Header cover image

Vietnamese (HOSE) Utilities Sector Analysis

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies39
  • 7D-0.6%
  • 3M-5.4%
  • 1Y-0.6%
  • YTD-2.2%

The Utilities industry has stayed flat over the last week. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 12% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Nov 2025₫299.2t₫265.7t₫21.8t11.4x13.7x1.1x
Sun, 19 Oct 2025₫290.5t₫251.1t₫21.1t11.9x13.7x1.2x
Tue, 16 Sep 2025₫307.5t₫251.1t₫21.1t13.3x14.5x1.2x
Thu, 14 Aug 2025₫322.8t₫251.4t₫21.1t13.1x15.3x1.3x
Sat, 12 Jul 2025₫308.2t₫251.4t₫17.7t12.9x17.4x1.2x
Mon, 09 Jun 2025₫296.0t₫250.8t₫17.5t13.4x16.9x1.2x
Wed, 07 May 2025₫285.3t₫249.9t₫16.8t13.5x17x1.1x
Fri, 04 Apr 2025₫287.9t₫241.9t₫15.5t13.7x18.6x1.2x
Sun, 02 Mar 2025₫306.8t₫233.5t₫15.6t13.7x19.6x1.3x
Tue, 28 Jan 2025₫301.9t₫228.8t₫16.2t14.1x18.6x1.3x
Thu, 26 Dec 2024₫304.4t₫229.7t₫18.0t15.2x16.9x1.3x
Sat, 23 Nov 2024₫302.2t₫229.7t₫18.0t14.9x16.8x1.3x
Mon, 21 Oct 2024₫313.1t₫225.2t₫17.4t15x18x1.4x
Wed, 18 Sep 2024₫316.8t₫224.7t₫17.3t15.8x18.3x1.4x
Fri, 16 Aug 2024₫334.5t₫224.6t₫17.3t16.5x19.4x1.5x
Sun, 14 Jul 2024₫340.6t₫170.5t₫15.9t13.7x21.4x2x
Tue, 11 Jun 2024₫338.0t₫170.5t₫15.9t13.5x21.2x2x
Thu, 09 May 2024₫317.4t₫170.6t₫16.0t13.2x19.8x1.9x
Sat, 06 Apr 2024₫326.3t₫169.6t₫18.0t12.6x18.2x1.9x
Mon, 04 Mar 2024₫320.5t₫168.9t₫18.4t12.7x17.5x1.9x
Wed, 31 Jan 2024₫315.4t₫158.7t₫18.8t11.6x16.8x2x
Fri, 29 Dec 2023₫308.0t₫158.5t₫19.1t10.3x16.1x1.9x
Sun, 26 Nov 2023₫309.1t₫158.5t₫19.1t10.1x16.2x1.9x
Tue, 24 Oct 2023₫317.5t₫160.2t₫20.1t10.7x15.8x2x
Thu, 21 Sep 2023₫351.0t₫161.9t₫20.6t9.6x17.1x2.2x
Sat, 19 Aug 2023₫331.2t₫161.9t₫20.6t9.3x16.1x2x
Mon, 17 Jul 2023₫336.9t₫165.7t₫23.2t9.8x14.5x2x
Wed, 14 Jun 2023₫325.0t₫166.3t₫23.2t9.6x14x2x
Fri, 12 May 2023₫314.6t₫165.8t₫23.4t9.3x13.5x1.9x
Sun, 09 Apr 2023₫325.8t₫171.3t₫23.4t9.2x13.9x1.9x
Tue, 07 Mar 2023₫329.4t₫171.5t₫23.1t8.7x14.2x1.9x
Thu, 02 Feb 2023₫333.2t₫165.2t₫20.9t8.9x15.9x2x
Sat, 31 Dec 2022₫318.0t₫163.4t₫20.7t9.3x15.3x1.9x
Mon, 28 Nov 2022₫317.1t₫162.6t₫20.9t8.8x15.2x2x
Price to Earnings Ratio

15.2x


Total Market Cap: ₫317.1tTotal Earnings: ₫20.9tTotal Revenue: ₫162.6tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Utilities Sector Price to Earnings3Y Average 16.7x202320242025
Current Industry PE
  • Investors are pessimistic on the Vietnamese Utilities 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 13.7x which is lower than its 3-year average PE of 16.7x.
  • The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.1x.
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 18% 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 Market1.34%
Utilities-0.58%
Water Utilities3.06%
Renewable Energy-0.22%
Electric Utilities-0.33%
Gas Utilities-1.28%
Industry PE
  • Investors are most optimistic about the Electric Utilities industry which is trading above its 3-year average PE ratio of 14.0x.
    • Analysts are expecting annual earnings growth of 19.0%, which is lower than the prior year's growth of 101.4% per year.
  • Investors are most pessimistic about the Gas Utilities industry, which is trading below its 3-year average of 14.7x.
Forecasted Growth
  • Analysts are most optimistic on the Water Utilities industry, expecting annual earnings growth of 32% 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 7.1% 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₫14.95k1.7%
+₫585.5b
30.6%PE18.4x
BWE Binh Duong Water - Environment Corporation -₫48.25k2.8%
+₫285.9b
7.3%PE14.9x
TDM Thu Dau Mot Water₫58.50k4.5%
+₫277.8b
18.2%PE27.5x
NT2 PetroVietnam Power Nhon Trach 2₫24.00k1.3%
+₫86.4b
25.7%PE11x
VPD Viet Nam Power Development₫25.90k1.0%
+₫26.6b
-3.7%PE10.3x

Latest News