Header cover image

Vietnamese (HOSE) Tech Sector Analysis

UpdatedSep 27, 2023
DataAggregated Company Financials
Companies17
  • 7D-5.2%
  • 3M22.3%
  • 1Y25.7%
  • YTD33.0%

Over the last 7 days, the Tech industry has dropped 3.0%, driven by a pullback from FPT of 4.2%. In the past year, the industry has gained 25%. Earnings are forecast to grow by 23% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 27 Sep 2023₫148.8t₫84.9t₫6.3t23.3x23.7x1.8x
Fri, 25 Aug 2023₫143.3t₫84.9t₫6.3t24x22.8x1.7x
Sun, 23 Jul 2023₫122.5t₫86.1t₫6.4t19.2x19.3x1.4x
Tue, 20 Jun 2023₫110.1t₫83.8t₫6.1t18.3x18x1.3x
Thu, 18 May 2023₫104.2t₫82.3t₫6.1t13.8x17.1x1.3x
Sat, 15 Apr 2023₫103.2t₫84.0t₫6.0t12x17.1x1.2x
Mon, 13 Mar 2023₫103.7t₫85.2t₫6.0t18x17.2x1.2x
Wed, 08 Feb 2023₫105.8t₫84.7t₫6.0t14.2x17.6x1.2x
Fri, 06 Jan 2023₫105.2t₫85.5t₫6.2t7.6x16.9x1.2x
Sun, 04 Dec 2022₫103.0t₫76.3t₫6.1t10.9x17x1.3x
Tue, 01 Nov 2022₫102.7t₫73.6t₫6.0t11.3x17.2x1.4x
Thu, 29 Sep 2022₫105.6t₫71.1t₫5.6t13.7x18.7x1.5x
Sat, 27 Aug 2022₫116.6t₫71.1t₫5.6t16.2x20.7x1.6x
Mon, 25 Jul 2022₫112.7t₫68.6t₫5.3t15.3x21.1x1.6x
Wed, 22 Jun 2022₫117.6t₫76.8t₫5.4t14.2x21.8x1.5x
Fri, 20 May 2022₫108.3t₫76.3t₫5.4t18.7x20.2x1.4x
Sun, 17 Apr 2022₫129.6t₫73.7t₫5.0t26.5x26.2x1.8x
Tue, 15 Mar 2022₫103.7t₫73.8t₫5.0t21.5x20.9x1.4x
Thu, 10 Feb 2022₫101.4t₫73.3t₫4.9t20.9x20.6x1.4x
Sat, 08 Jan 2022₫105.6t₫66.8t₫4.5t24.6x23.7x1.6x
Mon, 06 Dec 2021₫107.5t₫66.4t₫4.5t25.1x23.9x1.6x
Wed, 03 Nov 2021₫108.0t₫66.2t₫4.4t7.9x24.4x1.6x
Fri, 01 Oct 2021₫104.3t₫65.4t₫4.2t24.1x24.7x1.6x
Sun, 29 Aug 2021₫98.9t₫66.3t₫4.2t14.3x23.3x1.5x
Mon, 05 Jul 2021₫91.9t₫66.3t₫4.2t14.4x21.6x1.4x
Thu, 08 Apr 2021₫72.0t₫62.6t₫4.0t16.2x17.9x1.2x
Sun, 10 Jan 2021₫55.8t₫58.8t₫3.8t14.1x14.7x1x
Sat, 03 Oct 2020₫46.7t₫56.6t₫3.5t9.4x13.2x0.8x
Price to Earnings Ratio

13.2x


Total Market Cap: ₫46.7tTotal Earnings: ₫3.5tTotal Revenue: ₫56.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Tech Sector Price to Earnings3Y Average 19.6x202120222023
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 23.7x which is higher than its 3-year average PE of 19.6x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 14% 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 Market-6.09%
Tech-5.21%
Tech Hardware0%
Semiconductors0%
IT-4.87%
Communications-4.93%
Software-6.79%
Electronic Equipment and Components-9.89%
Industry PE
    • Investors are most pessimistic about the Electronic Equipment and Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.5x.
    Forecasted Growth
    • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 23% over the next 5 years.
    • This is better than its past earnings decline of 44% per year.
    • In contrast, the IT industry is expected to see its earnings grow by 23% 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
    VTC VTC Telecommunications₫10.50k5.0%
    +₫2.3b
    -25.0%n/a
    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

    ELC

    ₫23,300.00

    ELCOM Technology Communications

    7D

    -3.3%

    1Y

    97.5%

    FPT

    ₫94,300.00

    FPT

    7D

    -4.3%

    1Y

    39.0%

    DGW

    ₫57,000.00

    Digiworld

    7D

    -8.9%

    1Y

    -8.5%

    CMG

    ₫48,800.00

    CMC

    7D

    -0.2%

    1Y

    5.2%

    UNI

    ₫9,400.00

    Vien Lien

    7D

    -8.7%

    1Y

    -29.9%

    SRA

    ₫3,800.00

    SARA Vietnam

    7D

    -11.6%

    1Y

    -33.3%