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Singaporean (SGX) Utilities Sector Analysis

UpdatedDec 05, 2023
DataAggregated Company Financials
Companies10
  • 7D-3.0%
  • 3M-5.9%
  • 1Y20.9%
  • YTD18.4%

The Utilities industry has been flat over the last week, but Sembcorp Industries has lost 4.7%. The past year has been better, since the industry has gained 24% in that time. Looking forward, earnings are forecast to grow by 4.0% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 Dec 2023S$13.6bS$13.7bS$1.4b6.6x9.6x1x
Thu, 02 Nov 2023S$13.2bS$13.7bS$1.4b6.5x9.4x1x
Sat, 30 Sep 2023S$14.0bS$13.7bS$1.4b6.7x9.9x1x
Mon, 28 Aug 2023S$14.8bS$13.7bS$1.4b7.7x10.6x1.1x
Wed, 26 Jul 2023S$15.3bS$13.7bS$1.1b5.1x14.3x1.1x
Fri, 23 Jun 2023S$14.8bS$13.8bS$1.1b6.6x13.8x1.1x
Sun, 21 May 2023S$13.8bS$13.8bS$1.1b7x13x1x
Tue, 18 Apr 2023S$12.6bS$13.8bS$1.1b4.7x11.7x0.9x
Thu, 16 Mar 2023S$12.5bS$13.8bS$1.1b9.1x11.5x0.9x
Sat, 11 Feb 2023S$11.9bS$15.3bS$1.0b9.4x11.6x0.8x
Mon, 09 Jan 2023S$11.3bS$15.1bS$1.0b9.1x10.7x0.7x
Wed, 07 Dec 2022S$11.0bS$15.2bS$1.1b8.9x10.4x0.7x
Fri, 04 Nov 2022S$10.4bS$15.1bS$1.1b7x9.7x0.7x
Sun, 02 Oct 2022S$10.6bS$15.2bS$1.1b6.9x9.8x0.7x
Tue, 30 Aug 2022S$11.7bS$15.1bS$1.1b8.1x10.8x0.8x
Thu, 28 Jul 2022S$11.0bS$13.4bS$687.1m10.4x16.1x0.8x
Sat, 25 Jun 2022S$10.9bS$13.4bS$689.4m10.4x15.7x0.8x
Mon, 23 May 2022S$10.8bS$13.4bS$693.2m10.3x15.6x0.8x
Wed, 20 Apr 2022S$11.1bS$13.4bS$689.3m10.8x16.1x0.8x
Fri, 18 Mar 2022S$10.3bS$13.4bS$692.3m10.6x14.9x0.8x
Sun, 13 Feb 2022S$10.2bS$11.4bS$669.5m7.7x15.3x0.9x
Tue, 11 Jan 2022S$9.8bS$11.4bS$556.6m6.2x17.5x0.9x
Thu, 09 Dec 2021S$9.3bS$11.5bS$558.7m6x16.6x0.8x
Sat, 06 Nov 2021S$9.6bS$11.4bS$548.6m7.3x17.5x0.8x
Mon, 04 Oct 2021S$9.0bS$11.3bS$554.2m6x16.3x0.8x
Wed, 01 Sep 2021S$9.0bS$11.3bS$555.8m5.5x16.2x0.8x
Thu, 08 Jul 2021S$9.4bS$11.3bS$555.8m5.3x17x0.8x
Wed, 31 Mar 2021S$9.2bS$10.8bS$504.2m7.4x18.2x0.8x
Sat, 02 Jan 2021S$8.8bS$10.2bS$429.8m6.1x20.5x0.9x
Price to Earnings Ratio

20.5x


Total Market Cap: S$8.8bTotal Earnings: S$429.8mTotal Revenue: S$10.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Utilities Sector Price to Earnings3Y Average 14.5x20222023
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 10.0x which is lower than its 3-year average PE of 14.5x.
  • The 3-year average PS ratio of 0.86x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 62% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

SG Market-0.31%
Utilities-3.01%
Renewable Energy2.09%
Water Utilities0.89%
Electric Utilities0%
Gas Utilities-0.058%
Other Utilities-4.45%
Industry PE
  • Investors are most optimistic about the Gas Utilities industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 30.5%, which is lower than the prior year's growth of 133.3% per year.
  • Investors are most pessimistic about the Water Utilities industry, which is trading below its 3-year average of 3.7x.
Forecasted Growth
  • Analysts are most optimistic on the Gas Utilities industry, expecting annual earnings growth of 31% over the next 5 years.
  • However this is lower than its past earnings growth rate of 133% per year.
  • In contrast, the Other Utilities industry is expected to see its earnings decline by 3.8% 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
BHK SIIC Environment HoldingsS$0.192.1%
+S$10.3m		6.0%PE3.4x
BWM Zheneng Jinjiang Environment HoldingS$0.242.1%
+S$7.3m		20.0%PE3.8x
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Latest News

BEH

S$0.063

China International Holdings

7D

-13.7%

1Y

-38.2%

BHK

S$0.19

SIIC Environment Holdings

7D

2.1%

1Y

6.0%

U96

S$4.88

Sembcorp Industries

7D

-4.7%

1Y

50.2%

BWM

S$0.24

Zheneng Jinjiang Environment Holding

7D

2.1%

1Y

20.0%

Zheneng Jinjiang Environment Holding (SGX:BWM) Will Want To Turn Around Its Return Trends

Oct 23
Zheneng Jinjiang Environment Holding (SGX:BWM) Will Want To Turn Around Its Return Trends

5IG

S$0.13

Gallant Venture

7D

-1.5%

1Y

3.1%

1F2

S$0.34

Union Gas Holdings

7D

-1.4%

1Y

-28.9%