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Vietnamese (HOSE) Steel Industry Analysis

UpdatedFeb 26, 2026
DataAggregated Company Financials
Companies12
  • 7D8.8%
  • 3M7.8%
  • 1Y24.0%
  • YTDn/a

In the last week, the Steel industry is up 5.4%, with Hoa Phat Group up 9.1%. In the last 12 months, the industry was up 21%. As for the next few years, earnings are expected to grow by 17% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Feb 2026₫247.0t₫237.0t₫16.7t14.4x14.8x1x
Sat, 24 Jan 2026₫227.1t₫227.1t₫14.2t14.4x16x1x
Mon, 22 Dec 2025₫226.2t₫227.6t₫14.2t13.5x15.9x1x
Wed, 19 Nov 2025₫234.5t₫229.3t₫13.9t15.5x16.8x1x
Fri, 17 Oct 2025₫241.2t₫229.7t₫12.9t17.2x18.7x1x
Sun, 14 Sep 2025₫256.7t₫223.3t₫12.6t18.3x20.4x1.1x
Tue, 12 Aug 2025₫240.8t₫231.0t₫12.9t17.1x18.7x1x
Thu, 10 Jul 2025₫211.7t₫234.3t₫11.6t14.9x18.2x0.9x
Sat, 07 Jun 2025₫186.9t₫234.7t₫12.1t14.3x15.4x0.8x
Mon, 05 May 2025₫180.8t₫234.6t₫11.8t14x15.3x0.8x
Wed, 02 Apr 2025₫194.5t₫227.8t₫12.3t14.7x15.9x0.9x
Fri, 28 Feb 2025₫203.1t₫223.5t₫12.2t13.1x16.7x0.9x
Sun, 26 Jan 2025₫188.5t₫228.8t₫11.7t11.9x16.2x0.8x
Tue, 24 Dec 2024₫193.1t₫221.2t₫11.6t10.5x16.6x0.9x
Thu, 21 Nov 2024₫184.4t₫221.2t₫11.6t11.4x15.9x0.8x
Sat, 19 Oct 2024₫195.3t₫212.4t₫11.2t11.3x17.4x0.9x
Mon, 16 Sep 2024₫182.5t₫212.4t₫11.3t10.8x16.1x0.9x
Wed, 14 Aug 2024₫185.5t₫212.0t₫11.5t11.2x16.2x0.9x
Fri, 12 Jul 2024₫212.7t₫199.6t₫9.1t20.6x23.3x1.1x
Sun, 09 Jun 2024₫214.1t₫199.6t₫9.2t20.9x23.4x1.1x
Tue, 07 May 2024₫194.6t₫211.8t₫8.3t23.6x23.5x0.9x
Thu, 04 Apr 2024₫201.6t₫205.9t₫6.1t25.5x33.1x1x
Sat, 02 Mar 2024₫206.1t₫212.7t₫5.4t40.2x38x1x
Mon, 29 Jan 2024₫192.2t₫208.4t-₫852,252,062,713.0021.6x-225.6x0.9x
Wed, 27 Dec 2023₫187.8t₫208.3t-₫884,825,003,038.0049.7x-212.2x0.9x
Fri, 24 Nov 2023₫174.3t₫208.3t-₫884,825,003,038.0045.9x-197x0.8x
Sun, 22 Oct 2023₫163.1t₫213.5t-₫6,504,937,186,442.004.6x-25.1x0.8x
Tue, 19 Sep 2023₫186.5t₫217.5t-₫6,386,556,204,503.003x-29.2x0.9x
Thu, 17 Aug 2023₫188.0t₫209.2t-₫6,544,759,637,260.003x-28.7x0.9x
Sat, 15 Jul 2023₫183.8t₫233.0t-₫3,145,385,409,995.005.6x-58.4x0.8x
Mon, 12 Jun 2023₫155.3t₫231.1t-₫1,692,396,866,627.002.8x-91.7x0.7x
Wed, 10 May 2023₫146.5t₫236.4t-₫1,734,402,331,333.002.7x-84.5x0.6x
Fri, 07 Apr 2023₫144.9t₫259.9t₫7.1t5.7x20.5x0.6x
Sun, 05 Mar 2023₫137.6t₫259.1t₫7.1t4.1x19.3x0.5x
Price to Earnings Ratio

19.3x


Total Market Cap: ₫137.6tTotal Earnings: ₫7.1tTotal Revenue: ₫259.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Steel Industry Price to Earnings3Y Average -11.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Vietnamese Steel 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 14.3x which is higher than its 3-year average PE of -11.2x.
  • The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 33% per year over the last three years.
  • Meanwhile revenues for these companies have declined 2.9% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Vietnamese Steel compare with similar industries?

VN Market2.07%
Materials9.70%
Metals and Mining8.44%
Steel8.84%
Diversified Metals and Mining6.35%
Aluminum0.56%
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?

CompanyLast Price7D1YValuation
HPG Hoa Phat Group₫29.30k9.1%
+₫18.8t
26.7%PE14.6x
HSG Hoa Sen Group₫16.40k5.8%
+₫558.9b
-8.4%PE14.4x
NKG Nam Kim Steel₫16.15k8.0%
+₫537.1b
11.8%PE36.7x
VGS Vietnam Germany Steel Pipe₫28.00k5.7%
+₫92.3b
1.3%PE7.9x
POM Pomina Steel₫2.81k6.4%
+₫47.4b
-43.7%PS0.4x

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