Polish (WIG) IT Industry Analysis
UpdatedMar 25, 2023
DataAggregated Company Financials
Companies29
- 7D1.3%
- 3M5.8%
- 1Y-0.9%
- YTD4.1%
Over the last 7 days, the IT industry has risen 1.3%, driven by gains from Asseco South Eastern Europe of 5.3%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 13% 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 |
|---|---|---|---|---|---|---|
| Sun, 26 Mar 2023 | zł6.1b | zł6.7b | zł377.2m | 20.7x | 16.1x | 0.9x |
| Tue, 21 Feb 2023 | zł6.1b | zł6.6b | zł390.7m | 18.7x | 15.7x | 0.9x |
| Thu, 19 Jan 2023 | zł6.2b | zł6.5b | zł383.9m | 22.1x | 16.2x | 1x |
| Sat, 17 Dec 2022 | zł5.9b | zł6.5b | zł388.3m | 19.9x | 15.2x | 0.9x |
| Mon, 14 Nov 2022 | zł5.4b | zł6.3b | zł394.7m | 14.5x | 13.7x | 0.8x |
| Wed, 12 Oct 2022 | zł5.4b | zł6.2b | zł382.9m | 15.6x | 14.1x | 0.9x |
| Fri, 09 Sep 2022 | zł5.7b | zł6.2b | zł401.8m | 15.9x | 14.2x | 0.9x |
| Sun, 07 Aug 2022 | zł5.8b | zł5.9b | zł668.6m | 15.6x | 8.7x | 1x |
| Tue, 05 Jul 2022 | zł5.2b | zł5.8b | zł667.2m | 19.8x | 7.9x | 0.9x |
| Thu, 02 Jun 2022 | zł5.7b | zł5.8b | zł662.7m | 19.7x | 8.6x | 1x |
| Sat, 30 Apr 2022 | zł5.7b | zł5.7b | zł664.3m | 16.6x | 8.6x | 1x |
| Mon, 28 Mar 2022 | zł6.3b | zł5.8b | zł711.0m | 16.7x | 8.9x | 1.1x |
| Wed, 23 Feb 2022 | zł6.0b | zł5.8b | zł735.5m | 16.6x | 8.2x | 1x |
| Fri, 21 Jan 2022 | zł6.5b | zł5.7b | zł724.4m | 16.5x | 9x | 1.2x |
| Sun, 19 Dec 2021 | zł6.2b | zł5.6b | zł720.2m | 15.3x | 8.6x | 1.1x |
| Tue, 16 Nov 2021 | zł6.2b | zł5.6b | zł724.8m | 16.1x | 8.5x | 1.1x |
| Thu, 14 Oct 2021 | zł6.5b | zł5.6b | zł722.4m | 14.4x | 9x | 1.2x |
| Sat, 11 Sep 2021 | zł6.1b | zł5.6b | zł450.0m | 16.8x | 13.6x | 1.1x |
| Mon, 09 Aug 2021 | zł6.4b | zł5.6b | zł452.9m | 15.8x | 14.1x | 1.1x |
| Sun, 02 May 2021 | zł6.3b | zł5.5b | zł411.5m | 19.9x | 15.2x | 1.1x |
| Wed, 03 Feb 2021 | zł5.3b | zł5.3b | zł387.5m | 16.3x | 13.8x | 1x |
| Sat, 07 Nov 2020 | zł4.9b | zł5.1b | zł325.6m | 12.2x | 15x | 0.9x |
| Fri, 31 Jul 2020 | zł5.5b | zł5.1b | zł315.8m | 13.6x | 17.4x | 1.1x |
| Mon, 04 May 2020 | zł4.3b | zł5.1b | zł315.2m | 8.8x | 13.8x | 0.8x |
Price to Earnings Ratio
12.3x
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 16.1x which is higher than its 3-year average PE of 13.0x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 6.2% per year over the last three years.
- Revenues for these companies have grown 9.5% 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 industry?
| PL Market | -0.38% | |
| Tech | -0.14% | |
| IT | 1.27% | |
| Data Processing Services | 6.79% | |
| IT Consulting | 1.32% | |
| Internet Services and Infrastructure | -6.84% | |
Industry PE
- Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 116x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.6x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 23% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| ASE Asseco South Eastern Europe | zł49.50 | 5.3% +zł129.7m | -5.2% | PE13.6x | |
| SGN Sygnity | zł31.80 | 3.6% +zł25.0m | 168.4% | PE22.9x | |
| CMP Comp | zł48.00 | 5.0% +zł11.0m | -3.2% | PS0.3x | |
| VRF VR Factory Games | zł0.87 | 4.8% +zł1.3m | 7.4% | n/a | |
| KBJ KBJ | zł19.50 | 2.4% +zł805.9k | 23.4% | PE11x |