Is Yangzijiang Shipbuilding (Holdings) (SGX:BS6) A Risky Investment?
May 02
Singaporean (SGX) Construction Machinery and Vehicles Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies10
- 7D-5.5%
- 3M1.2%
- 1Y-7.5%
- YTDn/a
Over the last 7 days, the Construction Machinery and Vehicles industry has dropped 1.6%, driven by Seatrium declining 15%. However, the industry is down 3.3% over the past year. As for the next few years, earnings are expected to grow by 41% per annum.
Industry Valuation and Performance
Has the Singaporean Construction Machinery and Vehicles Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | S$13.3b | S$16.9b | -S$1,119,427,797.73 | 7.9x | -11.9x | 0.8x |
| Sat, 13 Apr 2024 | S$13.4b | S$16.9b | -S$1,115,195,175.09 | 7.6x | -12x | 0.8x |
| Mon, 11 Mar 2024 | S$14.4b | S$13.3b | S$508.4m | 7.5x | 28.2x | 1.1x |
| Wed, 07 Feb 2024 | S$13.8b | S$12.8b | S$301.3m | 10.2x | 45.8x | 1.1x |
| Fri, 05 Jan 2024 | S$14.5b | S$12.7b | S$290.0m | 9.8x | 50.2x | 1.1x |
| Sun, 03 Dec 2023 | S$13.5b | S$12.7b | S$292.9m | 9.5x | 46.2x | 1.1x |
| Tue, 31 Oct 2023 | S$14.2b | S$12.7b | S$281.4m | 9.6x | 50.5x | 1.1x |
| Thu, 28 Sep 2023 | S$16.4b | S$12.7b | S$283.8m | 10.5x | 57.7x | 1.3x |
| Sat, 26 Aug 2023 | S$17.4b | S$12.6b | S$257.1m | 10.8x | 67.6x | 1.4x |
| Mon, 24 Jul 2023 | S$16.6b | S$10.5b | S$290.4m | 12.2x | 57.3x | 1.6x |
| Wed, 21 Jun 2023 | S$14.9b | S$10.5b | S$295.4m | 10.8x | 50.3x | 1.4x |
| Fri, 19 May 2023 | S$14.6b | S$10.7b | S$306.4m | 10.2x | 47.6x | 1.4x |
| Sun, 16 Apr 2023 | S$13.8b | S$10.7b | S$294.0m | 9.6x | 46.9x | 1.3x |
| Tue, 14 Mar 2023 | S$12.8b | S$10.8b | S$299.8m | 9.9x | 42.7x | 1.2x |
| Thu, 09 Feb 2023 | S$10.4b | S$11.2b | S$175.6m | 8.5x | 59.3x | 0.9x |
| Sat, 07 Jan 2023 | S$9.9b | S$11.2b | S$177.5m | 7.8x | 55.9x | 0.9x |
| Mon, 05 Dec 2022 | S$11.1b | S$11.2b | S$167.0m | 8.3x | 66.6x | 1x |
| Wed, 02 Nov 2022 | S$9.9b | S$11.2b | S$169.6m | 8x | 58.3x | 0.9x |
| Fri, 30 Sep 2022 | S$8.1b | S$11.3b | S$193.9m | 8.2x | 41.8x | 0.7x |
| Sun, 28 Aug 2022 | S$8.4b | S$11.3b | S$203.7m | 8.6x | 41.5x | 0.7x |
| Tue, 26 Jul 2022 | S$7.9b | S$11.0b | -S$358,800,104.00 | 10.6x | -22.1x | 0.7x |
| Thu, 23 Jun 2022 | S$8.1b | S$11.1b | -S$352,552,452.00 | 10.7x | -23x | 0.7x |
| Sat, 21 May 2022 | S$7.6b | S$11.1b | -S$352,068,108.00 | 10x | -21.5x | 0.7x |
| Mon, 18 Apr 2022 | S$11.2b | S$11.2b | -S$322,938,956.00 | 10.9x | -34.6x | 1x |
| Wed, 16 Mar 2022 | S$8.8b | S$11.2b | -S$318,526,773.00 | 10.3x | -27.5x | 0.8x |
| Fri, 11 Feb 2022 | S$9.2b | S$10.2b | -S$344,256,981.00 | 11.9x | -26.7x | 0.9x |
| Sun, 09 Jan 2022 | S$8.8b | S$10.3b | -S$338,212,879.00 | 9.9x | -26x | 0.9x |
| Tue, 07 Dec 2021 | S$8.6b | S$10.3b | -S$331,361,354.00 | 12.3x | -26.1x | 0.8x |
| Thu, 04 Nov 2021 | S$8.8b | S$10.2b | -S$355,294,748.00 | 11.2x | -24.7x | 0.9x |
| Sat, 02 Oct 2021 | S$8.9b | S$10.2b | -S$356,137,497.00 | 10.5x | -25.1x | 0.9x |
| Mon, 30 Aug 2021 | S$8.7b | S$10.1b | -S$363,181,696.97 | 11.6x | -23.9x | 0.9x |
| Tue, 06 Jul 2021 | S$8.1b | S$10.1b | -S$363,181,696.97 | 12x | -22.2x | 0.8x |
Price to Earnings Ratio
-51.9x
Current Industry PE
- Investors are pessimistic on the Singaporean Construction Machinery and Heavy Trucks 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 8.7x which is lower than its 3-year average PE of 15.7x.
- The industry is trading close to its 3-year average PS ratio of 0.98x.
Past Earnings Growth
- Total earnings for the Construction Machinery and Heavy Trucks industry have gone up over the last three years, and the industry is now profitable.
- Revenues have remained mostly flat. This means that the industry has become more efficient since profits are increasing while sales have been flat.
Industry Comparison
How does Singaporean Construction Machinery and Vehicles compare with similar industries?
| SG Market | 1.18% | |
| Industrials | 0.56% | |
| Machinery | -4.68% | |
| Construction Machinery and Vehicles | -5.46% | |
| Industrial Machinery | 2.14% | |
| Agricultural Machinery | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BS6 Yangzijiang Shipbuilding (Holdings) | S$1.77 | 2.9% +S$197.5m | 37.2% | PE9.2x | |
| H22 Hong Leong Asia | S$0.60 | 2.5% +S$11.2m | -5.5% | PE7x | |
| 1MZ Nam Cheong | S$0.14 | 14.6% +S$7.1m | n/a | PE1.4x | |
| G50 Grand Banks Yachts | S$0.39 | 4.1% +S$2.8m | 24.2% | PE5.3x | |
| A04 ASL Marine Holdings | S$0.062 | 1.6% +S$810.5k | -10.1% | PE1.6x |
