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Vietnamese (HOSE) IT Industry Analysis

UpdatedFeb 16, 2025
DataAggregated Company Financials
Companies7
  • 7D-0.7%
  • 3M7.1%
  • 1Y56.2%
  • YTD-4.7%

Over the last 7 days, the IT industry has remained flat, although notably ELCOM Technology Communications gained 3.8%. The past year has been better, since the industry has gained 56% in that time. 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
Sun, 16 Feb 2025₫225.8t₫72.5t₫7.6t30.4x29.6x3.1x
Tue, 14 Jan 2025₫229.4t₫69.1t₫7.3t31.5x31.5x3.3x
Thu, 12 Dec 2024₫235.1t₫69.1t₫7.3t36.9x32.3x3.4x
Sat, 09 Nov 2024₫212.8t₫69.1t₫7.3t36.4x29.3x3.1x
Mon, 07 Oct 2024₫208.1t₫66.8t₫6.9t31.6x30x3.1x
Wed, 04 Sep 2024₫209.6t₫66.8t₫6.9t32.5x30.2x3.1x
Fri, 02 Aug 2024₫194.6t₫66.6t₫6.9t30.8x28x2.9x
Sun, 30 Jun 2024₫205.0t₫63.9t₫6.6t30.7x31x3.2x
Tue, 28 May 2024₫182.9t₫63.9t₫6.6t28.3x27.6x2.9x
Thu, 25 Apr 2024₫163.5t₫64.1t₫6.6t24.3x24.6x2.6x
Sat, 23 Mar 2024₫156.1t₫61.6t₫6.3t24.7x24.6x2.5x
Mon, 19 Feb 2024₫143.6t₫61.8t₫6.3t23.1x22.7x2.3x
Wed, 17 Jan 2024₫131.4t₫60.0t₫6.0t23.7x21.8x2.2x
Fri, 15 Dec 2023₫130.4t₫60.0t₫6.0t22.8x21.7x2.2x
Sun, 12 Nov 2023₫125.2t₫60.0t₫6.0t22.5x20.9x2.1x
Tue, 10 Oct 2023₫140.2t₫56.7t₫5.7t23.9x24.6x2.5x
Thu, 07 Sep 2023₫145.4t₫56.7t₫5.7t25.9x25.5x2.6x
Sat, 05 Aug 2023₫115.1t₫56.7t₫5.7t25.4x20.2x2x
Mon, 03 Jul 2023₫103.4t₫55.0t₫5.4t20.5x19x1.9x
Wed, 31 May 2023₫100.1t₫55.0t₫5.4t19x18.4x1.8x
Fri, 28 Apr 2023₫94.9t₫55.1t₫5.4t20.8x17.4x1.7x
Sun, 26 Mar 2023₫95.0t₫53.2t₫5.2t23.6x18.3x1.8x
Tue, 21 Feb 2023₫99.9t₫53.1t₫5.2t21.7x19.3x1.9x
Thu, 19 Jan 2023₫100.3t₫50.2t₫5.2t16.3x19.3x2x
Sat, 17 Dec 2022₫93.9t₫50.2t₫5.2t14.5x18x1.9x
Mon, 14 Nov 2022₫87.3t₫50.3t₫5.2t12.3x16.8x1.7x
Wed, 12 Oct 2022₫84.6t₫47.4t₫4.8t14.9x17.5x1.8x
Fri, 09 Sep 2022₫100.7t₫47.4t₫4.8t18.9x20.8x2.1x
Sun, 07 Aug 2022₫102.3t₫46.9t₫4.8t19.5x21.3x2.2x
Tue, 05 Jul 2022₫102.8t₫45.5t₫4.6t19.5x22.4x2.3x
Thu, 02 Jun 2022₫110.1t₫45.5t₫4.6t22x24x2.4x
Sat, 30 Apr 2022₫104.0t₫45.0t₫4.5t23.5x22.9x2.3x
Mon, 28 Mar 2022₫94.9t₫42.9t₫4.2t27.2x22.6x2.2x
Wed, 23 Feb 2022₫92.4t₫42.6t₫4.2t25.9x22x2.2x
Price to Earnings Ratio

22x


Total Market Cap: ₫92.4tTotal Earnings: ₫4.2tTotal Revenue: ₫42.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese IT Industry Price to Earnings3Y Average 23.4x202320242025
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 29.6x which is higher than its 3-year average PE of 23.4x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 22% 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 Market0.25%
Tech-0.77%
IT-0.73%
Internet Services and Infrastructure0%0
Data Processing Services0%0
IT Consulting-0.73%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 23.4x.
    • Analysts are expecting annual earnings growth of 23.6%, which is higher than its past year's earnings growth of 20.5% 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 23.4x.
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
ELC ELCOM Technology Communications₫30.20k3.8%
+₫91.6b		39.2%PE41.6x
CMG CMC₫45.00k0.1%
+₫10.6b		23.5%PE30.4x
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FPT

₫144,900.00

FPT

7D

-0.8%

1Y

58.5%

ONE

₫5,700.00

One Technologies

7D

-1.7%

1Y

1.8%

VLA

₫11,000.00

Van Lang Technology Development and Investment

7D

-12.0%

1Y

-42.1%

ICT

₫13,750.00

for Telecoms and Informatics

7D

-0.7%

1Y

16.0%

CMG

₫45,000.00

CMC

7D

0.1%

1Y

23.5%

ELC

₫30,200.00

ELCOM Technology Communications

7D

3.8%

1Y

39.2%