Polish (WIG) Food Industry Analysis

Industry Valuation and Performance

Has the Polish Food Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 19 Jun 2026	zł12.5b	zł27.8b	zł1.3b	9.1x	9.4x	0.4x
Sun, 17 May 2026	zł13.0b	zł27.3b	zł1.2b	9.8x	10.5x	0.5x
Tue, 14 Apr 2026	zł12.6b	zł27.3b	zł1.4b	8.7x	9.1x	0.5x
Thu, 12 Mar 2026	zł12.6b	zł27.6b	zł1.4b	9.4x	9x	0.5x
Sat, 07 Feb 2026	zł13.3b	zł27.3b	zł1.5b	9.3x	8.9x	0.5x
Mon, 05 Jan 2026	zł12.5b	zł27.5b	zł1.5b	9.2x	8.3x	0.5x
Wed, 03 Dec 2025	zł12.9b	zł27.8b	zł1.5b	9x	8.5x	0.5x
Fri, 31 Oct 2025	zł11.9b	zł27.7b	zł1.7b	9.5x	6.8x	0.4x
Sun, 28 Sep 2025	zł11.8b	zł27.4b	zł1.5b	8.3x	7.7x	0.4x
Tue, 26 Aug 2025	zł12.4b	zł27.6b	zł1.4b	8.3x	8.7x	0.4x
Thu, 24 Jul 2025	zł11.7b	zł27.3b	zł1.4b	8.6x	8.3x	0.4x
Sat, 21 Jun 2025	zł11.4b	zł27.7b	zł1.5b	7.8x	7.8x	0.4x
Mon, 19 May 2025	zł12.9b	zł27.8b	zł1.8b	7.3x	7.3x	0.5x
Wed, 16 Apr 2025	zł11.7b	zł27.8b	zł1.7b	7.4x	6.9x	0.4x
Fri, 14 Mar 2025	zł12.9b	zł27.9b	zł1.7b	8.4x	7.6x	0.5x
Sun, 09 Feb 2025	zł11.7b	zł28.4b	zł2.1b	7.3x	5.6x	0.4x
Tue, 07 Jan 2025	zł9.9b	zł28.8b	zł2.1b	7.9x	4.7x	0.3x
Thu, 05 Dec 2024	zł9.9b	zł27.4b	zł1.5b	7x	6.8x	0.4x
Sat, 02 Nov 2024	zł8.9b	zł26.8b	zł1.3b	7.7x	7.1x	0.3x
Mon, 30 Sep 2024	zł9.2b	zł25.0b	zł818.5m	8.8x	11.2x	0.4x
Wed, 28 Aug 2024	zł9.3b	zł24.8b	zł797.1m	8.6x	11.7x	0.4x
Fri, 26 Jul 2024	zł9.2b	zł25.3b	zł809.8m	8.3x	11.4x	0.4x
Sun, 23 Jun 2024	zł9.9b	zł26.3b	zł995.6m	7.5x	9.9x	0.4x
Tue, 21 May 2024	zł9.0b	zł25.2b	zł802.7m	10x	11.2x	0.4x
Thu, 18 Apr 2024	zł8.5b	zł25.3b	zł811.2m	10x	10.5x	0.3x
Sat, 16 Mar 2024	zł8.0b	zł24.7b	zł786.5m	8.9x	10.2x	0.3x
Mon, 12 Feb 2024	zł8.2b	zł25.8b	zł1.1b	8.4x	7.6x	0.3x
Wed, 10 Jan 2024	zł7.7b	zł25.6b	zł1.1b	7.8x	7.2x	0.3x
Fri, 08 Dec 2023	zł7.2b	zł25.8b	zł1.8b	9.9x	3.9x	0.3x
Sun, 05 Nov 2023	zł7.0b	zł26.3b	zł2.1b	7x	3.3x	0.3x
Tue, 03 Oct 2023	zł7.0b	zł25.6b	zł1.1b	6.5x	6.1x	0.3x
Thu, 31 Aug 2023	zł5.9b	zł24.2b	zł821.2m	6.3x	7.2x	0.2x
Sat, 29 Jul 2023	zł5.8b	zł23.4b	zł991.9m	7.1x	5.8x	0.2x
Mon, 26 Jun 2023	zł5.6b	zł23.6b	zł902.0m	10x	6.2x	0.2x

Current Industry PE

Investors are optimistic on the Polish Food industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 9.5x which is higher than its 3-year average PE of 8.0x.

The industry is trading close to its 3-year average PS ratio of 0.38x.

Past Earnings Growth

The earnings for companies in the Food industry have grown 13% per year over the last three years.
Revenues for these companies have grown 5.5% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Polish Consumer Staples industry?


PL Market	0.77%
Consumer Staples	0.033%
Food	-0.07%
Agricultural Products	0.29%
Packaged Foods and Meats	-0.80%

Industry PE

Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 12.7x.

Analysts are expecting annual earnings growth of 26.6%, which is higher than its past year's earnings growth of 10.0% per year.

Investors are most pessimistic about the Agricultural Products industry, which is trading close to its 3-year average of 7.2x.

Forecasted Growth

Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 27% over the next 5 years.
This is better than its past earnings growth rate of 10% per year.

In contrast, the Packaged Foods and Meats 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
MAK Makarony Polskie	zł22.85	13.1% +zł28.9m	18.1%	PE12.4x
IMC IMC	zł37.10	1.4% +zł17.8m	32.5%	PE5.8x
KER Kernel Holding	zł19.34	0.3% +zł17.6m	18.7%	PE6.7x
WWL Wawel	zł734.00	0.5% +zł5.2m	9.9%	PE10.6x
SEK Seko	zł11.90	5.3% +zł4.0m	39.7%	PE6.9x

New major risk - Dividend sustainability

The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 4.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 6.6% per year over the past 5 years.

Polish (WIG) Food Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Upcoming dividend of zł0.74 per share

Now 20% undervalued

MedTech Solutions S.A., Annual General Meeting, Jun 30, 2026

Investor sentiment improves as stock rises 19%

New minor risk - Financial data availability

Third quarter 2025 earnings released: EPS: zł4.57 (vs zł2.98 in 3Q 2024)

Investor sentiment improves as stock rises 26%

Dividend increased to zł0.30

onesano S.A., Annual General Meeting, Jun 30, 2026

Makarony Polskie S.A., Annual General Meeting, Jun 29, 2026

Agroton Public Limited, Annual General Meeting, Jun 03, 2026

Third quarter 2026 earnings released: EPS: US$0.30 (vs US$0.14 in 3Q 2025)

New major risk - Dividend sustainability

Upcoming dividend of zł35.00 per share

Zaklady Przemyslu Cukierniczego Otmuchów S.A., Annual General Meeting, Jun 09, 2026

HiProMine S.A., Annual General Meeting, May 21, 2026