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Vietnamese (HOSE) Commercial Services Industry Analysis

UpdatedSep 29, 2025
DataAggregated Company Financials
Companies8
  • 7D-0.7%
  • 3M2.8%
  • 1Y5.7%
  • YTD-9.7%

Over the last 7 days, the Commercial Services industry has remained flat, although notably Educational Book JSC in Ho Chi Minh City gained 14%. As for the the longer term, the industry is up 5.7% over the past 12 months. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Sep 2025₫7.6t₫8.1t₫668.6b11.1x11.4x0.9x
Wed, 27 Aug 2025₫7.6t₫8.2t₫663.0b11.8x11.5x0.9x
Fri, 25 Jul 2025₫7.7t₫8.2t₫680.0b10.1x11.4x0.9x
Sun, 22 Jun 2025₫7.2t₫7.5t₫636.8b10.7x11.3x1x
Tue, 20 May 2025₫6.7t₫7.3t₫634.6b9.7x10.5x0.9x
Thu, 17 Apr 2025₫6.8t₫7.3t₫638.2b9.9x10.6x0.9x
Sat, 15 Mar 2025₫8.1t₫6.8t₫567.3b11.3x14.4x1.2x
Mon, 10 Feb 2025₫8.2t₫6.0t₫541.6b13.4x15.2x1.4x
Wed, 08 Jan 2025₫8.1t₫5.9t₫541.0b16.3x15.1x1.4x
Fri, 06 Dec 2024₫8.4t₫5.9t₫541.0b16.8x15.4x1.4x
Sun, 03 Nov 2024₫7.0t₫5.8t₫512.6b15.9x13.6x1.2x
Tue, 01 Oct 2024₫6.9t₫5.6t₫515.1b11.9x13.3x1.2x
Thu, 29 Aug 2024₫7.1t₫5.6t₫515.1b11.8x13.8x1.3x
Sat, 27 Jul 2024₫7.4t₫5.3t₫416.4b13.3x17.7x1.4x
Mon, 24 Jun 2024₫7.8t₫5.3t₫412.4b19.2x18.9x1.5x
Wed, 22 May 2024₫6.7t₫5.3t₫416.1b19.9x16x1.3x
Fri, 19 Apr 2024₫7.6t₫5.4t₫439.8b19.5x17.2x1.4x
Sun, 17 Mar 2024₫8.0t₫6.0t₫461.0b21.3x17.4x1.3x
Tue, 13 Feb 2024₫7.5t₫6.0t₫432.8b18.8x17.3x1.2x
Thu, 11 Jan 2024₫7.5t₫5.9t₫398.7b15.7x18.8x1.3x
Sat, 09 Dec 2023₫7.7t₫5.9t₫398.7b16.2x19.3x1.3x
Mon, 06 Nov 2023₫8.5t₫5.3t₫400.2b19.6x21.3x1.6x
Wed, 04 Oct 2023₫9.4t₫5.4t₫414.6b15.4x22.7x1.7x
Fri, 01 Sep 2023₫9.3t₫5.4t₫415.0b15.2x22.5x1.7x
Sun, 30 Jul 2023₫10.5t₫5.5t₫631.7b11.1x16.5x1.9x
Tue, 27 Jun 2023₫10.7t₫5.6t₫629.2b13x16.9x1.9x
Thu, 25 May 2023₫10.9t₫5.6t₫629.2b12.4x17.3x2x
Sat, 22 Apr 2023₫10.3t₫6.3t₫666.9b9.8x15.5x1.6x
Mon, 20 Mar 2023₫10.4t₫7.0t₫743.0b10.7x13.9x1.5x
Wed, 15 Feb 2023₫10.2t₫7.0t₫743.1b10.4x13.7x1.4x
Fri, 13 Jan 2023₫10.4t₫7.1t₫792.4b8.8x13.2x1.5x
Sun, 11 Dec 2022₫10.0t₫7.1t₫792.4b8.5x12.6x1.4x
Tue, 08 Nov 2022₫10.6t₫7.1t₫832.4b8.3x12.7x1.5x
Thu, 06 Oct 2022₫11.5t₫6.4t₫681.8b11.4x16.9x1.8x
Price to Earnings Ratio

16.9x


Total Market Cap: ₫11.5tTotal Earnings: ₫681.8bTotal Revenue: ₫6.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Commercial Services Industry Price to Earnings3Y Average 15.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Vietnamese Commercial 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 11.4x which is lower than its 3-year average PE of 15.6x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.94x.
Past Earnings Growth
  • The earnings for companies in the Commercial Services industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 8.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

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

VN Market0.087%
Industrials-0.44%
Commercial Services-0.65%
Commercial Printing2.44%
Diversified Support Services-0.67%
Office Services and Supplies-1.47%
Industry PE
  • Investors are most optimistic about the Office Services and Supplies industry, which is trading close to its 3-year average PE ratio of 11.0x.
    • Analysts are expecting annual earnings growth of 17.6%, which is higher than its past year's earnings growth of 1.5% per year.
  • Investors are most pessimistic about the Diversified Support Services industry, which is trading below its 3-year average of 1kx.
Forecasted Growth
  • Analysts are most optimistic on the Office Services and Supplies industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings growth rate of 1.5% per year.
  • In contrast, the Office Services and Supplies industry is expected to see its earnings grow by 18% 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
SGD Educational Book JSC in Ho Chi Minh City₫28.80k14.3%
+₫14.6b
110.2%PS0.6x
INN Agriculture Printing and Packaging JSC₫44.80k0.9%
+₫10.8b
24.9%PE10.5x
APC An Phu Irradiation₫7.10k3.5%
+₫4.8b
-40.8%n/a
ST8 ST8 Holdings₫6.65k0.2%
+₫257.2m
-15.6%PE21.1x

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