Orlen S.A.'s (WSE:PKN) Low P/E No Reason For Excitement
Jul 17
Polish (WIG) Oil and Gas Industry Analysis
UpdatedJul 22, 2024
DataAggregated Company Financials
Companies3
- 7D-3.2%
- 3M-4.7%
- 1Y-7.1%
- YTD-0.6%
Over the last 7 days, the Oil and Gas industry has dropped 3.0%, driven by Orlen declining 0.6%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are forecast to decline by 3.2% per annum.
Industry Valuation and Performance
Has the Polish Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Jul 2024 | zł77.7b | zł355.7b | zł15.1b | 2.8x | 5.1x | 0.2x |
| Wed, 19 Jun 2024 | zł76.8b | zł355.7b | zł15.1b | 2.6x | 5.1x | 0.2x |
| Fri, 17 May 2024 | zł82.7b | zł389.6b | zł21.9b | 2.2x | 3.8x | 0.2x |
| Sun, 14 Apr 2024 | zł81.0b | zł390.1b | zł28.5b | 2.9x | 2.8x | 0.2x |
| Tue, 12 Mar 2024 | zł74.6b | zł389.3b | zł27.9b | 4.2x | 2.7x | 0.2x |
| Thu, 08 Feb 2024 | zł78.7b | zł379.3b | zł31.7b | 4.1x | 2.5x | 0.2x |
| Sat, 06 Jan 2024 | zł121.2b | zł540.9b | zł44.2b | 3.6x | 2.7x | 0.2x |
| Mon, 04 Dec 2023 | zł116.7b | zł540.9b | zł44.2b | 3.5x | 2.6x | 0.2x |
| Wed, 01 Nov 2023 | zł123.6b | zł540.9b | zł46.2b | 3.5x | 2.7x | 0.2x |
| Fri, 29 Sep 2023 | zł113.9b | zł538.5b | zł55.4b | 3.5x | 2.1x | 0.2x |
| Sun, 27 Aug 2023 | zł118.9b | zł538.7b | zł55.5b | 3.5x | 2.1x | 0.2x |
| Tue, 25 Jul 2023 | zł129.1b | zł521.8b | zł54.6b | 3.5x | 2.4x | 0.2x |
| Thu, 22 Jun 2023 | zł124.4b | zł521.9b | zł54.6b | 3.6x | 2.3x | 0.2x |
| Sat, 20 May 2023 | zł121.6b | zł455.9b | zł48.4b | 3.6x | 2.5x | 0.3x |
| Mon, 17 Apr 2023 | zł117.8b | zł455.1b | zł48.2b | 3.9x | 2.4x | 0.3x |
| Wed, 15 Mar 2023 | zł116.0b | zł455.3b | zł48.5b | 3.6x | 2.4x | 0.3x |
| Fri, 10 Feb 2023 | zł121.6b | zł394.0b | zł36.4b | 3.9x | 3.3x | 0.3x |
| Sun, 08 Jan 2023 | zł119.5b | zł394.0b | zł36.4b | 3.6x | 3.3x | 0.3x |
| Tue, 06 Dec 2022 | zł123.0b | zł394.0b | zł36.5b | 3.5x | 3.4x | 0.3x |
| Thu, 03 Nov 2022 | zł82.6b | zł355.8b | zł26.7b | 3.5x | 3.1x | 0.2x |
| Sat, 01 Oct 2022 | zł78.0b | zł355.8b | zł26.7b | 3.3x | 2.9x | 0.2x |
| Mon, 29 Aug 2022 | zł89.1b | zł353.7b | zł26.4b | 3.8x | 3.4x | 0.3x |
| Wed, 27 Jul 2022 | zł83.9b | zł304.8b | zł25.0b | 3.9x | 3.4x | 0.3x |
| Fri, 24 Jun 2022 | zł74.0b | zł304.8b | zł25.0b | 3.4x | 3x | 0.2x |
| Sun, 22 May 2022 | zł79.5b | zł302.2b | zł24.8b | 4.7x | 3.2x | 0.3x |
| Tue, 19 Apr 2022 | zł89.1b | zł243.4b | zł20.7b | 5.4x | 4.3x | 0.4x |
| Thu, 17 Mar 2022 | zł81.6b | zł217.3b | zł17.0b | 4.6x | 4.8x | 0.4x |
| Sat, 12 Feb 2022 | zł74.1b | zł217.3b | zł17.2b | 4.6x | 4.3x | 0.3x |
| Mon, 10 Jan 2022 | zł84.2b | zł199.3b | zł14.0b | 5.2x | 6x | 0.4x |
| Wed, 08 Dec 2021 | zł77.6b | zł199.3b | zł14.0b | 4.7x | 5.5x | 0.4x |
| Fri, 05 Nov 2021 | zł88.9b | zł192.3b | zł13.4b | 5.5x | 6.6x | 0.5x |
| Sun, 03 Oct 2021 | zł84.5b | zł175.9b | zł10.5b | 7x | 8x | 0.5x |
| Tue, 31 Aug 2021 | zł80.4b | zł175.8b | zł10.5b | 6.6x | 7.6x | 0.5x |
Price to Earnings Ratio
7.5x
Current Industry PE
- There are only 3 companies in the Polish Oil and Gas industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Oil and Gas industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 26% 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 industry?
| PL Market | -2.90% | |
| Energy | -3.16% | |
| Oil and Gas | -3.16% | |
| Integrated Oil and Gas | 0% | |
| Oil and Gas Exploration and Production | 0% | |
| Coal and Fuels | -1.09% | |
| Oil and Gas Refining and Marketing | -3.18% | |
| Oil and Gas Storage and Transportation | -3.74% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Refining and Marketing industry which is trading above its 3-year average PE ratio of 3.4x.
- Analysts are expecting annual earnings decline of 2.2%, which is less than its past year's earnings decline of 69.5%.
- Investors are most pessimistic about the Coal and Fuels industry, which is trading below its 3-year average of 6.6x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Oil and Gas Refining and Marketing industry since they expect its earnings to decline by only 2.2% per year over the next 5 years, which isn't as bad as the other industries.
- In contrast, the Oil and Gas Storage and Transportation industry is expected to see its earnings decline by 47% 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 | |
|---|---|---|---|---|---|
| ONC ONICO | zł9.00 | 3.4% +zł445.2k | n/a | PS0.07x |