OREANDA-NEWS. There are three types of Industrials stocks globally – Capital Goods, Commercial & Professional Services and Transportation.

The Capital Goods, Commercial & Professional Services and Transportation categories are based on the Global Industry Classification Standard (GICS®), which is also used to categorise stocks on SGX StockFacts. There are more than 200 such stocks listed on the Singapore Exchange (SGX), and they comprise one-fifth of the total market capitalisation of all stocks listed on SGX.

The 20 most active stocks of the Industrials Sector make up a total of S\\$129.9 billion in combined market capitalisation. Among these 20 are 12 stocks representing Capital Goods and eight representing Transportation.

From a Return-on-Equity (ROE) perspective, Asia Pacific’s Industrials Sector has generated some similarities in its cyclicality to the broader, all-sector encompassing indices. ROE measures net income relative to shareholders’ equity in percent terms. The three tables on the left below compare year-end ROE from 2003 through to the 2015 year to date. In each of the three charts on the left, the ROE of the regional industrials sector index is compared to the ROE of its parent index. As illustrated, compared to the broader market, the industrials sector has a history of generating less net income to the value of its common shareholdings of the company over the past 12 years.

As illustrated by the three charts on the right below, there was significant similarity in the price performance of the MSCI Asia Pacific Industrials Index and MSCI Asia Pacific Index, MSCI Asia ex Japan Industrials Index and MSCI Asia ex Japan Index, as well as Bloomberg Asia Pacific Industrials Index and Bloomberg Asia Pacific World Index between 2003 and the 2015 year-to-date.

In the year thus far, the MSCI Asia Pacific Industrials Index, MSCI Asia ex Japan Industrials Index and Bloomberg Asia Pacific Industrials Index have declined 2.6% , 4.3% and rose 4.5% in total return respectively. In comparison, the 20 most active Industrials stocks have averaged a 1.4 % decline in total return in the same period, with the median total return amounting to a 8.5% decline. The 20 stocks currently trade at an average P/E ratio of 19.9 and dividend yield of 3.5%.

Among the 20 most active stocks, the five best performers in the year thus far were Koyo International, SATS, CWT, OKH Global and ComfortDelGro Corporation. These five stocks averaged a total return of 43.0%, with the median return being 32.0%. Singapore’s 20 most active stocks of the Industrials Sector over the past three months include the 10 Industrials heavyweights, comprising Jardine Matheson Holdings, Jardine Strategic Holdings, Keppel Corp, Singapore Airlines, Singapore Technologies Engineering, Hutchison Port Holdings Trust, ComfortDelGro Corporation, Sembcorp Industries, Sembcorp Marine and Yangzijiang Shipbuilding (Holdings). Among these 10 are seven stocks representing Capital Goods and three representing Transportation.

The full list of these 20 most active stocks are detailed in the table below. Please note that by clicking on a stock’s name will direct you to its page on StockFacts.

20 Most Active Industrials Stocks of the Past Three Months

Name SGX Code Mkt. Cap. in S\\$ mm Price vs. 12M High % Price vs. 12M Low % 3M Trd. Val.in S\\$ mm 3M Trd. Vol.in mm 1yr Volatility in % Div. Ind Yld. in %
Keppel Corporation BN4 12,667 -34.1 10.3 40.9 5.53 mm 22.3 6.9
Noble Group N21 3,069 -66.9 14.8 37.7 68.82 mm 60.2 2.0
Jardine Matheson Holdings J36 24,966 -29.9 5.7 28.3 0.39 mm 16.6 2.9
ComfortDelGro Corporation C52 6,099 -13.2 20.3 17.4 5.86 mm 19.8 3.0
Yangzijiang Shipbuilding (Holdings) BS6 4,464 -23.6 15.4 16.7 13.67 mm 20.9 4.8
Singapore Airlines C6L 12,426 -17.8 10.9 16.4 1.57 mm 20.0 2.1
Sembcorp Industries U96 6,450 -31.0 20.3 16.1 4.53 mm 24.3 4.4
Hutchison Port Holdings Trust NS8U 6,939 -23.7 10.8 14.7 18.1 mm 12.8 8.3
Jardine Strategic Holdings J37 23,052 -26.4 4.4 10.8 0.27 mm 17.3 1.0
Singapore Post S08 3,752 -19.2 2.7 8.3 4.45 mm 15.6 3.7
Singapore Technologies Engineering S63 9,081 -23.6 8.2 8.3 2.69 mm 20.6 3.1
Neptune Orient Lines N03 2,354 -24.6 23.1 7.0 7.91 mm 33.1 N/A
SATS S58 4,360 -0.8 39.2 7.0 1.89 mm 15.5 3.6
Sembcorp Marine S51 4,867 -38.4 11.0 5.1 2.02 mm 26.1 5.2
OKH Global S3N 421 -10.7 21.8 4.2 6.12 mm 14.9 N/A
SMRT Corporation S53 1,979 -28.4 16.1 3.3 2.48 mm 22.7 2.5
CWT C14 1,225 -13.9 39.7 1.6 0.78 mm 25.3 3.4
United Engineers U04 1,175 -42.1 6.1 1.6 0.74 mm 26.5 2.6
Koyo International 5OC 59 -11.4 121.4 1.4 4.58 mm 48.8 0.7
Vard Holdings MS7 502 -52.0 57.4 1.4 3.13 mm 60.9 N/A