Returns Are Gaining Momentum At Zamet (WSE:ZMT)
Nov 17
Polish (WIG) Energy Sector Analysis
UpdatedDec 06, 2023
DataAggregated Company Financials
Companies7
- 7D-4.4%
- 3M-4.3%
- 1Y-5.5%
- YTD-6.8%
Over the last 7 days, the Energy industry has dropped 3.6%, driven by a pullback from Orlen of 5.1%. However, the industry is down 5.6% over the past year. As for the next few years, earnings are forecast to decline by 21% per annum.
Sector Valuation and Performance
Has the Polish Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 06 Dec 2023 | zł116.7b | zł541.1b | zł44.2b | 3.5x | 2.6x | 0.2x |
| Fri, 03 Nov 2023 | zł123.1b | zł541.2b | zł46.2b | 3.5x | 2.7x | 0.2x |
| Sun, 01 Oct 2023 | zł114.7b | zł538.7b | zł55.4b | 3.5x | 2.1x | 0.2x |
| Tue, 29 Aug 2023 | zł120.8b | zł538.9b | zł55.5b | 3.5x | 2.2x | 0.2x |
| Thu, 27 Jul 2023 | zł127.9b | zł522.1b | zł54.6b | 3.5x | 2.3x | 0.2x |
| Sat, 24 Jun 2023 | zł123.0b | zł522.1b | zł54.6b | 3.6x | 2.3x | 0.2x |
| Mon, 22 May 2023 | zł121.8b | zł456.1b | zł48.4b | 3.6x | 2.5x | 0.3x |
| Wed, 19 Apr 2023 | zł119.3b | zł455.3b | zł48.2b | 4x | 2.5x | 0.3x |
| Fri, 17 Mar 2023 | zł111.2b | zł455.6b | zł48.5b | 3.6x | 2.3x | 0.2x |
| Sun, 12 Feb 2023 | zł120.8b | zł394.2b | zł36.4b | 3.8x | 3.3x | 0.3x |
| Tue, 10 Jan 2023 | zł119.1b | zł394.2b | zł36.4b | 3.6x | 3.3x | 0.3x |
| Thu, 08 Dec 2022 | zł121.7b | zł381.7b | zł36.5b | 3.5x | 3.3x | 0.3x |
| Sat, 05 Nov 2022 | zł85.9b | zł356.0b | zł26.6b | 3.5x | 3.2x | 0.2x |
| Mon, 03 Oct 2022 | zł78.1b | zł356.0b | zł26.7b | 3.5x | 2.9x | 0.2x |
| Wed, 31 Aug 2022 | zł87.6b | zł353.9b | zł26.4b | 3.8x | 3.3x | 0.2x |
| Fri, 29 Jul 2022 | zł84.2b | zł304.9b | zł25.0b | 4.2x | 3.4x | 0.3x |
| Sun, 26 Jun 2022 | zł74.0b | zł304.9b | zł25.0b | 3.8x | 3x | 0.2x |
| Tue, 24 May 2022 | zł81.9b | zł302.4b | zł24.8b | 5.3x | 3.3x | 0.3x |
| Thu, 21 Apr 2022 | zł88.3b | zł243.6b | zł20.7b | 5.5x | 4.3x | 0.4x |
| Sat, 19 Mar 2022 | zł83.0b | zł217.4b | zł17.0b | 5.6x | 4.9x | 0.4x |
| Mon, 14 Feb 2022 | zł74.1b | zł217.4b | zł17.2b | 4.7x | 4.3x | 0.3x |
| Wed, 12 Jan 2022 | zł82.6b | zł199.4b | zł14.0b | 5.4x | 5.9x | 0.4x |
| Fri, 10 Dec 2021 | zł77.6b | zł199.4b | zł14.0b | 5x | 5.5x | 0.4x |
| Sun, 07 Nov 2021 | zł88.4b | zł192.5b | zł13.4b | 5.6x | 6.6x | 0.5x |
| Tue, 05 Oct 2021 | zł85.9b | zł176.1b | zł10.6b | 7.4x | 8.1x | 0.5x |
| Thu, 02 Sep 2021 | zł79.8b | zł176.0b | zł10.5b | 6.7x | 7.6x | 0.5x |
| Sat, 31 Jul 2021 | zł78.8b | zł176.0b | zł10.5b | 6.6x | 7.5x | 0.4x |
| Tue, 04 May 2021 | zł76.7b | zł156.6b | zł16.0b | 5.3x | 4.8x | 0.5x |
| Fri, 05 Feb 2021 | zł64.8b | zł153.1b | zł9.2b | 8.8x | 7x | 0.4x |
Price to Earnings Ratio
7.1x
Current Industry PE
- Investors are pessimistic on the Polish Energy industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 2.6x which is lower than its 3-year average PE of 4.3x.
- The industry is trading close to its 3-year average PS ratio of 0.34x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 72% per year over the last three years.
- Revenues for these companies have grown 50% 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 Energy sector?
| PL Market | 2.15% | |
| Energy | -4.36% | |
| Energy Services | -0.60% | |
| Oil and Gas | -4.36% | |
Industry PE
- Investors are most optimistic about the Oil and Gas industry even though it's trading below its 3-year average PE ratio of 4.3x.
- Analysts are expecting annual earnings decline of 21.3%, which is lower than the prior year's growth of 24.1% per year.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Oil and Gas industry since they expect its earnings to decline by only 21% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 24% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings decline by 21% 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 | |
|---|---|---|---|---|---|
| UNT Unimot | zł114.00 | 8.6% +zł73.8m | 24.0% | PE3.5x |