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Vietnamese (HOSE) Utilities Sector Analysis

UpdatedApr 20, 2025
DataAggregated Company Financials
Companies38
  • 7D1.3%
  • 3M-6.5%
  • 1Y-8.7%
  • YTD-8.1%

The Utilities industry is up 1.3% in the last week, with PetroVietnam Power Corporation - JSC up 6.2%. In contrast, the industry has lost 8.7% in the last 12 months. Looking forward, earnings are forecast to grow by 18% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 20 Apr 2025₫280.1t₫243.5t₫15.6t13.3x17.9x1.2x
Tue, 18 Mar 2025₫306.2t₫233.5t₫15.4t14x19.9x1.3x
Thu, 13 Feb 2025₫301.9t₫231.1t₫15.8t13.8x19.1x1.3x
Sat, 11 Jan 2025₫299.0t₫229.7t₫18.0t16x16.6x1.3x
Mon, 09 Dec 2024₫305.8t₫229.7t₫18.0t15x17x1.3x
Wed, 06 Nov 2024₫304.1t₫229.6t₫18.1t15x16.8x1.3x
Fri, 04 Oct 2024₫316.5t₫224.7t₫17.3t15.9x18.3x1.4x
Sun, 01 Sep 2024₫341.0t₫224.7t₫17.3t17.1x19.7x1.5x
Tue, 30 Jul 2024₫331.2t₫171.0t₫15.6t16.4x21.3x1.9x
Thu, 27 Jun 2024₫336.4t₫170.5t₫15.9t13.9x21.1x2x
Sat, 25 May 2024₫324.2t₫170.6t₫16.0t13.5x20.3x1.9x
Mon, 22 Apr 2024₫306.8t₫170.5t₫17.7t13x17.3x1.8x
Wed, 20 Mar 2024₫323.9t₫168.9t₫18.1t12.8x17.8x1.9x
Fri, 16 Feb 2024₫314.2t₫168.9t₫18.4t12.1x17.1x1.9x
Sun, 14 Jan 2024₫308.1t₫158.5t₫19.1t10.7x16.2x1.9x
Tue, 12 Dec 2023₫315.2t₫158.5t₫19.1t10.9x16.5x2x
Thu, 09 Nov 2023₫313.8t₫158.5t₫19.1t9.9x16.4x2x
Sat, 07 Oct 2023₫328.3t₫161.9t₫20.6t9.4x16x2x
Mon, 04 Sep 2023₫335.6t₫161.9t₫20.6t9.2x16.3x2.1x
Wed, 02 Aug 2023₫341.3t₫165.7t₫22.8t9.7x15x2.1x
Fri, 30 Jun 2023₫324.5t₫166.3t₫23.2t9.5x14x2x
Sun, 28 May 2023₫321.4t₫166.2t₫23.2t9.5x13.9x1.9x
Tue, 25 Apr 2023₫310.4t₫171.3t₫23.5t9.2x13.2x1.8x
Thu, 23 Mar 2023₫328.0t₫171.5t₫23.3t8.8x14.1x1.9x
Sat, 18 Feb 2023₫335.4t₫171.5t₫23.1t8.7x14.5x2x
Mon, 16 Jan 2023₫326.6t₫163.6t₫20.8t9.3x15.7x2x
Wed, 14 Dec 2022₫324.4t₫162.6t₫20.7t8.5x15.6x2x
Fri, 11 Nov 2022₫332.0t₫156.8t₫20.2t8.3x16.4x2.1x
Sun, 09 Oct 2022₫323.1t₫153.9t₫19.9t9.4x16.3x2.1x
Tue, 06 Sep 2022₫371.2t₫153.9t₫19.9t10.3x18.7x2.4x
Thu, 04 Aug 2022₫361.4t₫153.9t₫19.8t9.8x18.3x2.3x
Sat, 02 Jul 2022₫365.0t₫146.8t₫16.6t11x22x2.5x
Mon, 30 May 2022₫358.5t₫146.8t₫16.6t11.5x21.6x2.4x
Wed, 27 Apr 2022₫359.5t₫137.3t₫14.5t12.1x24.7x2.6x
Price to Earnings Ratio

24.7x


Total Market Cap: ₫359.5tTotal Earnings: ₫14.5tTotal Revenue: ₫137.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Utilities Sector Price to Earnings3Y Average 17.5x202320242025
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 17.5x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 2.4% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Utilities sector?

VN Market-0.30%
Utilities1.33%
Renewable Energy3.04%
Electric Utilities1.30%
Gas Utilities0.48%
Water Utilities0.027%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 16.9x.
    • Analysts are expecting annual earnings growth of 34.8%, which is higher than its past year's earnings decline of 2.7% 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 roughly in line with its past earnings growth rate.
  • In contrast, the Gas Utilities industry is expected to see its earnings grow by 12% 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
POW PetroVietnam Power Corporation - JSC₫12.00k6.2%
+₫1.6t
13.2%PE25.3x
GAS Petrovietnam Gas₫58.40k0.5%
+₫702.8b
-20.6%PE13.4x
PGV Power Generation Corporation 3₫19.05k1.9%
+₫393.2b
-5.9%PS0.5x
GEG Gia Lai Electricity₫14.15k8.0%
+₫376.2b
21.8%PE81.3x
VSH Vinh Son - Song Hinh Hydropower₫52.00k3.0%
+₫354.4b
8.4%PE27.4x
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