Vietnamese (HOSE) Real Estate Sector Analysis
UpdatedNov 30, 2022
DataAggregated Company Financials
Companies67
- 7D10.9%
- 3M-22.6%
- 1Y-38.9%
- YTD-41.4%
In the last week, the Real Estate industry is up 2.1%, with Vinhomes up 11%. During this same period, the No Va Land Investment Group underperformed, falling 19%. In contrast, the industry has lost 42% in the last 12 months. As for the next few years, earnings are expected to grow by 14% per annum.
Sector Valuation and Performance
Has the Vietnamese Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | ₫854.1t | ₫232.2t | ₫46.1t | 12.2x | 18.5x | 3.7x |
| Sat, 29 Oct 2022 | ₫882.8t | ₫233.0t | ₫40.0t | 12.1x | 22.1x | 3.8x |
| Mon, 26 Sep 2022 | ₫1068.1t | ₫233.4t | ₫40.4t | 17.3x | 26.5x | 4.6x |
| Wed, 24 Aug 2022 | ₫1104.1t | ₫233.7t | ₫42.4t | 19.3x | 26.1x | 4.7x |
| Fri, 22 Jul 2022 | ₫1049.7t | ₫279.7t | ₫48.9t | 18.6x | 21.5x | 3.8x |
| Sun, 19 Jun 2022 | ₫1108.2t | ₫285.0t | ₫50.1t | 14.9x | 22.1x | 3.9x |
| Tue, 17 May 2022 | ₫1095.3t | ₫286.6t | ₫50.7t | 20.2x | 21.6x | 3.8x |
| Thu, 14 Apr 2022 | ₫1272.5t | ₫300.7t | ₫51.3t | 24.7x | 24.8x | 4.2x |
| Sat, 12 Mar 2022 | ₫1250.1t | ₫300.5t | ₫51.7t | 24.3x | 24.2x | 4.2x |
| Mon, 07 Feb 2022 | ₫1339.3t | ₫300.0t | ₫59.7t | 25.9x | 22.4x | 4.5x |
| Wed, 05 Jan 2022 | ₫1414.1t | ₫301.7t | ₫59.6t | 29.5x | 23.7x | 4.7x |
| Fri, 03 Dec 2021 | ₫1363.1t | ₫309.1t | ₫61.5t | 26.4x | 22.2x | 4.4x |
| Sun, 31 Oct 2021 | ₫1294.2t | ₫324.3t | ₫60.3t | 26.1x | 21.5x | 4x |
| Tue, 28 Sep 2021 | ₫1146.5t | ₫325.8t | ₫60.1t | 21.3x | 19.1x | 3.5x |
| Thu, 26 Aug 2021 | ₫1172.6t | ₫332.3t | ₫60.5t | 19.3x | 19.4x | 3.5x |
| Fri, 02 Jul 2021 | ₫1289.1t | ₫329.0t | ₫59.6t | 18.5x | 21.6x | 3.9x |
| Mon, 05 Apr 2021 | ₫1091.7t | ₫296.9t | ₫50.8t | 18.1x | 21.5x | 3.7x |
| Thu, 07 Jan 2021 | ₫962.8t | ₫277.2t | ₫47.5t | 16.6x | 20.3x | 3.5x |
| Wed, 30 Sep 2020 | ₫818.4t | ₫270.2t | ₫48.4t | 12.2x | 16.9x | 3x |
| Sat, 04 Jul 2020 | ₫746.6t | ₫242.7t | ₫43.1t | 11.6x | 17.3x | 3.1x |
| Tue, 07 Apr 2020 | ₫622.2t | ₫272.0t | ₫48.1t | 7.2x | 12.9x | 2.3x |
| Fri, 10 Jan 2020 | ₫879.9t | ₫284.7t | ₫46.1t | 9.8x | 19.1x | 3.1x |
Price to Earnings Ratio
23.7x
Current Industry PE
- Investors are pessimistic on the Vietnamese Real Estate 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 17.6x which is lower than its 3-year average PE of 20.6x.
- The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 6.4% per year over the last three years.
- Meanwhile revenues for these companies have declined 7.8% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Vietnamese Real Estate sector?
| VN Market | 8.11% | |
| Real Estate | 10.87% | |
| Real Estate | 10.87% | |
| REITS | 4.50% | |
Industry PE
- Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 20.6x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings growth rate of 9.6% per year.
- In contrast, the Real Estate industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VHM Vinhomes | ₫54.50k | 22.7% +₫44.0t | -34.3% | PB1.7x | |
| VIC Vingroup | ₫69.60k | 16.6% +₫36.7t | -34.3% | PB2.3x | |
| VRE Vincom Retail | ₫30.55k | 16.8% +₫10.0t | 2.9% | PB2.1x | |
| BCM Investment and Industrial Development | ₫80.80k | 7.7% +₫6.0t | 48.0% | n/a | |
| KDH Khang Dien House Trading and Investment | ₫27.40k | 25.4% +₫4.0t | -34.5% | PB1.7x |