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Polish (WIG) Tech Sector Analysis

UpdatedDec 02, 2021
DataAggregated Company Financials
Companies88
  • 7D0.2%
  • 3M-0.3%
  • 1Y28.0%
  • YTD20.9%

Over the last 7 days, the Tech industry has dropped 3.0%, driven by a decline by Asseco Poland of 4.5%. Meanwhile, Asseco South Eastern Europe actually outperformed within the industry, gaining 11% in the last week. This takes the industry's 12 month performance to a gain of 28%.

Sector Valuation and Performance

Has the Polish Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Thu, 02 Dec 2021zł29.9bzł53.2bzł2.7b12.6x
Sat, 30 Oct 2021zł31.7bzł51.5bzł2.6b14x
Mon, 27 Sep 2021zł29.9bzł51.2bzł2.3b13.9x
Wed, 25 Aug 2021zł30.0bzł50.5bzł2.3b14.4x
Thu, 01 Jul 2021zł27.4bzł50.4bzł2.3b13.9x
Sun, 04 Apr 2021zł24.4bzł48.7bzł2.1b16.5x
Wed, 06 Jan 2021zł21.3bzł45.8bzł1.9b13x
Sat, 10 Oct 2020zł20.6bzł43.2bzł1.3b12.8x
Fri, 03 Jul 2020zł18.4bzł41.7bzł1.2b14.2x
Mon, 06 Apr 2020zł14.2bzł41.2bzł1.1b9.5x
Thu, 09 Jan 2020zł15.1bzł38.9bzł1.0b11.5x
Wed, 02 Oct 2019zł13.2bzł38.2bzł925.9m11x
Sat, 06 Jul 2019zł13.2bzł36.8bzł886.1m9.8x
Tue, 09 Apr 2019zł13.1bzł36.7bzł901.0m8.4x
Mon, 31 Dec 2018zł11.8bzł36.2bzł859.1m9.2x
PE Ratio

9.5x

Total Market Cap: zł12.0bTotal Earnings: zł842.5mTotal Revenue: zł35.5b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.2x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Information Technology industry have grown 47% per year over the last three years, and revenues for these companies have grown 15% 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 Tech sector?

IT2.11%
Software0.22%
Communications-0.36%
Tech Hardware-0.50%
Electronic Equipment and Components-1.65%
Semiconductors-5.05%

Industry PE: Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 53.1x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Electronic Equipment and Components industry, which is trading below its 3-year average of 9.2x.

Forecasted Growth: Analysts are most optimistic on the Software industry, expecting annual earnings growth of 7.1% over the next 5 years. However this is lower than its past earnings growth rate of 49% per year. Meanwhile, the IT industry is expected to see its earnings decline by 3.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
ASE Asseco South Eastern Europe8.3%+zł197.2m24.4%PE18.7x
ACP Asseco Poland0.9%+zł66.4m30.4%PE14.7x
LVC LiveChat Software1.1%+zł36.1m32.1%PE28.9x
SES Sescom22.5%+zł23.6m129.8%PE36.7x
MPY mPay13.7%+zł18.9m318.0%PE295.2x
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Latest News

SES

zł62.50

Sescom

7D

22.5%

1Y

129.8%

ABE

zł46.70

AB

7D

-9.1%

1Y

49.7%

SVRS

zł6.70

Silvair

7D

23.8%

1Y

-11.3%

MPY

zł2.32

mPay

7D

13.7%

1Y

318.0%

IFI

zł23.70

Ifirma

7D

4.9%

1Y

366.5%