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Vietnamese (HOSE) Utilities Sector Analysis

UpdatedJan 31, 2025
DataAggregated Company Financials
Companies38
  • 7D0.9%
  • 3M-1.5%
  • 1Y-3.6%
  • YTD-0.9%

Over the last 7 days, the Utilities industry has risen 1.1%, driven by gains from Petrovietnam Gas of 1.3%. In the past year, the industry is down 3.2%. Earnings are forecast to grow by 14% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 31 Jan 2025₫301.9t₫231.1t₫15.7t14.1x19.3x1.3x
Sun, 29 Dec 2024₫306.5t₫229.7t₫18.0t15.3x17x1.3x
Tue, 26 Nov 2024₫304.6t₫229.7t₫18.0t14.9x16.9x1.3x
Thu, 24 Oct 2024₫309.8t₫226.1t₫17.6t15.5x17.6x1.4x
Sat, 21 Sep 2024₫317.1t₫224.7t₫17.3t15.8x18.3x1.4x
Mon, 19 Aug 2024₫339.8t₫224.6t₫17.3t16.9x19.7x1.5x
Wed, 17 Jul 2024₫340.6t₫170.5t₫15.9t13.7x21.4x2x
Fri, 14 Jun 2024₫339.6t₫170.5t₫15.9t13.8x21.3x2x
Sun, 12 May 2024₫312.9t₫170.6t₫16.0t13x19.6x1.8x
Tue, 09 Apr 2024₫322.8t₫169.6t₫18.0t12.7x18x1.9x
Thu, 07 Mar 2024₫326.9t₫168.9t₫18.4t12.7x17.8x1.9x
Sat, 03 Feb 2024₫312.5t₫171.1t₫18.9t11.9x16.5x1.8x
Mon, 01 Jan 2024₫307.3t₫158.5t₫19.1t10.5x16.1x1.9x
Wed, 29 Nov 2023₫307.3t₫158.5t₫19.1t10.4x16.1x1.9x
Fri, 27 Oct 2023₫301.4t₫159.9t₫19.8t10.7x15.2x1.9x
Sun, 24 Sep 2023₫349.4t₫161.9t₫20.6t9.5x17x2.2x
Tue, 22 Aug 2023₫331.2t₫161.9t₫20.6t9.1x16.1x2x
Thu, 20 Jul 2023₫336.3t₫166.1t₫23.2t9.6x14.5x2x
Sat, 17 Jun 2023₫326.2t₫166.3t₫23.2t9.5x14x2x
Mon, 15 May 2023₫316.6t₫166.2t₫23.2t9.1x13.7x1.9x
Wed, 12 Apr 2023₫324.9t₫171.3t₫23.4t8.9x13.9x1.9x
Fri, 10 Mar 2023₫336.9t₫171.5t₫23.1t8.7x14.6x2x
Sun, 05 Feb 2023₫330.3t₫171.5t₫23.1t8.8x14.3x1.9x
Tue, 03 Jan 2023₫316.8t₫163.6t₫20.8t9.3x15.2x1.9x
Thu, 01 Dec 2022₫332.9t₫162.6t₫20.9t8.1x15.9x2x
Sat, 29 Oct 2022₫332.9t₫155.4t₫20.2t10.1x16.5x2.1x
Mon, 26 Sep 2022₫363.6t₫153.9t₫19.9t10.2x18.3x2.4x
Wed, 24 Aug 2022₫371.1t₫153.9t₫19.8t9.9x18.7x2.4x
Fri, 22 Jul 2022₫344.9t₫146.9t₫16.7t11.2x20.6x2.3x
Sun, 19 Jun 2022₫417.2t₫146.8t₫16.6t12.1x25.1x2.8x
Tue, 17 May 2022₫321.8t₫146.8t₫16.6t11.2x19.4x2.2x
Thu, 14 Apr 2022₫374.1t₫136.7t₫14.5t12.2x25.8x2.7x
Sat, 12 Mar 2022₫382.4t₫192.3t₫16.4t12.7x23.3x2x
Mon, 07 Feb 2022₫330.5t₫149.9t₫14.9t12.2x22.2x2.2x
Price to Earnings Ratio

22.2x


Total Market Cap: ₫330.5tTotal Earnings: ₫14.9tTotal Revenue: ₫149.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Utilities Sector Price to Earnings3Y Average 17.9x202320242025
Current Industry PE
  • Investors are relatively neutral on the Vietnamese Utilities 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 17.9x.
  • The 3-year average PS ratio of 2.0x 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 16% 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 Market0.40%
Utilities0.88%
Gas Utilities1.31%
Renewable Energy0.56%
Electric Utilities0.21%
Other Utilities0%0
Water Utilities-0.14%
Industry PE
  • Investors are most optimistic about the Water Utilities industry which is trading above its 3-year average PE ratio of 19.0x.
    • Analysts are expecting annual earnings growth of 33.5%, which is higher than its past year's earnings growth of 7.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 43% over the next 5 years.
  • This is better than its past earnings decline of 0.4% per year.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 8.0% 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
GAS Petrovietnam Gas₫67.90k1.3%
+₫2.1t
-8.3%PE15.3x
HNA Hua Na Hydropower₫25.30k4.1%
+₫235.2b
12.4%PE18.3x
VPD Viet Nam Power Development₫28.00k5.7%
+₫159.9b
13.6%n/a
TBC Thac Ba Hydropower₫40.80k4.3%
+₫108.0b
5.2%PE15.6x
SEB Mien Trung Power Investment and Development₫51.00k4.1%
+₫64.0b
14.3%PE14x
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Latest News

GAS

₫67,900.00

Petrovietnam Gas

7D

1.3%

1Y

-8.3%

GEG

₫11,450.00

Gia Lai Electricity

7D

-0.4%

1Y

-8.2%

GDW

₫30,500.00

Gia Dinh Water Supply

7D

-2.2%

1Y

n/a

SEB

₫51,000.00

Mien Trung Power Investment and Development

7D

4.1%

1Y

14.3%

PGV

₫19,400.00

Power Generation Corporation 3

7D

0.3%

1Y

-13.6%

TBC

₫40,800.00

Thac Ba Hydropower

7D

4.3%

1Y

5.2%

BTW

₫43,000.00

Ben Thanh Water Supply

7D

-4.4%

1Y

n/a

TDM

₫51,700.00

Thu Dau Mot Water

7D

0.4%

1Y

26.1%

HNA

₫25,300.00

Hua Na Hydropower

7D

4.1%

1Y

12.4%

PGD

₫30,000.00

PetroVietNam Low Pressure Gas Distribution

7D

-0.3%

1Y

-17.8%

VSH

₫49,800.00

Vinh Son - Song Hinh Hydropower

7D

-0.4%

1Y

6.4%

BWE

₫46,900.00

Binh Duong Water - Environment Corporation -

7D

-0.2%

1Y

24.9%

VPD

₫28,000.00

Viet Nam Power Development

7D

5.7%

1Y

13.6%

TMP

₫66,500.00

Thac Mo Hydro Power

7D

-1.8%

1Y

-5.0%

CHP

₫33,800.00

Central Hydropower

7D

0.4%

1Y

30.0%

SII

₫14,700.00

Saigon Water Infrastructure

7D

-7.3%

1Y

5.8%