Vietnamese (HOSE) Market Analysis & Valuation
UpdatedMay 25, 2022
DataAggregated Company Financials
Companies752
- 7D0.2%
- 3M-19.4%
- 1Y-5.7%
- YTD-20.6%
The market is up 3.7% in the last 7 days, led by the Financials and all sectors gaining ground. In contrast, the market has seen a decline of 6.0% over the last 12 months. Looking forward, earnings are forecast to grow by 26% annually.
Market Valuation and Performance
Has the Vietnamese Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Wed, 25 May 2022 | ₫5192.4t | ₫2508.6t | ₫348.1t | 12.6x |
| Fri, 22 Apr 2022 | ₫5782.9t | ₫2401.8t | ₫324.3t | 15.2x |
| Sun, 20 Mar 2022 | ₫6204.1t | ₫2452.3t | ₫336.6t | 16.1x |
| Tue, 15 Feb 2022 | ₫6169.6t | ₫2448.8t | ₫338.0t | 15x |
| Thu, 13 Jan 2022 | ₫6303.4t | ₫2292.8t | ₫320.5t | 16.3x |
| Sat, 11 Dec 2021 | ₫6086.8t | ₫2306.6t | ₫322.8t | 16.5x |
| Mon, 08 Nov 2021 | ₫6017.4t | ₫2297.1t | ₫322.7t | 16.1x |
| Wed, 06 Oct 2021 | ₫5532.6t | ₫2284.7t | ₫309.7t | 14.1x |
| Fri, 03 Sep 2021 | ₫5516.6t | ₫2419.4t | ₫315.7t | 13.8x |
| Sun, 01 Aug 2021 | ₫5254.3t | ₫2419.4t | ₫315.7t | 12.3x |
| Wed, 05 May 2021 | ₫4923.7t | ₫2267.0t | ₫284.8t | 12.3x |
| Sat, 06 Feb 2021 | ₫4162.8t | ₫2221.9t | ₫238.0t | 11.8x |
| Tue, 10 Nov 2020 | ₫3478.5t | ₫2180.5t | ₫213.5t | 10.7x |
| Mon, 03 Aug 2020 | ₫2949.3t | ₫2178.3t | ₫212.8t | 9.4x |
| Thu, 07 May 2020 | ₫2832.3t | ₫2245.0t | ₫216.5t | 9.2x |
| Sun, 09 Feb 2020 | ₫3353.5t | ₫2236.6t | ₫223.7t | 9.7x |
| Sat, 02 Nov 2019 | ₫3527.0t | ₫2221.7t | ₫215.5t | 10.1x |
| Tue, 06 Aug 2019 | ₫3479.9t | ₫2180.7t | ₫206.2t | 10.3x |
Median PE Ratio
10.5x
Current Market PE
- Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
- The market is trading close to its 3-year average PE ratio of 11.8x.
Past Earnings Growth
- The earnings for Vietnamese listed companies have grown 20% per year over the last three years.
- Revenues for these companies have grown 5.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Vietnamese Market?
| VN Market | 0.24% | |
| Utilities | 3.03% | |
| Consumer Staples | 2.02% | |
| Consumer Discretionary | 1.31% | |
| Industrials | 1.05% | |
| Telecom | 0.53% | |
| Real Estate | 0.092% | |
| Tech | -0.35% | |
| Materials | -0.50% | |
| Financials | -0.64% | |
| Energy | -1.04% | |
| Healthcare | -2.26% | |
Sector PE
- Investors are most optimistic about the Real Estate sector which is trading above its 3-year average PE ratio of 15.5x.
- This is likely because analysts are expecting annual earnings growth of 44%, which is higher than its past year's earnings growth of 3.2% per year.
- Investors are most pessimistic about the Telecom sector, which is trading below its 3-year average of 7.2x.
Forecasted Growth
- Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 51% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| MSN Masan Group | ₫109.00k | 13.0% +₫17.7t | 15.1% | PS15.5x | Consumer Staples | |
| GAS Petrovietnam Gas | ₫105.80k | 4.9% +₫9.4t | 27.6% | PS20.8x | Utilities | |
| DGC Duc Giang Chemicals Group | ₫223.00k | 15.7% +₫5.2t | 211.0% | PS11.8x | Materials | |
| BCM Investment and Industrial Development | ₫74.00k | 5.7% +₫4.1t | 33.6% | n/a | Real Estate | |
| SHB Saigon - Hanoi Commercial Bank | ₫14.40k | 10.8% +₫3.7t | -45.9% | PB1x | Financials |