Technically base on current chart, SGX is showing a Bearish Engulfing pattern at the resistance. MACD is weakening and RSI is at overbought region. The chart and technical indicator suggesting a potential reversal.
Fundamentally SGX is over value base on PE and PEG Ratio. On top of that, Net incoming has dropped Year over Year for the part 4 years and Cash from Operation is not growing for past 3 years. See SGX Financial.
Key Statistics for SGX
Current P/E Ratio (ttm) |
26.8801 |
Estimated P/E(06/2013) |
25.2597 |
Relative P/E vs. FSSTI |
1.8986 |
Earnings Per Share (SGD) (ttm) |
0.2894 |
Est. EPS (SGD) (06/2013) |
0.3080 |
Est. PEG Ratio |
3.7985 |
Market Cap (M SGD) |
8,318.08 |
Shares Outstanding (M) |
1,069.16 |
30 Day Average Volume |
1,706,367 |
Price/Book (mrq) |
10.4160 |
Price/Sale (ttm) |
12.4505 |
Dividend Indicated Gross Yield |
3.47% |
Cash Dividend (SGD) |
0.0400 |
Last Dividend |
04/22/2013 |
5 Year Dividend Growth |
-7.09% |
Next Earnings Announcement |
07/26/2013 |
VALUATION RATIOS
|
Company |
Industry |
Sector |
P/E Ratio (TTM) |
26.97 |
12.69 |
16.98 |
P/E High – Last 5 Yrs. |
27.34 |
29.64 |
29.11 |
P/E Low – Last 5 Yrs. |
15.43 |
19.93 |
14.73 |
DIVIDENDS
|
Company |
Industry |
Sector |
Dividend Yield |
3.47 |
1.63 |
2.04 |
Dividend Yield – 5 Year Avg. |
4.11 |
0.98 |
1.89 |
Dividend 5 Year Growth Rate |
-5.59 |
-0.69 |
6.71 |
GROWTH RATES
|
Company |
Industry |
Sector |
Sales (MRQ) vs Qtr. 1 Yr. Ago |
16.49 |
191.00 |
20.15 |
Sales (TTM) vs TTM 1 Yr. Ago |
3.05 |
121.46 |
12.10 |
Sales – 5 Yr. Growth Rate |
2.37 |
19.17 |
13.94 |
|
EPS (MRQ) vs Qtr. 1 Yr. Ago |
25.47 |
-32.98 |
53.63 |
EPS (TTM) vs TTM 1 Yr. Ago |
-0.37 |
— |
— |
EPS – 5 Yr. Growth Rate |
-7.25 |
6.29 |
26.89 |
At the moment, I don’t see any catalyst for SGX to break the resistance and move higher unless there is big news of M&A or other favourable news.