Thursday, April 16, 2015

IT Sector Leaders Averaged 30% Gain over last 12 Months


  • Silverlake Axis, Venture Corporation, STATS ChipPAC, TPV Technology, and GSH Corporation make up more than half the total market capitalisation of Singapore’s IT sector.
  • The five stocks averaged a 9.2% gain in the year thus far, taking the 12-month gain to 30.4%. Of the five stocks, four rose over the past year, with performances ranging from 20.2% to 61.0%.
More than one in ten of the stocks listed on the Singapore Exchange represent the Information Technology (IT) sector.

There are three types of IT stocks – those involved in technology hardware & equipment, companies operating software & services businesses and those involved in semiconductor fabrication and semiconductor equipment, according to the Global Industry Classification Standard (GICS®). Investors can find all the SGX-listed stocks that make up the Information Technology (IT) sector through SGX StockFacts.

Five Largest IT Stocks
The five largest IT stocks – Silverlake Axis, Venture Corporation, STATS ChipPAC, TPV Technology, and GSH Corporation – make up over half the total market capitalisation of the more than 80 SGX-listed IT stocks. They have a combined market capitalisation of S$8.2 billion and averaged 9.2% price gain in the year thus far. They also maintain an average yield of 2.4%. Over the last 12 months, they generated an average return of 30.4%, bringing their average three-year total return to 115.8% and five-year total average return to 270.3%.

Details of the relevant stocks are listed below. Note also that clicking directly on the stock name below will take you to the relevant profile page on SGX StockFacts.
Source: SGX StockFacts (Data as of 14 April 2015)

Silverlake Axis
Silverlake Axis provides digital economy solutions and services to organizations in banking, insurance, payment, retail, and logistics industries. Silverlake Axis operates in South East Asia, North East Asia, South Asia, the Middle East, North America, Africa, and Europe. The company was founded in 1989 and is based in Singapore. Silverlake Axis is a subsidiary of Intelligentsia Holding Ltd. Silverlake Axis is the largest IT stock with a market capitalisation of S$3,109.9 million, and the stock trades at a price-to-earnings ratio of 30.6. The five substantial shareholders are Goh Peng Ooi, CIMB-Principal Asset Management Bhd, Artemis Investment Management LLP, Thuan See Chuang, and Royal Bank of Canada. The company website is: www.silverlakeaxis.com.

Venture Corporation
Venture Corporation provides technology services, products, and solutions worldwide. The company operates through three segments: Electronics Services Provider, Retail Store Solutions and Industrial, and Component Technology. Venture Corporation was founded in 1984 and is headquartered in Singapore. Venture Corporation has a market capitalisation of S$2,361.1 million and the stock trades at a price-to-earnings ratio of 16.9. The five substantial shareholders are Aberdeen Asset Management PLC, BNP Paribas, Sprucegrove Investment Management Ltd, Wong Ngit Liong, and Schroder Investment Management Limited. The company website is: www.venture.com.sg.

STATS ChipPAC
STATS ChipPAC provides semiconductor packaging design, bump, probe, assembly, test, and distribution services for communications, digital consumer, and computing market applications. The company markets its services through direct sales force in the United States, South Korea, China, Singapore, Taiwan, and Switzerland. STATS ChipPAC Ltd. was founded in 1994 and is headquartered in Singapore. STATS ChipPAC operates as a subsidiary of Singapore Technologies Semiconductors Pte Ltd. STATS ChipPAC has a market capitalisation of S$1,112.1 million and the stock trades at a price-to-book value of 0.9. The five substantial shareholders are Singapore Technologies Semiconductors Pte Ltd, Morph Investments Ltd., DBS Group Holdings Limited, CIMB-Principal Asset Management Bhd, and Choo Ah Seng. The company website is: www.statschippac.com.

TPV Technology
TPV Technology designs, manufactures, and distributes computer monitors and flat TV products worldwide. It operates through four segments: Monitors, TVs, TP Vision—TVs, and Others. The company was formerly known as TPV Holdings Limited and changed its name to TPV Technology in June 2000. TPV Technology was incorporated in 1998 and is based in Kwun Tong, Hong Kong. TPV Technology has a market capitalisation of S$903.1 million and the stock trades at a price-to-earnings ratio of 16.3. The company website is: www.tpv-tech.com.

GSH Corporation
GSH Corporation operates as a property developer in Southeast Asia. The company was formerly known as JEL Corporation (Holdings) Ltd. and changed its name to GSH Corporation in May 2012. GSH Corporation was incorporated in 2001 and is based in Singapore. GSH Corporation has a market capitalisation of S$751.3 million and the stock trades at a price-to-earnings ratio of 14.0. The five substantial shareholders are Goi, Seng Hui, Ee, Guan Hui, Goodview Properties Pte Ltd, SkyVen Capital Pte Ltd, and Golden Super Holdings Limited. The company website is: www.gshcorporation.com.

Source: My Gateway

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