Polish (WIG) Financials Sector Analysis
UpdatedDec 04, 2023
DataAggregated Company Financials
Companies81
- 7D3.8%
- 3M28.7%
- 1Y62.8%
- YTD60.5%
Over the last 7 days, the Financials industry has risen 3.8%, driven by gains from Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna of 6.5%. This means that the industry has gained 63% over the past year. Earnings are forecast to grow by 3.2% annually.
Sector Valuation and Performance
Has the Polish Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | zł314.7b | zł154.4b | zł35.3b | 10.1x | 8.9x | 2x |
| Wed, 01 Nov 2023 | zł284.4b | zł139.6b | zł26.6b | 10.8x | 10.7x | 2x |
| Fri, 29 Sep 2023 | zł229.1b | zł131.1b | zł19.5b | 10.2x | 11.8x | 1.7x |
| Sun, 27 Aug 2023 | zł242.0b | zł127.1b | zł18.7b | 11x | 13x | 1.9x |
| Tue, 25 Jul 2023 | zł258.2b | zł123.5b | zł17.1b | 14.8x | 15.1x | 2.1x |
| Thu, 22 Jun 2023 | zł240.7b | zł123.5b | zł17.1b | 13x | 14x | 1.9x |
| Sat, 20 May 2023 | zł225.3b | zł120.5b | zł16.6b | 11.8x | 13.6x | 1.9x |
| Mon, 17 Apr 2023 | zł215.3b | zł113.6b | zł15.7b | 11.7x | 13.7x | 1.9x |
| Wed, 15 Mar 2023 | zł194.9b | zł113.0b | zł15.2b | 10.8x | 12.8x | 1.7x |
| Fri, 10 Feb 2023 | zł209.9b | zł110.9b | zł11.6b | 11.1x | 18x | 1.9x |
| Sun, 08 Jan 2023 | zł211.8b | zł110.7b | zł10.0b | 13.5x | 21.3x | 1.9x |
| Tue, 06 Dec 2022 | zł193.4b | zł110.3b | zł10.0b | 12.6x | 19.4x | 1.8x |
| Thu, 03 Nov 2022 | zł174.7b | zł114.1b | zł16.5b | 8.4x | 10.6x | 1.5x |
| Sat, 01 Oct 2022 | zł144.9b | zł113.3b | zł17.3b | 7.9x | 8.4x | 1.3x |
| Mon, 29 Aug 2022 | zł161.3b | zł112.9b | zł16.1b | 9.7x | 10x | 1.4x |
| Wed, 27 Jul 2022 | zł165.2b | zł107.6b | zł16.3b | 11.9x | 10.1x | 1.5x |
| Fri, 24 Jun 2022 | zł176.6b | zł107.4b | zł17.1b | 10.1x | 10.4x | 1.6x |
| Sun, 22 May 2022 | zł189.9b | zł106.6b | zł17.2b | 11.9x | 11.1x | 1.8x |
| Tue, 19 Apr 2022 | zł224.6b | zł101.4b | zł14.3b | 12.3x | 15.7x | 2.2x |
| Thu, 17 Mar 2022 | zł232.7b | zł100.7b | zł14.2b | 12.3x | 16.4x | 2.3x |
| Sat, 12 Feb 2022 | zł272.6b | zł92.5b | zł8.0b | 14.8x | 34.3x | 2.9x |
| Mon, 10 Jan 2022 | zł270.8b | zł91.4b | zł9.5b | 16.6x | 28.6x | 3x |
| Wed, 08 Dec 2021 | zł263.6b | zł91.4b | zł9.5b | 16.7x | 27.8x | 2.9x |
| Fri, 05 Nov 2021 | zł290.3b | zł89.5b | zł8.4b | 15.3x | 34.4x | 3.2x |
| Sun, 03 Oct 2021 | zł244.9b | zł88.9b | zł8.7b | 13.4x | 28x | 2.8x |
| Tue, 31 Aug 2021 | zł238.0b | zł88.8b | zł8.3b | 13.9x | 28.7x | 2.7x |
| Wed, 07 Jul 2021 | zł207.2b | zł88.8b | zł8.3b | 13.6x | 25x | 2.3x |
| Sat, 10 Apr 2021 | zł178.2b | zł85.2b | zł6.1b | 14.2x | 29.1x | 2.1x |
| Fri, 01 Jan 2021 | zł160.4b | zł82.6b | zł3.9b | 11.3x | 40.8x | 1.9x |
Price to Earnings Ratio
13.5x
Current Industry PE
- Investors are pessimistic on the Polish Financials 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 8.9x which is lower than its 3-year average PE of 21.2x.
- The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Financials industry have grown 49% per year over the last three years.
- Revenues for these companies have grown 20% 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 Financials sector?
| PL Market | 2.08% | |
| Financials | 3.81% | |
| Banks | 4.61% | |
| Consumer Finance | 2.57% | |
| Insurance | 0.30% | |
| Mortgage Finance | 0% | |
| Mortgage REITs | 0% | |
| Capital Markets | -0.22% | |
| Diversified Financial | -1.30% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 16.1x.
- Analysts are expecting annual earnings decline of 0.1%, which is less than its past year's earnings decline of 38.8%.
- Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 9.7x.
Forecasted Growth
- Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 10% over the next 5 years.
- This is better than its past earnings growth rate of 2.8% per year.
- In contrast, the Capital Markets industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna | zł49.55 | 7.7% +zł4.5b | 68.8% | PB1.4x | |
| PEO Bank Polska Kasa Opieki | zł147.80 | 8.3% +zł3.0b | 73.1% | PB1.4x | |
| SPL Santander Bank Polska | zł509.50 | 5.1% +zł2.5b | 89.8% | PB1.6x | |
| MBK mBank | zł573.80 | 5.8% +zł1.3b | 85.9% | PB1.8x | |
| PZU Powszechny Zaklad Ubezpieczen | zł46.74 | 3.2% +zł1.3b | 47.1% | PE8.1x |