Employees: 5,600
Size GP Industries (G20.SI) is a Singapore Industrials company (Electrical Products) with a market value of $224M, the 158th largest of 186 Singapore companies the cockpit tracks. Shares closed at S$0.59 on 6 Nov 2026.
Performance Over six months the shares gained 15.7%, against -27.6% for the median peer and -1.2% for the Singapore market (cap-weighted) — 2nd highest of 19 in its peer set.
Growth Revenue fell 0.9% over the last twelve months (peer median +7.9%); the operating margin is 4.7% (peer median 4.8%).
Valuation It trades at 0.7× enterprise value to sales against a peer median of 1.6× (3rd cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -5% a year for seven years (Req g). Recent delivered growth is -1%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.0 points above its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | S$1.09B | S$1.09B | S$1.10B | S$1.11B | S$1.15B |
| Revenue growth | — | -1% | 0% | -4% | — |
| Gross profit | S$320M | S$320M | S$330M | S$316M | S$306M |
| EBITDA | S$94.6M | S$94.7M | S$95.9M | S$85.5M | S$56.1M |
| Net income | S$27.1M | S$27.1M | S$23.7M | -S$58.7M | S$22.0M |
| Free cash flow | S$65.4M | S$65.4M | S$49.8M | S$17.9M | S$38.6M |
| Capital expenditure | S$21.0M | S$21.0M | S$32.1M | S$36.8M | S$51.9M |
| Total debt | n/a | S$483M | S$504M | S$528M | S$550M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | G20.SI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.6% | -12.2% | 2nd highest of 21 |
| 6-month return | +15.7% | -27.6% | 2nd highest of 19 |
| Distance from 52-week high | -2.5% | -45.0% | highest of 21 |
| Revenue growth (TTM) | -0.9% | +7.9% | 6th lowest of 21 |
| Operating margin | 4.7% | 4.8% | 11th highest of 21 |
| EV / Sales | 0.7× | 1.6× | 3rd cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -4.5% | 8.2% | 2nd least demanding of 9 |
| Growth delivered (Del g) | -1.0% | +10.7% | lowest of 9 |
| Hurdle (Req g minus delivered) | -3.5 pp | -5.1 pp | 4th most demanding of 9 |
| ROIC minus cost of capital | +0.0 pp | -2.4 pp | 7th highest of 21 |
| EV / EBITDA | 7.5× | 10.1× | 2nd cheapest of 10 |
| Net debt / EBITDA | 2.9× | 0.6× | 3rd most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| GP Industries G20.SI | Singapore | $224M | +16% | -1% | 5% | 0.7× | -4.5% | -1.0% |
| Tai Sin Electric 500.SI | Singapore | $182M | -11% | +24% | 2% | 0.5× | 11.0% | +14.9% |
| Wonderful Hi-Tech 6190.TWO | Taiwan | $277M | -30% | +9% | 7% | 1.2× | n/a | n/a |
| HIGEN RNM 160190.KS | South Korea | $291M | -67% | +7% | -13% | 4.6× | n/a | n/a |
| Indo Tech Transformers INDOTECH.NS | India | $293M | -4% | +22% | 14% | 3.3× | 38.0% | +30.6% |
| Hong Tai Electric Industrial 1612.TW | Taiwan | $294M | -16% | +2% | 12% | 1.0× | -8.8% | +10.6% |
| Lumino Industries LUMINO.NS | India | $301M | n/a | +6% | 12% | 1.3× | 22.9% | +39.1% |
| Laser Power & Infra LASERPOWER.NS | India | $304M | n/a | -9% | 12% | 1.2× | n/a | n/a |
| Ta Tun Electric Wire & Cable 1623.TW | Taiwan | $308M | -37% | +20% | 15% | 1.9× | n/a | n/a |
| Hirakawa Hewtech 5821.T | Japan | $309M | -24% | +40% | 11% | 0.8× | 4.5% | +10.9% |
| Shanghai Kaichuang Marine International 600097.SS | China | $311M | -18% | -9% | -1% | 1.0× | n/a | n/a |
| ChargePoint CHPT | United States | $311M | +86% | +9% | -39% | 1.1× | n/a | n/a |
| STL Technology 4931.TWO | Taiwan | $316M | +2% | +56% | 13% | 3.0× | 5.5% | +8.5% |
| Shenzhen Kexin Communication Technologies 300565.SZ | China | $318M | -33% | +2% | -6% | 3.9× | n/a | n/a |
| Xinling Electrical 301388.SZ | China | $319M | -31% | +15% | 5% | 3.4× | n/a | n/a |
| CNlight 002076.SZ | China | $321M | -15% | +136% | -4% | 4.4× | n/a | n/a |
| Osaki Electric 6644.T | Japan | $330M | -45% | +4% | 7% | 0.5× | -3.7% | +5.8% |
| QC Solar (Suzhou) 301278.SZ | China | $330M | -30% | -5% | 2% | 2.5× | n/a | n/a |
| Sunfly Intelligent Technology 300423.SZ | China | $338M | -38% | -65% | -53% | 4.8× | n/a | n/a |
| Suzhou Industrial Park Heshun Electric 300141.SZ | China | $341M | -31% | +13% | -6% | 4.6× | n/a | n/a |
| Jiangsu Tongda Power Technology 002576.SZ | China | $342M | -25% | -6% | 5% | 1.3× | 15.6% | +3.1% |