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Polish (WIG) Tech Sector Analysis

UpdatedApr 21, 2026
DataAggregated Company Financials
Companies87
  • 7D6.2%
  • 3M-3.5%
  • 1Y24.8%
  • YTD-3.5%

The Tech industry is up 7.3% in the last week, with Asseco Poland up 7.4%. In the same time, Euvic was down 8.0%. This takes the industry's 12 month performance to a gain of 26%. As for the next few years, earnings are expected to grow by 13% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026zł45.8bzł63.6bzł2.0b14.6x22.7x0.7x
Thu, 19 Mar 2026zł39.4bzł65.7bzł1.9b14.3x20.4x0.6x
Sat, 14 Feb 2026zł39.9bzł63.2bzł1.8b15.5x21.8x0.6x
Mon, 12 Jan 2026zł44.1bzł63.5bzł1.8b15.5x24.1x0.7x
Wed, 10 Dec 2025zł41.3bzł63.5bzł1.9b12.4x21.6x0.7x
Fri, 07 Nov 2025zł39.9bzł62.4bzł1.8b13.9x21.9x0.6x
Sun, 05 Oct 2025zł43.5bzł62.3bzł1.8b14.7x23.7x0.7x
Tue, 02 Sep 2025zł37.6bzł62.9bzł1.8b15.7x20.3x0.6x
Thu, 31 Jul 2025zł40.8bzł60.6bzł1.7b17x24.2x0.7x
Sat, 28 Jun 2025zł39.5bzł60.3bzł1.7b15.7x23.5x0.7x
Mon, 26 May 2025zł35.6bzł60.2bzł1.8b17.6x20.3x0.6x
Wed, 23 Apr 2025zł33.6bzł42.2bzł1.7b14.7x20x0.8x
Fri, 21 Mar 2025zł33.4bzł60.0bzł1.6b17.3x20.2x0.6x
Sun, 16 Feb 2025zł33.5bzł61.7bzł1.6b15.3x21.1x0.5x
Tue, 14 Jan 2025zł29.9bzł62.4bzł1.6b13.8x18.7x0.5x
Thu, 12 Dec 2024zł29.8bzł62.8bzł1.6b14x18.6x0.5x
Sat, 09 Nov 2024zł29.5bzł62.4bzł1.6b14.7x18.6x0.5x
Mon, 07 Oct 2024zł29.6bzł63.0bzł1.7b14.8x17.7x0.5x
Wed, 04 Sep 2024zł31.4bzł63.1bzł1.7b16.4x18.5x0.5x
Fri, 02 Aug 2024zł30.8bzł63.3bzł1.8b16.7x17.6x0.5x
Sun, 30 Jun 2024zł31.2bzł63.4bzł1.8b16.1x17.6x0.5x
Tue, 28 May 2024zł31.2bzł63.2bzł1.8b15.8x16.9x0.5x
Thu, 25 Apr 2024zł30.1bzł61.3bzł1.8b15.4x17.2x0.5x
Sat, 23 Mar 2024zł29.6bzł63.4bzł1.8b18.3x16.3x0.5x
Mon, 19 Feb 2024zł28.6bzł72.5bzł2.4b14.8x12x0.4x
Wed, 17 Jan 2024zł29.4bzł62.7bzł2.0b15.1x15x0.5x
Fri, 15 Dec 2023zł28.9bzł62.4bzł1.9b15.8x14.9x0.5x
Sun, 12 Nov 2023zł28.2bzł63.4bzł2.0b17x14.3x0.4x
Tue, 10 Oct 2023zł27.7bzł63.6bzł2.0b17.4x14.2x0.4x
Thu, 07 Sep 2023zł28.6bzł63.6bzł1.9b16.3x15.2x0.4x
Sat, 05 Aug 2023zł29.4bzł62.0bzł1.9b17x15.6x0.5x
Mon, 03 Jul 2023zł28.6bzł62.0bzł1.9b17.3x15.1x0.5x
Wed, 31 May 2023zł28.5bzł62.3bzł1.9b17.5x15.1x0.5x
Fri, 28 Apr 2023zł29.0bzł61.1bzł1.8b18.9x15.7x0.5x
Price to Earnings Ratio

15.7x


Total Market Cap: zł29.0bTotal Earnings: zł1.8bTotal Revenue: zł61.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Tech Sector Price to Earnings3Y Average 18.6x202420252026
Current Industry PE
  • Investors are optimistic on the Polish Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 22.3x which is higher than its 3-year average PE of 18.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.53x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 3.0% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Polish Tech sector?

PL Market1.51%
Tech6.22%
Electronic Equipment and Components10.49%
Software5.45%
IT4.96%
Tech Hardware3.41%
Communications-1.31%
Semiconductors-2.24%
Industry PE
  • Investors are most optimistic about the Communications industry even though it's trading below its 3-year average PE ratio of 43.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Electronic Equipment and Components industry, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 1.6% per year.
  • In contrast, the Software industry is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ACP Asseco Polandzł190.107.4%
+zł1.1b		25.5%PE24.8x
ASB ASBISc Enterpriseszł59.7020.6%
+zł566.1m		150.4%PE15.2x
VRC Vercomzł136.608.4%
+zł232.8m		28.1%PE33.4x
SGN Sygnityzł77.0011.9%
+zł186.5m		-2.0%PE22.7x
VGO VIGO Photonicszł666.0025.7%
+zł119.0m		39.0%PS6.5x

Latest News

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zł8.26
Wasko
7D
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1Y
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TLX
zł17.90
Talex
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1Y
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TXT
zł40.62
Text
7D
10.4%
1Y
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TXT: Steady PLN 45 Fair Value Will Support Measured Long Term Expectations

Analysts reiterate their PLN 45.00 price target, explaining that only very small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions were needed in their latest update. Valuation Changes Fair Value: PLN 45.00 is unchanged, with the updated model pointing to the same central estimate as before.
ACP
zł190.10
Asseco Poland
7D
7.4%
1Y
25.5%

ACP: Downgrade And Execution Risks Will Pressure Rich Future P/E

Analysts have adjusted their price outlook on Asseco Poland to PLN 157.22. This reflects updated assumptions for the discount rate and forward P/E, as well as a more cautious stance highlighted by recent Street research downgrades.
MAD
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Madkom
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1Y
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zł59.70
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7D
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1Y
150.4%
XPL
zł2.70
Xplus
7D
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1Y
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CMP
zł56.70
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7D
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1Y
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DAT
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DataWalk
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1Y
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ABS
zł79.20
Asseco Business Solutions
7D
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1Y
1.5%
VGO
zł666.00
VIGO Photonics
7D
25.7%
1Y
39.0%
SGN
zł77.00
Sygnity
7D
11.9%
1Y
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