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Vietnamese (HOSE) IT Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies7
  • 7D0.2%
  • 3M10.4%
  • 1Y78.6%
  • YTD75.1%

The IT is pretty flat in the last 7 days, but CMC has stood out, gaining 4.2%. The past year has been better, since the industry has gained 79% in that time. As for the next few years, earnings are expected to grow by 26% per annum.

Industry Valuation and Performance

Has the Vietnamese IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 22 Dec 2024₫233.6t₫69.1t₫7.3t37.1x32.1x3.4x
Tue, 19 Nov 2024₫210.8t₫69.1t₫7.3t36x28.9x3.1x
Thu, 17 Oct 2024₫211.6t₫66.8t₫6.9t32.4x30.5x3.2x
Sat, 14 Sep 2024₫206.6t₫66.8t₫6.9t31.8x29.8x3.1x
Mon, 12 Aug 2024₫197.6t₫66.8t₫6.9t31x28.5x3x
Wed, 10 Jul 2024₫216.0t₫63.9t₫6.6t32.3x32.6x3.4x
Fri, 07 Jun 2024₫193.4t₫63.9t₫6.6t28.5x29.2x3x
Sun, 05 May 2024₫170.9t₫63.9t₫6.6t25.7x25.8x2.7x
Tue, 02 Apr 2024₫158.6t₫61.6t₫6.3t25.1x25x2.6x
Thu, 29 Feb 2024₫147.9t₫61.6t₫6.3t23.3x23.3x2.4x
Sat, 27 Jan 2024₫131.6t₫59.9t₫6.0t23.4x21.9x2.2x
Mon, 25 Dec 2023₫129.9t₫60.0t₫6.0t23.2x21.6x2.2x
Wed, 22 Nov 2023₫126.3t₫60.0t₫6.0t24x21.1x2.1x
Fri, 20 Oct 2023₫135.3t₫56.7t₫5.7t23.4x23.8x2.4x
Sun, 17 Sep 2023₫143.2t₫56.7t₫5.7t24.5x25.1x2.5x
Tue, 15 Aug 2023₫122.5t₫56.7t₫5.7t25.4x21.5x2.2x
Thu, 13 Jul 2023₫104.4t₫55.0t₫5.4t20.9x19.2x1.9x
Sat, 10 Jun 2023₫101.4t₫55.0t₫5.4t20.1x18.6x1.8x
Mon, 08 May 2023₫95.1t₫55.0t₫5.4t21.2x17.5x1.7x
Wed, 05 Apr 2023₫97.2t₫53.2t₫5.2t25.3x18.7x1.8x
Fri, 03 Mar 2023₫96.6t₫53.1t₫5.2t20.7x18.6x1.8x
Sun, 29 Jan 2023₫101.5t₫52.7t₫5.2t20.5x19.6x1.9x
Tue, 27 Dec 2022₫93.9t₫50.2t₫5.2t14.6x18x1.9x
Thu, 24 Nov 2022₫84.9t₫50.3t₫5.2t12.7x16.3x1.7x
Sat, 22 Oct 2022₫88.0t₫47.4t₫4.8t14.7x18.2x1.9x
Mon, 19 Sep 2022₫99.7t₫47.4t₫4.8t18x20.6x2.1x
Wed, 17 Aug 2022₫106.1t₫47.4t₫4.8t19.9x21.9x2.2x
Fri, 15 Jul 2022₫98.6t₫45.5t₫4.6t19.3x21.6x2.2x
Sun, 12 Jun 2022₫108.6t₫45.5t₫4.6t21.6x23.7x2.4x
Tue, 10 May 2022₫93.6t₫45.0t₫4.5t20.1x20.6x2.1x
Thu, 07 Apr 2022₫111.8t₫42.9t₫4.2t30.7x26.6x2.6x
Sat, 05 Mar 2022₫92.8t₫42.6t₫4.2t25.2x22.2x2.2x
Mon, 31 Jan 2022₫88.4t₫42.8t₫4.2t26.9x21.1x2.1x
Wed, 29 Dec 2021₫93.7t₫40.0t₫3.9t31.1x23.8x2.3x
Price to Earnings Ratio

23.8x


Total Market Cap: ₫93.7tTotal Earnings: ₫3.9tTotal Revenue: ₫40.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese IT Industry Price to Earnings3Y Average 22.9x202220232024
Current Industry PE
  • Investors are optimistic on the Vietnamese IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.1x which is higher than its 3-year average PE of 22.9x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 20% 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 industry?

VN Market-0.39%
Tech0.24%
IT0.24%
IT Consulting0.24%
Internet Services and Infrastructure0%
Data Processing Services0%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 22.9x.
    • Analysts are expecting annual earnings growth of 25.6%, which is higher than its past year's earnings growth of 18.4% per year.
  • Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 22.9x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 18% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 26% 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
CMG CMC₫56.50k4.2%
+₫437.9b		42.7%PE35.8x
ELC ELCOM Technology Communications₫27.95k3.3%
+₫75.0b		41.9%PE38.5x
ICT for Telecoms and Informatics₫14.10k14.6%
+₫57.9b		25.9%n/a
VLA Van Lang Technology Development and Investment₫10.40k4.0%
+₫1.6b		-47.5%PE315x
ONE One Technologies₫5.30k3.9%
+₫1.6b		-3.6%PS0.09x
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ICT

₫14,100.00

for Telecoms and Informatics

7D

14.6%

1Y

25.9%

CMG

₫56,500.00

CMC

7D

4.2%

1Y

42.7%

ONE

₫5,300.00

One Technologies

7D

3.9%

1Y

-3.6%

ELC

₫27,950.00

ELCOM Technology Communications

7D

3.3%

1Y

41.9%

VLA

₫10,400.00

Van Lang Technology Development and Investment

7D

4.0%

1Y

-47.5%

SRA

₫2,200.00

SARA Vietnam

7D

-4.3%

1Y

-38.9%