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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | ₫148.8t | ₫84.9t | ₫6.3t | 23.3x | 23.7x | 1.8x |
| Fri, 25 Aug 2023 | ₫143.3t | ₫84.9t | ₫6.3t | 24x | 22.8x | 1.7x |
| Sun, 23 Jul 2023 | ₫122.5t | ₫86.1t | ₫6.4t | 19.2x | 19.3x | 1.4x |
| Tue, 20 Jun 2023 | ₫110.1t | ₫83.8t | ₫6.1t | 18.3x | 18x | 1.3x |
| Thu, 18 May 2023 | ₫104.2t | ₫82.3t | ₫6.1t | 13.8x | 17.1x | 1.3x |
| Sat, 15 Apr 2023 | ₫103.2t | ₫84.0t | ₫6.0t | 12x | 17.1x | 1.2x |
| Mon, 13 Mar 2023 | ₫103.7t | ₫85.2t | ₫6.0t | 18x | 17.2x | 1.2x |
| Wed, 08 Feb 2023 | ₫105.8t | ₫84.7t | ₫6.0t | 14.2x | 17.6x | 1.2x |
| Fri, 06 Jan 2023 | ₫105.2t | ₫85.5t | ₫6.2t | 7.6x | 16.9x | 1.2x |
| Sun, 04 Dec 2022 | ₫103.0t | ₫76.3t | ₫6.1t | 10.9x | 17x | 1.3x |
| Tue, 01 Nov 2022 | ₫102.7t | ₫73.6t | ₫6.0t | 11.3x | 17.2x | 1.4x |
| Thu, 29 Sep 2022 | ₫105.6t | ₫71.1t | ₫5.6t | 13.7x | 18.7x | 1.5x |
| Sat, 27 Aug 2022 | ₫116.6t | ₫71.1t | ₫5.6t | 16.2x | 20.7x | 1.6x |
| Mon, 25 Jul 2022 | ₫112.7t | ₫68.6t | ₫5.3t | 15.3x | 21.1x | 1.6x |
| Wed, 22 Jun 2022 | ₫117.6t | ₫76.8t | ₫5.4t | 14.2x | 21.8x | 1.5x |
| Fri, 20 May 2022 | ₫108.3t | ₫76.3t | ₫5.4t | 18.7x | 20.2x | 1.4x |
| Sun, 17 Apr 2022 | ₫129.6t | ₫73.7t | ₫5.0t | 26.5x | 26.2x | 1.8x |
| Tue, 15 Mar 2022 | ₫103.7t | ₫73.8t | ₫5.0t | 21.5x | 20.9x | 1.4x |
| Thu, 10 Feb 2022 | ₫101.4t | ₫73.3t | ₫4.9t | 20.9x | 20.6x | 1.4x |
| Sat, 08 Jan 2022 | ₫105.6t | ₫66.8t | ₫4.5t | 24.6x | 23.7x | 1.6x |
| Mon, 06 Dec 2021 | ₫107.5t | ₫66.4t | ₫4.5t | 25.1x | 23.9x | 1.6x |
| Wed, 03 Nov 2021 | ₫108.0t | ₫66.2t | ₫4.4t | 7.9x | 24.4x | 1.6x |
| Fri, 01 Oct 2021 | ₫104.3t | ₫65.4t | ₫4.2t | 24.1x | 24.7x | 1.6x |
| Sun, 29 Aug 2021 | ₫98.9t | ₫66.3t | ₫4.2t | 14.3x | 23.3x | 1.5x |
| Mon, 05 Jul 2021 | ₫91.9t | ₫66.3t | ₫4.2t | 14.4x | 21.6x | 1.4x |
| Thu, 08 Apr 2021 | ₫72.0t | ₫62.6t | ₫4.0t | 16.2x | 17.9x | 1.2x |
| Sun, 10 Jan 2021 | ₫55.8t | ₫58.8t | ₫3.8t | 14.1x | 14.7x | 1x |
| Sat, 03 Oct 2020 | ₫46.7t | ₫56.6t | ₫3.5t | 9.4x | 13.2x | 0.8x |
Price to Earnings Ratio
13.2x
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 Hardware | 0% | |
| Semiconductors | 0% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VTC VTC Telecommunications | ₫10.50k | 5.0% +₫2.3b | -25.0% | n/a |