Vietnamese (HOSE) Construction and Engineering Industry Analysis

Industry Valuation and Performance

Has the Vietnamese Construction and Engineering Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 29 Jul 2026	₫172.3t	₫220.8t	₫15.0t	10.1x	11.5x	0.8x
Fri, 26 Jun 2026	₫208.7t	₫221.3t	₫15.1t	11x	13.8x	0.9x
Sun, 24 May 2026	₫177.6t	₫221.1t	₫15.1t	11.9x	11.7x	0.8x
Tue, 21 Apr 2026	₫176.9t	₫213.3t	₫15.1t	11.9x	11.7x	0.8x
Thu, 19 Mar 2026	₫171.6t	₫210.9t	₫15.2t	11.7x	11.3x	0.8x
Sat, 14 Feb 2026	₫175.4t	₫211.0t	₫14.9t	12.3x	11.7x	0.8x
Mon, 12 Jan 2026	₫167.4t	₫193.6t	₫12.6t	12.3x	13.2x	0.9x
Wed, 10 Dec 2025	₫172.9t	₫193.1t	₫12.7t	13.1x	13.6x	0.9x
Fri, 07 Nov 2025	₫178.4t	₫193.0t	₫12.6t	13.6x	14.1x	0.9x
Sun, 05 Oct 2025	₫174.4t	₫179.1t	₫7.3t	18.3x	23.8x	1x
Tue, 02 Sep 2025	₫180.5t	₫178.7t	₫7.2t	18.4x	24.9x	1x
Thu, 31 Jul 2025	₫170.7t	₫174.3t	₫7.2t	18.9x	23.8x	1x
Sat, 28 Jun 2025	₫156.3t	₫171.4t	₫7.0t	19.3x	22.2x	0.9x
Mon, 26 May 2025	₫149.4t	₫167.9t	₫7.0t	17.9x	21.3x	0.9x
Wed, 23 Apr 2025	₫138.3t	₫165.2t	₫7.6t	19.6x	18.3x	0.8x
Fri, 21 Mar 2025	₫169.8t	₫150.1t	₫7.2t	20.8x	23.7x	1.1x
Sun, 16 Feb 2025	₫169.3t	₫145.4t	₫6.7t	21.5x	25.3x	1.2x
Tue, 14 Jan 2025	₫162.6t	₫118.6t	₫5.9t	20.3x	27.7x	1.4x
Thu, 12 Dec 2024	₫170.3t	₫119.3t	₫6.1t	18.5x	27.8x	1.4x
Sat, 09 Nov 2024	₫170.2t	₫119.2t	₫6.1t	17x	28x	1.4x
Mon, 07 Oct 2024	₫169.2t	₫107.2t	₫5.3t	17.9x	31.7x	1.6x
Wed, 04 Sep 2024	₫177.6t	₫115.2t	₫5.7t	18.1x	31.2x	1.5x
Fri, 02 Aug 2024	₫172.6t	₫107.8t	₫5.4t	18.2x	31.9x	1.6x
Sun, 30 Jun 2024	₫182.6t	₫98.7t	₫5.2t	20.4x	34.8x	1.8x
Tue, 28 May 2024	₫187.4t	₫98.8t	₫5.2t	19.7x	35.7x	1.9x
Thu, 25 Apr 2024	₫175.8t	₫82.7t	₫4.4t	22.8x	40x	2.1x
Sat, 23 Mar 2024	₫187.6t	₫82.8t	₫4.5t	25.5x	41.3x	2.3x
Mon, 19 Feb 2024	₫177.2t	₫82.6t	₫4.5t	25x	39x	2.1x
Wed, 17 Jan 2024	₫168.5t	₫81.6t	₫3.2t	23.3x	52.2x	2.1x
Fri, 15 Dec 2023	₫168.6t	₫81.0t	₫3.2t	21.2x	52.1x	2.1x
Sun, 12 Nov 2023	₫162.4t	₫81.2t	₫3.2t	20.9x	50.4x	2x
Tue, 10 Oct 2023	₫169.7t	₫83.0t	₫782.6b	31x	216.8x	2x
Thu, 07 Sep 2023	₫171.8t	₫83.0t	₫723.9b	32.8x	237.4x	2.1x
Sat, 05 Aug 2023	₫166.1t	₫81.6t	₫505.2b	34.8x	328.7x	2x

Current Industry PE

Investors are pessimistic on the Vietnamese Construction and Engineering 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 45.2x.

The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.78x.

Past Earnings Growth

The earnings for companies in the Construction and Engineering industry have grown 184% per year over the last three years.
Revenues for these companies have grown 39% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Vietnamese Construction and Engineering compare with similar industries?


VN Market	-2.93%
Industrials	-4.41%
Construction	-3.76%
Construction and Engineering	-3.76%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
PC1 PC1 Group	₫21.40k	4.1% +₫349.6b	0.9%	PE8.6x
HBC Hoa Binh Construction Group	₫5.75k	11.0% +₫197.9b	-42.8%	PE5.9x
SCG SCG Construction Group	₫62.20k	2.5% +₫127.5b	-4.2%	PE15x
HVH HVC Investment and Technology	₫10.90k	9.1% +₫63.6b	-12.5%	PE12.7x
S55 Song Da 5.05 JSC	₫66.00k	10.0% +₫60.0b	13.8%	PE5.9x

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 5.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (47% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (5.4% net profit margin). Market cap is less than US$100m (₫1.34t market cap, or US$50.9m).

Vietnamese (HOSE) Construction and Engineering Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

PC1 Group Joint Stock Company Approves the Appointment of Nguyen Thanh Huong as Chief Financial Officer, Effective 24 July 2026

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of ₫1,500 per share

Consensus revenue estimates fall by 18%

Upcoming dividend of ₫1,500 per share

New minor risk - Profit margin trend

New minor risk - Dividend sustainability

Upcoming dividend of ₫500 per share

No independent directors

Deputy Chairman of the Board recently sold ₫5.5b worth of stock

New minor risk - Share price stability

New minor risk - Share price stability

First quarter 2026 earnings released: EPS: ₫25.42 (vs ₫32.34 in 1Q 2025)

Now 21% undervalued

Full year 2025 earnings released: EPS: ₫963 (vs ₫695 in FY 2024)

Hoa Binh Construction Group Joint Stock Company, Annual General Meeting, Apr 24, 2026