Vietnamese (HOSE) Marine Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sun, 23 Aug 2026	₫5.0t	₫7.0t	₫740.3b	10x	6.7x	0.7x
Tue, 21 Jul 2026	₫5.0t	₫6.7t	₫782.5b	7.8x	6.4x	0.7x
Thu, 18 Jun 2026	₫5.5t	₫6.7t	₫782.5b	8.3x	7.1x	0.8x
Sat, 16 May 2026	₫5.7t	₫6.7t	₫784.2b	9.5x	7.2x	0.8x
Mon, 13 Apr 2026	₫5.9t	₫6.5t	₫710.7b	11x	8.3x	0.9x
Wed, 11 Mar 2026	₫6.0t	₫6.5t	₫765.6b	8.8x	7.8x	0.9x
Fri, 06 Feb 2026	₫6.2t	₫6.5t	₫772.7b	9x	8x	1x
Sun, 04 Jan 2026	₫5.9t	₫6.9t	₫505.0b	10.1x	11.8x	0.9x
Tue, 02 Dec 2025	₫6.1t	₫6.9t	₫505.0b	10.2x	12.1x	0.9x
Thu, 30 Oct 2025	₫5.5t	₫7.3t	₫240.3b	10.2x	22.7x	0.7x
Sat, 27 Sep 2025	₫5.6t	₫7.3t	₫208.8b	14.1x	27x	0.8x
Mon, 25 Aug 2025	₫5.7t	₫7.3t	₫208.8b	15.1x	27.4x	0.8x
Wed, 23 Jul 2025	₫5.7t	₫8.2t	₫419.1b	12.7x	13.7x	0.7x
Fri, 20 Jun 2025	₫5.3t	₫8.2t	₫416.3b	12x	12.8x	0.6x
Sun, 18 May 2025	₫5.6t	₫8.2t	₫440.3b	13.4x	12.7x	0.7x
Tue, 15 Apr 2025	₫5.4t	₫8.8t	₫578.5b	13.3x	9.3x	0.6x
Thu, 13 Mar 2025	₫6.3t	₫8.2t	₫516.3b	13.7x	12.2x	0.8x
Sat, 08 Feb 2025	₫6.0t	₫8.2t	₫510.1b	13.7x	11.9x	0.7x
Mon, 06 Jan 2025	₫6.1t	₫2.7t	₫224.5b	9.4x	27x	2.3x
Wed, 04 Dec 2024	₫5.9t	₫2.7t	₫233.5b	7.6x	25.1x	2.2x
Fri, 01 Nov 2024	₫5.4t	₫2.7t	₫223.3b	10.4x	24.1x	2x
Sun, 29 Sep 2024	₫5.9t	₫2.7t	₫223.9b	11.7x	26.3x	2.2x
Tue, 27 Aug 2024	₫6.1t	₫2.7t	₫225.0b	12.1x	26.9x	2.3x
Thu, 25 Jul 2024	₫6.2t	₫2.5t	₫212.6b	12.9x	29.2x	2.4x
Sat, 22 Jun 2024	₫6.8t	₫2.7t	₫213.6b	15.6x	31.7x	2.6x
Mon, 20 May 2024	₫5.8t	₫2.7t	₫213.6b	12.3x	27.2x	2.2x
Wed, 17 Apr 2024	₫5.1t	₫2.7t	₫211.5b	14.3x	23.9x	1.9x
Fri, 15 Mar 2024	₫5.2t	₫2.7t	₫231.3b	11.5x	22.6x	2x
Sun, 11 Feb 2024	₫5.1t	₫2.7t	₫231.3b	11x	21.9x	1.9x
Tue, 09 Jan 2024	₫4.9t	₫2.9t	₫213.5b	9.3x	22.9x	1.7x
Thu, 07 Dec 2023	₫4.9t	₫2.9t	₫213.5b	8.9x	22.8x	1.7x
Sat, 04 Nov 2023	₫4.5t	₫2.9t	₫178.1b	8.5x	25.1x	1.5x
Mon, 02 Oct 2023	₫5.2t	₫3.2t	₫197.7b	9.3x	26.4x	1.6x
Wed, 30 Aug 2023	₫5.2t	₫3.1t	₫180.6b	9.8x	28.5x	1.6x

Current Industry PE

Investors are pessimistic on the Vietnamese Marine 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 6.7x which is lower than its 3-year average PE of 18.8x.

The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.71x.

Past Earnings Growth

The earnings for companies in the Marine industry have grown 60% per year over the last three years.
Revenues for these companies have grown 31% 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 Marine compare with similar industries?


VN Market	2.23%
Industrials	0.84%
Marine and Shipping	0.99%
Marine	0.99%

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
VOS Vietnam Ocean Shipping	₫11.25k	1.8% +₫28.0b	-21.3%	PE4x
SKG Superdong Fast Ferry Kien Giang	₫7.80k	3.3% +₫16.6b	-29.7%	PE10.5x
MHC MHC	₫7.50k	2.6% +₫8.7b	-45.1%	PE3x
PDV Phuong Dong Viet Shipping and Logistics	₫8.32k	1.0% +₫6.3b	n/a	n/a
DS3 DS3	₫4.80k	6.7% +₫3.2b	-25.0%	PE13.7x

New major risk - Shareholder dilution

The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (8.7% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (₫80.5b market cap, or US$3.06m).

Vietnamese (HOSE) Marine Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

New minor risk - Share price stability

New minor risk - Earnings quality

New major risk - Revenue and earnings growth

Second quarter 2026 earnings released: EPS: ₫617 (vs ₫431 in 2Q 2025)

Second quarter 2026 earnings released: EPS: ₫467 (vs ₫233 in 2Q 2025)

Second quarter 2026 earnings released: EPS: ₫390 (vs ₫509 in 2Q 2025)

New major risk - Shareholder dilution

Phuong Dong Viet Shipping and Logistics Corporation, Annual General Meeting, Jun 25, 2026