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Polish (WIG) IT Industry Analysis

UpdatedFeb 06, 2026
DataAggregated Company Financials
Companies25
  • 7D-6.1%
  • 3M-2.9%
  • 1Y35.8%
  • YTD-3.5%

Over the last 7 days, the IT industry has dropped 4.8%, driven by a pullback from Asseco South Eastern Europe of 9.7%. Meanwhile, KBJ actually outperformed within the industry, gaining 7.5% in the last week. This takes the industry's 12 month performance to a gain of 39%. 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
Fri, 06 Feb 2026zł8.3bzł6.2bzł393.6m18.4x21.1x1.3x
Sun, 04 Jan 2026zł8.8bzł6.2bzł388.6m17.2x22.5x1.4x
Tue, 02 Dec 2025zł8.6bzł6.2bzł388.4m17.3x22x1.4x
Thu, 30 Oct 2025zł8.9bzł6.1bzł383.4m19.1x23.2x1.5x
Sat, 27 Sep 2025zł9.0bzł6.0bzł382.3m21.2x23.5x1.5x
Mon, 25 Aug 2025zł9.5bzł5.8bzł363.0m21x26x1.6x
Wed, 23 Jul 2025zł9.8bzł5.8bzł373.2m19.7x26.1x1.7x
Fri, 20 Jun 2025zł9.1bzł5.8bzł372.9m17.3x24.3x1.6x
Sun, 18 May 2025zł8.4bzł5.6bzł351.0m19.6x24x1.5x
Tue, 15 Apr 2025zł7.2bzł5.5bzł324.1m16.6x22.3x1.3x
Thu, 13 Mar 2025zł6.7bzł5.4bzł330.8m17.8x20.3x1.2x
Sat, 08 Feb 2025zł9.0bzł7.3bzł371.9m17.1x24.1x1.2x
Mon, 06 Jan 2025zł9.0bzł7.3bzł373.5m17x24.2x1.2x
Wed, 04 Dec 2024zł8.9bzł7.3bzł374.1m17x23.8x1.2x
Fri, 01 Nov 2024zł8.6bzł7.2bzł378.3m17.7x22.8x1.2x
Sun, 29 Sep 2024zł8.5bzł7.2bzł386.4m18.4x22x1.2x
Tue, 27 Aug 2024zł8.7bzł7.5bzł423.3m13.8x20.5x1.2x
Thu, 25 Jul 2024zł8.8bzł7.6bzł333.4m16.8x26.3x1.2x
Sat, 22 Jun 2024zł8.5bzł7.6bzł329.8m16.8x25.7x1.1x
Mon, 20 May 2024zł8.2bzł7.5bzł434.0m16.3x18.9x1.1x
Wed, 17 Apr 2024zł8.3bzł7.3bzł419.3m13x19.7x1.1x
Fri, 15 Mar 2024zł7.9bzł7.3bzł408.1m12.5x19.5x1.1x
Sun, 11 Feb 2024zł7.8bzł7.1bzł408.4m13.4x19.2x1.1x
Tue, 09 Jan 2024zł7.4bzł7.3bzł413.2m13x18x1x
Thu, 07 Dec 2023zł6.9bzł7.2bzł410.7m13.1x16.7x0.9x
Sat, 04 Nov 2023zł6.0bzł7.3bzł407.8m18.4x14.8x0.8x
Mon, 02 Oct 2023zł5.8bzł7.3bzł395.2m17.3x14.8x0.8x
Wed, 30 Aug 2023zł6.1bzł7.2bzł374.8m16.2x16.2x0.8x
Fri, 28 Jul 2023zł6.4bzł7.1bzł405.5m20.3x15.8x0.9x
Sun, 25 Jun 2023zł6.1bzł7.0bzł377.7m18.3x16.2x0.9x
Tue, 23 May 2023zł6.3bzł6.9bzł397.9m18.7x15.8x0.9x
Thu, 20 Apr 2023zł6.5bzł6.7bzł381.2m18.8x17.1x1x
Sat, 18 Mar 2023zł6.1bzł6.8bzł379.1m20.6x16x0.9x
Mon, 13 Feb 2023zł6.2bzł6.6bzł387.7m18.3x16x0.9x
Price to Earnings Ratio

16x


Total Market Cap: zł6.2bTotal Earnings: zł387.7mTotal Revenue: zł6.6bTotal 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 Market0.28%
Tech-5.87%
IT-6.13%
Data Processing Services0%0
Internet Services and Infrastructure-0.66%
IT Consulting-6.15%
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 47.4x.
    • 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
KBJ KBJzł23.007.5%
+zł3.3m		4.5%PE5.9x
MLB MakoLab Spólka Akcyjnazł7.356.5%
+zł3.1m		95.5%PE8.1x
YOS Yoshi Innovationzł2.394.8%
+zł2.7m		-21.6%PS127.9x
LUK Lukardizł0.413.5%
+zł819.0k		2.0%PS0.9x
SED Sediviozł9.701.0%
+zł313.0k		3.9%PE35.3x

Latest News

PAS
zł127.00
Passus
7D
-10.6%
1Y
287.2%

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

Feb 06
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TLX
zł16.70
Talex
7D
-13.9%
1Y
-17.3%

Getting In Cheap On Talex S.A. (WSE:TLX) Is Unlikely

Feb 06
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SGN
zł77.40
Sygnity
7D
-3.7%
1Y
19.1%
SWM
zł35.60
Software Mansion
7D
-3.3%
1Y
26.2%

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

Jan 13
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SED
zł9.70
Sedivio
7D
1.0%
1Y
3.9%

Why Investors Shouldn't Be Surprised By Sedivio S.A.'s (WSE:SED) 25% Share Price Surge

Jan 11
Why Investors Shouldn't Be Surprised By Sedivio S.A.'s (WSE:SED) 25% Share Price Surge
ASE
zł68.00
Asseco South Eastern Europe
7D
-9.7%
1Y
39.1%
SPR
zł508.00
Spyrosoft Spólka Akcyjna
7D
-3.1%
1Y
5.6%
MLB
zł7.35
MakoLab Spólka Akcyjna
7D
6.5%
1Y
95.5%

Investors Still Aren't Entirely Convinced By MakoLab Spólka Akcyjna's (WSE:MLB) Earnings Despite 29% Price Jump

Dec 18
Investors Still Aren't Entirely Convinced By MakoLab Spólka Akcyjna's (WSE:MLB) Earnings Despite 29% Price Jump
CMP
zł57.80
Comp
7D
-2.0%
1Y
93.3%

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

Dec 01
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MND
zł0.99
Mineral Midrange
7D
4.2%
1Y
86.8%
LUK
zł0.41
Lukardi
7D
3.5%
1Y
2.0%
EXM
zł111.00
e-Xim IT
7D
-19.0%
1Y
-31.5%
STS
zł0.34
Satis Group
7D
7.2%
1Y
2.1%
YOS
zł2.39
Yoshi Innovation
7D
4.8%
1Y
-21.6%
KBJ
zł23.00
KBJ
7D
7.5%
1Y
4.5%
FTL
zł0.72
Foothills
7D
4.3%
1Y
140.0%