Have your own idea? Try our Stock Screener
Vietnamese (HOSE) Financials Sector Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies65
- 7D-2.3%
- 3M-3.9%
- 1Y11.2%
- YTD10.0%
Over the last 7 days, the Financials industry has dropped 2.3%, driven by Commercial Bank for Foreign Trade of Vietnam declining 1.6%. This takes the industry's 12 month performance to a gain of 11%. Looking forward, earnings are forecast to grow by 19% annually.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₫2296.6t | ₫594.6t | ₫230.7t | 12x | 10x | 3.9x |
| Sat, 19 Oct 2024 | ₫2452.6t | ₫581.0t | ₫221.8t | 12.2x | 11.1x | 4.2x |
| Mon, 16 Sep 2024 | ₫2305.4t | ₫580.7t | ₫221.7t | 12.1x | 10.4x | 4x |
| Wed, 14 Aug 2024 | ₫2261.9t | ₫580.8t | ₫222.0t | 12x | 10.2x | 3.9x |
| Fri, 12 Jul 2024 | ₫2317.1t | ₫551.6t | ₫209.4t | 13.7x | 11.1x | 4.2x |
| Sun, 09 Jun 2024 | ₫2321.8t | ₫552.4t | ₫210.3t | 13.7x | 11x | 4.2x |
| Tue, 07 May 2024 | ₫2319.7t | ₫553.7t | ₫208.4t | 12.8x | 11.1x | 4.2x |
| Thu, 04 Apr 2024 | ₫2356.6t | ₫545.1t | ₫208.4t | 14.1x | 11.3x | 4.3x |
| Sat, 02 Mar 2024 | ₫2363.0t | ₫540.5t | ₫206.7t | 14.1x | 11.4x | 4.4x |
| Mon, 29 Jan 2024 | ₫2211.2t | ₫520.6t | ₫191.8t | 14.4x | 11.5x | 4.2x |
| Wed, 27 Dec 2023 | ₫1996.8t | ₫523.2t | ₫191.0t | 14.2x | 10.5x | 3.8x |
| Fri, 24 Nov 2023 | ₫1966.2t | ₫512.0t | ₫186.9t | 13.2x | 10.5x | 3.8x |
| Sun, 22 Oct 2023 | ₫1921.3t | ₫499.7t | ₫185.5t | 12.3x | 10.4x | 3.8x |
| Tue, 19 Sep 2023 | ₫2090.3t | ₫500.3t | ₫186.4t | 12.8x | 11.2x | 4.2x |
| Thu, 17 Aug 2023 | ₫2089.3t | ₫500.1t | ₫186.4t | 13.2x | 11.2x | 4.2x |
| Sat, 15 Jul 2023 | ₫1982.3t | ₫489.2t | ₫179.5t | 12.1x | 11x | 4.1x |
| Mon, 12 Jun 2023 | ₫1899.3t | ₫479.5t | ₫174.7t | 12.4x | 10.9x | 4x |
| Wed, 10 May 2023 | ₫1799.8t | ₫491.1t | ₫180.6t | 13x | 10x | 3.7x |
| Fri, 07 Apr 2023 | ₫1818.4t | ₫487.7t | ₫182.5t | 11.8x | 10x | 3.7x |
| Sun, 05 Mar 2023 | ₫1731.0t | ₫489.3t | ₫183.5t | 9.6x | 9.4x | 3.5x |
| Tue, 31 Jan 2023 | ₫1809.5t | ₫472.7t | ₫174.2t | 10.3x | 10.4x | 3.8x |
| Thu, 29 Dec 2022 | ₫1647.7t | ₫478.0t | ₫177.0t | 9.5x | 9.3x | 3.4x |
| Sat, 26 Nov 2022 | ₫1504.4t | ₫477.0t | ₫176.7t | 8.6x | 8.5x | 3.2x |
| Mon, 24 Oct 2022 | ₫1439.2t | ₫454.8t | ₫167.6t | 8.9x | 8.6x | 3.2x |
| Wed, 21 Sep 2022 | ₫1743.1t | ₫442.7t | ₫162.1t | 11.7x | 10.8x | 3.9x |
| Fri, 19 Aug 2022 | ₫1878.0t | ₫441.0t | ₫162.6t | 13.1x | 11.6x | 4.3x |
| Sun, 17 Jul 2022 | ₫1709.2t | ₫417.6t | ₫150.8t | 10.5x | 11.3x | 4.1x |
| Tue, 14 Jun 2022 | ₫1693.3t | ₫423.1t | ₫151.4t | 10.3x | 11.2x | 4x |
| Thu, 12 May 2022 | ₫1877.3t | ₫423.3t | ₫151.5t | 11.4x | 12.4x | 4.4x |
| Sat, 09 Apr 2022 | ₫2193.9t | ₫403.7t | ₫141.1t | 15.1x | 15.6x | 5.4x |
| Mon, 07 Mar 2022 | ₫2220.2t | ₫402.0t | ₫143.8t | 15.2x | 15.4x | 5.5x |
| Wed, 02 Feb 2022 | ₫2298.7t | ₫403.6t | ₫140.7t | 15.4x | 16.3x | 5.7x |
| Fri, 31 Dec 2021 | ₫2142.1t | ₫399.4t | ₫137.2t | 17.6x | 15.6x | 5.4x |
| Sun, 28 Nov 2021 | ₫2191.4t | ₫399.4t | ₫137.2t | 17.4x | 16x | 5.5x |
Price to Earnings Ratio
16x
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 10.0x which is lower than its 3-year average PE of 11.3x.
- The industry is trading close to its 3-year average PS ratio of 4.2x.
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 | -2.34% | |
| Financials | -2.28% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Consumer Finance | 0% | |
| Insurance | -2.00% | |
| Banks | -2.08% | |
| Capital Markets | -4.05% | |
| Diversified Financial | -6.40% | |
Industry PE
- Investors are most optimistic about the Diversified Financial industry even though it's trading below its 3-year average PE ratio of 83.5x.
- 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 below its 3-year average of 10.8x.
Forecasted Growth
- Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 19% over the next 5 years.
- However this is lower than its past earnings growth rate of 28% 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 | |
|---|---|---|---|---|---|
| CTG Vietnam Commercial Bank for Industry and Trade | ₫35.00k | 4.2% +₫7.5t | 33.9% | PB1.3x | |
| TCB Vietnam Technological and Commercial Bank | ₫23.20k | 1.8% +₫2.8t | 52.6% | PB1.1x | |
| VPB Vietnam Prosperity Commercial Bank | ₫19.20k | 1.1% +₫1.6t | 0.3% | PB1.1x | |
| ACB Asia Commercial Bank | ₫24.85k | 1.2% +₫1.3t | 28.7% | PB1.4x | |
| TPB Tien Phong Commercial Bank | ₫16.25k | 3.2% +₫1.3t | 14.7% | PB1.2x |