$15.2bS$1.1b7.8x10.5x0.7x
Wed, 17 Aug 2022S$11.5bS$15.1bS$1.1b7.9x10.5x0.8x
Fri, 15 Jul 2022S$10.9bS$13.4bS$693.5m9.5x15.8x0.8x
Sun, 12 Jun 2022S$10.7bS$13.4bS$688.3m10.3x15.6x0.8x
Tue, 10 May 2022S$10.9bS$13.3bS$685.5m10.8x15.8x0.8x
Thu, 07 Apr 2022S$10.7bS$13.4bS$686.5m11.2x15.5x0.8x
Sat, 05 Mar 2022S$10.6bS$13.4bS$693.0m11x15.3x0.8x
Mon, 31 Jan 2022S$10.0bS$11.5bS$672.3m7.8x14.9x0.9x
Wed, 29 Dec 2021S$9.3bS$11.4bS$556.6m5.7x16.7x0.8x
Price to Earnings Ratio

16.7x


Total Market Cap: S$9.3bTotal Earnings: S$556.6mTotal Revenue: S$11.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Utilities Sector Price to Earnings3Y Average 11.4x202220232024
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 9.6x which is lower than its 3-year average PE of 11.4x.
  • The 3-year average PS ratio of 0.94x 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 31% 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-2.14%
Utilities-3.04%
Water Utilities1.00%
Electric Utilities0%
Gas Utilities0%
Renewable Energy0%
Other Utilities-3.77%
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 4.6% 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
U9E China Everbright WaterS$0.242.1%
+S$14.3m		17.1%PE3.5x
5GD Sunpower GroupS$0.273.8%
+S$8.0m		12.5%PE8x
5IG Gallant VentureS$0.0641.6%
+S$5.5m		-50.8%PS1.9x
BEH China International HoldingsS$0.05726.7%
+S$937.4k		-3.4%PS0.3x
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S$0.057

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26.7%

1Y

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5GD

S$0.27

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7D

3.8%

1Y

12.5%

U96

S$5.34

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7D

-4.0%

1Y

4.5%

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BHK

S$0.15

SIIC Environment Holdings

7D

-2.5%

1Y

-16.3%

BWM

S$0.43

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7D

0%

1Y

48.3%

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5IG

S$0.064

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7D

1.6%

1Y

-50.8%

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U9E

S$0.24

China Everbright Water

7D

2.1%

1Y

17.1%

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Sep 30
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