Vietnamese (HOSE) Auto Components Industry Analysis

Industry Valuation and Performance

Has the Vietnamese Auto Components Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 29 Jul 2026	₫6.2t	₫14.4t	₫326.3b	14.4x	19.1x	0.4x
Fri, 26 Jun 2026	₫6.7t	₫14.5t	₫346.6b	15.1x	19.4x	0.5x
Sun, 24 May 2026	₫6.7t	₫14.5t	₫346.6b	15.7x	19.4x	0.5x
Tue, 21 Apr 2026	₫7.1t	₫14.3t	₫335.0b	17.1x	21.3x	0.5x
Thu, 19 Mar 2026	₫7.2t	₫14.3t	₫345.3b	17.8x	20.7x	0.5x
Sat, 14 Feb 2026	₫7.2t	₫14.3t	₫345.2b	19.3x	20.8x	0.5x
Mon, 12 Jan 2026	₫7.3t	₫14.0t	₫380.0b	16.4x	19.1x	0.5x
Wed, 10 Dec 2025	₫7.3t	₫14.0t	₫380.0b	16.8x	19.2x	0.5x
Fri, 07 Nov 2025	₫7.5t	₫14.0t	₫380.0b	17.1x	19.8x	0.5x
Sun, 05 Oct 2025	₫7.7t	₫13.9t	₫409.9b	17x	18.8x	0.6x
Tue, 02 Sep 2025	₫7.7t	₫13.9t	₫409.9b	17.9x	18.7x	0.5x
Thu, 31 Jul 2025	₫7.6t	₫13.9t	₫409.9b	17.8x	18.4x	0.5x
Sat, 28 Jun 2025	₫6.7t	₫14.0t	₫532.3b	13.8x	12.6x	0.5x
Mon, 26 May 2025	₫6.7t	₫14.0t	₫563.8b	14.1x	11.8x	0.5x
Wed, 23 Apr 2025	₫5.9t	₫14.0t	₫563.9b	12.1x	10.4x	0.4x
Fri, 21 Mar 2025	₫7.7t	₫13.8t	₫614.6b	15x	12.6x	0.6x
Sun, 16 Feb 2025	₫8.2t	₫14.1t	₫636.7b	15.1x	12.8x	0.6x
Tue, 14 Jan 2025	₫7.8t	₫14.0t	₫584.2b	13.4x	13.4x	0.6x
Thu, 12 Dec 2024	₫8.0t	₫14.0t	₫584.2b	14x	13.7x	0.6x
Sat, 09 Nov 2024	₫7.8t	₫14.0t	₫584.2b	13.8x	13.4x	0.6x
Mon, 07 Oct 2024	₫8.1t	₫14.0t	₫573.2b	14.8x	14.2x	0.6x
Wed, 04 Sep 2024	₫9.0t	₫14.0t	₫600.6b	16.4x	15x	0.6x
Fri, 02 Aug 2024	₫8.9t	₫14.0t	₫600.6b	15.8x	14.9x	0.6x
Sun, 30 Jun 2024	₫9.7t	₫13.8t	₫456.4b	26.2x	21.2x	0.7x
Tue, 28 May 2024	₫9.8t	₫13.8t	₫456.4b	25.4x	21.6x	0.7x
Thu, 25 Apr 2024	₫8.6t	₫13.9t	₫454.9b	21.3x	18.8x	0.6x
Sat, 23 Mar 2024	₫8.9t	₫14.1t	₫442.8b	20.2x	20x	0.6x
Mon, 19 Feb 2024	₫8.4t	₫14.1t	₫442.8b	18.1x	18.9x	0.6x
Wed, 17 Jan 2024	₫7.5t	₫13.6t	₫380.1b	20.5x	19.8x	0.6x
Fri, 15 Dec 2023	₫7.1t	₫13.6t	₫380.1b	19.1x	18.7x	0.5x
Sun, 12 Nov 2023	₫7.1t	₫13.6t	₫380.1b	19.9x	18.6x	0.5x
Tue, 10 Oct 2023	₫7.1t	₫14.1t	₫391.9b	20.9x	18x	0.5x
Thu, 07 Sep 2023	₫7.3t	₫14.1t	₫391.9b	22.1x	18.7x	0.5x
Sat, 05 Aug 2023	₫7.4t	₫14.1t	₫397.4b	21.1x	18.7x	0.5x

Current Industry PE

Investors are relatively neutral on the Vietnamese Auto Components 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 17.5x.

The industry is trading close to its 3-year average PS ratio of 0.55x.

Past Earnings Growth

The earnings for companies in the Auto Components industry have declined 6.4% per year over the last three years.
Meanwhile revenues have remained mostly flat.
This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Vietnamese Consumer Discretionary industry?


VN Market	-2.93%
Consumer Discretionary	-7.62%
Auto Components	0.21%
Tires and Rubber	1.64%
Auto Parts and Equipment	-5.59%

Industry PE

Investors are most optimistic about the Tires and Rubber industry which is trading above its 3-year average PE ratio of 18.4x.

Analysts are expecting annual earnings decline of 3.0%, which is less than its past year's earnings decline of 25.8%.

Investors are most pessimistic about the Auto Parts and Equipment industry, which is trading below its 3-year average of 15.3x.

Forecasted Growth

Despite it being negative, analysts are least pessimistic on the Tires and Rubber industry since they expect its earnings to decline by only 3.0% per year over the next 5 years, which isn't as bad as the other industries.
This is an improvement from its past earnings decline of 26% per year.

In contrast, the Tires and Rubber industry is expected to see its earnings decline by 3.0% per year over the next few years.

	Company	Last Price	7D	1Y	Valuation
	SRC Sao Vang Rubber	₫39.90k	3.6% +₫51.1b	83.9%	PE57.8x
	CSM Southern Rubber Industry	₫14.35k	2.9% +₫41.5b	8.7%	PE30.3x

Company

Last Price

Valuation

SRC Sao Vang Rubber

₫39.90k

3.6%
+₫51.1b

83.9%

PE57.8x

CSM Southern Rubber Industry

₫14.35k

2.9%
+₫41.5b

8.7%

PE30.3x

New major risk - Earnings quality

The company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. High level of non-cash earnings (32% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (20% net profit margin). Market cap is less than US$100m (₫573.7b market cap, or US$21.8m).

Vietnamese (HOSE) Auto Components Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Sao Vang Rubber Joint Stock Company Updates Certificate of Business Registration

New major risk - Earnings quality

New minor risk - Profit margin trend

Danang Rubber Joint Stock Company Provides Earnings Guidance for the Third Quarter and Nine Months of 2026

First quarter 2026 earnings released