Vietnamese (HOSE) Auto Components Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies5
- 7D3.0%
- 3M11.2%
- 1Y29.1%
- YTD19.9%
Danang Rubber is up 4.7%, leading the way for the Auto Components industry, which has gained 3.0%. Meanwhile, Thong Nhat Rubber actually underperformed within the industry, shrinking 7.6% in the last week. In the last 12 months, the industry was up 29%. Earnings are forecast to grow by 7.2% annually.
Industry Valuation and Performance
Has the Vietnamese Auto Components Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ₫9.1t | ₫13.8t | ₫456.4b | 23x | 20x | 0.7x |
| Tue, 16 Apr 2024 | ₫8.4t | ₫14.1t | ₫419.2b | 21.7x | 20.1x | 0.6x |
| Thu, 14 Mar 2024 | ₫8.9t | ₫14.1t | ₫442.8b | 19.6x | 20.1x | 0.6x |
| Sat, 10 Feb 2024 | ₫8.5t | ₫14.1t | ₫442.8b | 18.3x | 19.2x | 0.6x |
| Mon, 08 Jan 2024 | ₫7.7t | ₫13.6t | ₫380.1b | 20.6x | 20.2x | 0.6x |
| Wed, 06 Dec 2023 | ₫7.3t | ₫13.6t | ₫380.1b | 19.7x | 19.1x | 0.5x |
| Fri, 03 Nov 2023 | ₫7.0t | ₫13.6t | ₫380.1b | 19.8x | 18.3x | 0.5x |
| Sun, 01 Oct 2023 | ₫7.2t | ₫14.1t | ₫391.9b | 20.8x | 18.3x | 0.5x |
| Tue, 29 Aug 2023 | ₫7.3t | ₫14.1t | ₫391.9b | 22x | 18.6x | 0.5x |
| Thu, 27 Jul 2023 | ₫7.1t | ₫14.1t | ₫401.6b | 20.7x | 17.8x | 0.5x |
| Sat, 24 Jun 2023 | ₫7.0t | ₫14.2t | ₫468.2b | 18.3x | 15x | 0.5x |
| Mon, 22 May 2023 | ₫7.1t | ₫14.2t | ₫468.2b | 18.3x | 15.1x | 0.5x |
| Wed, 19 Apr 2023 | ₫7.3t | ₫14.5t | ₫534.5b | 15.3x | 13.6x | 0.5x |
| Fri, 17 Mar 2023 | ₫7.5t | ₫14.5t | ₫557.5b | 14.4x | 13.5x | 0.5x |
| Sun, 12 Feb 2023 | ₫7.1t | ₫14.5t | ₫557.5b | 14.5x | 12.8x | 0.5x |
| Tue, 10 Jan 2023 | ₫7.4t | ₫14.7t | ₫595.1b | 11.7x | 12.5x | 0.5x |
| Thu, 08 Dec 2022 | ₫7.3t | ₫14.7t | ₫595.1b | 9.8x | 12.3x | 0.5x |
| Sat, 05 Nov 2022 | ₫7.3t | ₫14.7t | ₫595.1b | 11.1x | 12.3x | 0.5x |
| Mon, 03 Oct 2022 | ₫8.4t | ₫13.9t | ₫536.8b | 10.6x | 15.6x | 0.6x |
| Wed, 31 Aug 2022 | ₫8.6t | ₫13.9t | ₫522.1b | 11.5x | 16.6x | 0.6x |
| Fri, 29 Jul 2022 | ₫8.4t | ₫13.9t | ₫522.1b | 11x | 16.1x | 0.6x |
| Sun, 26 Jun 2022 | ₫8.0t | ₫13.8t | ₫532.4b | 10.8x | 15.1x | 0.6x |
| Tue, 24 May 2022 | ₫8.2t | ₫13.8t | ₫532.4b | 11.1x | 15.3x | 0.6x |
| Thu, 21 Apr 2022 | ₫9.1t | ₫13.2t | ₫534.1b | 12.9x | 17x | 0.7x |
| Sat, 19 Mar 2022 | ₫9.0t | ₫13.2t | ₫529.3b | 13.6x | 16.9x | 0.7x |
| Mon, 14 Feb 2022 | ₫8.6t | ₫13.2t | ₫529.5b | 13x | 16.3x | 0.7x |
| Wed, 12 Jan 2022 | ₫8.8t | ₫13.2t | ₫549.8b | 12.5x | 16x | 0.7x |
| Fri, 10 Dec 2021 | ₫9.1t | ₫13.2t | ₫549.8b | 13x | 16.6x | 0.7x |
| Sun, 07 Nov 2021 | ₫9.0t | ₫13.2t | ₫549.8b | 13.5x | 16.4x | 0.7x |
| Tue, 05 Oct 2021 | ₫8.9t | ₫13.7t | ₫675.6b | 11.9x | 13.2x | 0.7x |
| Thu, 02 Sep 2021 | ₫9.0t | ₫13.8t | ₫685.5b | 12.7x | 13.2x | 0.7x |
| Sat, 31 Jul 2021 | ₫8.1t | ₫13.8t | ₫685.5b | 11.6x | 11.8x | 0.6x |
Price to Earnings Ratio
12.9x
Current Industry PE
- Investors are optimistic on the Vietnamese Auto Components industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 20.0x which is higher than its 3-year average PE of 15.8x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Auto Components industry have declined 9.4% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Vietnamese Consumer Discretionary industry?
| VN Market | 2.26% | |
| Consumer Discretionary | 1.50% | |
| Auto Components | 3.03% | |
| Auto Parts and Equipment | 10.94% | |
| Tires and Rubber | 1.43% | |
Industry PE
- Investors are most optimistic about the Tires and Rubber industry which is trading above its 3-year average PE ratio of 17.5x.
- Analysts are expecting annual earnings growth of 7.2%, which is lower than the prior year's growth of 14.7% per year.
- Investors are most pessimistic about the Auto Parts and Equipment industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.3x.
Forecasted Growth
- Analysts are most optimistic on the Tires and Rubber industry, expecting annual earnings growth of 7.2% over the next 5 years.
- However this is lower than its past earnings growth rate of 15% per year.
- In contrast, the Tires and Rubber industry is expected to see its earnings grow by 7.2% 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 | |
|---|---|---|---|---|---|
| DRC Danang Rubber | ₫33.40k | 4.7% +₫178.2b | 59.0% | PE14.7x | |
| PAC Dry Cell and Storage Battery | ₫35.50k | 10.9% +₫162.7b | 20.3% | PE15.7x | |
| CSM Southern Rubber Industry | ₫15.30k | 4.8% +₫72.5b | 8.9% | PE30.3x |