Vietnamese (HOSE) Renewable Energy Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies18
- 7D3.5%
- 3M3.2%
- 1Y2.3%
- YTD7.5%
The Renewable Energy industry is up 1.8% in the last week, with Vinacomin - Power Holding up 13%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 27% 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 |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ₫83.8t | ₫49.4t | ₫3.7t | 13.7x | 22.5x | 1.7x |
| Tue, 16 Apr 2024 | ₫80.9t | ₫50.0t | ₫4.3t | 12.6x | 18.6x | 1.6x |
| Thu, 14 Mar 2024 | ₫82.8t | ₫49.0t | ₫4.6t | 12.1x | 18x | 1.7x |
| Sat, 10 Feb 2024 | ₫80.1t | ₫51.0t | ₫5.2t | 11.5x | 15.3x | 1.6x |
| Mon, 08 Jan 2024 | ₫74.1t | ₫39.6t | ₫5.0t | 9.3x | 14.8x | 1.9x |
| Wed, 06 Dec 2023 | ₫73.7t | ₫39.6t | ₫5.0t | 9.1x | 14.7x | 1.9x |
| Fri, 03 Nov 2023 | ₫70.4t | ₫39.5t | ₫5.1t | 8.9x | 13.8x | 1.8x |
| Sun, 01 Oct 2023 | ₫73.6t | ₫39.8t | ₫5.3t | 9.3x | 13.8x | 1.8x |
| Tue, 29 Aug 2023 | ₫75.6t | ₫39.8t | ₫5.3t | 8.8x | 14.2x | 1.9x |
| Thu, 27 Jul 2023 | ₫78.8t | ₫39.2t | ₫5.8t | 8.6x | 13.5x | 2x |
| Sat, 24 Jun 2023 | ₫78.3t | ₫39.3t | ₫5.9t | 8x | 13.2x | 2x |
| Mon, 22 May 2023 | ₫76.4t | ₫39.2t | ₫5.9t | 7.7x | 13x | 2x |
| Wed, 19 Apr 2023 | ₫76.3t | ₫38.9t | ₫6.1t | 7.9x | 12.5x | 2x |
| Fri, 17 Mar 2023 | ₫76.3t | ₫38.9t | ₫6.0t | 7.4x | 12.7x | 2x |
| Sun, 12 Feb 2023 | ₫72.4t | ₫38.9t | ₫6.0t | 7.7x | 12.1x | 1.9x |
| Tue, 10 Jan 2023 | ₫69.8t | ₫34.4t | ₫5.1t | 7.4x | 13.6x | 2x |
| Thu, 08 Dec 2022 | ₫67.1t | ₫34.2t | ₫5.0t | 7.1x | 13.3x | 2x |
| Sat, 05 Nov 2022 | ₫65.0t | ₫33.8t | ₫4.8t | 8.3x | 13.6x | 1.9x |
| Mon, 03 Oct 2022 | ₫75.6t | ₫32.7t | ₫4.9t | 9.6x | 15.3x | 2.3x |
| Wed, 31 Aug 2022 | ₫80.9t | ₫32.7t | ₫4.9t | 9.7x | 16.5x | 2.5x |
| Fri, 29 Jul 2022 | ₫80.0t | ₫32.8t | ₫5.2t | 9.8x | 15.3x | 2.4x |
| Sun, 26 Jun 2022 | ₫81.4t | ₫32.4t | ₫5.0t | 10x | 16.4x | 2.5x |
| Tue, 24 May 2022 | ₫75.4t | ₫32.4t | ₫5.0t | 10.3x | 15.2x | 2.3x |
| Thu, 21 Apr 2022 | ₫78.5t | ₫31.9t | ₫4.2t | 11.9x | 18.7x | 2.5x |
| Sat, 19 Mar 2022 | ₫86.9t | ₫44.7t | ₫4.1t | 11.9x | 21x | 1.9x |
| Mon, 14 Feb 2022 | ₫90.8t | ₫44.7t | ₫4.1t | 12x | 22x | 2x |
| Wed, 12 Jan 2022 | ₫90.5t | ₫48.5t | ₫5.1t | 11.9x | 17.9x | 1.9x |
| Fri, 10 Dec 2021 | ₫79.5t | ₫48.5t | ₫5.1t | 11.7x | 15.7x | 1.6x |
| Sun, 07 Nov 2021 | ₫74.4t | ₫48.5t | ₫5.2t | 11.2x | 14.4x | 1.5x |
| Tue, 05 Oct 2021 | ₫71.3t | ₫48.9t | ₫4.7t | 13.3x | 15.2x | 1.5x |
| Thu, 02 Sep 2021 | ₫68.4t | ₫48.9t | ₫4.6t | 12.4x | 14.8x | 1.4x |
| Sat, 31 Jul 2021 | ₫59.9t | ₫48.9t | ₫4.6t | 11.4x | 12.9x | 1.2x |
Price to Earnings Ratio
14.7x
Current Industry PE
- Investors are optimistic on the Vietnamese Renewable Energy industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 22.3x which is higher than its 3-year average PE of 15.4x.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Renewable Energy industry have declined 4.4% 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 Utilities industry?
| VN Market | 2.26% | |
| Utilities | 1.24% | |
| Renewable Energy | 3.51% | |
| Independent Power Producers and Energy Traders | 5.19% | |
| Renewable Energy | 2.34% | |
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 21.1x.
- Analysts are expecting annual earnings growth of 26.8%, which is higher than its past year's earnings decline of 38.6% per year.
- Investors are most pessimistic about the Renewable Energy industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.8x.
Forecasted Growth
- Analysts are most optimistic on the Independent Power Producers and Energy Traders industry, expecting annual earnings growth of 27% over the next 5 years.
- This is better than its past earnings decline of 39% per year.
- In contrast, the Independent Power Producers and Energy Traders industry is expected to see its earnings grow by 27% 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 | ₫12.70k | 13.4% +₫1.0t | 27.0% | PE18.8x | |
| POW PetroVietnam Power Corporation - JSC | ₫11.25k | 2.7% +₫702.6b | -16.7% | PE33.7x | |
| VSH Vinh Son - Song Hinh Hydropower | ₫49.05k | 2.2% +₫248.1b | 16.1% | PE22.3x | |
| CHP Central Hydropower | ₫33.20k | 3.8% +₫176.3b | 36.9% | PE14.5x | |
| SHP Southern Hydropower | ₫35.90k | 5.0% +₫172.1b | 29.1% | PE13.7x |