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Vietnamese (HOSE) Banks Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies19
  • 7D1.2%
  • 3M9.4%
  • 1Y51.1%
  • YTD36.6%

Over the last 7 days, the Banks industry has risen 6.7%, driven by gains in Commercial Bank for Foreign Trade of Vietnam and Vietnam Prosperity Commercial Bank of 2.3% and 4.6%, respectively. This takes the industry's 12 month performance to a gain of 54%.

Industry Valuation and Performance

Has the Vietnamese Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Tue, 30 Nov 2021₫1840.5t₫298.1t₫122.1t14.1x
Thu, 28 Oct 2021₫1668.8t₫293.0t₫120.4t13.7x
Sat, 25 Sep 2021₫1683.1t₫290.6t₫118.8t13.5x
Mon, 23 Aug 2021₫1634.3t₫292.2t₫119.1t14.8x
Sat, 10 Jul 2021₫1882.7t₫292.2t₫119.1t16x
Fri, 02 Apr 2021₫1439.3t₫278.4t₫112.3t12.4x
Mon, 04 Jan 2021₫1220.7t₫256.4t₫95.9t9.2x
Thu, 08 Oct 2020₫934.0t₫226.2t₫78.7t10.4x
Wed, 01 Jul 2020₫835.0t₫222.6t₫77.4t7.9x
Sat, 04 Apr 2020₫657.0t₫219.4t₫74.2t6x
Tue, 07 Jan 2020₫911.4t₫214.5t₫73.6t8.2x
Mon, 30 Sep 2019₫840.1t₫199.3t₫70.1t8.3x
Thu, 04 Jul 2019₫740.3t₫189.8t₫63.7t8.3x
Sun, 07 Apr 2019₫782.7t₫182.4t₫60.5t10.2x
Wed, 09 Jan 2019₫697.3t₫177.8t₫57.7t10.7x
PE Ratio

12.2x

Total Market Cap: ₫715.1tTotal Earnings: ₫55.4tTotal Revenue: ₫175.4t0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 10.2x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Banks industry have grown 30% per year over the last three years, and revenues for these companies have grown 19% 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 Banks industry?

Diversified Banks1.31%
Regional Banks-4.71%

Industry PE: Investors are most optimistic about the Regional Banks industry even though it's trading below its 3-year average PE ratio of 485x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Diversified Banks industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 9.7x.

Forecasted Growth: Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 22% over the next 5 years. However this is lower than its past earnings growth rate of 41% per year.

Top Stock Gainers and Losers

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

Company7D1YValuation
VPB Vietnam Prosperity Commercial Bank4.0%+₫6.5t143.2%PB2.7x
SSB Southeast Asia Commercial Bank7.2%+₫3.6tn/an/a
STB Saigon Thuong Tin Commercial Bank1.4%+₫754.1b87.1%PB1.6x
VIB Vietnam International Commercial Bank0.7%+₫465.9b100.3%PB3.4x
MBB Military Commercial Bank0.3%+₫377.8b87.8%PB2x
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