Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Polish (WIG) IT Industry Analysis

UpdatedJan 25, 2026
DataAggregated Company Financials
Companies25
  • 7D-2.9%
  • 3M-2.9%
  • 1Y42.4%
  • YTD0.8%

Over the last 7 days, the IT industry has dropped 2.9%, driven by Asseco South Eastern Europe declining 5.3%. In contrast, Spyrosoft Spólka Akcyjna has gained 8.7%. Over the past 12 months, the industry was up 42%. 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
Sun, 25 Jan 2026zł8.7bzł6.2bzł393.6m18.9x22x1.4x
Tue, 23 Dec 2025zł8.5bzł6.2bzł390.7m17.2x21.7x1.4x
Thu, 20 Nov 2025zł8.6bzł6.1bzł390.0m17.8x21.9x1.4x
Sat, 18 Oct 2025zł9.0bzł6.1bzł383.4m19.7x23.6x1.5x
Mon, 15 Sep 2025zł9.0bzł6.0bzł383.3m20.4x23.4x1.5x
Wed, 13 Aug 2025zł9.6bzł5.8bzł375.4m18.5x25.5x1.6x
Fri, 11 Jul 2025zł9.8bzł5.8bzł373.2m19.5x26.3x1.7x
Sun, 08 Jun 2025zł8.9bzł5.7bzł340.8m17.1x26.2x1.6x
Tue, 06 May 2025zł7.8bzł5.5bzł339.2m17.1x23.1x1.4x
Thu, 03 Apr 2025zł7.6bzł5.5bzł326.1m17.1x23.2x1.4x
Sat, 01 Mar 2025zł6.7bzł5.5bzł326.0m17.8x20.6x1.2x
Mon, 27 Jan 2025zł8.9bzł7.3bzł371.9m16.6x23.9x1.2x
Wed, 25 Dec 2024zł8.9bzł7.3bzł373.5m15.1x24x1.2x
Fri, 22 Nov 2024zł8.7bzł7.3bzł377.1m17.5x23.1x1.2x
Sun, 20 Oct 2024zł8.5bzł7.2bzł386.9m18x22x1.2x
Tue, 17 Sep 2024zł8.4bzł7.2bzł379.7m20.6x22.1x1.2x
Thu, 15 Aug 2024zł8.6bzł7.6bzł322.7m16.4x26.8x1.1x
Sat, 13 Jul 2024zł8.6bzł7.6bzł333.4m16.8x25.8x1.1x
Mon, 10 Jun 2024zł8.4bzł7.5bzł333.3m15x25.2x1.1x
Wed, 08 May 2024zł8.0bzł7.4bzł420.0m14.8x19.1x1.1x
Fri, 05 Apr 2024zł8.2bzł7.3bzł419.3m12.6x19.6x1.1x
Sun, 03 Mar 2024zł7.7bzł7.3bzł412.2m12.5x18.8x1.1x
Tue, 30 Jan 2024zł7.8bzł7.3bzł413.2m14.2x18.8x1.1x
Thu, 28 Dec 2023zł7.4bzł7.3bzł413.2m12.6x17.9x1x
Sat, 25 Nov 2023zł6.8bzł7.3bzł421.2m12.8x16.2x0.9x
Mon, 23 Oct 2023zł6.2bzł7.3bzł395.2m17.3x15.6x0.8x
Wed, 20 Sep 2023zł6.0bzł7.3bzł360.7m17.3x16.6x0.8x
Fri, 18 Aug 2023zł6.1bzł7.2bzł370.6m19.1x16.4x0.9x
Sun, 16 Jul 2023zł6.4bzł7.1bzł407.2m19.9x15.8x0.9x
Tue, 13 Jun 2023zł6.2bzł7.0bzł384.1m17.5x16.2x0.9x
Thu, 11 May 2023zł6.5bzł6.8bzł392.3m18.6x16.5x0.9x
Sat, 08 Apr 2023zł6.4bzł6.7bzł381.2m18.9x16.7x0.9x
Mon, 06 Mar 2023zł6.4bzł6.6bzł392.3m21x16.3x1x
Wed, 01 Feb 2023zł6.0bzł6.5bzł383.9m21.9x15.6x0.9x
Price to Earnings Ratio

15.6x


Total Market Cap: zł6.0bTotal Earnings: zł383.9mTotal Revenue: zł6.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Polish IT Industry Price to Earnings3Y Average 20.6x202420252026
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 20.6x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • Both revenue and earnings for companies in the IT industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

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

PL Market0.60%
Tech-1.13%
IT-2.89%
Data Processing Services0%0
IT Consulting-2.89%
Internet Services and Infrastructure-3.31%
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 45.3x.
    • 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 20.5x.
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
SPR Spyrosoft Spólka Akcyjnazł536.008.7%
+zł47.1m		12.6%PE15x
ATD Atendezł3.2411.7%
+zł12.4m		20.0%PS0.3x
LUK Lukardizł0.4327.4%
+zł5.4m		-2.7%PS0.9x
TLX Talexzł19.203.8%
+zł2.1m		2.7%PE28.1x
SEV Sevenetzł3.444.2%
+zł1.4m		72.0%PE17.1x

Latest News

ATD
zł3.24
Atende
7D
11.7%
1Y
20.0%

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
zł86.00
Sygnity
7D
-2.3%
1Y
31.1%
SEV
zł3.44
Sevenet
7D
4.2%
1Y
72.0%

Investors Still Aren't Entirely Convinced By Sevenet S.A.'s (WSE:SEV) Revenues Despite 27% Price Jump

Jan 16
Investors Still Aren't Entirely Convinced By Sevenet S.A.'s (WSE:SEV) Revenues Despite 27% Price Jump
SWM
zł38.20
Software Mansion
7D
-4.5%
1Y
25.2%

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
ASE
zł70.10
Asseco South Eastern Europe
7D
-5.3%
1Y
44.2%
SPR
zł536.00
Spyrosoft Spólka Akcyjna
7D
8.7%
1Y
12.6%
PAS
zł143.50
Passus
7D
-0.7%
1Y
354.1%

Passus S.A. (WSE:PAS) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable

Jan 03
Passus S.A. (WSE:PAS) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
PRO
zł7.60
A.P.N. Promise
7D
-5.0%
1Y
32.2%
BTC
zł0.20
BTC Studios
7D
-12.2%
1Y
n/a
SNN
zł2.19
Sunway Network
7D
-8.0%
1Y
36.5%
CMP
zł55.60
Comp
7D
-4.1%
1Y
101.4%

Is Now The Time To Put Comp (WSE:CMP) On Your Watchlist?

Dec 01
Is Now The Time To Put Comp (WSE:CMP) On Your Watchlist?
TLX
zł19.20
Talex
7D
3.8%
1Y
2.7%
LUK
zł0.43
Lukardi
7D
27.4%
1Y
-2.7%
VRF
zł0.22
VR Factory Games
7D
13.8%
1Y
-30.2%
VAR
zł0.43
VARSAV Game Studios
7D
14.2%
1Y
-3.5%
EXM
zł130.00
e-Xim IT
7D
5.7%
1Y
-17.7%