Billionaire stocks register 7.5% gain

Real estate, industrial sectors dominate.

Singapore’s 102 primary-listed stocks with over $1 billion in market capitalization have averaged a 7.5% gain in the 2017 year-to-date (YTD), taking their average 12-month return to 15.4%, a report from MySGX Gateway revealed

The report noted that business returns of the stocks also tracked the average return on equity (ROE) for the past 12 months and five years, reaching 11.7%. There were 86 gainers and 16 decliners, and the average of 7.5% total return for the year thus far is higher than the 2.7% for the same threshold size of stocks in Indonesia, Thailand, and Malaysia.

Real Estate and Industrial stocks dominated performance leaders, with five of the ten best performers coming from Real Estate and four from Industrial. Together, the 10 best-performing stocks averaged a 27.5% total return. The strongest performers for the past 12 months were GSH Corp, China Aviation Oil Singapore, and Japfa.

The least performing stocks, meanwhile, averaged a -6.4% decline in total return, representing either the Consumer Staples or Consumer Discretionary sectors.

Valuations have also been consistent with P/B ratios at 1.9x for the past 12 months, in addition to the past five years. The average P/E ratio of the billionaire stocks is currently at 23.3x, higher than the five-year average of 20.3x. The 102 stocks average an indicative dividend yield of 3.6%.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia