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Vietnamese (HOSE) Tech Sector Analysis

UpdatedJan 31, 2025
DataAggregated Company Financials
Companies15
  • 7D-0.5%
  • 3M12.3%
  • 1Y67.0%
  • YTD0.4%

Over the last 7 days, the Tech industry has risen 2.4%, driven by gains in Digiworld and CMC of 2.0% and 1.5%, respectively. This takes the industry's 12 month performance to a gain of 74%. Earnings are forecast to grow by 27% annually.

Sector Valuation and Performance

Has the Vietnamese Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 31 Jan 2025₫248.3t₫101.3t₫8.1t31.2x30.7x2.5x
Sun, 29 Dec 2024₫243.4t₫97.8t₫7.8t35.6x31.3x2.5x
Tue, 26 Nov 2024₫219.9t₫97.8t₫7.8t34.1x28.3x2.2x
Thu, 24 Oct 2024₫220.7t₫94.6t₫7.4t32.1x29.8x2.3x
Sat, 21 Sep 2024₫222.0t₫94.5t₫7.4t32.3x30x2.4x
Mon, 19 Aug 2024₫214.8t₫94.5t₫7.4t31.9x29.1x2.3x
Wed, 17 Jul 2024₫222.1t₫91.6t₫7.0t31.5x31.6x2.4x
Fri, 14 Jun 2024₫218.8t₫91.6t₫7.1t30.6x31x2.4x
Sun, 12 May 2024₫191.9t₫91.6t₫7.1t27.5x27.2x2.1x
Tue, 09 Apr 2024₫165.7t₫88.4t₫6.8t24.2x24.5x1.9x
Thu, 07 Mar 2024₫160.0t₫88.6t₫6.8t23.3x23.6x1.8x
Sat, 03 Feb 2024₫150.6t₫88.8t₫6.8t23.9x22.3x1.7x
Mon, 01 Jan 2024₫142.9t₫86.6t₫6.5t23.6x21.9x1.7x
Wed, 29 Nov 2023₫134.9t₫86.5t₫6.5t22.1x20.8x1.6x
Fri, 27 Oct 2023₫128.4t₫86.4t₫6.5t21.4x19.6x1.5x
Sun, 24 Sep 2023₫152.9t₫84.9t₫6.3t23.8x24.4x1.8x
Tue, 22 Aug 2023₫136.1t₫84.9t₫6.3t23.5x21.7x1.6x
Thu, 20 Jul 2023₫118.5t₫83.8t₫6.1t19.5x19.4x1.4x
Sat, 17 Jun 2023₫109.7t₫83.8t₫6.1t18.3x18x1.3x
Mon, 15 May 2023₫103.3t₫82.3t₫6.1t13.9x17x1.3x
Wed, 12 Apr 2023₫104.3t₫84.0t₫6.0t13.3x17.4x1.2x
Fri, 10 Mar 2023₫104.9t₫85.2t₫6.0t18.3x17.4x1.2x
Sun, 05 Feb 2023₫105.6t₫84.7t₫6.0t14.1x17.6x1.2x
Tue, 03 Jan 2023₫100.5t₫85.5t₫6.2t7.2x16.2x1.2x
Thu, 01 Dec 2022₫99.2t₫76.3t₫6.1t10x16.4x1.3x
Sat, 29 Oct 2022₫102.5t₫73.6t₫6.0t11.5x17.2x1.4x
Mon, 26 Sep 2022₫112.9t₫71.1t₫5.6t15.2x20x1.6x
Wed, 24 Aug 2022₫117.8t₫71.1t₫5.6t16.2x20.9x1.7x
Fri, 22 Jul 2022₫113.1t₫68.6t₫5.3t17.7x21.2x1.6x
Sun, 19 Jun 2022₫121.8t₫76.8t₫5.4t15.6x22.5x1.6x
Tue, 17 May 2022₫103.0t₫76.3t₫5.4t16.4x19.2x1.3x
Thu, 14 Apr 2022₫128.5t₫73.7t₫5.0t26.5x25.9x1.7x
Sat, 12 Mar 2022₫105.4t₫73.8t₫5.0t23x21.3x1.4x
Mon, 07 Feb 2022₫99.7t₫73.3t₫4.9t20.6x20.2x1.4x
Price to Earnings Ratio

20.2x


Total Market Cap: ₫99.7tTotal Earnings: ₫4.9tTotal Revenue: ₫73.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Tech Sector Price to Earnings3Y Average 22.7x202320242025
Current Industry PE
  • Investors are optimistic on the Vietnamese Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.7x which is higher than its 3-year average PE of 22.7x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 18% 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 Tech sector?

VN Market0.40%
Tech-0.53%
Electronic Equipment and Components1.05%
Software0%0
Tech Hardware0%0
Semiconductors0%0
Communications-0.16%
IT-0.59%
Industry PE
  • Investors are most optimistic about the Communications industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Software industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.8x.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 18% per year.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 19% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DGW Digiworld₫38.00k1.2%
+₫98.6b
-10.0%PE21.2x
SRA SARA Vietnam₫2.30k9.5%
+₫8.6b
-36.1%n/a
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Latest News

FPT

₫153,400.00

FPT

7D

-0.6%

1Y

76.6%

PSD

₫12,800.00

Petroleum General Distribution Services

7D

-0.8%

1Y

-5.2%

ICT

₫14,500.00

for Telecoms and Informatics

7D

-1.7%

1Y

28.3%

CMG

₫47,100.00

CMC

7D

-0.8%

1Y

27.8%

DGW

₫38,000.00

Digiworld

7D

1.2%

1Y

-10.0%

VTC

₫9,300.00

VTC Telecommunications

7D

-2.1%

1Y

8.1%

SRA

₫2,300.00

SARA Vietnam

7D

9.5%

1Y

-36.1%