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Vietnamese (HOSE) Energy Services Industry Analysis

UpdatedMar 03, 2024
DataAggregated Company Financials
  • 7D7.0%
  • 3M2.8%
  • 1Y42.1%
  • YTD4.7%

In the last week, the Energy Services industry is up 7.0%, with Petrovietnam Drilling and Well Services up 12%. This takes the industry's 12 month performance to a gain of 42%. As for the next few years, earnings are expected to grow by 25% per annum.

Industry Valuation and Performance

Has the Vietnamese Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Mar 2024₫37.0t₫27.3t₫1.5t29.3x24.4x1.4x
Tue, 30 Jan 2024₫34.9t₫28.0t₫1.3t37.1x26.4x1.2x
Thu, 28 Dec 2023₫35.9t₫27.9t₫1.3t32.1x27x1.3x
Sat, 25 Nov 2023₫34.3t₫27.8t₫1.3t31x25.9x1.2x
Mon, 23 Oct 2023₫35.9t₫26.9t₫1.2t50x29.7x1.3x
Wed, 20 Sep 2023₫43.8t₫35.8t₫2.2t39.3x19.8x1.2x
Fri, 18 Aug 2023₫39.7t₫35.7t₫2.1t41.9x18.5x1.1x
Sun, 16 Jul 2023₫39.7t₫35.0t₫1.5t21.6x25.6x1.1x
Tue, 13 Jun 2023₫36.2t₫35.0t₫1.5t19.7x23.4x1x
Thu, 11 May 2023₫32.6t₫31.9t₫1.4t12.2x22.6x1x
Sat, 08 Apr 2023₫32.4t₫35.0t₫1.5t16x21.9x0.9x
Mon, 06 Mar 2023₫32.7t₫34.9t₫1.5t16.3x21.3x0.9x
Wed, 01 Feb 2023₫32.2t₫33.8t₫975.1b36.8x33x1x
Fri, 30 Dec 2022₫28.5t₫33.9t₫974.4b31x29.2x0.8x
Sun, 27 Nov 2022₫23.8t₫34.1t₫967.5b27.9x24.6x0.7x
Tue, 25 Oct 2022₫28.7t₫33.8t₫973.0b26.2x29.5x0.8x
Thu, 22 Sep 2022₫33.8t₫33.6t₫974.8b31.5x34.6x1x
Sat, 20 Aug 2022₫32.2t₫33.5t₫941.8b35x34.2x1x
Mon, 18 Jul 2022₫27.2t₫31.8t₫1.2t146.4x23.2x0.9x
Wed, 15 Jun 2022₫34.1t₫31.4t₫1.2t193.7x29.5x1.1x
Fri, 13 May 2022₫29.4t₫31.4t₫1.2t167.2x25.4x0.9x
Sun, 10 Apr 2022₫39.2t₫29.6t₫1.2t166.1x32.2x1.3x
Tue, 08 Mar 2022₫46.6t₫29.5t₫1.3t204x37.1x1.6x
Thu, 03 Feb 2022₫34.3t₫30.0t₫1.1t85.7x31.6x1.1x
Sat, 01 Jan 2022₫35.2t₫29.8t₫1.1t29.5x31.7x1.2x
Mon, 29 Nov 2021₫32.4t₫30.0t₫1.1t27.4x29.9x1.1x
Wed, 27 Oct 2021₫34.9t₫32.2t₫1.0t31.9x33.2x1.1x
Fri, 24 Sep 2021₫31.3t₫32.0t₫1.0t30.9x29.8x1x
Sun, 22 Aug 2021₫27.7t₫32.8t₫890.0b57.5x31.2x0.8x
Fri, 09 Jul 2021₫31.2t₫32.8t₫890.0b66.7x35.1x1x
Thu, 01 Apr 2021₫27.5t₫35.7t₫1.1t117.2x25.5x0.8x
Price to Earnings Ratio


Total Market Cap: ₫27.5tTotal Earnings: ₫1.2tTotal Revenue: ₫37.7tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Energy Services Industry Price to Earnings3Y Average 27.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Vietnamese Energy Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.4x which is lower than its 3-year average PE of 27.4x.
  • The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Energy Services industry have grown 9.7% per year over the last three years.
  • Meanwhile revenues for these companies have declined 10% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Vietnamese Energy industry?

VN Market3.75%
Energy Services6.98%
Oil and Gas Drilling12.17%
Oil and Gas Services2.65%
Industry PE
  • Investors are most optimistic about the Oil and Gas Drilling industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 29.2% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Oil and Gas Services industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 18.2x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Drilling industry, expecting annual earnings growth of 29% over the next 5 years.
  • In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 20% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PVD Petrovietnam Drilling and Well Services₫31.80k12.2%
PVS PetroVietnam Technical Services₫36.90k2.5%
PVC Petrovietnam Chemical and Services₫15.10k5.6%
PVB PetroVietnam Coating₫20.90k1.0%
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