Vietnamese (HOSE) Water Industry Analysis

UpdatedDec 19, 2025

DataAggregated Company Financials

Companies7

7D-1.5%
3M-5.4%
1Y4.8%
YTDn/a

Over the last 7 days, the Water industry has remained flat, although notably Thu Duc Water Supply gained 6.9%. The past year has been better, since the industry has gained 5.8% in that time. Looking forward, earnings are forecast to grow by 32% annually.

Industry Valuation and Performance

Has the Vietnamese Water Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 19 Dec 2025	₫18.6t	₫9.5t	₫1.2t	11.3x	16x	2x
Sun, 16 Nov 2025	₫18.9t	₫9.5t	₫1.2t	12.2x	16.3x	2x
Tue, 14 Oct 2025	₫19.7t	₫9.6t	₫1.1t	11.6x	17.2x	2.1x
Thu, 11 Sep 2025	₫19.3t	₫9.6t	₫1.1t	11.4x	16.9x	2x
Sat, 09 Aug 2025	₫19.7t	₫9.6t	₫1.1t	10.9x	17.2x	2.1x
Mon, 07 Jul 2025	₫19.1t	₫9.4t	₫1.0t	10.2x	18.9x	2x
Wed, 04 Jun 2025	₫19.0t	₫9.4t	₫1.0t	10.2x	18.9x	2x
Fri, 02 May 2025	₫18.7t	₫9.4t	₫1.0t	10x	18.5x	2x
Sun, 30 Mar 2025	₫17.7t	₫6.6t	₫835.7b	11.8x	21.2x	2.7x
Tue, 25 Feb 2025	₫17.8t	₫6.6t	₫838.3b	12.4x	21.2x	2.7x
Thu, 23 Jan 2025	₫17.9t	₫6.5t	₫833.1b	19.1x	21.5x	2.7x
Sat, 21 Dec 2024	₫17.4t	₫6.6t	₫803.8b	19x	21.6x	2.6x
Mon, 18 Nov 2024	₫17.1t	₫6.6t	₫803.8b	17.9x	21.2x	2.6x
Wed, 16 Oct 2024	₫17.3t	₫6.5t	₫796.5b	18.8x	21.7x	2.7x
Fri, 13 Sep 2024	₫17.6t	₫6.5t	₫787.8b	19.2x	22.3x	2.7x
Sun, 11 Aug 2024	₫16.8t	₫6.5t	₫780.1b	17.5x	21.6x	2.6x
Tue, 09 Jul 2024	₫17.2t	₫6.3t	₫862.1b	14x	20x	2.8x
Thu, 06 Jun 2024	₫16.4t	₫6.3t	₫862.1b	12.2x	19x	2.6x
Sat, 04 May 2024	₫15.5t	₫6.3t	₫868.6b	11.2x	17.8x	2.5x
Mon, 01 Apr 2024	₫15.6t	₫6.1t	₫915.6b	11.5x	17.1x	2.5x
Wed, 28 Feb 2024	₫14.3t	₫6.1t	₫913.1b	10.4x	15.6x	2.3x
Fri, 26 Jan 2024	₫14.8t	₫6.3t	₫852.8b	10.7x	17.4x	2.4x
Sun, 24 Dec 2023	₫14.5t	₫5.0t	₫807.5b	13x	18x	2.9x
Tue, 21 Nov 2023	₫15.1t	₫5.0t	₫807.5b	14.1x	18.8x	3x
Thu, 19 Oct 2023	₫15.6t	₫5.0t	₫822.4b	13.8x	19x	3.1x
Sat, 16 Sep 2023	₫15.7t	₫5.0t	₫805.5b	13.7x	19.5x	3.1x
Mon, 14 Aug 2023	₫15.5t	₫5.1t	₫808.5b	13.8x	19.2x	3.1x
Wed, 12 Jul 2023	₫15.3t	₫5.0t	₫795.7b	14x	19.3x	3.1x
Fri, 09 Jun 2023	₫15.1t	₫5.0t	₫795.7b	13.6x	19x	3x
Sun, 07 May 2023	₫15.1t	₫5.0t	₫802.2b	13.9x	18.8x	3x
Tue, 04 Apr 2023	₫14.5t	₫5.0t	₫751.1b	14x	19.3x	2.9x
Thu, 02 Mar 2023	₫15.0t	₫5.4t	₫785.7b	12.1x	19.1x	2.8x
Sat, 28 Jan 2023	₫14.7t	₫5.0t	₫817.7b	13x	18x	3x
Mon, 26 Dec 2022	₫15.1t	₫5.0t	₫885.9b	13.5x	17x	3x

Price to Earnings Ratio

17x

Mon, 26 Dec 2022

Current Industry PE

Investors are pessimistic on the Vietnamese Water 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 16.1x which is lower than its 3-year average PE of 19.0x.

The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.0x.

Past Earnings Growth

The earnings for companies in the Water Utilities industry have grown 9.5% per year over the last three years.
Revenues for these companies have grown 24% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.