Some Confidence Is Lacking In MakoLab Spólka Akcyjna (WSE:MLB) As Shares Slide 26%
Apr 12
Have your own idea? Try our Stock Screener
Polish (WIG) IT Industry Analysis
UpdatedApr 14, 2025
DataAggregated Company Financials
Companies26
- 7D4.8%
- 3M15.2%
- 1Y18.8%
- YTD13.7%
Over the last 7 days, the IT industry has risen 1.4%, driven by gains in Comp and Sygnity of 10% and 4.0%, respectively. This means that the industry has gained 20% over the past year. Looking forward, earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Tue, 15 Apr 2025 | zł7.1b | zł5.5b | zł324.1m | 16.5x | 22x | 1.3x |
| Thu, 13 Mar 2025 | zł6.7b | zł5.4b | zł330.8m | 17.8x | 20.3x | 1.2x |
| Sat, 08 Feb 2025 | zł9.0b | zł7.3b | zł371.9m | 17.1x | 24.1x | 1.2x |
| Mon, 06 Jan 2025 | zł9.0b | zł7.3b | zł373.5m | 17x | 24.2x | 1.2x |
| Wed, 04 Dec 2024 | zł8.9b | zł7.3b | zł374.1m | 17x | 23.8x | 1.2x |
| Fri, 01 Nov 2024 | zł8.6b | zł7.2b | zł378.3m | 17.7x | 22.8x | 1.2x |
| Sun, 29 Sep 2024 | zł8.5b | zł7.2b | zł386.4m | 18.4x | 22x | 1.2x |
| Tue, 27 Aug 2024 | zł8.7b | zł7.5b | zł423.3m | 13.8x | 20.5x | 1.2x |
| Thu, 25 Jul 2024 | zł8.8b | zł7.6b | zł333.4m | 16.8x | 26.3x | 1.2x |
| Sat, 22 Jun 2024 | zł8.5b | zł7.6b | zł329.8m | 16.8x | 25.7x | 1.1x |
| Mon, 20 May 2024 | zł8.2b | zł7.5b | zł434.0m | 16.3x | 18.9x | 1.1x |
| Wed, 17 Apr 2024 | zł8.3b | zł7.3b | zł419.3m | 13x | 19.7x | 1.1x |
| Fri, 15 Mar 2024 | zł7.9b | zł7.3b | zł408.1m | 12.5x | 19.5x | 1.1x |
| Sun, 11 Feb 2024 | zł7.8b | zł7.1b | zł408.4m | 13.4x | 19.2x | 1.1x |
| Tue, 09 Jan 2024 | zł7.4b | zł7.3b | zł413.2m | 13x | 18x | 1x |
| Thu, 07 Dec 2023 | zł6.9b | zł7.2b | zł410.7m | 13.1x | 16.7x | 0.9x |
| Sat, 04 Nov 2023 | zł6.0b | zł7.3b | zł407.8m | 18.4x | 14.8x | 0.8x |
| Mon, 02 Oct 2023 | zł5.8b | zł7.3b | zł395.2m | 17.3x | 14.8x | 0.8x |
| Wed, 30 Aug 2023 | zł6.1b | zł7.2b | zł374.8m | 16.2x | 16.2x | 0.8x |
| Fri, 28 Jul 2023 | zł6.4b | zł7.1b | zł405.5m | 20.3x | 15.8x | 0.9x |
| Sun, 25 Jun 2023 | zł6.1b | zł7.0b | zł377.7m | 18.3x | 16.2x | 0.9x |
| Tue, 23 May 2023 | zł6.3b | zł6.9b | zł397.9m | 18.7x | 15.8x | 0.9x |
| Thu, 20 Apr 2023 | zł6.5b | zł6.7b | zł381.2m | 18.8x | 17.1x | 1x |
| Sat, 18 Mar 2023 | zł6.1b | zł6.8b | zł379.1m | 20.6x | 16x | 0.9x |
| Mon, 13 Feb 2023 | zł6.2b | zł6.6b | zł387.7m | 18.3x | 16x | 0.9x |
| Wed, 11 Jan 2023 | zł6.1b | zł6.5b | zł383.7m | 22.2x | 15.8x | 0.9x |
| Fri, 09 Dec 2022 | zł5.8b | zł6.5b | zł397.2m | 22x | 14.6x | 0.9x |
| Sun, 06 Nov 2022 | zł5.5b | zł6.3b | zł394.7m | 16.2x | 13.9x | 0.9x |
| Tue, 04 Oct 2022 | zł5.4b | zł6.2b | zł382.9m | 15.8x | 14.1x | 0.9x |
| Thu, 01 Sep 2022 | zł5.6b | zł6.1b | zł424.5m | 15.7x | 13.1x | 0.9x |
| Sat, 30 Jul 2022 | zł5.7b | zł5.8b | zł667.2m | 17.1x | 8.6x | 1x |
| Mon, 27 Jun 2022 | zł5.2b | zł5.8b | zł667.2m | 16.3x | 7.8x | 0.9x |
| Wed, 25 May 2022 | zł5.8b | zł5.8b | zł663.4m | 16.1x | 8.8x | 1x |
| Fri, 22 Apr 2022 | zł6.1b | zł5.7b | zł665.0m | 17.3x | 9.1x | 1.1x |
Price to Earnings Ratio
9.1x
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 22.0x which is higher than its 3-year average PE of 17.4x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the IT industry have declined 21% 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 | 3.48% | |
| Tech | 3.45% | |
| IT | 4.77% | |
| Internet Services and Infrastructure | 10.00% | |
| IT Consulting | 4.75% | |
| Data Processing Services | 0% | 0 |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 17.2x.
- Analysts are expecting annual earnings growth of 18.1%, which is higher than its past year's earnings decline of 7.4% per year.
- Investors are most pessimistic about the Internet Services and Infrastructure industry, which is trading below its 3-year average of 25.4x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings decline of 7.4% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 18% 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 | zł57.00 | 4.6% +zł129.7m | 10.0% | PE14.8x | |
| SGN Sygnity | zł78.20 | 7.7% +zł127.3m | 22.2% | PE44.5x | |
| CMP Comp | zł196.00 | 10.1% +zł78.6m | 139.0% | PE22x | |
| SPR Spyrosoft Spólka Akcyjna | zł416.00 | 4.0% +zł17.5m | -1.0% | PE15.9x | |
| PRO A.P.N. Promise | zł6.20 | 28.1% +zł15.5m | 29.7% | PE4.6x |
