Vietnamese (HOSE) Paper Products Industry Analysis

Industry Valuation and Performance

Has the Vietnamese Paper Products Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 13 Jun 2026	₫5.7t	₫8.8t	₫398.6b	28.8x	14.4x	0.7x
Mon, 11 May 2026	₫5.8t	₫8.7t	₫324.1b	27.8x	17.8x	0.7x
Wed, 08 Apr 2026	₫5.4t	₫8.5t	₫333.3b	23.4x	16.2x	0.6x
Fri, 06 Mar 2026	₫5.7t	₫8.5t	₫533.3b	16.4x	10.7x	0.7x
Sun, 01 Feb 2026	₫5.7t	₫8.1t	₫434.8b	17.9x	13.1x	0.7x
Tue, 30 Dec 2025	₫5.2t	₫8.1t	₫435.0b	16.9x	11.9x	0.6x
Thu, 27 Nov 2025	₫5.3t	₫8.1t	₫435.0b	17.3x	12.3x	0.7x
Sat, 25 Oct 2025	₫5.3t	₫7.8t	₫401.0b	22.3x	13.3x	0.7x
Mon, 22 Sep 2025	₫5.3t	₫7.8t	₫401.0b	19x	13.3x	0.7x
Wed, 20 Aug 2025	₫4.9t	₫7.8t	₫401.0b	18.2x	12.1x	0.6x
Fri, 18 Jul 2025	₫4.6t	₫7.3t	₫386.2b	23.6x	11.8x	0.6x
Sun, 15 Jun 2025	₫4.0t	₫7.3t	₫386.2b	21.4x	10.3x	0.5x
Tue, 13 May 2025	₫4.0t	₫7.3t	₫386.2b	22x	10.3x	0.5x
Thu, 10 Apr 2025	₫3.4t	₫5.2t	₫353.7b	8.4x	9.7x	0.7x
Sat, 08 Mar 2025	₫4.3t	₫4.8t	₫256.9b	12.9x	16.6x	0.9x
Mon, 03 Feb 2025	₫4.3t	₫4.7t	₫276.9b	13x	15.7x	0.9x
Wed, 01 Jan 2025	₫4.4t	₫3.5t	₫262.1b	11.6x	17x	1.3x
Fri, 29 Nov 2024	₫4.2t	₫3.5t	₫262.1b	10.6x	16x	1.2x
Sun, 27 Oct 2024	₫4.3t	₫3.4t	₫241.0b	11.5x	17.7x	1.2x
Tue, 24 Sep 2024	₫4.5t	₫3.4t	₫241.0b	12.6x	18.8x	1.3x
Thu, 22 Aug 2024	₫4.6t	₫3.4t	₫241.0b	12.9x	19.1x	1.3x
Sat, 20 Jul 2024	₫4.8t	₫3.2t	₫273.1b	11.6x	17.7x	1.5x
Mon, 17 Jun 2024	₫4.9t	₫3.2t	₫273.1b	12.2x	17.9x	1.5x
Wed, 15 May 2024	₫4.7t	₫3.2t	₫272.6b	11.5x	17.3x	1.5x
Fri, 12 Apr 2024	₫4.8t	₫3.3t	₫303.2b	11x	15.8x	1.5x
Sun, 10 Mar 2024	₫4.8t	₫3.3t	₫309.1b	11x	15.7x	1.5x
Tue, 06 Feb 2024	₫4.8t	₫3.3t	₫309.1b	10.9x	15.5x	1.5x
Thu, 04 Jan 2024	₫4.5t	₫3.4t	₫310.0b	9.9x	14.5x	1.3x
Sat, 02 Dec 2023	₫4.4t	₫3.4t	₫310.0b	9.9x	14.3x	1.3x
Mon, 30 Oct 2023	₫4.5t	₫3.6t	₫319.6b	10x	14.2x	1.3x
Wed, 27 Sep 2023	₫4.9t	₫3.6t	₫319.6b	11x	15.4x	1.4x
Fri, 25 Aug 2023	₫4.7t	₫3.6t	₫318.5b	10.1x	14.8x	1.3x
Sun, 23 Jul 2023	₫4.9t	₫3.8t	₫337.7b	10.1x	14.5x	1.3x
Tue, 20 Jun 2023	₫4.8t	₫3.8t	₫337.7b	10.1x	14.3x	1.3x

Current Industry PE

Investors are relatively neutral on the Vietnamese Paper Products industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 14.7x.

The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.65x.

Past Earnings Growth

The earnings for companies in the Paper Products industry have grown 5.7% per year over the last three years.
Revenues for these companies have grown 33% 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 Paper Products compare with similar industries?


VN Market	-2.39%
Materials	-1.45%
Paper and Forestry Products	0.49%
Paper Products	0.33%
Forestry Products	0.56%

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
DHC Dong Hai Ben Tre	₫37.00k	1.8% +₫62.8b	48.6%	PE8x
HHP HHP Global	₫14.70k	2.8% +₫34.6b	71.7%	PE28.8x
VID Vien Dong Investment Development Trading	₫4.91k	0.2% +₫408.4m	-3.3%	PE415.3x

Company

Last Price

Valuation

DHC Dong Hai Ben Tre

₫37.00k

1.8%
+₫62.8b

48.6%

PE8x

HHP HHP Global

₫14.70k

2.8%
+₫34.6b

71.7%

PE28.8x

VID Vien Dong Investment Development Trading

₫4.91k

0.2%
+₫408.4m

-3.3%

PE415.3x

New minor risk - Earnings quality

The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 237% Paying a dividend despite having no free cash flows. Revenue has declined by 4.4% over the past year. Market cap is less than US$10m (₫200.1b market cap, or US$7.60m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.04% net profit margin).

Vietnamese (HOSE) Paper Products Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Upcoming dividend of ₫1,000 per share

New minor risk - Earnings quality

Full year 2025 earnings released: ₫954 loss per share (vs ₫916 profit in FY 2024)

HHP Global joint stock company, Annual General Meeting, May 15, 2026