Vietnamese (HOSE) Real Estate Sector Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies68
- 7D1.5%
- 3M-21.1%
- 1Y-23.6%
- YTD-13.3%
Over the last 7 days, the Real Estate industry has risen 1.5%, driven by gains from Vinhomes of 4.6%. However, the industry is down 24% over the past year. Earnings are forecast to be flat in the coming years.
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 |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | ₫705.5t | ₫371.6t | ₫54.3t | 20.5x | 13x | 1.9x |
| Tue, 31 Oct 2023 | ₫663.3t | ₫375.1t | ₫54.4t | 21.5x | 12.2x | 1.8x |
| Thu, 28 Sep 2023 | ₫733.8t | ₫341.6t | ₫60.6t | 18.8x | 12.1x | 2.1x |
| Sat, 26 Aug 2023 | ₫864.4t | ₫341.2t | ₫61.0t | 18.4x | 14.2x | 2.5x |
| Mon, 24 Jul 2023 | ₫828.3t | ₫276.8t | ₫53.2t | 19.9x | 15.6x | 3x |
| Wed, 21 Jun 2023 | ₫795.1t | ₫277.7t | ₫53.2t | 23.1x | 15x | 2.9x |
| Fri, 19 May 2023 | ₫783.1t | ₫277.5t | ₫52.9t | 22.5x | 14.8x | 2.8x |
| Sun, 16 Apr 2023 | ₫757.1t | ₫239.3t | ₫48.7t | 21.4x | 15.5x | 3.2x |
| Tue, 14 Mar 2023 | ₫724.4t | ₫239.1t | ₫48.3t | 18.5x | 15x | 3x |
| Thu, 09 Feb 2023 | ₫756.6t | ₫232.6t | ₫51.7t | 20.2x | 14.6x | 3.3x |
| Sat, 07 Jan 2023 | ₫779.5t | ₫232.2t | ₫46.1t | 10.2x | 16.9x | 3.4x |
| Mon, 05 Dec 2022 | ₫892.2t | ₫232.2t | ₫46.1t | 12.5x | 19.3x | 3.8x |
| Wed, 02 Nov 2022 | ₫880.5t | ₫230.8t | ₫43.8t | 12.1x | 20.1x | 3.8x |
| Fri, 30 Sep 2022 | ₫980.5t | ₫233.4t | ₫40.4t | 15.4x | 24.3x | 4.2x |
| Sun, 28 Aug 2022 | ₫1113.0t | ₫233.7t | ₫42.4t | 19.2x | 26.3x | 4.8x |
| Tue, 26 Jul 2022 | ₫1046.8t | ₫279.9t | ₫49.1t | 17x | 21.3x | 3.7x |
| Thu, 23 Jun 2022 | ₫1081.5t | ₫285.0t | ₫50.1t | 13.7x | 21.6x | 3.8x |
| Sat, 21 May 2022 | ₫1132.4t | ₫286.6t | ₫50.7t | 21.8x | 22.4x | 4x |
| Mon, 18 Apr 2022 | ₫1246.1t | ₫300.7t | ₫51.3t | 24x | 24.3x | 4.1x |
| Wed, 16 Mar 2022 | ₫1247.0t | ₫300.5t | ₫51.7t | 23.9x | 24.1x | 4.1x |
| Fri, 11 Feb 2022 | ₫1303.8t | ₫300.5t | ₫51.7t | 25.5x | 25.2x | 4.3x |
| Sun, 09 Jan 2022 | ₫1451.2t | ₫301.7t | ₫59.6t | 30x | 24.3x | 4.8x |
| Tue, 07 Dec 2021 | ₫1318.0t | ₫309.1t | ₫61.5t | 25.7x | 21.4x | 4.3x |
| Thu, 04 Nov 2021 | ₫1271.8t | ₫318.0t | ₫63.2t | 26.6x | 20.1x | 4x |
| Sat, 02 Oct 2021 | ₫1149.0t | ₫325.8t | ₫60.1t | 21.8x | 19.1x | 3.5x |
| Mon, 30 Aug 2021 | ₫1193.9t | ₫332.3t | ₫60.5t | 20x | 19.7x | 3.6x |
| Tue, 06 Jul 2021 | ₫1289.1t | ₫329.0t | ₫59.6t | 18.5x | 21.6x | 3.9x |
| Fri, 09 Apr 2021 | ₫1091.7t | ₫296.9t | ₫50.8t | 18.1x | 21.5x | 3.7x |
| Thu, 31 Dec 2020 | ₫962.8t | ₫277.2t | ₫47.5t | 16.6x | 20.3x | 3.5x |
Price to Earnings Ratio
18.5x
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 13.0x which is lower than its 3-year average PE of 19.7x.
- The 3-year average PS ratio of 3.6x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 3.9% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Vietnamese Real Estate sector?
| VN Market | 0.55% | |
| Real Estate | 1.51% | |
| Specialized REITs | 3.98% | |
| Real Estate | 1.51% | |
| REITS | 0% | |
| Residential REITs | 0% | |
| Hotel and Resort REITs | 0% | |
| Industrial REITs | 0% | |
| Health Care REITs | 0% | |
| Retail REITs | 0% | |
| Office REITs | 0% | |
Industry PE
- Investors are most pessimistic about the Real Estate industry, which is trading below its 3-year average of 19.7x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 0.7% over the next 5 years.
- This is better than its past earnings decline of 11% per year.
- In contrast, the Real Estate industry is expected to see its earnings growth to stay flat 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 | ₫40.90k | 4.6% +₫7.8t | -28.5% | PE4.3x | |
| VIC Vingroup | ₫42.10k | 1.8% +₫2.8t | -38.8% | PE37.1x | |
| SJS Song Da Urban & Industrial Zone Investment and Development | ₫72.80k | 10.5% +₫785.9b | 43.9% | PE48.8x | |
| VRE Vincom Retail | ₫22.80k | 0.9% +₫454.5b | -27.7% | PE14.2x | |
| KOS KOSY | ₫38.75k | 3.7% +₫303.1b | 4.2% | PE538.6x |