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5 Top Performing Singapore Stocks For The Last 10 Years

SG, Stocks

Written by:

Joo Parn (JP)

To some investors, the Singapore Exchange might be a boring place to invest. Most of the listed companies here are mostly traditional businesses and operate solely in Singapore, where the runway for growth is limited.

But did you know that over the last 10 years, there were stocks that have delivered out-of-the-world returns listed on SGX?

These stocks did not chalk up their multi-bagger returns in a few days, and thus, would not have been featured on news headlines.

But, if you are curious as I am about what are these stocks, then let’s jump right into these 5 top SG stocks that have performed well over the last 10 years.

Fantastic Singapore Stocks And Where To Find Them?

First, we need a filter to filter out these stocks by their historical 10-year performance.

You can get a preliminary filter by using TradingView’s stock screener, which you can then sort the entire Singapore listed companies by all-time performances.

However, do take the all-time performance figures with a pinch of salt, as I do find some figures hard to believe. But from this preliminary list, you can proceed to chart the total returns of these stocks.

Charting out the historical returns

To be fair, we will be taking both capital and dividend returns of the top-performing stocks of Singapore.

On the charting interface, select your y-axis to % and turn on adjusted for dividends. That way, we can compare all stocks on the same basis, and dividend-paying stocks will not be penalized from a capital gain point of view.

By using the preliminary list from the all-time returns, we can now highlight some of Singapore’s best-performing stocks for the last 10 years.

I even threw in some blue chips, which has grown and compounded their returns well, just as a yardstick to see whether the top 5 actually outperformed them!

Here is the list of the top 5 stocks:

1. AEM Holdings Ltd (+5,033%)

AEM Holdings Ltd (SGX: AWX) is a global provider of semiconductor equipment, test and handling solutions, and precision engineering systems.

AEM Holdings designs, develops, and manufactures equipment and tools used in various industries such as electronics, automotive, medical, and aerospace. The company’s primary focus is on serving the needs of the semiconductor industry, where it provides products like test handlers, wafer-level package handlers, and system-level test equipment.

Judging solely by capital gains, AEM holdings delivered a 10-year return of +2,221%.

But when adjusted for dividends, even only just from 2015 onwards (due to TradingView limitations), the total returns of AEM chalk off an out-of-the-world return of +5,033%!

2. Samudera Shipping Line Ltd (+1,142%)

Samudera Shipping Line Ltd (SGX: S56) is a leading maritime transportation company headquartered in Singapore. Established in 1993, the company has become a prominent player in the shipping industry, providing a comprehensive range of services that cater to the global supply chain.

With a strong focus on regional container shipping, Samudera has successfully navigated the dynamic seas of international trade and logistics, continually expanding its fleet and operational reach across Asia, Europe, and the Middle East.

The company has benefited from the logistic squeeze happening in 2021. This was the period where share price appreciation happened at an elevated pace.

Total returns for the last 10 years are at +1,142%.

3. Azeus Systems Limited (+1,466%)

Azeus Systems Limited (SGX: BBW) is an information technology (IT) solutions provider, specializing in the development and implementation of advanced software applications and services for various industries.

Azeus’ services range from custom software development to system integration, and IT consulting.

Even though it is a Singaporean company, it has proven its mettle in the ability to secure contracts for the Hong Kong government.

Total returns inclusive of dividends from 2016 until now are at a whopping +1,466%.

4. UMS Holdings Ltd (+940.59%)

UMS Holdings Ltd (SGX: 558) is another semiconductor-related stock that made it to the list. UMS is a prominent engineering firm specializing in the manufacturing and distribution of high-quality precision components for a variety of industries.

Established in 1984 and headquartered in Singapore, UMS Holdings has experienced significant growth over the years, evolving into a global leader in the precision engineering sector with a strong presence across Asia, Europe, and the United States.

Over the last 10 years, the total return of UMS is +940.59%, adjusted for dividends.

5. Riverstone Holdings Ltd (+824%)

Riverstone Holdings Ltd (SGX: AP4) is a global manufacturer of high-quality nitrile and natural rubber cleanroom gloves used in industries such as healthcare, pharmaceuticals, and semiconductor manufacturing.

Even though listed on SGX, the company was founded in 1989 and is headquartered in Malaysia, with manufacturing facilities in Malaysia, Thailand, and China.

During the pandemic glove rally run, Riverstone’s total returns shot pass + 2,400%. But even after the massive correction as the world reopened from lockdowns, it still provided a decent +824% over the last 10 years.

Is growth investing really dead on the SGX?

It is easy to come to that conclusion.

10 years ago, many Singaporeans would have thought the same. But these handfuls of stocks have cumulative returns that would have not only outrun the blue chips like DBS, Capitaland, and SIA but also the big techs in the US.

That said, it is easy to judge and comment, as hindsight is always 20-20.

Multibaggers or potential multi-baggers are everywhere. Sometimes the time needed for stocks to reach mind-boggling returns puts investors off to search for other potential investments that can double and triple in a shorter time frame.

Not all of the mentioned stocks can replicate their multi-bagger feats in the coming years, but perhaps it is a bit judgmental to say that growth investing is dead on the SGX?

Food for thought!

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