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Polish (WIG) IT Industry Analysis
UpdatedJul 03, 2025
DataAggregated Company Financials
Companies26
- 7D0.7%
- 3M44.4%
- 1Y61.0%
- YTD56.9%
Over the last 7 days, the IT industry has remained flat, although notably Asseco South Eastern Europe gained 4.9%. As for the the longer term, the industry is up 61% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.
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, 06 Jul 2025 | zł9.7b | zł5.8b | zł373.2m | 17.4x | 26x | 1.7x |
| Tue, 03 Jun 2025 | zł9.1b | zł5.7b | zł340.8m | 17.6x | 26.8x | 1.6x |
| Thu, 01 May 2025 | zł7.6b | zł5.5b | zł339.2m | 16x | 22.5x | 1.4x |
| Sat, 29 Mar 2025 | zł7.4b | zł5.5b | zł326.1m | 17.5x | 22.7x | 1.3x |
| Mon, 24 Feb 2025 | zł9.5b | zł7.3b | zł377.5m | 18.6x | 25.2x | 1.3x |
| Wed, 22 Jan 2025 | zł8.8b | zł7.3b | zł371.9m | 16.6x | 23.8x | 1.2x |
| Fri, 20 Dec 2024 | zł8.9b | zł7.3b | zł373.5m | 16.3x | 23.7x | 1.2x |
| Sun, 17 Nov 2024 | zł8.7b | zł7.3b | zł377.4m | 18.3x | 23x | 1.2x |
| Tue, 15 Oct 2024 | zł8.5b | zł7.2b | zł386.9m | 18x | 22.1x | 1.2x |
| Thu, 12 Sep 2024 | zł8.5b | zł7.2b | zł404.9m | 20.5x | 20.9x | 1.2x |
| Sat, 10 Aug 2024 | zł8.6b | zł7.6b | zł326.3m | 16.5x | 26.3x | 1.1x |
| Mon, 08 Jul 2024 | zł8.5b | zł7.6b | zł333.4m | 16.8x | 25.6x | 1.1x |
| Wed, 05 Jun 2024 | zł8.4b | zł7.4b | zł437.0m | 15.4x | 19.3x | 1.1x |
| Fri, 03 May 2024 | zł8.0b | zł7.4b | zł424.1m | 13x | 18.9x | 1.1x |
| Sun, 31 Mar 2024 | zł8.1b | zł7.3b | zł419.3m | 12.4x | 19.4x | 1.1x |
| Tue, 27 Feb 2024 | zł7.8b | zł7.2b | zł414.4m | 12.9x | 18.7x | 1.1x |
| Thu, 25 Jan 2024 | zł7.8b | zł7.3b | zł413.2m | 13.5x | 18.8x | 1.1x |
| Sat, 23 Dec 2023 | zł7.2b | zł7.3b | zł413.2m | 12.7x | 17.4x | 1x |
| Mon, 20 Nov 2023 | zł6.6b | zł7.3b | zł417.8m | 12.9x | 15.7x | 0.9x |
| Wed, 18 Oct 2023 | zł5.9b | zł7.3b | zł395.2m | 17.2x | 14.9x | 0.8x |
| Fri, 15 Sep 2023 | zł5.9b | zł7.3b | zł360.7m | 17.8x | 16.5x | 0.8x |
| Sun, 13 Aug 2023 | zł6.3b | zł7.1b | zł369.0m | 21.6x | 17.1x | 0.9x |
| Tue, 11 Jul 2023 | zł6.3b | zł7.1b | zł404.0m | 17.6x | 15.6x | 0.9x |
| Thu, 08 Jun 2023 | zł6.2b | zł6.9b | zł381.1m | 16.7x | 16.3x | 0.9x |
| Sat, 06 May 2023 | zł6.5b | zł6.8b | zł392.3m | 18.9x | 16.5x | 1x |
| Mon, 03 Apr 2023 | zł6.3b | zł6.7b | zł381.2m | 22.5x | 16.6x | 0.9x |
| Wed, 01 Mar 2023 | zł6.4b | zł6.6b | zł390.7m | 19.9x | 16.4x | 1x |
| Fri, 27 Jan 2023 | zł6.1b | zł6.5b | zł383.9m | 20.9x | 15.8x | 0.9x |
| Sun, 25 Dec 2022 | zł5.8b | zł6.5b | zł383.7m | 20.7x | 15.2x | 0.9x |
| Tue, 22 Nov 2022 | zł5.4b | zł6.5b | zł388.7m | 19.6x | 13.9x | 0.8x |
| Thu, 20 Oct 2022 | zł5.1b | zł6.2b | zł382.9m | 13.3x | 13.4x | 0.8x |
| Sat, 17 Sep 2022 | zł5.4b | zł6.2b | zł378.0m | 16.3x | 14.3x | 0.9x |
| Mon, 15 Aug 2022 | zł6.2b | zł5.9b | zł668.4m | 15.2x | 9.2x | 1x |
| Wed, 13 Jul 2022 | zł5.3b | zł5.8b | zł667.2m | 19.7x | 7.9x | 0.9x |
Price to Earnings Ratio
7.9x
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 26.0x which is higher than its 3-year average PE of 18.5x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 18% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, 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 | 1.53% | |
| Tech | 5.81% | |
| IT | 0.74% | |
| Internet Services and Infrastructure | 6.93% | |
| IT Consulting | 0.73% | |
| Data Processing Services | 0% | 0 |
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 37.7x.
- 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 18.4x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 11% over the next 5 years.
- However this is lower than its past earnings growth rate of 30% per year.
- In contrast, the IT Consulting 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ASE Asseco South Eastern Europe | zł82.80 | 4.9% +zł202.4m | 62.4% | PE22.8x | |
| SWM Software Mansion | zł51.00 | 4.5% +zł23.4m | 45.7% | PE17.8x | |
| PAC Proacta | zł1.10 | 8.9% +zł10.6m | 69.2% | PS35.4x | |
| PAS Passus | zł61.60 | 8.5% +zł8.6m | 84.4% | PE10.4x | |
| MLB MakoLab Spólka Akcyjna | zł4.98 | 10.7% +zł3.4m | 4.6% | PE10.5x |
