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Vietnamese (HOSE) Steel Industry Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies12
- 7D-0.9%
- 3M-13.6%
- 1Y-3.4%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 2.4%, driven by a pullback from Hoa Phat Group of 0.4%. On the other hand Pomina Steel is actually up 6.4%. However, the industry is down 4.0% over the past year. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Vietnamese Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 07 Sep 2024 | ₫185.0t | ₫212.4t | ₫11.3t | 10.8x | 16.4x | 0.9x |
| Mon, 05 Aug 2024 | ₫198.2t | ₫211.8t | ₫11.3t | 11.6x | 17.6x | 0.9x |
| Wed, 03 Jul 2024 | ₫211.2t | ₫199.6t | ₫9.2t | 20.5x | 23.1x | 1.1x |
| Fri, 31 May 2024 | ₫205.8t | ₫209.1t | ₫9.5t | 20.1x | 21.8x | 1x |
| Sun, 28 Apr 2024 | ₫188.1t | ₫209.5t | ₫8.2t | 24.6x | 22.9x | 0.9x |
| Tue, 26 Mar 2024 | ₫202.8t | ₫213.8t | ₫6.2t | 23.8x | 32.6x | 0.9x |
| Thu, 22 Feb 2024 | ₫193.8t | ₫212.7t | ₫5.4t | 39.2x | 35.7x | 0.9x |
| Sat, 20 Jan 2024 | ₫188.2t | ₫208.3t | -₫884,335,145,229.00 | 49.4x | -212.8x | 0.9x |
| Mon, 18 Dec 2023 | ₫180.8t | ₫208.3t | -₫884,825,003,038.00 | 47.8x | -204.3x | 0.9x |
| Wed, 15 Nov 2023 | ₫182.0t | ₫208.3t | -₫884,825,003,038.00 | 48x | -205.7x | 0.9x |
| Fri, 13 Oct 2023 | ₫173.8t | ₫213.5t | -₫6,504,892,434,322.00 | 5.1x | -26.7x | 0.8x |
| Sun, 10 Sep 2023 | ₫193.7t | ₫217.5t | -₫6,386,556,204,503.00 | 3x | -30.3x | 0.9x |
| Tue, 08 Aug 2023 | ₫184.3t | ₫209.2t | -₫6,546,630,645,576.00 | 3.1x | -28.2x | 0.9x |
| Thu, 06 Jul 2023 | ₫179.4t | ₫233.0t | -₫3,145,385,409,995.00 | 5.4x | -57x | 0.8x |
| Sat, 03 Jun 2023 | ₫146.0t | ₫231.1t | -₫1,692,396,866,627.00 | 2.8x | -86.3x | 0.6x |
| Mon, 01 May 2023 | ₫145.1t | ₫259.4t | ₫6.9t | 2.7x | 21x | 0.6x |
| Wed, 29 Mar 2023 | ₫140.2t | ₫259.9t | ₫7.1t | 5.4x | 19.7x | 0.5x |
| Fri, 24 Feb 2023 | ₫144.8t | ₫259.1t | ₫7.1t | 4.2x | 20.3x | 0.6x |
| Sun, 22 Jan 2023 | ₫142.2t | ₫293.2t | ₫17.0t | 5.5x | 8.4x | 0.5x |
| Tue, 20 Dec 2022 | ₫134.6t | ₫301.0t | ₫18.7t | 5x | 7.2x | 0.4x |
| Thu, 17 Nov 2022 | ₫89.0t | ₫293.4t | ₫17.1t | 2.9x | 5.2x | 0.3x |
| Sat, 15 Oct 2022 | ₫132.6t | ₫308.2t | ₫33.0t | 4x | 4x | 0.4x |
| Mon, 12 Sep 2022 | ₫163.6t | ₫308.2t | ₫32.7t | 5x | 5x | 0.5x |
| Wed, 10 Aug 2022 | ₫164.8t | ₫309.0t | ₫34.2t | 4.4x | 4.8x | 0.5x |
| Fri, 08 Jul 2022 | ₫147.7t | ₫306.7t | ₫40.8t | 4x | 3.6x | 0.5x |
| Sun, 05 Jun 2022 | ₫176.8t | ₫306.9t | ₫40.8t | 4.4x | 4.3x | 0.6x |
| Tue, 03 May 2022 | ₫229.1t | ₫276.7t | ₫39.4t | 6x | 5.8x | 0.8x |
| Thu, 31 Mar 2022 | ₫249.0t | ₫270.4t | ₫41.9t | 4.9x | 5.9x | 0.9x |
| Sat, 26 Feb 2022 | ₫247.4t | ₫270.4t | ₫41.9t | 5x | 5.9x | 0.9x |
| Mon, 24 Jan 2022 | ₫231.9t | ₫238.8t | ₫38.2t | 4.9x | 6.1x | 1x |
| Wed, 22 Dec 2021 | ₫248.0t | ₫238.6t | ₫38.5t | 5.8x | 6.4x | 1x |
| Fri, 19 Nov 2021 | ₫269.5t | ₫238.6t | ₫38.5t | 7.2x | 7x | 1.1x |
| Sun, 17 Oct 2021 | ₫310.1t | ₫211.6t | ₫30.1t | 10.8x | 10.3x | 1.5x |
| Tue, 14 Sep 2021 | ₫271.4t | ₫223.5t | ₫30.3t | 10.2x | 9x | 1.2x |
Price to Earnings Ratio
9x
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 16.2x which is higher than its 3-year average PE of -16.1x.
- The industry is trading close to its 3-year average PS ratio of 0.80x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 28% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 Steel compare with similar industries?
| VN Market | -0.76% | |
| Materials | -1.18% | |
| Metals and Mining | -1.09% | |
| Steel | -0.86% | |
| Copper | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Aluminum | -0.52% | |
| Diversified Metals and Mining | -3.74% | |
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 | |
|---|---|---|---|---|---|
| POM Pomina Steel | ₫2.81k | 6.4% +₫47.4b | -43.7% | PS0.4x | |
| KVC Kim Vi Inox Import Export Production | ₫1.30k | 18.2% +₫9.9b | -69.8% | PS0.3x | |
| ITQ Thien Quang Group | ₫2.60k | 4.0% +₫3.2b | -18.8% | n/a |