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
Sat, 04 Jul 2026	zł12.5b	zł28.0b	zł1.4b	9.3x	9.3x	0.4x
Mon, 01 Jun 2026	zł12.8b	zł27.3b	zł1.3b	8.2x	9.8x	0.5x
Wed, 29 Apr 2026	zł12.8b	zł27.4b	zł1.4b	8.8x	9.1x	0.5x
Fri, 27 Mar 2026	zł12.4b	zł27.8b	zł1.4b	9.1x	8.8x	0.4x
Sun, 22 Feb 2026	zł13.0b	zł27.4b	zł1.5b	9.5x	8.8x	0.5x
Tue, 20 Jan 2026	zł13.0b	zł27.6b	zł1.5b	9.4x	8.6x	0.5x
Thu, 18 Dec 2025	zł12.5b	zł27.5b	zł1.5b	8.8x	8.3x	0.5x
Sat, 15 Nov 2025	zł11.9b	zł27.5b	zł1.7b	9.5x	6.9x	0.4x
Mon, 13 Oct 2025	zł11.8b	zł27.7b	zł1.7b	8.9x	6.7x	0.4x
Wed, 10 Sep 2025	zł12.0b	zł27.3b	zł1.5b	8.5x	7.8x	0.4x
Fri, 08 Aug 2025	zł12.0b	zł27.5b	zł1.4b	8.5x	8.4x	0.4x
Sun, 06 Jul 2025	zł11.7b	zł27.2b	zł1.4b	8x	8.2x	0.4x
Tue, 03 Jun 2025	zł12.1b	zł27.8b	zł1.5b	7.8x	8.3x	0.4x
Thu, 01 May 2025	zł12.3b	zł27.5b	zł1.7b	7.2x	7.2x	0.4x
Sat, 29 Mar 2025	zł13.2b	zł28.0b	zł1.7b	7.8x	7.8x	0.5x
Mon, 24 Feb 2025	zł13.7b	zł28.1b	zł2.0b	8x	6.7x	0.5x
Wed, 22 Jan 2025	zł11.1b	zł28.5b	zł2.1b	7.4x	5.3x	0.4x
Fri, 20 Dec 2024	zł9.8b	zł28.6b	zł2.1b	7.1x	4.7x	0.3x
Sun, 17 Nov 2024	zł9.3b	zł27.3b	zł1.4b	7.3x	6.7x	0.3x
Tue, 15 Oct 2024	zł8.9b	zł25.4b	zł838.1m	9.4x	10.6x	0.3x
Thu, 12 Sep 2024	zł9.3b	zł25.3b	zł846.6m	8.1x	10.9x	0.4x
Sat, 10 Aug 2024	zł9.0b	zł25.3b	zł810.7m	8.7x	11.1x	0.4x
Mon, 08 Jul 2024	zł9.6b	zł25.9b	zł981.6m	7.2x	9.8x	0.4x
Wed, 05 Jun 2024	zł9.2b	zł26.1b	zł939.9m	8.1x	9.7x	0.4x
Fri, 03 May 2024	zł8.5b	zł25.4b	zł768.3m	10.9x	11.1x	0.3x
Sun, 31 Mar 2024	zł7.9b	zł24.5b	zł784.2m	9.7x	10.1x	0.3x
Tue, 27 Feb 2024	zł8.6b	zł25.6b	zł1.1b	9.3x	8x	0.3x
Thu, 25 Jan 2024	zł7.9b	zł25.9b	zł1.1b	9.4x	7.3x	0.3x
Sat, 23 Dec 2023	zł7.8b	zł26.0b	zł1.8b	7.6x	4.3x	0.3x
Mon, 20 Nov 2023	zł7.1b	zł25.7b	zł1.9b	7.2x	3.7x	0.3x
Wed, 18 Oct 2023	zł7.1b	zł25.2b	zł1.2b	6.5x	6x	0.3x
Fri, 15 Sep 2023	zł6.9b	zł25.4b	zł1.1b	6.2x	6.1x	0.3x
Sun, 13 Aug 2023	zł6.1b	zł23.6b	zł1.0b	7.5x	6.1x	0.3x
Tue, 11 Jul 2023	zł5.7b	zł23.5b	zł897.3m	11.5x	6.4x	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 9.3x 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 14% per year over the last three years.
Revenues for these companies have grown 6.0% 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	2.77%
Consumer Staples	-0.35%
Food	0.68%
Agricultural Products	1.27%
Packaged Foods and Meats	-0.46%

Industry PE

Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 12.8x.

Analysts expect its future annual earnings growth (26.6%) to be largely in line with prior year's earnings growth.

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 roughly in line with its past earnings growth rate.

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
KER Kernel Holding	zł19.50	1.5% +zł82.1m	13.5%	PE6.7x
IMC IMC	zł35.25	1.6% +zł19.5m	18.3%	PE5.4x
HEL Helio	zł53.80	5.5% +zł12.6m	97.1%	PE9.5x
TAR Tarczynski	zł124.00	0.4% +zł5.7m	2.9%	PE9.5x
AGL Agroliga Group	zł28.00	12.0% +zł4.6m	20.7%	PE5.3x

New major risk - Revenue and earnings growth

Earnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł4.7m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (400% increase in shares outstanding). Revenue is less than US$1m (zł279k revenue, or US$74k). Market cap is less than US$10m (zł29.0m market cap, or US$7.67m).

Polish (WIG) Food Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

New minor risk - Share price stability

New major risk - Financial position

New minor risk - Financial data availability

New major risk - Revenue and earnings growth

Upcoming dividend of zł0.74 per share

Now 20% undervalued

New minor risk - Financial data availability

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)

Pepees S.A., Annual General Meeting, Jun 23, 2026

Solar Innovation S.A., Annual General Meeting, Jun 17, 2026

New major risk - Dividend sustainability

Upcoming dividend of zł35.00 per share

Investor sentiment improves as stock rises 18%

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