Header cover image

Polish (WIG) Market Analysis & Valuation

UpdatedMar 19, 2024
DataAggregated Company Financials
Companies649
  • 7D-0.3%
  • 3M1.8%
  • 1Y34.1%
  • YTD3.5%

Over the last 7 days, the market has remained flat, although notably the Materials sector gained 3.9% in that time. As for the longer term, the market has risen 35% in the past 12 months. As for the next few years, earnings are expected to grow by 9.3% per annum.

Market Valuation and Performance

Has the Polish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 19 Mar 2024zł846.2bzł1.3tzł84.5b12.5x10x0.7x
Thu, 15 Feb 2024zł836.7bzł1.3tzł89.7b12.9x9.3x0.7x
Sat, 13 Jan 2024zł818.3bzł1.3tzł90.6b12.8x9x0.6x
Mon, 11 Dec 2023zł827.0bzł1.3tzł91.6b12.4x9x0.6x
Wed, 08 Nov 2023zł775.8bzł1.3tzł86.2b12.2x9x0.6x
Fri, 06 Oct 2023zł692.3bzł1.3tzł87.9b11.9x7.9x0.6x
Sun, 03 Sep 2023zł747.4bzł1.2tzł114.6b12.8x6.5x0.6x
Tue, 01 Aug 2023zł789.0bzł1.2tzł93.4b13x8.4x0.6x
Thu, 29 Jun 2023zł734.8bzł1.2tzł92.8b12.7x7.9x0.6x
Sat, 27 May 2023zł720.9bzł1.2tzł91.7b11.9x7.9x0.6x
Mon, 24 Apr 2023zł696.8bzł1.2tzł90.9b11.8x7.7x0.6x
Wed, 22 Mar 2023zł592.9bzł1.1tzł96.2b11.2x6.2x0.6x
Fri, 17 Feb 2023zł677.3bzł1.0tzł80.9b10.9x8.4x0.6x
Sun, 15 Jan 2023zł690.5bzł1.0tzł76.8b10.2x9x0.7x
Tue, 13 Dec 2022zł639.9bzł1.0tzł77.2b10.1x8.3x0.6x
Thu, 10 Nov 2022zł585.3bzł974.8bzł77.8b9.7x7.5x0.6x
Sat, 08 Oct 2022zł535.2bzł1.1tzł90.8b9.3x5.9x0.5x
Mon, 05 Sep 2022zł577.3bzł1.1tzł89.4b9.6x6.5x0.5x
Wed, 03 Aug 2022zł638.1bzł1.0tzł89.4b9.9x7.1x0.6x
Fri, 01 Jul 2022zł623.2bzł1.0tzł89.2b9.7x7x0.6x
Sun, 29 May 2022zł654.5bzł1.0tzł86.5b10x7.6x0.6x
Tue, 26 Apr 2022zł687.6bzł912.9bzł77.3b11x8.9x0.8x
Thu, 24 Mar 2022zł740.2bzł862.1bzł67.2b11x11x0.9x
Sat, 19 Feb 2022zł754.2bzł846.0bzł59.1b11.3x12.8x0.9x
Mon, 17 Jan 2022zł832.7bzł823.3bzł57.2b12.3x14.6x1x
Wed, 15 Dec 2021zł782.1bzł822.0bzł56.3b11.7x13.9x1x
Fri, 12 Nov 2021zł832.8bzł798.6bzł53.8b12.7x15.5x1x
Sun, 10 Oct 2021zł841.0bzł775.3bzł45.0b12.6x18.7x1.1x
Tue, 07 Sep 2021zł832.1bzł767.1bzł39.0b13.6x21.3x1.1x
Thu, 05 Aug 2021zł789.7bzł764.3bzł39.2b13.4x20.1x1x
Sun, 09 May 2021zł692.0bzł709.0bzł34.6b14.4x20x1x
Price to Earnings Ratio

18.6x


Total Market Cap: zł655.6bTotal Earnings: zł35.2bTotal Revenue: zł701.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Market Price to Earnings3Y Average 11.2x202220232024
Current Market PE
  • Investors are pessimistic on the Polish market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 10.1x which is lower than its 3-year average PE of 11.2x.
Past Earnings Growth
  • The earnings for Polish listed companies have grown 34% 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-0.33%
Industrials2.86%
Materials2.86%
Financials1.31%
Energy1.17%
Tech0.29%
Real Estate0.23%
Telecom-0.92%
Healthcare-1.20%
Consumer Staples-3.85%
Utilities-5.02%
Consumer Discretionary-5.83%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 16.1x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 22.6% which is higher than its past year's earnings decline of 27.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 4.1% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
KGH KGHM Polska Miedzzł117.956.3%
+zł1.4b
0.5%PE70.6xMaterials
MBK mBankzł725.004.7%
+zł1.4b
164.8%PB2.2xFinancials
ALE Allegro.euzł32.064.0%
+zł1.2b
18.3%PE119xConsumer Discretionary
BNP BNP Paribas Bank Polskazł105.008.2%
+zł1.2b
105.9%PB1.2xFinancials
BDX Budimexzł696.006.3%
+zł1.0b
131.2%PE28.4xIndustrials
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

When we checked in on commodity markets in November there was a lot of red on the YTD returns table. Since then, the gold price has hit a new record and crude is back above $80...

Latest News

LPP

zł13,800.00

LPP

7D

-21.9%

1Y

48.5%

PKN

zł63.18

Orlen

7D

1.3%

1Y

13.5%

PKO

zł55.52

Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna

7D

0.9%

1Y

107.5%

PGE

zł7.15

PGE Polska Grupa Energetyczna

7D

-3.7%

1Y

19.5%

BNP

zł105.00

BNP Paribas Bank Polska

7D

8.2%

1Y

105.9%

MBK

zł725.00

mBank

7D

4.7%

1Y

164.8%

MIL

zł10.59

Bank Millennium

7D

7.0%

1Y

169.3%

SPL

zł527.50

Santander Bank Polska

7D

-0.8%

1Y

99.4%

BDX

zł696.00

Budimex

7D

6.3%

1Y

131.2%

KER

zł9.11

Kernel Holding

7D

-27.0%

1Y

-50.9%