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May 02
Polish (WIG) Market Analysis & Valuation
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies653
- 7D0.2%
- 3M5.6%
- 1Y25.2%
- YTD7.0%
Over the last 7 days, the market has remained flat, with no particular sector making any big moves this week. More promisingly, the market is up 25% over the past year. Earnings are forecast to grow by 13% annually.
Market Valuation and Performance
Has the Polish Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | zł874.4b | zł1.3t | zł70.1b | 12x | 12.5x | 0.7x |
| Sat, 30 Mar 2024 | zł873.8b | zł1.3t | zł85.0b | 12.7x | 10.3x | 0.7x |
| Mon, 26 Feb 2024 | zł878.5b | zł1.3t | zł86.0b | 12.5x | 10.2x | 0.7x |
| Wed, 24 Jan 2024 | zł801.1b | zł1.3t | zł90.6b | 12.4x | 8.8x | 0.6x |
| Fri, 22 Dec 2023 | zł840.9b | zł1.3t | zł91.4b | 12.7x | 9.2x | 0.7x |
| Sun, 19 Nov 2023 | zł792.7b | zł1.3t | zł90.5b | 11.7x | 8.8x | 0.6x |
| Tue, 17 Oct 2023 | zł749.6b | zł1.3t | zł88.1b | 12.1x | 8.5x | 0.6x |
| Thu, 14 Sep 2023 | zł720.7b | zł1.2t | zł91.5b | 12.5x | 7.9x | 0.6x |
| Sat, 12 Aug 2023 | zł763.9b | zł1.2t | zł93.9b | 13.3x | 8.1x | 0.6x |
| Mon, 10 Jul 2023 | zł739.0b | zł1.2t | zł92.7b | 12.9x | 8x | 0.6x |
| Wed, 07 Jun 2023 | zł738.5b | zł1.2t | zł92.4b | 12x | 8x | 0.6x |
| Fri, 05 May 2023 | zł691.2b | zł1.2t | zł91.4b | 11.8x | 7.6x | 0.6x |
| Sun, 02 Apr 2023 | zł658.5b | zł1.1t | zł89.9b | 11.5x | 7.3x | 0.6x |
| Tue, 28 Feb 2023 | zł666.6b | zł1.1t | zł93.7b | 11.3x | 7.1x | 0.6x |
| Thu, 26 Jan 2023 | zł681.1b | zł1.0t | zł76.8b | 10.5x | 8.9x | 0.7x |
| Sat, 24 Dec 2022 | zł644.0b | zł1.0t | zł76.8b | 10.1x | 8.4x | 0.6x |
| Mon, 21 Nov 2022 | zł624.0b | zł984.4b | zł71.0b | 10.1x | 8.8x | 0.6x |
| Wed, 19 Oct 2022 | zł540.7b | zł1.1t | zł90.7b | 9.2x | 6x | 0.5x |
| Fri, 16 Sep 2022 | zł586.7b | zł1.1t | zł90.1b | 9.5x | 6.5x | 0.5x |
| Sun, 14 Aug 2022 | zł649.0b | zł1.0t | zł86.8b | 9.8x | 7.5x | 0.6x |
| Tue, 12 Jul 2022 | zł629.4b | zł1.0t | zł88.6b | 9.9x | 7.1x | 0.6x |
| Thu, 09 Jun 2022 | zł659.2b | zł1.0t | zł87.7b | 10.3x | 7.5x | 0.6x |
| Sat, 07 May 2022 | zł641.9b | zł937.3b | zł81.3b | 10.3x | 7.9x | 0.7x |
| Mon, 04 Apr 2022 | zł754.7b | zł901.1b | zł77.0b | 10.9x | 9.8x | 0.8x |
| Wed, 02 Mar 2022 | zł695.4b | zł857.6b | zł65.3b | 10.4x | 10.6x | 0.8x |
| Fri, 28 Jan 2022 | zł781.6b | zł824.6b | zł57.3b | 11.7x | 13.6x | 0.9x |
| Sun, 26 Dec 2021 | zł784.1b | zł824.4b | zł56.9b | 11.3x | 13.8x | 1x |
| Tue, 23 Nov 2021 | zł797.5b | zł806.4b | zł55.0b | 12.1x | 14.5x | 1x |
| Thu, 21 Oct 2021 | zł848.2b | zł774.0b | zł44.9b | 13.1x | 18.9x | 1.1x |
| Sat, 18 Sep 2021 | zł817.7b | zł765.2b | zł38.0b | 13.5x | 21.5x | 1.1x |
| Mon, 16 Aug 2021 | zł798.3b | zł764.2b | zł39.2b | 13.7x | 20.4x | 1x |
| Mon, 31 May 2021 | zł768.7b | zł725.7b | zł34.8b | 15x | 22.1x | 1.1x |
Price to Earnings Ratio
20x
Current Market PE
- Investors are optimistic on the Polish market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 12.5x which is higher than its 3-year average PE of 10.7x.
Past Earnings Growth
- The earnings for Polish listed companies have grown 27% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Polish Market?
| PL Market | 0.22% | |
| Materials | 2.96% | |
| Consumer Discretionary | 2.22% | |
| Consumer Staples | 1.19% | |
| Utilities | 1.13% | |
| Telecom | 0.72% | |
| Tech | 0.39% | |
| Healthcare | 0.13% | |
| Financials | -0.67% | |
| Industrials | -0.76% | |
| Energy | -0.77% | |
| Real Estate | -1.36% | |
Sector PE
- Investors favour the Consumer Discretionary sector the most for future growth even though it's trading below its 3-year average PE ratio of 41.8x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 26.6%, which is higher than its past year's earnings growth of 3.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings growth rate of 18% per year.
- In contrast, the Energy sector is expected to see its earnings decline by 12% 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 | Sector | |
|---|---|---|---|---|---|---|
| KGH KGHM Polska Miedz | zł140.65 | 5.8% +zł1.6b | 21.3% | PE84.2x | Materials | |
| ALE Allegro.eu | zł34.02 | 3.4% +zł1.2b | 4.1% | PE126.3x | Consumer Discretionary | |
| LPP LPP | zł15.73k | 3.4% +zł964.7m | 26.5% | PE18.2x | Consumer Discretionary | |
| ING ING Bank Slaski | zł318.00 | 2.1% +zł845.7m | 98.8% | PB2.5x | Financials | |
| DNP Dino Polska | zł389.90 | 2.0% +zł754.9m | -9.0% | PE27.2x | Consumer Staples |
