Vietnamese (HOSE) Water Industry Analysis

UpdatedSep 18, 2025

DataAggregated Company Financials

Companies7

7D0.9%
3M3.0%
1Y11.7%
YTDn/a

In the last week, the Water industry is flat overall, with Saigon Water Infrastructure standing out by going down 7.3%. As for the the longer term, the industry is up 12% over the past 12 months. Earnings are forecast to grow by 33% 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 Sep 2025	₫19.5t	₫9.6t	₫1.1t	11.4x	17x	2x
Sun, 17 Aug 2025	₫19.7t	₫9.6t	₫1.1t	10.8x	17.2x	2.1x
Tue, 15 Jul 2025	₫19.2t	₫9.4t	₫1.0t	10.5x	19x	2x
Thu, 12 Jun 2025	₫19.0t	₫9.4t	₫1.0t	9.8x	18.8x	2x
Sat, 10 May 2025	₫19.7t	₫9.4t	₫1.0t	10.2x	19.5x	2.1x
Mon, 07 Apr 2025	₫17.0t	₫7.9t	₫889.7b	11.4x	19.1x	2.1x
Wed, 05 Mar 2025	₫18.1t	₫6.6t	₫838.3b	13.5x	21.6x	2.7x
Fri, 31 Jan 2025	₫18.0t	₫6.6t	₫840.5b	10.5x	21.4x	2.7x
Sun, 29 Dec 2024	₫17.8t	₫6.6t	₫803.8b	19.4x	22.2x	2.7x
Tue, 26 Nov 2024	₫17.3t	₫6.6t	₫803.8b	18.5x	21.5x	2.6x
Thu, 24 Oct 2024	₫17.3t	₫6.5t	₫806.8b	18.5x	21.4x	2.7x
Sat, 21 Sep 2024	₫17.7t	₫6.5t	₫789.6b	19.5x	22.5x	2.7x
Mon, 19 Aug 2024	₫17.2t	₫6.5t	₫780.1b	18.4x	22.1x	2.7x
Wed, 17 Jul 2024	₫17.2t	₫6.3t	₫862.1b	13.8x	19.9x	2.7x
Fri, 14 Jun 2024	₫17.5t	₫6.3t	₫862.1b	13.4x	20.3x	2.8x
Sun, 12 May 2024	₫15.6t	₫6.3t	₫868.6b	11.4x	18x	2.5x
Tue, 09 Apr 2024	₫15.0t	₫6.1t	₫915.6b	10.6x	16.4x	2.4x
Thu, 07 Mar 2024	₫14.4t	₫6.1t	₫913.1b	10.4x	15.8x	2.3x
Sat, 03 Feb 2024	₫15.0t	₫6.4t	₫817.7b	10.2x	18.4x	2.4x
Mon, 01 Jan 2024	₫14.6t	₫5.0t	₫807.5b	13.4x	18.1x	2.9x
Wed, 29 Nov 2023	₫15.1t	₫5.0t	₫807.5b	13.9x	18.7x	3x
Fri, 27 Oct 2023	₫15.2t	₫5.0t	₫807.5b	13.9x	18.8x	3x
Sun, 24 Sep 2023	₫15.6t	₫5.0t	₫805.5b	14x	19.4x	3.1x
Tue, 22 Aug 2023	₫15.5t	₫5.0t	₫805.9b	13.9x	19.3x	3.1x
Thu, 20 Jul 2023	₫15.5t	₫5.0t	₫814.4b	13.3x	19x	3.1x
Sat, 17 Jun 2023	₫15.1t	₫5.0t	₫795.7b	13.6x	19x	3x
Mon, 15 May 2023	₫15.5t	₫5.0t	₫795.7b	14x	19.5x	3.1x
Wed, 12 Apr 2023	₫14.8t	₫5.0t	₫751.0b	14.7x	19.7x	2.9x
Fri, 10 Mar 2023	₫14.9t	₫5.4t	₫785.7b	13.1x	19x	2.8x
Sun, 05 Feb 2023	₫15.0t	₫5.4t	₫785.7b	11.7x	19x	2.8x
Tue, 03 Jan 2023	₫15.6t	₫5.0t	₫885.9b	14x	17.6x	3.1x
Thu, 01 Dec 2022	₫14.4t	₫5.0t	₫885.9b	12.4x	16.2x	2.9x
Sat, 29 Oct 2022	₫14.3t	₫4.8t	₫854.3b	13.3x	16.8x	3x
Mon, 26 Sep 2022	₫16.4t	₫4.7t	₫840.8b	16.9x	19.5x	3.5x

Price to Earnings Ratio

19.5x

Mon, 26 Sep 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 17.0x which is lower than its 3-year average PE of 19.0x.

The 3-year average PS ratio of 2.7x 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 11% per year over the last three years.
Revenues for these companies have grown 27% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.