Vietnamese (HOSE) Renewable Energy Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies17
- 7D-3.1%
- 3M-7.4%
- 1Y-6.6%
- YTD6.2%
Over the last 7 days, the Renewable Energy industry has dropped 1.6%, driven by a pullback from PetroVietnam Power Corporation - JSC of 3.5%. The industry has fallen 8.3% in the last year. Looking forward, earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Vietnamese Renewable Energy Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | ₫73.0t | ₫39.8t | ₫5.3t | 9.1x | 13.7x | 1.8x |
| Thu, 24 Aug 2023 | ₫74.8t | ₫39.8t | ₫5.3t | 8.9x | 14x | 1.9x |
| Sat, 22 Jul 2023 | ₫77.7t | ₫39.2t | ₫5.9t | 8.3x | 13.2x | 2x |
| Mon, 19 Jun 2023 | ₫77.2t | ₫39.3t | ₫5.9t | 8x | 13x | 2x |
| Wed, 17 May 2023 | ₫76.7t | ₫39.2t | ₫5.9t | 7.7x | 13.1x | 2x |
| Fri, 14 Apr 2023 | ₫77.6t | ₫38.9t | ₫6.1t | 7.7x | 12.7x | 2x |
| Sun, 12 Mar 2023 | ₫75.4t | ₫38.9t | ₫6.0t | 7.8x | 12.6x | 1.9x |
| Tue, 07 Feb 2023 | ₫74.2t | ₫38.9t | ₫6.0t | 7.8x | 12.4x | 1.9x |
| Thu, 05 Jan 2023 | ₫68.5t | ₫34.4t | ₫5.1t | 7.2x | 13.4x | 2x |
| Sat, 03 Dec 2022 | ₫68.6t | ₫34.2t | ₫5.0t | 7.1x | 13.6x | 2x |
| Mon, 31 Oct 2022 | ₫66.9t | ₫33.1t | ₫5.2t | 8.2x | 12.9x | 2x |
| Wed, 28 Sep 2022 | ₫79.1t | ₫32.7t | ₫4.9t | 9.6x | 16.1x | 2.4x |
| Fri, 26 Aug 2022 | ₫81.9t | ₫32.7t | ₫4.9t | 9.1x | 16.7x | 2.5x |
| Sun, 24 Jul 2022 | ₫79.7t | ₫32.6t | ₫5.1t | 10.3x | 15.6x | 2.4x |
| Tue, 21 Jun 2022 | ₫86.6t | ₫32.4t | ₫5.0t | 10.1x | 17.5x | 2.7x |
| Thu, 19 May 2022 | ₫76.4t | ₫32.4t | ₫5.0t | 10.7x | 15.4x | 2.4x |
| Sat, 16 Apr 2022 | ₫83.4t | ₫31.7t | ₫4.1t | 12.3x | 20.6x | 2.6x |
| Mon, 14 Mar 2022 | ₫87.4t | ₫44.7t | ₫4.1t | 11.8x | 21.1x | 2x |
| Wed, 09 Feb 2022 | ₫90.1t | ₫44.7t | ₫4.1t | 12.1x | 21.9x | 2x |
| Fri, 07 Jan 2022 | ₫92.5t | ₫48.5t | ₫5.1t | 12.3x | 18.3x | 1.9x |
| Sun, 05 Dec 2021 | ₫75.2t | ₫48.5t | ₫5.1t | 11x | 14.9x | 1.6x |
| Tue, 02 Nov 2021 | ₫73.4t | ₫49.1t | ₫4.9t | 11.8x | 15.1x | 1.5x |
| Thu, 30 Sep 2021 | ₫68.1t | ₫48.9t | ₫4.7t | 12x | 14.5x | 1.4x |
| Sat, 28 Aug 2021 | ₫65.9t | ₫48.9t | ₫4.6t | 11.9x | 14.2x | 1.3x |
| Sun, 04 Jul 2021 | ₫64.0t | ₫48.9t | ₫4.6t | 11.7x | 13.8x | 1.3x |
| Wed, 07 Apr 2021 | ₫66.7t | ₫48.1t | ₫4.3t | 12.6x | 15.7x | 1.4x |
| Sat, 09 Jan 2021 | ₫68.7t | ₫48.1t | ₫4.0t | 13.9x | 17.2x | 1.4x |
| Fri, 02 Oct 2020 | ₫49.6t | ₫36.0t | ₫2.9t | 13.8x | 17.3x | 1.4x |
Price to Earnings Ratio
17.3x
Current Industry PE
- Investors are relatively neutral on the Vietnamese Renewable Energy 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 15.4x.
- 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 23% per year over the last three years.
- Revenues for these companies have grown 3.5% 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 Market | -4.91% | |
| Utilities | -2.04% | |
| Renewable Energy | -3.08% | |
| Renewable Energy | -0.32% | |
| Independent Power Producers and Energy Traders | -5.91% | |
Industry PE
- Investors are most optimistic about the Independent Power Producers and Energy Traders industry which is trading above its 3-year average PE ratio of 19.7x.
- Analysts are expecting annual earnings growth of 19.3%, which is higher than its past year's earnings growth of 11.1% per year.
- Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 13.6x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 19% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 19% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| HJS Nam Mu Hydropower JSC | ₫39.50k | 19.7% +₫136.5b | 16.2% | PE18.5x | |
| S4A Sesan4A Hydropower | ₫34.00k | 2.1% +₫29.5b | -2.9% | PE8.9x | |
| CHP Central Hydropower | ₫23.40k | 0.9% +₫29.4b | -11.0% | PE8.1x | |
| TMP Thac Mo Hydro Power | ₫55.50k | 0.5% +₫21.0b | -2.6% | PE7.1x | |
| DRL Hydro Power - Power No. 3 | ₫64.50k | 0.8% +₫4.8b | -5.3% | n/a |