Header cover image

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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 Dec 2023₫705.5t₫371.6t₫54.3t20.5x13x1.9x
Tue, 31 Oct 2023₫663.3t₫375.1t₫54.4t21.5x12.2x1.8x
Thu, 28 Sep 2023₫733.8t₫341.6t₫60.6t18.8x12.1x2.1x
Sat, 26 Aug 2023₫864.4t₫341.2t₫61.0t18.4x14.2x2.5x
Mon, 24 Jul 2023₫828.3t₫276.8t₫53.2t19.9x15.6x3x
Wed, 21 Jun 2023₫795.1t₫277.7t₫53.2t23.1x15x2.9x
Fri, 19 May 2023₫783.1t₫277.5t₫52.9t22.5x14.8x2.8x
Sun, 16 Apr 2023₫757.1t₫239.3t₫48.7t21.4x15.5x3.2x
Tue, 14 Mar 2023₫724.4t₫239.1t₫48.3t18.5x15x3x
Thu, 09 Feb 2023₫756.6t₫232.6t₫51.7t20.2x14.6x3.3x
Sat, 07 Jan 2023₫779.5t₫232.2t₫46.1t10.2x16.9x3.4x
Mon, 05 Dec 2022₫892.2t₫232.2t₫46.1t12.5x19.3x3.8x
Wed, 02 Nov 2022₫880.5t₫230.8t₫43.8t12.1x20.1x3.8x
Fri, 30 Sep 2022₫980.5t₫233.4t₫40.4t15.4x24.3x4.2x
Sun, 28 Aug 2022₫1113.0t₫233.7t₫42.4t19.2x26.3x4.8x
Tue, 26 Jul 2022₫1046.8t₫279.9t₫49.1t17x21.3x3.7x
Thu, 23 Jun 2022₫1081.5t₫285.0t₫50.1t13.7x21.6x3.8x
Sat, 21 May 2022₫1132.4t₫286.6t₫50.7t21.8x22.4x4x
Mon, 18 Apr 2022₫1246.1t₫300.7t₫51.3t24x24.3x4.1x
Wed, 16 Mar 2022₫1247.0t₫300.5t₫51.7t23.9x24.1x4.1x
Fri, 11 Feb 2022₫1303.8t₫300.5t₫51.7t25.5x25.2x4.3x
Sun, 09 Jan 2022₫1451.2t₫301.7t₫59.6t30x24.3x4.8x
Tue, 07 Dec 2021₫1318.0t₫309.1t₫61.5t25.7x21.4x4.3x
Thu, 04 Nov 2021₫1271.8t₫318.0t₫63.2t26.6x20.1x4x
Sat, 02 Oct 2021₫1149.0t₫325.8t₫60.1t21.8x19.1x3.5x
Mon, 30 Aug 2021₫1193.9t₫332.3t₫60.5t20x19.7x3.6x
Tue, 06 Jul 2021₫1289.1t₫329.0t₫59.6t18.5x21.6x3.9x
Fri, 09 Apr 2021₫1091.7t₫296.9t₫50.8t18.1x21.5x3.7x
Thu, 31 Dec 2020₫962.8t₫277.2t₫47.5t16.6x20.3x3.5x
Price to Earnings Ratio

18.5x


Total Market Cap: ₫896.3tTotal Earnings: ₫48.4tTotal Revenue: ₫270.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Real Estate Sector Price to Earnings3Y Average 19.7x202120222023
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 Market0.55%
Real Estate1.51%
Specialized REITs3.98%
Real Estate1.51%
REITS0%
Residential REITs0%
Hotel and Resort REITs0%
Industrial REITs0%
Health Care REITs0%
Retail REITs0%
Office REITs0%
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?

    CompanyLast Price7D1YValuation
    VHM Vinhomes₫40.90k4.6%
    +₫7.8t
    -28.5%PE4.3x
    VIC Vingroup₫42.10k1.8%
    +₫2.8t
    -38.8%PE37.1x
    SJS Song Da Urban & Industrial Zone Investment and Development₫72.80k10.5%
    +₫785.9b
    43.9%PE48.8x
    VRE Vincom Retail₫22.80k0.9%
    +₫454.5b
    -27.7%PE14.2x
    KOS KOSY₫38.75k3.7%
    +₫303.1b
    4.2%PE538.6x
    Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

    Latest News

    TIG

    ₫10,200.00

    Thang Long Investment Group

    7D

    -4.7%

    1Y

    40.3%

    NLG

    ₫37,200.00

    Nam Long Investment

    7D

    0.8%

    1Y

    26.7%

    PDR

    ₫27,000.00

    Phat Dat Real Estate Development

    7D

    -1.6%

    1Y

    73.1%

    BCM

    ₫58,200.00

    Investment and Industrial Development Corporation - JSC

    7D

    -1.0%

    1Y

    -28.0%

    VIC

    ₫42,100.00

    Vingroup

    7D

    1.8%

    1Y

    -38.8%

    KBC

    ₫31,550.00

    KinhBac City Development Holding

    7D

    0.6%

    1Y

    46.1%

    CEO

    ₫21,600.00

    C.E.O Group

    7D

    -3.6%

    1Y

    -1.8%

    NVL

    ₫17,700.00

    No Va Land Investment Group

    7D

    0.6%

    1Y

    -25.6%

    VRE

    ₫22,800.00

    Vincom Retail

    7D

    0.9%

    1Y

    -27.7%

    VHM

    ₫40,900.00

    Vinhomes

    7D

    4.6%

    1Y

    -28.5%

    SJS

    ₫72,800.00

    Song Da Urban & Industrial Zone Investment and Development

    7D

    10.5%

    1Y

    43.9%

    CRE

    ₫7,520.00

    Century Land

    7D

    -3.3%

    1Y

    -36.8%

    HDC

    ₫32,950.00

    Ba Ria - Vung Tau House Development

    7D

    -3.1%

    1Y

    7.5%

    KOS

    ₫38,750.00

    KOSY

    7D

    3.7%

    1Y

    4.2%

    LDG

    ₫3,450.00

    LDG Investment

    7D

    -11.3%

    1Y

    -35.7%

    DXS

    ₫6,930.00

    Dat Xanh Real Estate Services

    7D

    -4.4%

    1Y

    18.3%