Vietnamese (HOSE) Financials Sector Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies63
- 7D2.1%
- 3M2.5%
- 1Y25.1%
- YTD14.3%
In the last week, the Financials industry is up 2.1%, with Lien Viet Post Commercial Bank leading the way, up 15%. This means that the industry has gained 25% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.
Sector Valuation and Performance
Has the Vietnamese Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | ₫2347.8t | ₫552.4t | ₫210.3t | 12.8x | 11.2x | 4.2x |
| Mon, 15 Apr 2024 | ₫2401.9t | ₫546.0t | ₫206.2t | 14.4x | 11.7x | 4.4x |
| Wed, 13 Mar 2024 | ₫2312.4t | ₫546.8t | ₫208.7t | 13.8x | 11.1x | 4.2x |
| Fri, 09 Feb 2024 | ₫2256.1t | ₫537.0t | ₫203.9t | 13.1x | 11.1x | 4.2x |
| Sun, 07 Jan 2024 | ₫2097.7t | ₫520.3t | ₫190.5t | 14.8x | 11x | 4x |
| Tue, 05 Dec 2023 | ₫1996.5t | ₫512.4t | ₫187.2t | 14x | 10.7x | 3.9x |
| Thu, 02 Nov 2023 | ₫1891.5t | ₫501.2t | ₫186.6t | 11.6x | 10.1x | 3.8x |
| Sat, 30 Sep 2023 | ₫1997.4t | ₫500.5t | ₫186.1t | 12.4x | 10.7x | 4x |
| Mon, 28 Aug 2023 | ₫2007.6t | ₫500.4t | ₫186.1t | 12.3x | 10.8x | 4x |
| Wed, 26 Jul 2023 | ₫2041.4t | ₫484.8t | ₫178.9t | 12.7x | 11.4x | 4.2x |
| Fri, 23 Jun 2023 | ₫1913.0t | ₫479.1t | ₫174.5t | 12.6x | 11x | 4x |
| Sun, 21 May 2023 | ₫1818.5t | ₫480.0t | ₫174.9t | 12.7x | 10.4x | 3.8x |
| Tue, 18 Apr 2023 | ₫1792.2t | ₫487.9t | ₫180.0t | 13.1x | 10x | 3.7x |
| Thu, 16 Mar 2023 | ₫1791.9t | ₫489.3t | ₫183.5t | 10.1x | 9.8x | 3.7x |
| Sat, 11 Feb 2023 | ₫1757.5t | ₫490.2t | ₫183.9t | 9.7x | 9.6x | 3.6x |
| Mon, 09 Jan 2023 | ₫1712.2t | ₫470.5t | ₫173.7t | 9.8x | 9.9x | 3.6x |
| Wed, 07 Dec 2022 | ₫1621.9t | ₫477.1t | ₫176.8t | 9.5x | 9.2x | 3.4x |
| Fri, 04 Nov 2022 | ₫1536.4t | ₫469.6t | ₫174.4t | 8.8x | 8.8x | 3.3x |
| Sun, 02 Oct 2022 | ₫1636.1t | ₫442.8t | ₫162.2t | 11.1x | 10.1x | 3.7x |
| Tue, 30 Aug 2022 | ₫1872.7t | ₫441.1t | ₫161.8t | 12.3x | 11.6x | 4.2x |
| Thu, 28 Jul 2022 | ₫1723.0t | ₫423.4t | ₫152.8t | 10.6x | 11.3x | 4.1x |
| Sat, 25 Jun 2022 | ₫1638.4t | ₫423.1t | ₫151.3t | 9.7x | 10.8x | 3.9x |
| Mon, 23 May 2022 | ₫1777.3t | ₫423.3t | ₫151.4t | 10.8x | 11.7x | 4.2x |
| Wed, 20 Apr 2022 | ₫2016.7t | ₫403.3t | ₫139.2t | 13.8x | 14.5x | 5x |
| Fri, 18 Mar 2022 | ₫2175.8t | ₫403.9t | ₫143.6t | 14.1x | 15.2x | 5.4x |
| Sun, 13 Feb 2022 | ₫2323.4t | ₫401.4t | ₫143.3t | 15.5x | 16.2x | 5.8x |
| Tue, 11 Jan 2022 | ₫2134.3t | ₫394.6t | ₫135.9t | 16.1x | 15.7x | 5.4x |
| Thu, 09 Dec 2021 | ₫2069.7t | ₫399.4t | ₫137.2t | 15.6x | 15.1x | 5.2x |
| Sat, 06 Nov 2021 | ₫2045.4t | ₫396.4t | ₫135.4t | 16.3x | 15.1x | 5.2x |
| Mon, 04 Oct 2021 | ₫1846.2t | ₫387.4t | ₫132.0t | 14.3x | 14x | 4.8x |
| Wed, 01 Sep 2021 | ₫1862.4t | ₫389.8t | ₫132.6t | 15.1x | 14x | 4.8x |
| Thu, 08 Jul 2021 | ₫2075.6t | ₫389.8t | ₫132.6t | 14.3x | 15.7x | 5.3x |
Price to Earnings Ratio
16x
Current Industry PE
- Investors are relatively neutral on the Vietnamese Financials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 12.0x.
- The industry is trading close to its 3-year average PS ratio of 4.3x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Vietnamese Financials sector?
| VN Market | 2.26% | |
| Financials | 2.08% | |
| Diversified Financial | 5.91% | |
| Capital Markets | 4.32% | |
| Banks | 1.84% | |
| Insurance | 0.93% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry even though it's trading below its 3-year average PE ratio of 91.5x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Banks industry, which is trading close to its 3-year average of 11.5x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings growth rate of 6.4% per year.
- In contrast, the Banks industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LPB Lien Viet Post Commercial Bank | ₫23.20k | 15.4% +₫7.9t | 97.2% | n/a | |
| VPB Vietnam Prosperity Commercial Bank | ₫19.40k | 4.9% +₫7.1t | 0.5% | PB1.1x | |
| TCB Vietnam Technological and Commercial Bank | ₫49.75k | 2.6% +₫4.4t | 67.8% | PB1.3x | |
| MBB Military Commercial Bank | ₫23.25k | 2.9% +₫3.4t | 43.4% | PB1.3x | |
| ACB Asia Commercial Bank | ₫28.25k | 2.0% +₫2.1t | 30.2% | PB1.5x |