Narrative Update • Jun 22

Last week, the Tech industry hasn't moved much but Asseco Poland is up 4.6% in that time. As for the the longer term, the industry is up 6.3% over the past 12 months. Earnings are forecast to grow by 10% annually.
Has the Polish Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Jul 2026 | zł47.8b | zł67.8b | zł2.3b | 15.6x | 20.7x | 0.7x |
| Sat, 20 Jun 2026 | zł46.4b | zł67.3b | zł2.4b | 14.7x | 19.1x | 0.7x |
| Mon, 18 May 2026 | zł45.2b | zł65.9b | zł2.2b | 13.7x | 20.8x | 0.7x |
| Wed, 15 Apr 2026 | zł42.8b | zł63.6b | zł2.0b | 13.6x | 21.2x | 0.7x |
| Fri, 13 Mar 2026 | zł39.6b | zł65.6b | zł1.9b | 13.9x | 20.5x | 0.6x |
| Sun, 08 Feb 2026 | zł40.0b | zł63.4b | zł1.8b | 15.6x | 22x | 0.6x |
| Tue, 06 Jan 2026 | zł43.3b | zł63.5b | zł1.8b | 15.9x | 23.7x | 0.7x |
| Thu, 04 Dec 2025 | zł39.5b | zł61.9b | zł1.7b | 12.2x | 22.7x | 0.6x |
| Sat, 01 Nov 2025 | zł41.0b | zł62.4b | zł1.8b | 14.9x | 22.4x | 0.7x |
| Mon, 29 Sep 2025 | zł40.0b | zł62.2b | zł1.8b | 14.6x | 21.9x | 0.6x |
| Wed, 27 Aug 2025 | zł39.5b | zł61.7b | zł1.7b | 14.6x | 23.4x | 0.6x |
| Fri, 25 Jul 2025 | zł40.8b | zł60.3b | zł1.7b | 17.1x | 24.3x | 0.7x |
| Sun, 22 Jun 2025 | zł38.0b | zł60.5b | zł1.7b | 15.9x | 22.6x | 0.6x |
| Tue, 20 May 2025 | zł36.8b | zł60.2b | zł1.8b | 16.9x | 20.8x | 0.6x |
| Thu, 17 Apr 2025 | zł32.7b | zł59.4b | zł1.7b | 14.3x | 19.4x | 0.6x |
| Sat, 15 Mar 2025 | zł32.6b | zł59.9b | zł1.7b | 17.2x | 19.7x | 0.5x |
| Mon, 10 Feb 2025 | zł32.3b | zł62.0b | zł1.6b | 15.9x | 20.3x | 0.5x |
| Wed, 08 Jan 2025 | zł30.6b | zł62.9b | zł1.6b | 15x | 19.2x | 0.5x |
| Fri, 06 Dec 2024 | zł29.8b | zł62.7b | zł1.6b | 14.7x | 18.6x | 0.5x |
| Sun, 03 Nov 2024 | zł29.7b | zł63.4b | zł1.7b | 14.9x | 17.8x | 0.5x |
| Tue, 01 Oct 2024 | zł30.6b | zł62.9b | zł1.7b | 15.1x | 18.3x | 0.5x |
| Thu, 29 Aug 2024 | zł30.8b | zł63.0b | zł1.7b | 16.3x | 17.8x | 0.5x |
| Sat, 27 Jul 2024 | zł30.6b | zł63.2b | zł1.7b | 15.3x | 17.5x | 0.5x |
| Mon, 24 Jun 2024 | zł30.8b | zł63.4b | zł1.8b | 16.9x | 17.5x | 0.5x |
| Wed, 22 May 2024 | zł31.7b | zł63.2b | zł1.8b | 15.8x | 17.2x | 0.5x |
| Fri, 19 Apr 2024 | zł29.9b | zł61.2b | zł1.8b | 15.4x | 17x | 0.5x |
| Sun, 17 Mar 2024 | zł29.4b | zł63.2b | zł1.8b | 17.4x | 16.2x | 0.5x |
| Tue, 13 Feb 2024 | zł29.7b | zł62.7b | zł2.0b | 15.4x | 15.1x | 0.5x |
| Thu, 11 Jan 2024 | zł29.4b | zł62.5b | zł2.0b | 15.5x | 15x | 0.5x |
| Sat, 09 Dec 2023 | zł28.6b | zł62.7b | zł1.9b | 16.3x | 14.7x | 0.5x |
| Mon, 06 Nov 2023 | zł28.5b | zł63.2b | zł2.0b | 16.9x | 14.5x | 0.5x |
| Wed, 04 Oct 2023 | zł27.7b | zł63.9b | zł2.0b | 17.4x | 14.1x | 0.4x |
| Fri, 01 Sep 2023 | zł28.3b | zł63.0b | zł1.9b | 17.7x | 15x | 0.4x |
| Sun, 30 Jul 2023 | zł29.8b | zł61.9b | zł1.9b | 17.3x | 15.6x | 0.5x |
15.6x
Which industries have driven the changes within the Polish Tech sector?
| PL Market | 0.32% | |
| Tech | -0.82% | |
| Software | 2.08% | |
| IT | -1.85% | |
| Communications | -3.75% | |
| Tech Hardware | -5.31% | |
| Electronic Equipment and Components | -6.13% | |
| Semiconductors | -10.96% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ACP Asseco Poland | zł185.70 | 2.1% +zł314.0m | -9.8% | PE20.8x | |
| DAT DataWalk | zł120.00 | 5.3% +zł42.8m | 6.2% | PS30.2x | |
| ABS Asseco Business Solutions | zł86.20 | 1.2% +zł32.8m | -3.4% | PE19.2x | |
| CMP Comp | zł90.70 | 1.6% +zł27.4m | 77.1% | PE22.8x | |
| CLD Cloud Technologies | zł101.50 | 5.9% +zł25.0m | 121.6% | PE40.8x |