Vietnamese (HOSE) Tech Sector Analysis
UpdatedNov 30, 2022
DataAggregated Company Financials
Companies16
- 7D6.1%
- 3M-16.9%
- 1Y-12.7%
- YTD-9.8%
Over the last 7 days, the Tech industry has risen 5.3%, driven by gains from FPT of 5.4%. Meanwhile, Van Lang Technology Development and Investment actually underperformed within the industry, shrinking 15% in the last week. In the past year, the industry is down 15%. Looking forward, earnings are forecast to grow by 19% 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, 30 Nov 2022 | ₫98.1t | ₫76.3t | ₫6.1t | 9.6x | 16.2x | 1.3x |
| Fri, 28 Oct 2022 | ₫102.0t | ₫73.6t | ₫6.0t | 11.8x | 17.1x | 1.4x |
| Sun, 25 Sep 2022 | ₫112.9t | ₫71.1t | ₫5.6t | 15.2x | 20x | 1.6x |
| Tue, 23 Aug 2022 | ₫117.6t | ₫71.1t | ₫5.6t | 16.3x | 20.9x | 1.7x |
| Thu, 21 Jul 2022 | ₫112.6t | ₫68.6t | ₫5.3t | 17.8x | 21.1x | 1.6x |
| Sat, 18 Jun 2022 | ₫121.8t | ₫76.8t | ₫5.4t | 15.6x | 22.5x | 1.6x |
| Mon, 16 May 2022 | ₫104.2t | ₫76.3t | ₫5.4t | 16.2x | 19.4x | 1.4x |
| Wed, 13 Apr 2022 | ₫123.0t | ₫73.7t | ₫5.0t | 25.3x | 24.8x | 1.7x |
| Fri, 11 Mar 2022 | ₫106.9t | ₫73.8t | ₫5.0t | 24.2x | 21.6x | 1.4x |
| Sun, 06 Feb 2022 | ₫99.7t | ₫73.3t | ₫4.9t | 20.6x | 20.2x | 1.4x |
| Tue, 04 Jan 2022 | ₫105.2t | ₫66.8t | ₫4.5t | 24.5x | 23.6x | 1.6x |
| Thu, 02 Dec 2021 | ₫110.6t | ₫66.4t | ₫4.5t | 26x | 24.6x | 1.7x |
| Sat, 30 Oct 2021 | ₫108.0t | ₫66.2t | ₫4.4t | 24.9x | 24.4x | 1.6x |
| Mon, 27 Sep 2021 | ₫103.9t | ₫65.4t | ₫4.2t | 24x | 24.6x | 1.6x |
| Wed, 25 Aug 2021 | ₫98.6t | ₫66.3t | ₫4.2t | 14.3x | 23.2x | 1.5x |
| Thu, 01 Jul 2021 | ₫91.9t | ₫66.3t | ₫4.2t | 14.4x | 21.6x | 1.4x |
| Sun, 04 Apr 2021 | ₫72.0t | ₫62.6t | ₫4.0t | 16.2x | 17.9x | 1.2x |
| Wed, 06 Jan 2021 | ₫55.8t | ₫58.8t | ₫3.8t | 14.1x | 14.7x | 1x |
| Sat, 10 Oct 2020 | ₫46.7t | ₫56.6t | ₫3.5t | 9.4x | 13.2x | 0.8x |
| Fri, 03 Jul 2020 | ₫42.1t | ₫53.6t | ₫3.5t | 8.6x | 11.9x | 0.8x |
| Mon, 06 Apr 2020 | ₫32.2t | ₫52.6t | ₫3.4t | 5.6x | 9.4x | 0.6x |
| Thu, 09 Jan 2020 | ₫45.6t | ₫50.5t | ₫3.3t | 10.1x | 14x | 0.9x |
Price to Earnings Ratio
13.4x
Current Industry PE
- Investors are pessimistic on the Vietnamese Information Technology 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 16.0x which is lower than its 3-year average PE of 17.9x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 17% 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 | 8.11% | |
| Tech | 6.11% | |
| Communications | 10.59% | |
| Electronic Equipment and Components | 9.82% | |
| IT | 5.79% | |
| Tech Hardware | 0% | |
| Semiconductors | 0% | |
| Software | -0.79% | |
Industry PE
- Investors are most optimistic about the IT industry, which is trading close to its 3-year average PE ratio of 18.3x.
- Analysts are expecting annual earnings growth of 19.2%, which is lower than the prior year's growth of 22.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 21% over the next 5 years.
- However this is lower than its past earnings growth rate of 98% per year.
- In contrast, the IT 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FPT FPT | ₫74.30k | 5.4% +₫4.2t | -9.2% | PE16.8x | |
| CMG CMC | ₫39.50k | 11.6% +₫783.1b | -5.2% | PE25.6x | |
| DGW Digiworld | ₫41.40k | 9.8% +₫603.4b | -42.7% | PE7.9x | |
| ELC ELCOM Technology Communications | ₫9.32k | 19.8% +₫90.5b | -56.4% | PE11.4x | |
| UNI Vien Lien | ₫11.50k | 38.6% +₫50.0b | -36.1% | PS614.1x |