Polish (WIG) Steel Industry Analysis
UpdatedNov 27, 2023
DataAggregated Company Financials
Companies8
- 7D-11.6%
- 3M2.2%
- 1Y-3.0%
- YTD-14.4%
Over the last 7 days, the Steel industry has dropped 10%, driven by Jastrzebska Spólka Weglowa declining 17%. Over the last year, the industry has been flat overall. In the next few years, earnings are forecast to decline by 48% annually.
Industry Valuation and Performance
Has the Polish Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Nov 2023 | zł8.2b | zł26.6b | zł2.7b | 5.3x | 3.1x | 0.3x |
| Wed, 25 Oct 2023 | zł8.3b | zł29.2b | zł6.2b | 4.4x | 1.3x | 0.3x |
| Fri, 22 Sep 2023 | zł8.5b | zł29.3b | zł6.2b | 4.5x | 1.4x | 0.3x |
| Sun, 20 Aug 2023 | zł7.5b | zł32.0b | zł8.1b | 4.5x | 0.9x | 0.2x |
| Tue, 18 Jul 2023 | zł8.7b | zł32.0b | zł8.1b | 4.6x | 1.1x | 0.3x |
| Thu, 15 Jun 2023 | zł8.8b | zł32.1b | zł8.1b | 4.8x | 1.1x | 0.3x |
| Sat, 13 May 2023 | zł9.0b | zł33.1b | zł8.6b | 5.2x | 1x | 0.3x |
| Mon, 10 Apr 2023 | zł9.4b | zł33.1b | zł8.6b | 5.4x | 1.1x | 0.3x |
| Wed, 08 Mar 2023 | zł9.9b | zł32.9b | zł8.4b | 4.2x | 1.2x | 0.3x |
| Fri, 03 Feb 2023 | zł10.7b | zł32.7b | zł8.5b | 3.8x | 1.2x | 0.3x |
| Sun, 01 Jan 2023 | zł9.5b | zł32.7b | zł8.5b | 3.4x | 1.1x | 0.3x |
| Tue, 29 Nov 2022 | zł8.5b | zł30.1b | zł6.6b | 3.5x | 1.3x | 0.3x |
| Thu, 27 Oct 2022 | zł7.2b | zł29.8b | zł6.8b | 3.2x | 1.1x | 0.2x |
| Sat, 24 Sep 2022 | zł7.0b | zł29.7b | zł6.8b | 3.3x | 1x | 0.2x |
| Mon, 22 Aug 2022 | zł9.1b | zł25.2b | zł4.3b | 3.7x | 2.1x | 0.4x |
| Wed, 20 Jul 2022 | zł8.6b | zł24.5b | zł4.2b | 2.3x | 2.1x | 0.3x |
| Fri, 17 Jun 2022 | zł11.1b | zł24.7b | zł4.2b | 2.7x | 2.7x | 0.4x |
| Sun, 15 May 2022 | zł11.5b | zł20.4b | zł1.8b | 4.4x | 6.4x | 0.6x |
| Tue, 12 Apr 2022 | zł12.2b | zł20.4b | zł1.8b | 4.6x | 6.8x | 0.6x |
| Thu, 10 Mar 2022 | zł11.1b | zł18.2b | zł339.4m | 4.4x | 32.8x | 0.6x |
| Sat, 05 Feb 2022 | zł8.5b | zł17.7b | zł268.1m | 3.8x | 31.5x | 0.5x |
| Mon, 03 Jan 2022 | zł7.1b | zł17.7b | zł268.1m | 4.3x | 26.3x | 0.4x |
| Wed, 01 Dec 2021 | zł7.9b | zł17.7b | zł261.7m | 3.7x | 30.2x | 0.4x |
| Fri, 29 Oct 2021 | zł9.2b | zł16.0b | -zł380,164,000.00 | 6.4x | -24.1x | 0.6x |
| Sun, 26 Sep 2021 | zł9.1b | zł15.8b | -zł417,671,000.00 | 5.8x | -21.7x | 0.6x |
| Tue, 24 Aug 2021 | zł7.6b | zł15.8b | -zł416,481,000.00 | 6.3x | -18.2x | 0.5x |
| Wed, 30 Jun 2021 | zł7.6b | zł15.8b | -zł416,481,000.00 | 6.8x | -18.4x | 0.5x |
| Sat, 03 Apr 2021 | zł6.6b | zł14.5b | -zł1,155,400,000.00 | 7.1x | -5.7x | 0.5x |
| Tue, 05 Jan 2021 | zł5.5b | zł14.1b | -zł1,286,755,000.00 | 6.7x | -4.3x | 0.4x |
Price to Earnings Ratio
-5.2x
Current Industry PE
- Investors are optimistic on the Polish Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 3.1x which is higher than its 3-year average PE of 0.49x.
- The industry is trading close to its 3-year average PS ratio of 0.39x.
Past Earnings Growth
- Total earnings for the Steel industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 24% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Polish Steel compare with similar industries?
| PL Market | 0.14% | |
| Materials | -1.90% | |
| Metals and Mining | -2.42% | |
| Steel | -11.60% | |
| Copper | 0.48% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Diversified Metals and Mining | -0.046% | |
| Aluminum | -0.69% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| COG Cognor Holding | zł8.52 | 4.7% +zł65.1m | 113.0% | PE4.2x | |
| STP Stalprodukt | zł214.00 | 1.2% +zł13.5m | -9.3% | PE5.3x | |
| MFO MFO | zł30.50 | 5.2% +zł9.9m | 0.3% | PS0.4x | |
| FER Ferrum | zł3.48 | 0.6% +zł1.2m | 3.6% | PE136.7x |