MYR vs SGD Which Is More Promising?

MYR and SGD are two popular currencies in Southeast Asia, with the Malaysian Ringgit (MYR) and the Singapore Dollar (SGD) being widely traded. When it comes to investing in stocks denominated in these currencies, there are various factors to consider. Both Malaysia and Singapore have vibrant stock markets, with companies spanning various sectors. Investors need to carefully analyze economic indicators, political stability, and market trends to make informed decisions when investing in MYR vs SGD stocks.

MYR or SGD?

When comparing MYR and SGD, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between MYR and SGD.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. MYR has a dividend yield of -%, while SGD has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. MYR reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, SGD reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with MYR P/E ratio at 64.01 and SGD's P/E ratio at -82.06. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. MYR P/B ratio is 4.17 while SGD's P/B ratio is -3.44.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, MYR has seen a 5-year revenue growth of 1.35%, while SGD's is 0.25%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with MYR's ROE at 6.05% and SGD's ROE at 4.24%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $147.72 for MYR and $0.01 for SGD. Over the past year, MYR's prices ranged from $86.60 to $181.02, with a yearly change of 109.03%. SGD's prices fluctuated between $0.00 and $0.01, with a yearly change of 290.24%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.