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Vietnamese (HOSE) Financials Sector Analysis

UpdatedDec 03, 2022
DataAggregated Company Financials
Companies59
  • 7D12.0%
  • 3M-11.2%
  • 1Y-22.1%
  • YTD-26.5%

The Financials industry is up 12% in the last week, with Commercial Bank for Foreign Trade of Vietnam up 16%. In the same time, Post & Telecommunication Insurance was down 11%. In contrast, the industry has lost 22% in the last 12 months. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

Has the Vietnamese Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 03 Dec 2022₫1686.7t₫477.1t₫176.8t9.7x9.5x3.5x
Mon, 31 Oct 2022₫1512.3t₫465.5t₫172.7t9x8.8x3.2x
Wed, 28 Sep 2022₫1620.3t₫442.8t₫162.2t11.2x10x3.7x
Fri, 26 Aug 2022₫1897.3t₫437.8t₫162.2t13.1x11.7x4.3x
Sun, 24 Jul 2022₫1720.4t₫418.5t₫151.1t10.4x11.4x4.1x
Tue, 21 Jun 2022₫1575.6t₫423.1t₫151.4t8.8x10.4x3.7x
Thu, 19 May 2022₫1785.4t₫423.2t₫151.4t11.1x11.8x4.2x
Sat, 16 Apr 2022₫2109.6t₫403.3t₫139.2t15.2x15.2x5.2x
Mon, 14 Mar 2022₫2158.7t₫403.9t₫143.6t14.4x15x5.3x
Wed, 09 Feb 2022₫2327.7t₫400.1t₫142.5t15.5x16.3x5.8x
Fri, 07 Jan 2022₫2189.8t₫394.6t₫135.9tn/a16.1x5.5x
Sun, 05 Dec 2021₫2055.1t₫399.4t₫137.2t16.1x15x5.1x
Tue, 02 Nov 2021₫1978.1t₫395.5t₫136.2t15.3x14.5x5x
Thu, 30 Sep 2021₫1882.0t₫387.3t₫132.0t14.6x14.3x4.9x
Sat, 28 Aug 2021₫1842.7t₫389.8t₫132.6t15.1x13.9x4.7x
Sun, 04 Jul 2021₫2075.6t₫389.8t₫132.6t14.3x15.7x5.3x
Wed, 07 Apr 2021₫1586.3t₫371.8t₫124.5t10.7x12.7x4.3x
Sat, 09 Jan 2021₫1361.7t₫344.2t₫105.1t11.4x13x4x
Fri, 02 Oct 2020₫1029.2t₫310.7t₫86.4t10.4x11.9x3.3x
Mon, 06 Jul 2020₫921.3t₫306.5t₫84.5t9.4x10.9x3x
Thu, 09 Apr 2020₫726.8t₫300.8t₫79.4t8x9.2x2.4x
Wed, 01 Jan 2020₫1019.9t₫294.7t₫80.2t10.5x12.7x3.5x
Price to Earnings Ratio

12.8x


Total Market Cap: ₫974.8tTotal Earnings: ₫76.4tTotal Revenue: ₫277.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Financials Sector Price to Earnings3Y Average 12.8x202020212022
Current Industry PE
  • Investors are pessimistic on the Vietnamese Financials 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 9.5x which is lower than its 3-year average PE of 12.8x.
  • The 3-year average PS ratio of 4.1x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 32% per year over the last three years.
  • Revenues for these companies have grown 20% 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 Market10.86%
Financials12.03%
Capital Markets18.14%
Diversified Financial16.50%
Banks11.92%
Insurance4.53%
Mortgage Finance0%
Mortgage REITs0%
Consumer Finance0%
Industry PE
  • Investors are most optimistic about the Diversified Financial industry even though it's trading below its 3-year average PE ratio of 68.0x.
    • 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 below its 3-year average of 12.5x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Capital Markets industry is expected to see its earnings grow by 13% 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
VCB Commercial Bank for Foreign Trade of Vietnam₫85.00k16.3%
+₫56.3t
10.7%PB3.1x
TCB Vietnam Technological and Commercial Bank₫28.80k25.2%
+₫20.4t
-42.6%PB0.9x
VPB Vietnam Prosperity Commercial Bank₫17.30k11.6%
+₫12.0t
-27.3%PB1.2x
MBB Military Commercial Bank₫18.80k16.0%
+₫11.8t
-20.3%PB1.2x
CTG Vietnam Commercial Bank for Industry and Trade₫27.95k8.3%
+₫10.3t
-15.3%PB1.3x
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Latest News

BID

₫41,200.00

Commercial Bank for Investment and Development of Vietnam

7D

3.0%

1Y

23.4%

MBB

₫18,800.00

Military Commercial Bank

7D

16.0%

1Y

-20.3%

TCB

₫28,800.00

Vietnam Technological and Commercial Bank

7D

25.2%

1Y

-42.6%

VPB

₫17,300.00

Vietnam Prosperity Commercial Bank

7D

11.6%

1Y

-27.3%

VCB

₫85,000.00

Commercial Bank for Foreign Trade of Vietnam

7D

16.3%

1Y

10.7%

ACB

₫23,500.00

Asia Commercial Bank

7D

9.3%

1Y

-9.8%

VIB

₫21,400.00

Vietnam International Commercial Bank

7D

16.9%

1Y

-31.9%