Vietnamese (HOSE) Telecom Sector Analysis

Sector Valuation and Performance

Has the Vietnamese Telecom Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 02 Sep 2026	₫4.2t	₫6.8t	₫221.3b	11.3x	18.9x	0.6x
Fri, 31 Jul 2026	₫4.3t	₫6.8t	₫191.4b	10.2x	22.2x	0.6x
Sun, 28 Jun 2026	₫5.5t	₫6.6t	₫200.4b	8x	27.6x	0.8x
Tue, 26 May 2026	₫5.3t	₫6.6t	₫196.0b	9x	26.8x	0.8x
Thu, 23 Apr 2026	₫5.7t	₫7.7t	₫582.4b	9.4x	9.7x	0.7x
Sat, 21 Mar 2026	₫5.9t	₫7.7t	₫642.1b	9.9x	9.2x	0.8x
Mon, 16 Feb 2026	₫6.4t	₫7.7t	₫642.1b	8.6x	9.9x	0.8x
Wed, 14 Jan 2026	₫6.3t	₫7.9t	₫750.0b	11.3x	8.4x	0.8x
Fri, 12 Dec 2025	₫6.3t	₫7.9t	₫750.0b	10.8x	8.4x	0.8x
Sun, 09 Nov 2025	₫6.3t	₫8.0t	₫752.8b	10.2x	8.3x	0.8x
Tue, 07 Oct 2025	₫6.8t	₫8.5t	₫809.5b	9.2x	8.4x	0.8x
Thu, 04 Sep 2025	₫7.1t	₫8.6t	₫816.6b	9.4x	8.7x	0.8x
Sat, 02 Aug 2025	₫6.9t	₫8.7t	₫809.1b	9.8x	8.5x	0.8x
Mon, 30 Jun 2025	₫6.5t	₫8.7t	₫809.3b	8.9x	8.1x	0.8x
Wed, 28 May 2025	₫6.4t	₫7.8t	₫451.6b	8.9x	14.3x	0.8x
Fri, 25 Apr 2025	₫6.0t	₫7.5t	₫437.3b	10.6x	13.7x	0.8x
Sun, 23 Mar 2025	₫6.6t	₫3.6t	₫171.8b	6.8x	38.3x	1.8x
Tue, 18 Feb 2025	₫6.8t	₫3.6t	₫172.4b	6.6x	39.2x	1.9x
Thu, 16 Jan 2025	₫6.3t	₫3.0t	₫155.1b	7.1x	40.8x	2.1x
Sat, 14 Dec 2024	₫5.6t	₫3.0t	₫155.1b	7.6x	36.4x	1.9x
Mon, 11 Nov 2024	₫5.1t	₫3.0t	₫155.1b	6.6x	32.8x	1.7x
Wed, 09 Oct 2024	₫5.0t	₫3.1t	₫162.3b	5.9x	30.7x	1.6x
Fri, 06 Sep 2024	₫4.8t	₫3.1t	₫146.2b	7.2x	33.1x	1.6x
Sun, 04 Aug 2024	₫4.9t	₫3.1t	₫146.2b	7.3x	33.2x	1.6x
Tue, 02 Jul 2024	₫4.8t	₫2.7t	₫138.3b	7.1x	34.6x	1.7x
Thu, 30 May 2024	₫4.7t	₫2.7t	₫138.3b	7.3x	33.7x	1.7x
Sat, 27 Apr 2024	₫4.4t	₫2.7t	₫138.7b	7.2x	31.7x	1.6x
Mon, 25 Mar 2024	₫4.8t	₫2.7t	₫140.4b	7x	34.1x	1.8x
Wed, 21 Feb 2024	₫4.8t	₫2.7t	₫140.4b	6.9x	34x	1.8x
Fri, 19 Jan 2024	₫4.8t	₫2.8t	₫139.5b	4.8x	34.4x	1.7x
Sun, 17 Dec 2023	₫5.0t	₫2.8t	₫139.5b	4.7x	35.6x	1.8x
Tue, 14 Nov 2023	₫4.8t	₫2.8t	₫139.5b	4.8x	34.1x	1.7x
Thu, 12 Oct 2023	₫5.3t	₫2.6t	₫127.1b	5.2x	41.7x	2.1x
Sat, 09 Sep 2023	₫4.6t	₫2.6t	₫127.9b	5.1x	35.8x	1.8x

Current Industry PE

Investors are pessimistic on the Vietnamese Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 18.9x which is lower than its 3-year average PE of 24.8x.

The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.61x.

Past Earnings Growth

The earnings for companies in the Communication Services industry have grown 20% per year over the last three years.
Revenues for these companies have grown 38% 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 Telecom sector?


VN Market	0.59%
Telecom	1.69%
Telecom Services and Carriers	6.59%
Media	0.46%
Entertainment	-1.57%

Industry PE

Investors are most optimistic about the Telecom Services and Carriers 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 Media industry, which is trading below its 3-year average of 9.8x.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Company	Last Price	7D	1Y	Valuation
SGT Saigon Telecommunication & Technologies	₫9.70k	6.6% +₫88.8b	-46.4%	PE44.3x
ADC Art Design and Communication	₫16.50k	6.5% +₫4.0b	-15.4%	PE7.1x
SED Phuong Nam Education Investment and Development JSC	₫15.40k	2.0% +₫2.8b	-43.0%	PE4.7x
ADG Clever Group	₫8.01k	1.3% +₫2.1b	-14.8%	PE8x
DAD Da Nang Education Development and Investment JSC	₫14.80k	2.1% +₫1.4b	-18.7%	PE21.9x

Company

Last Price

Valuation

SGT Saigon Telecommunication & Technologies

₫9.70k

6.6%
+₫88.8b

-46.4%

PE44.3x

ADC Art Design and Communication

₫16.50k

6.5%
+₫4.0b

-15.4%

PE7.1x

SED Phuong Nam Education Investment and Development JSC

₫15.40k

2.0%
+₫2.8b

-43.0%

PE4.7x

ADG Clever Group

₫8.01k

1.3%
+₫2.1b

-14.8%

PE8x

DAD Da Nang Education Development and Investment JSC

₫14.80k

2.1%
+₫1.4b

-18.7%

PE21.9x

New major risk - Market cap size

The company's market capitalization is less than US$10m. Market cap: ₫261.0b (US$9.92m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue has declined by 18% over the past year. Market cap is less than US$10m (₫261.0b market cap, or US$9.92m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). Revenue is less than US$5m (₫48b revenue, or US$1.8m).

Vietnamese (HOSE) Telecom Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

New minor risk - Share price stability

Second quarter 2026 earnings released: EPS: ₫120 (vs ₫233 loss in 2Q 2025)

Second quarter 2026 earnings released: EPS: ₫70.00 (vs ₫183 in 2Q 2025)

Second quarter 2026 earnings released: EPS: ₫2,051 (vs ₫2,156 in 2Q 2025)

New minor risk - Profit margin trend

New major risk - Market cap size

New minor risk - Dividend sustainability

Second quarter 2026 earnings released: EPS: ₫924 (vs ₫298 in 2Q 2025)

Second quarter 2026 earnings released: EPS: ₫402 (vs ₫395 in 2Q 2025)

Investor sentiment deteriorates as stock falls 17%