Vietnamese (HOSE) Renewable Energy Industry Analysis

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
Sun, 12 Jul 2026	₫94.6t	₫63.0t	₫8.2t	9.7x	11.5x	1.5x
Tue, 09 Jun 2026	₫93.6t	₫63.1t	₫7.8t	9.8x	11.9x	1.5x
Thu, 07 May 2026	₫97.2t	₫63.1t	₫7.7t	10.9x	12.7x	1.5x
Sat, 04 Apr 2026	₫93.0t	₫59.1t	₫7.0t	11.2x	13.4x	1.6x
Mon, 02 Mar 2026	₫95.4t	₫58.9t	₫6.9t	10.6x	13.8x	1.6x
Wed, 28 Jan 2026	₫92.9t	₫59.8t	₫6.7t	10.6x	13.8x	1.6x
Fri, 26 Dec 2025	₫88.7t	₫59.7t	₫6.7t	10.8x	13.2x	1.5x
Sun, 23 Nov 2025	₫89.1t	₫59.7t	₫6.7t	10.7x	13.3x	1.5x
Tue, 21 Oct 2025	₫88.8t	₫57.4t	₫6.0t	11.3x	14.7x	1.5x
Thu, 18 Sep 2025	₫92.2t	₫57.4t	₫6.0t	11.7x	15.3x	1.6x
Sat, 16 Aug 2025	₫94.8t	₫57.4t	₫6.0t	12.4x	15.8x	1.7x
Mon, 14 Jul 2025	₫89.5t	₫56.6t	₫5.4t	13.2x	16.5x	1.6x
Wed, 11 Jun 2025	₫88.9t	₫56.0t	₫5.2t	14.2x	17.1x	1.6x
Fri, 09 May 2025	₫89.0t	₫56.0t	₫5.2t	14.1x	17x	1.6x
Sun, 06 Apr 2025	₫84.8t	₫52.6t	₫4.5t	13.9x	19x	1.6x
Tue, 04 Mar 2025	₫87.7t	₫52.6t	₫4.5t	14x	19.4x	1.7x
Thu, 30 Jan 2025	₫84.4t	₫50.8t	₫4.4t	14.9x	19.1x	1.7x
Sat, 28 Dec 2024	₫85.8t	₫50.8t	₫4.4t	15x	19.6x	1.7x
Mon, 25 Nov 2024	₫83.6t	₫50.8t	₫4.4t	14.9x	19.1x	1.6x
Wed, 23 Oct 2024	₫85.3t	₫50.4t	₫4.1t	14.5x	21.1x	1.7x
Fri, 20 Sep 2024	₫86.5t	₫50.5t	₫3.9t	15.5x	22x	1.7x
Sun, 18 Aug 2024	₫90.1t	₫50.5t	₫3.9t	15.8x	23x	1.8x
Tue, 16 Jul 2024	₫97.7t	₫49.3t	₫3.6t	13.6x	26.8x	2x
Thu, 13 Jun 2024	₫92.7t	₫49.3t	₫3.6t	13.5x	25.4x	1.9x
Sat, 11 May 2024	₫81.0t	₫49.4t	₫3.7t	13.1x	21.8x	1.6x
Mon, 08 Apr 2024	₫82.0t	₫49.7t	₫4.4t	12.4x	18.7x	1.7x
Wed, 06 Mar 2024	₫83.2t	₫49.0t	₫4.6t	12.1x	18.1x	1.7x
Fri, 02 Feb 2024	₫80.0t	₫39.1t	₫4.7t	11.1x	16.9x	2x
Sun, 31 Dec 2023	₫73.3t	₫39.6t	₫5.0t	9.2x	14.6x	1.9x
Tue, 28 Nov 2023	₫72.1t	₫39.6t	₫5.0t	9.3x	14.3x	1.8x
Thu, 26 Oct 2023	₫71.6t	₫39.8t	₫5.3t	8.5x	13.4x	1.8x
Sat, 23 Sep 2023	₫74.8t	₫39.8t	₫5.3t	9.1x	14x	1.9x
Mon, 21 Aug 2023	₫76.8t	₫39.8t	₫5.3t	9x	14.4x	1.9x
Wed, 19 Jul 2023	₫78.1t	₫39.3t	₫5.9t	8.2x	13.1x	2x

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 11.5x which is lower than its 3-year average PE of 17.0x.

The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.5x.

Past Earnings Growth

The earnings for companies in the Renewable Energy industry have grown 11% per year over the last three years.
Revenues for these companies have grown 17% 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	-1.79%
Utilities	-0.84%
Renewable Energy	-3.17%
Renewable Energy	-1.62%
Independent Power Producers and Energy Traders	-4.46%

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 20.7x.

Analysts are expecting annual earnings growth of 21.5%, which is lower than the prior year's growth of 29.6% per year.

Investors are most pessimistic about the Renewable Energy industry, which is trading below its 3-year average of 15.1x.

Forecasted Growth

Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 22% over the next 5 years.
However this is lower than its past earnings growth rate of 30% per year.

In contrast, the Renewable Energy industry is expected to see its earnings grow by 18% 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
DTK Vinacomin - Power Holding	₫11.30k	0.9% +₫68.3b	-8.9%	PE9.2x
VSH Vinh Son - Song Hinh Hydropower	₫42.50k	0.4% +₫35.4b	-14.1%	PE11.6x
SHP Southern Hydropower	₫32.90k	0.6% +₫20.2b	-8.7%	PE10.7x
SMA Saigon Machinery Spare Parts	₫7.60k	0.5% +₫814.1m	-24.0%	PE10.2x

Company

Last Price

Valuation

DTK Vinacomin - Power Holding

₫11.30k

0.9%
+₫68.3b

-8.9%

PE9.2x

VSH Vinh Son - Song Hinh Hydropower

₫42.50k

0.4%
+₫35.4b

-14.1%

PE11.6x

SHP Southern Hydropower

₫32.90k

0.6%
+₫20.2b

-8.7%

PE10.7x

SMA Saigon Machinery Spare Parts

₫7.60k

0.5%
+₫814.1m

-24.0%

PE10.2x

PetroVietnam Power Corporation - JSC Announces Change in Certificate of Business Registration

PetroVietnam Power Corporation - JSC has announced the change in the Certificate of business registration as follows: Based on the Certificate of business registration No. 0102276173 first registered on May 31, 2007, 21st amendment registered on June 4, 2026 issued by Department of Business Registration and Corporate Finance - Hanoi City Department of Finance. The company name in foreign language is PETROVIETNAM POWER CORPORATION. The abbreviated name is PV POWER. The head office address is PV Power Building, No. 199, Nguyen Tuan Street, Thanh Xuan District, Hanoi City, Vietnam. The charter capital is 30,678,456,880,000 VND. The par value per share is 10,000 VND. The total number of shares is 3,067,845,688. The company's legal representative is LE NHU LINH. The enterprise's information has been updated in the National Enterprise Registration Information System. The business lines have been updated as follows: Other education not elsewhere classified; Electrical system installation; Warehousing and storage (Excluding real estate business); Other specialized construction activities; Wholesale of other machinery, equipment and parts; Other human resources provision; Business and other management consultancy activities; Other computer service and information technology activities; Other specialized wholesale not elsewhere classified; Electricity production from non-renewable energy sources; Transmission and distribution of electricity; Manufacture of basic chemicals; Electricity production from renewable energy sources; Other professional, scientific and technical activities not elsewhere classified; Wholesale of solid, liquid and gaseous fuels and related products; Other business support service activities not elsewhere classified; Renting and leasing of other machinery, equipment and tangible goods without operator; Architectural and engineering activities and related technical consultancy; Real estate activities with own or leased land /property. The tax registration information includes information about the Director (General Director): LE NHU LINH, information about the Chief Accountant/Person in charge of accounting: CHU QUANG TOAN, address for receiving tax notifications: PV Power Building, No. 199, Nguyen Tuan Street, Thanh Xuan District, Hanoi City, Vietnam, form of accounting: Independent accounting, fiscal year: applicable from January 1 to December 31, total employees: 1,181, VAT calculation method: Deduction method.

Vietnamese (HOSE) Renewable Energy Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Upcoming dividend of ₫2,000 per share

New major risk - Revenue and earnings growth

Now 21% undervalued after recent price drop

PetroVietnam Power Corporation - JSC Announces Change in Certificate of Business Registration

New minor risk - Share price stability

Upcoming dividend of ₫2,000 per share

Upcoming dividend of ₫2,300 per share

Investor sentiment improves as stock rises 20%

Consensus revenue estimates increase by 16%

Dividend of ₫1,000 announced

Upcoming dividend of ₫500 per share

Gia Lai Hydropower Joint Stock Company, Annual General Meeting, May 28, 2026