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Polish (WIG) IT Industry Analysis
UpdatedJan 18, 2025
DataAggregated Company Financials
Companies27
- 7D0.05%
- 3M3.5%
- 1Y20.0%
- YTD-0.6%
The IT is pretty flat in the last 7 days, but Yoshi Innovation has stood out, gaining 29%. As for the the longer term, the industry is up 21% over the past 12 months. As for the next few years, earnings are expected to grow by 23% per annum.
Industry Valuation and Performance
Has the Polish IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 Jan 2025 | zł8.9b | zł7.3b | zł371.9m | 16.6x | 24x | 1.2x |
| Mon, 16 Dec 2024 | zł9.0b | zł7.3b | zł373.5m | 16.3x | 24x | 1.2x |
| Wed, 13 Nov 2024 | zł8.8b | zł7.3b | zł377.4m | 17.2x | 23.3x | 1.2x |
| Fri, 11 Oct 2024 | zł8.5b | zł7.2b | zł386.9m | 17.6x | 22.1x | 1.2x |
| Sun, 08 Sep 2024 | zł8.6b | zł7.4b | zł427.9m | 20x | 20.2x | 1.2x |
| Tue, 06 Aug 2024 | zł8.3b | zł7.6b | zł326.3m | 16.3x | 25.4x | 1.1x |
| Thu, 04 Jul 2024 | zł8.6b | zł7.6b | zł333.4m | 16.7x | 25.8x | 1.1x |
| Sat, 01 Jun 2024 | zł8.3b | zł7.4b | zł430.6m | 15.2x | 19.3x | 1.1x |
| Mon, 29 Apr 2024 | zł8.1b | zł7.4b | zł422.7m | 12.8x | 19.1x | 1.1x |
| Wed, 27 Mar 2024 | zł8.1b | zł7.3b | zł418.9m | 11.7x | 19.3x | 1.1x |
| Fri, 23 Feb 2024 | zł7.8b | zł7.2b | zł414.4m | 13x | 18.8x | 1.1x |
| Sun, 21 Jan 2024 | zł7.7b | zł7.3b | zł413.2m | 13.3x | 18.6x | 1.1x |
| Tue, 19 Dec 2023 | zł6.9b | zł7.3b | zł413.2m | 12.5x | 16.7x | 1x |
| Thu, 16 Nov 2023 | zł6.6b | zł7.3b | zł409.3m | 17.7x | 16.1x | 0.9x |
| Sat, 14 Oct 2023 | zł5.8b | zł7.3b | zł395.2m | 17.7x | 14.8x | 0.8x |
| Mon, 11 Sep 2023 | zł5.9b | zł7.3b | zł361.8m | 15.9x | 16.3x | 0.8x |
| Wed, 09 Aug 2023 | zł6.2b | zł7.1b | zł388.2m | 19.3x | 16x | 0.9x |
| Fri, 07 Jul 2023 | zł6.2b | zł7.1b | zł405.7m | 17.6x | 15.4x | 0.9x |
| Sun, 04 Jun 2023 | zł6.2b | zł9.3b | zł1.1b | 14.6x | 5.7x | 0.7x |
| Tue, 02 May 2023 | zł6.7b | zł6.8b | zł392.3m | 18.6x | 17.1x | 1x |
| Thu, 30 Mar 2023 | zł6.1b | zł6.7b | zł377.2m | 20.7x | 16.2x | 0.9x |
| Sat, 25 Feb 2023 | zł6.4b | zł6.6b | zł390.7m | 19.9x | 16.3x | 1x |
| Mon, 23 Jan 2023 | zł6.2b | zł6.5b | zł383.9m | 22.5x | 16x | 0.9x |
| Wed, 21 Dec 2022 | zł5.7b | zł6.5b | zł383.7m | 21.1x | 14.9x | 0.9x |
| Fri, 18 Nov 2022 | zł5.4b | zł6.3b | zł394.7m | 15.1x | 13.6x | 0.8x |
| Sun, 16 Oct 2022 | zł5.2b | zł6.2b | zł382.9m | 13.2x | 13.7x | 0.8x |
| Tue, 13 Sep 2022 | zł5.8b | zł6.2b | zł399.4m | 14.4x | 14.5x | 0.9x |
| Thu, 11 Aug 2022 | zł6.1b | zł5.9b | zł668.4m | 15x | 9.1x | 1x |
| Sat, 09 Jul 2022 | zł5.2b | zł5.8b | zł667.2m | 20.2x | 7.8x | 0.9x |
| Mon, 06 Jun 2022 | zł5.7b | zł5.8b | zł662.7m | 19.3x | 8.6x | 1x |
| Wed, 04 May 2022 | zł5.7b | zł5.7b | zł666.8m | 15.1x | 8.5x | 1x |
| Fri, 01 Apr 2022 | zł6.3b | zł5.8b | zł710.6m | 16.3x | 8.8x | 1.1x |
| Sun, 27 Feb 2022 | zł5.8b | zł5.8b | zł735.5m | 15.7x | 7.8x | 1x |
| Tue, 25 Jan 2022 | zł6.2b | zł5.7b | zł724.4m | 13.7x | 8.5x | 1.1x |
Price to Earnings Ratio
8.5x
Current Industry PE
- Investors are optimistic on the Polish IT industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.0x which is higher than its 3-year average PE of 16.3x.
- The 3-year average PS ratio of 1.00x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 20% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Polish Tech industry?
| PL Market | 1.63% | |
| Tech | 0.40% | |
| IT | 0.055% | |
| Internet Services and Infrastructure | 17.91% | |
| IT Consulting | 0.032% | |
| Data Processing Services | 0% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 16.1x.
- Analysts are expecting annual earnings growth of 22.7%, which is higher than its past year's earnings decline of 25.1% per year.
- Investors are most pessimistic about the Internet Services and Infrastructure industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 15.9x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 23% over the next 5 years.
- This is better than its past earnings decline of 25% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 23% per year 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 | |
|---|---|---|---|---|---|
| YOS Yoshi Innovation | zł3.46 | 29.1% +zł18.4m | 58.0% | PS132.8x | |
| SGN Sygnity | zł65.80 | 0.6% +zł9.1m | 43.4% | PE37.4x | |
| ATD Atende | zł2.72 | 7.1% +zł6.5m | -23.4% | PE35.1x | |
| SNN Sunway Network | zł1.78 | 15.6% +zł4.6m | -28.8% | n/a | |
| SED Sedivio | zł9.84 | 10.6% +zł2.9m | -8.0% | PE35.8x |
