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Vietnamese (HOSE) Tech Sector Analysis
UpdatedOct 14, 2024
DataAggregated Company Financials
Companies15
- 7D3.9%
- 3M3.2%
- 1Y59.1%
- YTD59.7%
In the last week, the Tech industry is up 3.9%, with FPT up 2.4%. In the same time, SARA Vietnam was down 13%. This takes the industry's 12 month performance to a gain of 59%. Looking forward, earnings are forecast to grow by 25% annually.
Sector Valuation and Performance
Has the Vietnamese Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 16 Oct 2024 | ₫227.9t | ₫94.5t | ₫7.4t | 33.1x | 30.8x | 2.4x |
| Fri, 13 Sep 2024 | ₫217.0t | ₫94.5t | ₫7.4t | 31.6x | 29.4x | 2.3x |
| Sun, 11 Aug 2024 | ₫208.8t | ₫95.0t | ₫7.4t | 31x | 28.3x | 2.2x |
| Tue, 09 Jul 2024 | ₫231.2t | ₫91.6t | ₫7.1t | 32.8x | 32.8x | 2.5x |
| Thu, 06 Jun 2024 | ₫205.9t | ₫91.6t | ₫7.1t | 28.9x | 29.2x | 2.2x |
| Sat, 04 May 2024 | ₫182.1t | ₫91.5t | ₫7.0t | 26.8x | 25.8x | 2x |
| Mon, 01 Apr 2024 | ₫170.7t | ₫88.4t | ₫6.8t | 25.2x | 25.2x | 1.9x |
| Wed, 28 Feb 2024 | ₫157.8t | ₫88.6t | ₫6.8t | 23.5x | 23.3x | 1.8x |
| Fri, 26 Jan 2024 | ₫141.1t | ₫86.0t | ₫6.5t | 22.4x | 21.7x | 1.6x |
| Sun, 24 Dec 2023 | ₫140.0t | ₫86.6t | ₫6.5t | 22.2x | 21.5x | 1.6x |
| Tue, 21 Nov 2023 | ₫134.4t | ₫86.5t | ₫6.5t | 21.7x | 20.7x | 1.6x |
| Thu, 19 Oct 2023 | ₫147.2t | ₫84.9t | ₫6.3t | 23.2x | 23.4x | 1.7x |
| Sat, 16 Sep 2023 | ₫152.2t | ₫84.9t | ₫6.3t | 24x | 24.3x | 1.8x |
| Mon, 14 Aug 2023 | ₫132.1t | ₫84.9t | ₫6.3t | 23.8x | 21x | 1.6x |
| Wed, 12 Jul 2023 | ₫113.6t | ₫83.8t | ₫6.1t | 18.7x | 18.6x | 1.4x |
| Fri, 09 Jun 2023 | ₫107.8t | ₫83.8t | ₫6.1t | 18.1x | 17.7x | 1.3x |
| Sun, 07 May 2023 | ₫102.0t | ₫82.3t | ₫6.1t | 13.5x | 16.7x | 1.2x |
| Tue, 04 Apr 2023 | ₫104.0t | ₫84.0t | ₫6.0t | 12.8x | 17.3x | 1.2x |
| Thu, 02 Mar 2023 | ₫105.0t | ₫85.1t | ₫6.0t | 13.7x | 17.5x | 1.2x |
| Sat, 28 Jan 2023 | ₫110.3t | ₫87.9t | ₫6.2t | 8.5x | 17.8x | 1.3x |
| Mon, 26 Dec 2022 | ₫101.8t | ₫85.5t | ₫6.2t | 7.5x | 16.4x | 1.2x |
| Wed, 23 Nov 2022 | ₫92.4t | ₫76.3t | ₫6.1t | 8.5x | 15.2x | 1.2x |
| Fri, 21 Oct 2022 | ₫104.9t | ₫71.1t | ₫5.6t | 13x | 18.6x | 1.5x |
| Sun, 18 Sep 2022 | ₫113.8t | ₫71.1t | ₫5.6t | 15.7x | 20.2x | 1.6x |
| Tue, 16 Aug 2022 | ₫119.7t | ₫71.1t | ₫5.6t | 16.6x | 21.2x | 1.7x |
| Thu, 14 Jul 2022 | ₫109.1t | ₫68.6t | ₫5.3t | 17.2x | 20.5x | 1.6x |
| Sat, 11 Jun 2022 | ₫122.9t | ₫76.8t | ₫5.4t | 18.2x | 22.7x | 1.6x |
| Mon, 09 May 2022 | ₫113.1t | ₫76.3t | ₫5.4t | 20.9x | 21.1x | 1.5x |
| Wed, 06 Apr 2022 | ₫123.6t | ₫73.7t | ₫5.0t | 25.4x | 25x | 1.7x |
| Fri, 04 Mar 2022 | ₫105.9t | ₫73.5t | ₫4.9t | 24.5x | 21.5x | 1.4x |
| Sun, 30 Jan 2022 | ₫99.7t | ₫73.5t | ₫4.9t | 20.6x | 20.2x | 1.4x |
| Tue, 28 Dec 2021 | ₫107.1t | ₫66.8t | ₫4.5t | 25.8x | 24x | 1.6x |
| Thu, 25 Nov 2021 | ₫111.6t | ₫66.4t | ₫4.5t | 26.6x | 24.8x | 1.7x |
| Sat, 23 Oct 2021 | ₫107.0t | ₫64.9t | ₫4.2t | 24.9x | 25.3x | 1.6x |
Price to Earnings Ratio
25.3x
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 30.8x which is higher than its 3-year average PE of 22.1x.
- The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 13% 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 | 1.26% | |
| Tech | 3.89% | |
| IT | 4.13% | |
| Communications | 3.78% | |
| Tech Hardware | 0% | |
| Semiconductors | 0% | |
| Electronic Equipment and Components | -0.71% | |
| Software | -1.41% | |
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 Electronic Equipment and Components industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.6x.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings growth rate of 17% per year.
- In contrast, the Electronic Equipment and Components industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| FPT FPT | ₫137.00k | 2.4% +₫4.7t | 69.2% | PE30.4x | |
| CMG CMC | ₫52.00k | 4.6% +₫437.9b | 35.3% | PE34.6x | |
| DGW Digiworld | ₫45.10k | 0.4% +₫43.4b | 8.0% | PE26.2x | |
| ELC ELCOM Technology Communications | ₫24.65k | 1.9% +₫37.5b | 44.7% | PE25.3x | |
| PSD Petroleum General Distribution Services | ₫13.00k | 0.8% +₫5.2b | 0.3% | PE9.2x |