Vietnamese (HOSE) Trade Companies and Distributors Industry Analysis

Industry Valuation and Performance

Has the Vietnamese Trade Companies and Distributors Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 07 Aug 2026	₫5.5t	₫76.0t	-₫469,645,031,519.00	8.2x	-11.7x	0.07x
Sun, 05 Jul 2026	₫5.5t	₫70.1t	-₫750,368,640,636.00	10.3x	-7.4x	0.08x
Tue, 02 Jun 2026	₫5.6t	₫74.9t	-₫692,509,883,593.00	11.1x	-8.1x	0.07x
Thu, 30 Apr 2026	₫6.0t	₫81.7t	₫245.9b	15x	24.4x	0.07x
Sat, 28 Mar 2026	₫6.1t	₫81.9t	₫244.3b	12.6x	25.1x	0.07x
Mon, 23 Feb 2026	₫6.2t	₫81.9t	₫227.1b	13.5x	27.4x	0.08x
Wed, 21 Jan 2026	₫6.0t	₫88.9t	₫342.8b	14.6x	17.4x	0.07x
Fri, 19 Dec 2025	₫5.9t	₫88.5t	₫340.4b	13.5x	17.4x	0.07x
Sun, 16 Nov 2025	₫6.0t	₫90.4t	₫593.8b	12.5x	10.2x	0.07x
Tue, 14 Oct 2025	₫6.2t	₫90.0t	₫596.6b	11x	10.4x	0.07x
Thu, 11 Sep 2025	₫6.4t	₫94.9t	₫609.1b	10.6x	10.4x	0.07x
Sat, 09 Aug 2025	₫6.5t	₫84.4t	₫439.2b	12.6x	14.9x	0.08x
Mon, 07 Jul 2025	₫6.2t	₫83.9t	₫367.9b	11.6x	16.9x	0.07x
Wed, 04 Jun 2025	₫6.7t	₫83.9t	₫368.6b	13.4x	18.3x	0.08x
Fri, 02 May 2025	₫6.8t	₫83.6t	₫357.2b	13.3x	19.1x	0.08x
Sun, 30 Mar 2025	₫7.0t	₫83.3t	₫321.9b	13.2x	21.9x	0.08x
Tue, 25 Feb 2025	₫7.2t	₫82.9t	₫292.9b	13.6x	24.6x	0.09x
Thu, 23 Jan 2025	₫6.7t	₫59.3t	₫213.6b	13.2x	31.3x	0.1x
Sat, 21 Dec 2024	₫6.7t	₫56.6t	₫233.3b	16.9x	28.7x	0.1x
Mon, 18 Nov 2024	₫6.6t	₫58.0t	₫193.0b	16.4x	34.1x	0.1x
Wed, 16 Oct 2024	₫6.8t	₫59.1t	₫212.4b	15.7x	31.9x	0.1x
Fri, 13 Sep 2024	₫6.4t	₫49.8t	₫250.1b	16.3x	25.8x	0.1x
Sun, 11 Aug 2024	₫6.4t	₫46.3t	₫343.0b	15.4x	18.7x	0.1x
Tue, 09 Jul 2024	₫7.2t	₫47.9t	₫385.4b	26.2x	18.6x	0.1x
Thu, 06 Jun 2024	₫7.0t	₫47.9t	₫384.9b	23.8x	18.1x	0.1x
Sat, 04 May 2024	₫6.6t	₫49.1t	₫375.5b	24.7x	17.6x	0.1x
Mon, 01 Apr 2024	₫6.9t	₫49.0t	₫381.2b	16x	18.1x	0.1x
Wed, 28 Feb 2024	₫6.7t	₫49.0t	₫381.3b	15.3x	17.5x	0.1x
Fri, 26 Jan 2024	₫6.4t	₫50.5t	₫300.1b	12.4x	21.4x	0.1x
Sun, 24 Dec 2023	₫7.1t	₫51.4t	₫287.8b	16.7x	24.7x	0.1x
Tue, 21 Nov 2023	₫7.1t	₫51.4t	₫287.8b	15.2x	24.5x	0.1x
Thu, 19 Oct 2023	₫7.3t	₫48.5t	₫269.4b	20.7x	27x	0.2x
Sat, 16 Sep 2023	₫7.8t	₫48.4t	₫264.7b	19.6x	29.4x	0.2x
Mon, 14 Aug 2023	₫8.1t	₫48.4t	₫264.7b	21.4x	30.6x	0.2x

Current Industry PE

Investors are pessimistic on the Vietnamese Trading Companies and Distributors industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading close to its 3-year average PS ratio of 0.11x.

Past Earnings Growth

Total earnings for the Trading Companies and Distributors industry have declined over the last three years, with the industry now making a loss overall.
Meanwhile revenues have grown 16% 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, which has decreased profits.

Industry Comparison

How does Vietnamese Trade Companies and Distributors compare with similar industries?


VN Market	1.37%
Industrials	4.75%
Trade Distributors	0.50%
Trade Companies and Distributors	0.50%

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

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

Company	Last Price	7D	1Y	Valuation
CLM Vinacomin - Coal Import Export	₫58.00k	11.3% +₫85.5b	3.2%	PE9.9x
TSC Techno - Agricultural Supplying	₫2.04k	3.0% +₫11.8b	-38.9%	PS0.6x
TMB Vinacomin - Northern Coal Trading	₫49.40k	1.2% +₫9.0b	-22.6%	PE8.6x
ABS BinhThuan Agriculture Services JSC	₫3.04k	1.0% +₫2.4b	-20.6%	PS1.3x
PSW South West Petrovietnam Fertilizer and Chemicals	₫8.00k	1.3% +₫1.7b	-13.0%	PE6.7x

Company

Last Price

Valuation

CLM Vinacomin - Coal Import Export

₫58.00k

11.3%
+₫85.5b

3.2%

PE9.9x

TSC Techno - Agricultural Supplying

₫2.04k

3.0%
+₫11.8b

-38.9%

PS0.6x

TMB Vinacomin - Northern Coal Trading

₫49.40k

1.2%
+₫9.0b

-22.6%

PE8.6x

ABS BinhThuan Agriculture Services JSC

₫3.04k

1.0%
+₫2.4b

-20.6%

PS1.3x

PSW South West Petrovietnam Fertilizer and Chemicals

₫8.00k

1.3%
+₫1.7b

-13.0%

PE6.7x

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: 4.1% 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 Interest payments are not well covered by earnings (1.4x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₫726.0b market cap, or US$27.6m).

Vietnamese (HOSE) Trade Companies and Distributors Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Upcoming dividend of ₫500 per share

New minor risk - Dividend sustainability

Investor sentiment deteriorates as stock falls 21%

New minor risk - Dividend sustainability

New major risk - Shareholder dilution

Investor sentiment deteriorates as stock falls 19%

New major risk - Revenue size

New major risk - Revenue and earnings growth

New major risk - Earnings quality

Second quarter 2026 earnings released

Second quarter 2026 earnings released: ₫43.00 loss per share (vs ₫3,372 loss in 2Q 2025)

Investor sentiment improves as stock rises 17%

Techno - Agricultural Supplying Joint Stock Company, Annual General Meeting, Apr 16, 2026