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Vietnamese (HOSE) Renewable Energy Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies19
  • 7D5.8%
  • 3M4.4%
  • 1Y11.6%
  • YTD5.4%

Over the last 7 days, the Renewable Energy industry has risen 5.8%, driven by gains from PetroVietnam Power Corporation - JSC of 13%. Meanwhile, Gia Lai Electricity actually underperformed within the industry, shrinking 5.8% in the last week. In the last 12 months, the industry was up 12%. As for the next few years, earnings are expected to grow by 20% per annum.

Industry Valuation and Performance

Has the Vietnamese Renewable Energy Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026₫94.7t₫59.7t₫6.7t11.1x14.1x1.6x
Tue, 09 Dec 2025₫89.1t₫59.7t₫6.7t11x13.3x1.5x
Thu, 06 Nov 2025₫89.5t₫59.7t₫6.8t11.2x13.2x1.5x
Sat, 04 Oct 2025₫89.3t₫57.4t₫6.0t11.7x14.8x1.6x
Mon, 01 Sep 2025₫95.1t₫57.4t₫6.0t11.8x15.8x1.7x
Wed, 30 Jul 2025₫92.2t₫57.0t₫5.7t13.1x16.2x1.6x
Fri, 27 Jun 2025₫88.0t₫56.6t₫5.4t13.6x16.3x1.6x
Sun, 25 May 2025₫89.6t₫56.0t₫5.2t14.1x17.2x1.6x
Tue, 22 Apr 2025₫86.4t₫52.8t₫4.3t14.1x19.9x1.6x
Thu, 20 Mar 2025₫88.3t₫52.6t₫4.5t14.9x19.8x1.7x
Sat, 15 Feb 2025₫87.2t₫50.8t₫4.5t14.1x19.2x1.7x
Mon, 13 Jan 2025₫84.4t₫50.8t₫4.4t15.3x19.3x1.7x
Wed, 11 Dec 2024₫86.3t₫50.8t₫4.4t14.9x19.7x1.7x
Fri, 08 Nov 2024₫84.1t₫50.8t₫4.5t14.7x18.7x1.7x
Sun, 06 Oct 2024₫87.7t₫50.5t₫3.9t15.9x22.2x1.7x
Tue, 03 Sep 2024₫90.3t₫50.5t₫3.9t15.9x23x1.8x
Thu, 01 Aug 2024₫91.6t₫48.9t₫3.4t16.7x27x1.9x
Sat, 29 Jun 2024₫95.3t₫49.3t₫3.6t14.1x26.1x1.9x
Mon, 27 May 2024₫83.8t₫49.4t₫3.7t13.5x22.5x1.7x
Wed, 24 Apr 2024₫78.3t₫49.9t₫4.2t12.6x18.7x1.6x
Fri, 22 Mar 2024₫82.0t₫49.0t₫4.6t12.3x17.9x1.7x
Sun, 18 Feb 2024₫80.9t₫49.0t₫4.6t11.6x17.6x1.7x
Tue, 16 Jan 2024₫74.5t₫39.6t₫5.0t9.3x14.9x1.9x
Thu, 14 Dec 2023₫73.2t₫39.6t₫5.0t9.3x14.6x1.9x
Sat, 11 Nov 2023₫72.7t₫39.6t₫5.0t9x14.5x1.8x
Mon, 09 Oct 2023₫72.5t₫39.8t₫5.3t9x13.6x1.8x
Wed, 06 Sep 2023₫76.9t₫39.8t₫5.3t8.9x14.4x1.9x
Fri, 04 Aug 2023₫78.2t₫40.0t₫5.5t8.8x14.3x2x
Sun, 02 Jul 2023₫78.2t₫39.3t₫5.9t8.1x13.2x2x
Tue, 30 May 2023₫76.8t₫39.2t₫5.9t7.6x13.1x2x
Thu, 27 Apr 2023₫74.0t₫38.8t₫6.1t7.6x12.2x1.9x
Sat, 25 Mar 2023₫75.9t₫38.9t₫6.0t7.8x12.7x2x
Mon, 20 Feb 2023₫73.7t₫38.9t₫6.0t7.7x12.3x1.9x
Wed, 18 Jan 2023₫71.9t₫34.4t₫5.1t7.5x14.1x2.1x
Price to Earnings Ratio

14.1x


Total Market Cap: ₫71.9tTotal Earnings: ₫5.1tTotal Revenue: ₫34.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Vietnamese Renewable Energy Industry Price to Earnings3Y Average 17x202420252026
Current Industry PE
  • Investors are pessimistic on the Vietnamese Renewable Energy 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 14.1x which is lower than its 3-year average PE of 17.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Renewable Energy industry have grown 9.4% per year over the last three years.
  • Revenues for these companies have grown 20% 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 industry?

VN Market4.59%
Utilities20.92%
Renewable Energy5.83%
Independent Power Producers and Energy Traders12.83%
Renewable Energy-0.88%
Industry PE
  • Investors are most optimistic about the Independent Power Producers and Energy Traders industry even though it's trading below its 3-year average PE ratio of 21.7x.
    • Analysts are expecting annual earnings growth of 22.7%, which is lower than the prior year's growth of 49.1% per year.
  • Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 14.7x.
Forecasted Growth
  • Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 23% over the next 5 years.
  • However this is lower than its past earnings growth rate of 49% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings decline by 3.5% 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₫14.40k13.4%
+₫4.7t
47.1%PE21.1x
DTK Vinacomin - Power Holding₫13.30k10.8%
+₫892.8b
0.8%PE12x
SHP Southern Hydropower₫34.55k1.5%
+₫50.6b
0.7%PE10.6x
VPD Viet Nam Power Development₫26.20k1.7%
+₫48.0b
-2.1%PE10.5x
S4A Sesan4A Hydropower₫33.00k1.5%
+₫21.1b
-7.0%PE13.7x

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