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Vietnamese (HOSE) IT Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
  • 7D-2.5%
  • 3M16.7%
  • 1Y69.6%
  • YTD47.4%

Over the last 7 days, the IT industry has dropped 2.5%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 70%. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024₫195.4t₫66.6t₫6.9t31.6x28.1x2.9x
Sun, 23 Jun 2024₫215.6t₫63.9t₫6.6t32x32.6x3.4x
Tue, 21 May 2024₫183.1t₫63.9t₫6.6t27.8x27.7x2.9x
Thu, 18 Apr 2024₫152.7t₫61.6t₫6.3t23.7x24.1x2.5x
Sat, 16 Mar 2024₫157.8t₫61.6t₫6.3t24.9x24.9x2.6x
Mon, 12 Feb 2024₫143.4t₫61.8t₫6.3t23.3x22.7x2.3x
Wed, 10 Jan 2024₫132.9t₫60.0t₫6.0t24.2x22.1x2.2x
Fri, 08 Dec 2023₫129.3t₫60.0t₫6.0t24.3x21.6x2.2x
Sun, 05 Nov 2023₫119.2t₫59.3t₫6.0t37x19.9x2x
Tue, 03 Oct 2023₫136.9t₫56.7t₫5.7t23.5x24x2.4x
Thu, 31 Aug 2023₫142.1t₫56.7t₫5.7t24.6x25x2.5x
Sat, 29 Jul 2023₫116.1t₫56.8t₫5.7t27.1x20.4x2x
Mon, 26 Jun 2023₫102.3t₫55.0t₫5.4t20.1x18.8x1.9x
Wed, 24 May 2023₫97.8t₫55.0t₫5.4t18.6x18x1.8x
Fri, 21 Apr 2023₫96.2t₫53.2t₫5.2t25.3x18.5x1.8x
Sun, 19 Mar 2023₫95.6t₫53.2t₫5.2t23.8x18.4x1.8x
Tue, 14 Feb 2023₫97.6t₫52.7t₫5.2t20.2x18.9x1.9x
Thu, 12 Jan 2023₫97.5t₫50.2t₫5.2t15.5x18.7x1.9x
Sat, 10 Dec 2022₫94.1t₫50.3t₫5.2t14.7x18.1x1.9x
Mon, 07 Nov 2022₫87.3t₫49.8t₫5.2t13.3x16.9x1.8x
Wed, 05 Oct 2022₫92.6t₫47.4t₫4.8t15.9x19.1x2x
Fri, 02 Sep 2022₫102.7t₫47.4t₫4.8t18.9x21.2x2.2x
Sun, 31 Jul 2022₫99.3t₫46.9t₫4.8t18.7x20.6x2.1x
Tue, 28 Jun 2022₫102.7t₫45.5t₫4.6t19.8x22.4x2.3x
Thu, 26 May 2022₫97.3t₫45.5t₫4.6t20.9x21.3x2.1x
Sat, 23 Apr 2022₫109.8t₫42.9t₫4.2t25.6x26.1x2.6x
Mon, 21 Mar 2022₫94.8t₫42.9t₫4.2t27.3x22.5x2.2x
Wed, 16 Feb 2022₫90.4t₫42.6t₫4.2t23.6x21.6x2.1x
Fri, 14 Jan 2022₫90.8t₫40.0t₫3.9t28x23x2.3x
Sun, 12 Dec 2021₫95.1t₫40.0t₫3.9t31.8x24.1x2.4x
Tue, 09 Nov 2021₫96.8t₫40.0t₫3.9t33x24.6x2.4x
Thu, 07 Oct 2021₫93.4t₫38.6t₫3.7t35.2x25.2x2.4x
Sat, 04 Sep 2021₫90.7t₫39.4t₫3.7t25.8x24.3x2.3x
Mon, 02 Aug 2021₫92.5t₫39.4t₫3.7t23.5x24.8x2.3x
Price to Earnings Ratio

24.8x


Total Market Cap: ₫92.5tTotal Earnings: ₫3.7tTotal Revenue: ₫39.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese IT Industry Price to Earnings3Y Average 22.3x202220232024
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 28.1x which is higher than its 3-year average PE of 22.3x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.9x.
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-2.90%
Tech-2.82%
IT-2.51%
Internet Services and Infrastructure0%
Data Processing Services0%
IT Consulting-2.51%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 22.3x.
    • Analysts are expecting annual earnings growth of 25.4%, which is higher than its past year's earnings growth of 17.6% 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 22.3x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 25% 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 25% 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
No data available
Simply Wall St™
Simply Wall Street Pty Ltd
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7D

-3.0%

1Y

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ONE

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One Technologies

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-11.1%

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FPT

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FPT

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CMG

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CMC

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-6.6%

1Y

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ELC

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ELCOM Technology Communications

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VLA

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Van Lang Technology Development and Investment

7D

-3.4%

1Y

-51.2%

SRA

₫3,600.00

SARA Vietnam

7D

-10.0%

1Y

-16.3%