Vietnamese (HOSE) Machinery Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 16 May 2026	₫16.4t	₫7.8t	₫443.6b	8.1x	36.9x	2.1x
Mon, 13 Apr 2026	₫16.5t	₫7.7t	₫438.5b	8.6x	37.5x	2.1x
Wed, 11 Mar 2026	₫14.6t	₫12.7t	₫710.5b	8.4x	20.6x	1.2x
Fri, 06 Feb 2026	₫16.2t	₫12.6t	₫697.2b	8.8x	23.3x	1.3x
Sun, 04 Jan 2026	₫18.9t	₫12.2t	₫700.0b	10.3x	27.1x	1.6x
Tue, 02 Dec 2025	₫20.2t	₫11.9t	₫703.4b	9.8x	28.8x	1.7x
Thu, 30 Oct 2025	₫16.6t	₫12.8t	₫883.1b	9.4x	18.8x	1.3x
Sat, 27 Sep 2025	₫16.7t	₫12.3t	₫857.2b	14.4x	19.5x	1.4x
Mon, 25 Aug 2025	₫15.9t	₫12.3t	₫857.4b	13.7x	18.6x	1.3x
Wed, 23 Jul 2025	₫18.7t	₫12.7t	₫957.9b	14.4x	19.5x	1.5x
Fri, 20 Jun 2025	₫20.7t	₫13.2t	₫1.2t	15.2x	16.7x	1.6x
Sun, 18 May 2025	₫19.2t	₫13.2t	₫1.2t	14.2x	15.4x	1.5x
Tue, 15 Apr 2025	₫17.6t	₫14.1t	₫1.4t	11.3x	12.2x	1.2x
Thu, 13 Mar 2025	₫17.1t	₫14.1t	₫1.4t	11.2x	12.2x	1.2x
Sat, 08 Feb 2025	₫15.2t	₫14.2t	₫1.4t	10.8x	10.9x	1.1x
Mon, 06 Jan 2025	₫14.8t	₫14.2t	₫1.5t	10.5x	9.9x	1x
Wed, 04 Dec 2024	₫14.1t	₫11.4t	₫1.5t	10.6x	9.6x	1.2x
Fri, 01 Nov 2024	₫14.4t	₫10.5t	₫1.3t	11.3x	11x	1.4x
Sun, 29 Sep 2024	₫16.3t	₫10.5t	₫1.3t	11.5x	12.3x	1.5x
Tue, 27 Aug 2024	₫17.9t	₫13.2t	₫1.3t	13.8x	13.4x	1.4x
Thu, 25 Jul 2024	₫17.7t	₫13.0t	₫1.3t	13.9x	14.1x	1.4x
Sat, 22 Jun 2024	₫19.2t	₫10.3t	₫1.3t	11.8x	15.4x	1.9x
Mon, 20 May 2024	₫17.4t	₫10.3t	₫1.3t	12.1x	12.9x	1.7x
Wed, 17 Apr 2024	₫14.9t	₫8.6t	₫714.8b	11x	20.8x	1.7x
Fri, 15 Mar 2024	₫13.7t	₫11.3t	₫719.8b	13.5x	19.1x	1.2x
Sun, 11 Feb 2024	₫13.9t	₫11.3t	₫573.0b	11.2x	24.3x	1.2x
Tue, 09 Jan 2024	₫12.4t	₫8.6t	₫486.1b	9.5x	25.4x	1.4x
Thu, 07 Dec 2023	₫11.9t	₫8.6t	₫486.7b	9.1x	24.4x	1.4x
Sat, 04 Nov 2023	₫10.4t	₫8.5t	₫486.9b	8.2x	21.4x	1.2x
Mon, 02 Oct 2023	₫11.0t	₫8.2t	₫461.6b	9.6x	23.7x	1.3x
Wed, 30 Aug 2023	₫12.6t	₫8.2t	₫461.8b	10.9x	27.3x	1.5x
Fri, 28 Jul 2023	₫9.7t	₫8.0t	₫395.4b	9.1x	24.6x	1.2x
Sun, 25 Jun 2023	₫8.8t	₫8.1t	₫397.2b	8.9x	22.2x	1.1x
Tue, 23 May 2023	₫8.2t	₫7.2t	₫355.9b	8.8x	23.2x	1.1x

Current Industry PE

Investors are optimistic on the Vietnamese Machinery industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 36.8x which is higher than its 3-year average PE of 19.6x.

The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.1x.

Past Earnings Growth

The earnings for companies in the Machinery industry have grown 7.6% per year over the last three years.
Revenues for these companies have grown 2.7% 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 Industrials industry?


VN Market	0.43%
Industrials	-0.51%
Machinery	-0.59%
Industrial Machinery	4.07%
Construction Machinery and Vehicles	-0.88%

Industry PE

Investors are most optimistic about the Construction Machinery and Vehicles industry which is trading above its 3-year average PE ratio of 19.2x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Investors are most pessimistic about the Industrial Machinery industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.0x.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
CTB Hai Duong Pump Manufacturing	₫17.40k	8.1% +₫27.0b	-3.0%	PE9.1x
SRF SEAREFICO	₫7.59k	7.7% +₫18.2b	-16.0%	PE12.8x
CMC CMC Investment JSC	₫9.20k	2.2% +₫1.0b	49.3%	PE5.5x
SHA Son Ha Sai Gon	₫3.95k	0.3% +₫351.2m	1.9%	PE8.1x

New minor risk - Dividend sustainability

The dividend is not well covered by cash flows. Cash payout ratio: 106% Dividend yield: 8.3% 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: Minor Risks Dividend is not well covered by cash flows (106% cash payout ratio). Market cap is less than US$100m (₫338.6b market cap, or US$12.9m).

Vietnamese (HOSE) Machinery Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

New minor risk - Dividend sustainability

First quarter 2026 earnings released: EPS: ₫268 (vs ₫782 in 1Q 2025)

First quarter 2026 earnings released: EPS: ₫28.00 (vs ₫150 in 1Q 2025)

New major risk - Revenue and earnings growth

Son Ha Sai Gon Joint Stock Company, Annual General Meeting, Apr 28, 2026

Hoshizaki Vietnam corporation agreed to acquire an additional 48.62% stake in Asia Refrigeration Industry Joint STOCK Company from SEAREFICO Corporation (HOSE:SRF).

Investor sentiment improves as stock rises 18%