Is Now The Time To Put Singapore Exchange (SGX:S68) On Your Watchlist?
Jan 10
Have your own idea? Try our Stock Screener
Singaporean (SGX) Market Analysis & Valuation
UpdatedJan 11, 2025
DataAggregated Company Financials
Companies517
- 7D-0.5%
- 3M3.2%
- 1Y12.6%
- YTD-0.3%
The Financials sector gained 3.0% while the market remained flat over the last week. Meanwhile, the market is actually up 14% over the past year. As for the next few years, earnings are expected to grow by 11% per annum.
Trending IndustriesOil and Gas
Market Valuation and Performance
Has the Singaporean Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 11 Jan 2025 | S$714.3b | S$547.7b | S$43.6b | 11.6x | 16.4x | 1.3x |
| Mon, 09 Dec 2024 | S$717.5b | S$544.6b | S$43.5b | 11.9x | 16.5x | 1.3x |
| Wed, 06 Nov 2024 | S$694.3b | S$535.8b | S$43.8b | 11.8x | 15.8x | 1.3x |
| Fri, 04 Oct 2024 | S$711.9b | S$541.3b | S$45.0b | 11.5x | 15.8x | 1.3x |
| Sun, 01 Sep 2024 | S$682.0b | S$545.7b | S$44.9b | 11x | 15.2x | 1.2x |
| Tue, 30 Jul 2024 | S$681.7b | S$546.9b | S$44.6b | 11.9x | 15.3x | 1.2x |
| Thu, 27 Jun 2024 | S$660.3b | S$548.9b | S$44.4b | 11.9x | 14.9x | 1.2x |
| Sat, 25 May 2024 | S$658.4b | S$546.9b | S$44.6b | 11.6x | 14.8x | 1.2x |
| Mon, 22 Apr 2024 | S$636.0b | S$547.6b | S$46.8b | 11.8x | 13.6x | 1.2x |
| Wed, 20 Mar 2024 | S$635.3b | S$544.7b | S$47.1b | 11.3x | 13.5x | 1.2x |
| Fri, 16 Feb 2024 | S$640.2b | S$554.8b | S$49.8b | 11.9x | 12.8x | 1.2x |
| Sun, 14 Jan 2024 | S$654.4b | S$570.5b | S$51.9b | 12.4x | 12.6x | 1.1x |
| Tue, 12 Dec 2023 | S$639.8b | S$572.3b | S$52.3b | 12.1x | 12.2x | 1.1x |
| Thu, 09 Nov 2023 | S$645.0b | S$574.3b | S$52.6b | 12.1x | 12.3x | 1.1x |
| Sat, 07 Oct 2023 | S$662.9b | S$574.2b | S$52.5b | 12.4x | 12.6x | 1.2x |
| Mon, 04 Sep 2023 | S$679.2b | S$572.7b | S$52.4b | 13.4x | 13x | 1.2x |
| Wed, 02 Aug 2023 | S$708.1b | S$580.4b | S$56.2b | 12.3x | 12.6x | 1.2x |
| Fri, 30 Jun 2023 | S$686.2b | S$580.0b | S$56.8b | 11.8x | 12.1x | 1.2x |
| Sun, 28 May 2023 | S$684.2b | S$580.2b | S$56.9b | 11.3x | 12x | 1.2x |
| Tue, 25 Apr 2023 | S$711.7b | S$569.6b | S$54.0b | 11.5x | 13.2x | 1.2x |
| Thu, 23 Mar 2023 | S$600.1b | S$558.0b | S$48.1b | 11x | 12.5x | 1.1x |
| Sat, 18 Feb 2023 | S$711.4b | S$561.5b | S$58.0b | 10.5x | 12.3x | 1.3x |
| Mon, 16 Jan 2023 | S$706.3b | S$558.5b | S$58.1b | 10.2x | 12.1x | 1.3x |
| Wed, 14 Dec 2022 | S$699.7b | S$562.6b | S$57.8b | 10.4x | 12.1x | 1.2x |
| Fri, 11 Nov 2022 | S$676.9b | S$567.2b | S$57.7b | 10.2x | 11.7x | 1.2x |
| Sun, 09 Oct 2022 | S$677.4b | S$563.6b | S$54.8b | 10.5x | 12.4x | 1.2x |
| Tue, 06 Sep 2022 | S$702.4b | S$559.3b | S$54.8b | 10.8x | 12.8x | 1.3x |
| Thu, 04 Aug 2022 | S$710.6b | S$530.1b | S$49.0b | 11.4x | 14.5x | 1.3x |
| Sat, 02 Jul 2022 | S$686.3b | S$532.3b | S$47.7b | 11.2x | 14.4x | 1.3x |
| Mon, 30 May 2022 | S$698.6b | S$528.4b | S$47.8b | 11.9x | 14.6x | 1.3x |
| Wed, 27 Apr 2022 | S$722.1b | S$525.7b | S$46.0b | 12.3x | 15.7x | 1.4x |
| Fri, 25 Mar 2022 | S$732.4b | S$524.8b | S$45.7b | 12.1x | 16x | 1.4x |
| Sun, 20 Feb 2022 | S$731.4b | S$487.0b | S$36.2b | 13.1x | 20.2x | 1.5x |
| Tue, 18 Jan 2022 | S$707.9b | S$482.4b | S$31.4b | 13.3x | 22.5x | 1.5x |
Price to Earnings Ratio
22.5x
Current Market PE
- Investors are optimistic on the Singaporean market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 16.6x which is higher than its 3-year average PE of 14.0x.
Past Earnings Growth
- The earnings for Singaporean listed companies have grown 12% per year over the last three years.
- Revenues for these companies have grown 4.4% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Singaporean Market?
| SG Market | -0.46% | |
| Financials | 1.37% | |
| Healthcare | 0.45% | |
| Energy | 0.16% | |
| Information Technology | 0% | |
| Financials | 0% | |
| Health Care | 0% | |
| Industrials | 0% | |
| Telecom | -0.70% | |
| Industrials | -1.10% | |
| Consumer Discretionary | -1.11% | |
| Materials | -1.21% | |
| Utilities | -1.28% | |
| Tech | -1.70% | |
| Real Estate | -2.13% | |
| Consumer Staples | -2.87% | |
Sector PE
- Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 34.0x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 46.1%, which is higher than its past year's earnings growth of 3.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 46% over the next 5 years.
- This is better than its past earnings growth rate of 3.7% per year.
- In contrast, the Financials sector is expected to see its earnings grow by 2.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| O39 Oversea-Chinese Banking | S$17.10 | 3.2% +S$2.4b | 32.8% | PB1.4x | Financials | |
| D05 DBS Group Holdings | S$44.13 | 1.2% +S$1.4b | 48.9% | PB1.9x | Financials | |
| U11 United Overseas Bank | S$36.82 | 0.7% +S$401.2m | 30.1% | PB1.4x | Financials | |
| BS6 Yangzijiang Shipbuilding (Holdings) | S$3.00 | 1.0% +S$118.5m | 88.7% | PE11.7x | Industrials | |
| ACV Frasers Hospitality Trust | S$0.58 | 6.4% +S$67.4m | 20.6% | PB0.9x | Real Estate |
