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Vietnamese (HOSE) Utilities Sector Analysis

UpdatedMar 13, 2025
DataAggregated Company Financials
Companies38
  • 7D-0.4%
  • 3M0.9%
  • 1Y-5.8%
  • YTD0.3%

The Utilities is pretty flat in the last 7 days, but Gia Lai Electricity has stood out, gaining 8.8%. Unfortunately though, the industry is down 5.8% over the past 12 months. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 14 Mar 2025₫305.7t₫233.5t₫15.6t14.5x19.6x1.3x
Sun, 09 Feb 2025₫302.9t₫231.1t₫15.8t13.7x19.2x1.3x
Tue, 07 Jan 2025₫300.6t₫229.7t₫18.0t16x16.7x1.3x
Thu, 05 Dec 2024₫303.4t₫229.7t₫18.0t14.8x16.8x1.3x
Sat, 02 Nov 2024₫306.5t₫226.3t₫17.6t15.3x17.4x1.4x
Mon, 30 Sep 2024₫319.3t₫224.7t₫17.3t16.2x18.4x1.4x
Wed, 28 Aug 2024₫340.6t₫224.7t₫17.3t16.9x19.7x1.5x
Fri, 26 Jul 2024₫329.2t₫171.1t₫15.6t16.2x21.1x1.9x
Sun, 23 Jun 2024₫340.6t₫170.5t₫15.9t13.9x21.4x2x
Tue, 21 May 2024₫317.3t₫170.6t₫16.0t13.7x19.9x1.9x
Thu, 18 Apr 2024₫309.3t₫169.9t₫17.9t12.9x17.3x1.8x
Sat, 16 Mar 2024₫331.0t₫168.9t₫18.2t12.9x18.2x2x
Mon, 12 Feb 2024₫313.2t₫169.2t₫18.5t11.9x16.9x1.9x
Wed, 10 Jan 2024₫310.4t₫158.5t₫19.1t10.8x16.3x2x
Fri, 08 Dec 2023₫314.3t₫158.5t₫19.1t10.7x16.5x2x
Sun, 05 Nov 2023₫309.7t₫158.5t₫19.1t10x16.2x2x
Tue, 03 Oct 2023₫343.6t₫161.9t₫20.6t9.6x16.7x2.1x
Thu, 31 Aug 2023₫335.2t₫161.9t₫20.6t9.3x16.3x2.1x
Sat, 29 Jul 2023₫340.0t₫164.8t₫23.1t9.7x14.7x2.1x
Mon, 26 Jun 2023₫327.0t₫166.3t₫23.2t9.5x14.1x2x
Wed, 24 May 2023₫320.7t₫166.2t₫23.2t9.4x13.8x1.9x
Fri, 21 Apr 2023₫315.3t₫171.2t₫23.5t8.8x13.4x1.8x
Sun, 19 Mar 2023₫331.3t₫171.5t₫23.1t8.7x14.3x1.9x
Tue, 14 Feb 2023₫330.1t₫171.5t₫23.1t8.7x14.3x1.9x
Thu, 12 Jan 2023₫325.7t₫163.6t₫20.8t8.9x15.6x2x
Sat, 10 Dec 2022₫324.4t₫162.6t₫20.7t8.7x15.6x2x
Mon, 07 Nov 2022₫331.3t₫156.8t₫20.2t8.6x16.4x2.1x
Wed, 05 Oct 2022₫336.4t₫153.9t₫19.9t9.9x16.9x2.2x
Fri, 02 Sep 2022₫372.2t₫153.9t₫19.9t10.2x18.7x2.4x
Sun, 31 Jul 2022₫351.0t₫154.2t₫20.3t10x17.3x2.3x
Tue, 28 Jun 2022₫368.2t₫146.8t₫16.6t11x22.2x2.5x
Thu, 26 May 2022₫346.6t₫146.8t₫16.6t10.9x20.9x2.4x
Sat, 23 Apr 2022₫367.8t₫137.3t₫14.5t11.8x25.4x2.7x
Mon, 21 Mar 2022₫373.7t₫192.3t₫16.4t12.6x22.7x1.9x
Price to Earnings Ratio

22.7x


Total Market Cap: ₫373.7tTotal Earnings: ₫16.4tTotal Revenue: ₫192.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Utilities Sector Price to Earnings3Y Average 17.7x202320242025
Current Industry PE
  • Investors are optimistic on the Vietnamese Utilities industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.6x which is higher than its 3-year average PE of 17.7x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 6.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Vietnamese Utilities sector?

VN Market2.20%
Utilities-0.36%
Renewable Energy0.29%
Water Utilities0.081%
Electric Utilities-0.27%
Gas Utilities-0.78%
Industry PE
  • Investors are most optimistic about the Water Utilities industry which is trading above its 3-year average PE ratio of 19.2x.
    • Analysts are expecting annual earnings growth of 37.0%, which is higher than its past year's earnings growth of 7.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 37% over the next 5 years.
  • This is better than its past earnings growth rate of 7.8% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 11% 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
GEG Gia Lai Electricity₫13.55k8.8%
+₫394.1b
9.4%PE81.3x
VSH Vinh Son - Song Hinh Hydropower₫54.00k1.7%
+₫212.6b
8.2%PE28.5x
HNA Hua Na Hydropower₫24.80k2.1%
+₫117.6b
9.7%PE17.9x
TMP Thac Mo Hydro Power₫66.90k1.4%
+₫63.0b
-7.7%PE13.4x
BTW Ben Thanh Water Supply₫49.50k10.0%
+₫42.1b
n/aPE9.8x
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Latest News

DTK

₫12,900.00

Vinacomin - Power Holding

7D

-2.3%

1Y

20.6%

SBA

₫30,450.00

Song Ba

7D

1.5%

1Y

-9.9%

NBW

₫38,800.00

Nha Be Water Supply

7D

4.9%

1Y

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CHP

₫36,500.00

Central Hydropower

7D

-7.4%

1Y

24.1%

BTW

₫49,500.00

Ben Thanh Water Supply

7D

10.0%

1Y

n/a

NT2

₫19,750.00

PetroVietnam Power Nhon Trach 2

7D

-2.0%

1Y

-21.5%

HNA

₫24,800.00

Hua Na Hydropower

7D

2.1%

1Y

9.7%

PGD

₫30,000.00

PetroVietNam Low Pressure Gas Distribution

7D

-2.8%

1Y

-23.1%

BWE

₫44,000.00

Binh Duong Water - Environment Corporation -

7D

-2.0%

1Y

14.8%

TDM

₫52,000.00

Thu Dau Mot Water

7D

-3.7%

1Y

18.2%

GEG

₫13,550.00

Gia Lai Electricity

7D

8.8%

1Y

9.4%

GDW

₫37,600.00

Gia Dinh Water Supply

7D

9.9%

1Y

44.6%

PGV

₫19,700.00

Power Generation Corporation 3

7D

-1.0%

1Y

-10.3%

VSH

₫54,000.00

Vinh Son - Song Hinh Hydropower

7D

1.7%

1Y

8.2%

TMP

₫66,900.00

Thac Mo Hydro Power

7D

1.4%

1Y

-7.7%