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Polish (WIG) IT Industry Analysis

UpdatedFeb 11, 2026
DataAggregated Company Financials
Companies25
  • 7D-7.9%
  • 3M-6.2%
  • 1Y31.5%
  • YTD-5.1%

Over the last 7 days, the IT industry has dropped 6.9%, driven by Asseco South Eastern Europe declining 9.7%. In the past year, the industry has gained 34%. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Polish IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 11 Feb 2026zł8.2bzł6.2bzł393.6m19.2x20.7x1.3x
Fri, 09 Jan 2026zł9.0bzł6.2bzł388.6m18.3x23.3x1.5x
Sun, 07 Dec 2025zł8.7bzł6.2bzł391.1m17.2x22.1x1.4x
Tue, 04 Nov 2025zł8.9bzł6.1bzł384.5m19x23.1x1.5x
Thu, 02 Oct 2025zł9.1bzł6.0bzł383.7m22.6x23.6x1.5x
Sat, 30 Aug 2025zł9.1bzł6.0bzł359.5m19.1x25.2x1.5x
Mon, 28 Jul 2025zł9.9bzł5.8bzł373.2m19.3x26.6x1.7x
Wed, 25 Jun 2025zł9.4bzł5.8bzł372.9m17.2x25.3x1.6x
Fri, 23 May 2025zł8.6bzł5.7bzł394.6m18.7x21.9x1.5x
Sun, 20 Apr 2025zł7.4bzł5.5bzł331.1m15.5x22.3x1.3x
Tue, 18 Mar 2025zł6.8bzł5.4bzł330.8m18.2x20.6x1.3x
Thu, 13 Feb 2025zł9.0bzł7.3bzł371.9m17.4x24.3x1.2x
Sat, 11 Jan 2025zł8.9bzł7.3bzł371.9m17x24x1.2x
Mon, 09 Dec 2024zł9.0bzł7.3bzł374.1m16.7x23.9x1.2x
Wed, 06 Nov 2024zł8.9bzł7.3bzł377.4m17.2x23.6x1.2x
Fri, 04 Oct 2024zł8.3bzł7.2bzł386.9m17.5x21.3x1.1x
Sun, 01 Sep 2024zł8.7bzł7.4bzł427.9m19.7x20.4x1.2x
Tue, 30 Jul 2024zł8.7bzł7.6bzł333.4m16.7x26.1x1.2x
Thu, 27 Jun 2024zł8.6bzł7.6bzł334.0m16.2x25.7x1.1x
Sat, 25 May 2024zł8.4bzł7.4bzł434.1m15.1x19.3x1.1x
Mon, 22 Apr 2024zł8.0bzł7.4bzł420.8m12.9x19.1x1.1x
Wed, 20 Mar 2024zł7.9bzł7.3bzł408.1m12.8x19.2x1.1x
Fri, 16 Feb 2024zł7.8bzł7.1bzł410.5m12.1x19.1x1.1x
Sun, 14 Jan 2024zł7.6bzł7.3bzł413.2m13.2x18.5x1.1x
Tue, 12 Dec 2023zł6.8bzł7.2bzł413.1m12.7x16.5x0.9x
Thu, 09 Nov 2023zł6.4bzł7.3bzł407.8m17.4x15.6x0.9x
Sat, 07 Oct 2023zł5.9bzł7.3bzł393.8m17.7x14.9x0.8x
Mon, 04 Sep 2023zł6.1bzł7.3bzł361.8m16.6x16.8x0.8x
Wed, 02 Aug 2023zł6.3bzł7.1bzł405.5m19.2x15.6x0.9x
Fri, 30 Jun 2023zł6.1bzł7.0bzł377.7m18.3x16.2x0.9x
Sun, 28 May 2023zł6.3bzł6.9bzł389.1m18.6x16.1x0.9x
Tue, 25 Apr 2023zł6.6bzł6.7bzł381.2m18.6x17.2x1x
Thu, 23 Mar 2023zł6.0bzł6.7bzł377.3m20.2x16x0.9x
Sat, 18 Feb 2023zł6.1bzł6.6bzł389.4m19.8x15.7x0.9x
Price to Earnings Ratio

15.7x


Total Market Cap: zł6.1bTotal Earnings: zł389.4mTotal Revenue: zł6.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Polish IT Industry Price to Earnings3Y Average 20.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Polish IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 20.7x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the IT industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have declined 2.0% per year.
  • This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Trends

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

PL Market-1.02%
Tech-7.47%
IT-7.88%
Internet Services and Infrastructure0.68%
Data Processing Services0%0
IT Consulting-7.90%
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 48.0x.
    • 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, which is trading close to its 3-year average of 20.6x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 36% per year.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 15% 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
PAS Passuszł147.005.0%
+zł12.5m		336.2%PE21.5x
SEV Sevenetzł4.1910.3%
+zł3.9m		111.6%PE20.8x
SED Sediviozł10.454.9%
+zł1.5m		17.4%PE38.1x
EXM e-Xim ITzł120.008.1%
+zł1.2m		-26.8%PS0.7x
MLB MakoLab Spólka Akcyjnazł7.352.1%
+zł1.0m		91.4%PE8.1x

Latest News

MLB
zł7.35
MakoLab Spólka Akcyjna
7D
2.1%
1Y
91.4%
ASE
zł66.60
Asseco South Eastern Europe
7D
-11.3%
1Y
37.9%
SEV
zł4.19
Sevenet
7D
10.3%
1Y
111.6%
SED
zł10.45
Sedivio
7D
4.9%
1Y
17.4%
VRF
zł0.19
VR Factory Games
7D
14.4%
1Y
-35.9%
CMP
zł56.60
Comp
7D
-6.3%
1Y
86.2%
PAS
zł147.00
Passus
7D
5.0%
1Y
336.2%

With EPS Growth And More, Passus (WSE:PAS) Makes An Interesting Case

Feb 06
With EPS Growth And More, Passus (WSE:PAS) Makes An Interesting Case
ATD
zł3.30
Atende
7D
-3.2%
1Y
32.0%

Further Upside For Atende S.A. (WSE:ATD) Shares Could Introduce Price Risks After 28% Bounce

Jan 22
Further Upside For Atende S.A. (WSE:ATD) Shares Could Introduce Price Risks After 28% Bounce
SGN
zł74.40
Sygnity
7D
-7.9%
1Y
9.7%
SWM
zł35.40
Software Mansion
7D
-2.7%
1Y
18.0%

Pinning Down Software Mansion S.A.'s (WSE:SWM) P/E Is Difficult Right Now

Jan 13
Pinning Down Software Mansion S.A.'s (WSE:SWM) P/E Is Difficult Right Now
SPR
zł492.00
Spyrosoft Spólka Akcyjna
7D
-5.0%
1Y
-1.2%
PRO
zł6.95
A.P.N. Promise
7D
-4.1%
1Y
19.8%
SNN
zł2.02
Sunway Network
7D
2.0%
1Y
29.0%
LUK
zł0.33
Lukardi
7D
-18.5%
1Y
-32.9%
EXM
zł120.00
e-Xim IT
7D
8.1%
1Y
-26.8%
SBE
zł0.18
SoftBlue
7D
4.9%
1Y
-35.5%