Vietnamese (HOSE) Capital Markets Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies29
- 7D0.5%
- 3M-6.6%
- 1Y63.2%
- YTD67.4%
Over the last 7 days, the Capital Markets industry has remained flat, although notably SaiGon - Hanoi Securities gained 3.4%. The past year has been better, since the industry has gained 63% in that time. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Vietnamese Capital Markets Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | ₫193.3t | ₫29.5t | ₫7.4t | 19.6x | 26.1x | 6.6x |
| Tue, 31 Oct 2023 | ₫160.5t | ₫26.4t | ₫7.0t | 17.8x | 23x | 6.1x |
| Thu, 28 Sep 2023 | ₫197.6t | ₫24.7t | ₫5.2t | 24.2x | 37.9x | 8x |
| Sat, 26 Aug 2023 | ₫190.9t | ₫24.7t | ₫5.5t | 21.2x | 34.6x | 7.7x |
| Mon, 24 Jul 2023 | ₫174.0t | ₫24.6t | ₫4.6t | 22.7x | 37.7x | 7.1x |
| Wed, 21 Jun 2023 | ₫160.9t | ₫25.6t | ₫4.4t | 22.9x | 36.7x | 6.3x |
| Fri, 19 May 2023 | ₫138.9t | ₫26.5t | ₫4.8t | 18x | 28.9x | 5.2x |
| Sun, 16 Apr 2023 | ₫127.0t | ₫31.7t | ₫7.6t | 13.3x | 16.7x | 4x |
| Tue, 14 Mar 2023 | ₫112.7t | ₫32.3t | ₫8.2t | 10.8x | 13.8x | 3.5x |
| Thu, 09 Feb 2023 | ₫111.2t | ₫33.2t | ₫9.5t | 10.4x | 11.7x | 3.3x |
| Sat, 07 Jan 2023 | ₫110.9t | ₫31.4t | ₫10.1t | 9.8x | 11x | 3.5x |
| Mon, 05 Dec 2022 | ₫114.5t | ₫29.4t | ₫9.4t | 10x | 12.1x | 3.9x |
| Wed, 02 Nov 2022 | ₫104.6t | ₫29.7t | ₫11.2t | 8.9x | 9.3x | 3.5x |
| Fri, 30 Sep 2022 | ₫130.6t | ₫32.5t | ₫12.9t | 11x | 10.1x | 4x |
| Sun, 28 Aug 2022 | ₫164.8t | ₫32.5t | ₫12.9t | 13.4x | 12.8x | 5.1x |
| Tue, 26 Jul 2022 | ₫122.8t | ₫31.9t | ₫12.4t | 8.8x | 9.9x | 3.9x |
| Thu, 23 Jun 2022 | ₫105.4t | ₫33.8t | ₫13.7t | 7.4x | 7.7x | 3.1x |
| Sat, 21 May 2022 | ₫144.3t | ₫33.8t | ₫13.7t | 9.5x | 10.5x | 4.3x |
| Mon, 18 Apr 2022 | ₫201.1t | ₫32.8t | ₫13.0t | 15.6x | 15.4x | 6.1x |
| Wed, 16 Mar 2022 | ₫198.1t | ₫32.8t | ₫13.3t | 13.9x | 14.9x | 6x |
| Fri, 11 Feb 2022 | ₫204.3t | ₫32.3t | ₫12.8t | 15.1x | 16x | 6.3x |
| Sun, 09 Jan 2022 | ₫240.5t | ₫27.7t | ₫10.8t | 18x | 22.3x | 8.7x |
| Tue, 07 Dec 2021 | ₫218.6t | ₫27.7t | ₫10.8t | 16.8x | 20.2x | 7.9x |
| Thu, 04 Nov 2021 | ₫187.7t | ₫26.0t | ₫10.3t | 17.3x | 18.3x | 7.2x |
| Sat, 02 Oct 2021 | ₫146.3t | ₫23.5t | ₫9.2t | 14.4x | 16x | 6.2x |
| Mon, 30 Aug 2021 | ₫147.0t | ₫24.4t | ₫9.4t | 15.5x | 15.6x | 6x |
| Tue, 06 Jul 2021 | ₫117.9t | ₫24.4t | ₫9.4t | 10.8x | 12.5x | 4.8x |
| Fri, 09 Apr 2021 | ₫75.8t | ₫21.1t | ₫8.2t | 8.8x | 9.3x | 3.6x |
| Thu, 31 Dec 2020 | ₫67.6t | ₫17.2t | ₫5.6t | 11.7x | 12x | 3.9x |
Price to Earnings Ratio
10.2x
Current Industry PE
- Investors are optimistic on the Vietnamese Capital Markets industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 26.1x which is higher than its 3-year average PE of 17.3x.
- The 3-year average PS ratio of 5.3x is lower than the industry's current PS ratio of 6.6x.
Past Earnings Growth
- The earnings for companies in the Capital Markets industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 26% 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 industry?
| VN Market | 0.55% | |
| Financials | -0.30% | |
| Capital Markets | 0.46% | |
| Investment Banking and Brokerage | 0.49% | |
| Financial Exchanges and Data | 0% | |
| Diversified Capital Markets | 0% | |
| Asset Management | -2.82% | |
Industry PE
- Investors are most optimistic about the Investment Banking and Brokerage industry which is trading above its 3-year average PE ratio of 17.1x.
- Analysts are expecting annual earnings growth of 24.9%, which is higher than its past year's earnings decline of 11.3% per year.
- Investors are most pessimistic about the Asset Management industry, which is trading below its 3-year average of 11.9x.
Forecasted Growth
- Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Investment Banking and Brokerage industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| SHS SaiGon - Hanoi Securities | ₫18.40k | 3.4% +₫487.9b | 97.8% | PE28.6x | |
| FTS FPT Securities | ₫42.90k | 2.1% +₫193.1b | 138.9% | PE18.7x | |
| VCI Viet Capital Securities | ₫42.30k | 0.7% +₫131.3b | 68.2% | PE46.6x | |
| MBS MB Securities | ₫21.70k | 0.9% +₫87.5b | 70.9% | PE19.6x | |
| VIX VIX Securities | ₫16.70k | 0.6% +₫66.9b | 124.6% | n/a |