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Vietnamese (HOSE) IT Industry Analysis

UpdatedFeb 27, 2024
DataAggregated Company Financials
Companies7
  • 7D2.6%
  • 3M17.6%
  • 1Y53.2%
  • YTD11.1%

Over the last 7 days, the IT industry has risen 2.6%, driven by gains from FPT of 3.5%. In the last 12 months, the industry was up 53%. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024₫147.2t₫61.6t₫6.3t23x23.2x2.4x
Fri, 26 Jan 2024₫130.4t₫59.9t₫6.0t23x21.7x2.2x
Sun, 24 Dec 2023₫129.9t₫60.0t₫6.0t23.2x21.6x2.2x
Tue, 21 Nov 2023₫124.5t₫60.0t₫6.0t22.9x20.8x2.1x
Thu, 19 Oct 2023₫136.9t₫56.7t₫5.7t23.5x24x2.4x
Sat, 16 Sep 2023₫141.0t₫56.7t₫5.7t24.3x24.8x2.5x
Mon, 14 Aug 2023₫121.7t₫56.7t₫5.7t24.2x21.4x2.1x
Wed, 12 Jul 2023₫103.9t₫55.0t₫5.4t20.7x19.1x1.9x
Fri, 09 Jun 2023₫100.1t₫55.0t₫5.4t19.8x18.4x1.8x
Sun, 07 May 2023₫95.1t₫55.0t₫5.4t21.2x17.5x1.7x
Tue, 04 Apr 2023₫97.6t₫53.2t₫5.2t25.3x18.8x1.8x
Thu, 02 Mar 2023₫97.2t₫53.1t₫5.2t21.1x18.8x1.8x
Sat, 28 Jan 2023₫101.5t₫52.7t₫5.2t20.5x19.6x1.9x
Mon, 26 Dec 2022₫93.9t₫50.2t₫5.2t14.6x18x1.9x
Wed, 23 Nov 2022₫85.0t₫50.3t₫5.2t12.8x16.3x1.7x
Fri, 21 Oct 2022₫92.5t₫47.4t₫4.8t15.6x19.1x2x
Sun, 18 Sep 2022₫99.7t₫47.4t₫4.8t17.8x20.6x2.1x
Tue, 16 Aug 2022₫106.3t₫47.4t₫4.8t20.1x21.9x2.2x
Thu, 14 Jul 2022₫98.3t₫45.5t₫4.6t19.2x21.5x2.2x
Sat, 11 Jun 2022₫108.6t₫45.5t₫4.6t21.6x23.7x2.4x
Mon, 09 May 2022₫99.4t₫45.0t₫4.5t21.5x21.9x2.2x
Wed, 06 Apr 2022₫107.9t₫42.9t₫4.2t30.5x25.7x2.5x
Fri, 04 Mar 2022₫92.7t₫42.6t₫4.2t24.7x22.1x2.2x
Sun, 30 Jan 2022₫88.4t₫42.8t₫4.2t26.9x21.1x2.1x
Tue, 28 Dec 2021₫93.8t₫40.0t₫3.9t31.4x23.8x2.3x
Thu, 25 Nov 2021₫97.6t₫40.0t₫3.9t32.6x24.8x2.4x
Sat, 23 Oct 2021₫95.3t₫38.6t₫3.7t36.1x25.7x2.5x
Mon, 20 Sep 2021₫94.6t₫38.6t₫3.7t34.2x25.5x2.4x
Wed, 18 Aug 2021₫91.2t₫39.4t₫3.7t24.5x24.4x2.3x
Wed, 02 Jun 2021₫82.1t₫37.5t₫3.6t22.8x22.8x2.2x
Sat, 06 Mar 2021₫64.2t₫36.3t₫3.4t18.5x18.7x1.8x
Price to Earnings Ratio

18.7x


Total Market Cap: ₫64.2tTotal Earnings: ₫3.4tTotal Revenue: ₫36.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese IT Industry Price to Earnings3Y Average 21.4x202220232024
Current Industry PE
  • Investors are relatively neutral on the Vietnamese IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 21.3x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.4x.
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 19% 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-0.13%
Tech2.12%
IT2.60%
IT Consulting2.60%
Internet Services and Infrastructure0%
Data Processing Services0%
Industry PE
  • Investors are most optimistic about the IT Consulting industry, which is trading close to its 3-year average PE ratio of 21.3x.
    • Analysts expect its future annual earnings growth (23.6%) to be largely in line with prior year's earnings growth.
  • Investors are most pessimistic about the IT Consulting industry, which is trading close to its 3-year average of 21.3x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 24% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 24% 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₫107.90k3.5%
+₫4.6t
54.1%PE23.2x
ELC ELCOM Technology Communications₫22.35k5.7%
+₫98.7b
154.4%PE23.8x
ONE One Technologies₫6.00k5.3%
+₫2.4b
1.7%PE21.2x
ICT for Telecoms and Informatics₫11.75k0.4%
+₫1.6b
-12.0%n/a
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Latest News

FPT

₫107,900.00

FPT

7D

3.5%

1Y

54.1%

VLA

₫18,500.00

Van Lang Technology Development and Investment

7D

-2.6%

1Y

n/a

ELC

₫22,350.00

ELCOM Technology Communications

7D

5.7%

1Y

154.4%

ONE

₫6,000.00

One Technologies

7D

5.3%

1Y

1.7%

CMG

₫40,200.00

CMC

7D

-0.6%

1Y

25.0%

ICT

₫11,750.00

for Telecoms and Informatics

7D

0.4%

1Y

-12.0%