Sifting through the 52-week high share price list is a good way to filter out potential investment candidates.
Such companies usually announced good news, such as a major acquisition or strong earnings.
However, investors need to temper this positive sentiment by assessing the risks of the business as well.
Here are four Singapore stocks that recently touched their 52-week highs.
You should review them to see if they deserve a place in your investment portfolio.
Q&M Dental (SGX: QC7)
Q&M Dental owns the largest network of private dental clinics in Singapore, with 106 outlets as of 31 December 2024.
The group also operates 38 dental clinics and a dental supplies and distribution business in Malaysia.
The share price of the dental group hit its 52-week high of S$0.32 recently, and is up 12.5% year-to-date (YTD).
Q&M Dental reported a mixed set of earnings for 2024 with total revenue dipping 1% year on year to S$180.7 million.
Its core dental business saw revenue inch up 0.5% year on year to S$173.8 million, but this was offset by a plunge in diagnostics revenue as COVID-19 testing revenue fell off.
Net profit climbed 27% year on year to S$14.6 million.
The group generated a positive free cash flow of S$32 million, up nearly 20% year on year.
A final dividend of S$0.007 was declared, taking the total dividend for 2024 to S$0.011.
This dividend was 59% higher than the S$0.0069 paid out for 2023.
Q&M Dental has proposed to seek a secondary listing in Malaysia’s Bursa Securities as it will allow the group to broaden its investor reach and widen its investor base.
This listing will also allow the group to tap into additional platforms for future fundraising.
Parkway Life REIT (SGX: C2PU)
Parkway Life REIT, or PLife REIT, is a healthcare REIT with a portfolio of three hospitals and medical centres in Singapore, 60 nursing homes in Japan, 11 nursing homes in France, and a medical centre in Malaysia.
The REIT’s unit price recently touched its 52-week high of S$4.33 and is up 11.7% YTD.
PLife REIT reported a robust financial performance for the first quarter of 2025 (1Q 2025).
Gross revenue and net property income rose 7.3% and 7.5% year on year, respectively, to S$39 million and S$36.8 million.
The higher revenue was contributed by the maiden revenue recognition from the acquisition of the French nursing homes and one nursing home in Japan.
The Singapore properties’ lease step-up arrangement also helped gross revenue increase for the quarter.
Distribution per unit inched up 1.3% year on year to S$0.0384.
The REIT has moderate gearing of 36.1% and a low all-in debt cost of just 1.5%.
90% of the REITs interest rate exposure is hedged, helping it to mitigate higher finance costs.
Meanwhile, PLife REIT also announced the divestment of its entire Malaysia portfolio after the end of 1Q 2025 at RM 20.09 million, booking an estimated gain (before tax) of S$0.1 million.
The divestment price was 4.6% above the independent valuation of two valuers as of 31 December 2024.
DFI Retail Group (SGX: D01)
DFI Retail Group is a pan-Asian retailer operating over 10,700 outlets across Asia in key retail divisions such as food, home and furnishings, health and beauty, and restaurants.
The blue-chip group’s share price touched its 52-week high of US$2.74 and is up nearly 18% YTD.
DFI Retail Group reported a mixed set of earnings for 2024, with revenue dipping 3% year on year to US$8.9 billion.
Underlying net profit, however, climbed 30% year on year to US$201 million.
The total dividend for 2024 shot up 31% year on year to US$0.105.
The group recently sold off its Singapore Cold Storage and Giant stores to Malaysia’s Macrovalue, a Southeast Asian retail conglomerate, for S$125 million.
Management aims to consolidate its position in markets such as Hong Kong, where the group is strong, while expanding key businesses such as Health and Beauty and Convenience.
The group is also targeting to expand its omnichannel strategy to capture more market share.
Oiltek International (SGX: HQU)
Oiltek provides a comprehensive range of refinery processes and engineering solutions across different sectors of the vegetable oils industry value chain.
The group has successfully designed, built, and commercialised plants in more than 37 countries on five continents.
Oiltek’s share price hit its 52-week high of S$2.10 recently and is now up 66% YTD (after adjusting for the bonus share issue – details below).
For 2024, the group reported a 14.5% year-on-year increase in revenue to RM 230.3 million.
Net profit soared 55% year on year to RM 29.6 million.
Oiltek proposed a final dividend of S$0.018, bringing its full year (2024) dividend to S$0.027.
A total of RM 207 million of new orders was secured for 2024, bringing the group’s order book to RM 354.9 million as of 31 December 2024.
In line with the strong results, Oiltek announced a bonus share issue of two new bonus shares for every share held by shareholders.
Just last month, the group announced that it had secured RM 61.9 million of new orders across global markets from Africa, the Americas, Thailand, Indonesia, and Malaysia.
With these new contracts, its order book stood at approximately RM 402.4 million, which will be fulfilled in the next 18 to 24 months.
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Disclosure: Royston Yang does not own shares in any of the companies mentioned.
