Should I buy Sembcorp Industries stock in 2025?

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At HelloSafe, our expert has been tracking the performance of Sembcorp Industries for over three years. Every month, hundreds of thousands of users in SG trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, compensated by Sembcorp Industries.

What is Sembcorp Industries?

The Sembcorp Industries Stock Price

The price of Sembcorp Industries stock is rising this week. The current share price stands at SGD 7.14, with a 24-hour change of -0.70% but a robust +4.54% weekly gain. Sembcorp Industries holds a market cap of SGD 12.70 billion, and the average daily volume over the past three months is 3.42 million shares. Its current P/E ratio is 12.75, with an attractive dividend yield of 4.96%, while the stock's beta registers at 0.46, reflecting low volatility. This defensive profile, combined with strong market momentum, highlights its potential as a stable investment within the SG market.

Our full analysis of the Sembcorp Industries stock

We have reviewed Sembcorp Industries's latest financial results along with the stock’s remarkable performance over the past three years. Drawing on a combination of traditional financial indicators, real-time technical signals, comparative market data, and peer benchmarks—all synthesised using our proprietary analytical algorithms—we deliver a truly comprehensive view. So, why might Sembcorp Industries stock once again become a strategic entry point into the Asian energy transition sector in 2025?

Recent performance and market context

Sembcorp Industries has delivered outstanding returns, with the share price reaching SGD 7.14—up 48.75% over the past year and showing a dynamic +28.42% gain in just six months. Despite a minor intraday dip of -0.70%, recent weeks have brought a consistent string of gains, notably a +4.54% weekly move, demonstrating robust investor support. The company’s market capitalisation now stands at an impressive SGD 12.70 billion, placing it firmly among the top-tier industrials on the Singapore Exchange.

This resilience is fuelled by several positive events in 2024. The recent 30% acquisition of Senoko Energy has strengthened Sembcorp Industries’s dominance in Singapore’s critical energy infrastructure, while ongoing expansion in renewables and a significantly increased dividend have been welcomed by the market. Broader macroeconomic currents—including accelerating regional electrification, sustained Singapore GDP growth, and continued ESG-friendly capital inflows—further amplify tailwinds for leading, future-proofed domestic players. In this context, Sembcorp Industries is well positioned to benefit from renewed institutional and retail interest.

Technical analysis

On the technical front, Sembcorp Industries exhibits an unambiguously bullish structure. The 14-day RSI stands at 64.04, sitting within the higher neutral territory and suggesting further room for upside before overbought conditions arise. The MACD (12,26,9) remains positive at 0.11, sustaining a “buy” signal after a persistent bullish crossover. Price action is supported by all major moving averages: the stock currently trades above its 20-, 50-, 100-, and 200-day averages (SGD 6.93, SGD 6.73, SGD 6.40, and SGD 5.90 respectively), ensuring a powerful trend.

Key support levels are observed in the SGD 6.52–6.81 range, giving the current uptrend a robust technical backstop. Immediate resistance is only marginally above the latest close, at SGD 7.15–7.44—a zone that, if broken, could reinforce fresh momentum. Volume patterns confirm the strength of the move, with steady participation indicating confidence among both institutional and individual investors. Taken together, Sembcorp Industries presents an ideal technical foundation for medium-term upside.

Fundamental analysis

Sembcorp Industries’s recent financial results reinforce the case for a positive outlook. While annual revenue came in at SGD 6.42 billion—down 8.88% year-on-year due to cyclical industry dynamics—net profit climbed to SGD 1.02 billion, up 7.32%. This widening margin demonstrates a significant shift toward higher value segments, cost discipline, and improved operational efficiency. Adjusted EBITDA reached SGD 2.05 billion, further supporting the sustainability of profitability.

Valuation is a compelling feature: with a P/E ratio of 12.75, Sembcorp Industries remains attractively priced versus both historical averages and sector peers, despite a surge in share price. The 4.96% dividend yield not only outpaces most regional alternatives, but recent management actions have driven a 77% increase in total dividend for 2024. Structurally, Sembcorp Industries benefits from high barriers to entry, a dominant energy portfolio in Singapore and Asia-Pacific, and a strong innovation track record—particularly in renewable energy and sustainable urban solutions. All these elements underpin a defensible competitive position as well as ample upside for forward-looking investors.

Volume and liquidity

Trading activity confirms solid conviction in Sembcorp Industries. Over the past three months, average daily volume has held at a healthy 3.42 million shares, providing liquid entry and exit points suitable for all investor categories. The free float is significant, ensuring the stock remains responsive to market developments but insulated from undue volatility. High institutional participation further testifies to market confidence in both governance and future value creation.

This combination of sustained volume and robust float empowers Sembcorp Industries to be dynamically valued and quickly repriced by both Singaporean and global market participants as new catalysts arise.

Catalysts and positive outlook

Sembcorp Industries stands out for the quality and pace of its growth drivers. Key catalysts for the stock’s bullish trajectory include:

• Completion of the 30% acquisition in Senoko Energy, consolidating its core energy business and opening pathways for further market integration.
• A relentless expansion in renewables, with 17 GW of operational capacity and 4.1 GW of new projects secured since end 2023, firmly positioning Sembcorp Industries among Asia’s most strategic clean energy portfolios.
• Ambitious management targets: the company aims for 25 GW of renewable capacity by 2028, with the addition of a 600 MW hydrogen-ready power plant (commissioning expected in 2026).
• ESG and policy support: Sembcorp’s business model—anchored in sustainability—attracts premium capital, especially given robust Singapore Green Plan 2030 goals. Its long-term contracts secure 98% of gas capacity, with over 60% locked in beyond five years, assuring predictable cash flows.

Other notable strengths include a presence in 11 countries, a renewed focus on urban integrated solutions in the Asia-Pacific, and a leadership team with a strong governance record and clear visibility on execution. With catalysts this substantive, Sembcorp Industries’s positive outlook remains firmly grounded in both macro and company-specific drivers.

Investment strategies

Given current valuations and prospective upward catalysts, Sembcorp Industries offers compelling entry arguments across investment horizons:

• Short-term: The stock’s momentum, buoyed by a wave of positive technical signals, makes it attractive for tactical investors looking to benefit from the upcoming resistance test around SGD 7.15–7.44.
• Medium-term: Strong cash flows, a sustained pipeline of renewable projects, and stable dividends all contribute to a robust total return profile.
• Long-term: Structural advantages—dominant local market share, innovation in sustainable infrastructure, leadership in energy transition, and a defensive growth portfolio—suggest ongoing revaluation as Singapore’s and Asia’s energy needs evolve.

Ideal entry points may be identified near current technical supports, or ahead of major catalysts such as new capacity launches or regulatory milestones. Investors positioning themselves before the consensus price target (SGD 7.93) is reached could stand to benefit from continued rerating and consistent dividend income.

Is it the right time to buy Sembcorp Industries?

With a proven track record of operational outperformance, visible upcoming catalysts, and an exceptionally solid balance sheet, the fundamentals of Sembcorp Industries justify renewed investor interest. The current market sentiment, supported by both qualitative and quantitative indicators, is distinctly bullish. Its low volatility (beta 0.46) appeals to conservative profiles, while dynamic earnings upgrades and strategic asset allocation reinforce confidence for growth-oriented investors.

In conclusion, Sembcorp Industries seems to represent an excellent opportunity for investors seeking a rare combination of dividend strength, forward-looking sector leadership, and robust long-term upside—now at a pivotal point as Singapore and the broader region accelerate their shift toward sustainable energy solutions. For those considering a strategic addition to their portfolios, Sembcorp Industries may well be poised to enter a new, bullish phase in the Asian energy market.

How to buy Sembcorp Industries stock in Singapore?

Buying Sembcorp Industries stock online is both straightforward and secure through any regulated broker in Singapore. Investors can access the market either by buying real Sembcorp Industries shares (spot buying) or by trading Contracts for Difference (CFDs), allowing you to profit from price movements without owning the shares. Both approaches are easily accessible, offer a range of features, and are protected by local regulations. For a full list of broker choices and comparisons, check out the detailed broker comparison further down the page.

Spot buying

Spot buying means you purchase actual Sembcorp Industries shares, which will be held in your brokerage or CDP account. Local brokers typically charge a fixed commission per trade—commonly between SGD $5 and $10—plus small exchange platform fees.

Gain scenario

If the Sembcorp Industries share price is $7.14 SGD, you can buy around 139 shares with a $1,000 stake, including a brokerage fee of around $5.

If the share price rises by 10%, your shares are now worth $1,100.

Result: +$100 gross gain, i.e. +10% on your investment.

Trading via CFD

CFD trading lets you speculate on the price movements of Sembcorp Industries without actually owning the shares. CFD providers charge a spread (the difference between buy and sell price), and there are overnight financing fees if you hold your position for more than a day.

Gain scenario

You open a CFD position on Sembcorp Industries shares, with 5x leverage. This gives you a market exposure of $5,000.

If the stock rises by 8%, your position gains 8% × 5 = 40%. Result: +$400 gain, on a bet of $1,000 (excluding fees).

Final advice

Before investing, always compare brokers’ commissions, platform features, and currency conversion rates—see our comparator lower on the page for details. Your choice between spot buying and CFD trading should reflect your investment goals and risk appetite. Both options offer you easy, professional access to Sembcorp Industries stock from Singapore.

Our 7 tips for buying Sembcorp Industries stock

The latest news about Sembcorp Industries

Sembcorp Industries outperforms the broader Singapore market with 4.54% growth this week. Recent trading on the Singapore Exchange shows Sembcorp Industries shares rising strongly, outperforming the broader SGX market index. This momentum is supported by positive investor sentiment around the company’s urban solutions and renewable energy strategy, further reinforcing Sembcorp Industries’s profile as a market leader among Singapore-listed conglomerates.

Acquisition of a 30% stake in Senoko Energy strengthens market leadership in Singapore’s power sector. Within the last week, the strategic purchase of a significant stake in Senoko Energy has been finalised, expanding Sembcorp Industries’s footprint in the local energy market. This acquisition is expected to support long-term revenue visibility and future integration of renewable energy assets in the national grid.

Sembcorp Industries maintains strong financial position and delivers record high annual net profit. Announced this week, Sembcorp Industries reported a record SGD 1.02 billion net profit for FY2024, an increase of 7.3% over the previous year. This performance, achieved despite a fall in overall revenue, demonstrates improved operational margins and confirms the company’s resilience and sound management.

Dividend payout significantly increased and remains tax-free for Singapore investors. Sembcorp Industries has increased its total 2024 dividend to SGD 0.23 per share—up 77% year-on-year—offering an attractive yield for local investors. Dividends remain exempt from tax for Singapore residents under prevailing tax law, further enhancing total returns for long-term shareholders.

Technical indicators signal continued bullish trend for Sembcorp Industries shares. Technical analysis this week shows the share price above all major moving averages, with the MACD delivering a buy signal. Combined with a neutral RSI and strong support levels, these signals point to ongoing upward momentum, making Sembcorp Industries an attractive consideration for Singapore-based equity investors.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.