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Vietnamese (HOSE) Commercial Services Industry Analysis

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies8
  • 7D1.4%
  • 3M7.1%
  • 1Y8.1%
  • YTD-10.0%

Over the last 7 days, the Commercial Services industry has remained flat, although notably Hoaphat Textbook Printing declined by 9.7%. As for the the longer term, the industry is up 7.7% over the past 12 months. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 15 Aug 2025₫7.6t₫8.2t₫663.0b11.8x11.5x0.9x
Sun, 13 Jul 2025₫7.7t₫7.5t₫636.8b11.7x12x1x
Tue, 10 Jun 2025₫7.4t₫7.5t₫636.8b11.1x11.6x1x
Thu, 08 May 2025₫6.8t₫7.3t₫643.1b9.7x10.6x0.9x
Sat, 05 Apr 2025₫6.8t₫7.3t₫643.9b8.9x10.5x0.9x
Mon, 03 Mar 2025₫8.5t₫6.6t₫567.4b11.7x14.9x1.3x
Wed, 29 Jan 2025₫8.1t₫6.0t₫541.6b13.4x14.9x1.4x
Fri, 27 Dec 2024₫8.6t₫5.9t₫541.0b17.1x16x1.5x
Sun, 24 Nov 2024₫7.9t₫5.9t₫541.0b16.3x14.5x1.3x
Tue, 22 Oct 2024₫6.8t₫5.6t₫515.1b11.3x13.2x1.2x
Thu, 19 Sep 2024₫6.8t₫5.6t₫515.1b12.2x13.2x1.2x
Sat, 17 Aug 2024₫6.8t₫5.6t₫515.3b11.8x13.2x1.2x
Mon, 15 Jul 2024₫7.7t₫5.3t₫412.4b16.9x18.6x1.4x
Wed, 12 Jun 2024₫7.8t₫5.3t₫417.3b19x18.8x1.5x
Fri, 10 May 2024₫7.7t₫5.3t₫416.1b19x18.6x1.5x
Sun, 07 Apr 2024₫7.8t₫5.4t₫439.8b23.4x17.7x1.4x
Tue, 05 Mar 2024₫7.7t₫6.0t₫496.9b19.2x15.4x1.3x
Thu, 01 Feb 2024₫7.3t₫5.9t₫406.3b15.7x17.9x1.2x
Sat, 30 Dec 2023₫8.5t₫5.9t₫398.7b16.2x21.4x1.4x
Mon, 27 Nov 2023₫8.1t₫5.9t₫398.7b16.4x20.4x1.4x
Wed, 25 Oct 2023₫8.8t₫5.4t₫414.8b15.5x21.2x1.6x
Fri, 22 Sep 2023₫9.3t₫5.4t₫415.0b14.9x22.4x1.7x
Sun, 20 Aug 2023₫9.1t₫5.4t₫415.0b14.8x22x1.7x
Tue, 18 Jul 2023₫10.6t₫5.6t₫629.2b13.3x16.8x1.9x
Thu, 15 Jun 2023₫10.6t₫5.6t₫629.2b12.6x16.8x1.9x
Sat, 13 May 2023₫10.7t₫5.6t₫629.2b11.9x17x1.9x
Mon, 10 Apr 2023₫10.5t₫6.3t₫672.9b9.6x15.6x1.7x
Wed, 08 Mar 2023₫10.5t₫7.0t₫743.1b11x14.1x1.5x
Fri, 03 Feb 2023₫10.5t₫7.1t₫792.4b9x13.3x1.5x
Sun, 01 Jan 2023₫9.8t₫7.1t₫792.4b8.7x12.4x1.4x
Tue, 29 Nov 2022₫10.0t₫7.1t₫792.4b8.7x12.6x1.4x
Thu, 27 Oct 2022₫10.9t₫6.6t₫690.8b9.7x15.8x1.7x
Sat, 24 Sep 2022₫12.6t₫6.4t₫681.8b13x18.5x2x
Mon, 22 Aug 2022₫11.2t₫6.4t₫681.8b12.4x16.5x1.8x
Price to Earnings Ratio

16.5x


Total Market Cap: ₫11.2tTotal Earnings: ₫681.8bTotal Revenue: ₫6.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Commercial Services Industry Price to Earnings3Y Average 15.9x202320242025
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 11.5x which is lower than its 3-year average PE of 15.9x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.93x.
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 8.6% 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 Market3.89%
Industrials4.97%
Commercial Services1.40%
Office Services and Supplies1.78%
Diversified Support Services1.63%
Commercial Printing-0.42%
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 10.9x.
    • 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 Commercial Printing industry, which is trading below its 3-year average of 30.4x.
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
TLG Thien Long Group₫53.20k1.9%
+₫86.5b
13.9%PE11.8x
ILB Tan Cang - Long Binh ICD₫29.50k2.8%
+₫30.6b
-9.8%PE12.3x
APC An Phu Irradiation₫7.10k3.5%
+₫4.8b
-40.8%n/a
ST8 ST8 Holdings₫6.90k1.8%
+₫3.1b
-10.3%PE21.9x
SDA SIMCO Song Da₫3.50k2.9%
+₫2.6b
-32.7%PE378.9x

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