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Vietnamese (HOSE) Tech Sector Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies15
  • 7D5.9%
  • 3M23.2%
  • 1Y67.6%
  • YTD19.7%

In the last week, the Tech industry is up 5.9%, with FPT up 2.7%. Meanwhile, Vien Lien actually underperformed within the industry, shrinking 10.0% in the last week. In the last 12 months, the industry was up 68%. Looking forward, 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
Mon, 18 Mar 2024₫170.8t₫88.6t₫6.8t25.2x25.2x1.9x
Wed, 14 Feb 2024₫154.1t₫88.7t₫6.8t23.6x22.8x1.7x
Fri, 12 Jan 2024₫141.0t₫86.6t₫6.5t22.8x21.6x1.6x
Sun, 10 Dec 2023₫139.6t₫86.6t₫6.5t22.8x21.5x1.6x
Tue, 07 Nov 2023₫130.3t₫85.7t₫6.5t26.2x20.2x1.5x
Thu, 05 Oct 2023₫147.8t₫84.9t₫6.3t23x23.5x1.7x
Sat, 02 Sep 2023₫153.3t₫84.9t₫6.3t24.5x24.4x1.8x
Mon, 31 Jul 2023₫126.5t₫85.0t₫6.3t23.7x20.1x1.5x
Wed, 28 Jun 2023₫113.7t₫83.8t₫6.1t18.9x18.6x1.4x
Fri, 26 May 2023₫104.0t₫82.3t₫6.1t13.8x17.1x1.3x
Sun, 23 Apr 2023₫103.2t₫84.9t₫6.2t17x16.5x1.2x
Tue, 21 Mar 2023₫100.9t₫85.2t₫6.0t17.6x16.8x1.2x
Thu, 16 Feb 2023₫106.6t₫85.1t₫6.0t14.1x17.7x1.3x
Sat, 14 Jan 2023₫104.4t₫85.5t₫6.2t7.6x16.8x1.2x
Mon, 12 Dec 2022₫102.6t₫76.3t₫6.1t10x16.9x1.3x
Wed, 09 Nov 2022₫96.3t₫75.8t₫6.0t9.7x15.9x1.3x
Fri, 07 Oct 2022₫102.7t₫71.1t₫5.6t13.3x18.2x1.4x
Sun, 04 Sep 2022₫116.3t₫71.1t₫5.6t15.9x20.6x1.6x
Tue, 02 Aug 2022₫112.1t₫70.7t₫5.6t15.1x20x1.6x
Thu, 30 Jun 2022₫118.9t₫76.8t₫5.4t15.6x22x1.5x
Sat, 28 May 2022₫117.9t₫76.8t₫5.4t19x21.8x1.5x
Mon, 25 Apr 2022₫125.1t₫66.5t₫5.2t23.6x24x1.9x
Wed, 23 Mar 2022₫108.8t₫73.8t₫5.0t23.3x22x1.5x
Fri, 18 Feb 2022₫104.5t₫73.5t₫4.9t23.2x21.2x1.4x
Sun, 16 Jan 2022₫102.9t₫66.8t₫4.5t25.2x23.1x1.5x
Tue, 14 Dec 2021₫108.4t₫66.8t₫4.5t25.4x24.3x1.6x
Thu, 11 Nov 2021₫108.2t₫66.4t₫4.5t25.2x24.1x1.6x
Sat, 09 Oct 2021₫110.0t₫65.4t₫4.2t25.6x26.1x1.7x
Mon, 06 Sep 2021₫102.4t₫65.4t₫4.2t20.3x24.3x1.6x
Wed, 04 Aug 2021₫100.7t₫66.3t₫4.2t15.3x23.7x1.5x
Sat, 08 May 2021₫74.5t₫62.6t₫4.0t15.3x18.5x1.2x
Price to Earnings Ratio

17.9x


Total Market Cap: ₫72.0tTotal Earnings: ₫4.0tTotal Revenue: ₫62.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Tech Sector Price to Earnings3Y Average 20.8x202220232024
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 25.2x which is higher than its 3-year average PE of 20.8x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market1.17%
Tech5.93%
Electronic Equipment and Components13.28%
IT5.43%
Software0%
Tech Hardware0%
Semiconductors0%
Communications-0.47%
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, which is trading close to its 3-year average of 6.0x.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings decline of 46% 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
FPT FPT₫113.00k2.7%
+₫3.8t
67.5%PE24.3x
DGW Digiworld₫65.10k9.8%
+₫968.9b
91.5%PE30.7x
CMG CMC₫40.95k4.5%
+₫332.5b
28.2%PE22x
ELC ELCOM Technology Communications₫23.40k4.9%
+₫90.5b
160.0%PE25x
ICT for Telecoms and Informatics₫12.10k2.5%
+₫9.7b
-5.1%n/a
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Latest News

DGW

₫65,100.00

Digiworld

7D

9.8%

1Y

91.5%

FPT

₫113,000.00

FPT

7D

2.7%

1Y

67.5%

UNI

₫7,200.00

Vien Lien

7D

-10.0%

1Y

-20.0%

VLA

₫18,400.00

Van Lang Technology Development and Investment

7D

-5.6%

1Y

n/a

ELC

₫23,400.00

ELCOM Technology Communications

7D

4.9%

1Y

160.0%

CMG

₫40,950.00

CMC

7D

4.5%

1Y

28.2%

ICT

₫12,100.00

for Telecoms and Informatics

7D

2.5%

1Y

-5.1%

SMT

₫5,500.00

Sametel

7D

-3.5%

1Y

-29.5%